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AI INFRASTRUCTURE GROWTH
SpaceX advances $1 trillion revenue target to 2030, Musk saysSpeaking to investors, Musk said the company’s internal financial projections had shifted from reaching the milestone in 2031 to 2030, addi...- Why AMD's solid quarterly earnings failed to impress investorsAMD beat earnings estimates and issued strong guidance, but its shares fell as investors sought bigger AI gains, higher margins and stronge...
- US stocks may have more room to rally as earnings, AI spending support marketStrong corporate earnings, sustained AI infrastructure spending and easing valuation concerns have strengthened confidence in the US stock ...
- How India is rewriting the enterprise software playbookIndia's enterprise software sector now competes globally on product quality and innovation. Experienced founders and engineers are actively...
- A US cloud computing company reports $703.1 million in revenue, then announces plans to lay off 5% of its workforceNutanix plans to reduce its global workforce by approximately five percent. This strategic move aims to enhance operational efficiency and ...
- India's data centre capacity rises over four-fold to 1,575 MW as AI demand accelerates: GovtSince 2020, India's data centre capacity has surged fourfold to around 1,575 MW. This impressive growth stems largely from rising needs in ...
- AI can turbocharge India's growth despite job disruption: World BankArtificial intelligence can significantly boost developing economies' growth before the decade ends. India leads AI adoption, benefiting fa...
- Global Market: Europe’s tech giants emerge as surprise AI winners as enterprise adoption takes offEurope’s established technology companies are emerging as unexpected winners of the AI boom as enterprises move from experimentation to lar...
- AMD forecasts strong revenue growth on AI chip demand, but investors seek bigger gainsAMD Earnings Report: AMD beat quarterly revenue and earnings estimates while forecasting stronger-than-expected Q3 sales, driven by AI chip...
- Europe's established tech firms emerge as unexpected AI winnersSAP, Capgemini, Sopra Steria and OVHcloud have all reported stronger demand, faster growth or upgraded outlooks as companies move from expe...
- AMD's AI-powered revenue forecast fails to wow investorsYet, its shares fell nearly 9% in extended trading, suggesting that investors were looking for an even stronger outlook after the stock mor...
- AI data-centre race builds $1 trillion lease burden for Big TechThe commitments show that a substantial part of Big Tech's AI spending spree has already been locked in, without yet appearing as debt-like...
- AI can accelerate growth in developing economies, says World BankDeveloping economies are experiencing their weakest average growth performance in three decades. The report said AI could significantly lif...
- Activate joins Sarvam's $300 million funding round, eyes deeper AI partnershipBeyond the investment Activate and Sarvam plan to work together on three areas: supporting India's AI startup ecosystem, helping large digi...
- Roll out the Durree for AI's AnnaDataIndia's data centre sector is attracting strong institutional investment, aided by infrastructure status, policy support and rising AI dema...
- Microsoft's AI-Fuelled Rally: 5 reasons Wall Street is bullish againMicrosoft's latest earnings reignited Wall Street's AI optimism as Azure outperformed, cloud demand accelerated and a record order backlog ...
- Data centres draw 40% of institutional capital in the June quarterData centres are now the second-largest investment recipient, attracting substantial institutional capital. Rapid AI adoption and cloud exp...
- Meta misses profit expectations, sticks to massive AI spendingThe Facebook and Instagram parent company reported free cash flow of $784 million in the second quarter ended June 30, down from $8.55 bill...
- US Stock Market: Arm Holdings tops Q2 forecasts on AI demand, shares fall on royalty growth concernsArm Holdings beat quarterly revenue and earnings estimates and issued a stronger-than-expected revenue forecast, supported by robust demand...
- India may need $350-435 billion investment in AI, data centre infrastructure by 2030: ReportIndia requires substantial investment for its digital economy's infrastructure. AI adoption and cloud computing will drive significant data...
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