Latest news with #InvestAI
Time of India
a day ago
- Business
- Time of India
Schneider Electric and NVIDIA join hands to power Europe's AI Future
Schneider Electric , an energy management and automation company, on Monday announced its collaboration with NVIDIA to serve the growing demand for sustainable, AI-ready infrastructure to meet the escalating demand for sustainable, AI-ready infrastructure. This strategic partnership, unveiled during NVIDIA GTC Paris, will significantly advance research and development (R&D) in power, cooling, controls, and high-density rack systems, laying the groundwork for the next generation of AI factories across Europe and beyond. According to the joint statement, the alliance is set to play a crucial role in supporting the European Union's ambitious 'InvestAI' initiative, which aims to mobilise a €200 billion investment in AI. 'Together, we've seen tremendous success in deploying next-generation power and liquid cooling solutions, purpose-built for AI data centers . This strategic partnership — bringing together the world leaders in sustainability and accelerated computing — allows us to further accelerate this momentum, pushing the boundaries of what's possible for the AI workloads of tomorrow,' said Olivier Blum, CEO of Schneider Electric This global partnership leverages Schneider Electric's extensive expertise in AI-ready infrastructure, sustainability, and grid coordination. By combining forces with NVIDIA's leadership in accelerated computing, the collaboration aims to provide the essential infrastructure needed to power the burgeoning AI ecosystem, the statement noted.
Channel Post MEA
a day ago
- Business
- Channel Post MEA
NVIDIA And Schneider Electric Partner To Develop AI Factories
Schneider Electric has announced a partnership with NVIDIA to accelerate the development and deployment of sustainable, AI-ready infrastructure, known as 'AI factories.' Both companies are advancing research and development (R&D) initiatives in cooling, power, building management, and control systems for both digital and physical AI data centers. Leveraging its expertise in AI-ready infrastructure, sustainability, and grid coordination, Schneider Electric and NVIDIA are together responding to the European Commission's 'AI Continent Action Plan,' which outlines a shared mission to set up at least 13 AI factories across Europe, while establishing up to five AI gigafactories. This unique global partnership brings together the world leaders in sustainability and accelerated computing to support the European Union's AI infrastructure ambitions and its 'InvestAI' initiative, which plans to mobilize a €200 billion investment in AI. 'Schneider Electric and NVIDIA are not just partners — our teams are driving advanced R&D, co-developing the infrastructure needed to power the next wave of AI factories globally,' said Olivier Blum, CEO of Schneider Electric. 'Together, we've seen tremendous success in deploying next-generation power and liquid cooling solutions, purpose-built for AI data centers. This strategic partnership — bringing together the world leaders in sustainability and accelerated computing — allows us to further accelerate this momentum, pushing the boundaries of what's possible for the AI workloads of tomorrow.' 'AI is the defining technology of our time—the most transformative force reshaping our world,' said Jensen Huang, founder and CEO, NVIDIA. 'Together with Schneider Electric, we are building AI factories: the essential infrastructure that brings AI to every company, industry, and society.' Schneider Electric has also unveiled a suite of AI-ready data center solutions, including new EcoStruxure™ Pod and Rack Infrastructure. Designed to accelerate AI developments globally, the Prefabricated Modular EcoStruxure Pod Data Center is a scalable, pod-based architecture, enabling rapid AI data center deployment. As part of this, a new Schneider Electric Open Compute Project (OCP) inspired rack system has also been developed to support the NVIDIA GB200 NVL72 platform that uses the NVIDIA MGX modular architecture, integrating Schneider Electric into NVIDIA HGX and MGX ecosystems for the first time. These announcements build on a series of milestones shared by the two global leaders earlier this year, including Schneider Electric and ETAP unveiling the world's first digital twin for electrical and large-scale power systems in AI factories using the NVIDIA Omniverse Blueprint. Together, Schneider Electric and NVIDIA have also co-developed a series of full electrical and liquid cooling-based reference designs as an approved CDU vendor for NVIDIA — many of which also include solutions from Motivair's liquid cooling portfolio, following its acquisition by Schneider Electric in March 2025. Through this expanded and deepened strategic partnership, Schneider Electric and NVIDIA will continue to accelerate their infrastructure initiatives, fast-tracking new product rollouts and reference designs to build the AI factories of the future.
Hamilton Spectator
11-06-2025
- Business
- Hamilton Spectator
Schneider Electric Accelerates the Development and Deployment of AI Factories at Scale With NVIDIA
Paris, France, June 11, 2025 (GLOBE NEWSWIRE) — PARIS (NVIDIA GTC), June 11, 2025 – Schneider Electric , the leader in the digital transformation of energy management and automation, today announced it is collaborating with NVIDIA to serve the growing demand for sustainable, AI-ready infrastructure. Together, Schneider Electric and NVIDIA are advancing research and development (R&D) initiatives for power, cooling, controls, and high-density rack systems to enable the next generation of AI factories across Europe and beyond. This unique global partnership, announced during NVIDIA GTC Paris, brings together the world leaders in sustainability and accelerated computing to support the European Union's AI infrastructure ambitions and its ' InvestAI ' initiative, which plans to mobilize a €200 billion investment in AI. Leveraging its expertise in AI-ready infrastructure, sustainability, and grid coordination, Schneider Electric and NVIDIA are together responding to the European Commission's ' AI Continent Action Plan ,' which outlines a shared mission to set up at least 13 AI factories across Europe, while establishing up to five AI gigafactories. 'Schneider Electric and NVIDIA are not just partners — our teams are driving advanced R&D, co-developing the infrastructure needed to power the next wave of AI factories globally,' said Olivier Blum, CEO of Schneider Electric. 'Together, we've seen tremendous success in deploying next-generation power and liquid cooling solutions, purpose-built for AI data centers. This strategic partnership — bringing together the world leaders in sustainability and accelerated computing — allows us to further accelerate this momentum, pushing the boundaries of what's possible for the AI workloads of tomorrow.' 'AI is the defining technology of our time—the most transformative force reshaping our world,' said Jensen Huang, founder and CEO, NVIDIA. 'Together with Schneider Electric, we are building AI factories: the essential infrastructure that brings AI to every company, industry, and society.' New NVIDIA-Enabled Infrastructure Solutions In support of today's announcement, Schneider Electric has also unveiled a suite of AI-ready data center solutions , including new EcoStruxure™ Pod and Rack Infrastructure. Designed to accelerate AI developments globally, the Prefabricated Modular EcoStruxure Pod Data Center is a scalable, pod-based architecture, enabling rapid AI data center deployment. As part of this, a new Schneider Electric Open Compute Project (OCP) inspired rack system has also been developed to support the NVIDIA GB200 NVL72 platform that uses the NVIDIA MGX modular architecture , integrating Schneider Electric into NVIDIA HGX and MGX ecosystems for the first time. These announcements build on a series of milestones shared by the two global leaders earlier this year, including Schneider Electric and ETAP unveiling the world's first digital twin for electrical and large-scale power systems in AI factories using the NVIDIA Omniverse Blueprint. Together, Schneider Electric and NVIDIA have also co-developed a series of full electrical and liquid cooling-based reference designs as an approved CDU vendor for NVIDIA — many of which also include solutions from Motivair's liquid cooling portfolio, following its acquisition by Schneider Electric in March 2025. Through this expanded and deepened strategic partnership, Schneider Electric and NVIDIA will continue to accelerate their infrastructure initiatives, fast-tracking new product rollouts and reference designs to build the AI factories of the future. ==Ends== Related resources: About Schneider Electric Schneider's purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability for all. At Schneider, we call this Life Is On. Our mission is to be the trusted partner in Sustainability and Efficiency. We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitalization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers. We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. Hashtags: #PressRelease #AI #AIFactory #DataCenters #NVIDIAPartnership #NVIDIAGTCParis Contact Schneider Electric Media Relations – Attachments
Associated Press
11-06-2025
- Business
- Associated Press
Schneider Electric Accelerates the Development and Deployment of AI Factories at Scale With NVIDIA
Paris, France, June 11, 2025 (GLOBE NEWSWIRE) -- PARIS (NVIDIA GTC), June 11, 2025 – Schneider Electric, the leader in the digital transformation of energy management and automation, today announced it is collaborating with NVIDIA to serve the growing demand for sustainable, AI-ready infrastructure. Together, Schneider Electric and NVIDIA are advancing research and development (R&D) initiatives for power, cooling, controls, and high-density rack systems to enable the next generation of AI factories across Europe and beyond. This unique global partnership, announced during NVIDIA GTC Paris, brings together the world leaders in sustainability and accelerated computing to support the European Union's AI infrastructure ambitions and its ' InvestAI ' initiative, which plans to mobilize a €200 billion investment in AI. Leveraging its expertise in AI-ready infrastructure, sustainability, and grid coordination, Schneider Electric and NVIDIA are together responding to the European Commission's ' AI Continent Action Plan,' which outlines a shared mission to set up at least 13 AI factories across Europe, while establishing up to five AI gigafactories. 'Schneider Electric and NVIDIA are not just partners — our teams are driving advanced R&D, co-developing the infrastructure needed to power the next wave of AI factories globally,' said Olivier Blum, CEO of Schneider Electric. 'Together, we've seen tremendous success in deploying next-generation power and liquid cooling solutions, purpose-built for AI data centers. This strategic partnership — bringing together the world leaders in sustainability and accelerated computing — allows us to further accelerate this momentum, pushing the boundaries of what's possible for the AI workloads of tomorrow.' 'AI is the defining technology of our time—the most transformative force reshaping our world,' said Jensen Huang, founder and CEO, NVIDIA. 'Together with Schneider Electric, we are building AI factories: the essential infrastructure that brings AI to every company, industry, and society.' New NVIDIA-Enabled Infrastructure Solutions In support of today's announcement, Schneider Electric has also unveiled a suite of AI-ready data center solutions, including new EcoStruxure™ Pod and Rack Infrastructure. Designed to accelerate AI developments globally, the Prefabricated Modular EcoStruxure Pod Data Center is a scalable, pod-based architecture, enabling rapid AI data center deployment. As part of this, a new Schneider Electric Open Compute Project (OCP) inspired rack system has also been developed to support the NVIDIAGB200 NVL72 platform that uses the NVIDIA MGX modular architecture, integrating Schneider Electric into NVIDIAHGX and MGX ecosystems for the first time. These announcements build on a series of milestones shared by the two global leaders earlier this year, including Schneider Electric and ETAP unveiling the world's first digital twin for electrical and large-scale power systems in AI factories using the NVIDIA Omniverse Blueprint. Together, Schneider Electric and NVIDIA have also co-developed a series of full electrical and liquid cooling-based reference designs as an approved CDU vendor for NVIDIA — many of which also include solutions from Motivair's liquid cooling portfolio, following its acquisition by Schneider Electric in March 2025. Through this expanded and deepened strategic partnership, Schneider Electric and NVIDIA will continue to accelerate their infrastructure initiatives, fast-tracking new product rollouts and reference designs to build the AI factories of the future. ==Ends== Related resources: About Schneider Electric Schneider's purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability for all. At Schneider, we call this Life Is On. Our mission is to be the trusted partner in Sustainability and Efficiency. We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitalization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers. We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. Hashtags: #PressRelease #AI #AIFactory #DataCenters #NVIDIAPartnership #NVIDIAGTCParis Contact Schneider Electric Media Relations – [email protected] Attachments Global PR Central Team
CNBC
10-06-2025
- Business
- CNBC
AI trade to get some positive newsflow over the next 7-10 days, says Bank of America
The stars may be aligning for a move higher in artificial intelligence-related stocks. Bank of America highlighted four events over the next seven-to-10 days that could serve as catalysts for the group. These are: Nvidia 's GTC confercence in Paris (Tuesday-Thursday) AMD 's "Advancing AI 2025" event on Thursday Marvell Technology 's June 17 webinar "on future of custom silicon" Bank of America's "Techtalks expert call on the evolving AI Networking landscape" Analyst Vivek Arya expects Nvidia to discuss "commitments for multi-year AI factory projects" at its Paris tradeshow. "Recall earlier this year the European Union (EU) launched its Invest AI initiative to mobilize €200bn in AI investments over the next decade," he said. At AMD's event, he sees the company laying out specifics for its AI roadmap, while Marvell could raise expectations for its total addressable market during its webinar next week. "We remain bullish on demand trends at data center/AI levered NVDA, AVGO , AMD and MRVL and associated optical, connectivity, foundry, EDA/IP and memory peers," he said. Arya has a buy rating on all four stocks — which have seen blistering gains this quarter. Nvidia and Broadcom are up 32% and 46%, respectively, since the end of March. AMD has climbed 18%, while Marvell is ahead 12%. Those gains have so far helped lift the S & P 500 by 7% in the second quarter, putting it less than 2.5% below its record high set in February. If these events boost the AI trade further, the broad market index could regain its all-time high of 6,147.43. Elsewhere Tuesday morning on Wall Street, Redburn Atlantic lowered its rating on McDonald's to sell from buy, marking the third downgrade for the stock in less than a week. "Weight-loss drugs are reshaping restaurant demand – not only by suppressing appetite, but also through behavioural spillovers. Lower-income users cut fast-food spending by 14%, double that of higher-income users, with the sharpest declines at lunch and dinner," analyst Chris Luyckx wrote.
