15 AI News Shaping Wall Street Today

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4. Vertiv Holdings Co (NYSE:VRT)

Number of Hedge Fund Holders: 91

Vertiv Holdings Co (NYSE:VRT) is a global provider of digital infrastructure technology and services for data centers, communication networks, and commercial and industrial facilities.

On November 19, Vertiv Holdings Co (NYSE:VRT) announced the expansion of its liquid cooling product portfolio by introducing two new Vertiv™ CoolChip CDU (coolant distribution unit) systems. The Vertiv CoolChip CDU family offers affordable and flexible liquid cooling for data centers that enable the operation of high-density computing for AI alongside traditional air-cooled racks. The two cooling systems are on display at the Vertiv booth at SC24, the international conference for high-performance computing, networking, and storage, from November 19 – 22. Besides the cooling systems, Vertiv also boasts an extensive suite of global service offerings to support the deployment of liquid-cooled infrastructure.

“The AI-focused data center necessitates advanced cooling technologies. Vertiv’s expanded liquid-cooled solutions support the densification of the data center we are seeing as a result of AI. Our liquid cooling portfolio, complemented by our full solution of air cooling, heat rejection, and re-use solutions and global services capability, enables both new and existing data centers to seamlessly introduce liquid cooling as part of the overall hybrid cooling solution to make AI deployments easier, faster and more cost-effective for customers.”

-John Niemann, senior vice president of the thermal business unit at Vertiv.

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