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13.08.26 - 03:06
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India′s L&T transfers data center and cloud business to Vyoma.AI for INR14 billion (Digitimes)
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Larsen & Toubro (L&T) has agreed to transfer its data center and cloud services business to Vyoma.AI, a wholly owned subsidiary, for INR14 billion (approx. US$146.7 million) in a slump sale on a going-concern basis, according to Business Standard and the Economic Times. The consideration will be settled by issuing fully paid-up equity shares in Vyoma.AI rather than cash, thereby keeping the business under L&T's indirect ownership....
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12.08.26 - 05:06
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IBM, Together AI plan large-scale Nvidia cluster on IBM Cloud (Digitimes)
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IBM and Together AI have announced a collaboration to deploy a dedicated Nvidia-powered inference cluster on IBM Cloud, a move that could reshape how enterprises access open-source AI services worldwide. The planned system is designed to improve performance, lower token costs, and expand global access to scalable AI infrastructure as demand for real-time applications grows....
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11.08.26 - 05:06
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IC distributors post strong July sales on AI, cloud, and infrastructure demand (Digitimes)
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Global technology upgrades and energy infrastructure build-outs are boosting chip and electronic component demand, with the latest results from major IC distributors pointing to strong momentum that could ripple through supply chains worldwide. Analysts say continued spending by cloud, AI, and industrial customers remains a key support for the sector....
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11.08.26 - 02:12
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Anthropic Strikes $9 Billion Deal With Cloud Computing Firm Riot (Bloomberg)
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Anthropic PBC has struck a $9.1 billion deal with Riot Platforms Inc., a Bitcoin mining company that also recently began selling AI data center capacity, people familiar with the matter said, underscoring the Claude maker's efforts to secure enough computing to meet its customers' demand....
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