Search results for "AI"
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14:03

Ecolab acquires CoolIT Systems for $4.75 billion, focusing on AI data center liquid cooling technology

Gate News reported that on March 21, water resource management company Ecolab Inc. announced it will acquire CoolIT Systems from KKR for approximately $4.75 billion in cash to capitalize on the growing demand for liquid cooling technology in AI-driven data centers. Technology companies are increasing their investments in AI infrastructure, driving the industry's shift from traditional air cooling methods to more efficient liquid cooling systems to handle higher chip density and power loads.
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03:01

Bloomberg: Musk's xAI Sends Engineers to Win Over Enterprise Customers, Payment Company Shift4 to Switch from ChatGPT to Grok

Musk's xAI is adopting an on-site strategy, dispatching engineers to potential customers' offices to compete with OpenAI and Anthropic for clients. Shift4 Payments has decided to adopt xAI's Grok while keeping Anthropic's Claude. xAI's customers are primarily connected to Musk's enterprises and government entities, a strategy that reflects a broader trend in the AI industry where competitors are also deploying engineers to support customers.
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