In a strategic move, Schneider Electric has agreed to acquire PTC for $22.6 billion in cash. The acquisition reflects ongoing shifts in the...

French energy and software group Schneider Electric said Monday that it would buy PTC, a US-based maker of software for industrial clients,...

Shinichi Uchida, the Deputy Governor of the Bank of Japan, underscored the significant influence of artificial intelligence on the financia...

They highlighted these demands at a closed-door meeting on ‘Financing India’s Frontier & Compute Ecosystem’ convened in Delhi by the IndiaA...

The new COO, Justin Osofksy, worked at Meta for 18 years in various executive roles and was most recently its chief partnerships officer.

In a bold move, Amazon has pledged to pour more than $1 billion into the communities hosting its data centers, aiming to alleviate worries ...

By Saeed Azhar, Max A.- Nvidia's mammoth financing plan has opened a debate on Wall Street about how much its advanced chips and the infras...

Google Translate once struggled with long sentences because its software processed language one word at a time. This sequential reading app...

India's rising interest in artificial intelligence is prompting Axis Bank to expand its lending to data centres. With demand for large-scal...

Happy Thursday! Demi-fine jewellery brand Palmonas is betting on offline stores, cofounder Pallavi Mohadikar said. This and more in today’s...

The IndiaAI Mission currently has access to about 30,000 GPUs against a total commitment of 45,000. Several firms that had committed capaci...

Data-flow chips have bounced around academic literature for decades without commercial traction, largely because they are difficult for sof...

Oracle stock: Oracle's move to protect itself against potential delays at a massive data center project developed by Blue Owl in New Mexico...

The AI startup said it plans to spend at least $111.1 billion with Google , $110 billion with Amazon and $31.4 billion with Microsoft under...

Data center operator DayOne is preparing for a potential US IPO in November, targeting a valuation near $20 billion. The company plans to f...

Hyperscaler cloud revenues could exceed $1 trillion annually by 2030, driven by expanding demand for computing resources required to train ...

DataOne, an AI data centre in Vineland, New Jersey, has been fined $1.07 million by NJDEP. State inspectors found unpermitted natural-gas g...