Microsoft plans to invest $3 billion on AI, cloud infrastructure in India
2 days ago

Microsoft plans to invest $3 billion on AI, cloud infrastructure in India

Live Mint  

Microsoft plans to spend $3 billion over the next two years to expand its cloud and artificial-intelligence infrastructure in India, the latest in a string of investment pledges by U.S. tech giants amid booming AI computing needs. Microsoft Chief Executive Satya Nadella said at an event in Bengaluru, India, on Tuesday that the investment marks the company’s single largest expansion in the country to date. The company plans to invest $80 billion in AI data centers in its current fiscal year ending in June, according to a blog post by Microsoft President Brad Smith last Friday. Spending $80 billion on data centers would continue the trajectory set in Microsoft’s first quarter that ended last September, when it spent $20 billion on capital expenditures and leases, primarily for data centers.

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Microsoft partners with IndiaAI to train 5 lakh people on AI by 2026 | Details
Trending News
8 hours, 52 minutes ago

Microsoft partners with IndiaAI to train 5 lakh people on AI by 2026 | Details

India TV News  

Microsoft partners with IndiaAI: The government's artificial intelligence programme unit IndiaAI has partnered with technology giant Microsoft to train 5 lakh individuals, including students, educators, developers, government officials, and women entrepreneurs on AI by 2026. Microsoft India and South Asia President, Puneet Chandok told news agency PTI that the USD 3 billion investment announced by the company's Chairman and CEO …

AI startups drive VC funding resurgence, capturing record U.S. investment in 2024
1 day, 6 hours ago

AI startups drive VC funding resurgence, capturing record U.S. investment in 2024

The Hindu  

Artificial intelligence startups have contributed significantly to the recovery of U.S. venture capital funding from market lows, with the total capital raised in 2024 nearly 30% higher year-on-year, according to PitchBook data released on Tuesday. AI startups also captured a record 46.4% of the total $209 billion raised last year, compared to less than 10% a decade earlier. The enthusiasm …

Microsoft announces $3 billion investment in India to strengthen AI and cloud infrastructure
Top News
2 days, 1 hour ago

Microsoft announces $3 billion investment in India to strengthen AI and cloud infrastructure

The Hindu  

Microsoft on Tuesday announced a $3 billion investment in India, marking its largest-ever expansion in the country. The announcement, made by CEO Satya Nadella at Microsoft AI Tour event in Bengaluru, underscores tech giant’s commitment to bolstering India’s AI infrastructure and driving innovation in one of the fastest-growing digital markets in the world. The investment will be focused on building …

Microsoft announces $3 billion investment in India after Satya Nadella’s meet with PM Modi
Top News
2 days, 2 hours ago

Microsoft announces $3 billion investment in India after Satya Nadella’s meet with PM Modi

Live Mint  

American big tech firm Microsoft Corp. will invest $3 billion in India to expand the country's artificial intelligence capacity and its own Azure cloud-computing services business in the nation, reported the news agency Reuters, citing Chief Executive Officer Satya Nadella speaking at an event on Tuesday, Janaury 7. “I am really really excited to announce the single largest expansion we …

Microsoft CEO Satya Nadella announces $3 billion investment in India for AI, cloud infrastructure and skilling
2 days, 11 hours ago

Microsoft CEO Satya Nadella announces $3 billion investment in India for AI, cloud infrastructure and skilling

India Today  

Microsoft Chairman and CEO Satya Nadella announced a $3 billion investment in India over the next two years to bolster the country’s AI and cloud infrastructure and skilling initiatives. “These investments reaffirm our commitment to making India AI-first and ensuring that people and organisations across the country benefit broadly.” Empowering the workforce Under its now AI initiative in India, the …

Microsoft to Spend $80 Billion on AI Data Centers This Year
4 days, 22 hours ago

Microsoft to Spend $80 Billion on AI Data Centers This Year

Deccan Chronicle  

Microsoft Corp. plans to spend $80 billion this fiscal year building out data centers, underscoring the intense capital requirements of artificial intelligence. Cloud infrastructure providers like Microsoft and Amazon.com Inc. have been racing to expand computing capacity by constructing new data centers. In the previous fiscal year ending in June 2024, Microsoft spent more than $50 billion on capital expenditures, …

Microsoft plans to invest $80 billion on AI-enabled data centers in fiscal 2025
6 days, 11 hours ago

Microsoft plans to invest $80 billion on AI-enabled data centers in fiscal 2025

CNN  

Reuters — Microsoft is planning to invest about $80 billion in fiscal 2025 on developing data centers to train artificial intelligence models and deploy AI and cloud-based applications, the company said in a blog post on Friday. AI requires enormous computing power, pushing demand for specialized data centers that enable tech companies to link thousands of chips together in clusters. …

India's data centre capacity to more than double by FY27: Crisil Ratings
2 weeks, 2 days ago

India's data centre capacity to more than double by FY27: Crisil Ratings

Hindustan Times  

Led by increasing digitalisation as organisations increase their investments in cloud storage, India's data centre capacity is set to more than double to 2-2.3 GW by 2026-27, a December 23 report by Crisil Ratings said. The report added that to meet the growing data centre demand, an investment of ₹55,000-65,000 crore is required over the next three fiscals, primarily towards …

India’s data centre capacity to more than double by fiscal 2027: Crisil report
2 weeks, 3 days ago

India’s data centre capacity to more than double by fiscal 2027: Crisil report

Live Mint  

New Delhi, December 23 : The Indian data centre industry's capacity is set to more than double to 2-2.3 GW by fiscal 2027, Crisil Ratings asserted on Monday, attributing to increased digitalisation in the economy. The rapid advancement of GenAI, which requires higher computational power and low latency than traditional cloud computing functions, will also provide a tailwind to the …

It isn’t just data centers—AI’s plumbing needs an upgrade
1 month, 2 weeks ago

It isn’t just data centers—AI’s plumbing needs an upgrade

Live Mint  

The coming wave of artificial-intelligence usage won’t just strain data centers and power grids—it will also stress the country’s network capabilities. Ethernet, a competing platform considered less mature for AI networking, is more widely used across all types of data centers and has a larger set of vendors selling equipment to support it, IDC said. There’s a “long tail" of …

RBI to take on Google, Microsoft with its first-ever cloud platform: Report
1 month, 3 weeks ago

RBI to take on Google, Microsoft with its first-ever cloud platform: Report

Live Mint  

The Reserve Bank of India plans to launch an affordable, local cloud data storage pilot programme in 2025, for financial firms, Reuters reported, citing two sources. The RBI's new initiative will use local IT companies and compete with global providers like Amazon Web Services, Google Cloud, IBM Cloud, and Microsoft Azure, it added. The second source told the news agency …

Microsoft's AI Momentum in India: A Transformative Opportunity for the Country
2 months ago

Microsoft's AI Momentum in India: A Transformative Opportunity for the Country

The Hindu  

Microsoft India President Puneet Chandok highlights the growing momentum around artificial intelligence (AI) in the country, with a focus on the AI assistant 'Copilot'. He emphasizes Microsoft's commitment to responsible AI development and compliance with regulatory frameworks. Chandok expresses optimism about India's potential as a major AI hub, citing strong demand and supply sides, including a large pool of skilled …

Tech Titans' AI Bets Paying Off: A Record Quarter for Cloud Businesses
2 months, 1 week ago

Tech Titans' AI Bets Paying Off: A Record Quarter for Cloud Businesses

Live Mint  

Tech giants are seeing the fruits of their massive investments in AI infrastructure, with revenue from cloud businesses at Amazon, Microsoft and Google reaching a total of $62.9 billion last quarter. This figure is up 22.2% from the same period last year and marked at least the fourth straight quarter in which their combined growth rate has increased.

Centre convenes roundtable on how to finance AI start-ups
4 months, 1 week ago

Centre convenes roundtable on how to finance AI start-ups

Hindustan Times  

The ministry of electronics and information technology on Tuesday held a roundtable on how to finance AI start-ups under the ‘INDIAai’ mission, during which venture capitalists, angel investors, and AI start-ups told government officials that giving grants alone do not work, and that funds should be given to entities that are actually working in the AI space, three people aware …

Ep7: Is India blazing a trail on green data centres? | The Interface podcast
5 months, 1 week ago

Ep7: Is India blazing a trail on green data centres? | The Interface podcast

The Hindu  

Artificial intelligence has sparked an insatiable appetite for computing power and data storage, driving rapid expansion of data centres - the physical backbone of the digital world. Their massive, scalable data centre infrastructures power cloud services and AI applications that are becoming increasingly integral to business operations and daily life. From the pressing need for sustainable energy solutions to the …

India's AI Spending Forecasted to Reach $5.1 Billion by 2027: Intel-IDC Report
7 months, 3 weeks ago

India's AI Spending Forecasted to Reach $5.1 Billion by 2027: Intel-IDC Report

News 18  

Intel and IDC have unveiled a joint report assessing the Artificial Intelligence maturity level across eight markets, including India. The report highlighted that India’s AI spending is forecasted to experience the swiftest expansion among the examined markets, with a projected Compound Annual Growth Rate of 31.5 per cent from 2023, reaching $5.1 billion by 2027. According to the report, India, …

Microsoft will invest $2.2 billion in cloud and AI services in Malaysia
8 months, 1 week ago

Microsoft will invest $2.2 billion in cloud and AI services in Malaysia

Associated Press  

KUALA LUMPUR, Malaysia — Microsoft is investing $2.2 billion over the next four years in Malaysia’s new cloud and artificial intelligence infrastructure as well as partnering with the government to establish a national AI center, its CEO Satya Nadella said Thursday. “Our investments in digital infrastructure and skilling will help Malaysian businesses, communities and developers apply the latest technology to …

Microsoft will invest $2.2 billion in cloud and AI services in Malaysia
8 months, 1 week ago

Microsoft will invest $2.2 billion in cloud and AI services in Malaysia

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Microsoft is investing $2.2 billion …

Microsoft will invest $1.7 billion in AI and cloud infrastructure in Indonesia
8 months, 1 week ago

Microsoft will invest $1.7 billion in AI and cloud infrastructure in Indonesia

Associated Press  

JAKARTA, Indonesia — Microsoft will invest $1.7 billion over the next four years in new cloud and artificial intelligence infrastructure in Indonesia — the single largest investment in Microsoft’s 29-year history in the country — Microsoft CEO Satya Nadella said Tuesday. A study held by Kearney, a global consulting firm, said that AI could contribute nearly $1 trillion to Southeast …

Microsoft to invest USD 1.7 bn in Indonesia for cloud, AI infrastructure
8 months, 1 week ago

Microsoft to invest USD 1.7 bn in Indonesia for cloud, AI infrastructure

India TV News  

Microsoft has announced that it will invest USD 1.7 billion in the next four years in new cloud and artificial intelligence infrastructure in Indonesia. Satya Nadella, Chairman and CEO, of Microsoft, said, "The investments we are announcing today -- spanning digital infrastructure, skilling, and support for developers – will help Indonesia thrive in this new era.” As per the company, …

Microsoft quarterly profit rises 20% as tech giant pushes to get customers using AI products
8 months, 2 weeks ago

Microsoft quarterly profit rises 20% as tech giant pushes to get customers using AI products

Associated Press  

Microsoft on Thursday said its profit rose 20% for the January-March quarter as it tries to position itself as a leader in applying artificial intelligence technology to make workplaces more productive. Quarterly revenue from Microsoft’s cloud computing business segment grew to $26.7 billion, up 21% from last year’s January-March quarter. Gartner analyst Jason Wong said many of Microsoft’s customers have …

Microsoft to invest USD 1.5 billion in UAE-based AI firm: Details
8 months, 3 weeks ago

Microsoft to invest USD 1.5 billion in UAE-based AI firm: Details

India TV News  

Microsoft has announced an investment of around USD 1.5 billion in the UAE-based artificial intelligence technology company, named G42. The investment is said to strengthen the collaboration on bringing the latest Microsoft AI technologies which have been skilling initiatives to the UAE and other countries around the world. Sheikh Tahnoon bin Zayed Al Nahyan, Chairman of G42 said, "This partnership …

Microsoft to Invest $2.9 Billion to Boost AI, Cloud in Japan
8 months, 4 weeks ago

Microsoft to Invest $2.9 Billion to Boost AI, Cloud in Japan

Live Mint  

-- Microsoft Corp. will invest $2.9 billion over the next two years to boost its hyperscale cloud computing and artificial intelligence infrastructure in Japan, marking its biggest investment in the country. The announcement was made on Tuesday in Washington after Microsoft President Brad Smith met Japanese Prime Minister Fumio Kishida, who is in the US for the first official visit …

Microsoft to invest $2.9 billion to expand AI, cloud infra in Japan
8 months, 4 weeks ago

Microsoft to invest $2.9 billion to expand AI, cloud infra in Japan

Hindustan Times  

Microsoft said on Tuesday it would invest $2.9 billion over two years to expand its cloud and AI infrastructure in Japan, the latest in a series of overseas expansions by large tech firms to support the development of artificial intelligence. Microsoft's Azure, Alphabet-unit Google Cloud and Amazon Web Services are the top three cloud computing companies in the world. Server …

Microsoft-Backed Rubrik Files for IPO: Revenue grows to $628 million, losses widen to $354 million
9 months, 1 week ago

Microsoft-Backed Rubrik Files for IPO: Revenue grows to $628 million, losses widen to $354 million

Live Mint  

Rubrik Inc., a cloud and data security startup backed by Microsoft Corp., filed for an initial public offering, disclosing growing revenue and losses. The offering is being led by Goldman Sachs Group Inc., Barclays Plc, Citigroup Inc. and Wells Fargo & Co., according to Monday’s filing with the US Securities and Exchange Commission, confirming a Bloomberg News report. The filing …

Microsoft and OpenAI are planning to build $100 billion supercomputer to power AI: Where will it be located?
9 months, 1 week ago

Microsoft and OpenAI are planning to build $100 billion supercomputer to power AI: Where will it be located?

Hindustan Times  

Microsoft and OpenAI are reportedly planning a supercomputer which will uses millions of specialized server chips and may cost up to $100 billion, The Information reported. Stargate, could launch as soon as 2028, the outlet reported citing people in the know, who also said that executives at both companies have already drawn up plans for the data center project. A …

India to invest $1.2 billion in AI infrastructure, startups; Ambani's Reliance to lead the race
10 months ago

India to invest $1.2 billion in AI infrastructure, startups; Ambani's Reliance to lead the race

Hindustan Times  

India will invest $1.2 billion in a wide range of artificial intelligence projects as the world's most populous country stakes a claim to the burgeoning sector. Junior minister Rajeev Chandrasekhar said the investment "will catalyze India's AI ecosystem and position it as a force shaping the future of AI for India and for the world". OpenAI chief executive Sam Altman …

India’s AI market seen touching $17 billion by 2027: Report
10 months, 2 weeks ago

India’s AI market seen touching $17 billion by 2027: Report

The Hindu  

February 21, 2024 10:16 am | Updated 12:24 pm IST - MUMBAI India’s artificial intelligence market is projected to touch $17 billion by 2027, growing at an annualised rate of 25-35% between 2024 and 2027, IT industry body Nasscom and consulting firm BCG said on Tuesday, citing a joint report studying AI-powered tech in the country. The growth is seen …

Microsoft's Nadella woos Indian developers to the company's AI tools
11 months ago

Microsoft's Nadella woos Indian developers to the company's AI tools

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Microsoft CEO Satya Nadella urged …

Microsoft profit soars 33% on AI, cloud-computing investments
11 months, 1 week ago

Microsoft profit soars 33% on AI, cloud-computing investments

Associated Press  

SAN FRANCISCO — Microsoft Corp. said Tuesday that its profit for the October-December quarter soared 33%, powered by its significant investments in artificial intelligence technology. Analysts polled by FactSet Research expected Microsoft to generate revenue of $61.14 billion, and currently project revenue of $60.97 billion for the January-March quarter. Microsoft’s cloud-focused business segment outgrew its other divisions, with revenue expanding …

Google set to invest USD 1 billion in UK data centre
11 months, 2 weeks ago

Google set to invest USD 1 billion in UK data centre

India TV News  

Google will reportedly invest 1 billion US dollars for building a data centre just outside of London, confirmed a U.S. technology giant, in its latest investment in Britain as it meets to grow the demand for internet services in the region. The data centre, located on a 33-acre site that was bought by Google in 2020, will be located in …

New Data-Center Property Investment Signals AI Boom
11 months, 4 weeks ago

New Data-Center Property Investment Signals AI Boom

Live Mint  

One of the world’s largest data-center developers is getting a $6.4 billion equity infusion, the latest sign that this property sector is booming alongside the rise in artificial intelligence. Vantage Data Centers plans to use the capital from digital infrastructure investor DigitalBridge Group and Silver Lake, a technology investment firm, to add more than 3 gigawatts of capacity globally. This …

Microsoft hires Sam Altman: Tracing 7-year-partnership between OpenAI and tech giant
1 year, 1 month ago

Microsoft hires Sam Altman: Tracing 7-year-partnership between OpenAI and tech giant

Firstpost  

Microsoft’s hiring of ousted OpenAI CEO Sam Altman on Monday marks another twist in the seven-year-old relationship between the US giant and the startup that created ChatGPT OpenAI’s CEO, Sam Altman, was sacked last Friday and the company chose Mira Murati as interim CEO for a limited time in order to bring Emmett Shear, co-founder of the streaming site Twitch, …

Microsoft reports $20.1B quarterly profit as it promises to lead ‘the new AI platform shift’
1 year, 5 months ago

Microsoft reports $20.1B quarterly profit as it promises to lead ‘the new AI platform shift’

Associated Press  

Microsoft reported a 20% spike in quarterly profits Tuesday, helping to fuel its battle to get ahead of rivals like Google, Amazon and Facebook parent Meta in selling the latest artificial intelligence technology. Macquarie analyst Sarah Hindlian-Bowler said investors have been focused on Microsoft’s early revenue from those artificial intelligence investments, the performance of the Azure cloud computing platform and …

Amazon to invest USD 12.7 billion into cloud infrastructure in India; plans to create over 130,000 jobs
1 year, 7 months ago

Amazon to invest USD 12.7 billion into cloud infrastructure in India; plans to create over 130,000 jobs

India TV News  

Mumbai: Amazon's cloud computing unit, Amazon Web Services on Thursday announced its plans to invest Rs 1,05,600 crore into cloud infrastructure in India by 2030. “Amazon Web Services announced it plans to invest INR 1,05,600 crores into cloud infrastructure in India by 2030 to meet growing customer demand for cloud services in India,” it said in a statement. India welcomes …

Data Centre capacity to grow sixfold in six years, says ICRA
1 year, 10 months ago

Data Centre capacity to grow sixfold in six years, says ICRA

The Hindu  

Data localisation and data explosion in India would lead to sixfold increase in data centre capacities in the next six years, ICRA said in a note. Business houses namely Hiranandani Group, Adani Group in JV with EdgeConnex and Reliance Group and foreign investors like Blackstone, CapitaLand, Princeton Digital Group as well as captive consumers such as Amazon, Microsoft have started …

Microsoft invests more than $10 billion in ChatGPT’s parent organisation OpenAI
1 year, 11 months ago

Microsoft invests more than $10 billion in ChatGPT’s parent organisation OpenAI

Firstpost  

Mircosoft plans to integrate OpenAI’s ChatGPT in Office, Bing and a bunch of other services. Microsoft is hoping that OpenAI’s ChatGPT is developed in a manner that would allow them to integrate the AI chatbot across various programmes that Microsoft offers, including the Office suite, as well as the Bing search engine. Besides investing a hefty amount into OpenAI, Microsoft …

Microsoft invests $10 billion in ChatGPT maker OpenAI
1 year, 11 months ago

Microsoft invests $10 billion in ChatGPT maker OpenAI

LA Times  

Microsoft says it is making a “multiyear, multibillion-dollar investment” in OpenAI, maker of ChatGPT and other tools that use artificial intelligence to generate readable text, images and computer code. The deal will give a boost to Microsoft’s Azure cloud while providing OpenAI with additional specially designed supercomputers to run its complex AI models and fuel its research. Microsoft plans to …

Microsoft to Invest Another Rs 16,000 Cr for Data Centers in Hyderabad; WebPT to Set up Rs 150-cr GCC
1 year, 11 months ago

Microsoft to Invest Another Rs 16,000 Cr for Data Centers in Hyderabad; WebPT to Set up Rs 150-cr GCC

News 18  

Tech giant Microsoft will establish a total of six data centres in Telangana, company officials told IT and Industries Minister KT Rama Rao on the sidelines of the World Economic Forum in Davos, Switzerland. Microsoft, which announced the establishment of three data centres with an investment of Rs 16,000 in 2021, has decided to expand its project, making investments by …

Microsoft's Nadella says India's digital infra building capability far ahead of others
2 years ago

Microsoft's Nadella says India's digital infra building capability far ahead of others

Live Mint  

NEW DELHI :"Oh, please don’t make me laugh. That’s the witty response that Satya Nadella, chairman and chief executive officer of Microsoft Corp., got when he prompted artificial intelligence -powered ChatGPT to write a play where Mumbai’s favourite street food--the vada pav--would argue its supremacy against competitors including Delhi's bhel puri. India-born Nadella, who is on a four-day tour of …

AWS cloud services propel India’s startup boom
2 years ago

AWS cloud services propel India’s startup boom

The Hindu  

Over the last five years, the number of registered startups in India have grown from 452 in 2016 to 84,012 according to figures presented in Parliament this week. AWS, or Amazon Web Services, one of India’s largest providers of cloud-based services, has provided start up credits that allow aspirant startups to use a suite of services from computing, storage and …

Data centre stock in India to double by 2024; DC investments expected to surpass $20 billion by 2025: Report
2 years, 3 months ago

Data centre stock in India to double by 2024; DC investments expected to surpass $20 billion by 2025: Report

Firstpost  

The report – Data Centres in India: Powering Up Real Estate in a ‘Data-High’ Era – also said OTT, online gaming, increased smartphone usage, e-commerce and online schooling among others have led to a multi-fold jump in data transmission and need for high specification servers New Delhi: The growing digitalisation backed by a strong government policy impetus has led to …

India's data centre industry worth USD 5.6 bn; set to grow further: Report
2 years, 4 months ago

India's data centre industry worth USD 5.6 bn; set to grow further: Report

India TV News  

India data centre industry: India's data centre industry size is worth USD 5.6 billion and is set to grow as over 45 data centres are expected to come up by 2025, according to Anarock and Binswanger report. As per the latest Anarock and Binswanger report 'Under the Lens: India's Data Centre Explosion', over 45 data centres spanning about 13 million …

Cloud hangs over U.S. chipmakers and Big Tech companies on worries data centre growth could slow
2 years, 4 months ago

Cloud hangs over U.S. chipmakers and Big Tech companies on worries data centre growth could slow

The Hindu  

Cloud and data centres, the chip industry's strongest sector, may be its next problem: Signs are showing that growth could slow in what has been a pillar during the COVID era as consumers signed up for cloud-based entertainment and companies retooled their offices. “Investors are worried it's the next shoe to drop," said Bernstein analyst Stacy Rasgon, adding that an …

Microsoft forecasts double-digit revenue growth on cloud strength
2 years, 8 months ago

Microsoft forecasts double-digit revenue growth on cloud strength

The Hindu  

Microsoft Corp on Tuesday forecast double-digit revenue growth for the next fiscal year, driven by demand for cloud computing services, and its shares jumped about 4%. Microsoft forecast Intelligent Cloud revenue of $21.1 billion to $21.35 billion for its fiscal fourth quarter, driven by strong growth in its Azure platform. there’s still plenty of upside.” Microsoft on Tuesday reported profit …

Microsoft’s largest data centre region in India coming up in city
2 years, 10 months ago

Microsoft’s largest data centre region in India coming up in city

Deccan Chronicle  

Hyderabad: Microsoft on Monday announced that it would establish its largest data centre in India in Hyderabad with an investment of over Rs 15,000 crore over a period of 15 years. The new data centre region, to be spread across three sites in Chandanvelly, Ellikatta and Kottur, will provide advanced data security and cloud solutions that will help enterprises, startups, …

IT Spending In India Will Cross $101 Billion in 2022: Report
3 years, 1 month ago

IT Spending In India Will Cross $101 Billion in 2022: Report

News 18  

Driven by a surge in digital transformation owing to the pandemic, the IT spending in India is forecast to total $101.8 billion in 2022, an increase of 7 percent from 2021, global market research firm Gartner said on Wednesday. “India has experienced one of the fastest recoveries despite being one of the worst hit regions in the second wave of …

India’s public cloud services spending to touch $7.3 billion
3 years, 1 month ago

India’s public cloud services spending to touch $7.3 billion

The Hindu  

India’s cloud adoption has accelerated since the pandemic started and the double-digit growth in public cloud is expected to continue in the next year as well, according to research and advisory firm Gartner. The country’s public cloud services end-user spending is forecast to total $7.3 billion in 2022, up 29.6% from the previous year. IaaS and SaaS will make up …

Microsoft launches new initiative to empower AI startups in India
3 years, 2 months ago

Microsoft launches new initiative to empower AI startups in India

The Hindu  

With the third-largest ecosystem for startups in the world, India held opportunities for emerging businesses to accelerate innovation across industries, said Microsoft on Wednesday. Microsoft AI Innovate was aimed at bringing together startups, corporates, industry bodies, governments, and venture capital firms, to create a shared platform for learning and innovation, Microsoft said on Wednesday. This 10-week-long initiative would support startups …

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