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AMD Supports Crusoe AI Expansion

AMD is reportedly backing a $300 million loan for cloud computing startup Crusoe to finance the deployment of its AI chips.

The arrangement includes a guarantee mechanism allowing AMD to lease back its own hardware if Crusoe is unable to secure sufficient demand from AI developers.

The financing, led by Goldman Sachs, will be supported by the equipment being installed at a new data center project in Ohio.

Crusoe, originally launched in the cryptocurrency sector, has shifted its focus toward building cloud infrastructure for artificial intelligence applications.

The initiative reflects a growing trend among semiconductor companies to support emerging AI-focused cloud providers.

Google and Sea Partner on AI Tools

Google and Sea Ltd have formed a strategic partnership to develop artificial intelligence solutions for e-commerce and gaming platforms.

The collaboration will explore the creation of an AI-driven shopping assistant prototype for Shopee, aimed at enhancing user experience and streamlining online purchasing.

The initiative reflects broader industry efforts to move AI applications beyond simple interactions toward more complex, task-oriented capabilities.

Shopee remains a leading e-commerce platform in Southeast Asia, and the partnership is expected to support innovation across its digital ecosystem.

In addition to e-commerce, AI tools will be applied within Sea’s gaming division to improve development workflows and operational efficiency.

The agreement builds on previous collaborations between the companies in the region’s digital market.

TCS Wins OpenAI Data Centre Deal

Tata Consultancy Services has secured OpenAI as the first client for its emerging data centre business, marking a significant step in India’s expanding AI infrastructure landscape.

The agreement includes an initial allocation of 100 megawatts of capacity under the global Stargate initiative, a long-term project aimed at building advanced facilities for AI training and deployment.

The deal supports TCS’s strategic plan to invest up to $7 billion in a large-scale data centre network within India.

At the same time, Tata Group plans to roll out ChatGPT Enterprise across its operations over the coming years, beginning with a substantial workforce deployment.

India continues to attract major investment in AI infrastructure, with both global and domestic firms expanding their presence in the sector.