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Sterlite Tech shares jump 5% after CLSA upgrades 2026 multibagger after strong Q1 resultsSterlite Technologies shares surged after CLSA upgraded the stock to ‘Outperform’ and set a target price of Rs 950, implying a potential up...
Inside India's AI skilling push: 27 labs, 21 states, one still waitingIndiaAI has set up 27 data and AI labs, with 188 more planned, while over 5,500 people have enrolled for AI training.
Global Market Update | South Korea's Naver jumps 10% on Nvidia's $1 billion investment planNvidia will invest one billion dollars in Naver's new shares. This investment supports expanding an AI data center project in South Korea. ...
South Korea's SK Hynix, Samsung Electronics sign $950 billion partnership with US big techThe partnership includes the long-term supply of $750 billion in memory chips to US companies by SK Hynix and $200 billion in chips by Sams...
Nvidia, SK Group unveil $500 billion-plus AI data centres initiative, memory partnershipAs part of the initiative, SK Telecom plans to build a 2-gigawatt AI data centre powered by Nvidia's Vera Rubin chips and SK Hynix's HBM4 ...
South Korea President Lee looking to open new era of AI in with global tech companiesPresident Lee delivered a keynote address unveiling a "San Francisco AI Declaration" that outlined South Korea's AI ambitions and its visio...
Sterlite Tech Q1 Results: Profit skyrockets 870% YoY to Rs 197 crore as AI data centre orders lift earningsSterlite Technologies reported record quarterly revenue and profit, driven by strong AI-led demand for optical connectivity and data centre...
HCLTech to invest $1.48 billion in AI data center, open 5,000-seat tech hubHCLTech will invest $1.48 billion to set up its first AI data centre in Odisha with Sarvam AI, as Indian IT firms expand into AI infrastruc...
HCLTech to set up Rs 14,257 crore AI data centre in Odisha with SarvamHCLTech will establish its first AI Data Center in Odisha. This significant project involves a capital outlay of Rs 14,257 crores. The init...
AI Powerplay! Proxy power stocks give up to 100% returns in India's hottest trade this yearIndia's power and electrical equipment stocks have emerged as key AI proxy plays, with names like Hitachi Energy, Kirloskar Oil Engines and...
Centre to back 20 sovereign AI modelsThis includes 30 billion and 105 billion parameter models by Sarvam AI, a speech-to-speech model by Gnani.AI, BharatGen's multilingual foun...
Global Market: Nokia Q2 profit beats estimates on strong AI, cloud demand; raises full-year outlookNokia reported stronger second-quarter earnings, surpassing analyst expectations significantly. Robust demand from artificial intelligence ...
India's data centre sector poised for growth, but land, power access issues remain: ReportIndia's data centre sector is set for significant expansion as rising artificial intelligence (AI) adoption, cloud computing and enterprise...
Intel, AMD sign long-term server CPU deals with Chinese clients as prices surgeThe move highlights a broader consequence of the AI boom: demand has spread beyond AI accelerators to memory, networking gear and server pr...
HFCL to set up Rs 215-crore data centre connectivity products factoryHFCL's board approved a Rs 215 crore investment for a new manufacturing facility. This plant will produce advanced data centre connectivity...
AI-focused E2E Networks shares hit 5% upper circuit as firm swings to black in Q1, revenue soars 334%AI-focused cloud provider E2E Networks hit the upper circuit after reporting a sharp turnaround in Q1FY27, posting a net profit of Rs 44 cr...
Data centre component maker Zhongji InnoLight seeks $7 billion in Hong Kong listingThe listing, expected to take place on July 30, is the latest in a recent run of blockbuster debuts from Chinese AI-related companies in Ho...
Ships, Steel, Submarines and now, Servers: How Visakhapatnam is becoming India's new AI gold rushVisakhapatnam is building over 6GW of AI data centre capacity by 2030. Major companies like Google and Reliance are investing significantly...
Hut 8 signs $9.8 billion AI data centre lease, fully commercialises Texas campusHut 8 signed a second 15-year lease worth $9.8 billion. This agreement fully commercialises their 1-gigawatt Beacon Point campus in Texas. ...
AI's data centre boom is becoming a political problem across the globeAs governments race to attract AI investments, data centres are facing mounting opposition worldwide over their massive land, power and wat...