Searched for
AI INFRASTRUCTURE SPENDING
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...- India’s AI spend set to cross 21% of IT budgets by 2027: ServiceNowIndian AI investment surged significantly, outpacing global growth rates. However, widespread AI readiness and risk assessment processes re...
- French AI company Mistral hits $24 billion valuation in funding roundMistral said that the round was jointly led by existing investor PSG Equity, along with South Korea's Samsung Electronics and the EU-backed...
- Global IT firms outpace India-listed rivals on AI, consultingData from Kotak Institutional equities showed Accenture, the global market-cap leader in pureplay IT services, posted a 3% revenue growth i...
- China’s AI capex jumps 105% YoY, but Jefferies says US cloud giants face greater risksChinese tech giants sharply increased AI capital expenditure in Q2 2026, driven by inference demand and chip availability. However, Jefferi...
- UK's IQE swings to first-half profit and sees more AI data centre upsideBritish chip maker IQE reported a first-half profit, supported by strong AI demand. The company maintained its annual outlook, exceeding ea...
- 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...
- US Market: Rising R-star adds to pressure on US Treasury yields as AI investment, borrowing lift demand for capitalUS Treasury yields are rising partly on expectations that R-star, the economy’s neutral interest rate, may be structurally higher. Heavy go...
- AI startup Crusoe valued at $30 billion after new fundingSeparately, the startup has signed a five-year cloud contract with trading firm Jane Street Group valued at around $13 billion, Bloomberg ...
- If Europe's AI sovereignty relies on Mistral, 'we're doomed': French finance ministerEuropean sovereignty in artificial intelligence (AI) cannot depend on a single startup like Mistral, France's Finance Minister Roland Lescu...
- Broadcom raises AI chip forecast as Big Tech keeps writing bigger checksThey have gained about 6% this year, significantly underperforming rivals and the broader semiconductor index, as AI spending concerns an...
- From claims to evidence: Why your university's AI readiness needs to be measurableAs universities increasingly talk about becoming AI-ready, the more important question is how that readiness can actually be demonstrated. ...
- 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...
- With Catalyst 3.0, Zoho focuses on what happens after AI writes the codeCatalyst 3.0 is Zoho’s attempt to close that gap by connecting AI coding assistants directly with the cloud infrastructure needed to run an...
- India could be a big winner in AI data centre boom, but power demand may be the catchIndia is set to gain significantly from the global AI data centre expansion. Demand for local cloud infrastructure and sovereign AI is driv...
- Anthropic signs $35 billion cloud deal with Nvidia-backed LambdaAnthropic has signed a cloud-computing deal worth $35 billion with Lambda, a cloud provider backed by Nvidia, for a Texas data centre. The ...
- India preparing rollout of agentic payments on UPIWhile leading payment companies have launched such frameworks in the U.S., Europe, Singapore and Australia, a rollout on the popular Unifie...
- 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...
- Indian IT companies may see growth recovery from FY27 as AI spending shifts to enterprise adoptionIndian IT firms anticipate robust growth starting FY27. Global technology spending will shift towards AI deployment and integration. This t...
- Nvidia rises after signaling longer AI spending runwayThe world's most valuable company projected 70% revenue growth next fiscal year and forecast current-quarter sales above Wall Street estima...
Load More
