Tag: Data Centres

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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NVIDIA to Invest $1 Billion in Nokia for AI-Driven Network Partnership

In a landmark collaboration that bridges telecommunications and artificial intelligence, NVIDIA has announced a $1 billion equity investment in Nokia, marking the beginning of...

Intel Unveils Crescent Island AI Chip for 2026

Intel has announced its return to the artificial intelligence chip race with the launch of Crescent Island, a new GPU designed for AI data...

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...

Meta Secures $29B for AI Data Centre Push

Meta has selected investment firms PIMCO and Blue Owl Capital to spearhead a $29 billion funding deal aimed at expanding its AI-focused data centre...

OpenAI to Build $1B AI Centre in Norway with Aker

OpenAI is expanding its global infrastructure footprint with the launch of its first European AI data centre in Norway. The new facility, part of...

India’s Data Centre Capacity to Triple by 2030

India’s data centre capacity is projected to grow nearly threefold—from 1.1 GW in 2024 to 3 GW by 2030, according to a new report...

AI Spurs 150% Emissions Surge at Tech Giants: UN

A new report by the United Nations’ International Telecommunication Union (ITU) has found that indirect carbon emissions from top AI-focused technology firms rose by...

Amazon Commits $13B to Data Centres in Australia

Amazon Web Services (AWS) has announced plans to invest A$20 billion (approximately US$13 billion) between 2025 and 2029 to expand, operate, and maintain its...

India’s Data Centre Sector Set for $25B Boost

India's data centre (DC) industry is poised for a massive investment wave of $20–25 billion over the next six years, according to Colliers India....

CtrlS to Invest ₹500 Crore in New Data Centre in Bhopal

CtrlS Datacenters has announced a major investment of ₹500 crore to establish a greenfield data centre in Bhopal, Madhya Pradesh. Spread across 5 acres...

Alphabet to Invest $75B in AI Data Centres

Alphabet Inc., the parent company of Google, has reaffirmed its commitment to artificial intelligence (AI) by announcing an ambitious $75 billion investment in data...

NBCC Signs MoU with RailTel for Data Centre Projects

State-owned infrastructure giant NBCC (India) Ltd has signed a strategic Memorandum of Understanding (MoU) with RailTel Corporation of India Ltd to jointly develop data...