cloud infrastructure

AMD strikes a deal to sell ZT Systems’ server-manufacturing business for $3B

AI /

Semiconductor giant AMD followed through with its plan to spin out ZT Systems’ server-manufacturing business. AMD announced on Monday that it was selling ZT Systems’ server-manufacturing business to electronic manufacturing services company Sanmina. The $3 billion deal is a mix of cash and stock: $2.25 billion in cash; a $300 million premium, including 50% cash […]

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Amazon to invest $4B in Chile to launch AWS infrastructure region

Enterprise /

Amazon is making a sizable investment to support new and existing Amazon Web Services (AWS) customers in Chile. The tech conglomerate announced on Wednesday that it will pour more than $4 billion into building an AWS infrastructure region of data centers in Chile by the end of 2026. The investment will go toward establishing three

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Serverless cloud platform Koyeb now lets developers spin up Tenstorrent’s AI accelerators

AI /

Just a few weeks after chipmaker Tenstorrent raised nearly $700 million in funding, developers can now try out Tenstorrent’s AI accelerators on Koyeb. Tenstorrent sells AI processors built around the RISC-V instruction set architecture, and has developed its own open-source neural network library, TT-NN, and open-source low-level programming model, TT-Metalium. Tenstorrent is part of a

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