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CLOUD COMPUTING SERVICES
ESDS Software's Rs 720-cr IPO to open on Aug 28; sets price band at Rs 408-429ESDS Software Solution Ltd has set the price range for its initial public offering, valued at Rs 720 crore. The IPO is set to open for publ...- Trump-linked RUM Group signs $13.7 billion AI deal with US-based cloud clientUnder the deal, the customer will get access to GPUs and related services from RUM Group's Maysville, Georgia site, which is currently un...
- Global Market: Alibaba shares slide after $10.2 billion share placement to fund AI expansionAlibaba shares fell as much as 10% after the company launched a $10.2 billion share placement to fund AI expansion. The discounted offering...
- Nvidia discusses Perplexity investment at $30 billion-plus valuationNvidia is discussing investing in Perplexity as part of an equity round that would value the AI startup at more than $30 billion, the I...
- Alibaba stock slumps in Hong Kong after $10.2 billion share placement to fund AIAlibaba said on Sunday its HK$80 billion ($10.21 billion) share placement finalised at HK$112.70 apiece - an 8.4% discount to its Friday cl...
- Brazil launches AI supercomputer push, splits projects between Chinese, US firmsJust over half the total, 1.3 billion reais, will fund a supercomputing infrastructure project in Rio de Janeiro developed in partnership w...
- 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 ...
- 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...
- 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 ...
- Alibaba to sell Lingxi Games in more than $2 billion deal, source saysAlibaba and Trustar have reached a formal agreement after several rounds of talks, according to an internal memo sent to Lingxi staff on Mo...
- AI could cut cost of running insurance by eliminating repetitive work: ReportThe report said AI is being embedded across underwriting, customer service, fraud detection, claims processing and internal operations. Ins...
- Andaman admin seeks firms to explore feasibility of AI data centre in Great NicobarThe Andaman and Nicobar administration seeks private companies for green AI data centres. Companies can explore feasibility for facilities ...
- L&T secures mega order to build India’s largest NVIDIA B300 AI FactoryLarsen & Toubro will build India's largest single-cluster artificial intelligence infrastructure facility. This project marks the company's...
- 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...
- Google Drive just ended Google Photos backups on desktop, but there’s a simple hack to keep backing up your precious photos and videos without losing your memoriesGoogle Drive has ended Google Photos backups through its desktop app, leaving users with a new way to protect photos and videos stored on t...
- 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 ...
- 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...
- Oracle, Quantinuum partner to bring quantum computing to cloudUnder the deal, Oracle Cloud Infrastructure customers will gain access to Quantinuum's Helios quantum computer through OCI's quantum servic...
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