Meta has become one of Microsoft’s biggest AI customers, reportedly spending hundreds of millions annually and consuming trillions of tokens weekly through Azure.
Vertiv is expanding global manufacturing capacity to meet growing demand for AI-ready data center cooling solutions driven by enterprise and hyperscale AI deployments.
Redwood Materials has raised $550 million to expand its battery energy storage business, targeting the growing power demands of AI data centers.
HFCL has launched OptiQ AI, a dedicated optical connectivity business targeting AI, cloud and hyperscale data centres as demand for AI infrastructure continues to grow.
Gujarat is set to unveil its first data centre policy, targeting AI, cloud and hyperscale investments with incentives, renewable energy norms and 2 GW capacity goals.
Tata Communications has expanded India-Singapore subsea cable capacity to support rising AI, cloud and enterprise connectivity demand.
India’s data centre pipeline has reached 8.33 GW, driven by AI adoption, cloud growth and rising demand for digital infrastructure.
AirTrunk plans to invest over $30 billion in India by 2030, building 5GW of data centre capacity to support rising AI and cloud computing demand.
IBM CEO Arvind Krishna warns that trillion dollar AI data center spending is not sustainable as rising energy and infrastructure costs pressure profitability.