New Delhi, June 26 (IANS) Around 67 per cent of electricity executives said ‘phantom’ load requests from AI-driven data centres ‑‑19 per cent of them never materialising — have made it harder to predict electricity demand, a report said on Friday.Consequently, it becomes significantly harder to plan power systems, distorting forecasts and increasing the risk of both over- and under-investment, the report from Capgemini said after a survey of over 600 senior electricity executives at organis…
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New Delhi, May 19 (IANS) Worldwide spending on artificial intelligence is projected to jump 47 per cent year-on-year to $2.59 trillion in 2026, driven largely by rising investments in AI infrastructure and AI-optimised servers as enterprises and cloud providers accelerate adoption of generative AI and agentic workflows, a report said on Tuesday. The report from Gartner said AI‑optimized infrastructure including AI‑optimized IaaS, servers, network fabric, processing semiconductors and devices…
New Delhi, Dec 29 (IANS) Even while maintaining a stable yet modest growth rate averaging about 6 per cent per annum, India would become a US$26 trillion economy by 2047-48, with a per capita income exceeding $15,000, which is nearly six times the current value, according to an Ernst and Young (EY) report. The report highlights that there are a few key enablers of growth that uniquely strengthen India’s position in the global economy over the next decade and beyond, as it is most likely to ove…