Alpha Wave Global is in advanced discussions to acquire a 24.04 percent stake in Nxtra Data, the data centre subsidiary of Bharti Airtel, from global private equity company Carlyle for Rs 5,125 crore (USD 600 million), ETTelecom reported, citing people familiar with the matter. The deal pegs Nxtra’s enterprise value … Read More
State-owned NBCC (India) Limited and RailTel Corporation of India Limited have signed a strategic Memorandum of Understanding (MoU) to collaborate on the development of Data Centre projects ,from ‘concept to commissioning’, across India and overseas for the next five years. Also Read: STT GDC India Launches AI-Ready Data Centre in … Read More
ST Telemedia Global Data Centres (India) (STT GDC India) has unveiled a state-of-the-art AI-ready data centre in New Town, Kolkata, with a Rs 450 crore Investment, enhancing Eastern India’s digital infrastructure. Spanning 5.59 acres, the facility is designed to support the rising demand for AI computing with high-density rack configurations, … Read More
India has become a key destination for hyperscalers, with major land acquisitions in cities like Hyderabad and Mumbai to support large-scale data centres, Devi Shankar, Executive Director – Capital Markets at Anarock Capital, told IANS on Wednesday. Also Read: Exclusive: Nxtra by Airtel Says Capacity Expansion Is Driven by Customer … Read More
Maxis, Nokia, Tawal, and Zain KSA are advancing next-generation connectivity through collaborations. From Maxis and Nokia’s partnership to enhance data center networking to Nokia and Tawal’s milestone 5G mmWave active sharing trial, and Zain KSA’s Cloud RAN breakthrough with Nokia, these developments mark significant strides in AI, cloud, and 5G … Read 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 … Read More
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 More
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, … Read More
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 More
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 … Read More
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 … Read More
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 … Read More
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