Data center firm Switch taps banks for IPO that could value it up to $80 billionData center operator Switch is preparing for a significant initial public offering. This offering could potentially raise up to ten billion...
14 Jul, 2026, 09.02 PM IST
IBM warns AI boom is squeezing software budgets, triggers sector routSoftware investors have long been on edge over fears that AI tools capable of automating routine work could pose an existential threat to t...
14 Jul, 2026, 06.10 PM IST
New York becomes first US state to impose a data center moratoriumThe moratorium positions New York at the forefront of a growing national debate over how to manage the infrastructure needed to support art...
14 Jul, 2026, 05.03 PM IST
New York first US state to ban new data centres for a yearNew York has paused large data center construction for one year. This action addresses concerns about rising power costs and strained water...
14 Jul, 2026, 03.00 PM IST
HCLTech to invest Rs 3,500 crore in data centre businessThis came alongside the announcement of the IT company's June quarter result. HCLTech posted over 20% year-on-year rise in its consolidated...
13 Jul, 2026, 06.41 PM IST
White House to rally utilities, data centers over AI power costsThe White House plans a voluntary pledge for utility companies and data centers. This initiative aims to manage AI's growing electricity de...
13 Jul, 2026, 03.41 PM IST
Meta expands Louisiana data center to 5 gigawatts compute capacityMeta plans a significant expansion of its Louisiana data center to five gigawatts. This major investment will support the company's growing...
13 Jul, 2026, 03.38 PM IST
Data center pipeline faces construction delays, cancellations to mount through 2027: BernsteinGlobal data center capacity faces delays and cancellations until after 2026. Power and supply chain constraints are significantly impacting...
12 Jul, 2026, 09.58 AM IST
Meta announces $9.17 billion Canada AI data center that will consume electricity equal to 800,000 homesMeta will invest C$13 billion to build its first Canadian AI data center in Alberta. This massive facility will require electricity equival...
11 Jul, 2026, 11.49 AM IST
Kandou AI to open India chip design headquarters in HyderabadBharat Rashtra Samithi (BRS) Working President and former Telangana IT Minister KT Rama Rao on Friday said Kandou AI's decision to establis...
10 Jul, 2026, 09.03 PM IST
SpaceX's near-term AI payoff seen tethered to Earth, not outer spaceSpaceX's current value stems from building essential AI infrastructure on Earth. The company is generating significant revenue from terrest...
10 Jul, 2026, 08.18 PM IST
SpaceX's near-term AI payoff seen tethered to Earth, not outer spaceInfrastructure providers, particularly data centers, are poised to be among the biggest beneficiaries of the AI boom as businesses and cons...
10 Jul, 2026, 07.04 PM IST
This simple aluminum foil trick can help protect your contactless credit cards from unauthorized RFID scansIrish researchers demonstrated contactless card vulnerability to relay attacks. Two smartphones and WiFi can relay payment signals from a d...
10 Jul, 2026, 04.27 PM IST
Quote of the Day by Oscar Wilde: 'The books that the world calls immoral are books that show the world its own...' - The Irish literary icon's timeless reflection on literature's power to expose uncomfortable truthsOscar Wilde, a celebrated 19th-century writer, left a lasting literary mark. His works explored society and human nature with intelligence ...
10 Jul, 2026, 11.35 AM IST
Meta to build C$13 billion Alberta data center, its first in CanadaMeta has doubled down on AI, pledging hundreds of billions of dollars to build large AI data centers in the U.S. The Alberta announcement r...
09 Jul, 2026, 09.26 AM IST
Big Tech joins Calgary Stampede oil bash, as Canada courts data centersBig Tech companies are increasing their presence at the Calgary Stampede. Alberta is actively seeking data center investment, offering affo...
08 Jul, 2026, 04.10 PM IST
Blackstone's QTS terminates Digital Gateway data center project in VirginiaThe data center operator has faced years of local opposition and litigation over the project, despite it being approved by the Prince Wil...
03 Jul, 2026, 01.28 PM IST