IBM forecast adjusted earnings per share of $2.93 for the quarter, below the analysts’ consensus estimate of $3.02. (AP photo) IBM stock price crash: IBM shares tumbled on Tuesday after the company indicated that its second-quarter revenue would likely fall short of Wall Street expectations. Based on preliminary results, IBM projected quarterly revenue of $17.2 … Read more
India’s fast-growing artificial intelligence data-centre industry is driving a sharp rise in demand for engineers from mechanical, electrical and industrial disciplines, creating lucrative opportunities in fields that had long been eclipsed by software jobs, as reported by Times of India. As companies ramp up investments in AI infrastructure, professionals with expertise in power systems, cooling … Read more
Nvidia has unveiled a new liquid cooling system for its AI servers that the company says eliminates the need for water-hungry air-cooling fans, a development that could significantly reduce the environmental toll of the world’s fast-growing data centres. The Problem: Data Centres Are Draining Water Supplies Across US From contaminated wells to plummeting water pressure, … Read more
Reliance Industries‘ 49th annual general meeting (AGM) on Friday will be in sharp focus as investors await updates on the group’s strategic roadmap, including the timeline for the much-anticipated Jio Platforms IPO, retail growth plans, and developments in its new energy business. During the last AGM held in 2025, the company unveiled a series of … Read more
Adani Group and Jabil Inc. on Monday announced plans to form a strategic alliance to establish a vertically integrated AI and data centre infrastructure manufacturing platform in India, targeting large-scale production of AI-ready hardware for domestic and global markets. The proposed alliance will combine Jabil’s engineering and advanced manufacturing capabilities with Adani Group’s infrastructure, green … Read more
India is entering a decisive phase of growth, driven by AI that has the potential to transform industry, infrastructure and energy systems. From advanced manufacturing to energy production, AI is already moving to the core of industrial operations. As it does so, the pressure is mounting to meet its significant power demands. For decades, geopolitics … Read more
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