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
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
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
New Delhi: Magnachip Semiconductor Corporation has appointed Chae Lee as its new Chief Executive Officer (CEO), effective July 1, 2026, as the company strengthens its leadership team to accelerate growth across high-value semiconductor markets. Lee is also expected to join the company’s Board of Directors, while Camillo Martino, who has served as Interim CEO since … Read more
There’s an uncomfortable conversation happening in the war rooms of enterprise IT right now, and it goes something like this: we invested in AI to reduce costs, so why is the invoice getting larger? A new Gartner prediction, published June 2026, puts a hard date on what many engineering leaders already quietly suspect. By 2028, … Read more
New Delhi: Amazon has announced plans to invest $48 billion in India between 2026 and 2030, reinforcing its long-term commitment to one of the world’s fastest-growing digital economies. The investment follows a meeting between Amazon President and CEO Andy Jassy and Prime Minister Narendra Modi, highlighting the company’s expanding focus on artificial intelligence (AI), cloud … Read more
As enterprises accelerate investments in artificial intelligence, organizations are increasingly looking for ways to modernize legacy applications while maintaining security, governance, and operational control. In a significant move aimed at transforming enterprise software engineering, NTT DATA has announced a strategic partnership with Cursor, one of the world’s leading multi-model AI coding platforms. Under the partnership, … Read more
Maharashtra Chief Minister Devendra Fadnavis met Amazon CEO Andy Jassy in Mumbai on Wednesday, June 24, 2026, in a high-profile meeting that underscored the state’s ambition to remain India’s leading destination for technology and cloud infrastructure investment. The meeting, held during Jassy’s first visit to India since taking over as Amazon’s chief executive from founder … Read more
As artificial intelligence workloads continue to drive unprecedented demand for data center capacity, NVIDIA has unveiled a breakthrough cooling architecture that could dramatically reduce energy consumption, lower operating costs, and nearly eliminate water usage in hyperscale facilities. The company’s next-generation Rubin AI platform is the world’s first AI infrastructure designed with 100% liquid cooling, where … Read more
Taiwan-based enterprise AI platform MaiAgent is showcasing its AI agent technology at VivaTech 2026 in Paris, positioning itself as a solution for organizations seeking to move beyond artificial intelligence pilot projects and deploy production-ready AI systems at scale. The company announced that its platform is helping enterprises accelerate AI transformation by eliminating the need to … Read more
Global energy technology leader Schneider Electric has announced a strategic partnership with Hon Hai Technology Group (Foxconn) to develop and scale the next generation of AI data centers, addressing the rapidly growing infrastructure demands driven by artificial intelligence adoption worldwide. The collaboration brings together Foxconn’s expertise in advanced computing platforms, AI server integration, and global … Read more
German robotics company Neura Robotics has secured a landmark Series C funding round worth up to $1.4 billion, attracting support from some of the world’s biggest technology companies and investors as competition intensifies in the rapidly growing humanoid robotics sector. The funding round includes participation from major global players such as Nvidia, Amazon, Qualcomm, Tether, … Read more
Japan’s corporate hierarchy is undergoing a dramatic shift as Kioxia Holdings, one of the world’s leading memory chip manufacturers, has overtaken Toyota Motor Corporation to become the country’s most valuable company by market capitalization. The milestone underscores the growing influence of artificial intelligence on global financial markets, with semiconductor companies increasingly emerging as the biggest … Read more
New York/Tel Aviv: Observability and data intelligence platform Coralogix has secured $200 million in Series F funding, strengthening its position in the rapidly growing AI infrastructure and enterprise observability market. The funding round was jointly led by Advent, Canada Pension Plan Investment Board (CPPIB), and Greenfield Partners, with additional participation from Brighton Park Capital. With … Read more
Google and Telstra have announced a major strategic partnership to expand and strengthen digital infrastructure across Australia and the broader Asia-Pacific region, supporting the growing demand for cloud services, artificial intelligence (AI), and high-capacity internet connectivity. The collaboration brings together Google’s global network infrastructure capabilities and Telstra’s extensive telecommunications expertise to deliver faster, more secure, … Read more
Spectral Compute, a London-based software company and the developer of SCALE, a breakthrough framework that allows CUDA (Compute Unified Device Architecture) applications to run on any GPU, has raised $6 million in seed funding. The funding round was led by Costanoa Ventures, with participation from Crucible and several angel investors. The investment will enable Spectral … Read more
