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ARTIFICIAL INTELLIGENCE RACKS
SpaceX aims to launch orbital AI computing tests by end of next yearDuring two investor presentations ahead of the IPO, both featuring President Gwynne Shotwell and Chief Financial Officer Bret Johnsen, Spac...- As AI shifts from training to inference, Intel moves up the stackIntel is changing its AI strategy. The company is now focusing on building complete AI systems and infrastructure, not just chips. This mov...
- Nvidia and Marvell CEOs highlight role of connectivity in powering next-generation AI infraMarvell stocks soared over 30% after the Nvidia chief's announcement, according to various media reports. Earlier this year, Nvidia announc...
- Nomura names GE Vernova, CG Power, 4 others among top plays on India’s decadal data centre opportunityIndia's data centre industry is entering a rapid growth phase, driven by digitalisation, cloud adoption and AI demand, according to Nomura....
- After the AI binge, companies balk at soaring billsArtificial intelligence is becoming more expensive as companies rethink their initial embrace. The era of "subsidized intelligence" is endi...
- India’s data centre capacity to cross 3 GW by 2028 on AI, hyperscaler demand: CBREIndia's data centre capacity is set to surpass 3 gigawatts by 2028. This growth is driven by strong demand from hyperscalers and the increa...
- FirstCry, Slice’s FY26 numbers; Nilekani’s Fundamentum eyes deeptech pushFirstCry parent cut its losses in the March quarter on tightened costs. This and more in today's ETtech Top 5.
- AI becoming infrastructure of intelligence: TCS chairman N ChandrasekaranArtificial intelligence is now the core operating system for businesses worldwide. TCS Chairman N Chandrasekaran stated AI services are gen...
- Foxconn logs quarterly net profit jump on AI demandTaiwanese tech giant Foxconn saw a 19% profit increase. Artificial intelligence server demand is fueling this growth. The company expects s...
- Micron stock price surges toward $800 and Deutsche Bank says $1,000 is next — Is MU stock rally about to crack or keep climbing?Micron stock surged 6% to $790 on May 11, hitting a 52-week high of $818. Deutsche Bank raised its price target to $1,000. DRAM revenue exp...
- Google seriously considering manufacturing AI servers in India: Minister Ashwini VaishnawGoogle is seriously considering manufacturing AI servers in India, according to IT Minister Ashwini Vaishnaw, who noted HP has already begu...
- MU stock hits intraday record high today: Will Micron's market cap cross $700 billion for the first time? Here's what investors are watchingMicron stock price today: Micron Technology's stock is soaring, hitting an all-time high and nearing a $700 billion market cap. This surge ...
- Australian tycoon battles Meta over fake adsAustralian mining magnate Andrew Forrest is suing Meta in a US court. He claims Meta should be responsible for scam advertisements featurin...
- Meet Thomas Zacharia, the man behind the machines powering AIThomas Zacharia, a Keralite, revolutionized global computing. He championed GPUs for supercomputers, leading to breakthroughs like Titan. H...
- IT stocks to rally on Wednesday? Infosys, Wipro ADRs surge up to 5%. Here's whyIT stocks may rally on Wednesday as Infosys and Wipro ADRs surged overnight, supported by strong gains in US tech stocks and easing fears o...
- Amazon cloud unit's AI revenue run rate exceeds $15 billion in first quarter, CEO saysThe numbers are also "ascending rapidly", Amazon CEO Andy Jassy said in a letter to shareholders, adding that its cloud business as a whol...
- Broadcom signs long-term deal to develop Google's custom AI chipsBroadcom said on Monday it has signed a long-term agreement with Google to develop and supply future generations of custom artificial intel...
- Foxconn first-quarter revenue jumps 30% year-on-year fuelled by strong AI-related demandTaiwan's Foxconn, a major electronics maker and Nvidia's top server supplier, announced a significant revenue increase. First-quarter earni...
- No concerns over data centres' water use, advanced tech cuts consumption: MeitYThe Indian government has received no complaints about data centres using too much water. The Ministry of Electronics and Information Techn...
- Foxconn can make 1,000 AI racks a week, to increase next year, chairman saysFoxconn chairman Young Liu said on Friday the company now had the capability to manufacture 1,000 artificial intelligence racks per week, a...
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