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U.K. Data Center Market Continues to Grow Despite Brexit Worry

U.K. Data Center Market Continues to Grow Despite Brexit Worry

(Bloomberg) — Fears the U.K.’s data center operators would shift their infrastructure abroad because of Brexit are looking unfounded, with several firms and industry experts saying they’ve seen domestic growth since 2016.



High End Data Cables Feed Into Servers


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High End Data Cables Feed Into Servers

London’s data center market had a total supply of 711 megawatts during the second quarter of 2020 and is expected to end the year with 67 additional megawatts of capacity than the year before, according to data compiled by CBRE Group Inc.

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The industry saw record expansion in 2019 when 145 megawatts of capacity was added. Limited construction and site access for upgrades during the pandemic this year has been blamed in part for the recent slowdown.

Concerns that companies may relocate from the U.K. to Europe heightened last year after one of Britain’s biggest gambling companies, GVC Holdings Plc, moved the servers hosting its online betting platforms to Ireland.

At the time, a spokesperson for industry lobby group U.K. Finance also sounded the alarm that banks were considering relocation to avoid problematic cross-border transfers of personal data. Movement of data generates 174 billion pounds ($216 billion) of value in the U.K., according to the Confederation of British Industry.

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Emma Fryer, associate director of data centers at industry body TechUK, said the reality has been less dramatic.

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“The market has been very buoyant, with record levels of construction, record uptake of space and record size contracts,” she said. TechUK estimates that a typical modern data center can cost more than 100 million pounds to build and fit out.

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Hightower Unveils New Center for Leadership to Train and Equip Next Generation of Business Leaders

Hightower Unveils New Center for Leadership to Train and Equip Next Generation of Business Leaders

Press release content from PR Newswire. The AP news staff was not involved in its creation.

CHICAGO, Oct. 8, 2020 /PRNewswire/ — Hightower today unveiled its new Hightower Center for Leadership, an education and training program designed to empower the next generation of leaders in Hightower advisory businesses. The program – designed for soon-to-be partners, lead advisors, relationship managers, operational professionals, business managers and those involved with strategic decision-making – is focused on preparing wealth management leaders at a time when many practice founders are transitioning to retirement.

“Preparing future business leaders is critical for client retention and continued growth. While many second-generation professionals may be highly skilled in client services, they often lack management and leadership experience,” said Hightower’s Chief Growth Officer Scott Holsopple. “The new Center for Leadership provides members of the Hightower community with the opportunity to gain intensive training in the skills they need to grow their businesses organically and inorganically – including strategic planning, financial analysis, team management, marketing, governance, M&A deal structuring and more.”

The two-year, certificate-granting program provides simulation-based training delivered by top Hightower leaders and industry experts, including Philip Palaveev of The Ensemble Practice. Trainees are organized into teams of five or six members and given a simulated firm to manage for the duration of the program. The firm comes complete with a history, team dynamics, operational decisions, staff and compensation situations, equity structures and obstacles to growth. Teams work closely with a coach to address the firm’s challenges. Hightower expects to have over 40 team members participate in the initial launch of the program. In addition to learning through the rigors of the two-year curriculum, they will also benefit from the peer-to-peer networking and community that is created.

The training program involves 100 education hours, with monthly

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NVIDIA Going After More of Intel’s Data Center Business With New Processor Chips

NVIDIA Going After More of Intel’s Data Center Business With New Processor Chips

When announcing new artificial intelligence (AI) capabilities developed by his company earlier this year, NVIDIA (NASDAQ: NVDA) CEO Jensen Huang outlined a new type of processor that will become increasingly important in the years ahead: the data processing unit (DPU).



a person in a blue shirt: NVIDIA Going After More of Intel's Data Center Business With New Processor Chips


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NVIDIA Going After More of Intel’s Data Center Business With New Processor Chips

Data centers are becoming busy digital-economy hubs with massive amounts of data moving into and out of them, and organizations rely on these hubs to power cloud computing tasks key to their operations. To capitalize on the opportunity, NVIDIA has announced the release of new DPU chips. The move will build on NVIDIA’s momentum in the data center segment (now its largest business end-market) and help it continuously disrupt an industry dominated by chip giant Intel (NASDAQ: INTC).



a person in a blue shirt: Someone in a lab suit holding a semiconductor.


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Someone in a lab suit holding a semiconductor.

CPU, GPU, and DPU basics

Over the years, the CPU (central processing unit) invented by Intel has become the primary chip powering desktop and laptop computers, other mobile devices, and even the movement of data within data centers. GPUs (graphics processing units) were later pioneered by NVIDIA to handle advanced and specialized tasks like video game graphics and, more recently, high-order computing tasks handled in data centers like AI. 

But Huang has outlined NVIDIA’s vision for the future of computing, built on three types of processors: the CPU for generalized tasks, the GPU as a computing accelerator, and the DPU as a specialized manager of data within data centers to handle cloud computing. To that end, NVIDIA recently unveiled the BlueField-2 DPU and accompanying software development kit for engineers building data center infrastructure and cloud applications. 

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NVIDIA’s new DPUs are already

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