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AI INFRASTRUCTURE
Why did Akamai stock surge after Anthropic’s $11.6 billion deal?Akamai shares surged after announcing an $11.6 billion, seven-year cloud computing deal with Anthropic, potentially expanding to $20 billio...
Nebius shares rally up to 8%: What’s driving the AI rally?Nebius Group shares gained as BNP Paribas upgraded the stock and raised its target, while planned AI cloud price hikes fuel growth expectat...
Oracle, Blue Owl project delay sends ripples through AI financingOracle's move to protect itself against potential delays at a massive data center project developed by Blue Owl in New Mexico sent a chill ...
Govt eyes Rs 20,000 crore fund to power up frontier AI and compute ecosystemThe proposed National Frontier AI & Compute Fund (NFAICF) under the IndiaAI Mission is still under consultation, and its final size, struct...
62 generators, no permits: New Jersey data centre's $1 million fine exposes the regulatory challenge of powering artificial intelligence & how fast AI infrastructure can be builtDataOne, an AI data centre in Vineland, New Jersey, has been fined $1.07 million by NJDEP. State inspectors found unpermitted natural-gas g...
Telangana targets 5 GW data centre capacity by 2029The state currently has 300 MW of data centre capacity already operational, while another 2 GW is under development. The capacity spans glo...
BlackRock, IFM close in on $25 billion Stack data center deal: BloombergGlobal investors have been pouring money into Asia's booming data center sector, driven by rising demand for cloud computing, AI and digita...
India, US discuss boosting AI economy through energy, digital infrastructure at UNGAA roundtable discussing US-India partnership in artificial intelligence and energy was hosted by the Indian Consulate. The event gathered o...
Mavenir, Neysa partner to offer sovereign AI infrastructure to telcos, enterprisesNeysa, founded in 2023 and headquartered in Mumbai, provides AI cloud infrastructure, combining GPU compute, inference, orchestration and A...
India can become an AI infrastructure hub for Global South: Microsoft's Puneet ChandokMicrosoft has launched the India South Central Cloud Region in Hyderabad, its fourth in the country, following the existing ones in Mumbai,...
Govt pushing for public-private collaboration in data infrastructure, says MoS Commerce Jitin PrasadaThe central government emphasized that it wants both the public and private sectors to collaborate to drive investments, generate employmen...
India likely to emerge as global leader in number of AI projects: Microsoft India's Rajiv KumarAddressing the Microsoft AI Infrastructure Summit India, Kumar highlighted the transition to AI presents companies with the challenge of bu...
MeitY Secretary urges Microsoft to locate future data centres closer to power generation hubsMeitY Secretary S Krishnan urged Microsoft to build data centers near power generation sites. This move would significantly reduce electric...
Microsoft launches fourth India cloud region in Hyderabad to meet AI demandThe Hyderabad region has three availability zones and is built for AI workloads from day one, adding to Microsoft’s existing cloud regions ...
Satya Nadella addresses “IDEAS4INDIA”: Indian American Tech CEOs Forum hosted by CGI SeattleIndia’s Consulate in Seattle brought together more than 40 Indian-origin technology CEOs and CTOs, including Microsoft’s Satya Nadella, to ...
Oracle's $18 billion data center debt under pressure, FT reportsThe development comes amid concerns that growing local opposition to the project over fears it would impact water supply and air quality co...
AI infrastructure provider Crusoe valued at $30.9 billion in latest funding roundThe Series F round was co-led by Atreides Management, Mubadala Capital and Valor Equity Partners, alongside significant backing from new an...