Tag: Cloud Computing
Infosys Launches AI and Cybersecurity Centre in Hubballi
Infosys has launched a new Centre for Advanced AI, Cybersecurity, and Space Technology in Hubballi, Karnataka, marking a strategic step in the company's decentralised expansion across tier-2 cities. The facility is part of Infosys Living Labs and aims to serve as both a client delivery unit and a hub for applied research and academic collaboration. Expanding innovation capacity beyond metros
The Hubballi centre reinforces Infosys’ strategy...
Meta Secures $29B for AI Data Centre Push
Meta has selected investment firms PIMCO and Blue Owl Capital to spearhead a $29 billion funding deal aimed at expanding its AI-focused data centre footprint in the United States. The financing will support major infrastructure projects in rural Louisiana and forms part of the company’s larger AI co-development strategy. $26B debt from PIMCO, $3B equity from Blue Owl
According to a source familiar with the matter,...
India’s GCC Sector to Hit $105 Billion by 2030
India’s Global Capability Centers (GCC) are projected to grow to $105 billion by 2030, employing over 2.8 million professionals, further solidifying the country’s position...
Lightstorm Secures ₹700 Cr Funding from NIIF IFL for India Expansion
Lightstorm, a portfolio company of I Squared Capital, has secured ₹700 crore in funding from NIIF Infrastructure Finance Limited (NIIF IFL) to accelerate its...
Global Tech Spending to Hit $4.9 Trillion by 2025: Forrester
A new Forrester report forecasts that global technology spending will grow to $4.9 trillion by 2025, marking a 5.6% annual growth rate. The expansion...
Microsoft Expands in Hyderabad, Invests ₹15,000 Cr in AI
Telangana Chief Minister A Revanth Reddy, alongside IT and Industries Minister D Sridhar Babu, inaugurated a new Microsoft campus in Hyderabad on Thursday. The...
Cloud EdTech Market to Reach $215.6B by 2034
The global cloud computing market in EdTech is set to grow from $15.4 billion in 2024 to $215.6 billion by 2034, at a compound...
