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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Global tech giants and Indian conglomerates are setting up cloud and AI infrastructure, supported by public resources, but the wider payoff is unclear.
When Google announced its $15-billion data centre and artificial intelligence hub in Visakhapatnam earlier this month, it was framed as a milestone in the country’s digital growth. Earlier this year, Amazon Web Services announced an $8-billion expansion of its Mumbai cloud infrastructure, while others like OpenAI and Anthropic are reportedly mulling data centre investments in India too.
The current boom stands out because AI is fundamentally changing demand in the data centre sector. Training and running large AI models requires far more processing power and specialized hardware than traditional cloud computing, making AI-driven workloads the fastest-growing driver of data-centre investment …
The cloud provider had a blockbuster market debut on the back of a single AI deal. But the latest numbers are barely in line with the incredibly high valuation.
Big AI moves in the Middle East this week, Saudi Arabia-backed LIV Golf files for bankruptcy and other updates.
The Abu Dhabi investment firm just upped the AI stakes, private debt in the Gulf is having its moment in the sun, and other updates from this week.
