Latest news with #GPUaaS
Yahoo
3 days ago
- Business
- Yahoo
AI Chips Today - Revolutionizing AI Infrastructure: VAST and SK Telecom Partnership
VAST Data has partnered with SK Telecom to enhance South Korea's AI infrastructure using NVIDIA Blackwell supercomputers. This collaboration aims to create a virtualized GPU-as-a-Service environment, significantly reducing the time required to set up AI workloads from weeks to minutes, without compromising performance. By integrating VAST's AI Operating System with SK Telecom's Petasus AI Cloud, the infrastructure supports rapid AI model development and deployment entirely within South Korea's borders. This initiative emphasizes sovereign AI solutions that maintain compliance, control, and efficiency, addressing the escalating demands of government, research, and enterprise AI applications. last closed at $182.02 up 0.2%, not far from its 52-week high. Elsewhere in the market, was a standout up 8.2% and finishing the session at ¥17,390. Meanwhile, trailed, down 3.1% to finish the session at $117.33. Credo reached a settlement ending patent disputes with Amphenol, just one day ago. Capitalize on NVIDIA's AI and autonomous vehicle advancements driving imminent market growth. Click here to explore NVIDIA's growth narrative. Don't miss our Market Insights article "AI's Decade of Disruption," analyzing the profound influence of AI chips on global productivity and economic shifts—time to strategize your portfolio today! Best AI Chip Stocks closed at $158.09 up 1%. closed at €642.90 up 0.4%. settled at $180.95 down 1.9%, close to the 52-week high. Make It Happen Take a closer look at our AI Chip Stocks list of 57 companies, such as Advanced Micro-Fabrication Equipment China, NAURA Technology Group and MediaTek, by clicking here. Ready For A Different Approach? The end of cancer? These 26 emerging AI stocks are developing tech that will allow early idenification of life changing disesaes like cancer and Alzheimer's. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sources: Simply Wall St "VAST Data Collaborates with SK Telecom to Optimize Korea's Largest AI Infrastructure based on NVIDIA Supercomputers" from VAST Data on GlobeNewswire (published 14 August 2025) Companies discussed in this article include TSE:6920 NasdaqGS:QCOM ENXTAM:ASML NasdaqGS:NVDA NasdaqGS:AMD and NasdaqGS:CRDO. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Zawya
13-07-2025
- Business
- Zawya
Zain KSA and Cisco to collaborate on the development of advanced AI infrastructure
Zain KSA, a leading provider of telecommunications and digital services in Saudi Arabia, has signed a Memorandum of Understanding (MoU) with Cisco, the global leader in networking and security, focusing on the development of cutting-edge AI infrastructure and GPU-as-a-Service (GPUaaS). The agreement aims to leverage Cisco's advanced, end-to-end infrastructure solutions for securely building and scaling AI workloads, supporting Zain KSA in delivering high-performance, resilient, and reliable GPU-powered services to the Saudi market. The MOU is part of Zain KSA's strategy to actively align with Saudi Arabia's Vision 2030 goals by driving digital transformation and positioning the Kingdom as a global digital innovation hub, particularly in the AI space. As part of the collaboration, Zain KSA will leverage its deep market knowledge, cutting-edge digital capabilities, and targeted investments alongside Cisco's global expertise in AI-ready infrastructure development. The initiative aims to create new solutions and commercial models to enable customers across various sectors to confidently and easily adopt AI solutions. The MoU also includes exploring opportunities for training programs to upskill local talent, in line with Zain KSA's commitment to ICT skills development to support long-term national AI capabilities. Zain KSA, VP of B2B Sales, Fahad Sahmi Al Sahmah, said: 'At Zain KSA, we are mobilizing all our capabilities and investments to drive nationwide digital innovation, positioning the Kingdom as a global hub, a digital economy powered by future-looking GenAI solutions and applications. These efforts aim to empower all stakeholders, including government entities, businesses, and individuals, to harness the boundless potential of AI in support of national goals. This strategic collaboration with Cisco, positions us well to explore, develop, and innovate use cases, as we continue building a resilient, integrated and agile digital ecosystem that can embrace next-gen technologies and deploy them in the Kingdom.' Zayan Sadek, Managing Director for Service Providers at Cisco Middle East, Türkiye and Africa said: 'Cisco is excited to collaborate with Zain KSA to pave the way for a transformative AI-powered future in Saudi Arabia. By combining Zain KSA's digital expertise with Cisco's cutting-edge AI infrastructure technologies, we aim to unlock new possibilities to empower businesses to thrive in the AI era and position Saudi Arabia as a global hub for advanced technologies.'
Globe and Mail
02-07-2025
- Business
- Globe and Mail
Coupang Unveils Rebranding of AI Cloud Computing Service
Coupang, Inc. (NYSE: CPNG) today announced the rebranding of its AI cloud computing service as Coupang Intelligent Cloud (CIC). CIC represents the evolution of Coupang's AI infrastructure. Over the years, Coupang has extensively utilized its AI computing infrastructure to enhance its services and operations and also provides GPU-as-a-Service (GPUaaS), including to external parties. CIC's data centers, located in Seoul, South Korea and the greater metropolitan area, are equipped with cutting-edge infrastructure. These facilities feature high-capacity power systems, advanced cooling technologies, redundant power architecture, multi-network support, and robust physical security—helping to ensure stable operations. About Coupang Coupang is a technology and Fortune 150 company listed on the New York Stock Exchange (NYSE: CPNG) that provides retail, restaurant delivery, video streaming, and fintech services to customers around the world under brands that include Coupang, Coupang Eats, Coupang Play, Farfetch, and Rocket Now. View source version on
Korea Herald
30-06-2025
- Business
- Korea Herald
Coupang's GPU bid signals new ambition
Coupang has made a surprise entry into a government-led bid to secure and operate high-performance graphics processing units, signaling potential ambitions beyond its current e-commerce focus. The e-commerce giant is among four companies — including Naver Cloud, Kakao Enterprise and NHN Cloud — that have submitted bids for the Ministry of Science and ICT's 1.46 trillion won ($1.07 billion) GPU infrastructure support project, according to industry sources Monday. Under the initiative, the government plans to purchase 10,000 high-performance GPUs through its first supplementary budget and provide GPU services to companies and researchers over five years. The final operator will be selected next month. While Coupang declined to comment on its participation, sources view the move as a strategic attempt to gain operational experience in GPU-as-a-service, potentially laying the groundwork for a future pivot into the cloud services market. "This marks Coupang's first known foray into a government tech infrastructure project of this scale,' said an industry source who requested anonymity. 'Although it has not publicly operated GPUaaS, its internal services like Coupang Play and Coupang Eats have long leveraged GPU resources, possibly helping it meet the eligibility requirements.' 'Coupang, emerging as a dark horse in the recent GPU acquisition initiative, may be strategically aiming to solidify its identity as a competitive cloud service provider through this move. … Otherwise, it's difficult to justify the company's participation in the project, especially considering the massive costs associated with data center space rentals,' the source added. The unexpected bid has drawn considerable attention, with speculation mounting that Coupang aims to evolve into a cloud service provider, much like Amazon's trajectory from e-commerce to dominance in Amazon Web Services. Industry watchers have observed that Coupang is stepping up its infrastructure push. The company is reportedly working with Singapore-based Empyrion DC to lease space at the KR1 data center in Seoul's Yangjae area, while accelerating talent acquisition in cloud and GPU operations. 'Coupang has consistently benchmarked Amazon's business model,' said a source familiar with the matter. 'It now appears to be eyeing the next frontier -- emulating AWS.' Despite the ambitions, skepticism remains. Unlike its competitors, Coupang lacks a track record of large-scale GPU service deployment. Naver Cloud, Kakao Enterprise and NHN Cloud already operate substantial GPU clusters and have established GPUaaS platforms. This could put Coupang at a disadvantage when it comes to technical evaluations. 'Coupang is not disqualified by regulation,' the anonymous source said. 'But its limited hands-on experience with GPU infrastructure could be a critical shortfall.' Stability remains a priority for the government's GPU project, the official added: 'The ability to quickly recover from system failures is key, and Coupang's capabilities in this area have yet to be publicly proven.' Industry observers are now watching to see whether Coupang can leverage this opportunity to transform into a next-generation cloud provider and challenge South Korea's established cloud service players. 'Coupang has been heavily investing in infrastructure talent,' another anonymous industry source said. 'If it can gain practical experience through a project of this scale, it could rapidly internalize GPU technology and accelerate its pivot into cloud computing.'
Korea Herald
30-06-2025
- Business
- Korea Herald
Coupang makes GPU contract bid, hinting at cloud market entry
Coupang has made a surprise entry into a government-led bid to secure and operate high-performance graphics processing units, signaling potential ambitions beyond its current e-commerce focus. The e-commerce giant is among four companies — including Naver Cloud, Kakao Enterprise and NHN Cloud — that have submitted bids for the Ministry of Science and ICT's 1.46 trillion won ($1.07 billion) GPU infrastructure support project, according to industry sources Monday. Under the initiative, the government plans to purchase 10,000 high-performance GPUs through its first supplementary budget and provide GPU services to companies and researchers over five years. The final operator will be selected next month. While Coupang declined to comment on its participation, sources view the move as a strategic attempt to gain operational experience in GPU-as-a-service, potentially laying the groundwork for a future pivot into the cloud services market. "This marks Coupang's first known foray into a government tech infrastructure project of this scale,' said an industry source who requested anonymity. 'Although it has not publicly operated GPUaaS, its internal services like Coupang Play and Coupang Eats have long leveraged GPU resources, possibly helping it meet the eligibility requirements.' 'Coupang, emerging as a dark horse in the recent GPU acquisition initiative, may be strategically aiming to solidify its identity as a competitive cloud service provider through this move. … Otherwise, it's difficult to justify the company's participation in the project, especially considering the massive costs associated with data center space rentals,' the source added. The unexpected bid has drawn considerable attention, with speculation mounting that Coupang aims to evolve into a cloud service provider, much like Amazon's trajectory from e-commerce to dominance in Amazon Web Services. Industry watchers have observed that Coupang is stepping up its infrastructure push. The company is reportedly working with Singapore-based Empyrion DC to lease space at the KR1 data center in Seoul's Yangjae area, while accelerating talent acquisition in cloud and GPU operations. 'Coupang has consistently benchmarked Amazon's business model,' said a source familiar with the matter. 'It now appears to be eyeing the next frontier -- emulating AWS.' Despite the ambitions, skepticism remains. Unlike its competitors, Coupang lacks a track record of large-scale GPU service deployment. Naver Cloud, Kakao Enterprise and NHN Cloud already operate substantial GPU clusters and have established GPUaaS platforms. This could put Coupang at a disadvantage when it comes to technical evaluations. 'Coupang is not disqualified by regulation,' the anonymous source said. 'But its limited hands-on experience with GPU infrastructure could be a critical shortfall.' Stability remains a priority for the government's GPU project, the official added: 'The ability to quickly recover from system failures is key, and Coupang's capabilities in this area have yet to be publicly proven.' Industry observers are now watching to see whether Coupang can leverage this opportunity to transform into a next-generation cloud provider and challenge South Korea's established cloud service players. 'Coupang has been heavily investing in infrastructure talent,' another anonymous industry source said. 'If it can gain practical experience through a project of this scale, it could rapidly internalize GPU technology and accelerate its pivot into cloud computing.'
