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GLOBAL AI INFRASTRUCTURE
NSE rolls out direct-to-chip liquid cooling to scale AI computing capabilities; plans to scale GPU capacity beyond 80 this quarterThe NSE has deployed Direct-to-Chip Liquid Cooling technology at its on-premises data centre to support expanding AI infrastructure. The ex...- UBS CEO says AI investors had been pricing for 'perfection' until sector's sharp correctionUBS Chief Executive Sergio Ermotti commented on the recent downturn in AI stocks, attributing it to unrealistic expectations. He expressed ...
- India's ChatGPT boom faces a reality check as free AI use meets rising costsIndia has emerged as ChatGPT's largest market, driven by its vast digitally connected population and widespread access to free AI services....
- Activists breach Microsoft data centre construction site as protests spread in EuropeActivist groups have announced actions in 16 countries on Friday and Saturday, according to the "Stop Dirty Data Centres" coalition, which ...
- Indian rupee strengthens past 94/$ as oil slides, foreign inflows returnThe Indian rupee strengthened past 94 per dollar after regaining appeal among emerging-market currencies recently. Significant foreign infl...
- European stocks head for weekly losses amid global tech selloffEuropean shares tumbled as concerns over AI valuations, heavy technology spending and potential US restrictions on data-centre investments ...
- SoftBank credit default swaps hit 4-year high as AI profitability concerns mountSoftBank Group’s five-year credit default swap spread climbed to a four-year high as investors grew increasingly concerned about the profit...
- Infosys, Wipro, TCS and other IT stocks rise up to 3% as US AI rout deepens; is the bubble bursting?In the wake of a worldwide AI stock decline, companies such as Infosys and TCS have seen their shares rise, demonstrating a contrasting tre...
- AI meltdown: Kospi crashes 9%, hits 9-month low as Wall Street bloodbath after midterm elections spills to Asia; circuit breaker triggeredThe sell-off followed a global market rout on Thursday, which saw the Nasdaq 100 plunge 6.4%, wiping out a record $2.3 trillion in market v...
- Australia data centre inquiry finds inadequate checks, stops short of moratoriumAn inquiry into data centres by Australia's most populous state found approvals failed to consider the cumulative effect on resources and i...
- India's payments authority NPCI forms unit to push into AI, blockchain techThe National Payments Corporation of India has created a technology subsidiary known as NPCI Tech Solutions Limited. This new unit will foc...
- India's payments authority NPCI forms unit to push into AI, blockchain techThe payments authority's chief technology officer Vishal Kanvaty, who has been associated with NPCI for nearly a decade, has been appointed...
- Tencent rolls out AI model trained with limited cybersecurity data amid hacking fearsTencent on Wednesday released Hy4, its new open-source model, that the company said was trained with limited cybersecurity data to "defensi...
- Meta raises $15 billion through bond sale to fund AI infrastructure expansionMeta Platforms is raising $15 billion through a five-part bond offering to fund its expanding artificial intelligence infrastructure invest...
- AMD forecasts fourth-quarter revenue above estimates on strong AI chip demandAdvanced Micro Devices estimates its fourth-quarter revenue will hit about $17 billion, driven primarily by robust demand for AI chips. Alt...
- India gains as global investors move away from AI-linked stocks: Goldman SachsIndian equities outperformed the Asia-Pacific region in the MXAPJ index by 7 percentage points last month, making the country one of the be...
- Why is Microsoft borrowing $25 billion after offering buyouts to 60,000 employees?Microsoft 25 billion bond sale: Microsoft is raising $25 billion through a bond sale as AI infrastructure costs rise, days after offering v...
- Blackstone president says more tech sector fundraising ahead to keep up with AI industry growthBlackstone President Jon Gray said on Tuesday there would be more global equity fundraising needed to keep up with the enormous likely dema...
- Vultr eyes 1 GW India capacity by 2029Further, the company said it has hired more than 100 people in India over the past three months and plans thousands of additional hires in ...
- Nasdaq 100 cracks 5%, wipes out $2 trillion in October as AI spending fears deepenInvestor concerns about the high expenditures on artificial intelligence have intensified amidst rising borrowing costs. Major technology c...
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