DATA CENTRE MARKET
Thirst Trap: Water sustainability issues loom over India's booming data centre industry India's data centre industry is booming, driven by significant investments from companies like Adani Enterprises. However, this growth raises concerns about the substantial water consumption needed for cooling in water-scarce cities. Operators are a...
14 Jul, 2024, 11.00 AM ISTAI supercharges data centre energy use-straining the grid and slowing sustainability efforts According to the Electric Power Research Institute, a nonprofit research firm, at 2.9 watt-hours per ChatGPT request, AI queries require about 10 times the electricity of traditional Google queries. Data centres have continuously grown for decades, ...
13 Jul, 2024, 04.11 PM ISTAll that SaaS; AI woes Happy Friday! Goldman Sachs is likely to increase its stake in SaaS startup MoEngage. This and more in today’s ETtech Morning Dispatch.
12 Jul, 2024, 07.21 AM IST
ET Graphics: Data centre market on a roll in India The data center industry in southern India is expanding quickly, particularly in cities like Chennai, Bengaluru, and Hyderabad. This expansion is fueled by government incentives, infrastructure investments, and increasing demand for digital services...
12 Jul, 2024, 12.26 AM ISTSouth India's data centre market to witness 65% capacity growth by 2030 South India's data center market is experiencing significant growth, particularly in key cities like Chennai, Bangalore, and Hyderabad. The region is expected to significantly impact the global data centre landscape with an anticipated 65% increase ...
11 Jul, 2024, 10.27 AM ISTRise & rise of secondary deals; advantage desi data centres Happy Friday! Total funding raised by Indian startups fell in the first half of 2024, but late-stage activity showed signs of revival, as per data. Decoding this and more in today’s ETtech Morning Dispatch.
05 Jul, 2024, 09.08 AM IST5 world market themes for the week ahead Euro 2024 excitement rises with political shifts in Britain and France. M&A activity surges amidst economic uncertainties. Emerging Asia grapples with inflation as central banks navigate rate decisions. Labour's potential win in Britain poses fiscal...
29 Jun, 2024, 09.37 AM ISTIndia will require an additional data centre capacity of 1.7-3.6 Gigawatt: Report India is poised to become a global data center hub due to its low construction, land, and power costs. With a robust IT ecosystem, the country’s data center capacity is projected to reach 3.29 GW by 2028. However, an additional 1.7–3.6 GW will be re...
26 Jun, 2024, 11.55 AM ISTCounter-questions for the asking India's growing population, coupled with higher disposable incomes and consumption, has already begun to devastate our carefully constructed cocoons without our realising it. Competitive manufacturing (leveraging economies of scale, procurement, bra...
21 Jun, 2024, 10.49 PM ISTAdani Group to invest $100 billion in energy transition, says Gautam Adani Green hydrogen, which is made by splitting hydrogen from water with the help of electrolyzers powered by clean energy, is seen as a potential panacea for decarbonizing the industry as well as transportation. Speaking at 'Infrastructure - the Catalys...
20 Jun, 2024, 02.14 PM ISTBy 2032, India infrastructure spending will surpass $2.5 trillion, says Adani The Adani Group, he said, will invest over $100 billion (around ₹8.35 lakh crore) over the next decade in energy transition projects and in manufacturing every major component required for green energy generation. Adani Green Energy is building sola...
20 Jun, 2024, 02.13 PM ISTAmazon to invest extra 10 billion euros in Germany Amazon said Wednesday it will invest an additional 10 billion euros ($10.7 billion) in Germany, most of it in cloud computing, the US tech giant's latest major investment in Europe. A total of 8.8 billion euros will come from Amazon's cloud computin...
20 Jun, 2024, 07.53 AM ISTWhat can be the risk to the India bull case scenario? Jonathan Garner answers There has been unprecedented heat in SoutheastAsia also over the last couple of months. So, I would highlight that as really quite a pressing issue at the moment. I think some of the traditional issues around, let us say, oil import bill and that s...
13 Jun, 2024, 08.11 AM ISTSecular bull trend in India significantly reasserting itself: Jonathan Garner There was a counter trend rally in China in April, but that has run out of steam quite badly in the last two or three weeks as the negative fundamentals have reasserted themselves, so that is nominal GDP growth that is running at only around a third...
12 Jun, 2024, 02.22 PM ISTIndia has been expensive market post COVID for last three years: Gautam Trivedi China currently is still at about 9 to 9.5 times calendar 25 PE, we are at 21, 21.5 times, so still a huge premium to China. So, I said, over the past three years, India has been expensive post COVID. You have still put money. In fact, last year, t...
12 Jun, 2024, 12.13 PM ISTWhy do we make poor investment decisions and how to avoid them Investing has come to mean a flurry of activity. One must go about acting with assumed expertise, buying, selling, booking profits, revising and reworking. Keeping it simple and staid over the long term is boring in comparison. Poor investment decis...
10 Jun, 2024, 06.30 AM ISTHCLTech, Arm collaborate to work on custom silicon chips for AI-led biz The partnership will enable semiconductor manufacturers, system OEMs (original equipment manufacturers) and cloud services providers to enhance the computing efficiency of their data centre environments, HCLTech said in a statement.
27 May, 2024, 06.05 PM ISTAmazon to invest 15.7 billion euros in Spain Amazon's cloud computing division AWS will invest 15.7 billion euros ($17 billion) to expand its data centres in Spain's Aragon region through to 2033, the US tech giant said Wednesday. Amazon in 2021 had planned to invest 2.5 billion euros in Arago...
22 May, 2024, 10.53 PM ISTPOSH case reporting confined to a fraction of India Inc cos: Study A recent analysis of 300 NSE listed companies reveals a concerning trend in reporting sexual harassment complaints under the POSH Act. Despite a rise in complaints, many companies reported zero cases, indicating possible non-compliance. Larger compa...
17 May, 2024, 09.14 AM ISTArm plans to launch AI chips in 2025: report Arm Holdings to launch AI chips in 2025, with SoftBank's involvement. TSMC negotiations ongoing. Investors anticipate SoftBank's earnings report for growth investment clues amid a surge in AI computing interest.
13 May, 2024, 07.47 AM IST