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xAI's $20 billion fundraise; General Catalyst CEO on AIElon Musk's xAI has raised $20 billion in its latest fundraise, taking its valuation to $230 billion. This and more in today's ETtech Top 5.
Microsoft signs three-year deal with Wipro under fresh India AI pushWipro has partnered with Microsoft for a three-year deal to offer AI transformation tools to enterprises across various sectors. This colla...
Gaming sector on losing streak; Vizag’s data centre gold rushIn a jolt to the Indian gaming sector, the founders of Winzo Games were arrested in a money laundering case. This and more in today’s ETtec...
How Chandrababu Naidu & son Lokesh are attracting big money for Andhra Pradesh to challenge Bengaluru’s leadAndhra Pradesh, under N. Chandrababu Naidu and his son Nara Lokesh, is aggressively pursuing industrial development, aiming to replicate Hy...
After Google, Ambani's Reliance to set up 1 GW data centre in Andhra PradeshReliance Industries is establishing a 1 GW AI data center in Andhra Pradesh, a significant investment following Google's similar commitment...
Data nation: 9GW capacity seen by 2032 on $50 billion flowsGlobal tech giants and Indian companies plan to invest over $50 billion in India’s data centre industry within 5–7 years, increasing capaci...
Lenskart's pre-IPO capital rush; Capgemini seals WNS dealLenskart is expected to close a pre-IPO fundraise ahead of its planned listing. This and more in today's ETtech Top 5.
Google search finds Vizag, more to followIn a groundbreaking move, Google has earmarked a staggering ten billion dollars for the construction of a state-of-the-art AI data center i...
Visakhapatnam's AI jackpot; Lenskart IPO scoopGoogle, Adani and Airtel are partnering to build a major AI hub in Andhra Pradesh. This and more in today's ETtech Top 5.
Adani Enterprises partners with Google for India's largest data centre campus in VisakhapatnamAdaniConnex, a joint venture of Adani Enterprises, is partnering with Google to establish India's largest data centre campus in Visakhapatn...
Keen on data centres, Andhra aims for 6GW as $10-billion Google deal puts Vizag on global tech mapAndhra plans to significantly scale up its data center hosting capacity to 6 GW within three years, building on a $10 billion deal with Goo...
Privatising Vizag Steel Plant will not arise as Centre approved revival package: Andhra CMAndhra Pradesh CM Chandrababu Naidu announced the Centre's approval of Rs 11,440 crore to revive the Vizag Steel Plant, dismissing privatis...
Watch out India, now Bharat has started to riseIn 2023 — three years of a global pandemic and waves upon waves of a deadly virus later — tier 2 and tier 3 cities are taking back the spot...
Infosys leases 5 lakh square feet in Bengaluru"The software major will be paying a rental of around ₹51 per sq ft. The lease term has a five-year lock-in period with a 15-year lease," s...
Sequoia closes largest India, SEA fund at $2.85B; concerns over proposed IT rules changesThe storied VC firm has now closed this fund, and will invest $2 billion of it in Indian startups and the remaining $800 million across Sou...
Covid continues to disrupt hiringOur first three stories today highlight ways in which the pandemic has changed how companies hire, manage and retain employees.
How India can turn pending American legislation against immigration, which targets Indian IT, into an opportunityIndian IT majors have to reinvent their models if they find overnight that their engineers are being packed on flights home, thanks to Trum...