Tag: Hyperscalers
Sarvam AI Startup Programme Fuels Indic AI Builders
Sarvam AI has introduced the Sarvam Startup Programme, providing early-stage companies with up to 12 months of API credits, priority engineering support and production-ready infrastructure to build multilingual AI applications without backend complexities. Founders Vivek Raghavan and Pratyush Kumar positioned the initiative to empower India’s developer ecosystem with high-quality models fluent in 22+ Indian languages and English, enabling full agency in creating voice agents,...
Oracle Layoffs Fund AI Data Centre Push Amid Cash Squeeze
Oracle is planning thousands of job cuts across divisions as it grapples with a cash crunch from aggressive AI data centre buildout to support major clients including a $300 billion OpenAI agreement, xAI and Meta, as Bloomberg News first reported. The reductions, potentially broader than typical rolling cuts, may begin this month and target roles expected to diminish under AI automation, coinciding with an...
Semiconductor Engineering Outsourcing to Hit $16B by 2030
The global semiconductor industry is entering one of the most aggressive expansion cycles in its history, and engineering outsourcing is emerging as a critical...
TCS Secures $1B TPG Deal for HyperVault AI Data Centres
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...
Majestic Labs Raises $100 Million to Build High-Memory AI Servers
A new AI hardware startup, Majestic Labs, founded by three former Google and Meta silicon executives, has raised $100 million to develop next-generation AI...
TCS Launches HyperVault to Drive $7 Billion AI Data Centre Ambition
Tata Consultancy Services (TCS) has established a new wholly owned subsidiary, HyperVault AI Data Center Limited, marking a significant step in its plan to...
