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...
Oracle has reduced its workforce by about 21,000 employees, or 13%, in fiscal 2026 as the cloud giant continued restructuring its business amid growing...
Meta Platforms has intensified its pursuit of artificial intelligence infrastructure by finalising new agreements with data centre developer Crusoe to secure approximately 1.6 gigawatts...
Australia’s Megaport has landed four new AI infrastructure contracts worth A$458.9 million and is raising A$827.3 million, or about $594 million, to build out...
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...
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...
HCLTech has announced a new partnership with France-based Dolphin Semiconductor to co-develop a generation of energy-efficient chips tailored for IoT devices, data centre workloads,...
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 has brought global private equity firm TPG onboard as a strategic investor in HyperVault, its AI-focused data centre venture, through a landmark $1...
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...
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...