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AI COMPUTING BOOM
Empower India eyes major gains from AI computing boom via sustainable infra pushAnticipating a boom in the AI computing landscape, Empower India is taking strategic steps towards enhancing sustainable digital infrastruc...- Data centres are coming. Where will India find the people to run them?India's data centre capacity is set to grow significantly by 2030. This expansion will create numerous jobs across various sectors, includi...
- AI's left hand begins to take away jobs before its right hand canIn response to soaring chip prices, Samsung India is downsizing its electronics division. The burgeoning demand for specialized chips fuele...
- Shenzhen Longsys Electronics secures $903 million funding to boost AI data center technology expansionShenzhen Longsys Electronics raised over seven billion Hong Kong dollars in its recent stock offering. This significant capital infusion is...
- Can Big Tech’s $1-trillion AI bet pay off? Jefferies explains why it remains bullishJefferies remains bullish on Big Tech’s $1-trillion AI investment despite near-term financial pressure. Rising customer backlogs, strong cl...
- Nvidia buying artificial intelligence platform Hugging Face for $13 billionJensen Huang wrote in a blog post Thursday that more than 18 million developers, researchers and creators use Hugging Face to share more th...
- Reliance Jio launched JioPC starting at Rs 1,000, offering up to 16GB RAM and 1TB storage via cloud that can make even slow, 8-year-old computers work fasterJioPC: Reliance Jio has launched JioPC as a standalone cloud computing subscription service, open to users regardless of their telecom or b...
- Microsoft reveals Azure cloud sales in financial reporting shiftMicrosoft said that Azure had $29.4 billion in sales in its most recently ended quarter and $101.9 billion in sales in its most recent fi...
- 'Move faster': Nvidia’s Jensen Huang has an AI message for India, the world’s leading IT powerNvidia CEO Jensen Huang has urged India to move faster in the artificial intelligence race and build a strong domestic AI economy by levera...
- AI boom is testing tech firms' climate pledgesTechnology companies are stepping up their climate commitments but not fast enough to counter rapidly inflating energy needs linked to the ...
- Musk’s $60 billion Cursor bet has an Indian link: Meet 26-year-old Aman Sanger caught in Sam Altman feudAman Sanger, the 26-year-old co-founder of AI coding startup Cursor, is at the centre of Elon Musk’s $60 billion SpaceX acquisition. Born t...
- Dell again lifts annual forecasts as AI demand powers record resultsDell raised its annual revenue outlook to $192 billion from $167 billion and adjusted earnings per share forecast to $25.50 from its earlie...
- Global Market: Data centre boom fuels demand for power, cooling equipment suppliersThe global AI data centre boom is creating fresh opportunities for power and cooling equipment suppliers as developers race to overcome inf...
- Yotta targets Jan-March 2027 IPO, seeks up to $1.5 billion amid AI boomYotta Data Services is gearing up for an initial public offering scheduled for early 2027, aiming to secure as much as $1.5 billion to sett...
- Global Market: AI hardware demand powers Asia’s manufacturing growth in AugustAI hardware demand helped sustain manufacturing growth across several Asian economies in August, with China, Japan and South Korea recordin...
- Oracle layoffs September 1: Will employees wake up to another ‘6 a.m. email’ tomorrow after 21,000 jobs were cut as AI spending soars?Oracle layoffs 2026: Employees are reportedly bracing for another round of job cuts after Oracle eliminated around 21,000 positions earlier...
- AI and robotics drive an IPO boom in China as Shein lists in Hong KongIn the latest big stock listing, shares in China-founded e-commerce and fast fashion giant Shein are due to debut Tuesday in Hong Kong in a...
- Nvidia’s 70% sales growth forecast sends a message to AI doubters. What did CEO Jensen Huang say?Nvidia has forecast a 70% jump in revenue for fiscal 2028, signalling that strong AI computing demand remains intact despite memory supply ...
- Nvidia shares rally 5% after stellar Q2; revenue guidance for 2028 tops analyst estimatesNvidia shares jumped 5% in extended trading on Wednesday after the chipmaker reported stellar Q2 results and forecast 70% revenue growth fo...
- Nvidia investors beware: Firm flags 2 risks after better-than-expected Q2 earningsNvidia’s AI boom remains strong, but rising memory costs and growing debt are emerging as key risks. The chipmaker expects gross margins to...
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