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DeepSeek slated to draw $7 billion in maiden fundraising, sources sayThe fundraising could value the company after the investment at between 350 billion yuan and 400 billion yuan, or between $52 billion and...
In China, AMD CEO Lisa Su is understated while Nvidia's Huang is more razzmatazzAMD CEO Lisa Su visited China, maintaining a low profile unlike Nvidia's Jensen Huang. This reflects differing strategies in China's crucia...
In China, AMD CEO Lisa Su is understated while Nvidia's Huang is more razzmatazzAMD CEO Lisa Su visited China, adopting a low-profile approach. This contrasts with Nvidia CEO Jensen Huang's more public engagement. Their...
US investigates alleged diversion of Nvidia AI chips through ThailandOBON Corp, a prominent player in Thailand's tech landscape, is embroiled in controversy over accusations of smuggling Super Micro servers p...
Is Thailand-based OBON Corp really 'Company-1', and were Nvidia chips sent to Alibaba? US probe tracks alleged AI server smuggling routeIs Thailand-based OBON Corp really 'Company-1', and were Nvidia chips sent to Alibaba? A new report says the US suspects AI servers with ...
Revamped Tata Neu to bet on loyalty, financial services: Tata Digital CEO Sajith SivanandanTata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services platform, focusing on payments, inve...
Waiting for DeepSeek: new model to test China's AI ambitionsDespite reports and rumours about its imminent release, DeepSeek's next-generation "V4" model is nowhere in sight. Speculation is also swir...
Adani eyes partnerships with Meta, Google amid data centre boomIndian billionaire Gautam Adani is in talks with American technology giants including Meta Platforms Inc. and Google for partnerships in hi...
Govt considering sustainable data centre policy: Karnataka IT MinisterKarnataka is developing a new sustainable data centre policy. This comes amid concerns about the significant water and energy consumption o...
Alibaba to open new data centres; unveils most powerful AI modelAlibaba announced plans to open its first data centres in Brazil, France, and the Netherlands, expanding its global AI infrastructure. Addi...
China spotlights major data centre project using domestic chipsChina Unicom has constructed a large data center utilizing domestically produced AI chips from Alibaba and other firms, aiming to reduce re...
Alibaba Cloud announces new data centres in Malaysia, the PhilippinesAlibaba Cloud has opened its third data centre in Malaysia and plans to launch a second in the Philippines by October. The expansion aims t...
ETtech Morning Dispatch: AI dragons are here; Indian cities & data centre boomHappy Thursday! Days after DeepSeek rattled the world, Alibaba enters the AI race with its new and low-cost Qwen 2.5 model. This and more i...
Tencent to invest $70 billion in 'new infrastructure'The announcement comes after call by Beijing last month for a tech-driven structural upgrade of the world's second-largest economy through ...
Alibaba cloud sees a bright lining in data localisationAlibaba Cloud entered into a partnership with ONGO Framework, an IT and digital solutions company, to provide services to 100,000 MSMEs in ...
Alibaba Cloud opens second data centre in IndiaAlibaba Cloud, the cloud computing arm of Alibaba Group, has launched its second data centre in India, with a new 'availability zone' in Mu...
Alibaba backs data localisation in IndiaAlibaba Cloud president Simon Hu said the company is keen on data localisation in every country to promote data security, citing that build...
Alibaba Cloud extends coverage to Indian enterprises, targets SMEAlibaba Cloud now has 33 availability zones across 16 economic centres globally, with coverage extending across China, Japan, Australia, Eu...
Enterprise software firm Deskera to expand India operationsShashank Dixit, CEO, Deskera said the company planned to invest about Rs 125 crore towards a proposed new data centre in Andhra Pradesh.
Alibaba may set up a technology development centre in IndiaChinese ecommerce giant Alibaba Group is evaluating options to set up a technology development centre in India in yet another global endors...