This week kicked off the annual Hot Chips conference and AI has once again dominated the conversation. There were a lot of stories to talk about, from wafer scale chips to silicon photonics, Cerebras’ giant leap into AI Inferencing, Microsoft Azure’s MAIA 100 AI Accelerator, IBM’s On-Chip DPU, Broadcom’s AI Compute ASIC, Intel’s Guadi 3, and more. Let’s dive in on this episode of The Rundown.
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0:54 – Kioxa Files for IPO
It’s IPO time for Kioxia! The storage giant has filed paperwork with the Tokyo Stock Exchange to go public in October. Kioxia is valued at 1 trillion yen, or approximately $10.3 billion. Kioxia has been planning to go public for several years but thanks to COVID and a momentary slowdown in the NAND flash market it has taken some time to recover. The primary investor in Kioxia is Bain Capital, with Toshiba having the remaining 40% stake.
Read More: Kioxia has filed IPO papers
4:18 – Cisco to Acquire Robust Intelligence
Cisco has decided to make their AI security strategy a little more robust. Literally. They’re acquiring Israeli startup Robust Intelligence for an undisclosed amount. The move comes after a June announcement that Cisco would be investing $1 billion in various startups focused on AI. Robust Security was founded in 2021 by Yaron Singer, a Harvard mathematics professor. Robust Intelligence had raised $44 million so far and had a $200 million valuation.
Read More: Fortifying the future of Security for AI: Cisco Announces intent to acquire Robust Intelligence
7:46 – NVIDIA Previews Blackwell Datacenter GPUs
It’s 2024, so let me summarize the next story: NVIDIA, AI. Okay, maybe a little more. Hot Chips was this week and NVIDIA showed off the Blackwell datacenter GPU cluster. This includes a Grace CPU, NVLink Switch 5 networking chip, Bluefield-3 DPU, and more. Also discussed was the new NVIDIA Inference Microservices, or NIM, which is a new concept for workloads that heavily leverages the features found in Blackwell.
Read More: NVIDIA Rolls Out Blueprints for the Next Wave of Generative AI
11:56 – Apica Ascent adds Multiple Agent Central Telemetry Data Management
Apica is adding a new way to see telemetry data to their platform. Their new Fleet Data Management offering allows for normalized data collection from applications to a central repository for easy viewing. This means a one-stop shop for DevOps to see how things are performing and where tweaks need to be made. In addition, Fleet Data Management can be used to configure monitoring agents on application platforms to make things easier to collect and report on.
Read More: Apica Adds Ability to Centrally Manage Telemetry Data Collected via Multiple Agents
13:37 – VMware Reveals VCF9
VMware Explore is happening this week and all eyes are on their plans for VMware Cloud Foundation. The newest revision of their platform is up to 9 and that means changes for users. According to CEO Hock Tan, who was interviewed by Futurum Group’s own Daniel Newman and Patrick Moorhead, VCF is the private cloud for everyone. This has been in the works for a while since we saw some of these features back at AI Field Day in February.
Read More: VMware Wants to Redefine Private Cloud with VCF 9
17:51 – Veeam Overtakes Veritas in Market Share
There’s a new king of the backup mountain. When it comes to market share of the enterprise backup space the new leader is Veeam, at least according to Gartner. They have displaced the former leader, Veritas, who had been on top since the beginning. The market grew over 5% last year and Veeam had the biggest growth out of everyone. The remaining companies saw smaller growth overall but did not shrink according to the Gartner numbers.
Read More: Veeam has knocked Veritas off backup top spot
20:58 – Announcements from Hot Chips
This week kicked off the annual Hot Chips conference and AI has once again dominated the conversation. There were a lot of stories to talk about, from wafer scale chips to silicon photonics, Cerebras’ giant leap into AI Inferencing, Microsoft Azure’s MAIA 100 AI Accelerator, IBM’s On-Chip DPU, Broadcom’s AI Compute ASIC, Intel’s Guadi 3, and more. Let’s dive in.
Read More: Cerebras Enters AI Inference Blows Away Tiny NVIDIA H100 GPUs by Besting HBM
Read More: IBM Shows Off Next-Gen AI Acceleration, On Chip DPU for Big Iron
Read More: Intel Gaudi 3 for AI Training and Inference
Read More: Microsoft MAIA 100 AI Accelerator for Azure
Read More: Broadcom AI Compute ASIC with Optical Attach Detailed at Hot Chips 2024
40:57 – The Weeks Ahead
AI Field Day 5 – September 11 – 12
Edge Field Day 3 – September 18 – 19
Networking Field Day Exclusive with Nokia – September 24
AI Data Infrastructure Field Day 1 – October 2 – 3
Gestalt IT and Tech Field Day are now part of The Futurum Group.
The Gestalt IT Rundown is your look at the IT news of the week. Be sure to subscribe to Gestalt IT on YouTube for even more weekly video content.
