Tag: AI Infrastructure

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...
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Samsung’s Six Affiliates Join Forces on a $1 Billion AI Infrastructure Bet

Samsung Electronics and five of its affiliates, Samsung C&T, Samsung SDS, Samsung SDI, Samsung Life Insurance and Samsung Fire & Marine Insurance, will invest...

OpenAI and Broadcom Unveil Jalapeño, a Custom Chip for LLM Inference

OpenAI and Broadcom have introduced Jalapeño, a custom AI accelerator built specifically for large language model inference. It is OpenAI’s first in-house Intelligence Processor...

Qualcomm Deepens AI Ambitions With $3.9 Billion Modular Acquisition

Qualcomm is making a more aggressive move into the AI infrastructure race with its planned acquisition of Modular Inc. for about $3.9 billion in...

Rashi Peripherals Takes A Bigger Bet On Enterprise Services With VDA Infosolutions Buy

Rashi Peripherals is moving into a new phase of growth with its planned acquisition of a controlling stake in VDA Infosolutions, a deal that...

Oracle Cuts 21,000 Jobs As AI Adoption Reshapes Workforce

Oracle has reduced its workforce by about 21,000 employees, or 13%, in fiscal 2026 as the cloud giant continued restructuring its business amid growing...

CtrlS Secures ₹7,000 Crore from CPP Investments to Build 4GW of AI-Ready Datacentre Capacity

Hyderabad-based CtrlS Datacenters has secured a landmark ₹7,000 crore investment from Canada Pension Plan Investment Board (CPP Investments) to accelerate development of next-generation hyperscale...

Meta Secures 1.6 Gigawatts of AI Computing Capacity in Strategic Crusoe Deal

Meta Platforms has intensified its pursuit of artificial intelligence infrastructure by finalising new agreements with data centre developer Crusoe to secure approximately 1.6 gigawatts...

Adani and Jabil Plan AI Hardware Platform for India

Adani Group and Jabil have announced plans to build a vertically integrated AI and data centre infrastructure manufacturing platform in India, targeting demand from...

Schneider Electric and Foxconn Team Up on AI Data Centers

Schneider Electric and Foxconn have announced a strategic collaboration to help define and scale the next generation of AI data centers, combining Foxconn’s manufacturing...

Megaport Secures Four AI Infrastructure Deals and Raises $594 Million for Inference Cloud

Australia’s Megaport has landed four new AI infrastructure contracts worth A$458.9 million and is raising A$827.3 million, or about $594 million, to build out...

AirTrunk to Build 3 GW Data Centre Campus in Maharashtra’s Raigad

Maharashtra has issued a Letter of Intent to AirTrunk for a massive data centre project in Raigad, marking one of the biggest digital infrastructure...

Anant Raj to Invest ₹20,000 Crore in Haryana Data Centre Expansion

Anant Raj Ltd has signed an MoU with the Haryana government to invest ₹20,000 crore in large-scale data centre infrastructure across the state, underscoring...