Tag: Cloud Infrastructure
ASML to Cut Around 1,700 Jobs in AI‑Driven Reorganisation
ASML, the Dutch semiconductor‑equipment giant that holds a near‑monopoly on advanced lithography tools used to manufacture cutting‑edge chips, is planning to cut roughly 1,700 jobs, or about 4 per cent of its 44,000‑person workforce. The move was announced in January alongside the company’s record full‑year revenue of €32.7 billion and signals a major internal reorganisation aimed at streamlining operations even as demand for advanced...
MeitY Proposes Continuous Labelling for AI‑Generated Content
The Ministry of Electronics and Information Technology (MeitY) has proposed that all content generated with the help of artificial intelligence carry a continuous and clearly visible label alerting users that the material has been synthetically created. The draft amendment to the Information Technology Rules (Intermediary Guidelines and Digital Media Ethics Code), 2021 requires that the labelling must remain on display for the entire duration...
Deutsche Börse Opens Global Value Centre in Hyderabad
Deutsche Börse Group, one of the world’s largest capital market technology providers, has inaugurated its Global Value Centre (GVC) in Hyderabad, India — a...
OpenAI and AWS Ink $38 Billion Deal to Build AI Infrastructure
OpenAI has signed a $38 billion multi-year agreement with Amazon Web Services (AWS) to run and scale its core artificial intelligence workloads on AWS’s...
Microsoft Secures $9.7B Cloud Deal with IREN for AI Compute Expansion
Microsoft has entered into a $9.7 billion agreement with data center operator IREN, securing access to NVIDIA’s advanced GB300 chips to meet its surging...
Crusoe Raises $1.38B to Expand AI Data Centers
U.S.-based AI data center startup Crusoe has raised $1.38 billion in a new funding round, propelling its valuation to nearly $10 billion. The Series...
HCLTech Finds AI Trust and Readiness Gaps in Payments Sector
HCLTech’s latest industry report reveals a paradox at the heart of the payments sector: while nearly every firm uses AI in some form, very...
Microsoft Debuts AI Chip Cooling That’s 3x More Efficient
As AI models become more powerful, the chips that run them are generating unprecedented heat — and that’s emerging as a critical bottleneck in...
Cisco Unveils Software to Link Quantum Machines via Cloud
While tech giants like IBM, Google, and Microsoft are focused on building quantum computers, Cisco is carving out its niche in connecting them. On...
Blackstone Plans $5B Data Centre Expansion in Spain
Blackstone has announced plans to invest an additional €4.3 billion (approximately $5 billion) in its ongoing hyperscale data centre project in Aragon, Spain. This...
Google to Invest â‚ą52K Cr in Vizag Data Centre
Tech giant Google is preparing to make its largest infrastructure investment in India yet, with plans to build a 1 gigawatt (GW) data centre...
Mistral AI Unveils Sovereign Compute Platform
French AI startup Mistral AI has launched Mistral Compute, a new infrastructure platform designed to offer enterprises and institutions full control over their AI...
Telecom sector hiring steady in H1 2025: TeamLease
India’s telecom sector continues to show steady hiring momentum, with 45 per cent of surveyed companies expressing intent to hire freshers in the first...
HPE Launches Private Cloud AI in India
Hewlett Packard Enterprise (HPE) has officially launched its HPE Private Cloud AI solution in India, a unified platform designed to simplify and accelerate the...
