12 Days of Data Centre Christmas: March 2024
STACK Infrastructure issued US$240m in green securitised notes, as part of efforts to better empower its clients to address challenges.
This represented the fourth securitisation programme funding event for STACK within the past 12 months and eighth since 2019. It also highlighted a continued commitment by the company to do more for its clients and ensure sustainable growth.
Expanding global data centre capabilities
STACK had a record-breaking year in 2023 which saw the company continue to expand its capacity across the Americas, Asia-Pacific and EMEA regions. As a result, the company continues to be a leading data centre operator as it sets standards for cloud providers and innovators to remain flexible.
The company continually grows as it works to deliver safe and sustainable hyperscale data centres to its clients. In November 2023, it secured US$290m in debt financing to build more data centres.
STACK’s investment-grade debt and finance leadership empower the company to do more for those it serves. Currently, the company is committed to supporting the growth of developing technologies like AI and the cloud, all whilst offering sustainable solutions.
“STACK continues to demonstrate its appeal as a highly sought-after partner, leveraging investor confidence to secure capital in an evolving interest rate environment,” says Heather Paduck, Chief Financial Officer of STACK Americas.
“This successful transaction further bolsters our standing as an industry leader with a consistently proven growth strategy and emphasises our unwavering commitment to solving our clients’ capacity needs.”
NVIDIA DGX SuperPOD: The Next-Generation AI Supercomputer
Nvidia has revealed its new, next-generation AI supercomputer in March 2024. The NVIDIA DGX SuperPOD supercomputer features a highly efficient liquid-cooled rack-scale architecture.
In addition, it features the company’s superchips which includes its new Blackwell GPUs, which are expected to deliver a much faster performance for large language model (LLM) workloads.
Having announced multiple new partnerships at GTC, speaking at the time, Nvidia hoped that its innovations will help businesses and cloud providers with critical computing abilities to succeed in a rapidly changing technology landscape governed by AI.
Helping data centres reduce downtime and costs
The supercomputer is also designed to be able to process trillion-parameter models with constant uptime to scale generative AI (Gen AI) training. It is essentially a data-centre-scale AI supercomputer that can integrate successfully with high-performance storage to meet the demands of Gen AI workloads.
It features intelligent predictive management capabilities to monitor thousands of data points continuously across both hardware and software. It can identify areas of concern and make maintenance plans and adjust compute resources accordingly, scheduling hardware replacements to avoid downtime.
“Blackwell GPUs are the engine to power this new industrial revolution. Working with the most dynamic companies in the world, we will realise the promise of AI for every industry,” Nvidia CEO Jensen Huang said during his keynote address at GTC on Monday (19th March 2024).
With liquid-cooled architecture, Blackwell will be incorporated into Nvidia’s GB200 Grace Blackwell Superchip that connects two of the new B200 GPUs to a Grace GPU.
See also in March
Mobile World Congress 2024: Day One Highlights
Serverfarm: Pioneering Sustainable & Efficient Data Centres
International Data Centre Day: Prioritising Future-Proofing
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