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CLOUD COMPUTING DEMAND
12 days to go: Oracle employees may be staring at another '6 am layoff notice' on September 1Oracle is allegedly gearing up for a new phase of job cuts, with managers instructed to pinpoint roles for elimination by September 1. This...- Alibaba reports 9% rise in quarterly revenueAs businesses increasingly deploy artificial intelligence applications, demand for the cloud computing power needed to train and run those ...
- India needs to protect critical infrastructure against cyber threats: National Quantum Mission chair Ajai ChowdhryIndia's National Quantum Mission is developing indigenous quantum security products. Critical sectors must adopt post-quantum cryptography ...
- Chip designer Velaura AI valued at more than $1 billion in funding roundThe funding round was led by Seligman Ventures, with participation from new investor Capricorn Investment Group. Existing investors Samsu...
- Baidu CEO vows to return Ernie to AI frontier as revenue miss sinks sharesIts Ernie large language model has gone months without a major upgrade, while competitors such as Alibaba and Moonshot have continued to r...
- Missouri farmer invites data center developers to buy his land as $6.3B project faces growing local opposition and communities push back on AI expansionA Missouri farmer is inviting data center developers to bid on his land as a $6.3 billion AI project faces opposition and community push ba...
- Global Market: AI investment story shifts from spending to picking the winnersThe AI investment debate is shifting toward identifying sustainable winners as spending accelerates. Hyperscalers, semiconductor firms and ...
- Independence Day 2026: The 79-year journey of a nation from charkha to chipsIndependence Day: Story of India's technological rise now focuses on indigenous manufacturing and ambitious future goals. Digital public in...
- L&T bags mega ₹10,000-15,000 crore order to build India’s largest NVIDIA B300 AI factoryLarsen & Toubro will build India's largest AI infrastructure for Together AI. This mega order involves deploying ten thousand NVIDIA B300 G...
- Nebius shares soar 22% as AI demand powers revenue beatNebius shares jumped nearly 22% after the AI cloud provider beat revenue estimates, driven by surging infrastructure demand, larger contrac...
- US stocks: CoreWeave, Super Micro surge on signs of sustained AI buildoutCoreWeave and Super Micro have seen their stock prices soar to new heights amid a rising tide of demand for AI infrastructure. CoreWeave ha...
- Nebius beats quarterly revenue estimates as AI demand fuels growthThe Amsterdam-based AI infrastructure firm reported total revenue of $582.3 million for the quarter ended June, compared with analysts' a...
- CoreWeave boosts 2026 spending plan, beats quarterly estimates on AI demand surgeThe AI cloud company also lifted its targets for 2026 revenue and adjusted profit, banking on a ballooning order book, after its revenue ...
- Nvidia partners with Wall Street giants to raise $500 billion for AI buildoutNvidia signed memorandums of understanding with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR for the financing platfor...
- Oracle plans fresh layoffs as AI spending piles up billions in debt: ReportOracle is reportedly planning another round of job cuts. This move aims to reduce payroll while investing heavily in AI infrastructure. The...
- IBM, Together AI ink $240 million deal for Nvidia-powered AI inference clusterThe cluster will provide inference for open-source AI models, which have gained traction as businesses seek to rein in AI costs and weigh...
- Nvidia partners with Wall Street giants to raise $500 billion for AI buildoutThe move highlights how surging demand for AI computing capacity is drawing institutional investors, as governments, companies and startups...
- Nvidia partners with Wall Street giants to raise $500 billion for AI buildoutIn an ambitious collaboration, Nvidia is joining forces with six prominent financial institutions to establish compute financing platforms ...
- Data centre firm Switch confidentially files for US IPO: BloombergThe company operates large-scale data centre campuses that provide power, cooling and connectivity needed for AI computing, enabling cloud ...
- SpaceX advances $1 trillion revenue target to 2030, Musk saysSpeaking to investors, Musk said the company’s internal financial projections had shifted from reaching the milestone in 2031 to 2030, addi...
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