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...
04 Aug, 2026, 10.55 PM IST
AI cloud startup Volta valued at $2.4 billion, announces $10 billion AI partnershipVolta Infra, a new AI startup, secured a significant cloud contract. This deal is reportedly with Anthropic for European cloud computing se...
04 Aug, 2026, 08.35 PM IST
US stocks: S&P 500, Dow hit record highs on strong AI-linked earnings, Mideast deal hopesWall Street's S&P 500 index reached a new intraday record high on Tuesday. Upbeat artificial intelligence forecasts from Caterpillar and Pa...
04 Aug, 2026, 07.30 PM IST
CoreWeave expands into Indonesia, announces first data center in Asia-PacificAI cloud firm CoreWeave is expanding into Indonesia with three new data centers. This move marks their first data-center presence in the As...
04 Aug, 2026, 06.40 PM IST
Trump administration drafting ban on Chinese data center devices, sources sayThe Trump administration is drafting a ban on new Chinese data center component imports. This measure aims to protect critical infrastructu...
04 Aug, 2026, 03.46 PM IST
Onsemi forecasts upbeat revenue on surging AI data center chip demandOnsemi anticipates third-quarter revenue exceeding Wall Street expectations. This growth stems from surging demand for power management chi...
04 Aug, 2026, 08.50 AM IST
CrimeGPT comes knocking: Illegal AI services make cybercrimes cheaper and fasterIllegal AI services are making cybercrimes cheaper and faster. The threat is escalating as state actors and rogue networks weaponise fronti...
04 Aug, 2026, 06.00 AM IST
India's data centre capacity may reach 3-3.6 GW by 2030, hyperscalers to drive growth: Axis CapitalThe report noted that publicly announced capacity targets of 6-8 GW by 2030 appear aggressive. A more realistic estimate is 3.4-3.6 GW of p...
02 Aug, 2026, 10.56 AM IST
US stocks: US market ends higher as Amazon soothes AI jittersWall Street closed higher on Friday, driven by Amazon's strong quarterly report. The tech giant's results eased concerns about AI infrastru...
01 Aug, 2026, 01.32 AM IST
Microsoft sets record with near $450 billion single-day gain in market valueThe software giant's shares closed up more than 15%, lifting its market capitalization to $3.35 trillion, surpassing chip giant Nvidia's ...
31 Jul, 2026, 08.41 AM IST
US stocks: Microsoft adds $485 billion to investors' wealth as shares rise 15%. Check whyMicrosoft shares experienced a significant surge on Thursday. The company anticipates continued cash generation through its new fiscal year...
31 Jul, 2026, 01.41 AM IST
Banks in talks to lend $15 billion for Anthropic data center backed by Google: WSJBig Tech has been pouring billions of dollars into AI data centers and computing power as demand continues to outstrip supply.
31 Jul, 2026, 12.35 AM IST
Meta's AI splurge lays bare its compute conundrumThe Instagram owner is splurging billions to build compute - chips, servers, energy and data centers that power AI - leaving it with free c...
30 Jul, 2026, 08.20 PM IST
In 1999, a farmer donated land for a children's park, now it's home to a $1 billion data center sparking a bitter community fightTaylor data center controversy: A ten-dollar land deal for a future park in Taylor, Texas, now faces a billion-dollar data center proposal....
28 Jul, 2026, 08.50 PM IST
Meta, BlackRock partner on $14 billion El Paso data centerMeta Platforms and BlackRock are developing a $14 billion data center campus in El Paso, Texas. BlackRock-managed funds will own eighty per...
28 Jul, 2026, 03.53 PM IST
Nvidia behind $50 billion lease on Texas data center, FT reportsIn an impressive move, Nvidia is reportedly set to lease Hut 8's data center in Texas, with the value of the arrangement potentially soarin...
28 Jul, 2026, 11.22 AM IST
Nvidia in talks with OpenAI to guarantee $250 billion financing for data centre: WSJThe power for the project is controlled by the US government and funded separately by Japan under a recent trade deal, with US Commerce S...
27 Jul, 2026, 06.54 PM IST