Data Centre

Even after trading was largely restored on Friday, disruptions extended well into the US session, with CME Direct, a trading platform provided by the exchange, offline for most of the day

Digital Connexion will invest $11 billion to build a 1 GW AI-native data centre campus in Visakhapatnam, complementing Google's $15 billion plan for India's largest AI data hub

LightSpeed Photonics' $6.5 million Pre-Series A round will accelerate development of its compact, energy-efficient optical interconnects aimed at AI, HPC and next-gen data infrastructure

The report highlighted that to cater to buoyant demand, capacity in the industry is expected to double to 2.3-2.5 gigawatt (GW) by March 2028

TCS-TPG deal: TCS, on Thursday, announced securing a $1-billion investment from TPG to scale up its AI-data centre platform 'HyperVault'.

TCS has entered a strategic alliance with TPG, which will invest $1 billion in HyperVault as both firms commit up to Rs 18,000 crore over the coming years to build GW-scale AI data centres

Companies are rushing to build data centres in India, bringing billions in investment, but a key sustainability challenge looms: cooling these power-hungry facilities in a water-scarce country

India's IT spending is projected to grow faster than the global average in 2026, driven by rapid expansion of data centres, rising cloud adoption and accelerating investment in GenAI-enabled software

Gartner projects India's IT spending to rise 10.6% to $176.3 billion in 2026, driven by strong data centre and software investments as enterprises accelerate cloud, AI and digital adoption

Samsung has raised prices of key memory chips by up to 60 per cent as AI data centres drive huge demand, causing a global shortage and pushing up costs for servers

Texas has become a magnet for data centers as companies chase relatively cheap energy, vast tracts of land, and a state eager to host the infrastructure that's powering AI boom

Realty developer Anant Raj has signed an MoU with the Andhra Pradesh government to invest Rs 4,500 crore in a data and cloud services centre, a move expected to create nearly 16,000 jobs

He added that Andhra Pradesh has commitments to build 5.5 GW of data centers from companies including Reliance Industries Ltd

Naidu outlines a tech-driven roadmap for the state - from AI data centers and quantum computing to green hydrogen and MSME-led industrial growth

Google Cloud's $15 billion AI investment in Visakhapatnam aims to meet rising local demand for sovereign data and AI solutions, says global revenue head Matt Renner, calling India a key growth market

Andhra Pradesh has signed an MoU with Tillman Global Holdings to develop a 300 MW hyperscale data centre campus in Visakhapatnam with an investment of Rs 15,000 crore over 12 months

Smaller outfits - far from household names, not nearly as wealthy but eager to get in on the AI boom - have started to build their own giant data centers

India has emerged as one of the world's most attractive markets for data centre investment, with Mumbai ranking as the second-lowest-cost region globally for data centre construction in 2025, according to the latest Turner & Townsend Data Centre Construction Cost Index. The report states that Mumbai's data centre construction cost is just USD 6.64 per watt, positioning the city 51st out of 52 global markets assessed. The ranking is based on the cost per watt to build data centres, with 1st rank representing the highest construction costs and 52nd the lowest. Thus, Mumbai's 51st position indicates it is the second most cost-effective city in the world for data centre construction, offering significantly lower costs compared to most other markets. This low-cost environment gives India a strategic edge for investment, substantially lower than other major hubs such as Tokyo, Singapore, and Zurich, where costs per watt are at least twice as high. Mumbai also benefits from a cheaper ...

Google's $15-billion AI hub in Vizag will anchor India's next big tech ecosystem as the state pivots from special status to investment-led growth, says Nara Lokesh

The project envisions a network of small satellites, each equipped with Google's custom-designed Tensor Processing Unit (TPU) chips