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M2P raises Rs 100 crore debt from Alteria to fund AI expansionThe three-year facility — M2P’s second debt raise — will largely finance AI product development and computing capacity, cofounder and chief...
Listing cloud still hangs over Tata sons with NBFC-UL tagTata Sons is now an upper-layer NBFC, requiring its stock market listing. The Reserve Bank of India is reviewing its deregistration applica...
JSW Energy RE arms borrow ₹4,000 cr from banks, NaBFIDJSW Energy's renewable arms secured over four thousand crore rupees in long-term loans. These funds will finance ongoing and future renewab...
India tops world in IPO count, ranks third in fundraising in FY26: SEBI Annual ReportIndia maintained its global lead in IPO numbers during FY2025-26. The nation secured third place worldwide for total funds raised through t...
Global Market: SoftBank's AI strategy stays on course despite flat OpenAI valuation in Q1SoftBank reported an 18% decline in first-quarter net profit, though earnings exceeded expectations as strong gains from Intel and ByteDanc...
Uttar Pradesh cabinet approves establishment of deep tech innovation centre U-HubUttar Pradesh will establish deep tech U-Hubs in Lucknow and Noida. These hubs will foster innovation and create thousands of technology jo...
SpaceX shares tumble 12%, fall below IPO price as AI spending concerns mountSpaceX has demonstrated accelerated returns on its AI investments, though investors express concerns regarding future funding for data cent...
Global Market: Europe’s tech giants emerge as surprise AI winners as enterprise adoption takes offEurope’s established technology companies are emerging as unexpected winners of the AI boom as enterprises move from experimentation to lar...
Europe's established tech firms emerge as unexpected AI winnersSAP, Capgemini, Sopra Steria and OVHcloud have all reported stronger demand, faster growth or upgraded outlooks as companies move from expe...
Macquarie in advanced talks to buy Fourth Partner EnergyMacquarie Asset Management is close to finalizing a major acquisition of a substantial stake in Fourth Partner Energy, a prominent renewabl...
AI cloud startup Volta valued at $2.4 billion, announces $10 billion AI partnershipVolta Infra, a new AI startup, secured a significant cloud contract. This deal is reportedly with Anthropic for European cloud computing se...
- Anthropic inks $10 billion computing deal with new cloud startup Volta Infra
Anthropic has secured ten billion dollars in computing capacity from Volta Infra Holdings. This deal aims to meet the growing demand for An...
Indian economy to hit USD 5-trillion mark in FY29 as per IMF: FMIndia's economic landscape is on a promising trajectory, aiming to exceed five trillion dollars by the fiscal year twenty twenty-nine. To a...
Credit to tech infrastructure sector doubles in two yearsBank loans for India's technology infrastructure sector have doubled in two years. This growth reflects India's position as a global hub fo...
CXMT plans second chip plant in Beijing and is in talks on its funding, sources sayChina's largest chipmaker CXMT is planning a new memory-chip plant in Beijing. This facility would be built in the Yizhuang area where anot...
India's data centre boom may drive 195 mn sq ft housing demandIndia's proposed data centres will create nearly 4.33 lakh ecosystem jobs. This expansion is projected to generate substantial residential ...
IRDAI clears investments in private companies, eases infrastructure funding normsIRDAI has expanded insurers' investment options by permitting investments in private limited companies, infrastructure SPV debt and repo, r...