Applied Digital Corporation, a leader in next-generation digital infrastructure for high-performance computing, has successfully completed a $450 million offering of convertible senior notes. The company plans to utilize the proceeds for share repurchases, capped call transactions, and general corporate purposes, demonstrating its commitment to strategic growth and shareholder value.
Results for: Digital Infrastructure
Bhutan has introduced a new online portal designed to simplify travel planning for tourists, connecting them directly with certified tour operators, hotels, and homestays. This initiative aims to improve the overall tourism experience in the country by streamlining access to essential services.
Barrio Energy has acquired and begun rehabilitating a 12MW data center in Tyler, Texas, marking another significant investment in the state’s growing digital infrastructure. The new facility will contribute to Tyler’s dynamic business environment and provide reliable energy solutions to large-scale energy users in the region.
KBR, a leading engineering and construction company, has secured a $199 million contract to modernize the Department of Defense’s digital infrastructure. This five-year project will see KBR advance the Naval Information Warfare Center Pacific’s digital capabilities, focusing on zero-trust security, advanced technologies, and autonomous information systems. The contract highlights KBR’s expertise in defense technology and its commitment to supporting the DoD’s mission.
While artificial intelligence (AI) is poised to revolutionize global economies, Africa faces a stark digital divide that threatens to widen the gap between itself and wealthier nations. Despite a successful mobile phone revolution, a lack of robust digital infrastructure, including internet connectivity and data centers, hinders Africa’s ability to fully harness AI’s potential. This article explores the challenges and opportunities for closing this gap, highlighting the need for investments in infrastructure and collaboration between governments, businesses, and international organizations.
A faulty update from cybersecurity firm CrowdStrike caused a massive global IT outage, affecting businesses and individuals alike. The incident highlights the interconnectedness of modern infrastructure and underscores the need for robust security measures. Experts believe this may be the first of many such outages, urging organizations to prioritize cybersecurity in the digital age.
A widespread digital blackout has plunged the world into chaos, echoing the anxieties of the Y2K scare. While the cause remains unclear, the event serves as a stark reminder of the vulnerability of our interconnected systems and the potential for technological glitches to disrupt modern life.
The Open Compute Project Foundation (OCP) and Infrastructure Masons (iMasons) have announced a collaboration to promote sustainability initiatives centered on the iMasons Climate Accord (ICA). This collaboration aims to address the challenge of creating sustainable and scalable digital infrastructure by standardizing carbon disclosures and exploring innovative solutions across the supply chain.