Entrepreneur News Network

SK Telecom Launches SK Hyper to Accelerate AI Data Center Expansion

SK telecom

Seoul: South Korean telecom giant SK Telecom (NYSE: SKM) is making one of its most ambitious bets on artificial intelligence infrastructure with the launch of SK Hyper, a wholly owned subsidiary dedicated to developing hyperscale AI data centers across South Korea. The company’s Board of Directors has approved the creation of SK Hyper alongside an … Read more

MGX, AIP and BlackRock’s GIP Complete $40 Billion Acquisition of Aligned Data Centers

Data Center

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

Madison Air Solutions Raises $2.23 Billion in Landmark IPO to Capitalize on AI Data Centre Boom

Data Center

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

Karnataka to Launch India’s First Government-Led AI University and AI Hub

Karnataka

Bengaluru: Karnataka has announced plans to establish India’s first government-led Artificial Intelligence (AI) University along with a dedicated AI Hub, reinforcing the state’s ambition to become a global centre for artificial intelligence, innovation, and advanced technology. The announcement was made by Chief Minister D.K. Shivakumar while inaugurating Google I/O Connect India 2026 at the Bangalore … Read more

HCLTech Enters Full-Stack AI Market with ₹3,500 Crore Investment in AI Data Centres

HCL Tech

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

Meta to Build $9 Billion AI Data Centre in Canada, Strengthening Global Artificial Intelligence Infrastructure

A rendering of Meta’s new 1GW, AI-optimized data center in Alberta, Canada.

Alberta, Canada: Meta has announced plans to invest approximately $9 billion in its first-ever data centre in Canada, marking a significant milestone in the company’s global artificial intelligence (AI) infrastructure expansion strategy. The new 1-gigawatt (GW) facility will be located in Sturgeon County, Alberta, and is expected to take two to three years to complete. … Read more

NTT Leads the way for Green Technologies in Data Centers

startup-funding-india.webp

NTT Ltd., a leading global IT infrastructure and services company, one of the world’s top 3 data center service providers is committed to making the data center space green, and its latest initiative towards the cause is its breakthrough deployments of Liquid Immersion Cooling (LIC) and Direct Contact Liquid Cooling (DCLC) technologies. The company recently … Read more