Supercomputer

Justin Hotard to Lead Intel’s Data Center and AI Group

Retrieved on: 
Wednesday, January 3, 2024

Intel Corporation today announced the appointment of Justin Hotard as executive vice president and general manager of its Data Center and AI Group (DCAI), effective Feb. 1.

Key Points: 
  • Intel Corporation today announced the appointment of Justin Hotard as executive vice president and general manager of its Data Center and AI Group (DCAI), effective Feb. 1.
  • He joins Intel with more than 20 years of experience driving transformation and growth in computing and data center businesses, and is a leader in delivering scalable AI systems for the enterprise.
  • View the full release here: https://www.businesswire.com/news/home/20240103210452/en/
    On Jan. 3, 2024, Intel announced the appointment of Justin Hotard as executive vice president and general manager of its Data Center and AI Group, effective Feb. 1.
  • “Justin is a proven leader with a customer-first mindset and has an impressive track record in driving growth and innovation in the data center and AI,” said Intel CEO Pat Gelsinger.

Applied Digital Sets Fiscal Second Quarter 2024 Earnings Conference Call for Tuesday, January 16, 2024 at 9:00 a.m. Eastern Time

Retrieved on: 
Wednesday, January 3, 2024

A press release detailing these results will be issued before the market open on the same day.

Key Points: 
  • A press release detailing these results will be issued before the market open on the same day.
  • Applied Digital management will provide prepared remarks, followed by a question-and-answer period.
  • If you have difficulty connecting with the conference call, please contact Applied Digital’s investor relations team at 1-949-574-3860.
  • A replay of the call will be available after 1:00 p.m. Eastern time January 16, 2024 through January 30, 2024.

Applied Digital Announces Long-Term Supply Agreement with TerraForm Power

Retrieved on: 
Tuesday, December 19, 2023

DALLAS, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital " or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, today announced TerraForm Power, owned by Brookfield, has entered into a long term Retail Electric Service Agreement with the Company for its 200-megawatt (“MW”) next-generation datacenter in Garden City, Texas.

Key Points: 
  • DALLAS, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital " or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, today announced TerraForm Power, owned by Brookfield, has entered into a long term Retail Electric Service Agreement with the Company for its 200-megawatt (“MW”) next-generation datacenter in Garden City, Texas.
  • The Garden City facility directly interconnects with a Wind Farm owned by TerraForm Power, located in Glasscock County, Texas.
  • “Partnering with one of the world's largest and most reputable renewable power operators is a testament to our industry-leading digital infrastructure platform,” said Applied Digital Chairman and CEO Wes Cummins.
  • “The TerraForm Power team has been instrumental in moving this project forward through a congested regulatory pipeline in Texas, which will allow us to leverage low-cost power while concurrently allowing TerraForm Power to monetize their assets and alleviate transmission congestion in the area.”
    Gene Alessandrini, Chief Commercial of TerraForm Power, commented, “TerraForm Power looks forward to our continued relationship with Applied Digital and is excited about providing Applied Digital with an energy supply solution that provides a win-win for both companies.”

Applied Digital to Host Ribbon Cutting Ceremony at its 200-Megawatt Datacenter in Garden City, Texas

Retrieved on: 
Tuesday, November 28, 2023

Garden City officials will join leadership from Applied Digital to support the landmark opening of the facility.

Key Points: 
  • Garden City officials will join leadership from Applied Digital to support the landmark opening of the facility.
  • This is a significant milestone in Applied Digital's ongoing growth efforts to meet the growing demand for low-cost scalable digital infrastructure.
  • During the event, invitees will have the opportunity to engage with Applied Digital executives and view this state-of-the-art facility and its proprietary design.
  • “We are grateful to the local Garden City community for the support, time, and dedication put into this facility,” said CEO of Applied Digital, Wes Cummins.

Kate Reed Elected to Applied Digital Board of Directors

Retrieved on: 
Monday, November 20, 2023

DALLAS, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, announced Kate Reed was elected as an independent director on its Board of Directors (the “Board”) on November 9, 2023.

Key Points: 
  • DALLAS, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, announced Kate Reed was elected as an independent director on its Board of Directors (the “Board”) on November 9, 2023.
  • Kate Reed is a technology industry veteran with experience in leading and developing teams across several key departments at IBM Corporation from 2014 to 2023.
  • “I’m honored to welcome Kate Reed to our Board of Directors,” said Wes Cummins, CEO & Chairman of the Board at Applied Digital.
  • Kate’s deep technological acumen and expertise in AI and Cloud Computing will make her a great asset for our long-term expansion in the sector.”
    “I am thrilled to join Applied Digital's Board of Directors,” said Reed.

University of Stuttgart and Hewlett Packard Enterprise to Build Exascale Supercomputer

Retrieved on: 
Tuesday, December 19, 2023

The University of Stuttgart and Hewlett Packard Enterprise (NYSE: HPE) have announced an agreement to build two new supercomputers at the High-Performance Computing Center of the University of Stuttgart ( HLRS ).

Key Points: 
  • The University of Stuttgart and Hewlett Packard Enterprise (NYSE: HPE) have announced an agreement to build two new supercomputers at the High-Performance Computing Center of the University of Stuttgart ( HLRS ).
  • Hunter will be based on the HPE Cray EX4000 supercomputer, which is designed to deliver exascale performance to support large-scale workloads across modeling, simulation, AI, and HPDA.
  • We look forward to building on our collaboration to pave the way to exascale for HLRS using the HPE Cray EX supercomputer.
  • We are particularly excited that we have found a globally leading partner for these topics in Hewlett Packard Enterprise, who together with AMD will open up new horizons of performance for our clients.”

High Performance Computing (HPC) Market size to grow by USD 16.62 billion between 2022 - 2027 | Increasing utilization of big data analytics to drive the market - Technavio

Retrieved on: 
Tuesday, December 19, 2023

What is the projected size of the High Performance Computing (HPC) Market in the next five years?

Key Points: 
  • What is the projected size of the High Performance Computing (HPC) Market in the next five years?
  • The High Performance Computing (HPC) Market is projected to reach a value of USD 16.62 billion in 2027.
  • The global high performance computing market is experiencing growth primarily due to the expanding utilization of big data analytics.
  • Buy the report to get the details
    What are some of the challenges faced by the High Performance Computing (HPC) Market?

Latest Top500 List Highlights Several World's Fastest and Most Efficient Supercomputers Powered by AMD

Retrieved on: 
Tuesday, November 14, 2023

AMD EPYC™ processors and AMD Instinct™ accelerators continue to be the solutions of choice for many of the most innovative, energy efficient and fastest supercomputers in the world.

Key Points: 
  • AMD EPYC™ processors and AMD Instinct™ accelerators continue to be the solutions of choice for many of the most innovative, energy efficient and fastest supercomputers in the world.
  • AMD now powers 140 supercomputers on the latest Top500 list representing a 39% year-over-year increase.
  • Additionally, AMD powers eight of the top ten most energy efficient supercomputers in the world based on the latest Green500 list .
  • Visit the AMD booth #1117 at Supercomputing 2023 to learn more about AMD solutions for HPC and speak with AMD experts.

Applied Digital Announces Upcoming Investor Events

Retrieved on: 
Monday, November 13, 2023

Applied Digital management will be hosting one-on-one meetings with investors throughout the conference.

Key Points: 
  • Applied Digital management will be hosting one-on-one meetings with investors throughout the conference.
  • Applied Digital management will be hosting one-on-one meetings with investors throughout the conference.
  • Applied Digital management will be hosting one-on-one meetings with investors throughout the conference.
  • To receive additional information or to schedule a one-on-one meeting, please contact your conference representative or Applied Digital’s investor relations team [email protected] .

Enfabrica Joins Ultra Ethernet Consortium

Retrieved on: 
Tuesday, November 14, 2023

Enfabrica Corporation , an emerging technology leader in Artificial Intelligence (AI) networking silicon and software whose products are designed to the exacting demands of high-performance accelerated computing workloads, today announced that it has joined the Ultra Ethernet Consortium (UEC).

Key Points: 
  • Enfabrica Corporation , an emerging technology leader in Artificial Intelligence (AI) networking silicon and software whose products are designed to the exacting demands of high-performance accelerated computing workloads, today announced that it has joined the Ultra Ethernet Consortium (UEC).
  • Enfabrica intends to contribute its own learnings in the space and expects to support the Consortium’s approved Ultra Ethernet specifications in its ACF-S product roadmap for 2024 and beyond.
  • It makes sense for us to collaborate going forward.”
    "We are pleased to welcome Enfabrica to the Ultra Ethernet Consortium as a General Member and applaud their focus on delivering new network fabric technologies for accelerated computing,” said J Metz, Ultra Ethernet Consortium Chair.
  • Enfabrica recently increased its valuation more than five-fold by closing a $125 million Series B financing round in September 2023.