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SPACE BASED COMPUTING
India emerges top bet for global realty capital, says Simon Shaw, Group CEO, SavillsIndia is emerging as a preferred destination for long-term global real estate investment amid geopolitical uncertainty, driven by its stron...
"Initial glitch delayed Vikram-1 launch by 35 minutes, issue resolved quickly": ISRO ChairmanExplaining the reason behind the initial delay, Narayanan said the problem occurred during the transition from the ground segment to the on...
Shanghai Xingshu launches first constellation of its space-based computing projectShanghai Xingshu Tiansuan launched its first space-computing constellation on Saturday. This project aims to deploy a total of one thousand...
Skyroot crashes an elite party with Vikram-1. Next comes a big prizeSkyroot Aerospace's successful Vikram-1 mission marks India's entry into the global commercial launch market through a private company. Bey...
Elon Musk's SpaceX in talks to supply the Pentagon with computing power: ReportAccording to the report, SpaceX employees have discussed plans to compete more directly with neocloud firms such as CoreWeave by selling co...
Chinese AI model takes US tech industry by surprise with abilities rivalling Claude, ChatGPTThe newest Kimi K3 model from Beijing-based startup Moonshot, run by a Pink Floyd-loving entrepreneur who earned his doctorate in Pittsburg...
US Stock Market: Wall Street investment banking revival gains momentum as IPOs, M&A fuel deal boomWall Street's investment banking recovery is gathering momentum, driven by a rebound in IPOs, M&A deals and corporate debt issuance. The si...
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...
Wells Fargo tops profit estimates on interest income boost, trading boomWells Fargo reported a significant profit increase in the second quarter. Strong trading desks and robust loan growth fueled this positive ...
HCL Tech’s Rs 3,500 crore AI data centre foray: A new growth engine or capital-intensive diversion?HCL Technologies is investing up to Rs 3,500 crore in AI data centres to build a full-stack AI ecosystem spanning infrastructure, compute a...
Elevation’s new India fund; InsuranceDekho charts D-Street pathHappy Tuesday! Elevation Capital is looking to back early-stage AI startups in India from its newest fund. This and more in today’s ETtech ...
Intel announces $5.7 billion capital investment at Irish manufacturing hubIntel is investing five billion euros at its Irish campus. This expansion aims to boost manufacturing output for AI and high-performance co...
Korea’s SK Hynix shares make stellar US market debut, rocket 13% on continued AI optimismSK Hynix's U.S. shares surged thirteen percent on their Nasdaq debut. The South Korean chipmaker raised twenty-six point five billion dolla...
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...
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...
Jeff Bezos' Blue Origin seeks first outside funding at $130 billion valuation: ReportCoatue Management, a big asset manager, is expected to lead the round with a $4 billion commitment, the report said, adding that Bezos is...
SpaceX's biggest bull sees valuation soaring above $10 trillionRaymond James analyst Brian Gesuale initiated coverage on SpaceX with a strong buy. He set an $800 price target, projecting significant fut...
Contact with Mission Drishti OptoSAR satellite lost, recovery likelihood low: GalaxEyeBengaluru's GalaxEye has lost contact with its Drishti satellite launched in May. The world's first OptoSAR satellite experienced an anomal...
Forget rockets: Morgan Stanley sets $300 SpaceX target based on a secret AI weaponMorgan Stanley has initiated coverage on SpaceX with an Overweight rating and a $300 target price, arguing its biggest opportunity lies bey...
Orbital plans space data centres to power AI, seeks FCC clearance for 100,000 satellitesA US startup, Orbital, is looking to set up space-based data centres to meet the surging demand for AI computing power. The company aims to...