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Google Signs MoU With Anant Raj To Offer Data Centre Infra
Inc42
·
1y ago
Medial
Google has partnered with Anant Raj Cloud to assist clients in creating artificial intelligence-powered solutions for data infrastructure, productivity, and security. Anant Raj Cloud, a real estate company, is currently constructing 300 MW data centers in three locations in Haryana, India. This collaboration aligns with the growing trend of major tech companies establishing data centers in India to meet the increasing demand for cloud services.
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Server makers, data centres spot opening in DeepSeek's ascent
Economic Times
·
6m ago
Medial
Indian server makers and data center providers like Netweb Technologies, Anant Raj, and Micromax are seizing business opportunities from the launch of the affordable AI model DeepSeek R1, rivaling higher-cost US alternatives. Stock prices for Netweb and Anant Raj surged 10%. Micromax anticipates increased demand after its joint venture, Mi-Phi, started making AI memory chips. Netweb foresees its AI server business revenue contribution rising to 18-20% within two years.
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Delhi developer to invest $2 billion on India data centre boom
Economic Times
·
1m ago
Medial
Anant Raj Ltd. plans to invest Rs 180 billion ($2.1 billion) in data centers, targeting over 300 megawatts capacity by 2032, due to rising AI and data localization demand in India. The company aims for data centers to provide over 40% of its revenue, a significant increase from the current 5%. The expansion aligns with a broader trend among Indian companies investing in data center infrastructure to support digitalization and compliance with data storage regulations.
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Tata Electronics signs tech pact with US chip firm for Dholera fabrication plant
Livemint
·
1y ago
Medial
Tata Electronics has signed an MoU with Synopsys to collaborate on various technological aspects. Synopsys' offerings will be used in Tata Electronics' upcoming semiconductor fabrication plant in Gujarat. The collaboration will involve areas such as factory automation, data analytics, and technology transfer. The partnership aims to offer integrated solutions across the electronics manufacturing value chain. The Dholera fab is expected to produce 3 billion chips per year and cater to various industries including smart appliances, railways, and defense. The partnership could enhance India's semiconductor supply chain and attract clients to the chip fab.
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Google Pay India signs pact with NPCI for global expansion of UPI
Economic Times
·
1y ago
Medial
Google India's digital payment service, Google Pay, has signed a Memorandum of Understanding (MoU) with NPCI International Payments Limited (NIPL) to expand the reach of UPI (Unified Payments Interface) to countries outside India. The collaboration aims to enable UPI-like digital payment systems in other countries, facilitate UPI payments for international travelers, and simplify cross-border financial exchanges. This partnership will help accelerate the global acceptance of UPI and provide foreign merchants access to Indian customers through UPI-powered apps like Google Pay.
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Garuda Aerospace Signs MoU with Sri Lanka's CYOL
Economic Times
·
9m ago
Medial
Drone manufacturer Garuda Aerospace has signed a Memorandum of Understanding (MOU) with CYOL, a Sri Lankan agricultural technology solutions provider, to expand operations in Australia, Africa, and Asia. Garuda Aerospace has officially launched its operations in Sri Lanka through this partnership. The collaboration aims to offer farmers real-time insights, optimized resource management, and enhanced crop monitoring capabilities by integrating drone technology with advanced software solutions. The companies aim to provide comprehensive services to optimize farming operations and promote sustainable agricultural practices.
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Mint Primer: Can India turn into a global hub for data centres? | Mint
Livemint
·
7m ago
Medial
India’s data centre capacity is poised for significant growth, potentially more than doubling to 2-2.3GW by FY27, fueled by increasing digitalization, data localization regulations, AI uptake, and 5G adoption. With about 150 data centres, major players like AWS, Microsoft, and Google are expanding, but India only holds 3% of global capacity despite hosting 20% of global data. Key cities like Mumbai dominate capacity, though smaller cities offer cost advantages and growing infrastructure.
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Punjab govt signs MoU to set up data intelligence support unit - The Economic Times
Economic Times
·
1m ago
Medial
The Punjab government signed an MoU with the Ananya Birla Foundation to establish a data intelligence and technical support unit for their anti-drug campaign. This unit aims to boost rehabilitation efforts, train medical and police personnel, and collaborate with experts to combat drug issues. The unit will streamline drug prevention strategies and work closely with local medical colleges, serving as resource centers, to support a drug-free Punjab through enhanced psychosocial care and data-driven initiatives.
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Google weighs large data centre in Vietnam, in nation's first by US big tech
Economic Times
·
11m ago
Medial
Google is reportedly considering the construction of a large data centre in Vietnam, marking the first major investment of its kind by a US tech company in the country. The proposed hyperscale data centre would be situated near Ho Chi Minh City and is seen as boosting Vietnam's attempts to attract foreign capital for data centres. Google's decision stems from the increasing number of clients using its cloud services in Vietnam and the country's growing digital economy. Although Google has not made an official comment, internal discussions are underway, with hopes for the data centre to be operational by 2027.
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NTT DATA, Neysa ink MoU with Telangana govt to set up Rs 10,500 Cr AI data centre cluster
YourStory
·
3m ago
Medial
NTT DATA and Neysa Networks signed an MoU with the Telangana government to establish an AI Data Centre Cluster in Hyderabad, investing Rs 10,500 crore to develop a 400 MW facility with 25,000 GPUs. This collaboration aims to create an AI innovation ecosystem. Additionally, Toshiba Transmission and Distribution Systems will expand its manufacturing facilities in Telangana with a Rs 562 crore investment. Chief Minister Revanth Reddy encouraged international investments by highlighting Telangana's robust infrastructure and policies.
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TPG signs control deal for digital business services firm Altimetrik
VCCircle
·
1y ago
Medial
Private equity firm TPG has announced its acquisition of a majority stake in Altimetrik, a digital business services company based in India and the US. TPG's investment will help strengthen Altimetrik's brand and support its goal of achieving $1bn in annual revenue within the next three years. The partnership will enable Altimetrik to expand its reach and develop further innovations for digital business. The financial terms of the deal have not been disclosed. Altimetrik will continue to be led by CEO Raj Sundaresan, with support from founder and executive chairman Raj Vattikuti and president of digital business and artificial intelligence, Adam Caplan.
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