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AI AND CLOUD INFRASTRUCTURE
Over 78% of firms expect AI agents to handle customer support within 18 months, Adobe findsIndian businesses are racing towards AI-powered customer support, with nearly 78% expecting AI agents to handle interactions soon. However,...- Anthropic expands hiring for AI infra roles in A-Pac amid surge in demandThe hiring push comes as Anthropic works to expand its computing capacity beyond the US. The company had said in a blog post in April that ...
- EU targets Amazon, Microsoft cloud units for Big Tech 'gatekeeper' rulesEU antitrust regulators are eyeing Amazon and Microsoft's cloud services, AWS and Azure, as potential 'gatekeepers' under new tech rules. T...
- Amazon's record USD 48 billion investment shows growing interest across the world to invest in India, says PM ModiAmazon is set to invest a record $48 billion in India between 2026 and 2030, with over $21 billion earmarked for AI and cloud infrastructur...
- Amazon to invest additional $13 billion in India AI, cloud infrastructure by 2030Amazon is injecting an additional $13 billion into India's AI and cloud infrastructure by 2030, bringing its total planned investment to ov...
- Amazon CEO Andy Jassy meets PM Modi; announces plans to invest $48 billion in India by 2030Amazon CEO Andy Jassy met PM Narendra Modi, announcing a significant $13 billion investment to bolster AI and cloud infrastructure in India...
- Maharashtra CM meets Amazon CEO, invites company to invest in data centres, healthcareMaharashtra Chief Minister Devendra Fadnavis met Amazon CEO Andy Jassy, urging investment in the state's data centres, healthcare, and AI-d...
- Nomura cuts target price of this AI, data centre beneficiary company. Here’s whyNomura remains positive on Anant Raj despite trimming earnings estimates and lowering its target price due to slower cloud ramp-up and proj...
- Cerebras' first earnings test: Revenue soars, profitability remains the challengeCerebras posted strong first earnings as a public company, with revenue nearly doubling to $193.4 million and losses narrowing, but shares ...
- US remains global leader in AI, but China rapidly closing gap with cheaper models: JP MorganThe United States stands at the forefront of AI development, yet China is swiftly closing the gap with cost-efficient AI systems. Chinese c...
- Reliance 3.0: Mukesh Ambani is preparing for a brave post-Jio worldIn a pivotal shift towards innovation, Reliance Industries unveils Reliance 3.0, moving away from its conventional oil and consumer busines...
- Chevron signs pact with Microsoft for powering its Texas data centreChevron and Microsoft have partnered for a 20-year deal to power a Texas data center. The Kilby facility will supply 2.67 gigawatts using G...
- ArcelorMittal partners with AWS to automate global operationsSteel giant ArcelorMittal is joining forces with Amazon Web Services (AWS) to revolutionize its global operations. By integrating AWS's clo...
- Indonesia plans to embed AI in key programmes, including $15 billion free-meal drive, document showsIndonesia's progress on AI has been slow when compared with Singapore and Malaysia. They are pushing to establish themselves as developme...
- AI boom heading for a dot-com-style bust? ‘Dean of Valuation’ Aswath Damodaran warns correction could be more painful than 2008Global finance expert Aswath Damodaran warns AI's massive infrastructure spending, funded by debt, poses a greater risk than the dot-com cr...
- Reliance seeks to build India's sovereign AI backbone; unveils Jio call agent and AI home platformReliance Industries is building India's sovereign AI backbone. The company is partnering with Google and Meta. New AI-powered applications ...
- RMZ to ramp up data center capacity with $35 billion push, exec saysThe Bengaluru-headquartered company, which currently has 250 megawatts of capacity, is in the final stages of discussions for three data ce...
- Amazon in talks to sell custom AI chips in bid to cut Nvidia’s dominanceAmazon is planning to sell its custom artificial intelligence chips to other companies. This move aims to compete with Nvidia's strong hold...
- Europe frets about US AI as tech world flocks to France for G7, VivaTechEuropean leaders and tech executives are focusing on technological sovereignty. Discussions at G7 and VivaTech highlight concerns about Ame...
- Red Hat sees an opening as Indian enterprises turn to AI sovereigntyIndian businesses are increasingly opting for Red Hat's open-source solutions to gain control over their AI and cloud infrastructure, said ...
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