USD 60 billion investment flowed into India’s Data Centre market: Report

USD 60 billion investment flowed into India’s Data Centre market: Report

New Delhi: India’s burgeoning Data Centre market has attracted USD 60 billion from both domestic and international investors between 2019-2024 and given the current growth curve is expected to surpass USD 100 billion in cumulative investment commitments by the end of 2027, according to the latest report by real estate consultant CBRE South Asia. Mumbai … Read more

Centre aims to commence Rs 600-crore data centre in northeast by March 2025

Centre aims to commence Rs 600-crore data centre in northeast by March 2025

The National Informatics Centre Services Inc. (NICSI) under the administrative control of the Ministry of Electronics and IT (MeitY), expects to commence data centre operations in Assam’s Guwahati by March next year, offering services to a host of government departments and agencies. “With a grant from the Ministry of Electronics and IT (MeitY), we are … Read more

IXP companies hiking investments amid data centre boom

IXP companies hiking investments amid data centre boom

Mumbai: Investments in Internet Exchange Points (IXPs) and peering networks are set to surge in India amid the data centre boom to support increasing IT workloads and strong data consumption by mobile users. IXPs, typically, are physical locations where different networks connect to exchange internet traffic via common switching infrastructure. They are responsible for interconnecting … Read more

Intel rebuffs Arm after SoftBank-owned firm asked to buy US chip maker’s product unit

Intel rebuffs Arm after SoftBank-owned firm asked to buy US chip maker’s product unit

Arm Holdings approached Intel Corp about potentially buying the ailing chip maker’s product division, only to be told that the business is not for sale, according to a person with direct knowledge of the matter. In the high-level inquiry, Arm did not express interest in Intel’s manufacturing operations, said the person, who asked not to … Read more

Loyang data centre fire: Building integrity unaffected, but damping down operations continue a day after blaze

Loyang data centre fire: Building integrity unaffected, but damping down operations continue a day after blaze

SINGAPORE: A fire that broke out at a data centre in Loyang on Tuesday (Sep 10) did not affect the structural integrity of the building, preliminary findings by the Building and Construction Authority (BCA) showed.  Damping down operations in the Digital Realty data centre at 3 Loyang Way were still ongoing a day after the … Read more

Fire at Loyang data centre, SCDF operations still ongoing after 12 hours

Fire at Loyang data centre, SCDF operations still ongoing after 12 hours

Digital Realty is an international real estate firm that owns and operates data centres. It has three data centres in Singapore – two in Loyang and one in Jurong. It said its response protocol was deployed as soon as the fire alarm was triggered. “All on-site personnel were safely evacuated by 8.15am and no injuries … Read more

Apple supplier Foxconn sees revenue rising as AI server demand nudges profit up

Apple supplier Foxconn sees revenue rising as AI server demand nudges profit up

Apple’s main contract manufacturing partner, Foxconn Technology Group, said it expects revenue to grow in the current quarter and for the rest of year, after reporting a profit rise boosted by demand for servers powering artificial intelligence (AI) applications. The Taiwan-based company, formally known as Hon Hai Precision Industry, said on Wednesday that net income … Read more

Chinese GPU start-up Moore Threads upgrades its AI data centre solution despite US restrictions

Chinese GPU start-up Moore Threads upgrades its AI data centre solution despite US restrictions

Chinese graphics processor unit (GPU) start-up Moore Threads has unveiled an upgrade to the capability of its artificial intelligence (AI) data centre solution KUAE, boosting the number of GPUs connectable in a single computing cluster to 10,000, as US sanctions continue to hobble its technology progress. The company, founded in 2020 by a former Nvidia … Read more

Hedge-fund Manager Says Nvidia Will Hit a $6 Trillion Valuation by Year-end

Hedge-fund Manager Says Nvidia Will Hit a  Trillion Valuation by Year-end

Hedge fund manager Eric Jackson has made a bold prediction regarding Nvidia’s stock performance, forecasting that it will reach $250 per share by the end of the year. This projection implies a potential upside of over 100% from its current trading levels, positioning Nvidia to achieve a remarkable $6 trillion valuation. Jackson, who utilises a … Read more

India surpasses Australia, Japan, Hong Kong in data centre capacity

USD 60 billion investment flowed into India’s Data Centre market: Report

New Delhi: India has surpassed major countries like Australia, Hong Kong SAR, Japan, Singapore, and Korea becoming the country with the highest data centre capacity of 950 MW in the Asia-Pacific region (excluding China), according to a private report released on Wednesday. India is also likely to record the highest capacity addition of 850 MW … Read more