News
China turns data centers into virtual power plants in electricity trading first
2+ hour, 30+ min ago (204+ words) China's large-scale data centers have joined electricity spot trading as virtual power plants for the first time, marking a shift in how computing demand interacts with the grid, a report in an official media said. Three data center clusters operated…...
ASML to equip Tata's Dholera fab as Modi anchors chip push
8+ hour ago (210+ words) The two Prime Ministers welcomed the decision of Tata Electronics and ASML to partner together for India's first front-end semiconductor Fab in Gujarat," the Prime Minister's Office said, adding that PM Modi described the partnership as an important step in…...
Nvidia eyes investment in Indian AI startup Simplismart
5+ hour, 36+ min ago (177+ words) Nvidia is extending its capital reach further into India's startup ecosystem. Market sources indicate the AI chip titan is in advanced negotiations to lead a new funding round for Indian generative AI startup Simplismart, aiming to raise approximately $20 million in…...
Changes at the helm at Samsung
8+ hour, 3+ min ago (209+ words) Samsung has overhauled its India smartphone leadership after senior veteran Raju Pullan's exit, unifying online and offline sales under a tighter chain of command. Aditya Babbar now heads the India smartphone business, reporting to Soon Choi, with three key lieutenants:…...
Anthropic nears $30 B funding deal at $900 B valuation
8+ hour, 20+ min ago (268+ words) Anthropic has agreed the terms of a $30 billion fundraising round that would value the AI startup at $900 billion. The deal is expected to close as soon as this month. Four firms " Dragoneer, Greenoaks, Sequoia Capital, and Altimeter Capital " will jointly…...
HMD, Lava and Vi eye windfall as Jio's feature-phone moat cracks
5+ hour, 51+ min ago (284+ words) For nearly a decade, Reliance Jio's grip on India's 4 G feature-phone market rested on a quietly effective lever: bundle the cheapest data plans only with your own devices and competitors will struggle to keep up. That lever has now been…...
ICEYE to set up first India satellite manufacturing facility
7+ hour, 49+ min ago (769+ words) ICEYE is set to establish its first Indian production facility within the next year to manufacture small satellites for defence, surveillance and environmental monitoring. Rafal Modrzewski, CEO and co-founder of ICEYE, said that the facility will serve as the company's…...
Apple and Google push back on India's satellite connectivity rules
7+ hour, 44+ min ago (181+ words) Satellite messaging on phones is still a young technology globally, currently confined largely to premium models. Manufacturers have been deliberately cautious in extending the feature, in part because the underlying physics " a tiny phone antenna talking to a satellite hundreds…...
How Cisco, Intel, and Corning are reviving fears of the tech crash
6+ hour, 45+ min ago (1248+ words) More than 25 years after the dot-com crash wiped out trillions of dollars in market value, some of the same companies that once symbolised the excesses of the internet boom are once again at the centre of Wall Street's hottest rally....
India's hyperscale data centre map tilts east as Bengal takes centre stage
6+ hour, 52+ min ago (190+ words) Reliance Industries, which is building one of India's largest AI-ready data centre footprints, and the Adani Group, which has aggressively expanded its data centre joint venture, are both understood to be evaluating Bengal sites " a move that would lend domestic…...