Google is making a $15 billion investment to set up a 1-gigawatt data center and AI hub in India, even as the Indian government pushes for reduced reliance on U.S. tech giants. On Tuesday, Google said it would build the data center in the southern state of Andhra Pradesh, in the port city of Visakhapatnam….
It takes a lot of computing power to run an AI product — and as the tech industry races to tap the power of AI models, there’s a parallel race underway to build the infrastructure that will power them. On a recent earnings call, Nvidia CEO Jensen Huang estimated that between $3 trillion and $4…
Anthropic has a new chief technical officer, former Stripe CTO Rahul Patil. Patil started at the company earlier this week, taking over from co-founder Sam McCandlish, who will move to a new role as chief architect. As part of the change, Anthropic is updating the structure of its core technical group, bringing the company’s product-engineering…
On October 21, a new ticker opened to Nasdaq traders: NBIS, a truncation of Nebius, a fledgling player in the AI cloud infrastructure space. Casual observers could be forgiven for wondering where this company had come from, as there had been little in the way of the usual fanfare that surrounds most startups’ journey to…
The cloud infrastructure market has put the doldrums of 2023 firmly behind it with another big quarter. Revenue continues to grow at a brisk pace, fueled by interest in AI. Synergy Research reports revenue totaled $79 billion for the quarter, up $14.1 billion or 22% from last year. This marked the third consecutive quarter that…