Tag: Data Centers
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...
Megaport Buys Extreme IX for India Cloud Network Expansion
Megaport Limited, the leading Network as a Service provider, has acquired Extreme IX, India’s highest-traffic Internet Exchange carrying over 4 Tbps across seven major...
Mythic’s $125M Funding for Efficient AI Inference Chips
Mythic, a Palo Alto-based AI chip startup, has raised $125 million to develop analog processing units that deliver up to 100 times greater energy...
Cyient, Kinetic Deal Bets on Custom Power ICs for the AI Era
Cyient Semiconductors has signed a definitive agreement to acquire a majority stake (over 65%) in San Jose–headquartered Kinetic Technologies for a total consideration of...
Microsoft’s $17.5 B India AI Commitment
Microsoft’s latest US$17.5 billion investment marks a significant acceleration in India’s drive to localize artificial intelligence infrastructure, expand sovereign cloud capabilities, and democratize AI access...
Navitas, Cyient Partner to Scale GaN in India
India’s semiconductor roadmap received a major boost with Navitas Semiconductor Corporation and Cyient Semiconductors entering a long-term strategic partnership aimed at accelerating the adoption...
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...
Majestic Labs Raises $100 Million to Build High-Memory AI Servers
A new AI hardware startup, Majestic Labs, founded by three former Google and Meta silicon executives, has raised $100 million to develop next-generation AI...
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...
NTT DATA Warns AI Growth Is Unsustainable Without Green Shift
A new white paper from NTT DATA, titled “Sustainable AI for a Greener Tomorrow,” warns that artificial intelligence’s rapid expansion is placing unprecedented strain...
Alphabet Crosses $100 Billion Quarter on AI and Cloud Growth
Alphabet Inc., the parent company of Google, has recorded its first-ever $100 billion quarter, underscoring the company’s dominance in AI infrastructure, cloud computing, and...
Foxconn to Deploy Humanoid Robots at Nvidia’s Houston AI Server Plant
In a major leap for AI-driven manufacturing, Foxconn, the world’s largest electronics maker and key producer of Nvidia’s AI servers, has announced that it...
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...
