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...
Amazon has laid off approximately 100 employees in its devices and services division, the team responsible for innovations such as the Kindle, Echo smart...
OpenAI has reached an agreement to acquire Windsurf, a rising AI coding platform, for a reported $3 billion, according to Bloomberg. The acquisition comes...
In a strategic move to capture a larger share of the generative AI market, Amazon-backed startup Anthropic has announced a new high-tier pricing plan...
India has emerged as the top global hub for AI-related job growth, as demand for artificial intelligence (AI) and machine learning skills surges across...
Alphabet Inc., the parent company of Google, has reaffirmed its commitment to artificial intelligence (AI) by announcing an ambitious $75 billion investment in data...
India has become ChatGPT’s fastest-growing market, but despite this remarkable uptake, OpenAI is struggling to turn engagement into revenue. According to a new report...
India is leading the global curve in the adoption of Agentic AI, with over 80% of businesses actively exploring the development of autonomous agents,...
Manus, a rising Chinese AI startup, is gaining state support after drawing global attention for its breakthrough in general AI agents. The company, which...
Artificial intelligence (AI)-driven startups are set to dominate the innovation landscape in 2025, yet many still struggle with scaling and monetization, according to a...