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India's data centre footprint to touch over 101 million sq ft by 2030India’s data centre footprint is projected to exceed 101 million sq ft and capacity 6.7 GW by 2030, driven by cloud adoption, AI, digital p...
Mukul Agrawal-backed ESDS Software Solution sets price band for Rs 720 crore IPO. Check key detailsESDS Software Solution Ltd has set the price range for its initial public offering, valued at Rs 720 crore. The IPO is set to open for publ...
- Samsung, SK Hynix stand to benefit as Nvidia AI server costs surge
Server manufacturers notified major data center customers, including Microsoft, Google, and Oracle, that prices for Nvidia-based AI systems...
TCS to buy Porsche's IT unit, bags five-year deal worth $1.4 billionTCS Porsche IT unit acquisition: Porsche is a net new client for TCS and the deal will be a fresh one for the company. The acquisition will...
Trump-linked RUM Group signs $13.7 billion AI deal with US-based cloud clientUnder the deal, the customer will get access to GPUs and related services from RUM Group's Maysville, Georgia site, which is currently un...
Global Market: Alibaba shares slide after $10.2 billion share placement to fund AI expansionAlibaba shares fell as much as 10% after the company launched a $10.2 billion share placement to fund AI expansion. The discounted offering...
Nvidia discusses Perplexity investment at $30 billion-plus valuationNvidia is discussing investing in Perplexity as part of an equity round that would value the AI startup at more than $30 billion, the I...
Alibaba stock slumps in Hong Kong after $10.2 billion share placement to fund AIAlibaba said on Sunday its HK$80 billion ($10.21 billion) share placement finalised at HK$112.70 apiece - an 8.4% discount to its Friday cl...
AI reshapes India's IT services sector contracts as clients demand more for lessOutsourcing giants like Tata Consultancy Services, Infosys, Wipro, HCLTech and Cognizant are rejigging business models, increasingly tying ...
AI reshapes India's IT services sector contracts as clients demand more for lessIndustry executives also say they are losing some work entirely as customers use AI to shift tasks in-house, while all the uncertainty that...
Nebius upsizes debt sale to $5 billion to fund data centres, AI platformThe Amsterdam-headquartered company plans to issue private convertible notes worth $3 billion maturing in 2030, and notes worth $2 billio...
Alibaba reports 9% rise in quarterly revenueAs businesses increasingly deploy artificial intelligence applications, demand for the cloud computing power needed to train and run those ...
India startup aims to compete with OpenAI in crowded voice arenaMurf AI has launched Falcon 2, a text-to-speech model designed to deliver human-like voices at lower costs and faster speeds. Priced at $0....
IT leans on model FinOps workstreams as scaling AI costs strain enterprise budgetsThe shift comes as enterprises turn AI usage into a recurring business expense and make cost and value management a larger part of AI trans...
Global Market: AI investment story shifts from spending to picking the winnersThe AI investment debate is shifting toward identifying sustainable winners as spending accelerates. Hyperscalers, semiconductor firms and ...
US Stock Market: Fed uncertainty, oil prices in focus as earnings sustain market optimismInvestors enter the week focused on interest rates, inflation and geopolitical risks, while strong corporate earnings support equities. The...
Andaman admin seeks firms to explore feasibility of AI data centre in Great NicobarThe Andaman and Nicobar administration seeks private companies for green AI data centres. Companies can explore feasibility for facilities ...
L&T secures mega order to build India’s largest NVIDIA B300 AI FactoryLarsen & Toubro will build India's largest single-cluster artificial intelligence infrastructure facility. This project marks the company's...
L&T bags mega ₹10,000-15,000 crore order to build India’s largest NVIDIA B300 AI factoryLarsen & Toubro will build India's largest AI infrastructure for Together AI. This mega order involves deploying ten thousand NVIDIA B300 G...
Nebius beats quarterly revenue estimates as AI demand fuels growthThe Amsterdam-based AI infrastructure firm reported total revenue of $582.3 million for the quarter ended June, compared with analysts' a...