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Adani Enterprises has announced plans to invest $100 billion in renewable-powered, AI-ready data centres by 2035, marking a major step in India’s push to become a key player in the global artificial intelligence landscape. The investment aims to build a network of data centres designed to support large-scale AI computing, while integrating renewable energy and […]
Cadence Design Systems exceeded both revenue and profit expectations in the fourth quarter, driven by growing demand for advanced artificial intelligence chip development tools. The company, which provides specialized software for designing complex semiconductor systems, reported quarterly revenue of $1.44 billion, marking a 6.2% year-on-year increase. This surpassed analyst expectations of $1.42 billion. Adjusted earnings […]
Major hedge funds including Tiger Global Management and Adage Capital Partners reduced their stakes in several leading artificial intelligence-linked companies during the final quarter of 2025, according to regulatory filings. Tiger Global cut its holdings in Microsoft, Amazon and Nvidia, reflecting growing investor caution toward companies heavily investing in AI. Despite the reductions, Microsoft remains […]