Calix, the largest communications equipment supplier focused solely on access solutions for broadband service delivery, has announced that it has raised $100 million in financing and added three new members to its board of directors. This financing consists of $50 million in equity raised from existing Calix investors and $50 million in debt financing established with Silicon Valley Bank. Calix will use the funds to invest in additional resources necessary to prepare for the company’s continued growth and expansion as well as to capitalize on the growth opportunities afforded by the $7.2 billion U.S Broadband Stimulus program. To assist the company in navigating these opportunities, Calix has added three new directors to its board, Michael Marks of Riverwood Capital, Adam Grosser of Foundation Capital, and Robert Finzi of Sprout Group, whom together bring a wealth of world-class experience across multiple industries and disciplines. Read more at http://budurl.com/calix
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What infra upgrades are needed to handle AI energy spikes?
AI infra brief: Power struggles behind AI growth
The IEA report predicts that AI processing in the U.S. will need more electricity than all heavy industries combined, such as steel, cement and chemicals
Energy demand for AI data centers in the U.S. is expected to grow about 50 gigawatt each year for the coming years, according to Aman Khan, CEO of International Business Consultants
AI infra brief: Power struggles behind AI growth
The IEA report predicts that AI processing in the U.S. will need more electricity than all heavy industries combined, such as steel, cement and chemicals
Energy demand for AI data centers in the U.S. is expected to grow about 50 gigawatt each year for the coming years, according to Aman Khan, CEO of International Business Consultants