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Optimistic
Positive
- Total News Sources
- 1
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- Right
- 0
- Unrated
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- Last Updated
- 1 day ago
- Bias Distribution
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Manchester's PEAK:AIO Secures £5M to Expand Global AI Storage Platform
PEAK:AIO, a Manchester-based company specializing in AI-first data infrastructure, has secured over $6.8 million (approximately £5 million or €5.7 million) in a funding round led by Pembroke VCT, with participation from Praetura Ventures and a Silicon Valley investor. The funding will support PEAK:AIO's global expansion, team growth, and further development of its high-performance, energy-efficient storage software platform designed to overcome critical bottlenecks in AI data acceleration. PEAK:AIO's platform delivers faster, low-latency, and more energy-efficient data storage solutions, enabling organizations like the NHS, King’s College London, the Zoological Society of London, and Los Alamos National Laboratory to scale AI more sustainably and cost-effectively. Industry experts highlight PEAK:AIO's ability to address the AI storage bottleneck that causes GPUs to idle while waiting for data, positioning the company as a key enabler of the AI revolution amid significant investments in the UK's AI ecosystem by major firms such as Google, Microsoft, and Nvidia. The company has shown strong early growth, with revenue and partner networks quadrupling over the past year, reinforcing its leadership in redefining data infrastructure for GPU-centric workloads.

- Total News Sources
- 1
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- 1
- Center
- 0
- Right
- 0
- Unrated
- 0
- Last Updated
- 1 day ago
- Bias Distribution
- 100% Left
Negative
23Serious
Neutral
Optimistic
Positive
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