Latest news with #RajitNanda
Euronews
6 days ago
- Business
- Euronews
Uzbekistan is leading efforts to reduce emissions in data centers
At the Tashkent International Investment Forum 2025 (TIFF 2025), green tech and AI-ready infrastructure dominated the conversation, and few projects generated as much buzz as Data Volt's push to build the region's first fully sustainable, high-density data centers. 'We're bringing in the latest technology, especially in cooling', said Rajit Nanda, CEO of Data Volt, outlining how the company is rethinking the fundamentals of digital infrastructure. 'These facilities aren't just built for today – they're built for where AI is heading'. Data Volt's model is deceptively simple: use solar by day, wind by night, and store the rest in powerful battery systems that keep operations running around the clock. What makes it revolutionary is the scale, and the context. 'If we don't start building sustainable data centers now, the industry's carbon footprint could rival that of aviation within a decade', warned Nanda. Data Volt isn't waiting. It has already launched a pilot project worth €185 million in Tashkent's IT Park. Larger facilities are in the pipeline, including a new site in the ancient city of Bukhara expected to attract €2.8 billion, and a third project in New Tashkent, a futuristic smart city being built from the ground up. Altogether, the company plans to invest over €4.6 billion in Uzbekistan over the next five years. What sets Data Volt apart is not just its green credentials, it's how the company is preparing for the next wave of AI. Traditional data centers in the region operate at roughly 10 kilowatts per rack. Data Volt's current designs push that to 100 kilowatts, and upcoming projects aim to reach densities of 1,000 kilowatts per rack – capable of supporting the heaviest AI workloads. 'The world is running out of computer power,' said Nanda. 'As AI becomes part of everyday life, we want to make sure people don't experience buffering or lag like we did in the early days of the internet'. Uzbekistan's digital transformation keeps on surprising many investors. With an action plan full of reforms, a young and tech-savvy population, and increasing openness to foreign investment, the country is fast becoming a testbed for innovation. 'Uzbekistan is transforming', Nanda admitted. 'The local talent pool, especially in energy and digital, makes it a natural candidate to lead the region's digital revolution'. And while the projects are rooted in Central Asia, the vision is global. Data Volt's infrastructure is being designed to serve the world's growing appetite for real-time AI, green computers, and scalable, sustainable tech solutions. The digital future is coming faster than expected. The challenge is building the infrastructure to support it without breaking the planet. At TIIF 2025, one thing was clear: that work has already begun.
Yahoo
28-05-2025
- Business
- Yahoo
Recogni and DataVolt Partner to Deliver the World's Most Energy-Efficient AI Cloud Infrastructure
SAN JOSE, Calif. and RIYADH, Saudi Arabia, May 28, 2025 /PRNewswire/ -- Recogni Inc., the Generative AI Inference systems company, and DataVolt, the sustainable AI-cloud innovator, are teaming up to build the most energy-efficient AI cloud on the planet. Recogni and DataVolt share a commitment to delivering high-performance, energy-efficient AI cloud solutions at scale. This partnership presents a unique opportunity to drive innovation in next-generation AI cloud compute, while advancing environmentally sustainable infrastructure. Recogni's inference system leverages AI logarithmic math on purpose-built silicon and networking to set new standards in energy efficiency and performance, making it an ideal fit for DataVolt's cost/environmentally friendly energy-optimized AI infrastructure. Why it matters At the U.S.–Saudi Investment Forum, DataVolt signed a $20 billion agreement, marking a significant milestone in the company's commitment to advancing AI and data center infrastructure. As part of the heterogeneous compute strategy, DataVolt is partnering with Recogni to integrate Recogni's low-power inference systems to power its next-generation AI data centers. This collaboration aims to support deploying some of the world's densest and most energy-efficient AI compute clusters, reinforcing strategic technology ties between the two nations. Deal details Early Access Partner: DataVolt has agreed to purchase Recogni's inference systems for evaluation prior to production. Peak Efficiency: Recogni's purpose-built silicon pairs log-math acceleration with low power silicon to eliminate energy bottlenecks and deliver the lowest $/FLOP compute available. Cloud Scale: Leveraging DataVolt's low cost of energy and global reach, the partnership is poised to deliver a disruptive new multi-model inference service with no trade-off between power and performance. Bigger picture This partnership unites U.S. silicon innovation with Saudi green-energy scale, advancing shared goals of energy security, digital-economy growth, and sustainable AI infrastructure. "With DataVolt we will provide fast and accurate AI that is also economical and energy efficient. This partnership will supercharge AI adoption worldwide," said Marc Bolitho, CEO of Recogni. "Democratizing access for the Global South to compute and offering the lowest all-in cost of compute have been DataVolt's founding philosophy and guiding vision. I am excited about this partnership with Recogni which will give us a decisive edge in performance-per-watt which will make all the difference in democratizing AI," added Rajit Nanda, CEO of DataVolt. About RecogniWith a global footprint in North America and Europe, Recogni is building the most compute-dense and energy-efficient Generative AI inference systems to accelerate the world's AI ambitions. Recogni is joined to achieve its mission through backing from GreatPoint Ventures, Celesta Capital, Mayfield, and DNS Capital. For more information, visit About DataVoltDataVolt is an operator of data centers, integrating dedicated high-availability multi-technology renewable energy infrastructure solutions and green fuels, with a strong focus on innovation, sustainability, and scalability. Headquartered in Saudi Arabia, with offices currently in the USA, Uzbekistan, India, and the UAE, and presence in South Korea and South Africa. DataVolt has strong global ambitions spanning across the Middle East, Africa, and Asia. DataVolt's core focus is servicing the needs of hyperscalers, large enterprises, and government institutions. For more information, visit View original content to download multimedia: SOURCE Recogni Inc. Sign in to access your portfolio
Yahoo
19-05-2025
- Business
- Yahoo
Chemours and DataVolt Announce Agreement to Accelerate Adoption of Liquid Cooling Solutions & Support Broader Innovation for Future-Ready AI Data Centers
Collaboration to Focus on Increasing Data Center Efficiency & Sustainability WILMINGTON, Del., May 19, 2025--(BUSINESS WIRE)--The Chemours Company (Chemours) (NYSE: CC), a global chemistry company, announced a strategic agreement with DataVolt, a designer, developer, and operator of sustainable digital infrastructure, to further demonstrate and develop advanced liquid cooling solutions for data centers alongside other industry leaders. This collaboration will focus on increasing data center efficiency and sustainability through two-phase direct-to-chip, two-phase immersion cooling, and other innovative solutions. The companies will work to enhance infrastructure readiness and address the increasing demands of artificial intelligence (AI) and next-generation chips. "Our collaboration with DataVolt represents another significant step in our liquid cooling roadmap," said Denise Dignam, Chemours President and CEO. "Combining our thermal management expertise with DataVolt's knowledge designing and operating sustainable data centers, we can help accelerate the adoption of liquid cooling and other innovative technologies, minimizing data center total cost of ownership and environmental footprint, while maximizing performance and efficiency. We are excited to work alongside industry leaders to achieve these goals and drive forward sustainable data center innovation." The agreement includes the development of liquid cooling and other data center solutions using Chemours' portfolio of ultra-low global warming potential Opteon™ dielectric fluids. This is the latest announcement from Chemours Liquid Cooling portfolio, which aims to provide a comprehensive portfolio of data center cooling solutions to support AI and advanced digital infrastructure. "We are excited to announce this agreement with Chemours to develop state-of-the-art solutions—including liquid cooling technologies–for our future-ready AI data centers," said Rajit Nanda, DataVolt CEO. "This collaboration underscores our commitment to be at the forefront of innovation as we serve the world's insatiable need for eco-friendly, high-performance and mission critical AI factories that can support ever increasing compute densities while also being rapidly deployable, sustainable and cost effective. By integrating Chemours' advanced liquid cooling solutions and engaging partners from across the industry, we aim to enhance the efficiency and scalability of our data centers, ensuring they meet the rapidly evolving demands of next-generation AI applications." As data center demands continue to rise, liquid cooling technology—such as Chemours' Opteon™ two-phase immersion cooling fluid— offers significant benefits, including up to 90% cooling energy reduction, up to 40% reduction in total cost of ownership, nearly eliminating water use, and enabling increased computing capacity and density per square foot without compromising performance. Additionally, Chemours liquid cooling solutions support circularity—enabling heat and some fluids to be recovered and reused to drive further efficiency and sustainability benefits. For more information, visit About The Chemours CompanyThe Chemours Company (NYSE: CC) is a global leader in providing industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and advanced electronics, general industrial, and oil and gas. Through our three businesses –Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials – we deliver application expertise and chemistry-based innovations that solve customers' biggest challenges. Our flagship products are sold under prominent brands such as Opteon™, Freon™, Ti-Pure™, Nafion™, Teflon™, Viton™, and Krytox™. Headquartered in Wilmington, Delaware and listed on the NYSE under the symbol CC, Chemours has approximately 6,000 employees and 28 manufacturing sites and serves approximately 2,500 customers in approximately 110 countries. For more information, visit or follow us on LinkedIn. About DataVoltDataVolt is designer, developer, and operator of sustainable digital infrastructure, integrating dedicated high-availability multi-technology renewable energy infrastructure solutions and green fuels, with a strong focus on innovation, sustainability, and scalability. Headquartered in Saudi Arabia, with offices currently in the USA, Uzbekistan, India, and the UAE, and presence in South Korea and South Africa. DataVolt has strong global ambitions spanning across the Middle East, Africa, and Asia. DataVolt's core focus is servicing the needs of hyperscalers, large enterprises, and government institutions. Forward-Looking Statements This press release contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which involve risks and uncertainties. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to a historical or current fact. The words "believe," "expect," "will," "anticipate," "plan," "estimate," "target," "project" and similar expressions, among others, generally identify "forward-looking statements," which speak only as of the date such statements were made. These forward-looking statements may address, among other things, new product development and expected contributions to advancing the data center energy efficiency, improving sustainability, circularity, decreasing environmental footprint, plans to continue investment in research and development, all of which are subject to substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These statements are not guarantees of future performance. Forward-looking statements also involve risks and uncertainties that are beyond Chemours' control. Matters outside our control, including general economic conditions, geopolitical conditions and global health events, and changes in environmental regulations in the U.S. or other jurisdictions that affect demand for or adoption of our products, have affected or may affect our business and operations and may or may continue to hinder our ability to provide goods and services to customers, cause disruptions in our supply chains such as through strikes, labor disruptions or other events, adversely affect our business partners, significantly reduce the demand for our products, adversely affect the health and welfare of our personnel or cause other unpredictable events. Additionally, there may be other risks and uncertainties that Chemours is unable to identify at this time or that Chemours does not currently expect to have a material impact on its business. Factors that could cause or contribute to these differences include the risks, uncertainties and other factors discussed in our filings with the U.S. Securities and Exchange Commission, including in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, and in our Annual Report on Form 10-K for the year ended December 31, 2024. Chemours assumes no obligation to revise or update any forward-looking statement for any reason, except as required by law. View source version on Contacts INVESTORS Brandon Ontjes Vice President, Head of Strategy & Investor Relations +1.302.773.3300 investor@ NEWS MEDIA Cassie Olszewski Media Relations & Reputation Leader +1.302.219.7140 media@
Business Wire
19-05-2025
- Business
- Business Wire
Chemours and DataVolt Announce Agreement to Accelerate Adoption of Liquid Cooling Solutions & Support Broader Innovation for Future-Ready AI Data Centers
WILMINGTON, Del.--(BUSINESS WIRE)--The Chemours Company (Chemours) (NYSE: CC), a global chemistry company, announced a strategic agreement with DataVolt, a designer, developer, and operator of sustainable digital infrastructure, to further demonstrate and develop advanced liquid cooling solutions for data centers alongside other industry leaders. This collaboration will focus on increasing data center efficiency and sustainability through two-phase direct-to-chip, two-phase immersion cooling, and other innovative solutions. The companies will work to enhance infrastructure readiness and address the increasing demands of artificial intelligence (AI) and next-generation chips. "Our collaboration with DataVolt represents another significant step in our liquid cooling roadmap," said Denise Dignam, Chemours President and CEO. "Combining our thermal management expertise with DataVolt's knowledge designing and operating sustainable data centers, we can help accelerate the adoption of liquid cooling and other innovative technologies, minimizing data center total cost of ownership and environmental footprint, while maximizing performance and efficiency. We are excited to work alongside industry leaders to achieve these goals and drive forward sustainable data center innovation.' The agreement includes the development of liquid cooling and other data center solutions using Chemours' portfolio of ultra-low global warming potential Opteon™ dielectric fluids. This is the latest announcement from Chemours Liquid Cooling portfolio, which aims to provide a comprehensive portfolio of data center cooling solutions to support AI and advanced digital infrastructure. "We are excited to announce this agreement with Chemours to develop state-of-the-art solutions—including liquid cooling technologies–for our future-ready AI data centers,' said Rajit Nanda, DataVolt CEO. 'This collaboration underscores our commitment to be at the forefront of innovation as we serve the world's insatiable need for eco-friendly, high-performance and mission critical AI factories that can support ever increasing compute densities while also being rapidly deployable, sustainable and cost effective. By integrating Chemours' advanced liquid cooling solutions and engaging partners from across the industry, we aim to enhance the efficiency and scalability of our data centers, ensuring they meet the rapidly evolving demands of next-generation AI applications." As data center demands continue to rise, liquid cooling technology—such as Chemours' Opteon™ two-phase immersion cooling fluid — offers significant benefits, including up to 90% cooling energy reduction, up to 40% reduction in total cost of ownership, nearly eliminating water use, and enabling increased computing capacity and density per square foot without compromising performance. Additionally, Chemours liquid cooling solutions support circularity—enabling heat and some fluids to be recovered and reused to drive further efficiency and sustainability benefits. For more information, visit About The Chemours Company The Chemours Company (NYSE: CC) is a global leader in providing industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and advanced electronics, general industrial, and oil and gas. Through our three businesses –Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials – we deliver application expertise and chemistry-based innovations that solve customers' biggest challenges. Our flagship products are sold under prominent brands such as Opteon™, Freon™, Ti-Pure™, Nafion™, Teflon™, Viton™, and Krytox™. Headquartered in Wilmington, Delaware and listed on the NYSE under the symbol CC, Chemours has approximately 6,000 employees and 28 manufacturing sites and serves approximately 2,500 customers in approximately 110 countries. For more information, visit or follow us on LinkedIn. About DataVolt DataVolt is designer, developer, and operator of sustainable digital infrastructure, integrating dedicated high-availability multi-technology renewable energy infrastructure solutions and green fuels, with a strong focus on innovation, sustainability, and scalability. Headquartered in Saudi Arabia, with offices currently in the USA, Uzbekistan, India, and the UAE, and presence in South Korea and South Africa. DataVolt has strong global ambitions spanning across the Middle East, Africa, and Asia. DataVolt's core focus is servicing the needs of hyperscalers, large enterprises, and government institutions. Forward-Looking Statements This press release contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which involve risks and uncertainties. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to a historical or current fact. The words "believe," "expect," "will," "anticipate," "plan," "estimate," "target," "project" and similar expressions, among others, generally identify "forward-looking statements," which speak only as of the date such statements were made. These forward-looking statements may address, among other things, new product development and expected contributions to advancing the data center energy efficiency, improving sustainability, circularity, decreasing environmental footprint, plans to continue investment in research and development, all of which are subject to substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These statements are not guarantees of future performance. Forward-looking statements also involve risks and uncertainties that are beyond Chemours' control. Matters outside our control, including general economic conditions, geopolitical conditions and global health events, and changes in environmental regulations in the U.S. or other jurisdictions that affect demand for or adoption of our products, have affected or may affect our business and operations and may or may continue to hinder our ability to provide goods and services to customers, cause disruptions in our supply chains such as through strikes, labor disruptions or other events, adversely affect our business partners, significantly reduce the demand for our products, adversely affect the health and welfare of our personnel or cause other unpredictable events. Additionally, there may be other risks and uncertainties that Chemours is unable to identify at this time or that Chemours does not currently expect to have a material impact on its business. Factors that could cause or contribute to these differences include the risks, uncertainties and other factors discussed in our filings with the U.S. Securities and Exchange Commission, including in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, and in our Annual Report on Form 10-K for the year ended December 31, 2024. Chemours assumes no obligation to revise or update any forward-looking statement for any reason, except as required by law.
Yahoo
19-05-2025
- Business
- Yahoo
Chemours and DataVolt Announce Agreement to Accelerate Adoption of Liquid Cooling Solutions & Support Broader Innovation for Future-Ready AI Data Centers
Collaboration to Focus on Increasing Data Center Efficiency & Sustainability WILMINGTON, Del., May 19, 2025--(BUSINESS WIRE)--The Chemours Company (Chemours) (NYSE: CC), a global chemistry company, announced a strategic agreement with DataVolt, a designer, developer, and operator of sustainable digital infrastructure, to further demonstrate and develop advanced liquid cooling solutions for data centers alongside other industry leaders. This collaboration will focus on increasing data center efficiency and sustainability through two-phase direct-to-chip, two-phase immersion cooling, and other innovative solutions. The companies will work to enhance infrastructure readiness and address the increasing demands of artificial intelligence (AI) and next-generation chips. "Our collaboration with DataVolt represents another significant step in our liquid cooling roadmap," said Denise Dignam, Chemours President and CEO. "Combining our thermal management expertise with DataVolt's knowledge designing and operating sustainable data centers, we can help accelerate the adoption of liquid cooling and other innovative technologies, minimizing data center total cost of ownership and environmental footprint, while maximizing performance and efficiency. We are excited to work alongside industry leaders to achieve these goals and drive forward sustainable data center innovation." The agreement includes the development of liquid cooling and other data center solutions using Chemours' portfolio of ultra-low global warming potential Opteon™ dielectric fluids. This is the latest announcement from Chemours Liquid Cooling portfolio, which aims to provide a comprehensive portfolio of data center cooling solutions to support AI and advanced digital infrastructure. "We are excited to announce this agreement with Chemours to develop state-of-the-art solutions—including liquid cooling technologies–for our future-ready AI data centers," said Rajit Nanda, DataVolt CEO. "This collaboration underscores our commitment to be at the forefront of innovation as we serve the world's insatiable need for eco-friendly, high-performance and mission critical AI factories that can support ever increasing compute densities while also being rapidly deployable, sustainable and cost effective. By integrating Chemours' advanced liquid cooling solutions and engaging partners from across the industry, we aim to enhance the efficiency and scalability of our data centers, ensuring they meet the rapidly evolving demands of next-generation AI applications." As data center demands continue to rise, liquid cooling technology—such as Chemours' Opteon™ two-phase immersion cooling fluid— offers significant benefits, including up to 90% cooling energy reduction, up to 40% reduction in total cost of ownership, nearly eliminating water use, and enabling increased computing capacity and density per square foot without compromising performance. Additionally, Chemours liquid cooling solutions support circularity—enabling heat and some fluids to be recovered and reused to drive further efficiency and sustainability benefits. For more information, visit About The Chemours CompanyThe Chemours Company (NYSE: CC) is a global leader in providing industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and advanced electronics, general industrial, and oil and gas. Through our three businesses –Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials – we deliver application expertise and chemistry-based innovations that solve customers' biggest challenges. Our flagship products are sold under prominent brands such as Opteon™, Freon™, Ti-Pure™, Nafion™, Teflon™, Viton™, and Krytox™. Headquartered in Wilmington, Delaware and listed on the NYSE under the symbol CC, Chemours has approximately 6,000 employees and 28 manufacturing sites and serves approximately 2,500 customers in approximately 110 countries. For more information, visit or follow us on LinkedIn. About DataVoltDataVolt is designer, developer, and operator of sustainable digital infrastructure, integrating dedicated high-availability multi-technology renewable energy infrastructure solutions and green fuels, with a strong focus on innovation, sustainability, and scalability. Headquartered in Saudi Arabia, with offices currently in the USA, Uzbekistan, India, and the UAE, and presence in South Korea and South Africa. DataVolt has strong global ambitions spanning across the Middle East, Africa, and Asia. DataVolt's core focus is servicing the needs of hyperscalers, large enterprises, and government institutions. Forward-Looking Statements This press release contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which involve risks and uncertainties. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to a historical or current fact. The words "believe," "expect," "will," "anticipate," "plan," "estimate," "target," "project" and similar expressions, among others, generally identify "forward-looking statements," which speak only as of the date such statements were made. These forward-looking statements may address, among other things, new product development and expected contributions to advancing the data center energy efficiency, improving sustainability, circularity, decreasing environmental footprint, plans to continue investment in research and development, all of which are subject to substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These statements are not guarantees of future performance. Forward-looking statements also involve risks and uncertainties that are beyond Chemours' control. Matters outside our control, including general economic conditions, geopolitical conditions and global health events, and changes in environmental regulations in the U.S. or other jurisdictions that affect demand for or adoption of our products, have affected or may affect our business and operations and may or may continue to hinder our ability to provide goods and services to customers, cause disruptions in our supply chains such as through strikes, labor disruptions or other events, adversely affect our business partners, significantly reduce the demand for our products, adversely affect the health and welfare of our personnel or cause other unpredictable events. Additionally, there may be other risks and uncertainties that Chemours is unable to identify at this time or that Chemours does not currently expect to have a material impact on its business. Factors that could cause or contribute to these differences include the risks, uncertainties and other factors discussed in our filings with the U.S. Securities and Exchange Commission, including in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, and in our Annual Report on Form 10-K for the year ended December 31, 2024. Chemours assumes no obligation to revise or update any forward-looking statement for any reason, except as required by law. View source version on Contacts INVESTORS Brandon Ontjes Vice President, Head of Strategy & Investor Relations +1.302.773.3300 investor@ NEWS MEDIA Cassie Olszewski Media Relations & Reputation Leader +1.302.219.7140 media@ Error 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
