Tag: AI Infrastructure
Sarvam AI Startup Programme Fuels Indic AI Builders
Sarvam AI has introduced the Sarvam Startup Programme, providing early-stage companies with up to 12 months of API credits, priority engineering support and production-ready infrastructure to build multilingual AI applications without backend complexities. Founders Vivek Raghavan and Pratyush Kumar positioned the initiative to empower India’s developer ecosystem with high-quality models fluent in 22+ Indian languages and English, enabling full agency in creating voice agents,...
Oracle Layoffs Fund AI Data Centre Push Amid Cash Squeeze
Oracle is planning thousands of job cuts across divisions as it grapples with a cash crunch from aggressive AI data centre buildout to support major clients including a $300 billion OpenAI agreement, xAI and Meta, as Bloomberg News first reported. The reductions, potentially broader than typical rolling cuts, may begin this month and target roles expected to diminish under AI automation, coinciding with an...
TCS Secures $1B TPG Deal for HyperVault AI Data Centres
TCS has brought global private equity firm TPG onboard as a strategic investor in HyperVault, its AI-focused data centre venture, through a landmark $1...
India’s IT Spending to Reach $176.3 Billion in 2026: Gartner Forecast
India is heading into one of its strongest IT spending cycles in a decade. According to a latest Gartner forecast, IT spending in India...
Firmus Raises A$500 Million to Expand Project Southgate AI Infrastructure
Australian AI infrastructure company Firmus has secured A$500 million (US$325 million) in fresh funding to accelerate the development of Project Southgate, its large-scale data...
Sela to Invest $15 Million in India to Build Cloud and AI Innovation Centres
Sela, a global cloud consulting and managed services company, has announced a $15 million investment in India over the next five years to expand...
Andhra Pradesh Signs ₹15,000 Crore MoU for 300 MW Data Centre in Vizag
The Government of Andhra Pradesh has inked a ₹15,000 crore memorandum of understanding (MoU) with Tillman Global Holdings, a U.S.-based digital infrastructure company, to...
Parag Agrawal’s AI Startup Parallel Raises $100 Million
Former Twitter CEO Parag Agrawal’s new venture, Parallel Web Systems, has raised $100 million in a Series A round to build advanced AI search...
Cisco AI Readiness Index Finds Only 13% of Firms Truly AI-Ready
A new Cisco report reveals a widening gap between companies experimenting with artificial intelligence and those actually realising measurable business value. According to the...
Tsavorite Secures $100 Million in Pre-Orders for Omni Processing AI Chips
AI hardware startup Tsavorite Scalable Intelligence has secured over $100 million in pre-orders from enterprises and cloud providers across the U.S., Asia, and Europe...
CtrlS and NTPC Green Energy Sign MoU for 2 GW Renewable Power Collaboration
CtrlS Datacenters Ltd, Asia’s largest Rated-4 datacenter operator, has signed a strategic memorandum of understanding (MoU) with NTPC Green Energy Limited (NGEL) — a...
Lambda and Microsoft Join Forces to Build Massive AI Infrastructure
Cloud AI infrastructure company Lambda has announced a multibillion-dollar partnership with Microsoft to deploy large-scale AI infrastructure powered by tens of thousands of NVIDIA...
NVIDIA and South Korea Partner to Build 260,000-GPU AI Infrastructure
Global chipmaker NVIDIA has announced a large-scale partnership with the Government of South Korea to build one of the world’s most advanced national AI...
TCS Launches HyperVault to Drive $7 Billion AI Data Centre Ambition
Tata Consultancy Services (TCS) has established a new wholly owned subsidiary, HyperVault AI Data Center Limited, marking a significant step in its plan to...
