Incorporated in September 2025, Reliance Intelligence is a wholly owned unit of Reliance Industries (RIL) It houses RIL’s AI partnerships with global technology firms such as Google and Meta It’s also executing its data centre plans. The group is building a gigawatt-scale AI-ready data centre in Jamnagar, Gujarat. The Company is now getting operationalized. It … Read more
Digital Connexion, a Reliance, Brookfield and real estate investment firm Digital Realty JV, will invest Rs 98,000 cr by 2030 to build 1 Gigawatt AI-native data centers in Visakhapatnam, Andhra Pradesh. The investment will span 400 acres. The project aims to support seamless AI workloads for hyperscalers and enterprises. The company already has a campus … Read more
Amazon.com Inc.’s cloud unit has signed a $38 billion deal to supply a slice of OpenAI’s bottomless demand for computing power. Amazon shares jumped. The ChatGPT maker will pay Amazon Web Services for access to hundreds of thousands of Nvidia Corp. graphics processing units as part of a seven-year deal, the companies announced on Monday. … Read more
Tata Consultancy Services (TCS) has drawn up a $6.5 billion capital expenditure plan that goes beyond simply setting aside risk capital, Times of India reported. The move marks a deeper push to build long-term digital capabilities and potentially guard against what experts call “tech colonisation”. As India’s digital infrastructure demand surges, companies are turning to … Read more
As the earnings season in the US progresses, tech’s internet giants have made it clear to the Wall Street the Artificial Intelligence (AI) investments will be the next big things. Microsoft, Meta, Alphabet and Amazon will now collectively spend $380 billion this year, the tech giants said as they got through the earnings. The companies … Read more
A consortium led by global asset manager BlackRock, along with chipmaker Nvidia and tech giant Microsoft, is set to acquire Aligned Data Centers from Australian financial services major Macquarie in a deal valued at around $40 billion.The acquisition underscores the tech sector’s escalating race to build artificial intelligence infrastructure — from chips and servers to … Read more
ChatGPT maker OpenAI, led by Sam Altman, has announced “Stargate,” a $500 billion project aimed at building new AI infrastructure in the US over the next four years. This initiative, backed by SoftBank, Oracle, and MGX, plans to immediately deploy $100 billion. OpenAI claims Stargate will solidify American AI leadership, generate jobs and economic benefits, … Read more