The deal comprises about $600 million in primary equity from Blackstone and co-investors, with plans to add up to another $600 million in debt financing for expansion. Unlike consumer-facing AI tools, Neysa occupies the layer beneath—the compute infrastructure and essentially the Graphics Processing Unit (GPU)-powered data centers that train and run AI models. The company…
Days after Adani Group announced a mammoth $100 billion plan for artificial intelligence (AI)-ready data centers and power, fellow conglomerate Reliance Industries Ltd (RIL) fired another salvo on Thursday with a $110 billion ( ₹10 trillion) bet to build India’s sovereign AI backbone. The money would be invested over seven years by RIL and Jio…
New Delhi: If the opening day of the India AI Impact Summit 2026 was defined by organization lapses and empty aisles, day two was dominated by a flurry of investment announcements that reframed the event as a high-stakes capital story—even as disappointment lingered among exhibitors over the quality of footfalls. Union IT minister Ashwini Vaishnaw…
Eternal Ltd, which runs food delivery firms Zomato and Blinkit, informed the stock market on Tuesday that the company has expanded its strategic partnership with OpenAI to strengthen the Artificial Intelligence (AI) infrastructure. According to PTI report, the company said on February 17 that this partnership will focus on improving AI infrastructure in its businesses…
New Delhi: Private investments in India’s artificial intelligence (AI) infrastructure could double from last year’s $70 billion by the end of the ongoing financial year (FY26), Union electronics and information technology minister Ashwini Vaishnaw said on Friday. Artificial intelligence infrastructure includes data centers and cloud computing servers with graphic processing units (GPUs). “As far as…
A tale of two economies is driving China’s stock market, prompting investors to raise bets on the beneficiaries of an industrial export boom at the expense of firms mired in a consumption slump. The world’s no. 2 economy is painting a picture of consumer-sensitive sectors lagging further behind industries linked to manufacturing and technology. That’s…
Drew Horn, CEO of GreenMet and a senior aide to Donald Trump’s first-term vice president Mike Pence, is planning a “multi-billion-dollar data center project” in Greenland’s remote Kangerlussuaq region, according to a CNBC report. He is positioning it as the solution to the world’s artificial intelligence hyperscaler’s power requirements, as the AI infrastructure race continues…
This article is from the weekly Barron’s Tech email newsletter. Sign up here to get it delivered directly to your inbox. Demand Check. Hi everyone. This week, investors and world leaders are preoccupied with geopolitical uncertainty and the prospect of a new trade war with Europe over the sovereignty of Greenland. The talk has led…
Former US Senator Kyrsten Sinema allegedly had a romantic relationship with a member of her security team, which, according to his ex-wife, led to breaking up of the man’s marriage. Heather Ammel is seeking at least $75,000 from Sinema in a lawsuit. She further accused her of seducing him, according to New York Times. Matthew…
India will be invited to join Pax Silica, a US-led initiative aimed at creating a secure, resilient, and innovation-driven technology and AI supply chain, US Ambassador to India Sergio Gor announced on January 12. Announcing on India’s inclusion comes as a major step in strengthening bilateral cooperation with the United States in high-tech sectors such…
