Page 2 - Data Centre

CtrlS Datacenters, NTPC Green ink pact for 2 GW+ renewable power projects

CtrlS Datacenters on Monday said it has signed a strategic memorandum of understanding with NTPC Green Energy Limited (NGEL) to jointly establish grid-connected renewable energy projects with a capacity of up to 2 GW or more. The MoU was signed between CtrlS Founder & CEO Sridhar Pinnapureddy and NGEL CEO Sarit Maheshwari. As part of the MoU, CtrlS and NGEL aim to jointly establish grid-connected renewable energy projects/assets with a capacity of up to 2 GW or more through greenfield development and/or acquisitions, for the supply of renewable power to CtrlS for its captive consumption on mutual agreement or any other business as may be mutually decided between the Parties. The MoU shall be in force for two years with a provision to extend further, the company said in a statement. NGEL, a subsidiary of NTPC Ltd, has an operational capacity of over 8.9 GW and 13 GW under implementation. NGEL plans to have an installed capacity of 60 GW by 2032. Pinnapureddy described the ...

Water-guzzling data centres could strain fragile ecosystems along coasts

Water requirements of these plants are huge as cooling systems can consume millions of litres annually, often in water-scarce regions such as Mumbai and Chennai

AI spending spree tests investors' patience at Meta, Microsoft and Alphabet

Three bellwethers from different corners of the technology world - Alphabet Inc, Meta Platforms Inc and Microsoft Corp - together racked up some $78 billion in capital expenditures last quarter up 89%

India's data centre capacity to double by 2027, rise 5x by 2030: Macquarie

India's data centre pipeline to expand on AI infrastructure, data localisation, and cloud adoption, with $45 bn investment potential by 2030, says Macquarie

Best of BS Opinion: SME IPOs' heady rise masks irrational exuberance

Today's editorials examine the risks around SME listings as well as investments into the AI ecosystems; our columnists bat for automation in agriculture, and for avenues to attract scientific talent

Safeguarding competition: Digital world will need policy intervention

India must act early to define what 'gatekeeper' firms in AI are, ensure that Cloud, compute, & chip providers are not allowed to self-enforce lockins, & force transparency in pricing

Fury mounts over global AI frenzy as data centres strain resources

As tech firms build data centres worldwide to advance artificial intelligence, vulnerable communities have been hit by blackouts and water shortages

Andhra's $15 bn Google deal sparks competition among southern states

Last Wednesday, the Andhra Pradesh government announced that it had approved two major investments by the Raymond group, worth ₹940 crore, in aerospace and automotive manufacturing

The AI gold rush: Investments surge, but gains in GDP are only guesstimates

Huge investments are being committed to AI-related infrastructure, but the technology's positive effects on labour market and GDP are only guesstimates

Meta, Blue Owl seal $30 bn private capital deal for Hyperion data centre

The financing is set to provide a roadmap for other hyperscalers looking to develop data centre without harming their credit ratings, as firms go on borrowing binges to try to keep up with the costs

Building capacity: Data centres in India to improve AI capabilities

These centres are physical facilities housing the computing and networking equipment required to collect, process, store, and distribute data

BlackRock, Nvidia-backed group strikes $40 billion AI data center deal

The acquisition is the latest in a series of big-ticket deals involving Big Tech and Silicon Valley startups that has been fueled by the boom in AI

Adani to partner with Google for India's largest AI hub in Visakhapatnam

The project will include massive data centres, subsea cable links and clean energy systems in Visakhapatnam to power India's advanced AI operations

Creating quantum computing ecosystem is next big thing: Nara Lokesh

The Andhra Pradesh government will sign a pact with Google to set up a one gigawatt hyperscale data centre campus in Visakhapatnam, anchoring the $10 billion 'AI City Vizag' project

Andhra govt to sign Google deal for AI hub, 1-GW data centre in Vizag

Andhra Pradesh inks pact with Google for a ₹80,000-crore 1GW AI data centre in Vizag, expected to create 1.8 lakh jobs and anchor India's first AI City project

Google to pour $10 bn into Visakhapatnam for massive data hub cluster

Andhra Pradesh CM Chandrababu Naidu is set to approve Google's $10 billion investment plan in the data centre hub. This will be Google's largest-ever direct investment in India's digital economy

US tech firms hold back data centre leasing in India amid trade tensions

Demand orders for hyperscale data centers from technology majors like Amazon, Microsoft, and Google are still in the pipeline, but the firms are holding off on signing them for now

Jeff Bezos sees data centres in space within the next two decades

Speaking at the Italian Tech Week in Turin, Bezos also compared the surge in artificial intelligence to the internet boom of the early 2000s, urging optimism despite the risk of speculative bubbles

Sify Infinit Spaces to launch $500 mn IPO in 2 weeks amid data-centre boom

The IPO will fund expansion as India's data-centre demand soars; company runs 14 sites and seeks capital to tap growing AI, cloud, and digital infrastructure market

In a first, China takes data centres underwater to tackle cooling challenge

China is testing an underwater data centre off Shanghai to cut cooling costs; the pod uses ocean currents for low temperatures and mostly renewable energy