Nvidia partners with Wall Street giants to raise $500 billion for AI buildoutIn an ambitious collaboration, Nvidia is joining forces with six prominent financial institutions to establish compute financing platforms ...
11 Aug, 2026, 07.15 AM IST
Samsung says regional AI restrictions won’t leave Galaxy users dependent on one modelSamsung is gearing up for potential shifts in AI model access across the globe. By employing a multi-model strategy and fostering regional ...
10 Aug, 2026, 04.49 PM IST
DPIIT signs 5 MoUs to expand digital, cloud and investment support for startupsThe Department for Promotion of Industry and Internal Trade (DPIIT) has signed five strategic Memoranda of Understanding (MoUs) with indust...
08 Aug, 2026, 04.38 PM IST
Data centre firm Switch confidentially files for US IPO: BloombergThe company operates large-scale data centre campuses that provide power, cooling and connectivity needed for AI computing, enabling cloud ...
08 Aug, 2026, 09.10 AM IST
Alibaba plans to charge big users of its next open-source AI modelLike last month's blockbuster model release from Chinese AI startup Moonshot, Alibaba's Qwen3.8-Max model is an open-source, open-weight mo...
07 Aug, 2026, 08.12 AM IST
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...
06 Aug, 2026, 08.36 PM IST
Sanjay Ghemawat, the Kota kid who spent decades at Google building large-scale computing, is now leaving to make an AI that can run thousands of experimentsSanjay Ghemawat, the Google scientist who grew up in Kota, Rajasthan, is leaving the company after nearly three decades. Ghemawat helped bu...
06 Aug, 2026, 04.37 PM IST
SpaceX shares tumble 12%, fall below IPO price as AI spending concerns mountSpaceX has demonstrated accelerated returns on its AI investments, though investors express concerns regarding future funding for data cent...
05 Aug, 2026, 10.19 PM IST
The AI competition paradoxChina's open-source AI models are challenging US dominance, driving intense competition. Chinese firms are gaining market share through low...
05 Aug, 2026, 12.47 PM IST
Nvidia-backed AI startup seals $10b Anthropic dealAI firm Anthropic has secured a significant computing capacity deal. This agreement is valued at ten billion dollars and spans six years. T...
05 Aug, 2026, 01.38 AM IST
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
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
- Anthropic inks $10 billion computing deal with new cloud startup Volta Infra
Anthropic has secured ten billion dollars in computing capacity from Volta Infra Holdings. This deal aims to meet the growing demand for An...
04 Aug, 2026, 06.33 PM IST
Amazon joins $3 trillion club as AI, cloud growth fuel stock rallyAmazon crossed a $3 trillion market valuation after strong earnings and robust cloud growth reinforced confidence in its AI investments. Sh...
03 Aug, 2026, 09.45 PM 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
Microsoft shares surge 16% as AI cloud bet starts showing up in numbersMicrosoft shares surged 16% after stronger-than-expected guidance, robust Azure cloud growth and rising Microsoft 365 Copilot adoption ease...
30 Jul, 2026, 07.55 PM IST