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AI INFRASTRUCTURE
Lightstorm secures ₹2,500-cr debt for AI fibre networkLightstorm has raised ₹2,500 crore from IndusInd Bank to build AI-focused fibre infrastructure connecting major data centre clusters across...
As AI moves beyond pilots, Dell Technologies sees India entering a new phase of enterprise adoptionAgentic AI, infrastructure modernisation, and growing boardroom interest are driving Indian enterprises from experimentation to execution.
Firmus nearly doubles valuation to over $10.5 billion in 4 months with Nvidia-backed fundraiseFirmus secured two billion dollars in equity funding this week. This investment brings the company's valuation to over ten point five billi...
ETMarkets Smart Talk | AI infrastructure, not just AI software, will drive India's next wealth cycle: Amit JoshiFrom data centres and power transmission to manufacturing and the energy transition, these sectors are emerging as the real enablers of the...
SpaceX advances $1 trillion revenue target to 2030, Musk saysSpeaking to investors, Musk said the company’s internal financial projections had shifted from reaching the milestone in 2031 to 2030, addi...
Microsoft opens its largest India data center hub as AI race heats upMicrosoft launched its largest India data center in Hyderabad on Thursday. This new facility brings Microsoft's cloud regions in India to f...
US stocks may have more room to rally as earnings, AI spending support marketStrong corporate earnings, sustained AI infrastructure spending and easing valuation concerns have strengthened confidence in the US stock ...
Global Market: Europe’s tech giants emerge as surprise AI winners as enterprise adoption takes offEurope’s established technology companies are emerging as unexpected winners of the AI boom as enterprises move from experimentation to lar...
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...
The AI competition paradoxChina's open-source AI models are challenging US dominance, driving intense competition. Chinese firms are gaining market share through low...
Europe's established tech firms emerge as unexpected AI winnersSAP, Capgemini, Sopra Steria and OVHcloud have all reported stronger demand, faster growth or upgraded outlooks as companies move from expe...
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...
AMD's AI-powered revenue forecast fails to wow investorsYet, its shares fell nearly 9% in extended trading, suggesting that investors were looking for an even stronger outlook after the stock mor...
SK Hynix rises 5% as brokerages launch coverage with bullish ratingsSK Hynix shares jumped five percent as brokerages began coverage with positive assessments, spurred by the company's strong position within...
AI cloud startup Volta valued at $2.4 billion, announces $10 billion AI partnershipVolta Infra, a new AI startup, secured a significant cloud contract. This deal is reportedly with Anthropic for European cloud computing se...
Meta cut 8,000 jobs. CEO Mark Zuckerberg says AI is creating more work—but not inside MetaMeta's chief executive states artificial intelligence generates jobs via infrastructure demands. Thousands of corporate roles disappeared w...
Global Market: SoftBank earnings in focus as AI investment push raises funding, debt questionsSoftBank faces investor scrutiny over financing its AI expansion and managing debt. The company plans to fund significant AI commitments wh...
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...
Sarvam to raise $75 million from Nvidia, Glade Brook, others as part of ongoing funding roundSarvam AI has secured $75 million from Nvidia and other investors. This investment is part of a larger $300 million funding round. The comp...
Assam launches its first GPU cluster to power government-owned AI infrastructureAssam has launched its first government-owned GPU cluster for AI. This secure infrastructure will power the next generation of public servi...