Latest news with #cloudInfrastructure
Tahawul Tech
08-07-2025
- Business
- Tahawul Tech
'Our partnership with IDCA underscores our commitment to building intelligent, efficient, and globally competitive data centers' – Hassan Alnaqbi, Khazna
Khazna Data Centers has signed a strategic alliance with the International Data Center Authority (IDCA), the world's leading digital economy think tank and the digital infrastructure standardization, certification and education authority for modern data centers, cloud infrastructure and artificial intelligence (AI). Headquartered in Washington D.C., IDCA will review and analyze Khazna's operations with its globally recognized standards. This includes data center design, service delivery, cloud and AI deployments, and workforce development. 'IDCA's framework is an industry benchmark that reflects the full complexity of modern digital infrastructure, particularly in cloud and AI,' said Hassan Alnaqbi, CEO of Khazna. 'Our alignment to these standards is another step towards aligning with broader international benchmarks.' 'This strategic alliance between IDCA and Khazna will give Khazna's current and future clients the assurance that their data is being housed in facilities meeting the leading global standards and latest best practices,' said IDCA Chairman and CEO Mehdi Paryavi in making the announcement. 'Khazna plays such a critical role in the future of digital infrastructure for Cloud and AI, and its adoption of IDCA standards exhibits the company's commitment in making a global impact.' The certification process, which began on July 1, 2025, includes comprehensive audits of Khazna's infrastructure, operational protocols, and corporate systems. Dedicated teams from both organizations have already been mobilized to oversee the full compliance and certification program. 'As AI becomes a defining force in our industry, our partnership with IDCA underscores our commitment to building intelligent, efficient, and globally competitive data centers,' added Alnaqbi. Paryavi added: 'IDCA projects a growth of data center capacity from the current level of around 55GW to as much as 250 to 300GW by 2030. This massive explosion of demand requires leading emerging global players like Khazna, who are already delivering results at scale, to meet international benchmarks.'
Zawya
08-07-2025
- Business
- Zawya
Khazna Data Centers standardizes on International Data Center Authority for Global Excellence
Abu Dhabi, UAE – Khazna Data Centers has signed a strategic alliance with the International Data Center Authority (IDCA), the world's leading digital economy think tank and the digital infrastructure standardization, certification and education authority for modern data centers, cloud infrastructure and artificial intelligence (AI). Headquartered in Washington D.C., IDCA will review and analyze Khazna's operations with its globally recognized standards. This includes data center design, service delivery, cloud and AI deployments, and workforce development. 'IDCA's framework is an industry benchmark that reflects the full complexity of modern digital infrastructure, particularly in cloud and AI,' said Hassan Alnaqbi, CEO of Khazna. 'Our alignment to these standards is another step towards aligning with broader international benchmarks.' 'This strategic alliance between IDCA and Khazna will give Khazna's current and future clients the assurance that their data is being housed in facilities meeting the leading global standards and latest best practices,' said IDCA Chairman and CEO Mehdi Paryavi in making the announcement. 'Khazna plays such a critical role in the future of digital infrastructure for Cloud and AI, and its adoption of IDCA standards exhibits the company's commitment in making a global impact.' The certification process, which began on July 1, 2025, includes comprehensive audits of Khazna's infrastructure, operational protocols, and corporate systems. Dedicated teams from both organizations have already been mobilized to oversee the full compliance and certification program. 'As AI becomes a defining force in our industry, our partnership with IDCA underscores our commitment to building intelligent, efficient, and globally competitive data centers,' added Alnaqbi. Paryavi added: 'IDCA projects a growth of data center capacity from the current level of around 55GW to as much as 250 to 300GW by 2030. This massive explosion of demand requires leading emerging global players like Khazna, who are already delivering results at scale, to meet international benchmarks.' About Khazna Data Centers As one of the fastest growing hyperscale data center platforms globally, Khazna Data Centers enables the growth of artificial intelligence (AI) and digital economies by delivering advanced infrastructure with unparalleled energy efficiency. Khazna is at the forefront of data center technology, pioneering solutions that combine innovation, resiliency, and sustainability. Khazna empowers governments, businesses, and societies to thrive in the digital age with data centers that are designed to handle the high-density computing requirements essential for the next-generation, AI-powered applications powering the future economy. About IDCA International Data Center Authority (IDCA) is the global bipartisan digital economy think tank that works with nations to create AI policies, Digital Hubs and Digital Economies through the standardization of the approach, selection, design, feasibility, operation, and various processes and methodologies of digital infrastructure and related processes and systems. The global IDCA team works with its partners and affiliates worldwide to achieve the optimum delivery of its advanced services locally and effectively at every project. IDCA is represented in more than 40 countries and active globally in North America, South America, Western Europe, Middle East, Eastern Europe, West Africa, North Africa, East Africa, Central, and South Africa, Southeast Asia, and Asia Pacific.
Yahoo
17-06-2025
- Business
- Yahoo
Splashtop Expands with Sovereign Cloud Infrastructure in Australia to Strengthen Data Residency and Security Compliance
New localized services empower Australian customers with data sovereignty, enhanced performance, and flexible deployment options. SYDNEY, June 17, 2025 (GLOBE NEWSWIRE) -- Splashtop, a global provider of remote access, support, and endpoint management solutions, today announced its establishment of Australia-based infrastructure via a dedicated user database to support growing demand for data sovereignty, regional compliance, and high-performance remote access. This strategic investment enables organizations in Australia to use Splashtop services with confidence, knowing their data remains stored and processed locally under Australian jurisdiction. Splashtop's Australian sovereign cloud helps government, education, and enterprise customers meet national data protection standards, including new data sovereignty requirements under the 2023 Privacy Act. It also streamlines compliance with key frameworks such as the Essential Eight Maturity Model, the Information Security Manual (ISM), and enables readiness for Information Security Registered Assessors Program (IRAP) assessments. The dedicated infrastructure improves connection performance, supports compliance efforts, and underscores Splashtop's continued commitment to offering flexible, secure solutions globally. In addition to its regional cloud infrastructure, Splashtop offers an on-premise deployment option for organizations with stricter data governance policies or air-gapped environments. 'As more countries take steps to enforce digital sovereignty, we're investing in infrastructure that gives our customers choice and control,' said Mark Lee, CEO and Co-founder of Splashtop. 'This localized infrastructure supports data residency and helps streamline compliance, giving Australian customers greater peace of mind.' 'From sovereign cloud to on-prem, Splashtop is committed to meeting customers where they are technically and geographically,' added Leonard Wong, Regional Vice President at Splashtop. 'With our Australia infrastructure now live, we're better positioned to meet regional procurement and compliance requirements, opening the door to support new customers that demand strict data residency assurances.' This new regional infrastructure bolsters Splashtop's growing global footprint, including existing deployments in the United States, Canada, Japan, the European Union, and now Australia. The rollout reflects Splashtop's broader mission to deliver secure, performant, and compliant solutions that align with regional regulations and customer expectations. To learn more about Splashtop's cloud and on-premise solutions, visit About Splashtop Splashtop is the top-rated global provider of remote work, support, and management solutions that simplify security and performance in the work-from-anywhere world. With customer success as the #1 priority, Splashtop's technology is easy to deploy, use, and manage for small and midsize businesses and enterprises, offering advanced security features, high-throughput, broad device support, and 24/5 customer support. The approachable solution selected by more than 30 million users, Splashtop is a partner enabling users to grow and scale on their own terms with highly flexible plans. Splashtop is a member of the Microsoft Intelligent Security Association (MISA), aligning with Microsoft in their efforts to help customers address the evolving challenges of today's IT landscape. Visit and follow us on LinkedIn to learn more. CONTACT: Splashtop Inc. +61 (2) 9161 7275 pr@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
03-06-2025
- Business
- Associated Press
R Systems and Mavvrik Partner to Enable Proactive Financial Governance for AI and Hybrid Infrastructure
GREATER NOIDA, India & EL DORADO HILLS, Calif.--(BUSINESS WIRE)--Jun 3, 2025-- R Systems International Limited, a global leader in digital product engineering and Mavvrik, a leader in AI cost governance, today announced a strategic partnership to help enterprises gain visibility and precise financial control over rapidly escalating AI, cloud, and hybrid infrastructure investments. This press release features multimedia. View the full release here: Financial Governance Solution by R Systems & Mavvrik As enterprises fast-track AI initiatives, infrastructure costs are becoming more fragmented, unpredictable, and difficult to track and manage. Untracked usage, cost attribution gaps, shared services, and siloed billing data make it difficult to understand true cost drivers or measure returns on investment. The R Systems–Mavvrik partnership helps organizations shift from reactive tracking to proactive financial governance for measuring accountability across AI, cloud, and hybrid environments. 'As enterprises accelerate AI adoption, they're not just managing higher infrastructure costs but also navigating a new layer of financial and operational complexity. Traditional cost models were never designed for the dynamic, GPU-intensive, and hybrid environments AI demands. This R Systems–Mavvrik partnership is about helping businesses move from reactive cost tracking to proactive financial governance, so they can scale responsibly, with clarity, control, and confidence,' said Srikara Rao, CTO, R Systems. The joint solution combines R Systems' Dexterity Assessment Framework with Mavvrik's real-time cost intelligence platform to deliver actionable insights and measurable control. Key Solution Benefits 'AI isn't just a new workload, it's a multiplier for cost complexity across the stack,' said Sundeep Goel, CEO of Mavvrik. 'From cloud sprawl to opaque billing and siloed cost data, enterprises are struggling to govern spend. This partnership brings together the proven technology and expertise to help teams regain control and scale with confidence.' For more details visit About R Systems R Systems is a leading digital product engineering company that designs and develops chip-to-cloud software products, platforms, and digital experiences that empower its clients to achieve higher revenues and operational efficiency. Our product mindset and engineering capabilities in Cloud, Data, AI, and CX enable us to serve key players in the high-tech industry, including ISVs, SaaS, and Internet companies, as well as product companies in telecom, media, finance, manufacturing, health and public services verticals. R Systems uses its expertise in automation and integration including RPA and No-Code-Low-code platforms to help enterprises across these verticals achieve their OKRs. About Mavvrik Mavvrik is the financial control centre for AI and hybrid infrastructure. With real-time visibility, intelligent cost attribution, and proactive guardrails, Mavvrik helps enterprises manage costs across cloud, SaaS, and on-prem environments—enabling faster decisions, improved forecasting, and sustained margin protection. View source version on CONTACT: Media Contact Details Mansha Gagneja, R Systems International Ltd,[email protected]. KEYWORD: UNITED STATES INDIA NORTH AMERICA ASIA PACIFIC CALIFORNIA INDUSTRY KEYWORD: DATA MANAGEMENT TECHNOLOGY SOFTWARE NETWORKS ARTIFICIAL INTELLIGENCE INTERNET SOURCE: R Systems International Limited Copyright Business Wire 2025. PUB: 06/03/2025 06:29 AM/DISC: 06/03/2025 06:28 AM
Globe and Mail
22-05-2025
- Business
- Globe and Mail
Will $10,000 Invested in CoreWeave Stock (an Nvidia-Backed AI Company) Be Worth $1 Million in a Decade?
CoreWeave (NASDAQ: CRWV) is the hottest new artificial intelligence stock on the market. The company held its initial public offering (IPO) in March 2025. The stock started trading at $39 per share but has since risen 130% to $90 per share. Those gains are partially due to strong first-quarter financial results, but the company also benefited when Nvidia disclosed its ownership of 24 million shares last week. Its stake is currently worth more than $2 billion and represents about 5% of outstanding shares. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Artificial intelligence promises to created substantial wealth in the coming years. But can CoreWeave stock turn $10,000 into $1 million by 2035? Here's what investors should know. CoreWeave is a leading provider of artificial intelligence infrastructure CoreWeave provides cloud infrastructure and software services. Whereas hyperscalers like Amazon and Microsoft offer similar solutions, CoreWeave is differentiated because its data centers are purpose-built for artificial intelligence (AI) and other accelerated computing workloads. The company has been very successful with that strategy. Despite competing against much larger cloud providers, CoreWeave was recently ranked as the best GPU cloud by research company SemiAnalysis. CoreWeave also reported impressive financial results in its first quarter post-IPO. Revenue increased 420% to $981 million and adjusted operating income increased 550% to $162 million. CoreWeave also announced its acquisition of AI developer platform Weights & Biases. That move extends the utility of its platform. To elaborate, CoreWeave provides the underlying infrastructure needed for AI workloads, while Weights & Biases has the tools developers need to train, evaluate, and monitor AI models. Importantly, CoreWeave currently trades at 16 times sales, which is neither outrageously expensive nor cheap. For context, cloud services provider Cloudflare trades at 31 times sales, while AI server manufacturer Super Micro Computer trades at 1.2 times sales. The sales multiple a stock commands is usually a function of its earnings capacity. But it is difficult to know how profitable CoreWeave will be in the future because the company is still losing money on a GAAP basis. Investors should be aware of that risk. Statistically, CoreWeave stock is unlikely to turn $10,000 into $1 million by 2035 Turning $10,000 into $1 million requires a 100-fold return, which is the same as a 9,900% gain. Not many stocks ever generate that much upside, and even fewer do so in a decade. In fact, only one stock in the S&P 500 would have made the cut the past decade. Nvidia shares have advanced 25,400% since May 2015. That 255-fold return would have turned $10,000 into $2.5 million. However, the odds improve as the holding period lengthens. Three other stocks currently in the S&P 500 generated 100-fold returns in the past 15 years: Texas Pacific Land gained 15,200%. Axon Enterprise gained 15,100%. Broadcom gained 11,400%. Similarly, if we lengthen the time horizon to two decades, another seven stocks join the list: Netflix gained 51,700%. Booking Holdings gained 21,900%. Apple gained 15,400%. Amazon gained 11,400%. Intuitive Surgical gained 10,600%. Monolithic Power Systems gained 10,500%. Deckers Outdoor gained 10,000%. Here's the bottom line: CoreWeave is currently a $42 billion company, which means its market value would need to reach $4.2 trillion for the stock to generate 100-fold returns. History says that outcome is unlikely over any period, especially the next decade. But it's certainly possible, and the odds improve as the time horizon expands. I think CoreWeave could generate substantial upside in the next decade. And who knows: 100-fold returns may be possible during the next two decades. Regardless, investors should watch this up-and-coming AI company closely. The stock is not cheap, but I think it makes sense to buy a small position today. Should you invest $1,000 in CoreWeave right now? Before you buy stock in CoreWeave, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and CoreWeave wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $642,582!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $829,879!* Now, it's worth noting Stock Advisor 's total average return is975% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of May 19, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Trevor Jennewine has positions in Amazon and Axon Enterprise. The Motley Fool has positions in and recommends Amazon, Apple, Axon Enterprise, Booking Holdings, Cloudflare, Deckers Outdoor, Intuitive Surgical, Microsoft, and Netflix. The Motley Fool recommends Broadcom and Monolithic Power Systems and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
