hyperscalar
/ˈhaɪpərˌskeɪlər/
Definition
A company that manages and operates massive-scale cloud computing and data center infrastructure, characterized by the ability to expand resources significantly to meet growing demand.
Etymology
The word is a compound of 'hyper-', from the Greek 'huper' meaning 'over' or 'beyond,' and 'scalar,' derived from the Latin 'scala' meaning 'ladder' or 'scale.' It emerged in the 21st century tech industry to describe systems designed to scale exponentially.
In the news
In the article, the term refers to the large-scale data center operators that Energy Vault provides with specialized AI compute and power infrastructure solutions. It matters here because it highlights Energy Vault's role in supplying the massive energy requirements needed by these high-growth technology providers.
Energy Vault Appoints Senior Capital Markets Veteran Nitin Dahiya from BlackRock as Chief Financial Officer as its Global Energy Infrastructure Growth Accelerates
Read the full article ↗Business Wire