Searched for
NEOCLOUDS
- Market selloff, rising rates test AI data centre deal boomA market selloff is forcing companies driving the global AI boom to delay fundraising plans or pay more for capital as investors demand pro...
US stocks: CoreWeave's slump puts spotlight on debt behind AI boomCoreWeave's financial distress is highlighted by its $50 billion debt and significant default risks, causing stock prices to drop. Investor...- Nvidia-backed Upscale AI launches platform to connect chips from rival suppliersUpscale AI has unveiled Token Fabric, a pioneering platform designed for creating data centers powered by AI chips. This innovative solutio...
- AI spending growth seen slowing sharply by 2028, marking shift towards software: Morgan StanleyMorgan Stanley expects the next 6-12 months to be a transition period, with opportunities broadening beyond semiconductor and infrastructur...
- Govt eyes Rs 20,000 crore fund to power up frontier AI and compute ecosystemThe proposed National Frontier AI & Compute Fund (NFAICF) under the IndiaAI Mission is still under consultation, and its final size, struct...
- Mavenir, Neysa partner to offer sovereign AI infrastructure to telcos, enterprisesNeysa, founded in 2023 and headquartered in Mumbai, provides AI cloud infrastructure, combining GPU compute, inference, orchestration and A...
- AI infrastructure provider Crusoe valued at $30.9 billion in latest funding roundThe Series F round was co-led by Atreides Management, Mubadala Capital and Valor Equity Partners, alongside significant backing from new an...
- Nebius hikes AI cloud prices again as demand for computing power soarsDemand for computing capacity to train and run AI models is surging; rival CoreWeave said earlier in the day that it is signing contracts a...
- CoreWeave launches $3 billion convertible debt saleCoreWeave is set to secure $3 billion via convertible debt offerings to significantly enhance its artificial intelligence infrastructure. I...
- CoreWeave launches $3 billion convertible debt saleNvidia-backed CoreWeave said on Thursday it plans to raise $3 billion through a convertible debt offering, highlighting the massive funding...
- Ooredoo-backed Zankore secures $3.1 billion financing for Nvidia AI cloud platformZankore has successfully obtained a notable loan facility intended for infrastructure development. This funding will facilitate the purchas...
- Mumbai set to hold 68% of India's data centre capacity by 2030Mumbai's data centre capacity will reach sixty-eight percent by 2030. This expansion reflects sustained demand from financial institutions ...
- AI startup Crusoe valued at $30 billion after new fundingSeparately, the startup has signed a five-year cloud contract with trading firm Jane Street Group valued at around $13 billion, Bloomberg ...
- Dell again lifts annual forecasts as AI demand powers record resultsDell raised its annual revenue outlook to $192 billion from $167 billion and adjusted earnings per share forecast to $25.50 from its earlie...
- ESDS to expand data centre operations with Rs 720-cr IPO proceedsESDS Software Solution is embarking on a ₹720-crore IPO aimed at broadening its data center operations across India and Europe. This strate...
- AI data centre firm AMI orders 9,000 Nvidia Vera Rubin chipsAM Intelligence (AMI), promoted by Greenko founders, has ordered 9,000 Nvidia Vera Rubin chips as it builds a 5GW global data centre networ...
- ET World Leaders Forum: Agriculture, manufacturing, logistics & exports could offer major AI opportunities in IndiaIndia is becoming a priority market for Silicon Valley AI companies, which are increasingly building products specifically for Indian users...
- Global Market: AI investment story shifts from spending to picking the winnersThe AI investment debate is shifting toward identifying sustainable winners as spending accelerates. Hyperscalers, semiconductor firms and ...
- Nebius beats quarterly revenue estimates as AI demand fuels growthThe Amsterdam-based AI infrastructure firm reported total revenue of $582.3 million for the quarter ended June, compared with analysts' a...
- 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...
Load More
