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COMPUTING CAPACITY
Meta cut 8,000 jobs. CEO Mark Zuckerberg says AI is creating more work—but not inside MetaMeta's chief executive states artificial intelligence generates jobs via infrastructure demands. Thousands of corporate roles disappeared w...- 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...
- Anthropic inks $10 billion computing deal with new cloud startup Volta InfraAnthropic has secured ten billion dollars in computing capacity from Volta Infra Holdings. This deal aims to meet the growing demand for An...
- SpaceX's first results put Elon Musk's AI spending under Wall Street's microscopeSpaceX's upcoming earnings report is set to provide insights into Starlink's profitability as it expands into AI and space initiatives. Ana...
- SpaceX's first results put Elon Musk's AI spending under Wall Street microscopeSpaceX is poised to reveal its next earnings report, signaling Starlink's profitability and its pivotal role in financing AI and space init...
- 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...
- PM Modi launches South India's first chip plantThe outsourced semiconductor assembly and test (OSAT) facility at Tarluvada, being developed with South Korea's APACT as technology partner...
- Australia opens Consulate-General in Bengaluru; UNSW launches campus in cityAustralia opened its Consulate-General office in Bengaluru on Friday. The new office aims to deepen engagement with Karnataka in key sector...
- US stocks: Amazon beats estimates for quarterly cloud revenue growthAmazon Web Services cloud revenue surged significantly, surpassing market forecasts. This strong performance was fueled by increased enterp...
- If CrAIze slows, India can play catch-upWall Street banks are now creating AI bonds as a solution to manage credit risk, reflecting investor worries over extensive borrowing for A...
- It’s cool, calm, collecting: Why data centres won’t cripple consumer availability of water and powerGlobal tech giants are investing billions in Indian data centers for digital sovereignty. These facilities are essential for India's nation...
- 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...
- 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...
- US House Democrat asks Musk to answer for polluting xAI data centersA US Representative has requested documents from Elon Musk concerning his AI data centers. He seeks information on turbines, emissions, and...
- GenAI may replace up to 12% of India's non-farm jobs, says Goldman SachsGenerative AI could substitute twelve percent of Indian non-agricultural jobs. Forty-eight percent of jobs will likely be complemented by t...
- 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...
- Nvidia-backed neoclouds hover over India to lease data centre capacityCoreWeave, Together AI, Nebius, Lambda Labs, Crusoe and Nscale are in various stages of discussions with companies such as Sify Technologie...
- 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...
- AMD to invest up to $5 billion in Anthropic; AI startup to buy up to 2 GW of chipsAMD has been seeking to expand its foothold in the fast-growing AI chip market as developers look to diversify beyond Nvidia, while Anthrop...
- AMD to invest up to $5 billion in Anthropic; AI startup to buy up to 2 GW of chipsAMD plans to invest up to $5 billion in Anthropic, alongside a major AI chip supply deal starting 2027. The move strengthens AMD’s position...
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