Tag: Generative AI

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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NTT DATA Report Finds Only 15% of Enterprises Convert AI Pilots Into Profitable Growth

A new study from NTT DATA signals a widening execution divide in enterprise AI maturity. The 2026 Global AI Report: A Playbook for AI Leaders reveals that while generative AI adoption has accelerated globally, only 15%...

AI Workplaces Boost Enterprise Performance: Unisys

As enterprises navigate cost pressures and accelerating automation demands, new data from Unisys reveals how AI‑powered digital workplaces are reshaping business outcomes. The company’s Digital...

Parag Agrawal’s AI Startup Parallel Raises $100 Million

Former Twitter CEO Parag Agrawal’s new venture, Parallel Web Systems, has raised $100 million in a Series A round to build advanced AI search...

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...

Lambda and Microsoft Join Forces to Build Massive AI Infrastructure

Cloud AI infrastructure company Lambda has announced a multibillion-dollar partnership with Microsoft to deploy large-scale AI infrastructure powered by tens of thousands of NVIDIA...

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...

Mondelez Uses Generative AI to Slash Marketing Costs

Global snack giant Mondelez International is deploying a new generative AI tool to revolutionize its content creation process and reduce marketing production costs by...

Samsung–SoftBank Partner on AI-Powered 6G Networks

Samsung Electronics and SoftBank have signed a Memorandum of Understanding (MoU) to co-develop next-generation telecommunications technologies, including AI-based radio access networks (AI-RAN) and 6G...

Anthropic Expands Google Deal for One Million AI Chips

AI research firm Anthropic has announced an expanded partnership with Google, securing access to one million Tensor Processing Units (TPUs) in a deal valued...

Cognizant Launches Vibe Coding Blueprint for Enterprises

Cognizant has launched its Enterprise Vibe Coding Blueprint, a comprehensive service suite designed to help large enterprises operationalize generative AI across their organizations. The...

Salesforce Faces Lawsuit Over AI Copyright Use

Salesforce is facing a proposed class action lawsuit in the United States, accused of using copyrighted books without permission to train its artificial intelligence...

WPP Signs $400M AI Marketing Deal with Google

In a landmark move set to reshape global marketing, WPP has announced a $400 million strategic partnership with Google to strengthen its AI-powered marketing...