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AI boom heading for a dot-com-style bust? ‘Dean of Valuation’ Aswath Damodaran warns correction could be more painful than 2008Global finance expert Aswath Damodaran warns AI's massive infrastructure spending, funded by debt, poses a greater risk than the dot-com cr...
RMZ to ramp up data center capacity with $35 billion push, exec saysThe Bengaluru-headquartered company, which currently has 250 megawatts of capacity, is in the final stages of discussions for three data ce...
Amazon in talks to sell custom AI chips in bid to cut Nvidia’s dominanceAmazon is planning to sell its custom artificial intelligence chips to other companies. This move aims to compete with Nvidia's strong hold...
Bombay HC admits Preity Zinta plea against social media, AI firms in deepfake disputeThe Bombay High Court has permitted Preity Zinta to sue over a dozen firms, including social media and AI websites, for infringing her pers...
We cannot let AI frontier models fall into hands of authoritarian regimes: French President Emmanuel MacronArtificial intelligence frontier models must not be allowed to fall into the hands of authoritarian regimes, but democracies must co-ope...
G7 leaders vow closer ties on AI as they hash out 'trusted partners' schemeG7 leaders are coordinating on advanced AI risks and opportunities. They are discussing a "trusted partners" scheme to grant non-US nations...
EU chases tech independence but gaps remainEurope wants more homegrown tech to cut its dependencies on the United States and China, but the EU warned Wednesday the bloc has more work...
Allbirds rebrands as Smartbird in AI pivot, hires former AWS executive as CEOAllbirds is now Smartbird. The company has a new president and CEO, Nadia Carlsten. Smartbird is shifting focus to AI infrastructure and cl...
Europe frets about US AI as tech world flocks to France for G7, VivaTechEuropean leaders and tech executives are focusing on technological sovereignty. Discussions at G7 and VivaTech highlight concerns about Ame...
Alibaba unveils AI models for robots, amid shift from chatbots to agentsChinese tech and ecommerce giant Alibaba unveiled on Tuesday its first suite of AI models for robots, as China's tech industry shifts i...
You've probably used his code today, but the man behind YouTube, Netflix and TikTok isn't a billionaireFabrice Bellard, a quiet French engineer, has profoundly shaped the modern internet without seeking fame. His creation, FFmpeg, is a corner...
Adani, Jabil announce plans for AI data centre in IndiaAdani Group and Jabil Inc. are joining forces to build AI and data centre hardware in India. This partnership aims to create a large-scale ...
Adani, Jabil announce plans for AI Data Centre in IndiaThe proposed alliance will combine Jabil's engineering and advanced manufacturing capabilities with Adani Group's infrastructure, green ene...
Oracle to train 300,000 professionals across Uttar Pradesh in AI, cloud, cybersecurityOracle is launching an impactful initiative alongside the Uttar Pradesh State Skill Development Mission! This strategic collaboration will ...
Alibaba bids $1.5 billion for China grocer Pupu in Meituan fightAlibaba is reportedly offering $1.5 billion for Chinese grocery delivery firm Pupu, initiating a bidding war to gain market share from riva...
Nvidia begins Vera CPU sales pitch to Chinese clients, sources sayThe outreach underscores how the world's most valuable company is quickly pivoting to the new product to revive its rapidly declining fortu...
AI workloads push data centres to upgrade fire and cooling systemsData centres are significantly upgrading fire safety, cooling, and electrical systems following a recent Google Cloud incident. The surge i...
Delhi data centre fire sees Google Cloud reroute traffic network capacityA fire at a third-party data center in Delhi caused network disruptions for Google Cloud customers in multiple Indian cities. The incident ...
Google Cloud outage in India after third-party data centre fire triggers shutdownThe cloud-computing unit said the fire led to an emergency power shutdown at the facility, isolating a local point of presence in Delhi a...
DeepSeek close to sealing $7 billion funding in historic AI dealChinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. Deep...