Page 6 - Data Centre

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

Blackstone to invest nearly ₹5,000 crore to develop data centre in MMR

Blackstone to invest ₹5,000 crore in 60 MW data centre in Chandivali; India DC sector set for exponential growth with AI, cloud, and 5G demand

Fadnavis lays foundation for AWS data centre, part of $8.3 bn Maha plan

Maharashtra Chief Minister Devendra Fadnavis on Tuesday virtually laid the foundation stone for Amazon Web Services (AWS) data centre here, which is part of the company's USD 8.3 billion investment in the state. The virtual ground-breaking ceremony was held at the Chief Minister's official residence, Varsha. AWS has begun the first phase of its USD 8.3 billion investment in Maharashtra, following a memorandum of understanding (MoU) signed at the World Economic Forum in Davos earlier this year, Fadnavis said in a release. "Maharashtra has emerged as the country's most attractive destination for investment, bringing in the highest commitments even at Davos. We are ensuring ease of doing business by reducing approval timelines, simplifying processes and providing real-time updates on proposals through a dedicated war room," the release quoted the CM as saying. Fadnavis also flagged off India's first 'Think Big Mobile Van' under the Amazon Mobile STEM Lab initiative, to provide student

Tamil Nadu CM inaugurates Equinix's ₹574 crore AI-ready data centre

An Artificial Intelligence (AI) Ready data centre established at an outlay of Rs 574 crore by Equinix India, has been formally inaugurated by Tamil Nadu Chief Minister M K Stalin. With the establishment of the data centre at State Industries Promotion Corporation of Tamil Nadu (SIPCOT) complex in Siruseri, the State government-backed investment promotion agency Guidance, in a social media post on Friday, said the launch of the Centre is powering Tamil Nadu's rise as India's digital hub. "Tamil Nadu: Where Digital Growth Meets Social Responsibility. Hon'ble Chief Minister M K Stalin inaugurated Equinix's Rs 574 crore data centre at SIPCOT, Siruseri, powering Tamil Nadu's rise as India's digital hub," Guidance said. On the occasion, Equinix India Managing Director Manoj Paul contributed Rs 9 crore from the company's Corporate Social Responsibility (CSR) fund to the Chief Minister's Public Relief Fund, reinforcing their commitment to the State's growth, it added. According to a compan

India's data centres may become 2nd-biggest power buyer in Apac region

The massive growth of data centres can be reflected in the fact that global as well as local players have announced investments of US $ 32 billion in the last two years in this space

Google pledges £5 billion UK investment, unveils data centre near London

Google will invest £5 billion in the UK, opening a new data centre near London, creating jobs, backing clean energy plans, and giving a boost to PM Starmer's economic agenda

RIL, Bharti Airtel set to dominate India's $8bn data centre boom: Jefferies

India's data centre capacity is expected to quintuple to 8GW over the next 5 years, driven by rising internet traffic, growing adoption of AI & stricter regulatory mandates around data localisation.

Adani, Ambani race to lead mega energy transition: Bernstein Research

Bernstein says Mukesh Ambani and Gautam Adani are racing to transform Kutch's barren salt flats into the backbone of India's energy transition with massive clean power projects

Govt proposes tax exemption of up to 20 years for data centre developers

Incentives in Meity's draft include GST input tax credit on assets