🌍 Transforming Critical Infrastructure with AI: Neara Raises $31M Series C Funding! 🚀 In a game-changing move for global infrastructure, Neara, a Sydney-based leader in AI-powered predictive modeling, has raised $31 million in Series C funding to revolutionize how critical infrastructure is managed worldwide. 🔑 Funding Details: 🔹Lead Investors: EQT Group 🔹Additional Investors: Partners Group, Square Peg Capital 🔹Support from Existing Backers: Skip Capital, Prosus Ventures What’s the Big Deal? Neara's AI platform empowers infrastructure owners to: 🔸Analyze complex networks in hours, not months. 🔸Simulate real-world scenarios to drive cost-effective, proactive decisions. 🔸Tackle routine operations, emergency responses, and major investments with precision and speed. The company is already making waves in the U.S. broadband sector, helping providers fast-track projects to connect underserved communities. 💡 Imagine cutting months of manual surveys into days of AI-driven analysis! 📊 The Bigger Picture: Neara’s breakthrough technology is paving the way for smarter, faster, and more resilient infrastructure globally. With this new funding, they’re set to accelerate operations and redefine industry standards. 📢 Your Turn! 💬 What are your thoughts on the future of AI in critical infrastructure? 🔄 Repost to amplify this game-changing news! 👥 Follow for more updates on tech funding and innovation! 📆 News Month: October, 2024 🔗 Source: FinSMEs
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Thanks for the credit TomorrowX, and agree about this article missing the mark. "At its core, technology modernization involves transforming existing applications to take advantage of modern technologies, frameworks, and architectures" - the literal "what", yes, but missing the "why". If modernisation were only about recovery of tech debt and upgrading tech, than organisations will continue to *kick the can* until they are left with no other options. Modernisation is about realising the capabilities and optimisations to people and process through tech "... redefin[ing] what's possible", in the same way organisational digital transformation automated and optimised business processes. *Modernisation* is the next wave of transformation
Unleashing a Better Tomorrow, Today McKinsey’s recent article https://lnkd.in/d-3rMTR5 rightly identifies agentic AI as the way forward for IT modernisation. At TomorrowX, we couldn’t agree more. This paradigm shift is the foundation of a better future, where enterprises can solve old, legacy problems in entirely new ways that are safe, affordable and compliant. But we believe the article misses the mark by staying within the constraints of traditional thinking. Modernisation isn’t just about replacing or upgrading systems - it’s about enabling new solution architectures that redefine what’s possible (credit, Aaron Sempf, AWS). At TomorrowX, we’ve pioneered innovations that turn LegacyX into TomorrowX. With our Intelligent Agent, organisations can access data inline without the need for complex systems integration, transforming how enterprises deploy modern solutions. Our Data Guard Xapp further enables data to be protected and secured in real time, ensuring compliance and security are built into every process - not added as an afterthought. These capabilities aren’t just tools - they’re game changers. They unlock architectures that allow businesses to modernise quickly, cost-effectively and sustainably. Moreover, TomorrowX’s Compliance-first AI ethos ensures that every transformation is driven by best practices in risk, privacy and governance, empowering leaders to build with confidence. The future of enterprise IT isn’t just faster, cheaper, better - it’s smarter, safer and more sustainable. That’s what it means to turn LegacyX into TomorrowX. #AgenticAI #ITModernisation #ComplianceFirst #TomorrowX
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Deciding whether to develop your own #GenAI technology or invest in existing solutions? Our Head of Field Engineering Justin Hayes breaks down the pros and cons of each option. Check out our blog for a build vs buy guide ➡️ https://lnkd.in/gXa_ZHVx?
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Trump Announces $500 Billion 'Stargate' AI Project with OpenAI, Oracle, and SoftBank Three technology giants, backed by President Trump, are collaborating on Stargate, a massive AI infrastructure initiative. With construction already underway in Texas, the project aims to establish the U.S. as a global AI leader. Oracle stock surged 7% on the news, alongside gains for NVIDIA and ARM. Clearly, this shows Elon Musk's ideation to make the AI that enables next-gen features. Jan 30 is a big day when SamAltman will be revealing the Super AI Agents. Five Key Points: Scale and Investment The project launches with an initial $100 billion investment, scaling to $500 billion over four years. The first data centre is under construction in Texas, with plans to expand across multiple states. Main Players SoftBank oversees funding, OpenAI manages operations, and Oracle leads data centre development. Key contributors include Microsoft, NVIDIA, and ARM, with Sam Altman heading OpenAI and Masayoshi Son of SoftBank serving as chairman. Economic Impact Stargate is expected to create 100,000 new jobs in AI and technology. By spreading data centers across states, the project aims to establish technology hubs nationwide. Technical Focus The initiative addresses compute shortages for AI development by building advanced data centers, renewable energy resources, and chip manufacturing capabilities. Oracle, NVIDIA, and OpenAI will collaborate on the infrastructure. Policy Changes Trump’s approach reverses the 2023 AI executive order requiring companies to share safety results with the government. This new direction prioritizes rapid development with fewer restrictions. Implications: For OpenAI: Expanded computing resources enhance operations, while maintaining their partnership with Microsoft Azure. For Tech Companies: NVIDIA, ARM, Oracle, and others secure significant long-term contracts, cementing their roles in AI infrastructure. For the Government: The project signals a strategic push to outpace China in AI, with an emphasis on domestic infrastructure. For Medical Research: Increased computational power will enable faster advancements in disease detection and vaccine development. For AI Development: The expanded infrastructure is expected to alleviate current limitations, accelerating progress in AI innovation. Video @ https://lnkd.in/gWCx3VtM
Trump and Tech Execs Announce $500 Billion AI Infrastructure Investment in U.S. | WSJ News
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DeepSeek AI is a reminder that investments in #realassets #AIinfrastructure are not insulated from technology risk, and that overbuild of data centres and associated power #infrastructure is a distinct possibility. DeepSeek also shows there are efficiency gains to be had in AI infrastructure that need to be taken seriously, before decisions are made to lock-in enormous amounts of power, not all of it clean. Read my take on Infrastructure Investor 👇 https://lnkd.in/dkrfRzNW
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Deciding whether to develop your own #GenAI technology or invest in existing solutions? Our Head of Field Engineering Justin Hayes breaks down the pros and cons of each option. Check out our blog for a build vs buy guide ➡️ https://lnkd.in/eTtqbZg2?
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Deciding whether to develop your own #GenAI technology or invest in existing solutions? Our Head of Field Engineering Justin Hayes breaks down the pros and cons of each option. Check out our blog for a build vs buy guide ➡️ https://lnkd.in/gCPnrPRS?
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Deciding whether to develop your own #GenAI technology or invest in existing solutions? Our Head of Field Engineering Justin Hayes breaks down the pros and cons of each option. Check out our blog for a build vs buy guide ➡️ https://lnkd.in/gvSUUf58?
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Struggling to keep your #IToperations running smoothly while managing increasing #workloads and rising costs? The constant need for optimization can be overwhelming without the right tools in place. At Tech Hub, an #IBM Gold Partner, we offer #Turbonomic, an AI-powered resource management platform that takes the complexity out of IT operations. With #Turbonomic, you’ll experience #automatedoptimization, #reducedcosts, and #improvedperformance—all while simplifying your infrastructure management. Discover how Turbonomic can revolutionize your #IT environment today! Learn more about our solution and how it can benefit your business: https://lnkd.in/d7yPBYiJ #Turbonomic #TechHub #ITOptimization #AI #Efficiency #ReduceCosts
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🧡 Unlocking the Future of AI with Pure Storage! 🧡 In the rapidly evolving world of Artificial Intelligence, the need for high-performance, reliable, and cost-effective storage solutions is more critical than ever. That's why I’m excited to share how Pure Storage is leading the charge in this space! 💥 Speed: When it comes to AI, speed is everything. Pure Storage’s all-flash architecture delivers the lightning-fast data access that AI workloads demand, ensuring our customers can train models and make decisions faster than ever before. 💡 Density: With our high-density storage solutions, we’re enabling organizations to store vast amounts of data in a smaller footprint. This means more data, better insights, and lower overhead—all while staying agile and scalable. 🌱 Sustainability & Savings: At Pure Storage, we believe in doing more with less. Our storage solutions are designed with efficiency in mind, helping customers not only meet their AI goals but also achieve significant cost savings. Plus, with our focus on Environmental, Social, and Governance (ESG) principles, we’re helping organizations reduce their carbon footprint and contribute to a more sustainable future. At the intersection of speed, density, and sustainability, Pure Storage is the go-to partner for any organization looking to power their AI initiatives. Let’s build the future together! #AI #DataStorage #PureStorage #Sustainability #TechInnovation NVIDIA Pure Storage 🍊 #ArtificialIntelligence Cisco
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Yesterday’s announcement of the ‘Stargate’ initiative—a significant private sector commitment to AI infrastructure—has the potential to strengthen the United States’ position in the global AI race. While the details and viability of this initiative are still under scrutiny, it underscores a broader truth: innovation must go hand in hand with responsible governance. Beyond the headlines, the real challenge lies in balancing investments in American innovation with robust safeguards to address critical issues like data privacy, bias, workforce displacement, and the misuse of AI technologies. Without these guardrails, we risk losing the trust of the very people AI is meant to serve. Public affairs and policy professionals have a pivotal role to play in shaping this landscape. Our task is twofold: to ensure companies have a voice in creating balanced policies and to help align AI innovation with societal values. Building and deepening partnerships with policymakers, advocacy groups, and think tanks will be critical to fostering a policy environment where innovation can thrive alongside public trust. Crafting compelling narratives that link AI’s potential with equity and societal progress will be essential to navigating this transformative moment. https://lnkd.in/evhAz5Fb
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