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AI & Enterprise

Neocloud market shifts as SoftBank and Meta enter

The neocloud market for AI-focused cloud computing is shifting as major players enter. SoftBank Group and its telecom unit SoftBank plan to start a neocloud business next fiscal year, renting AI computing resources to U.S. companies. Meta is also stepping up plans to use its data centres for cloud services. Nvidia is expanding support for smaller cloud firms that lease its GPUs. Big cloud companies are also building forward deployed engineer teams for enterprise AI.

AI & Enterprise

Schneider Electric to buy industrial AI firm Cognite for $3.1 billion

France\'s industrial automation solutions company Schneider Electric will acquire industrial AI company Cognite for $3.1 billion, SiliconANGLE reported on Monday. The move is part of an effort to strengthen its AI software and industrial data business. SiliconANGLE said the deal also shows industrial AI is changing, evolving from systems that log data and flag maintenance needs to autonomous AI that can make decisions and act.

Industry

Data centre power architecture shifts as BBU batteries emerge as new battleground

Battery use is expanding beyond electric vehicles and energy storage systems to server racks as AI data centres push rack power density higher. Facility-level uninterruptible power supplies are seen as less able to handle rapid power swings, lifting demand for rack-level battery backup units, or BBUs, defined in open rack standards such as OCP Open Rack V3. Samsung SDI forecasts the global BBU market at $800 million this year, up more than 70 percent, while suppliers prepare new products and production.