Reliance Jio Platforms is targeting an initial public offering in the first half of 2026, according to sources. The plan is to float just 2.5% of the company, which could still raise over $4.5 billion and become India’s largest-ever IPO. The move hinges on a regulatory change and would offer an exit
Microsoft is launching a suite of “agentic AI” solutions aimed at automating retail operations. The tools include Copilot Checkout for in-chat sales and agents for merchandising and store management. This marks a clear push beyond generative AI into systems that perform complex tasks.
Microsoft has officially canceled its controversial plan to impose a 2,000-email daily sending limit on Exchange Online. The company announced the reversal after facing fierce pushback from business users who said the 2024 policy would cause major operational problems. They are now seeking other way
In a major move for AI infrastructure, power firm Babcock & Wilcox is teaming up with Siemens Energy to supply steam turbine generators. The goal is to deliver a whopping 1 gigawatt of power for an Applied Digital AI data center by the end of 2028. It’s a sign of how traditional energy giants are pi
Microsoft is pushing forward with plans for major data center campuses in Michigan’s Dorr and Lowell Townships. However, local opposition has already forced one rezoning request to be withdrawn and another to be moved to a larger venue.
A UBS strategist says fears of a junk downgrade for Oracle are overblown. The company’s credit fate now hinges on the success of its AI bet and future borrowing.
Snowflake is integrating Google’s Gemini AI models into its Cortex AI platform. Customers can now use Gemini 1.5 Flash and the upcoming Gemini 1.5 Pro to analyze data stored in Snowflake across multiple clouds. This is part of Snowflake’s push to offer a wide choice of AI models directly within its
In a major strategic shift, Alphabet is buying clean energy developer Intersect Power for $4.75 billion. The deal aims to give Google direct control over new power generation to feed its energy-hungry AI data centers, as the company’s overall emissions have surged 51% since 2019.
The surge in AI and edge data centers is pushing power infrastructure to its limits, forcing a rethink of backup generation. Volvo Penta is leveraging its automotive engineering to provide more flexible, cleaner, and redundant power solutions for this new era.
DayOne Data Centers has locked in a massive $2 billion Series C round. The capital will fuel its expansion in Finland and across key Asian markets like Singapore, Japan, and Thailand.
