<div>
  <ul>
    <li>
      <p>
        Lenovo has announced that it will be expanding its existing TruScale infrastructure-as-a-service model to its portfolio of edge AI servers to enable enterprises to deploy AI applications at the edge of their networks without significant investment.
      </p>
    </li>
    <li>
      <p>
        The TruScale service functions as a &ldquo;pay-as-you-go&rdquo; model, enabling customers to only pay for what they use each month without requiring a large initial investment.&nbsp;
      </p>
    </li>
    <li>
      <p>
        The company also announced the launch of a new edge server, &ldquo;ThinkEdge SE455 V3,&rdquo; which it claims will be the most powerful of its existing portfolio. Based on AMD&rsquo;s EPYC 8004 chip, the new offering is designed to maximize the performance of intensive edge AI applications, such as computer vision, audio recognition, prediction, security, and virtual assistants.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://news.lenovo.com/pressroom/press-releases/lenovo-delivers-ai-at-the-edge-bringing-next-generation-intelligence-to-data/">
      Press release
    </a>
  </p>
  <p>
    <a href="https://www.forbes.com/sites/stevendickens/2023/09/21/lenovos-vision-for-the-future-of-edge-computing/?sh=381de4161114">
      Forbes
    </a>
  </p>
  <p>
    <a href="https://venturebeat.com/data-infrastructure/lenovo-launches-new-truscale-edge-service-to-bring-ai-and-ml-to-brick-and-mortar-businesses/">
      Venture Beat
    </a>
  </p>
  <p>
    <a href="https://siliconangle.com/2023/09/20/lenovo-expands-infrastructure-service-model-edge-ai-platforms/">
      SiliconAngle
    </a>
  </p>
  <p>
  </p>
</div>


Edge Computing

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

Lenovo is expanding its TruScale infrastructure-as-a-service model to include edge AI servers. This will allow enterprises to deploy AI applications at the edge of their networks without needing a large investment. The TruScale service operates on a pay-as-you-go model, where customers only pay for what they use each month. Lenovo has also launched a new edge server called ThinkEdge SE455 V3, which is said to be the most powerful in its portfolio. This server is designed to enhance performance for intense edge AI applications like computer vision, audio recognition, and virtual assistants. The server is based on AMD's EPYC 8004 chip.

Lenovo expands infrastructure-as-a-service business model to portfolio of servers for edge AI

Qualcomm and SECO will collaborate to create new edge computing products for OEM companies. SECO will become a Qualcomm IIoT design center partner and develop off-the-shelf hardware solutions like a system-on-module and single-board computer. Qualcomm will provide technical expertise and assist with integrating components to speed up the time-to-market for these products.

Qualcomm partners with SECO to develop embedded hardware for edge computing

ANALYST_QUICK_TAKE

DISRUPTOR_PRESENT

EdgeConneX, an edge data center colocation provider, has secured $403.8 million in sustainability-linked debt funding, bringing its total funding to nearly $5 billion. The company plans to use the funding to expand its data center footprint in Jakarta and increase its Indonesian hyperscale campus to over 120 MW. The funding will also support the company's efforts to improve power efficiency, utilize renewable energy sources, and enhance safety measures. This funding round makes EdgeConneX the highest-funded edge data center provider, ahead of Databank, and highlights its strategy of offering a wide range of data centers, from hyperlocal to hyperscale.

EdgeconneX secures USD 403.8 million in debt funding

SiMa.AI, a system-on-chips (SoC) manufacturer, has introduced Palette Edgematic, a no-code platform that allows users to deploy machine-learning models to edge devices. The platform utilizes SiMa.AI's Palette software, which enables users to create and deploy ML models on their MLSoC silicon chips. With Palette Edgematic, users can transfer full ML code modules and applications to their edge devices from an open-source AI model library through a simple drag-and-drop interface. This platform simplifies the process of deploying ML models to edge devices, making it more accessible and user-friendly.

SiMa.AI launches new no-code platform for deploying machine-learning models on edge devices

Finnish Edge IoT solutions provider Treon has raised EUR 5.5 million ($5.9m) in a Series A funding round led by Ventech. The funds will be used to strengthen sales and marketing efforts, expand its market presence, and enhance its product portfolio. Treon offers scalable IoT solutions, including sensors and gateways, and an edge IoT platform for industrial, smart buildings, and logistics clients. The platform enables users to collect data from various sensors and develop edge computing applications. Treon has also expanded its team and established partnerships in the US, Denmark, and France.

Treon raises EUR 5.5 million in seed funding

Edge IoT application platform, IOTech, has secured an undisclosed amount of growth funding in a round led by Dell Technologies Capital, along with participation from SPDG, Northstar Ventures, and the Scottish Investment Bank. IOTech plans to use the funds to expand its presence in the North American market. The funding will be allocated towards expanding product development and supporting go-to-market activities in the region.

All Updates

Lenovo expands infrastructure-as-a-service business model to portfolio of servers for edge AI

Qualcomm partners with SECO to develop embedded hardware for edge computing

EdgeconneX secures USD 403.8 million in debt funding

SiMa.AI launches new no-code platform for deploying machine-learning models on edge devices

Treon raises EUR 5.5 million in seed funding

IOTech raises an undisclosed amount of growth funding

Pratexo secures undisclosed amount in ABB investment

Fasty acquires Domainr for undisclosed amount; launches new transport layer security solution

Kneron releases new KL730 AI chip to support LLMs at the edge

Edgio stock rises as Q1 revenue beats analyst estimates