Entrepreneur News Network

NVIDIA Chip Rival SambaNova Raises $1 Billion At $11 Billion Valuation

SambaNova

Paris: AI chip startup SambaNova Systems has secured $1 billion in Series F funding, valuing the company at $11 billion, as it looks to strengthen its position in the rapidly expanding artificial intelligence semiconductor market. The funding announcement was made during the Raise Summit in Paris, reinforcing growing investor interest in companies developing alternatives to … Read more

Accenture Wins €200 Million NATO Contract to Build Secure Cloud Infrastructure with Leonardo

NATO Announces Major Contract with Accenture

Ankara, Turkey: Global consulting and technology services leader Accenture has secured a multi-million euro contract worth approximately €200 million from the NATO Communications and Information Agency (NCIA) to modernize the alliance’s digital infrastructure. The project, to be delivered in collaboration with Leonardo, will span the next seven years and support NATO’s transition to a secure, … Read more

UST partners Anthropic to train 20,000 staff on Claude

Manu Gopinath, President, UST.

Mumbai: Digital transformation and AI solutions company UST has announced a strategic alliance with Anthropic, the company behind the Claude family of AI models, to help Global 1000 enterprises accelerate enterprise-wide AI adoption. As part of the collaboration, UST will integrate Claude across its engineering platforms, enterprise solutions, consulting services, and internal operations while training … Read more

78% of Singapore IT Leaders Say Weak Data Infrastructure Is Slowing AI Adoption, Confluent Report Finds

78% of Singapore IT Leaders Say Weak Data Infrastructure

A new global survey is putting numbers to a problem many enterprise IT teams have felt for a while: companies are racing to deploy AI faster than their data infrastructure can actually support it. According to Confluent’s 2026 Data Streaming Report, which surveyed 4,625 IT leaders across 14 countries including India and Singapore, 78% of … Read more

Physical AI Startup Mowito Raises $3 Million in Pre-Seed Funding to Expand AI-Powered Industrial Robotics

Mowito Founder

Bengaluru: Physical AI startup Mowito has secured $3 million in a pre-seed funding round to expand its AI-powered industrial robotics platform and strengthen its global presence. The investment round was led by Version One Ventures, with participation from All In Capital, Unisol, iSeed, and a group of prominent angel investors. The angel investors include Soumith … Read more

DXC Technology Opens AI-First Customer Experience Center in Bengaluru to Drive Enterprise AI Innovation

DXC Technology

Bengaluru: Global technology services leader DXC Technology (NYSE: DXC) has inaugurated a new AI-first Customer Experience Center in Bengaluru, strengthening its commitment to helping enterprises accelerate AI adoption and digital transformation. The facility, one of DXC’s largest global delivery hubs, is designed to enable organizations to move from AI experimentation to large-scale deployment while expanding … Read more

Stylework Raises $1 Million to Accelerate Flexible Workspace Expansion Across India

Stylework

New Delhi: Flexible workspace platform Stylework has secured $1 million in equity funding in the second close of its pre-Series B funding round, reinforcing investor confidence in India’s rapidly growing flexible office ecosystem. The investment round was led by Auxano Capital, with participation from family offices, institutional investors, and high-net-worth individuals (HNIs). The latest funding … Read more

IBM Bets on Flexibility: New z17 and LinuxONE 5 Rack Mount Options Target the Data Center Space Crunch

IBM

IBM has announced an expansion of its z17 and LinuxONE 5 systems, and the headline change is about form factor as much as performance: for the first time across its entire Z and LinuxONE portfolio, IBM is offering rack mount configurations alongside its traditional single frame systems. Both options are built on the same flagship … Read more

Fortinet Appoints Luca Simonelli as Senior Vice President for Asia Pacific to Drive Regional Growth

Luca Simonelli

Singapore: Global cybersecurity company Fortinet has appointed Luca Simonelli as its new Senior Vice President (SVP) for the Asia Pacific (APAC) region, strengthening its leadership team as demand for cybersecurity solutions continues to rise across the region. Based in Singapore, Simonelli will lead Fortinet’s sales organization across Asia Pacific and oversee operations in Japan, North … Read more

UP’s ₹2 Lakh Crore Data Centre Bet: Inside the State’s New 2026 Policy — And What India Still Needs to Catch Up

UP Data Centre Bet

UP Cabinet Clears a New AI-Ready Data Centre Policy Uttar Pradesh just made its biggest digital infrastructure move yet. On Monday, the state Cabinet, chaired by Chief Minister Yogi Adityanath, approved the Uttar Pradesh Data Center Policy 2026, replacing the earlier 2021 policy that lapsed in January this year. The new policy sets two headline … Read more

Capillary Technologies Discloses €3 Million Deepfake Banking Fraud at Overseas Subsidiary

capillary-technologies

New Delhi: Customer loyalty and engagement platform Capillary Technologies has disclosed that one of its recently acquired overseas step-down subsidiaries was targeted in a sophisticated cyber-enabled banking fraud involving advanced deepfake technology. The incident resulted in the fraudulent transfer of approximately €3 million (around ₹32.7 crore) to unauthorized third-party bank accounts. The Bengaluru-based company informed … Read more

AscentHR Acquires OS HRS to Strengthen APAC Payroll and Workforce Solutions Across 20 Countries

AscentHR

New Delhi: HR technology and workforce solutions provider AscentHR has acquired OS HRS, a payroll outsourcing company with more than two decades of experience in managing multi-country payroll operations across the Asia-Pacific (APAC) region. The acquisition strengthens AscentHR’s regional presence and expands its capabilities in payroll, compliance, and workforce management for multinational enterprises. As part … Read more

China Switches On the World’s First Commercial Underwater Data Center Off Shanghai’s Coast

Underwater Datacenter

Roughly ten kilometers from Shanghai’s shoreline, a data center now sits on the seabed — and it’s already processing data commercially, marking what appears to be a global first for offshore computing infrastructure. A Giant Structure, Hidden From View The facility weighs close to 2,000 tonnes and stands 32 meters tall, but almost none of … Read more

NVIDIA Launches Revenue-Sharing Model to Expand AI Cloud Infrastructure and Accelerate Enterprise AI Adoption

Nvidia

New Delhi: NVIDIA has introduced a new revenue-sharing and credit-support business model aimed at expanding access to large-scale AI computing infrastructure for startups, enterprises, AI model developers, research organizations, and regional cloud providers. The initiative reflects the rapidly evolving AI landscape, where demand is shifting from training large language models to running production-scale AI inference … Read more

ServiceNow Acquires Israeli AI Startup ai.work in Multi-Million Dollar Deal

Servicenow

Enterprise software company ServiceNow has acquired Israeli AI startup ai.work as part of its ongoing expansion in Israel and broader strategy to strengthen its artificial intelligence capabilities. While the companies have not officially disclosed the financial terms, the transaction is reportedly valued at tens of millions of dollars. The acquisition reinforces ServiceNow’s focus on building … Read more

Heatronics Raises ₹1.8 Crore Seed Funding Led by Inflection Point Ventures to Expand Preventive Pain Management Solutions

Hargun Singh Chawla, Heatronics

Noida: Preventive pain management and wellness startup Heatronics has raised ₹1.8 crore in a seed funding round led by Inflection Point Ventures (IPV). The investment will support the company’s efforts to expand its product reach, strengthen manufacturing capabilities, and accelerate growth in India’s rapidly evolving healthcare and wellness market. The funding round also attracted participation … Read more

Tulon Materials Raises ₹10 Crore Seed Funding to Advance Sustainable Specialty Chemicals and Circular Materials

Tulon Materials

Mumbai: Tulon Materials, a Mumbai-based engineering startup focused on developing sustainable specialty chemicals and advanced materials, has raised ₹10 crore in a seed funding round to accelerate product development and commercialisation across multiple industrial sectors. The funding round was led by investor Karthik Sundar Iyer, with participation from Karan Goshar and Prakhar Pandey, Partners at … Read more

2 Gigawatts, $80 Billion in Leases: Inside SpaceX’s Quiet Takeover of AI Data Center Infrastructure

Elon Musk

Elon Musk built Colossus to train Grok. Instead, it may end up making SpaceX more money than Starlink — by renting out GPUs to the very companies xAI was supposed to be competing with. The Number That Started It All: $150 Million a Month Open-source AI startup Reflection AI has agreed to pay SpaceX $150 … Read more

India’s AI Data Center Boom: How the Global Colocation Race Is Reshaping the Country’s Digital Infrastructure

India AI data centers

A new McKinsey Global Institute (MGI) report, “Colocation data centers: The infrastructure race behind AI,” lays out a striking number: global data center demand could almost triple between 2025 and 2030 — from about 82 gigawatts (GW) to roughly 220 GW. AI alone is expected to drive nearly 70% of that growth, with AI-related demand … Read more

India GCC Landscape 2026: Inside the Zinnov-Nasscom Report on 2,117 Global Capability Centers and a $98.4 Billion Market

India GCC Landscape

India’s Global Capability Center (GCC) ecosystem has crossed another milestone in FY2026, and the numbers tell a story that goes well beyond scale. According to the newly released Zinnov-Nasscom “GCC Value Orbit: From Delivery Engine to Enterprise Nerve Centre” report, India is now home to 2,117 GCCs, generating $98.4 billion in revenue and employing 2.36 … Read more