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Kripa B March 17th, 2025 4:52 PM 0 COMMENTS

AI: MoirAI Cloud Secures USD 1 Million Funding, Du Microsoft Copilot, Chevron AI, and More

AI Cloud company MoirAI Cloud has secured USD 1 million in a pre-seed funding round to increase AI data center efficiency. The company is backed by unnamed "prominent angel investors," and claims that this funding accelerates its AI-driven cloud software offering, which can cut power consumption by as much as 95 percent. Also Read: AI in Telecom: Du Microsoft AI Call Centre, Samsung Nvidia AI-RAN, SoftBank OpenAI AI Agents and... Read More

Kripa B March 3rd, 2025 10:09 AM 0 COMMENTS

Bharti Airtel Plans IPOs for Payments Bank, Nxtra; Focuses on Enterprise Growth: Report

Bharti Airtel is planning to list its Airtel Payments Bank and Nxtra data centre unit in the next few years. While the payments bank is required to go public within 10 years of operations, the Nxtra listing will be aimed at monetization, ET reported, citing a senior company executive. Also Read: Exclusive: Nxtra by Airtel Says Capacity Expansion Is Driven by Customer Needs, Not Competition Airtel Payments Bank Airtel Payments... Read More

Srikapardhi March 1st, 2025 11:18 AM 0 COMMENTS

Maxis to Upgrade Data Center Infrastructure in Malaysia with Nokia

Malaysia's integrated telecommunications provider, Maxis, has selected Nokia to modernise its data center infrastructure to enhance connectivity and scalability using Nokia's data center switches and Event-Driven Automation (EDA) platform. "The modernisation of Maxis' data center connectivity technology will help the company simplify network operations, solve issues faster and automate workloads, all on a robust and secure infrastructure," Nokia announced on Friday, February 28. Also Read: Maxis Unveils Mobile Identity Solution... Read More

Kripa B February 28th, 2025 10:59 AM 0 COMMENTS

Meta in Talks for USD 35 Billion Financing for AI Data Centers: Report

Apollo Global Management is in discussions to lead a financing package of approximately USD 35 billion for Meta Platforms to support the development of AI-focused data centers in the US. KKR & Co. is also part of the investor group, Bloomberg News reported, citing sources familiar with the matter. Also Read: Meta Plans to Invest up to USD 65 Billion in AI in 2025 Meta's AI Investment Plans The talks... Read More

Kripa B February 27th, 2025 5:06 PM 0 COMMENTS

Grant Thornton Bharat and Yotta Data Services Partner to Drive Cloud and AI Adoption

Consulting firm Grant Thornton Bharat announced on Wednesday that it has entered into a strategic partnership with Yotta Data Services to accelerate enterprise adoption of cloud computing, Artificial Intelligence (AI), and Generative AI (GenAI), enhancing innovation, growth, and competitiveness. Yotta Data Services is an end-to-end digital transformation provider offering GPU infrastructure, cloud computing solutions, colocation services, and managed IT services. Also Read: Yotta Data Services Acquires IndiQus Technologies to Strengthen... Read More

Kripa B February 26th, 2025 12:52 PM 0 COMMENTS

Cisco and Nvidia Expand Partnership to Accelerate AI Adoption in Enterprises

Cisco and Nvidia have announced an expanded partnership aimed at accelerating AI adoption in enterprises. The companies intend to create a cross-portfolio unified architecture to simplify the development of AI-ready data center networks by integrating Cisco's networking expertise with Nvidia's AI technologies. The expanded partnership aims to give organizations flexibility and choice as they look to meet the demand of AI workloads for connectivity within – and between – data... Read More

Kripa B February 25th, 2025 4:10 PM 0 COMMENTS

Reliance to Establish AI-Ready Data Center in Assam: RIL Chairman

Reliance Industries Limited (RIL) plans to establish an artificial intelligence (AI)-ready data center in Assam, aiming to enhance the education, healthcare, and agriculture sectors. RIL chairman Mukesh Ambani on Tuesday pledged investments worth Rs 50,000 crore in Assam over the next five years and described the state as a "land of growth opportunities." Also Read: Jio Building World’s Best AI Infrastructure in India: Mukesh Ambani Five Key Priority Areas for... Read More

Kripa B February 25th, 2025 11:17 AM 0 COMMENTS

Apple Announces Over USD 500 Billion US Investment, Expands AI and Manufacturing Efforts

Apple announced on Monday that it will spend more than USD 500 billion in the United States over the next four years. The company's largest spending commitment comes after Apple's CEO held a meeting with the President of the United States last week. The investment will support AI development, silicon engineering, advanced manufacturing, and workforce training. Also Read: Apple Launches First Set of Intelligence Features for iPhone, iPad, and Mac... Read More

Srikapardhi February 21st, 2025 12:43 PM 0 COMMENTS

DataVolt to Develop AI-Ready Data Center in Riyadh

DataVolt, a developer and operator of digital infrastructure, has signed a land lease agreement with the Saudi Authority for Industrial Cities and Technology Zones (MODON) to build a state-of-the-art, AI-ready data center in Riyadh. The 55,000-square-meter facility will be located in the First Technology Park in east Riyadh. "The data center facility will be designed for advanced AI processing and will serve growing demand from hyperscalers, cloud and content providers,... Read More

Srikapardhi February 11th, 2025 6:14 PM 0 COMMENTS

Neom and DataVolt Partner to Build USD 5 Billion AI Data Center in Oxagon

Saudi Arabia's Neom and DataVolt have signed an agreement to develop a 1.5-gigawatt (GW) net-zero artificial intelligence (AI) factory in its Oxagon zone. The development will take a phased approach, with phase one funded by an initial investment of USD 5 billion expected to be operational by 2028, Neom and DataVolt announced on Tuesday, February 11, 2025. Also Read: Fluidstack to Build AI Supercomputer in France with EUR 10 Billion... Read More

Srikapardhi February 10th, 2025 5:39 PM 0 COMMENTS

Equinix Opens Data Center in France with EUR 350 Million Investment

Digital infrastructure company Equinix has launched a new data center, PA13x, in Meudon, Ile-de-France. With a EUR 350 million investment, the facility is part of Equinix's xScale portfolio, targeting hyperscale customers. Unveiled alongside the Global Summit for AI Action, PA13x is designed to support high-performance computing, including AI-driven workloads, while minimizing environmental impact, according to Equinix. Also Read: Mistral AI to Build First Data Centre in France: Report Equinix Expands... Read More

Kripa B February 10th, 2025 12:39 PM 0 COMMENTS

Mistral AI to Build First Data Centre in France: Report

French AI startup Mistral has unveiled plans to invest "several billion euros" in building its first data center in France, aiming to gain full control over data storage and processing capabilities. Mistral co-founder and CEO Arthur Mensch made the announcement ahead of the AI summit in Paris, scheduled for February 10 and 11, 2025, local media reported. Also Read: Mistral AI Unveils New Models for On-Device AI Computing France's Push... Read More