Nebius shares soar 22% as AI demand powers revenue beatNebius shares jumped nearly 22% after the AI cloud provider beat revenue estimates, driven by surging infrastructure demand, larger contrac...
12 Aug, 2026, 10.00 PM IST
Amazon’s Texas AI data center faces a huge climate problem: 7.65GW gas plant could become America’s biggest source of CO₂ emissions in the US as tech giant races to power the AI boomAmazon’s massive Texas AI data center is drawing environmental scrutiny after plans for a 7.65GW natural gas power plant revealed it could ...
10 Aug, 2026, 10.26 PM IST
AI’s volatile power demand is damaging its own data centersAI data centres’ volatile power demand is damaging batteries, turbines and other equipment, raising downtime costs, delaying projects and c...
10 Aug, 2026, 08.50 AM IST
Amazon behind massive private gas plant for new data centersPreviously filed permits for the plant show it would have 35 turbines and generate 7.65 gigawatts -- larger than any gas plant currently op...
08 Aug, 2026, 10.31 AM IST
SpaceX shares tumble 12%, fall below IPO price as AI spending concerns mountSpaceX has demonstrated accelerated returns on its AI investments, though investors express concerns regarding future funding for data cent...
05 Aug, 2026, 10.19 PM IST
AMD forecasts strong revenue growth on AI chip demand, but investors seek bigger gainsAMD Earnings Report: AMD beat quarterly revenue and earnings estimates while forecasting stronger-than-expected Q3 sales, driven by AI chip...
05 Aug, 2026, 12.58 PM IST
AMD's AI-powered revenue forecast fails to wow investorsYet, its shares fell nearly 9% in extended trading, suggesting that investors were looking for an even stronger outlook after the stock mor...
05 Aug, 2026, 08.54 AM IST
AI cloud startup Volta valued at $2.4 billion, announces $10 billion AI partnershipVolta Infra, a new AI startup, secured a significant cloud contract. This deal is reportedly with Anthropic for European cloud computing se...
04 Aug, 2026, 08.35 PM IST
Meta cut 8,000 jobs. CEO Mark Zuckerberg says AI is creating more work—but not inside MetaMeta's chief executive states artificial intelligence generates jobs via infrastructure demands. Thousands of corporate roles disappeared w...
04 Aug, 2026, 06.43 PM IST
- Anthropic inks $10 billion computing deal with new cloud startup Volta Infra
Anthropic has secured ten billion dollars in computing capacity from Volta Infra Holdings. This deal aims to meet the growing demand for An...
04 Aug, 2026, 06.33 PM IST
NextEra, Brookfield plan $100 billion Kentucky data center campusNextEra, the largest US utility, would deliver 2 gigawatts of natural gas-fired power and 2.6 GW of battery storage capacity to support the...
29 Jul, 2026, 06.23 PM IST
India may need $350-435 billion investment in AI, data centre infrastructure by 2030: ReportIndia requires substantial investment for its digital economy's infrastructure. AI adoption and cloud computing will drive significant data...
29 Jul, 2026, 03.06 PM IST
Nvidia-backed neoclouds hover over India to lease data centre capacityCoreWeave, Together AI, Nebius, Lambda Labs, Crusoe and Nscale are in various stages of discussions with companies such as Sify Technologie...
29 Jul, 2026, 06.00 AM IST
Brookfield bets on grid-ready Indian states for green investmentBrookfield Asset Management plans to focus new renewable energy investments in southern India, citing stronger transmission networks and lo...
28 Jul, 2026, 08.32 PM IST
Brookfield sees 6.5 GW of AI data-centre capacity coming online in IndiaBrookfield expects 6.5 gigawatts of AI data-center capacity to emerge in India. This growth anticipates rising AI inferencing demand across...
28 Jul, 2026, 05.15 PM IST
Meta, BlackRock partner on $14 billion El Paso data centerMeta Platforms and BlackRock are developing a $14 billion data center campus in El Paso, Texas. BlackRock-managed funds will own eighty per...
28 Jul, 2026, 03.53 PM IST
Global Market Update | South Korea's Naver jumps 10% on Nvidia's $1 billion investment planNvidia will invest one billion dollars in Naver's new shares. This investment supports expanding an AI data center project in South Korea. ...
27 Jul, 2026, 09.44 AM IST