New Delhi, July 27 (IANS) India’s operational data centre capacity is likely to rise from 2.2 GW in 2025 to 12 GW by 2030, at a compound annual growth rate (CAGR) of 40 per cent, a report said on Monday.AI-dedicated capacity is expected to expand nearly 24-fold over the same period, rising from 275 MW to 6,546 MW, driven by demand from hyperscale cloud providers, enterprise digitalisation and artificial intelligence, the report from Wood Mackenzie said.”India’s data centre market is entering a…
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New Delhi, July 27 (IANS) Chipmaker Intel reported stronger-than-expected second-quarter results, with revenue rising 25 per cent year-on-year, driven by robust demand for artificial intelligence (AI)-powered computing, data centre processors and foundry services, a report has said.As per analysis of the Vietnam Times, the company posted revenue of $16.1 billion for the quarter ended June, up from $12.9 billion a year earlier and ahead of its own guidance as well as analysts’ expectations of aro…
New Delhi, July 27 (IANS) Worldwide information technology (IT) spending is projected to reach $6.37 trillion in 2026, a 14.2 per cent increase from 2025, as investments in artificial intelligence (AI) infrastructure, cloud platforms and intelligent applications continue to accelerate, according to a report released on Monday.Spending on data centre systems and Infrastructure as a Service (IaaS) will record the fastest growth, reflecting rising demand for AI infrastructure and high-performance c…
New Delhi, July 27 (IANS) US-based multinational technology company Nvidia is in talks to provide around $250 billion in financing guarantees to OpenAI as part of a massive artificial intelligence (AI) data centre project in the US, according to a report.As per report published in The Wall Street Journal, the proposed backing would help the ChatGPT maker lease a 10-gigawatt data centre campus being developed by SoftBank’s energy subsidiary in southern Ohio.It further showed that the project is e…
Mumbai, July 27 (IANS) Music composer and producer Abhijit Vaghani, who has been the creative force behind many Bollywood songs in his 27 years of career, has shared his opinion on the music industry increasing affinity for AI in music-making. The music producer spoke with IANS at his studio in the Andheri West area of Mumbai recently. He shared that AI saves music producers or composers the trouble of explaining to a singer why their voice hasn’t been picked.He told IANS, “Earlier, I rememb…
Mumbai, July 24 (IANS) Actor Adil Hussain, who is gearing up for his upcoming film ‘Max, Min and Meowzaki’, has shared his opinion on the Internet, and AI. The actor spoke with IANS during the promotions of the film in the city, and said that while the Internet is a useful tool it is also a wasteland of information.He told IANS, “It’s a very complex situation because there are so many things that I have learnt from the Internet. But it also is a junkyard of information. I think knowledge i…
New Delhi, July 23 (IANS) Samsung on Thursday announced the start of pre-orders for its latest foldable smartphone lineup in India, introducing the Galaxy Z Fold8, Galaxy Z Fold8 Ultra and Galaxy Z Flip8 with a stronger focus on artificial intelligence (AI), productivity and slimmer designs.The new Galaxy Z series, built on seven generations of Samsung’s foldable technology, is powered by Galaxy AI with Gemini Intelligence, enabling users to complete tasks across multiple apps with fewer steps w…
Mumbai, July 23 (IANS) E-commerce company Meesho Limited on Friday reported a consolidated net loss of Rs 132.8 crore for the first quarter of FY27, while its revenue rose 48.3 per cent year-on-year, driven by strong growth in orders and transacting users.The company posted a net loss of Rs 132.8 crore for the quarter ended June 30, 2026, compared with a loss of Rs 289.3 crore in the corresponding period last fiscal (Q1 FY26), according to its stock exchange filing.Revenue from operations increa…
New Delhi, July 23 (IANS) Google’s Gemini app has reached 950 million monthly active users (MAUs), with its daily active users tripling over the past year, as the company continues to expand its artificial intelligence (AI) offerings across consumer and enterprise products, according to CEO Sundar Pichai.In a blog post, Pichai said the rapid growth of the Gemini app has been fuelled by new AI-powered features such as Daily Brief and the personalised Gemini Spark assistant, which is now available…
New Delhi, July 23 (IANS) Uber Technologies has reduced nearly 10 per cent of its customer service workforce as the ride-hailing company reshapes its operations around artificial intelligence (AI) and a leaner organisational structure, according to multiple reports.The latest job cuts affect employees in Uber’s community operations division, which handles customer support, they added.Reports suggest the company is also requiring remote employees in the unit to relocate to designated hub offices …