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NEOCLOUD SERVICES
Nvidia to invest up to $2.1 billion in IREN as part of AI data centre dealNvidia is investing up to $2.1 billion in data centre operator IREN to deploy 5 gigawatts of AI infrastructure, addressing the immense dema...08 May, 2026, 08.55 AM IST- Nvidia stocks: Why is NVDA share price down even as AI giant paid several billion dollars investment in in Corning?Nvidia CEO Jensen Huang said the AI chip supplier has made "a multi-billion-dollar prepayment" that was not disclosed when it announced an ...08 May, 2026, 05.27 AM IST
- Jane Street signs $6 billion AI cloud deal with CoreWeave, boosts stakeTrading firm Jane Street has committed approximately $6 billion for CoreWeave's cloud services. This follows a $1 billion equity investment...15 Apr, 2026, 06.33 PM IST
- Microsoft takes over Stargate data center from OpenAI in NorwayMicrosoft will rent 30,000 additional Nvidia Vera Rubin chips from neocloud provider Nscale at a campus inside the arctic circle in Narvik,...14 Apr, 2026, 10.47 PM IST
- CoreWeave strikes AI cloud deal with Anthropic, shares riseCloud infrastructure firm CoreWeave has secured a significant deal with AI startup Anthropic. This multi-year agreement will provide Anthro...10 Apr, 2026, 06.30 PM IST
- AI startup Nava raises $22 million in round led by Greenoaks CapitalRTP Global and Unicorn India Ventures participated in the round. The company will use the fresh capital to expand its GPU compute and AI da...09 Apr, 2026, 09.45 AM IST
- Nebius signs AI infrastructure deals with Meta worth up to $27 billion over 5 yearsUnder the agreement, Meta will also buy an additional $15 billion worth of capacity planned by Nebius over the coming five years if it is...16 Mar, 2026, 10.20 PM IST
- US Stocks: CoreWeave shares slump 15% as doubling capital expenditure sparks margin concernsShares of CoreWeave slumped around 15% on Friday, after the company's plans to double capital expenditure this year stoked investor concern...27 Feb, 2026, 08.30 PM IST
- Blackstone-backed Neysa will go public in next few years, says CEO Sharad SanghiSingh was speaking at the ET AI Conclave in Bengaluru. The cloud infrastructure startup, which offers compute power and software tools to b...26 Feb, 2026, 08.59 PM IST
- AI cloud firm Nebius posts surge in capex on GPU, data centre expensesNebius Group significantly increased spending on AI processors and data centres. This move aims to meet high demand for their cloud service...12 Feb, 2026, 06.58 PM IST
- Nebius leverages Microsoft, Meta contracts for AI expansionNebius will leverage recent multi-billion dollar contracts with Microsoft and Meta to build its business with traditional firms and emergin...03 Dec, 2025, 09.38 PM IST
- Microsoft bets $33 Billion on neoclouds like Nebius to ease AI crunchMicrosoft is investing heavily in "neocloud" companies like Nebius, with deals totaling over $33 billion, to secure crucial AI computing po...02 Oct, 2025, 04.04 PM IST
- OpenAI says it has no plan to use Google's in-house chipWhile it is common for AI labs to test out different chips, using new hardware at scale could take much longer and would require different ...01 Jul, 2025, 06.40 AM IST
- CoreWeave to offer compute capacity in Google's new cloud deal with OpenAICoreWeave has secured a major partnership involving Google and OpenAI, supplying GPU-based cloud capacity to Google Cloud will then sell it...12 Jun, 2025, 07.48 AM IST
- Turf war in the clouds showers on the groundAs neocloud firms begin to challenge hyperscalers’ dominance, Indian data centres seek to benefit from this shift in cloud business, finds ...10 Jun, 2025, 06.00 AM IST
- Microsoft hosts developer conference as focus grows on AI profitsAt its annual developer conference, Microsoft highlighted growing AI demand and its shift towards cost-efficient optimisation. While deepen...19 May, 2025, 09.43 PM IST
- Nvidia software aims to create marketplace for AI computing powerNvidia cloud vice president Alexis Bjorlin said that despite demand surging for chips at startups and large companies, the process of findi...19 May, 2025, 12.36 PM IST
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