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Lumen Orbit emerges from stealth and raises $2.4M to put data centers in space

GeekWire

“We started Lumen with the mission of launching a constellation of orbital data centers for in-space edge processing,” Oltean explained in an email. “Essentially, other satellites will send our constellation the raw data they collect.

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AWS to invest $5.3 to build data centers in Saudi Arabia to bolster tech in the region

CIO Business Intelligence

billion in the Middle East kingdom to build data centers and a significant cloud presence in the region. Amazon Web Services (AWS) is the latest high-tech giant to announce a major stake in Saudi Arabia’s burgeoning technology industry, unveiling a plan this week to invest more than $5.3

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Achieve scalable cyber resiliency in the cloud during an age of exponential data growth

CIO Business Intelligence

Data volumes continue to grow exponentially, and there’s no end in sight. IDC predicts that the amount of commercial data in storage will be 12.8 ZB by 2026. A typical novel contains 1 MB of data and is about 12 mm thick, so 12.8 As a result, efforts get duplicated, creating inefficacy and higher costs.

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US Signal: Sustainability isn’t just a buzzword

CIO Business Intelligence

Headquartered in Grand Rapids, Michigan, US Signal is the largest privately-held data center services provider in the Midwest. We believe it’s possible to build and operate data centers in a scalable, environmentally friendly way,” adds McCormick.

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5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

New York-Presbyterian will also invest in zero trust this year, adding a security operations center (SOC) for 24/7 network monitoring as well, Fleischut says. Cold: On-prem infrastructure As they did in 2022, many IT leaders are reducing investments in data centers and on-prem technologies. “We

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AI already uses as much energy as a small country. It’s only the beginning.

Vox

Paige Vickers/Vox; Getty Images The energy needed to support data storage is expected to double by 2026. Included for the first time were projections for electricity consumption associated with data centers, cryptocurrency , and artificial intelligence. Servers at data centers also heat up.

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Leaning into Retail’s Challenges with Digital Transformation

CIO Business Intelligence

By 2026, retailers’ global investments in digital transformation tools are expected to reach $388 billion , growing by 18% a year. Now that cars have evolved into data centers on wheels, car makers are engaging with IT suppliers as partners that can help them optimize their use of AI and machine learning algorithms.

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