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Meta data center boosts Alberta appeal for hyperscalers, Capital Power saysMeta's plan to build a C$13 billion ($9 billion) data center in Alberta has boosted the Canadian province's appeal for hyperscalers, who se...- ESDS Software shares snap 3-day fall, hit 5% upper circuit. What should shareholders do?Shares of ESDS Software Solutions snapped a three-day falling streak on Monday, hitting a 5% upper circuit at Rs 1,622. After surging 325% ...
- Microsoft's new India cloud region to use effectively 'zero water' for cooling: President Puneet ChandokAddressing the Microsoft AI Infrastructure Summit India, Chandok announced the company's fourth cloud region in India - India South Central...
- AI could double US GDP growth to 4% next year amid capital hurdles, says Elon MuskThe projection comes at a time when the broader artificial intelligence investment landscape encounters its first major macroeconomic test,...
- Nabfid sanctions Rs 3,000 crore-plus loans to at least four data centres as AI capex accelerates in IndiaNabfid is sanctioning significant loans for India's growing data center infrastructure needs. These facilities support the nation's push fo...
- US Market: Fed's Warsh points to AI investment, geopolitical risks for higher yieldsFederal Reserve Chair Kevin Warsh said rising bond yields reflect economic strength, heavy capital investment in AI and data centers, and g...
- EQT Group plans to invest $50 billion in India by 2030: Jean Eric Salata, ChairmanSwedish buyout firm EQT plans to invest $50 billion in India over the next four years, roughly twice the $26 billion it has invested since ...
- Chip verification startup VerifAIX raises $5 million from Endiya, Bluehill VCThis is the company’s first institutional fundraise and will be used to advance its product, expand customer deployments, and grow its engi...
- 'Indian economy more likely to be resilient rather than becoming more vulnerable': CEA V. Anantha NageswaranIndia's economy shows resilience despite global geopolitical and financial challenges. Strong bank credit and GST collections support this ...
- Investors nervous about AI spending slowdown after industry warningsRecent dire pronouncements about AI potentially endangering humanity were followed over the weekend by calls from AI leaders, including Ant...
- CLSA hikes Sterlite Tech share price target by 47%; maintains Outperform call on stock that’s up 775% YTDSterlite Tech shares gained 2% after CLSA raised its target price by 47% to Rs 1,400, implying a 55.55% upside, while retaining its Outperf...
- Slow the AI race? Investors weigh the potential costCalls to rein in the development of ever more powerful AI models are fuelling fears over the massive capital outlays in the sector -- and t...
- Will Wall Street crash today? Nasdaq futures tumble nearly 2% as AI stocks plungeNasdaq futures fell as OpenAI and Anthropic leaders urged slower AI development for safety. Investor Michael Burry criticized these warning...
- AI infrastructure struggling to keep pace with surging demand; real economy holds bigger opportunity: Goldman SachsAt the same time, the technology industry is debating whether to slow the pace of AI development. Anthropic CEO Dario Amodei advocated slow...
- Sterlite Tech shares in focus as firm secures US certification for AI data centre fibre assembliesSterlite Technologies secured US certification for its indoor optical fibre assemblies designed for AI data centres. The company is targeti...
- IPO-bound Yotta plots $12 billion next-gen Nvidia chip orderThe Hiranandani Group’s data centre arm has already deployed 40,000 graphics processing units (GPUs) at an investment of $1.8 billion by Ju...
- Fortune Hospitality plans Rs 60,000-crore AI data centre parkAccording to company documents, the proposed Fortune Data Center Park will come up on about 170 acres in Kandukur Mandal of Ranga Reddy dis...
- Global Market: Amazon diversifies debt funding with first Sterling bond offeringAmazon has launched its first sterling-denominated bond sale, with four maturities ranging from three to 19 years, as hyperscalers diversif...
- Mumbai set to hold 68% of India's data centre capacity by 2030Mumbai's data centre capacity will reach sixty-eight percent by 2030. This expansion reflects sustained demand from financial institutions ...
- Amazon hires banks for first ever sterling bond saleAmazon has engaged banks to facilitate its inaugural sterling bond sale, targeting a range of maturities. This initiative aligns with the t...
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