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AI startup Nava raises $22 million in round led by Greenoaks CapitalRTP Global and Unicorn India Ventures participated in the round. The company will use the fresh capital to expand its GPU compute and AI da...
Blackstone leads $600 million raise in AI cloud startup Neysa at $1.4 billion valuationBlackstone is leading a $1.2 billion investment in Neysa, marking what would be India's largest-ever funding round in the AI space. The rou...
Agnikul, NeevCloud to launch India’s first orbital AI data centre platformIndian space startup AgniKul Cosmos and cloud firm NeevCloud plan to launch an AI-focused data centre in low-earth orbit, with a proof-of-c...
Sify earmarks $5 billion to expand data hubs, add AI ops and GPUsSify Technologies plans to build smaller AI inferencing facilities in 20 tier-II cities as India is expected to be among the largest market...
AI 'bust' will be followed by huge bounce back: NTT CEO Abhijit DubeyDubey warned that the artificial intelligence "boom" is headed for a "bust" because enterprise demand is not keeping pace with the capital ...
Oracle stock stuns Wall Street: ORCL jumps 31% premarket on $500B AI cloud surge — from cloud laggard to Wall Street’s new AI darling, time to bet?Oracle’s meteoric rise stunned Wall Street as ORCL jumped 31% premarket, fueled by a $500B AI cloud revenue surge. From cloud laggard to AI...
Jio tops global telecom charts with 480 million usersReliance Jio has become the world's largest telecom operator, boasting over 480 million users, including 191 million on its 5G network. The...
Local audio brand forays into consumer AI hardware with AI-budsAmid sluggish demand in the wearables market, Hyderabad-based audio brand Mivi has invested $5 million in developing AI-powered earbuds for...
NTT CEO on China’s AI shift, India expansion, and future of data centersNTT DATA CEO Abhijit Dubey highlights China’s AI model DeepSeek's shift toward inferencing hardware. Despite disruptions, NTT maintains its...
Grant Thornton, Hiranandani-backed Yotta Data form alliance to market offeringsGrant Thornton Bharat and Yotta Data Services have partnered to offer integrated AI and cloud solutions. This alliance will leverage Yotta'...
What DeepSeek? Big tech keeps its AI building boom aliveAmid fears sparked by DeepSeek's AI breakthrough, major tech companies plan massive data center investments to meet growing AI demand. Desp...
'DeepSeek shows there is still room for better AI maths'Hiranandani Group leverages China's DeepSeek AI model, hosted in India, to offer free AI services to billions. This cost-effective approach...
Mukesh Ambani's plan to triple India's data centre capacity: key things to knowReliance Industries, led by Mukesh Ambani, plans to construct the world’s largest data center in Jamnagar, Gujarat. This venture includes p...
Tata Communications eyeing full-stack AI cloud platform to take on Reliance, US playersThe Tata Group's telecom and cloud services arm which acquired Nvidia GPUs last year, is launching ‘AI studio’ next quarter which will host...
AI! AI! AI! Mukesh Ambani goes gaga over artificial intelligence – Another 'Jio moment' in the making?Reliance AGM 2024: Mukesh Ambani, Asia's richest man, highlighted Reliance Industries' focus on artificial intelligence at this year's AGM....
AMD's latest AI solutions for data centres generate good interestThe largest data centre infrastructure providers, including Dell, have announced plans to integrate AMD Instinct MI300 accelerators across ...
Yotta Data Services to collaborate with Nvidia for GPU computing infrastructureWith this offering, Yotta customers will be able to train large language models and other AI workloads serving the growing needs of Indian,...