Amazon is investing billions more into its Mississippi data centers.
The ecommerce giant will spend $16 billion building the two campuses in Jackson, MS — $6 billion more than what it originally planned to invest, according to state documents seen by Bloomberg. The ...
Datacenter Dynamics14h
OpenAI seeks $40bn in funding at $340bn valuation, including from Stargate-backer SoftBank
Should OpenAI raise the $40bn, it would be a record single funding round for a private company, vaulting its valuation beyond ...
Union Budget 2025: Setting A Vision for Growth, Innovation and Global Aspirations
Announcement of a new ‘Fund of Funds’ and a revamped central KYC system to foster transparency and trust.Economic and Credit Expansion: Aimed at targeted liquidity for MSMEs, farmers, and a shift to ...
Datacenter Dynamics15h
US to impose tariffs on Canada, Mexico, and China
In retaliation, China put tariffs on US imports, including soybeans and corn. This caused farming revenues to drop by more ...
Union Budget 2025-26: Eye on funding GPU procurement, FM sanctions Rs 2,000 crore for IndiaAI Mission
As per the expenditure budget documents, the IndiaAI Mission was sanctioned Rs 551.75 crore during the Union Budget 2024-25, but that went underutilised and was revised to Rs 173 crore. For 2025-26, ...
‘India AI mission GPU hourly pricing aggressively low’
India's AI mission GPU tender saw aggressive bidding, with average prices at Rs 115.85 per GPU hour, far below the global average of $2.5-3. Bidders like Jio, E2E, NxtGen, Locuz, and CtrlS quoted low ...