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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MeitY Launches Param Shakti 3.1 Petaflop Supercomputer at IIT Madras

The Ministry of Electronics and Information Technology has inaugurated Param Shakti, a 3.1 petaflop indigenous supercomputing facility at IIT Madras, strengthening India's research capacity...

India’s First Orbital AI Lab Launches as Space Computing Infrastructure Emerges

A Hyderabad-based space technology startup has secured $5 million in seed funding to build India's first orbital data centre infrastructure, marking a significant milestone...

India Data Centre Capacity Set to Reach 9.2 GW by 2030

India’s data centre capacity is projected to jump almost tenfold to 9.2 GW by 2030 from the current 960 MW, driven by AI-heavy compute...

SoftBank Buys DigitalBridge for $4 Billion as AI Push Spurs Data Infrastructure Bet

SoftBank Group has finalized a $4 billion acquisition of DigitalBridge, positioning the Japanese conglomerate to dominate the physical infrastructure powering AI's global expansion. The...

Mangaluru: 4-5x Cheaper Than Mumbai for AI Data Centres, KDEM Study Confirms

Mangaluru positions itself as one of India's premier coastal data centre destinations, offering land leasing at INR 7.69 per sq ft per month—up to...

TotalEnergies’ 21-Year Solar Deal to Power Google’s Malaysia Data Centres

TotalEnergies has signed a 21-year power supply agreement with Google to deliver 1 terawatt hour of certified renewable electricity to support the tech giant’s...

IBM Nears $11B Confluent Deal to Boost Cloud and AI

IBM is reportedly close to acquiring Confluent for nearly $11 billion, according to the Wall Street Journal, in what would be one of its...

Digital Connexion to Build $11B AI Data Centres in Andhra Pradesh

Digital Connexion has announced a major expansion in India with a plan to invest $11 billion by 2030 to build 1 gigawatt of AI-native...

OpenAI and Foxconn Advance AI Hardware Manufacturing

OpenAI has entered a new collaboration with Hon Hai Technology Group (Foxconn) focused on developing the next generation of hardware required for high-performance AI...

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...