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24 results for “Billion”

Finnish town braces for change from Google data centres
Business · Companies

Finnish town braces for change from Google data centres

In the northern Finnish town of Muhos, 36-year-old farmer Joni Pitkanen is preparing for life with a new neighbour -- just kilometers away, tech giant Google is planning to build new data centres. The planned data centres are part of an announced 13-billion-euro ($15-billion) investment in Finland over the next two…

Source: The Economic Times
Greenko founders-backed AM Intelligence orders 20,000 Nvidia GPUs in $4 billion deal
Technology · AI

Greenko founders-backed AM Intelligence orders 20,000 Nvidia GPUs in $4 billion deal

Greenko-backed AM Intelligence has committed $4 billion to buy 20,000 Nvidia Vera Rubin GPUs, targeting 70 MW of new AI compute capacity in India and Malaysia.

Source: Mint
Lockheed Martin’s India expansion plan hinges on $10.5bn military aircraft bid: Which firms are competing for project?
Business · Companies

Lockheed Martin’s India expansion plan hinges on $10.5bn military aircraft bid: Which firms are competing for project?

Lockheed Martin plans to expand its manufacturing in India if it wins a $10.5 billion contract for 60 medium transport aircraft. It has partnered with Tata Advanced Systems and aims to deliver 12 aircraft initially, while 48 will be produced locally, enhancing India's aviation capabilities.

Source: Mint
Meta’s AI Data Center tax strategy that saves billions - Report
Business · Companies

Meta’s AI Data Center tax strategy that saves billions - Report

The debate over Meta's strategy therefore comes down to whether its massive AI infrastructure projects represent genuine experimentation for tax purposes or simply the construction and operation of expensive data centres.

Source: Mint
Technology · Startups

Spotify billionaire’s body scan startup has come to America

Farooq Abbasi, an investor in Neko Health, talked to Equity about the hot health tech company and what's next for it.

Source: TechCrunch
UPI volume jumps 27% to touch 145 bn in first half
Business

UPI volume jumps 27% to touch 145 bn in first half

This is against UPI volume 114 billion during April-September quarter of the previous financial year, as per data released by the National Payments Corporation of India

Source: The Hindu
Technology · Startups

Paramount and Warner Bros. Discovery to become Skydance

The roughly $110 billion deal is expected to close October 6.

Source: TechCrunch
UPI volume rises 27% to touch 145 billion in first half of FY27
Technology

UPI volume rises 27% to touch 145 billion in first half of FY27

This is against UPI volume 114 billion in during the April-September quarter of the previous financial year, according to data released by the National Payments Corporation of India (NPCI).

Source: The Economic Times
India’s $600 billion food market grows at 7% CAGR, food processing given importance: Official
Business

India’s $600 billion food market grows at 7% CAGR, food processing given importance: Official

Stating that protein was particularly relevant given India’s large vegetarian population, the official said there was a need to meet growing protein requirements.

Source: The Hindu
SoftBank completes final phase of $30 billion investment in OpenAI
Technology · AI

SoftBank completes final phase of $30 billion investment in OpenAI

SoftBank Group said on Thursday it has completed its $30 billion investment in OpenAI as part of its commitment to the ChatGPT maker's last fundraising round. Here are some other

Source: The Economic Times
AMD to buy Fei-Fei Li’s World Labs in $8.2 billion bet on ‘physical AI’
Technology

AMD to buy Fei-Fei Li’s World Labs in $8.2 billion bet on ‘physical AI’

Source: The Indian Express
Covid inquiry PPE report - key findings
Business · Finance

Covid inquiry PPE report - key findings

What went wrong with the government's planning and buying of vital items like gloves and gowns that cost taxpayers billions of pounds.

Source: BBC News