Daily cloud and web hosting news coverage by HostingDiscussion.com
Today’s Storystream

London-based Vertice has raised $50 million in Series C funding led by Lakestar, valuing the company at $500M. The AI-driven platform optimizes SaaS and cloud spending, offering 20-30% savings and halving procurement cycles. By analyzing $3.4B in SaaS data and benchmarking 16,000 vendors, Vertice empowers enterprises like Santander and ASML to streamline expenditure. The funds will fuel global growth amid rising IT spending projections.

Seagate has started shipping samples of its Exos M drives, featuring industry-leading 36TB capacities powered by HAMR-enabled Mozaic 3+ technology. Offering 300% higher density and 25% lower cost per terabyte, these drives are revolutionizing data center scalability. With adoption by Dell Technologies and cloud providers, Exos M addresses AI-driven storage demands while setting new efficiency and performance benchmarks for next-generation data management.

Hexonet, a major domain reseller platform, will cease operations as Team Internet Group consolidates services to meet EU NIS2 directives. Resellers will transition to CentralNic Reseller, while retail customers move to Moniker. Key migration deadlines include March 2025 for European domains and full migration by June 2025. The streamlined shift promises enhanced compliance and platform stability for users.

President Donald Trump is set to unveil a $100 billion AI infrastructure project, growing to $500 billion over four years, through Stargate—a joint venture by OpenAI, Oracle, and SoftBank. Initial efforts will focus on a Texas data center housing two million GPUs. The ambitious plan promises to accelerate U.S. AI advancements while creating massive economic benefits across multiple states.

GoDaddy has contributed $520,000 to The WP Community Collective to enhance WordPress development and support open-source innovation. Alongside funding initiatives like PHP Standards and W3C, GoDaddy backs 46 contributors through the Five for the Future program, pledging 255 weekly hours. “WordPress is vital to the web,” said Paul Bindel, GoDaddy President of Partners, emphasizing the company’s commitment to fostering inclusivity and innovation in the WordPress ecosystem.

Red Hat unveils OpenShift Virtualization Engine, a virtualization-focused platform built to simplify VM management across hybrid cloud environments. Powered by KVM hypervisor, the solution eliminates unnecessary components, enhances scalability, and integrates automation via Ansible. With migration tools and Advanced Cluster Management, Red Hat empowers enterprises to optimize operations, reduce complexity, and maximize virtualization ROI. The solution is now available for modern IT infrastructure needs.

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