AirTrunk commits $30B to build 5GW of AI data centers in India
The Australian data center operator plans to set up 5GW of capacity in India.
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Demand for AI skills may be surging, but employers are moving more carefully than ever. In an interview, PageGroup CEO Nicholas Kirk, says hiring mandates are taking longer to close, executives are increasingly risk-averse, and India continues to deliver robust growth.
Read full articleThe Australian data center operator plans to set up 5GW of capacity in India.
As fake citations and AI hallucinations creep into Indian courtrooms, the apex court is drawing a strict line between human judgement and machine assistance.
Meta is rolling out its Meta Business Agent globally on WhatsApp and Instagram DMs, bringing AI-powered customer interaction tools to small and medium businesses after nearly two years of testing in markets including India and Mexico. The AI agent can answer customer queries, recommend products, book appointments, qualify sales leads, and escalate conversations to human […]
South Korea’s Kospi stock market has hit record highs thanks to AI, but experts urge caution over boom-bust cycles and a heavy reliance on two chipmakers South Korea has leapfrogged India to become the world’s sixth largest share market, leaving equity markets in the UK, Germany and France trailing in its dust. But despite the runaway success, some are raising concerns that the Kospi index is too dependent on two freshly minted trillion-dollar chipmaking companies. Chip company SK Hynix last week claimed a seat in Asia’s trillion-dollar company club, alongside South Korean compatriot Samsung Electronics and Taiwan’s TSMC. Explosive demand for chips used in AI has propelled the trio past the valuation threshold. Continue reading...
From India and Africa to Europe, countries not yet in the AI supply chain risk mass job losses, losing the tax revenue needed to deal with the tech’s fallout Business live – AI to drive up UK youth unemployment The San Francisco Bay Area is in the midst of an AI frenzy that makes the California gold rush of the mid-19th century look like a scavenger hunt. Top programmers and developers are being offered compensation packages worth hundreds of millions of dollars to switch firms, while young engineers lucky enough to have joined leading AI startups early are contemplating retirement before age 35. Driving up the Bayshore Freeway from San Francisco International airport into the city, you pass hyper-specific billboards advertising obscure AI applications seemingly aimed at absurdly niche audiences. How can that possibly be profitable? The answer is that in a city crawling with startups, getting the right software product in front of a founder whose company could soon be worth billions
Cryptocurrency exchange Coinbase has launched direct deposit and withdrawal rails for the Indian Rupee (INR), continuing its push into India. Coinbase Users In India Can Now Make Direct INR Netflows According to a website announcement, Coinbase has expanded its offerings in India, allowing users to directly interact with the platform through the nation’s official fiat […]
Coinbase's integration in India could catalyze regulatory clarity, potentially unlocking institutional capital and reshaping the crypto market. The post Coinbase enables direct rupee bank transfers in India via IMPS after FIU registration appeared first on Crypto Briefing.
Revolut's strategic entry into India's fintech market could reshape digital payments, challenging local incumbents and influencing global fintech trends. The post Revolut rolls out services to thousands of users in India ahead of broader launch appeared first on Crypto Briefing.