Tag: AI Funding

TeraNova DC Targets 2 GW of AI-Ready Data Centres in India by 2032

Singapore-based Hillhouse Investments has launched TeraNova DC, a dedicated data-centre platform that plans to invest $12 billion to $15 billion in India by 2032. With a target of more than 2 gigawatts (GW) of capacity, the platform is set to become one of the largest announced data-centre programmes in the country. TeraNova DC will focus on hyperscale and AI-ready infrastructure. Its proposed locations are Maharashtra,...

Tech Mahindra’s Profit Rises 23.2% as Almost Every Large Deal Now Includes AI

Tech Mahindra’s profit after tax (PAT) rose 23.2% year on year to $166 million in the second quarter of FY27. The company won $1.023 billion in new deals in the quarter, up 25.4% from a year earlier. Deal wins over the past 12 months rose 34.8% from the same period a year before. On the earnings call, CEO and Managing Director Mohit Joshi said...
spot_img

Elon Musk’s xAI Nears $20B Funding Round Backed by Nvidia

Elon Musk’s xAI is reportedly close to securing a $20 billion funding round, including a major equity investment from Nvidia, as it scales up...

Mistral AI Raises €1.7B to Challenge AI Giants

French AI startup Mistral has secured €600 million in equity funding, with an additional €1.1 billion in debt financing, as part of its Series...

ContraVault AI Raises ₹5.1 Cr to Scale TenderTech

ContraVault AI, a deep-tech startup focused on automating tender and RFP management through artificial intelligence, has raised ₹5.1 crore in a seed funding round...