Latest Updates Around The World
New Delhi’s invitation to global companies to build AI data centers in India is being read as a confident move. The logic seems obvious: AI needs computing power, it needs large data centers to function, and India has the scale and space to host it. But countries that started building large numbers of data centers […]
As Wall Street’s love affair with artificial intelligence heavyweights cools, some investors are turning to infrastructure companies that they expect will benefit from AI investments, a shift that is spawning a slew of new products. After huge gains in recent years, shares of AI technology giants such as Alphabet and Amazon have fallen sharply as […]
India has made an aggressive push to attract more than $200 billion in investments in artificial intelligence infrastructure over the next two years as it seeks to position itself as a global hub for AI computing and applications at a time when capacity, capital and regulations are becoming strategic assets. The plans were outlined on […]
Domestic data center companies are likely to benefit significantly from the Budget proposal that offers a 20-year tax holiday as it will allow them to provide services to global customers without risking their foreign income being taxed in India, sources said. The Budget proposal, which offers a 20-year tax holiday until 2047 to any foreign […]
While public opposition to data centers has been intense over the past twelve months, all of the technology sector’s largest companies have pledged additional AI infrastructure expansions in the coming year. This also applies to OpenAI partner Microsoft, on Tuesday announced what it calls a “community-first” approach to AI infrastructure. Microsoft’s announcement, which comes just […]
Improved geothermal startup Fervo Energy has raised $462 million to complete its first large-scale power plant and begin development of several others in its race to deliver electricity to an energy-hungry grid. The new funds will help the company continue work on its 500-megawatt Cape Station power plant in Utah while starting development on several […]
Ahead of a key vote, lawmakers in the D.C. area are urging the operators of the electric grid that powers the region to protect the energy rates customers pay. Ahead of a key vote, lawmakers in the D.C. area are urging the operators of the electric grid that powers the region to protect the energy […]
In a conversation with ET Now, market expert Nischal Maheshwari shared his views on the recent market movements, highlighting sectors that are catching investors’ attention and sectors that warrant caution. Asian Paints: A Trade Bounce Commenting on the recent rise in Asian Paints shares, Maheshwari described it as a “trading bounce” rather than a sustained […]
There are times in financial history when the world is so distracted by the headlines that it completely misses the real story unfolding underneath. I’ve seen this happen time and time again in multiple bull and bear cycles, from the dotcom mania to the housing euphoria to the crypto rush. Today the spotlight has shifted […]
Google announced this week that it is partnering with NextEra Energy revive a nuclear power plant in Iowa that was closed in 2020. NextEra spent the past year looking for a partner to reopen the reactor, and found one in Google, which has been steadily adding carbon-free energy sources to power its growing data center […]
