Why Blackstone’s $1.2 billion bet on Neysa matters for India’s AI future

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…

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Infosys shares rise as Indian IT giant declares partnership with Anthropic to develop AI solutions

Infosys share price rose nearly 3% on Tuesday, February 17, following the announcement of a strategic partnership with Anthropic, an AI safety and research organization, to create and implement advanced enterprise AI solutions for businesses in telecommunications, financial services, manufacturing, and software development. According to a filing made by the company to the exchange, the…

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