Cloud

Sydney-based IREN also said it’s agreed to purchase the requisite GPUs and related equipment for $5.8 billion from Dell Technologies Inc.

Mumbai strengthens lead as India’s data centre capital, says report

In the first half of 2025, Mumbai's capacity crossed 4GW milestone, a 14.3 percent rise from the year-ago period

Reliance Industries, Google Cloud partner to build AI-dedicated cloud region in Jamnagar

Under the collaboration, Google Cloud will provide its latest-generation generative AI compute expertise, while Reliance will design, build, and power the cloud facilities with green energy and connect them through Jio’s advanced digital network.

Oracle says IT companies making 'massive' investments to adopt Generative AI solutions

Oracle said it is the only hyperscaler that offers end-to-end solutions, encompassing SaaS applications, AI services, data management, and infrastructure

AI Alliance Pune: How Oracle is helping firms address data privacy, security concerns while adopting AI

Oracle is also helping companies tide over cloud migration hesitancy due to data sovereignty and regulatory compliance concerns. Here is what C Prasanna Venkatesan, Director of Product Management, Oracle says

Oracle India unveils roadmap for cloud business after 50% YoY growth

The company is also betting big on SaaS, as it estimates the business opportunity in India to grow to $50 billion by 2030

NYSE-listed Snowflake appoints new India MD, calls country a ‘strategic market’

In India, Snowflake is closely working with both the start-up ecosystem with customers including Swiggy, Kissht, BYJU’s Urban Company to name a few and legacy businesses like Marico.

RBI's cloud centre for financial data sparks concerns among fintechs and banks

A few fintech and digital heads of banks welcomed the move, saying this would be similar to an Aadhaar or NPCI-like setup for domestic financial data and reporting

Adoption of cloud going beyond cost optimisation, used for growth and transformation: Infosys report

Over $300 bn in Cloud commitments made by companies is untapped as only 47 percent of current cloud commitments are utilised.

AI will replace roles, not employees: Zoho CEO Sridhar Vembu

The AI hype wave is settling, making the technology useful for enterprises has now begun, Vembu said.

Netweb Technologies: Should you subscribe to the issue?

At the upper end of the price band, at Rs 500, Netweb is valued at an FY23 PE of 60x. This is expensive, considering that larger peers HPE and VMware trade at significantly lower multiples.

Amazon skips India update, warns of slowdown in global cloud business

Amazon has already shut units like Amazon Food in India and also announced that Amazon Academy would be closed down in a phased manner, starting August 2023

Amazon sees cloud slowdown in April, shares erase gains

In extended trading, Amazon's stock initially added about $125 billion in value on its upbeat view of consumer sentiment and the company's holding its own among cloud competitors, only to see the entire gain vanish in a matter of minutes.

Microsoft unveils suite of cloud tools for telecom firms

Operators can benefit from advanced artificial intelligence that helps to unlock new business opportunities from data on and insights into their operations -- including the rollout of high-speed 5G networks -- the company said in a blog post.

Tech Mahindra sees growth opportunities in metaverse; has over 70-80 active deals

The metaverse, Web3 and AI will be prominent 5G end-use cases, chief strategy officer Jagdish Mitra has said

Watch: Bright, UFO-shaped cloud appears in Turkey

A bright-coloured, flying saucer-like cloud, hovered over a Turkish city this week.

SaaS firm Facilio plans to increase workforce in India, bets big on energy-saving segment

Facilio is opening a new 40,000-sq ft space in Chennai. The new office has a fully automated facility management system in place.

Tech Mahindra launches Cloud BlazeTech platform, plans to increase focus on cloud, telecom verticals

The company expects its cloud vertical to generate $550 million in revenue by 2022

Verizon Business, Wipro join hands for network-as-a-service offering

Wipro’s NaaS solution, powered by Verizon Business, will include a range of pre-configured and tested service chains on a subscription-based consumption model, designed to drive network consumption infrastructure on demand

Infosys to digitise and automate processes at Envision AESC's EV battery manufacturing plants

Envision and Infosys will co-develop a cloud-based, modular platform that leverages AWS Cloud components of Infosys Cobalt to “digitise key processes that require a high level of human intervention”

Cloud to PCs, Microsoft forecasts spook investors as economy bites

The maker of Windows has seen demand slide for its ubiquitous computer software as the spike in inflation forces businesses and consumers to pull back on spending.

Rainbow cloud? Rare natural phenomenon baffles locals in China

A sight of a stunning iridescent cloud has mesmerised and puzzled social media users.

Cloud hangs over US chipmakers on worries data center growth could slow

Analysts say the cloud market has rarely had to weather a prolonged economic downturn since it rose to prominence in the last decade as more businesses adopted the technology, making it harder to predict if it's recession proof or it will be hit in an economic downtown.

Embracing the Metaverse is becoming a business imperative

Organizations across the globe are finding new and innovative ways to embrace this technology in how they do business

Microsoft forecasts double-digit revenue growth on cloud strength

Microsoft forecast Intelligent Cloud revenue of $21.1 billion to $21.35 billion for its fiscal fourth quarter, driven by strong growth in its Azure platform in the booming cloud computing space. That compared with a Wall Street consensus of $20.933 billion, according to Refinitiv data.