SoftBank Corp., ZutaCore and Foxconn Collaborate on Design and Development of Rack-integrated Solution
SoftBank Corp., ZutaCore and Foxconn Collaborate on Design and Development of Rack-integrated Solution Optimized for ZutaCore’s 2-phase DLC...
Investment is Part of ZIM’s Vision of Advancing AI and ESG Initiatives
ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) is pleased to announce an investment it made in ZutaCore®, a pioneering company based in Sderot, southern Israel. This investment reflects ZIM's commitment to sustainability and innovation, aligning with its environmental, social, and governance (ESG) initiatives, particularly in reducing power consumption and carbon footprint..
ZutaCore is at the forefront of transforming the data industry towards zero emissions with its innovative HyperCool® technology. HyperCool is a waterless 2-phase direct liquid cooling (DLC) solution designed for mainstream data centers. The solution significantly enhances data center efficiency by tripling processing capacity, using 50% less energy, and halving the space required for conventional cooling systems. The scalable and easy-to-implement HyperCool system guarantees consistent performance in any climate and location, making it a game-changer for sustainable cooling. ZutaCore’s comprehensive solution not only reduces energy, water, land, and construction resource consumption but also slashes capital and operational expenditures, accelerates return on investments (ROI), and maximizes real estate assets’ value. ZutaCore's commitment to sustainability is further highlighted by its membership in the Sustainable Digital Infrastructure Alliance. The company recently announced a collaboration with industry giants SoftBank and Foxconn to collaborate on the design and development of a rack-integrated solution optimized for ZutaCore’s 2-phase DLC technology used in AI servers using NVIDIA H200 GPUs.
The investment of ZIM in ZutaCore was led by ZIM Ventures, ZIM’s corporate venture capital arm.
Eli Glickman, President & CEO of ZIM, commented: "This unique investment underscores our dedication to supporting innovative solutions that promote sustainability. We are excited to back ZutaCore's efforts in enhancing data center efficiency and contributing to a more sustainable future."
Erez Freibach, ZutaCore Chairman and CEO, said: “With the explosive growth of AI driving massive changes in the data center landscape, liquid cooling is now a critical enabler for sustainable, high-density computing. HyperCool is uniquely positioned to address these challenges, providing efficient and scalable solutions for AI and beyond. We are excited to have ZIM with its global reach, join us in the journey to sustainable AI."
About ZIM
Founded in Israel in 1945, ZIM (NYSE: ZIM) is a leading global container liner shipping company with established operations in more than 90 countries serving approximately 33,000 customers in over 300 ports worldwide. ZIM leverages digital strategies and a commitment to ESG values to provide customers innovative seaborne transportation and logistics services and exceptional customer experience. ZIM's differentiated global-niche strategy, based on agile fleet management and deployment, covers major trade routes with a focus on select markets where the company holds competitive advantages. Additional information about ZIM is available at www.ZIM.com.
About ZutaCore:
Founded in 2016, ZutaCore is redefining sustainable cooling solutions with HyperCool, a waterless, direct-to-chip liquid cooling technology that meets the heavy demands of AI. With its ability to cool the industry's hottest processors while achieving 100% heat reuse, HyperCool enables safer, more efficient, and scalable data centers essential for the AI era. Headquartered in San Jose, California, with global operations, ZutaCore leads the charge towards a net-zero data center industry.
ZutaCore Press Contact:
Alison Deane
Vice President, Marketing
marketing@zutacore.com
SoftBank Corp., ZutaCore and Foxconn Collaborate on Design and Development of Rack-integrated Solution Optimized for ZutaCore’s 2-phase DLC...
Industry Veterans Join ZutaCore Amid Rapid Global Demand for AI-Driven Liquid Cooling Solutions
In recognition of the Annual World Environment Day, ZutaCore®, a leading provider of direct-to-chip, waterless liquid cooling solutions, and NeevCloud