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DATA CENTRE MARKET GROWTH
India's data centre capacity set for 5x surge by 2030By March 2030, India’s data centre capacity is projected to soar to 7.5 gigawatts, fueled by escalating demand from global hyperscalers and...- NTT Data to nearly triple Mangaluru workforce to over 2,500 by 2027The company entered Mangaluru through its acquisition of local cloud engineering company Niveus Solutions, and is looking to use the city a...
- STT Global’s India biz on the block; micro occasions power qcommKKR, Singtel, and the Tatas are preparing to sell STT GDC India, a major data centre platform. This and more in today’s ETtech Top 5.
- Why are Marvell and Lumentum share prices down over $115 billion acquisition?Marvell and Lumentum shares have dropped after Marvell announced that it will be acquiring Lumentum in a $115 billion all stock deal. Marve...
- US Midterm elections, Apple earnings, jobs data to test Wall Street after AI routWall Street faces a pivotal week as US midterm elections, major corporate earnings and October jobs data test investor sentiment. Recent AI...
- KKR, Singtel and Tata Communications put data centre company STT GDC India up for sale at over $5.5 billionIn a significant move, KKR, Singtel, and Tata Communications are gearing up to offload STT Global Data Centres India, anticipating a valuat...
- Australian outback data centre pulls timeline after regulator stallsStartup Energy North, which says it has finance lined up for a sprawling gas and solar-powered data centre on a cattle ranch in the country...
- See data centres less as energy-sucking private warehouses, and more as quasi-public utilitiesWe need data centres. They run far more than ChatGPT. Search, banking, streaming, social networks, cloud software, government services, hos...
- Lodha Developers H1FY27 net profit soars 63%, expects to beat full-year guidanceLodha Developers reported a 63% rise in first-half FY27 profit to Rs 2,386 crore, driven by strong property sales and market expansion. The...
- Global Market: Wall Street's top asset managers bet big on AI infrastructure boomWall Street’s leading alternative asset managers are ramping up investments in AI infrastructure, betting on long-term leases and creditwor...
- US Markets Today: US stocks end lower as Alphabet revenue miss revives AI capex jittersWall Street ended the day on a sour note, as Alphabet's revenue shortfall cast a shadow over the AI investment landscape and overall market...
- STMicro nearly doubles quarterly profit, sees Q4 sales exceeding $4 billionSTMicroelectronics reported a third-quarter operating profit above market expectations on Thursday, as demand from AI data centres and sate...
- Waaree Energies bets on US solar boom, expands local sourcing on data-centre growthWaaree Energies plans to significantly increase its solar module manufacturing capacity in the United States. The company aims to boost its...
- TPG pursues $5 billion acquisition of British data centre group Ark: FTGlobal alternative asset manager TPG is in talks to buy British data centre group Ark from Elliott Investment Management at a valuation of ...
- Tata Communications to plug Rs 4,350 crore in AI super highwayTata Communications aims to invest Rs 4,350 crore to create 10,000 km of AI-ready connectivity infrastructure across India. The investment ...
- PM Modi to inaugurate RBI's data centre in BhubaneswarPrime Minister Narendra Modi is set to inaugurate the Reserve Bank of India's state-of-the-art data centre and Cybersecurity Training Insti...
- US data centre spending seen more than doubling to $2.1 trillion by 2028, estimates BoFAGlobal data centre spending is expected to reach $1 trillion in 2026 and more than double to $2.1 trillion by 2028, driven by rising demand...
- Data center spending to more than double to $2.1 trillion by 2028Data center spending has been a fast-growing source of revenue for industrial firms that make generators, construction equipment, switchgea...
- High-voltage reality: ‘Data hubs need stable grids more than sops’As states roll out the red carpet to attract private investments in artificial intelligence (AI) and cloud infrastructure, delivering unint...
- 'Make deals and get them built': Trump calls on data centre companies to pay a 'dividend'Donald Trump has urged data centre companies to generate their own electricity for local communities. He suggests offering a financial divi...
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