KKR launches $10 billion AI infrastructure company with Nvidia, VistraThe Kuwait Investment Authority, AI chip giant Nvidia and utility firm Vistra are anchor investors in the company, called Helix Digital I...
11 Jun, 2026, 06.03 PM IST
Short seller Jim Chanos doubts SpaceX valuation, says IPO fueled by 'hopes and dreams'Renowned short seller Jim Chanos questions SpaceX's massive IPO valuation. He believes the company's worth is inflated by future hopes, not...
11 Jun, 2026, 03.14 PM IST
Hidden AI India winners add $48 billion on data-center boomIndian industrial companies are experiencing significant growth by supplying components for data centers. This trend is driven by massive g...
11 Jun, 2026, 02.40 PM IST
Infosys, HCL Tech, other IT stocks tumble up to 3%. What's spooking investors?Indian IT stocks, led by Infosys, HCLTech and LTIMindtree, fell up to 3% as hotter-than-expected US inflation fuelled concerns over prolong...
11 Jun, 2026, 01.16 PM IST
OpenAI says Chinese propaganda is being deployed to foment dissent over tariffs, data centersThe company said its efforts, dating to late 2025 and early 2026, appeared to have had little or no effect, but it is another indication of...
11 Jun, 2026, 08.17 AM IST
Will AI-led tech unwinding pause Rs 60,000 crore FII selloff in Indian IT stocks?Global markets are experiencing a tech selloff driven by AI fears, impacting Indian IT stocks with FIIs pulling Rs 60,000 crore. However, s...
10 Jun, 2026, 10.08 AM IST
Elon Musk's xAI, SpaceX hit with class action over data center 'nuisance'The lawsuit, made public on Tuesday in federal court in Oxford, Mississippi, claims Musk's companies negligently failed to curb the distu...
10 Jun, 2026, 07.13 AM IST
Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-upApollo and Blackstone are investing $35 billion to boost Anthropic's AI computing power. This expansion will utilize Broadcom's custom chip...
09 Jun, 2026, 09.25 PM IST
In 1999, a Texas farmer donated 87 acres for a public park for just $10, and in 2025, the city sold it to a data center developer for $10 millionA Texas farmer's 1999 gift of 87 acres for a park was intended to benefit local children. Decades later, that land is slated for a data cen...
09 Jun, 2026, 03.33 PM IST
China prepares $295 billion plan to fund nationwide AI buildout: ReportNational Development and Reform Commission is among key government agencies drafting a blueprint to build a network of inter-connected co...
09 Jun, 2026, 03.20 PM IST
Rs 33,660 crore industrial parks scheme to help get investments, create jobs: Piyush GoyalA new scheme, BHAVYA, worth ₹33,660 crore, will develop 100 industrial parks across India. This initiative aims to attract investments and ...
09 Jun, 2026, 12.29 AM IST
BHAVYA scheme to help attract huge investments, create jobs: Piyush GoyalA new Rs 33,660 crore scheme, BHAVYA, will develop 100 industrial parks across India. This initiative aims to attract significant investmen...
08 Jun, 2026, 07.56 PM IST
EU should side with Washington in 'AI war' with China, US envoy warnsAmerica's top envoy in Europe has urged the European Union to stand with the United States in a critical artificial intelligence race again...
05 Jun, 2026, 05.02 PM IST
New York state legislature passes one-year data center moratoriumNew York's state legislature passed a bill Thursday night that would prevent permits from being issued for the construction of new data cen...
05 Jun, 2026, 09.10 AM IST
European Union launches tech sovereignty initiative to boost chips, cloud and AI at homeEuropean Union leaders are boosting local tech production. They aim to reduce reliance on American AI and cloud services. Efforts are also ...
03 Jun, 2026, 07.59 PM IST
TCS, Infosys, other IT stocks crash up to 7% after 3-day rally. What top brokerages are saying?IT stocks, including TCS, Infosys, HCL Tech, Wipro and Tech Mahindra, fell sharply on Wednesday, following a three-day rally. Despite AI-re...
03 Jun, 2026, 10.43 AM IST
NHPC offer plugs into green energy appeal, more suited for patient playNHPC's offer for sale is underway. Analysts suggest it offers long-term potential for patient investors. The government is divesting up to ...
03 Jun, 2026, 05.37 AM IST