Infrastructure

Elda River Capital Management Completes Successful Spin-Out and Launch of Independent Real Assets Investment Firm

Retrieved on: 
Friday, March 1, 2024
Other Energy, Professional Services, Utilities, Oil, Gas, Start-Up, Alternative Energy, Energy, Other Construction & Property, Asset Management, Commercial Building & Real Estate, Construction & Property, Finance, Scheyer, Magnetar, Kirkland & Ellis, Senior advisor, Entrepreneurship, Infrastructure, Partner (business rank), Partnership, Renewable energy

Elda River Capital Management, LLC (“Elda River”) announced today its launch as an independent real assets-focused investment firm.

Key Points: 
  • Elda River Capital Management, LLC (“Elda River”) announced today its launch as an independent real assets-focused investment firm.
  • Elda River launched with approximately $1.5 billion in assets under management in a spin-out from Magnetar and has offices in Houston, Texas; Evanston, Illinois; and London, United Kingdom.
  • Elda River is led by co-Managing Partners Eric Scheyer and Adam Daley, former partners at Magnetar and co-heads of Magnetar’s Energy & Infrastructure business.
  • “After nearly two decades at Magnetar, our team is excited to launch Elda River and we are grateful for the strong support of our investors,” said Eric Scheyer, Co-Founder and Managing Partner of Elda River.

Artificial Intelligence (AI) Infrastructure Market Forecast to Escalate to $150+ Billion by 2030 on Soaring Demand for AI Capabilities - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 29, 2024
Software, Technology, Hardware, Artificial Intelligence, Compound annual growth rate, AI, Climate, Projection, Infrastructure, Climate change, Cloud computing, Machine learning, Semiconductor, Artificial intelligence

The "Artificial Intelligence (AI) Infrastructure - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Artificial Intelligence (AI) Infrastructure - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • The latest market analysis report unveils that the global Artificial Intelligence (AI) Infrastructure is set to achieve an unprecedented valuation of US$151 Billion by the year 2030.
  • Fuelled by remarkable technological advancements and burgeoning demand, the AI Infrastructure sector is projected to flourish at a Compound Annual Growth Rate (CAGR) of 24.2% during the forecast period of 2022-2030.
  • The comprehensive report synthesizes valuable insights into the segmentation of the AI Infrastructure market.

Stonebranch Named a Representative Vendor in the 2024 Gartner® Market Guide for Infrastructure Automation and Orchestration Tools

Retrieved on: 
Wednesday, February 28, 2024
Software, Networks, Internet, Electronic Design Automation, Data Management, Technology, Apps, Applications, Other Technology, Engineering, UAC, Infrastructure, DevOps, Automation, Publication, Research, Online shopping

Stonebranch, a leading provider of service orchestration and automation solutions, announced that it has been named a Representative Vendor in the 2024 Gartner Market Guide for Infrastructure Automation and Orchestration Tools.

Key Points: 
  • Stonebranch, a leading provider of service orchestration and automation solutions, announced that it has been named a Representative Vendor in the 2024 Gartner Market Guide for Infrastructure Automation and Orchestration Tools.
  • *
    “We are honored to be recognized by Gartner as a Representative Vendor in the 2024 Market Guide for IA&O,” said Giuseppe Damiani, Stonebranch CEO.
  • “UAC’s infrastructure orchestration capabilities help Stonebranch customers streamline the provisioning, deployment, and management of IT resources.
  • * “Gartner, Market Guide for Infrastructure and Automation Tools,” Chris Saunderson, Hassan Ennaciri, Daniel Betts, February 21, 2024.

Global Composable Infrastructure Strategic Business Report 2024: As Modern IT Networks Increasingly Handle HPC and AI Applications, Role of Composable Infrastructure on the Edge Grows - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 28, 2024
Technology, Data Management, Software, Architecture, Growth, Infrastructure, COVID-19, Telecom, Video game

The "Composable Infrastructure - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Composable Infrastructure - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • Composable infrastructure emerges as a critical asset in the IT arsenal, offering the best of both cloud and traditional worlds.
  • Amidst a global economic update marked by a shift towards an endemic COVID-19 strategy, the pandemic's impact on the global composable infrastructure market is significant.
  • Recent market activity underscores the dynamic nature of the composable infrastructure market, presenting opportunities and challenges for industry participants.

MOD Mission Critical Partners with 365 Data Centers

Retrieved on: 
Tuesday, February 27, 2024
Telecommunications, Networks, Internet, Hardware, Data Management, Technology, Other Technology, Security, Ecosystem, Infrastructure, Data, MOD, Partnership, Internet service provider

MOD Mission Critical (MOD), a global infrastructure Platform as a Service company, announces today that it has expanded its partnership with 365 Data Centers (365) , a leading provider of network-centric colocation, network, cloud, and other managed services.

Key Points: 
  • MOD Mission Critical (MOD), a global infrastructure Platform as a Service company, announces today that it has expanded its partnership with 365 Data Centers (365) , a leading provider of network-centric colocation, network, cloud, and other managed services.
  • The partnership enables MOD to offer fractional colocation and connectivity solutions, empowering its customers to leverage services and capabilities available from 365’s network-centric data centers available in 20 markets and an additional 125 nationwide network Points-of-Presence.
  • “This move to deepen our partnership with 365 is a win-win for all our existing and prospective enterprise clients,” comments Mike Hollander, CEO of MOD Mission Critical .
  • “Our dedication to impeccable service is made even more secure and streamlined by leveraging 365’s multitude of first-class data centers and expansive network.

Northleaf Profitably Exits US Toll Road Northwest Parkway

Retrieved on: 
Wednesday, February 28, 2024
Professional Services, Other Construction & Property, Transport, Finance, Construction & Property, Asset Management, Other Transport, Serial Attached SCSI, Euronext Paris, NWP, Denver International Airport, Sale, Infrastructure

Funds managed by Northleaf are divesting their stake alongside the firm’s investment partners in a joint sale of 100% of the equity interest in NWP.

Key Points: 
  • Funds managed by Northleaf are divesting their stake alongside the firm’s investment partners in a joint sale of 100% of the equity interest in NWP.
  • NWP is a ~9-mile toll road located in Denver, Colorado.
  • Among other purposes, the road serves as a vital connection between Northwest Denver and the Denver International Airport.
  • Northleaf infrastructure funds initially acquired their NWP ownership interest in 2017 and subsequently increased their ownership stake in 2023.

Barclays and Blackstone Credit & Insurance Agree to Sale of Credit Card Receivables

Retrieved on: 
Tuesday, February 27, 2024
Banking, Professional Services, Finance, Elis James, Barclays, Investment banking, Growth, Sale, Transaction, Prudential regulation, Account, IRB, Infrastructure, PLC, Update, Blackstone Credit, Credit, Insurance, Bank

Barclays PLC ("Barclays") and Blackstone Credit & Insurance (“Blackstone”) today announced that Barclays Bank Delaware ("BBDE") has entered into an agreement with insurance accounts managed by Blackstone’s Asset Based Finance group, to sell approximately US$1.1 billion of currently outstanding credit card receivables (the “Transaction”) in relation to a defined set of Barclays-branded credit card accounts in the United States of America (the “Accounts”).

Key Points: 
  • Barclays PLC ("Barclays") and Blackstone Credit & Insurance (“Blackstone”) today announced that Barclays Bank Delaware ("BBDE") has entered into an agreement with insurance accounts managed by Blackstone’s Asset Based Finance group, to sell approximately US$1.1 billion of currently outstanding credit card receivables (the “Transaction”) in relation to a defined set of Barclays-branded credit card accounts in the United States of America (the “Accounts”).
  • This is the first in a series of activities Barclays plans to conduct to reduce its risk-weighted assets (RWAs) and create additional lending capacity for BBDE.
  • As part of the Transaction, BBDE will enter into a long-term strategic forward flow sale and servicing arrangement with Blackstone related to the Accounts.
  • Barclays Bank PLC will invest into the Transaction alongside Blackstone’s insurance accounts.

Virgin Voyages Powers Fastest Internet at Sea with Industry-First Integrated MEO-LEO Service from SES

Retrieved on: 
Monday, February 26, 2024
Data Management, Satellite, Technology, Carriers and Services, Other Travel, Destinations, Travel, Maritime, Transport, Telecommunications, Vacation, Cruise, Networks, Internet, Mobile, Wireless, Social media, Senior, Ship, Starlink, Virgin Voyages, Infrastructure, MEO, Heart, LEO, Security, Tourism

Combining Medium Earth Orbit (MEO) and Low Earth Orbit (LEO) satellite coverage, the SES Cruise mPOWERED + Starlink PRO service will provide unmatched connectivity of up to 1.5Gbps per ship, enabling Virgin Voyages’ sailors to enjoy exclusive passenger experiences.

Key Points: 
  • Combining Medium Earth Orbit (MEO) and Low Earth Orbit (LEO) satellite coverage, the SES Cruise mPOWERED + Starlink PRO service will provide unmatched connectivity of up to 1.5Gbps per ship, enabling Virgin Voyages’ sailors to enjoy exclusive passenger experiences.
  • The seamlessly integrated high-performance connectivity service with no data consumption limitations will power Virgin Voyages’ high-end cruise offering of tech-savvy cabins, beautiful spas, and designer suites, plus award-winning entertainment, which all require superior connectivity.
  • Launched in 2021, Virgin Voyages offers adult-only voyages on ships inspired by boutique hotels, sailing to 100+ ports globally.
  • To learn more about SES Cruise mPOWERED + Starlink packages, click here.

Lenovo Accelerates Telco Transformation with Next-Generation Edge AI Innovations at MWC ‘24

Retrieved on: 
Sunday, February 25, 2024
Data Management, Technology, Telecommunications, Software, 5G, Networks, Artificial Intelligence, Cloud, Rakuten, Telefónica, Orange, AI, Intelligence, Partnership, Data management, MWC, Overalls, Sylva, Smoke, TTM, Life, ThinkPad, Hybrid intelligent system, Infrastructure, Human, City, NIMS, ThinkBook, Ecosystem, Automation, Telco, Video game

At MWC 2024, Lenovo unveiled next-generation Integrated Edge AI Solutions for Telco that help enterprises go beyond the data center to harness vast bodies of data at the far edge for transformative AI applications at scale while reducing energy consumption.

Key Points: 
  • At MWC 2024, Lenovo unveiled next-generation Integrated Edge AI Solutions for Telco that help enterprises go beyond the data center to harness vast bodies of data at the far edge for transformative AI applications at scale while reducing energy consumption.
  • The innovations are part of a comprehensive pocket-to-cloud portfolio of Lenovo hybrid AI solutions designed to simplify the path to intelligent transformation for all industries.
  • To support the massive amount of computing moving to the edge, a powerful lineup of new Lenovo Integrated Edge AI Solutions for Telco is on display at MWC in Barcelona with Lenovo’s ecosystem of partners.
  • Intel’s Edge Platform with Lenovo ThinkEdge enables enterprises to develop, deploy, run and manage edge applications at scale with cloud-like simplicity.

Governor JB Pritzker Announces Historic $500 Million Investment Aligning with the CHIPS and Science Act

Retrieved on: 
Monday, February 26, 2024
Public Policy, Government, Semiconductor, State, Local, Technology, Software, Artificial Intelligence, Hardware, CHIPS, Civic, Engineering, Senior, Artificial intelligence, Investment, Commerce, University, CSU, Corporation, IBM Fellow, Silicon, SVP, University of Chicago, Innovation Hub, Federation, University of Illinois Urbana-Champaign, Ecosystem, Chamber of commerce, Environment, Partnership, UIUC, Chicago State University, NSTC, Provost, Fermilab, Physics, Black, Illinois Institute of Technology, Research, Innovation, Inflation, Economic development, Discovery Partners Institute, IBM, Infrastructure, National Science Foundation, Renewable energy

Innovate Illinois Chair and Governor JB Pritzker announced a groundbreaking proposal to allocate $500 million towards the advancement of beyond silicon quantum technology in the state.

Key Points: 
  • Innovate Illinois Chair and Governor JB Pritzker announced a groundbreaking proposal to allocate $500 million towards the advancement of beyond silicon quantum technology in the state.
  • "We were already solidifying our position as a top hub for quantum development, we're ready to leap ahead.
  • Ensuring we make timely, strategic investments and demonstrate unwavering commitment builds confidence among private industry and the federal government," said Governor JB Pritzker.
  • Governor Pritzker has been fostering the innovation environment in Illinois and this announcement will uplift these efforts.