Supercomputer

Applied Digital Launches Cloud Service to Empower Artificial Intelligence Applications

Retrieved on: 
Monday, May 15, 2023

DALLAS, May 15, 2023 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder and operator of next-generation digital infrastructure that is designed for High-Performance Computing (“HPC”) applications, today announced the launch of its Artificial Intelligence (AI) Cloud services that will provide high-performance computing power for AI applications, including large language model training, graphics rendering, and more.

Key Points: 
  • DALLAS, May 15, 2023 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder and operator of next-generation digital infrastructure that is designed for High-Performance Computing (“HPC”) applications, today announced the launch of its Artificial Intelligence (AI) Cloud services that will provide high-performance computing power for AI applications, including large language model training, graphics rendering, and more.
  • The AI Cloud services will be offered through Sai Computing, a wholly-owned subsidiary of Applied Digital, and will serve as the brand through which the services will be marketed.
  • The service will initially be provided from the Company’s new 9MW HPC Jamestown facility which currently hosts a cluster of Nvidia A100, A40, and A6000 GPUs.
  • “Applied Digital's differentiated datacenter infrastructure uniquely positions us to meet the sophisticated and demanding workloads required for businesses to leverage AI and other HPC applications,” Cummins added.

Applied Digital Announces Upcoming Conference Participation

Retrieved on: 
Thursday, May 11, 2023

DALLAS, May 11, 2023 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital " or the "Company"), a designer, builder and operator of next-generation digital infrastructure that is designed for High Performance Computing (“HPC”) applications, today announced its participation in the 18th Annual Needham Technology & Media Conference, 23rd Annual B. Riley Institutional Investor Conference, and 20th Annual Craig-Hallum Institutional Investor Conference.

Key Points: 
  • DALLAS, May 11, 2023 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital " or the "Company"), a designer, builder and operator of next-generation digital infrastructure that is designed for High Performance Computing (“HPC”) applications, today announced its participation in the 18th Annual Needham Technology & Media Conference, 23rd Annual B. Riley Institutional Investor Conference, and 20th Annual Craig-Hallum Institutional Investor Conference.
  • Applied Digital management is scheduled to present on May 16th at 2:15pm ET and will be hosting one-on-one meetings with investors throughout the conference.
  • Applied Digital management will participate in a fireside chat on May 24th at 3:15pm PT and 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 Reports Fiscal Third Quarter 2023 Financial Results and Provides an Operational Update

Retrieved on: 
Thursday, April 6, 2023

DALLAS, April 06, 2023 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder and operator of next-generation digital infrastructure that is designed for High Performance Computing (“HPC”) applications, today reported financial results for the fiscal third quarter of 2023 ended February 28, 2023.

Key Points: 
  • DALLAS, April 06, 2023 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder and operator of next-generation digital infrastructure that is designed for High Performance Computing (“HPC”) applications, today reported financial results for the fiscal third quarter of 2023 ended February 28, 2023.
  • Fiscal third quarter 2023 adjusted loss from continuing operations of $1.4 million, or adjusted loss per share of $0.01.
  • Financial Results for Fiscal Third Quarter 2023 Ended February 28, 2023
    Note: Applied Digital did not have operations in the prior year comparable period and thus no comparative analysis is included.
  • Applied Digital ended the fiscal third quarter 2023 with cash and cash equivalents of $22.9 million and $23.7 million in debt outstanding.

Applied Digital Reschedules Fiscal Third Quarter 2023 Earnings Conference Call to Thursday, April 6, 2023 at 9:00 a.m. Eastern Time

Retrieved on: 
Tuesday, April 4, 2023

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 any 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 April 6, 2023 through April 20, 2023.

Opening of DeepSquare Dev Environment to the AI, Rendering and Gaming Developers Community

Retrieved on: 
Tuesday, April 4, 2023

Zug, Switzerland, April 4, 2023 /PRNewswire-PRWeb/ -- DeepSquare, a pioneer in distributed high performance computing (HPC), announced today that it is ready to welcome creators developing AI, Gaming and Rendering solutions. Building the next generation of cloud computing, DeepSquare democratises access to performant yet affordable High Performance Computing by delivering a platform that seamlessly interconnects users with a grid of distributed supercomputing resources.

Key Points: 
  • DeepSquare, a pioneer in distributed high performance computing (HPC), announced that it is ready to welcome creators developing AI, Gaming, and Rendering solutions.
  • The DeepSquare portal provides an intuitive interface enabling developers to easily build and run their own applications.
  • Zug, Switzerland, April 4, 2023 /PRNewswire-PRWeb/ -- DeepSquare, a pioneer in distributed high performance computing (HPC), announced today that it is ready to welcome creators developing AI, Gaming and Rendering solutions.
  • DeepSquare provides a portal with a web interface and libraries that allow users to run various compute-intensive applications on the DeepSquare distributed grid.

Applied Digital Sets Fiscal Third Quarter 2023 Earnings Conference Call for Thursday, April 6, 2023 at 5:00 p.m. Eastern Time

Retrieved on: 
Thursday, March 23, 2023

A press release detailing these results will be issued after the close of trading on the same day.

Key Points: 
  • A press release detailing these results will be issued after the close of trading on the same day.
  • Applied Digital management will provide prepared remarks, followed by a question-and-answer period.
  • If you have any 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 9:00 p.m. Eastern time April 6, 2023 through April 20, 2023.

Together with Thousands of Technology and Startup Companies worldwide, COMPUTEX 2023 Visitor Registration is Now Open

Retrieved on: 
Thursday, March 23, 2023

Registration to visit the show opens today; all tech professionals are welcome to register online.

Key Points: 
  • Registration to visit the show opens today; all tech professionals are welcome to register online.
  • In addition, InnoVEX, displaying world startups, is Asia's most iconic startup platform, linking Taiwan's innovative teams with global resources.
  • This year, the speakers come from leading international technology companies, providing attendees with incisive and futuristic technology insights.
  • COMPUTEX 2023 showcases Taiwan's industrial strength and will connect international manufacturers, global technology players, start-up teams, and professional buyers to create unlimited technological possibilities.

High Performance Computing Global Market Report 2023: AI-powered HPC Market will Reach $37.4 Billion by 2028

Retrieved on: 
Thursday, March 16, 2023

The report also assesses the market for the integration of various artificial intelligence technologies in HPC.

Key Points: 
  • The report also assesses the market for the integration of various artificial intelligence technologies in HPC.
  • It also evaluates the exascale-level HPC market including analysis by component, hardware type, service type, and industry vertical.
  • The AI-powered HPC market will reach $37.4B globally by 2028, driven largely by simulations, engineering and design solutions.
  • High Performance Computing (HPC) may be provided via a supercomputer or via parallel processing techniques such as leveraging clusters of computers to aggregate computing power.

Global High Performance Computing Market to 2028: Simulations, Engineering and Design Solutions Drive Growth - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 16, 2023

The AI-powered HPC market will reach $37.4B globally by 2028, driven largely by simulations, engineering and design solutions.

Key Points: 
  • The AI-powered HPC market will reach $37.4B globally by 2028, driven largely by simulations, engineering and design solutions.
  • High Performance Computing (HPC) may be provided via a supercomputer or via parallel processing techniques such as leveraging clusters of computers to aggregate computing power.
  • HPC is well-suited for applications that require high performance data computation such as certain financial services, simulations, and various R&D initiatives.
  • In an effort to identify growth opportunities for the HPC market, we investigated market gaps including unserved and underserved markets and submarkets.

Rocky Enterprise Software Foundation (RESF) Elects Project Boards for Rocky Linux, Peridot

Retrieved on: 
Friday, March 10, 2023

RENO, Nev., March 10, 2023 /PRNewswire-PRWeb/ -- The Rocky Enterprise Software Foundation (RESF) today announced the inaugural projects and project boards that will initiate the work of the foundation. The officially hosted projects—Rocky Linux and Peridot—were named and respective project boards were elected on January 16 at the first annual meeting of the newly elected RESF board.

Key Points: 
  • RENO, Nev., March 10, 2023 /PRNewswire-PRWeb/ -- The Rocky Enterprise Software Foundation (RESF) today announced the inaugural projects and project boards that will initiate the work of the foundation.
  • The elections of the initial project boards were made in accordance with Section 5 of the RESF Foundation Bylaws .
  • The Rocky Linux project board comprises the following members:
    LOUIS ABEL is a system engineer who started his Linux journey in 2005.
  • The Rocky Enterprise Software Foundation (RESF) exists to organize open source communities comprising enterprise, research, academia, individuals and other institutions to collaborate on building and maintaining the open source tools that these organizations need.