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 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...
Amazon has laid off several hundred employees within its Amazon Web Services (AWS) division as part of an internal restructuring effort. The job cuts,...
A widespread outage on Thursday affected two of the world’s largest cloud infrastructure providers—Google Cloud Platform (GCP) and Amazon Web Services (AWS)—resulting in disruptions...
India has emerged as the top global hub for AI-related job growth, as demand for artificial intelligence (AI) and machine learning skills surges across...
Amazon Web Services (AWS) has reaffirmed its commitment to investing $8.3 billion in Maharashtra over the coming years, strengthening India’s position as a global...
Amazon has introduced Ocelot, its first in-house quantum computing chip, marking a significant step in the company’s efforts to develop highly efficient quantum hardware....
Orbital Materials (Orbital), a pioneer in AI-driven materials and climate technologies, has entered into a multi-year partnership with Amazon Web Services (AWS). Together, they...
Amazon has announced a significant commitment of up to $230 million to support startups developing generative AI-powered applications. This investment, with $80 million allocated...