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Nebius shares soar 22% as AI demand powers revenue beatNebius shares jumped nearly 22% after the AI cloud provider beat revenue estimates, driven by surging infrastructure demand, larger contrac...
90% of India’s GCC leaders confident through 2030, but AI literacy stuck at 27%India's Global Capability Centres are becoming AI hubs, but leadership AI literacy remains low. Most leaders are confident India will lead ...
Foxconn posts quarterly profit surge on AI server demandThe company said net profit for April-June reached NT$59.97 billion ($1.86 billion), up 35% from the previous year. Foxconn, whose official...
Oracle plans fresh layoffs as AI spending piles up billions in debt: ReportOracle is reportedly planning another round of job cuts. This move aims to reduce payroll while investing heavily in AI infrastructure. The...
L&T rejigs its digital infra business, transfers Vyoma.AI for Rs 1,400 croreLarsen & Toubro is transferring its data centre and cloud services business to Vyoma.AI. This significant restructuring involves a ₹1,400 c...
Lightstorm secures ₹2,500-cr debt for AI fibre networkLightstorm secured a Rs 2,500 crore debt facility from IndusInd Bank for AI fibre highways. This funding will support the company's AI infr...
Microsoft plans to unveil its new Maia 300 AI chip this fall: The InformationMicrosoft is planning to publicly unveil its new Maia 300 chip this fall, potentially as soon as next month, The Information reported o...
India’s GCCs trade hefty headcount for specialised talentGlobal Capacity Centres are becoming smaller and more engineering-focused. India's GCC market is projected to reach one hundred billion dol...
AI’s volatile power demand is damaging its own data centersAI data centres’ volatile power demand is damaging batteries, turbines and other equipment, raising downtime costs, delaying projects and c...
Data centre firm Switch confidentially files for US IPO: BloombergThe company operates large-scale data centre campuses that provide power, cooling and connectivity needed for AI computing, enabling cloud ...
Trump says Congress wants to regulate AI industry "out of business"President Trump opposes stricter artificial intelligence industry regulations proposed by Congress. Lawmakers are considering federal guard...
India's data centre capacity rises over four-fold to 1,575 MW as AI demand accelerates: GovtSince 2020, India's data centre capacity has surged fourfold to around 1,575 MW. This impressive growth stems largely from rising needs in ...
Sterlite Tech, HFCL gain 5% each on reports of US ban on Chinese data centre devicesShares of Sterlite Technologies and HFCL rallied 5% each after reports that the US administration is considering restrictions on Chinese da...
AMD forecasts strong revenue growth on AI chip demand, but investors seek bigger gainsAMD Earnings Report: AMD beat quarterly revenue and earnings estimates while forecasting stronger-than-expected Q3 sales, driven by AI chip...
Global Market: Oracle's AI spending spree pushes credit rating to brink of junk statusOracle's debt-funded AI expansion has intensified concerns over its financial health, with rating agencies warning of rising leverage as th...
Roll out the Durree for AI's AnnaDataIndia's data centre sector is attracting strong institutional investment, aided by infrastructure status, policy support and rising AI dema...
Data centres draw 40% of institutional capital in the June quarterData centres are now the second-largest investment recipient, attracting substantial institutional capital. Rapid AI adoption and cloud exp...
It’s cool, calm, collecting: Why data centres won’t cripple consumer availability of water and powerGlobal tech giants are investing billions in Indian data centers for digital sovereignty. These facilities are essential for India's nation...
Vertiv shares crash 14% in pre-market after Q2 revenue misses estimatesVertiv shares fell 14% in premarket trading after second-quarter revenue missed estimates despite strong profit growth. The AI data centre ...
Brookfield sees 6.5 GW of AI data-centre capacity coming online in IndiaBrookfield expects 6.5 gigawatts of AI data-center capacity to emerge in India. This growth anticipates rising AI inferencing demand across...