News
Adani pledges $100 billion to build renewable-powered AI data centres by 2035
2+ hour, 20+ min ago (202+ words) The Adani Group on Monday unveiled one of the world's largest integrated energy-and-compute investments, committing USD 100 billion to develop renewable-energy-powered, hyperscale AI-ready data centres by 2035. By 2035, the investment is expected to catalyse an additional $150 billion across server manufacturing, advanced electrical…...
Adani to invest $100 billion in AI data centres by 2035
3+ hour ago (78+ words) Adani "Enterprises said "on Tuesday the group "will "invest $100 billion "to build renewable energy-powered AI-ready "data centres "by 2035. Adani to invest $100 billion in AI-ready data centres by 2035 Group plans renewable energy-powered facilities to tap surging AI demand Adani "Enterprises said…...
Intellect Design Arena makes enterprise AI solution ‘Purple Fabric’ available as a monthly service
3+ day, 17+ hour ago (212+ words) Purple fabric, the company's end to end agent framework that allows businesses to deploy and scale AI across multiple verticals, is now available at "99,500 per month Intellect Design Arena makes enterprise AI solution "Purple Fabric" available as a monthly service…...
Sonata Software Achieves AWS Premier Tier Status in the AWS Partner Network
6+ day, 6+ min ago (363+ words) Sonata Software Achieves AWS Premier Tier Status in the AWS Partner Network "By combining AWS's breadth of cloud services with Sonata Software's strengths in modernization, data, and AI-led transformation, we help enterprises accelerate value realization while building platforms that are…...
Alphabet raises record $20 billion bond sale to fund massive AI spending
1+ week, 3+ hour ago (525+ words) Alphabet plans capital expenditures of up to $185 billion this year, largely focused on data centers supporting AI growth. The borrowing spree comes as other tech giants ramp up investment, driving a broader surge in bond issuance that could reshape corporate…...
Worldwide sovereign cloud IaaS spending to total $80 billion in 2026: Gartner
1+ week, 21+ hour ago (345+ words) Regionally, West Asia and Africa (89% per cent), Mature Asia/Pacific (87% per cent) and Europe (83% per cent) are projected to record the highest growth in sovereign cloud IaaS spending in 2026 Worldwide sovereign cloud infrastructure as a service (IaaS) spending is forecast…...
Amazon posts strong Q4 holiday sales, but shares fall after it announces a sharp increase in capital spending
1+ week, 4+ day ago (682+ words) Amazon sales surged 14 per cent during the fourth quarter, helped by strong holiday spending and a better-than-expected growth in its prominent cloud computing unit. Wall Street analysts were expecting capital spending to rise to around $147 billion this year, according to…...
BDIA urges removal of reseller requirement for foreign cloud tax exemption
1+ week, 4+ day ago (418+ words) Data centre leaders also advocate zero customs duty on AI and cloud infrastructure, noting that attracting global companies could generate "40,00060,000 crore in personal income tax annually The data centres" representative body, Bharath Digital Infrastructure Association, has sought the removal of…...
Alphabet ramps up AI spending as cloud growth beats expectations
1+ week, 5+ day ago (412+ words) Alphabet said on Wednesday that capital expenditure "could as much as double this year, in yet another aggressive spending ramp-up by "the Google parent as it deepens investments to push ahead in the AI "race. CEO Sundar Pichai said in…...
Snowflake and OpenAI enter $200 million AI data partnership
2+ week, 18+ hour ago (438+ words) This partnership builds on the companies" existing collaboration, with OpenAI leveraging Snowflake as a secure, scalable data platform for experiment tracking, analytics, and testing Snowflake and OpenAI enter $200 million AI data partnership This partnership builds on the companies" existing collaboration,…...