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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...- Data centres, AI infra become IT's next growth betIndia's software services industry is finding new growth in data centers and AI. Companies like HCLTech, TCS, Accenture, and Cognizant are ...
- RMZ to ramp up data center capacity with $35 billion push, exec saysThe Bengaluru-headquartered company, which currently has 250 megawatts of capacity, is in the final stages of discussions for three data ce...
- L’Oréal adds Innovist to cart; HealthQuad's new fundHappy Friday! Personal care giant L’Oreal has acquired a majority stake in Innovist in India’s biggest D2C deal. This and more in today’s E...
- Accenture cuts revenue outlook, stock crashes 17%Accenture has lowered its annual revenue growth forecast. Companies are still cautious about spending on technology. This is happening even...
- Space startups seek insurance for orbital AI data centersCompanies are exploring insurance for orbital AI data centers. This is a significant development for a new industry backed by Elon Musk's S...
- India's thermal coal imports sink to a 4-year low as green energy reshapes demandIndia's thermal coal imports have reached a four-year low. This decline is attributed to higher domestic coal output and a significant rise...
- Agentic AI adoption drives stronger governance oversight, risk controlsIndia first: Firms prioritise domestic industry guidelines over global frameworks, remain confident on DPDP
- CPP Investments inks C$1 billion strategic partnership with CtrlS DatacentersCanada Pension Plan Investment Board is injecting up to C$1 billion into India's burgeoning data centre sector through a strategic partners...
- France's OVHcloud plans frontier AI models to become Europe's second LLM playerOVHcloud aims to build advanced AI models. This move positions the European cloud provider as a competitor to Mistral. The company seeks to...
- Quantum tech firm EigenQ to go public in $3 billion SPAC dealQuantum tech firm EigenQ is set to go public through a merger with Silicon Valley Acquisition. The deal values EigenQ at approximately $3 b...
- Companies need flexibility, choice as AI becomes a geopolitical issueIndia is one of the fastest growing markets for Databricks, and last year the firm announced a $250 million investment in India to ramp up ...
- The Indian workers training AI robots to take their jobsWith a smartphone strapped to her head, Nagireddy Sriramyachandra films herself slicing mangoes in her kitchen in India to train AI-powered...
- China's new home prices fall faster in May as property slump persists despite big-city resilienceChina's new home prices saw a 0.2% dip in May from April, marking a steeper decline and a 3.5% year-on-year fall. While larger cities show ...
- Musk's Starlink may face curbs on satellite data routing in IndiaIndia is reviewing Starlink's satellite internet plans. The government is concerned about data crossing borders via laser-linked satellites...
- US-based cybersecurity firm N-able opens Global Capability Centre in BengaluruUS cybersecurity firm N-able has launched a Global Capability Centre in Bengaluru, bolstering its commitment to helping businesses combat e...
- Madhusudan Kela buys luxury flat for Rs 121 cr in DLF's Gurugram projectAce investor Madhusudan Murlidhar Kela has purchased a luxurious flat for Rs 121 crore in DLF's new project, 'The Dahlias', in Gurugram. Th...
- Agentic AI adoption drives stronger governance oversight, risk controlsIndian companies are prioritising local AI rules over international ones. They are focusing on ethics, identity, and privacy as AI adoption...
- Hedge funds sold broader tech ahead of SpaceX IPO, JPMorgan data showsBig tech stocks saw significant selling by hedge funds. Some investors bought dips in these companies. Financial sector exchange-traded fun...
- Data security firm Cyera raises $600 million at $12 billion valuationData security firm Cyera secured a significant funding round. The company raised 600 million dollars valuing it at 12 billion dollars. This...
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