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Ex-Intel exec Raja Koduri's OXMIQ raises $35 million to build licensable AI chip architectureAI chip startup OXMIQ, founded by former Intel executive Raja Koduri, has secured $35 million in Series A funding. The company aims to demo...
01 Jul, 2026, 08.15 PM IST
Short seller Jim Chanos doubts SpaceX valuation, says IPO fueled by 'hopes and dreams'Renowned short seller Jim Chanos questions SpaceX's massive IPO valuation. He believes the company's worth is inflated by future hopes, not...
11 Jun, 2026, 03.14 PM IST
Microsoft takes over Stargate data center from OpenAI in NorwayMicrosoft will rent 30,000 additional Nvidia Vera Rubin chips from neocloud provider Nscale at a campus inside the arctic circle in Narvik,...
14 Apr, 2026, 10.47 PM IST
Meta, CoreWeave deepen AI cloud partnership with fresh $21 billion dealMeta Platforms and CoreWeave have signed a new $21 billion deal for additional cloud computing capacity. This is to enhance Meta's AI model...
09 Apr, 2026, 08.34 PM IST
Blackstone-backed Neysa will go public in next few years, says CEO Sharad SanghiSingh was speaking at the ET AI Conclave in Bengaluru. The cloud infrastructure startup, which offers compute power and software tools to b...
26 Feb, 2026, 08.59 PM IST
Blackstone leads $600 million raise in AI cloud startup Neysa at $1.4 billion valuationBlackstone is leading a $1.2 billion investment in Neysa, marking what would be India's largest-ever funding round in the AI space. The rou...
16 Feb, 2026, 06.01 AM IST
Andreessen Horowitz makes a $3 billion bet against the AI bubbleThe venture capital firm, which goes by the nickname a16z, set up a dedicated $1.25 billion war chest in 2024 for bets on AI infrastructure...
19 Jan, 2026, 06.30 PM IST
Microsoft to rent Nscale AI data center capacity in PortugalMicrosoft will rent capacity from Nscale at a data center in Portugal. The project, which will use Nvidia's latest AI chips, will be hosted...
14 Oct, 2025, 09.05 PM IST
AI infra firm RackBank gets land in Indore, Raipur for data centresRackBank plans to grow data centers in cities like Indore and Raipur. This move aims to cut operational costs significantly. The company re...
08 Jul, 2025, 11.43 AM IST
CoreWeave to offer compute capacity in Google's new cloud deal with OpenAICoreWeave has secured a major partnership involving Google and OpenAI, supplying GPU-based cloud capacity to Google Cloud will then sell it...
12 Jun, 2025, 07.48 AM IST
Microsoft hosts developer conference as focus grows on AI profitsAt its annual developer conference, Microsoft highlighted growing AI demand and its shift towards cost-efficient optimisation. While deepen...
19 May, 2025, 09.43 PM IST
Nvidia software aims to create marketplace for AI computing powerNvidia cloud vice president Alexis Bjorlin said that despite demand surging for chips at startups and large companies, the process of findi...
19 May, 2025, 12.36 PM IST