Crusoe in talks to raise $3 billion funding: reportThe startup has contracts to supply AI computing power for the likes of Meta and Oracle, the report said, as technology giants spend bill...
03 Jul, 2026, 07.39 AM IST
Microsoft, AWS deploy engineer armies to help crack AIAWS and Microsoft want to embed thousands of their own engineers at client companies to help them capitalize on artificial intelligence, wh...
02 Jul, 2026, 09.16 PM IST
US construction spending inches up in May, but homebuilding weakIn May, US construction spending edged up by a mere 0.1%, influenced by increased mortgage rates partly due to tensions in the Middle East....
02 Jul, 2026, 05.50 PM IST
Microsoft partners with Singapore's Lightstorm to build India-Southeast Asia undersea cableThe consortium, whose other members include Tata Communications, Singapore Telecommunications, Singapore's ASEAN Cableship and Japan's NE...
02 Jul, 2026, 09.19 AM IST
SoftBank renews talks for $10 billion loan against OpenAI stake, adds concessionsTo make lenders more comfortable, the Japanese technology investor is offering to guarantee repayment of the loan, giving banks recourse to...
02 Jul, 2026, 07.47 AM IST
Oaktree-backed ITG jumps in Nasdaq debut, signaling strong AI infrastructure demandThe debut adds to signs that investor appetite for companies supporting the AI buildout remains robust, as hyperscalers and technology fir...
01 Jul, 2026, 11.38 PM IST
Meta stock: Why are Facebook, Instagram, WhatsApp shares are rising today at U. S Stock Market?Meta has poured hundreds of billions of dollars into data centers and AI chips.
01 Jul, 2026, 08.38 PM IST
Micron, GM sign semiconductor supply agreement for vehiclesGeneral Motors has signed a landmark long-term agreement with Micron Technology to ensure a steady supply of vital memory and storage chips...
01 Jul, 2026, 07.42 PM IST
Vocus plans $343 million Sydney-Melbourne fibre link to meet AI demandMacquarie-backed Vocus is set to invest A$500 million in a new fibre network connecting Sydney and Melbourne by 2029. This pioneering ducte...
30 Jun, 2026, 12.28 PM IST
Digital Realty to pay Blackstone $3.5 billion for stake in Virginia data centersThe move strengthens the data center operator's position in Northern Virginia, the world's largest data center market, where demand for cap...
30 Jun, 2026, 07.51 AM IST
Global Market: South Korean shares end flat as chipmakers cut losses on 'mega project' announcementSouth Korean markets saw a mixed close Monday as chipmakers recovered from initial sharp declines following a massive $576 billion AI and d...
29 Jun, 2026, 12.46 PM IST
'One-time opportunity': South Korea bets big on AI boomSouth Korea's chip industry is poised for a significant boost amidst soaring demand for AI components. Analysts highlight this as a crucial...
29 Jun, 2026, 12.25 PM IST
NRI money could ease banks' funding crunch before powering India's capex: Axis Bank CEOIndian banks are set to leverage new foreign-currency deposits from the diaspora to replace costly funding, according to Axis Bank CEO Amit...
29 Jun, 2026, 11.47 AM IST
Tech equity sales renew AI debt-binge worriesTech giants are aggressively selling stock, raising billions, signaling a potential spending spree. While this boosts balance sheets, it al...
29 Jun, 2026, 05.49 AM IST
US Stock Market: AI chip rally reignites as Micron, Qualcomm forecasts add over $400 billion in market valueChip stocks surged on Wednesday, adding over $400 billion in market value, fueled by optimistic forecasts from Micron Technology and Qualco...
25 Jun, 2026, 09.15 AM IST
India's AI boom cannot ignore its water crunchIndia's AI growth risks exacerbating severe water stress as data centers, crucial for AI infrastructure, consume vast amounts of water. Cit...
24 Jun, 2026, 11.32 PM IST
Meta signs new AI computing deals with data center firm Crusoe: ReportMeta is under contract to buy computing capacity from Crusoe at two data centers, which are located in Childress, Texas, and Warrenton, Mi...
19 Jun, 2026, 02.17 PM IST