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CLOUD COMPUTING DEMAND SURGE
AI infrastructure provider Crusoe valued at $30.9 billion in latest funding roundThe Series F round was co-led by Atreides Management, Mubadala Capital and Valor Equity Partners, alongside significant backing from new an...
2026’s Best IPO: 325% gain in 7 sessions and now a third consecutive 5% lower circuit. What’s next for investors?ESDS Software Solutions has surged 325% in seven sessions after listing at a 76% premium, but the rally is now losing steam as the stock hi...
Nabfid sanctions Rs 3,000 crore-plus loans to at least four data centres as AI capex accelerates in IndiaNabfid is sanctioning significant loans for India's growing data center infrastructure needs. These facilities support the nation's push fo...
Nebius hikes AI cloud prices again as demand for computing power soarsDemand for computing capacity to train and run AI models is surging; rival CoreWeave said earlier in the day that it is signing contracts a...
UK silence over demand for Apple data access is farcical, lawyer saysThe British government's refusal to confirm whether it has issued an order to bypass encryption to access customer data held by Apple has b...
Cohere, Aleph Alpha combine to target enterprise AI marketThe combined business will operate as Cohere, with dual headquarters in Toronto and Berlin, while Aleph Alpha's Heidelberg office will focu...
Amazon's AWS is unable to restore access to Bahrain, one UAE cloud data zone after war damageAmazon's cloud computing unit AWS said the damage in Bahrain spanned multiple so-called availability zones, which are clusters of one or mo...
Google Drive has stopped Google Photos desktop backups: 4 best alternatives to save your pictures, videos and precious memories safely in the cloudGoogle Drive has stopped Google Photos desktop backups from August 10, 2026 and now users are looking for alternative options to safely sto...
US, India partner to secure undersea cable networks and expand digital connectivity under TRUST initiativePointing to India's crucial role in the expanding global network, the US Embassy highlighted that New Delhi's booming digital economy, surg...
Oracle shares rise as AI cloud backlog beats estimatesOracle shares rose significantly after reporting strong quarterly results. The company secured over thirty billion dollars in new AI cloud ...
Oracle earnings show slower cash burn as AI spending starts to pay off; stock jumps 4% after marketOracle’s latest earnings offered investors relief as stronger-than-expected revenue and a smaller cash burn eased concerns over its heavy A...
ESDS Software Solution jumps 5%, extends 6-session rally; shares up 287% from IPO priceESDS Software Solution shares extended their post-listing rally to six sessions, surging 287% from the IPO price. Strong issue demand, risi...
Oracle tops estimates as AI demand tempers cash-burn fearsShares of the company, which have slumped more than 21% this year, rose 4% in extended trading after Oracle reported a jump in revenue back...
Avisirah Technologies’ Navi Mumbai AI data centre gets ₹75 crore funding from Syndicate FinanceAvisirah Technologies has successfully secured a ₹75 crore loan to bolster its data centre in Navi Mumbai. This recent funding follows an e...
ESDS Software shares plunge 8% after skyrocketing 235% from IPO price in 4 days. What lies ahead?ESDS Software Solutions shares fell sharply on Thursday after surging 235% from their IPO price in four sessions. While strong demand for c...
ESDS Software surges 235% in 4 sessions as AI infra fever grips marketsAfter the recent launch of its IPO, ESDS Software Solutions has seen a noteworthy increase in stock performance, indicating strong investor...
Explosive Gains! ESDS Software shares skyrocket 195% from IPO price in 3 sessionsESDS Software shares extended their post-listing rally for a third session, rising 16.21% to Rs 1,266, nearly 195% above the IPO price of R...
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...
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 ...
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 ...