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...
India’s national AI mission has taken another major stride toward responsible and secure artificial intelligence with the IndiaAI Division approving five advanced research projects...
The European Commission is rolling out a new “Apply AI” strategy aimed at accelerating the development and deployment of European-origin AI platforms across critical...
OpenAI has officially become the most valuable private startup in the world, reaching a staggering $500 billion valuation following a major secondary share sale....
Cerebras Systems, the AI chip company known for building some of the world’s largest processors, has raised $1.1 billion in an oversubscribed Series G...
OpenAI has unveiled Sora, a consumer video‑generation app that lets people create and share short, AI‑made clips in a social, feed‑style experience. The launch...
Despite a surge of enterprise enthusiasm for generative AI, a new study from the Massachusetts Institute of Technology (MIT) has delivered a sobering reality...
As AI-generated music continues to rise in popularity — and controversy — Spotify has unveiled a set of new transparency measures aimed at encouraging...
A new Gartner survey has revealed that 62% of organizations worldwide experienced a deepfake-related cyberattack in the past 12 months, with nearly one-third facing...
