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Smart IOPS and H3 Platform Unveil AI Compute Storage Solution Designed to Deliver Up to One Billion Random IOPS

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Smart IOPS Unobtanium™ T50 SSD and H3 Platform’s GPU-centric appliance bring compute, networking and ultra-high-IOPS flash together for NVIDIA Storage-Next™ and SCADA-enabled AI infrastructure

MILPITAS, Calif. and NEW TAIPEI CITY, Taiwan, Aug. 6, 2026 /PRNewswire/ — Smart IOPS, Inc., a provider of high-performance enterprise storage solutions, and H3 Platform, a pioneer in AI and composable IT infrastructure, today announced world’s first one billion IOPS capable AI Compute Storage solution. The solution integrates Smart IOPS Unobtanium™ T50 solid-state device with a new H3 Platform appliance built for the recently announced NVIDIA AI infrastructure, NVIDIA networking technologies.

The solution is being engineered for the emerging class of data-intensive AI Inference applications that require GPUs to access very large datasets through fine-grained, highly parallel I/O. It is designed to support NVIDIA’s Storage-Next initiative and the NVIDIA SCADA (Scaled Accelerated Data Access) programming model. NVIDIA Storage-Next and NVIDIA SCADA enable GPU-initiated storage access for workloads whose working sets extend beyond local GPU memory. By shortening the path between GPU compute and NVMe storage, the companies aim to reduce CPU control-path overhead, keep accelerators supplied with data and improve infrastructure utilization for AI inference and data analytics.

At the center of the announcement is the Smart IOPS AI Compute Storage™ or ACS device, Unobtanium™ T50. The PCIe Gen6 x4, NVMe 2.0 ACS device in an E3.S form factor is slated to deliver up to 50 million random-read IOPS and up to 10 million random-write IOPS at a highly granular 512-byte block size, together with up to 28 GB/s sequential reads and 24 GB/s sequential writes. Four such T50 devices can provide an aggregate device-level target of up to 200 million random-read IOPS—to align with the I/O capability of next-generation PCIe Gen6 x16 GPUs like NVIDIA Rubin. Actual system performance will depend on workload, software, topology, configuration and other system-level factors.

A pathbreaking attribute of the Smart IOPS TruRandom® controller architecture is its use of broadly available TLC NANDs operated in pseudo-SLC mode to deliver the extreme IOPS. Because the standard TLC NAND can be sourced from multiple qualified suppliers, Smart IOPS ACS device benefits from the flash industry’s manufacturing scale, supply-chain resilience, and cost efficiencies. ACS devices, however, can also support specialized low-latency NANDs, where a workload or customer requirement is justified over the cost.

H3 Platform is developing an air-cooled appliance that brings these storage devices into a deployable GPU-centric system. The planned platform combines four NVIDIA RTX PRO 6000 Blackwell Server Edition GPUs, four NVIDIA ConnectX-8 and 20 E3.S 2T storage slots, each designed to support up to 60 watts. This allows up to a billion IOPS to be delivered from 20 storage slots each supporting up to 50 million IOPS. The appliance is designed to provide balanced connectivity across compute, networking, and storage resources, giving customers a practical platform for evaluating and deploying GPU-initiated, small-block storage workloads in production environments.

“AI infrastructure is entering a phase in which storage must behave less like a passive repository and more like an active extension of the compute fabric,” said Ashutosh Das, CEO of Smart IOPS. “With the Unobtanium™ T50 ACS device, our goal is to deliver 50 million IOPS in a compact PCIe Gen6 x4 E3.S form factor using standard TLC NAND. This approach combines extreme performance with flash-industry’s economies of scale making the ACS devices suitable for large scale deployment. H3 Platform complements that innovation with the system architecture needed to place high-IOPS storage close to NVIDIA AI infrastructure and networking.”

The planned H3 Platform delivers the highest IOPS performance ever achieved in the smallest datacenter footprint by integrating Smart IOPS ACS devices across 20 E3.S slots. The Air-cooled appliance design combines GPUs, high-speed network cards, and E3.S storage device slots that support up to 60W of power and thermal requirement per slot to handle the demands of high-performance storage devices like Smart IOPS ACS.

“The next wave of AI systems must be designed as an integrated data path—not as disconnected compute, network and storage components,” said Brian Pan, CEO of H3 Platform. “Our appliance is being developed to combine NVIDIA accelerated computing and networking with 20 high-power E3.S slots in an efficient, air-cooled platform. Smart IOPS’ ACS device is a strong complement to this design, helping us turn the concept of GPU-accelerated memory/storage into a system customers can evaluate, optimize and deploy.”

Why High IOPS Matters for AI Infrastructure

AI workloads are increasingly combining intensive computation with irregular, data-dependent access patterns. Graph neural networks, vector search, recommendation systems, retrieval-augmented generation, embedding stores and other sparse analytics can generate large numbers of small, random requests from many GPU threads. Conventional CPU-orchestrated I/O can add synchronization, queueing and control-path overhead, while bandwidth-oriented SSD specifications alone may not describe how well a system serves these fine-grained accesses.

Storage-Next and SCADA address this shift by enabling GPUs to initiate and orchestrate storage activity at scale. High-IOPS, low-latency SSDs are relevant because they can service more concurrent fine-grained requests, helping use PCIe bandwidth efficiently and reducing the risk that expensive GPU resources wait for data. The combined Smart IOPS and H3 Platform solution is intended to provide an integrated environment for this new storage architecture.

Smart IOPS ACS — Unobtanium™ T50

Attribute

Preliminary specification

Random read

Up to 50 million IOPS

Random write

Up to 10 million IOPS

Block size

512 bytes

Sequential read

Up to 28 GB/s

Sequential write

Up to 24 GB/s

Capacity

9 TB, 18 TB and 36 TB

Media

TLC NAND operated in pseudo-SLC mode; support for
specialized low-latency SLC NANDs

Form factor

E3.S 2T

Interface

PCIe Gen6 x4; NVMe 2.0

Planned availability

Evaluation samples: Q1 2027; production: Q2 2027

Preliminary specifications; subject to change without notice.

H3 Platform High IOPS Appliance

Attribute

Preliminary specification

GPU

4 × NVIDIA RTX PRO 6000 Blackwell Server Edition GPUs

Networking

4 × NVIDIA ConnectX-8

SSD bays

20 × E3.S 2T slots for high-IOPS SSDs

Per-slot power

Up to 60 W per E3.S slot

Cooling

Air-cooled

Planned

 availability

Evaluation systems: Q1 2027; production: Q2 2027

 

Preliminary specifications; subject to change without notice.

Availability

Smart IOPS and H3 Platform expect evaluation samples and systems to be available in the first quarter of 2027, with production availability planned for the second quarter of 2027. Product specifications, configurations and schedules are preliminary and may change without notice. Customer qualification, ecosystem software readiness and NVIDIA validation or approval are separate processes and are not implied by this announcement.

About Smart IOPS

Smart IOPS provides enterprise-class SSD solutions designed for the extreme demands of AI-driven and data-intensive workloads. The company’s SSD controller architecture is powered by TruRandom® technology to deliver high random-I/O performance, bandwidth and consistent quality of service. Smart IOPS solutions help cloud service providers, high-performance computing environments and enterprise data centers address storage I/O bottlenecks across AI/ML, analytics, databases, caching and other demanding applications. For more information, visit https://www.smartiops.com

About H3 Platform

Founded in 2014 and headquartered in New Taipei City, Taiwan, H3 Platform is a global pioneer in AI and composable IT infrastructure solutions. With more than a decade of expertise in PCIe switch fabric and CXL technologies, H3 Platform develops solutions for enterprise memory scaling, resource allocation and composable infrastructure. The company is advancing GPU-accelerated memory and storage architectures that establish direct, GPU-centric data paths, helping AI-native data centers improve accelerator utilization, scale demanding workloads and reduce total cost of ownership. For more information, visit https://www.h3platform.com

Forward-Looking Statements

This press release contains forward-looking statements regarding products under development, expected performance, interoperability, customer benefits and availability. Words such as “aim,” “design,” “develop,” “expect,” “intend,” “plan,” “target,” “will” and similar expressions identify forward-looking statements. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including development and validation results, component and software availability, ecosystem readiness, customer qualification, manufacturing schedules and changes in market requirements. Smart IOPS and H3 Platform undertake no obligation to update these statements except as required by law.

Trademarks

NVMe is a trademark of NVM Express, Inc. TruRandom® and Unobtanium™ are trademarks and/or claimed marks of Smart IOPS, Inc. All other company names, product names and service names may be trademarks of their respective owners.

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SOURCE Smart IOPS, Inc.; H3 Platform

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Jamie Knight Named Chief Studios Officer to Accelerate Studio Innovation and Growth

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Knight to Build on the Global Studio Foundation Established by Jean Venneman, Who Will Retire After More Than 30 Years in Gaming

LAS VEGAS, Sept. 21, 2026 /PRNewswire/ — IGT announced today that, Jamie Knight will assume the role of Chief Studios Officer on Jan. 1, 2027, succeeding Jean Venneman, who will retire at the end of 2026 following more than 30 years in gaming. Knight will build on the strong foundation established under Venneman’s leadership and lead IGT’s continued studio investments, driving innovation across game design, content development and studio operations.

Knight brings two decades of experience across the industry’s largest suppliers, with deep expertise in translating creative vision into player-favorite content. Having begun her career as a creative, she understands the collaborative process required to transform original concepts into successful products, a perspective that will inform her leadership of studio operations.

Jean Venneman, who will retire on December 31, 2026, began her career at IGT in the early 1990s and went on to hold senior leadership roles across product development, licensing, technology and operations before rejoining IGT in 2024. Since returning, she has rebuilt the company’s global studio operations from the ground up. Under her leadership, she assembled and empowered a world-class studio team with more than 1,200 employees, established shared best practices across studio cultures and created the operational and creative foundation that positions IGT and Everi for accelerated growth.

“Jean’s leadership created the foundation for this next phase of growth,” said Hector Fernandez, IGT CEO. “She brought together talented teams, strengthened how our studios operate and raised the bar for creative and operational excellence. We are deeply grateful for everything she has contributed to our organization and our industry. Jamie’s combination of creative instinct, studio leadership and focus on innovation in design and math will build on that momentum and unlock new possibilities across our combined studio organization.”

As Chief Studios Officer, Knight will establish clear priorities for studio teams, drive innovation in game mechanics and mathematical modeling, and create an environment where creative talent can do exceptional work. Her vision centers on delivering the most dynamic and engaging content that meets the evolving demands of players and operators globally.

“I’m energized to lead our studio teams and build on the strong foundation in place,” said Jamie Knight, incoming Chief Studios Officer. “Together with our talented teams across IGT and Everi, we’ll push the boundaries of what’s possible in game design, content strategy, and math innovation to deliver world-class experiences on the floor.”

“Returning to this organization and helping strengthen our global studio organization has been a meaningful way to close my career,” said Jean Venneman, Chief Studios Officer. “I am incredibly proud of our studio teams and the foundation we have created. I am confident Jamie will carry that momentum forward and help unlock the next phase of our growth.”

For more information, follow IGT on Facebook and LinkedIn or watch IGT videos on YouTube.

About IGT
IGT is a leading global provider of gaming, digital and financial technology solutions, formed through the combination of International Game Technology PLC’s Gaming & Digital Business and Everi Holdings Inc. IGT and Everi’s offering spans gaming machines, game content and systems, iGaming, sports betting, cash access, loyalty and player engagement solutions, enabling it to deliver integrated, customer-centric experiences across land-based and digital environments. Organized into Gaming, Digital and FinTech business units, the organization drives innovation, efficiency and value for casino, digital and hospitality operators worldwide. The company is headquartered in Las Vegas.

Contact:
Phil O’Shaughnessy, Global Communications
Toll free in U.S./Canada +1 (844) IGT-7452
Outside U.S./Canada +1 (775) 448-0257

© 2026 IGT

The trademarks and/or service marks used herein are either trademarks or registered trademarks of IGT, its affiliates or its licensors.

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SOURCE IGT

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Lysander Announces Cash Distributions for the Lysander-Canso ActivETFs

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TORONTO, Sept. 21, 2026 /CNW/ — Lysander Funds Limited (“Lysander”) announces the September 2026 cash distributions for each of Lysander-Canso Corporate Treasury ActivETF, Lysander-Canso Floating Rate ActivETF and Lysander-Canso Credit Income ActivETF (TSX: LYCT) (TSX: LYFR) and (TSX: PBY) respectively (each, an “ETF” and collectively, the “ETFs”). Unitholders of record of each ETF at the close of business on the Distribution Record Date will receive a cash distribution based on the number of units held in the amount indicated below, payable on or before the Payment Date.

ETF

Distribution per unit

Distribution Record Date

Payment Date

Lysander-Canso Corporate Treasury ActivETF

$0.0128

September 29, 2026

October 13, 2026

Lysander-Canso Floating Rate ActivETF

$0.0193

September 29, 2026

October 13, 2026

Lysander-Canso Credit Income ActivETF

$0.0417

September 29, 2026

October 13, 2026

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Investment funds are not guaranteed, their values change frequently, and past performance may not be repeated. 

®Lysander Funds is a registered trademark of Lysander Funds Limited.

SOURCE Lysander Funds Limited

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DAXIO Sets Three-Year Public-Market Pathway Towards a $1 Billion Valuation

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Founder-owned trade show and commercial-technology company combines 12 specialist US events, proprietary DealConnect technology, $35.7 million in annual commercial capacity and a high-margin AI-powered operating model

WEST PALM BEACH, Fla., Sept. 21, 2026 /PRNewswire-PRWeb/ — DAXIO today set out its three-year pathway towards a public-market listing and a $1 billion enterprise valuation.

“With 12 specialist events, proprietary DealConnect technology and $35.7 million in annual commercial capacity, DAXIO has a defined three-year pathway to a $1 billion valuation and public-market listing.” — Dawn Barclay-Ross, Founder and Chief Executive, DAXIO

Founded and wholly owned by international trade show organizer Dawn Barclay-Ross, DAXIO has established a portfolio of 12 specialist US events supported by proprietary DealConnect technology, qualified Hosted Buyer programmes and a portfolio-wide AI operating system.

The portfolio contains approximately $35.7 million in maximum annual commercial inventory capacity: $32.2 million in stand inventory and $3.54 million in sponsorship, advertising and Thought Leadership opportunities.

At 35%, 60% and 85% inventory realization, annual portfolio revenues are approximately $12.5 million, $21.4 million and $30.4 million respectively.

DAXIO’s current cost model indicates the potential for portfolio contribution margins above 90% at scale, reflecting its AI-powered infrastructure, centralized technology and capital-efficient operating structure.

“The next billion-dollar exhibition business will not resemble the last generation of exhibition groups,” said Barclay-Ross, Founder and Chief Executive of DAXIO.

“It will combine deep industry expertise with proprietary technology, intelligent automation and disciplined commercial execution. It will be faster, leaner and more accountable for the business value created at every event. That is DAXIO.”

Twelve events. One scalable commercial platform.

DAXIO’s 2027 portfolio comprises InfraBuild, PowerXpo, EnerWasteXpo, AgriTechXpo, BioGenomic Health Expo, Advanced Medical Device Show, NextGen MedTech Xpo, InsureCap, SmartMfg, AerospaceXpo, DefenseXpo and TalentTech.

Together, the events establish DAXIO across infrastructure, energy, environmental services, agriculture, healthcare, medical technology, insurance, manufacturing, aerospace, defense and workforce technology.

The portfolio has capacity for up to 5,856 stand-equivalent positions across the full commercially deployable event footprint.

Its multi-sector structure creates diversified revenue opportunities through stand sales, sponsorship, advertising, Thought Leadership, commercial partnerships and technology.

DealConnect moves the model beyond networking

DAXIO’s principal technology asset is DealConnect, created by Barclay-Ross to move business-event matchmaking beyond profile-swiping, unqualified introductions and chance encounters.

DealConnect assesses more than 500 data points across capability, compliance and financial dimensions to identify stronger-fit commercial opportunities during DAXIO events.

It operates alongside DAXIO’s qualified Hosted Buyer programmes. Approved buyers with purchasing responsibility and confirmed budgets may receive flights and hotel accommodation in return for agreeing to attend scheduled meetings with exhibitors during the event.

“Attendance is not the commercial outcome,” Barclay-Ross said. “The outcome is whether the right organizations meet, whether the opportunity is credible and whether that conversation can progress into business. DealConnect is designed around that standard.”

A three-year pathway to public markets

DAXIO’s public-market pathway is structured around five measurable drivers:

Converting revenue across the existing 12-event portfolioExtending the portfolio into further specialist and international marketsEstablishing recurring commercial revenues through DealConnectPreserving high margins through AI-powered executionAchieving institutional standards of governance, reporting and financial control 

Barclay-Ross has applied 25 years of international trade show and business-development experience to create an integrated exhibitions and commercial-technology company without the inherited cost base of a conventional exhibition group.

DAXIO is wholly founder-owned and independent of private-equity ownership, institutional exhibition groups and external corporate control.

“The first 12 events give DAXIO significant commercial scale. DealConnect creates proprietary technology value. Our AI operating system provides the execution capacity to operate across multiple specialist markets while protecting margin,” Barclay-Ross said.

“The pathway is already defined: convert the existing inventory, extend the portfolio, establish recurring technology income and enter the public markets as a high-growth exhibitions and commercial-technology company.

“The platform exists. The commercial capacity is quantified. The margin model is compelling. The route is repeatable. DAXIO’s pathway to a $1 billion valuation is underway.”

Strategic capital window closes September 25

DAXIO’s current $200,000 strategic-capital participation window closes on Friday, September 25, 2026.

The capital will be deployed directly into revenue-generating activity across the existing portfolio, including exhibitor and sponsor acquisition, qualified-buyer development, commercial marketing, technology deployment and sales execution.

The current financing provides a time-limited opportunity for eligible investors to participate at the beginning of DAXIO’s three-year public-market pathway.

Confidential company and investment information is available to eligible investors and professional advisers directly from DAXIO.

About DAXIO

DAXIO is a founder-owned, independent trade show and commercial-technology company headquartered in Florida.

Its portfolio comprises 12 specialist US business events supported by proprietary DealConnect technology, qualified Hosted Buyer programmes and an AI-powered operating infrastructure.

DAXIO is executing a three-year pathway towards a $1 billion enterprise valuation and public-market listing.

Media and investor enquiries

Dawn Barclay-Ross
Founder and Chief Executive
DAXIO
dawn@infrabuildXpo.com
+1 561 785 3120

Media Contact

Dawn Barclay-Ross, Capital Connect International Events Inc dba DAXIO, 1 5617853120, dawn@capitalconnectevents.com, https://www.infrabuildxpo.com/

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SOURCE Capital Connect International Events Inc dba DAXIO

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