Tag: Decision-making

EnergyManufacturing

Fuel Cells Emerge as Key Solution for AI Data Center Power Demands

Data center operators are increasingly turning to onsite power generation to meet AI’s massive electricity demands. Fuel cell technology reportedly offers the speed, reliability and efficiency needed for modern computational workloads while addressing sustainability concerns.

The AI Power Challenge

As artificial intelligence transforms industries, the massive computational workloads required are creating unprecedented demands for reliable, scalable electricity, according to industry analysis. Sources indicate that traditional power grids struggle to keep pace with AI’s dynamic energy requirements, prompting data center operators to explore alternative generation solutions.

by Elisa Romero
AISoftwareStartups

PyTorch Foundation Adopts Ray Distributed Computing Framework Under Linux Foundation Governance

The PyTorch Foundation has added Ray as a hosted project, uniting the distributed computing framework with PyTorch and vLLM under neutral governance. This consolidation addresses enterprise concerns about vendor control while creating a cohesive platform for AI workloads. The move positions the combined stack against proprietary alternatives from major cloud providers.

Major Consolidation in AI Infrastructure

The PyTorch Foundation has expanded its portfolio by adopting Ray, the distributed computing framework originally developed by Anyscale, according to industry reports. This strategic move unites three critical AI infrastructure components—PyTorch for training, vLLM for inference, and Ray for distributed computing—under a single governance model managed by the Linux Foundation.

by Nathan Cole
BusinessBusiness Software

Accel-KKR Invests in Phocas Software to Boost Middle-Market BI and FP&A Solutions

Phocas Software, a leading provider of business intelligence and financial planning solutions, has secured a strategic majority investment from technology-focused firm Accel-KKR. The funding aims to drive product development and global expansion for middle-market companies.

Strategic Investment to Drive Innovation

Technology-focused investment firm Accel-KKR has made a majority equity investment in Phocas Software, according to reports from both companies. Sources indicate the investment will fuel accelerated product development and market expansion for the business intelligence and financial planning platform serving middle-market companies.

by Nathan Cole