Weekly Edition of curated news about Digital Infrastructure
It was a busy week for Q2 earnings: announcements from Equinix, Digital Realty, Iron Mountain and American Tower. Digital Bridge also announced Q2 earnings, noting an additional $2.7B new capital formation in the last quarter. I’m going to do a deep dive (sometime soon) on this company. Their portfolio is impressive as their digital playbook execution for following global trends. You can see their Q2 presentation here.
Four semiconductor companies have come together to advance the adoption of RISC-V globally by enabling next-generation hardware development, and accelerate the commercialization of future products based on the open-source RISC-V architecture. The companies include Robert Bosch GmbH, Infineon Technologies AG, Nordic Semiconductor, NXP Semiconductors, and Qualcomm.
Speaking of RISC-V, Toronto-based next-generation computing company Tenstorrent announced it has closed a $100 million strategic financing up-round, financed by Hyundai Motors and Samsung Catalyst Fund. Tenstorrent sells AI processors and licenses AI and RISC-V IP to customers that want to own and customize their silicon.
Cadence Design Systems announced the Cadence Tensilica Xtensa LX8 processor platform, the foundation for the eighth generation of its Xtensa LX processor family. The company says the new LX8 capabilities address the increasing system-level performance and AI requirements of processor-based SoC designs while still providing customers energy-optimized Tensilica IP solutions.
Enterprise network company Nile announced a $175 million Series C investment round co-led by March Capital and Sanabil Investments. Emerging from stealth less than one year ago Nile has two former Cisco executives (John Chambers and Pankaj Patel) as two of its four founding members. Nile offers a network-as-a-service (NaaS) solution designed to deliver a more secure wired and wireless service through the extensive use of monitoring, analytics, and automation.
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