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Tag: AI infrastructure

Finance/Business / India / News

IT boom in India no longer creating jobs, Zoho founder explains

August 2, 2026August 2, 2026 - by cmedia

IBNS-CMEDIA: Zoho founder and Chief Scientist Sridhar Vembu has warned that India’s biggest challenge is creating enough jobs for its growing youth population amid an uncertain global economic environment, saying …

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News / Technology

Samsung and Broadcom strike a massive $200 billion AI chip deal through 2030

July 26, 2026July 26, 2026 - by cmedia

IBNS-CMEDIA: Samsung Electronics and Broadcom on Saturday announced the signing of a memorandum of understanding (MoU) to significantly expand their strategic collaboration across memory and foundry technologies, aiming to accelerate …

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Finance/Business

India set to get its first AI data centre; Reliance-Meta tie-up sends stocks soaring

June 10, 2026June 10, 2026 - by cmedia

Mumbai/IBNS-CMEDIA: Shares of Reliance Industries Ltd. (RIL) jumped over 2 percent on Wednesday after the company announced a landmark partnership with Meta to develop an AI-enabled data centre in Jamnagar, …

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All Finances

Nvidia to send up to $150 billion a year to Taiwan AI suppliers

May 27, 2026May 27, 2026 - by cmedia

IBNS-CMEDIA: Nvidia CEO Jensen Huang has announced that the company plans to spend up to $150 billion annually on supply chain partners in Taiwan, underlining the island’s central role in …

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Technology

Amazon plans to invest up to $25 billion in Anthropic

April 21, 2026April 21, 2026 - by cmedia

IBNS-CMEDIA: Tech giant Amazon has announced plans to invest up to $25 billion in Anthropic, deepening its partnership with the fast-rising artificial intelligence firm. In a statement issued on Monday, …

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Technology

AI partnership takes shape with India, Italy and Kenya signing strategic deal

February 25, 2026February 25, 2026 - by cmedia

IBNS-CMEDIA: A trilateral Letter of Strategic Intent was signed by Italy, India and Kenya to strengthen cooperation in artificial intelligence (AI) infrastructure. The agreement was signed during the AI Impact …

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Technology

Meta ramps up AI expansion, partners NVIDIA for cutting-edge capacity

February 19, 2026February 19, 2026 - by cmedia

IBNS-CMEDIA: Meta Platforms, the parent company of Facebook, has announced a multi-year strategic partnership with NVIDIA to advance its long-term AI infrastructure roadmap. The large-scale deployment of NVIDIA technologies builds on the companies’ existing relationship …

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Technology

TCS in advanced talks with OpenAI for AI infrastructure partnership

December 4, 2025December 4, 2025 - by cmedia

#OpenAI# Sam Altman# TCS# Tata# AI infrastructure# India AI# data centres# HyperVault# AI partnership IBNS-CMEDIA: Sam Altman’s OpenAI — the creator of ChatGPT — is in advanced talks with Tata Consultancy Services (TCS) to …

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Technology

OpenAI collaborates with Foxconn to strengthen US’ AI hardware capabilities

November 22, 2025November 23, 2025 - by cmedia

IBNS-CMEDIA: Open AI has announced a collaboration with Hon Hai Technology Group (Foxconn) focused on design work and U.S. manufacturing readiness for the next generation of AI infrastructure hardware. As …

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Technology

Big boost to India’s AI infrastructure: Google Cloud joins hands with IIT Madras to unveil Indic Arena initiative

November 13, 2025November 13, 2025 - by cmedia

IBNS-CMEDIA: Google Cloud and Google DeepMind have announced a collaboration with the Indian Institute of Technology (IIT) Madras to support the launch of Indic Arena, an open benchmarking platform for …

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