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CLOUD COMPUTING INFRASTRUCTURE
AI-focused E2E Networks shares hit 5% upper circuit as firm swings to black in Q1, revenue soars 334%AI-focused cloud provider E2E Networks hit the upper circuit after reporting a sharp turnaround in Q1FY27, posting a net profit of Rs 44 cr...
Samsung in talks to invest in Mistral at $23 billion valuationThis comes after Microsoft agreed to spend billions of dollars on Mistral's computing infrastructure in Europe under a deal that will also...
Anant Raj to demerge data centre arm into separately listed companyAnant Raj will demerge its data centre and cloud business into Ashok Cloud Pvt Ltd, creating a separately listed digital infrastructure com...
Google connects new transatlantic cable between Portugal and the USGoogle's Nuvem, named after the Portuguese word for "cloud", links Myrtle Beach, South Carolina, with Sines, south of Lisbon, via Bermuda a...
Microsoft to fund Mistral's European AI expansion in multibillion-dollar dealAs part of the agreement, Microsoft Azure customers will be able to develop software using Mistral's data centers in France, giving Microso...
Iren shares jump 16% as $2.8 billion AI cloud deals lift revenue targetIREN shares surged after the company secured $2.8 billion in AI cloud contracts and raised its 2026 revenue target. Strong demand for GPU i...
Downfall of a Wall Street darling: Why Oracle shares crashed 65% from peakOracle shares have dropped about 65% from their peak as investors shift focus from AI-driven cloud growth to rising capital expenditure, de...
This US tech billionaire once begged power companies to keep his electricity on, faced rejection from almost every investor, now owns a $300 million Hawaiian islandLarry Ellison, the co-founder of Oracle, once struggled to pay his electricity bills for his computer and faced investor rejection while bu...
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...
Meta, Anthropic in talks for potential $10 billion compute lease dealSuch a deal would help Meta diversify beyond advertising by generating revenue from its infrastructure and competing with neocloud firms su...
Airbus picks Iliad's Scaleway for AI, defence work in sovereignty pushAirbus will use Scaleway's cloud infrastructure for sensitive industrial and defense applications. This partnership supports the deployment...
Csquare IPO raises $1.05 billion as investors bet on AI boomData center provider Csquare successfully raised $1.05 billion in its United States initial public offering. Investors continue to support ...
AI cloud company CoreWeave explores Wall Street playbook to hedge memory-chip price riskThe unusual move underscores how deeply the AI boom has entangled cloud providers with the volatile chip market. To lock in supply amid s...
US-China tech rivalry explained: Why the AI and chip war mattersThe US and China are engaged in a significant technology competition. Artificial intelligence and semiconductor chips are central to this o...
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...
Open-source AI will offer India code sovereignty: ExpertsIndia cannot own every AI layer, but open ecosystems and optionality can avoid vendor lock-in and establish control over critical data, gov...
Global Market: SK Hynix warns of historic memory chip shortage by 2027 as AI demand soarsSK Hynix anticipates a severe global memory chip shortage extending beyond 2030. Accelerating artificial intelligence infrastructure demand...