Houston, September 1, 2026 — The next bottleneck in artificial intelligence may not be chips. It may be heat. That is the thesis behind SLB’s $4.1 billion acquisition of Kelvion, a global provider of thermal management and heat-exchange technologies. The oilfield-services giant has agreed to acquire Kelvion for approximately $3.4 billion in cash and assume … Read more
India’s data centre industry is rapidly emerging as a major real estate and infrastructure opportunity, with its footprint projected to exceed 101 million sq ft by 2030, according to a new report by Anarock Capital. Once considered a niche technology segment, data centres are becoming critical infrastructure for India’s digital economy as cloud computing, artificial … Read more
REDMOND, Wash – Starcloud, a company developing data centers in space, has raised $250 million in a Series A extension round, valuing the company at $2.3 billion post-money. The funding round was led by Manhattan West, with participation from existing investors including Benchmark, EQT, Soma, NFX and 776. New investors joining the round include NVIDIA, … Read more
Zerodha co-founder and investor Nikhil Kamath has invested around ₹200 crore in CtrlS Datacenters, one of India’s major hyperscale data centre operators. Entrepreneur Sreeram Reddy Vanga has also invested approximately ₹50 crore in the company. The fresh capital is expected to support CtrlS’s infrastructure expansion and data centre capacity build-out as demand for cloud computing, … Read more
Yotta Data Services has entered into a strategic partnership with IntelliDB Enterprise to offer AI-powered Database-as-a-Service (DBaaS) on Yotta’s sovereign cloud platform. The collaboration aims to help enterprises and government organisations deploy modern database infrastructure for AI applications while keeping data hosted within India. The partnership combines Yotta’s sovereign cloud infrastructure with IntelliDB Enterprise’s AI-powered … Read more
In 2020, building a data center cost roughly $7.7 million per megawatt of capacity. By 2026, that global benchmark has climbed to $11.3 million per megawatt — a 47% increase in six years, driven mostly by construction labor, electrical equipment, and land scarcity near power-rich sites. That was already a steep curve. Then artificial intelligence … Read more
“India has 20% of the world’s internet users. It holds 1.5% of global data center capacity. The chips inside cost more than the building and the land combined. Even the largest tech companies lease more than they own, because owning sinks returns. Countries think differently. They need jurisdiction, not hardware. So what happens to a … Read more
Ahmedabad, India | August 10, 2026: Ahmedabad-based thermal management startup KühlTherm has launched two locally developed liquid cooling solutions aimed at supporting the growing demand for high-density artificial intelligence (AI) workloads in India’s data centre industry. The company has introduced a Rear Door Heat Exchanger (RDHx) and a Cooling Distribution Unit (CDU), alongside what it … Read more
New Hyderabad cloud region reinforces Microsoft’s long-term India strategy as demand for AI, cloud computing, and digital infrastructure continues to accelerate. Microsoft has expanded its cloud infrastructure in India with the launch of its India South Central Azure cloud region in Hyderabad, taking the company’s total number of cloud regions in the country to four. … Read more
Padua, Italy: Critical digital infrastructure provider Vertiv has announced new investments at its Tognana campus near Padua, Italy, aimed at expanding manufacturing capacity and advanced testing capabilities for data center cooling systems. The expansion comes as demand for AI-ready infrastructure and high-density computing continues to surge worldwide. Vertiv expects the investment to double its chiller … Read more
Somewhere between a UPI payment cleared in Bengaluru and a chatbot query answered in Mumbai sits a server rack, humming inside a data centre that likely didn’t exist five years ago. Multiply that rack by thousands, spread it across six states, and you have the outline of what Wood Mackenzie now calls one of Asia-Pacific’s … Read more
The IT major is teaming up with Bengaluru AI startup Sarvam and the Odisha government to build sovereign AI infrastructure in Bhubaneswar, marking HCLTech’s first move from AI services into owning AI compute itself. HCLTech has picked its first AI data center location, and it isn’t Mumbai, Chennai, or Hyderabad — it’s Bhubaneswar. The company … Read more
ST Telemedia Global Data Centres (India) (STT GDC India) is doubling down on India’s digital infrastructure boom with the launch of STT Jaipur 1, the first enterprise-grade colocation data centre in Rajasthan. The new facility positions Jaipur as an emerging destination for AI infrastructure, cloud computing, and enterprise digital transformation, while extending STT GDC India’s … Read more
In one of the largest private investments in digital infrastructure to date, MGX, the Artificial Intelligence Infrastructure Partnership (AIP), and BlackRock’s Global Infrastructure Partners (GIP) have completed the acquisition of 100% equity in Aligned Data Centers from infrastructure funds managed by Macquarie Asset Management and its co-investment partners. The transaction values Aligned Data Centers at … Read more
Anant Raj Ltd has announced plans to separate its rapidly growing data centre and cloud services business into a dedicated listed entity, marking a strategic move to unlock value and accelerate growth across both its digital infrastructure and real estate businesses. The company’s Board of Directors has approved a composite scheme of arrangement that will … Read more
Tata Consultancy Services (TCS) has acquired two strategic land parcels in Andhra Pradesh and Pune as part of efforts to support OpenAI’s planned artificial intelligence infrastructure expansion in India, according to media reports. The acquisitions represent a significant milestone in India’s rapidly evolving AI infrastructure landscape and underscore TCS’ growing focus on hyperscale data centres, … Read more
New York: Madison Air Solutions (NYSE: MAIR) has raised $2.23 billion through its initial public offering (IPO), making it the largest U.S. industrial IPO since 1999. The offering values the company at $13.2 billion, underscoring growing investor confidence in businesses supporting the rapid expansion of artificial intelligence (AI) infrastructure. Rather than competing in the AI … Read more
Bengaluru: India’s data centre industry is racing to build AI-ready infrastructure worth billions of dollars, but a critical engineering challenge is rapidly emerging behind the scenes—how to efficiently cool next-generation AI servers without placing unsustainable pressure on the country’s electricity and water resources. As hyperscalers, cloud providers and enterprises accelerate investments in GPU-powered infrastructure, cooling … Read more
Noida: HCLTech has announced its entry into the rapidly growing full-stack artificial intelligence (AI) market, backed by a planned investment of up to ₹3,500 crore to establish AI data centres in India. The company said the strategic investment will enable it to deliver end-to-end AI infrastructure, cloud, software, and managed services to enterprises and government … Read more
A new KPMG in India report maps how the country is moving from a data-hungry importer to a global data centre hub — and why AI is rewriting the blueprint for every server room in between. For years, India’s relationship with data has had an odd asymmetry: the country generates roughly a fifth of the … Read more
