Yazılar

Nvidia Becomes Member of India Deep Tech Alliance Amid $850M Funding Commitment

/in /tarafından

Nvidia has officially joined the India Deep Tech Alliance, a growing coalition of investors dedicated to supporting deep-technology startups in the country. The announcement came on Wednesday as the alliance added several new members and secured over $850 million in additional capital commitments, aiming to close the funding gap for high-tech ventures in South Asia.

The new cohort of investors includes Qualcomm Ventures, Activate AI, InfoEdge Ventures, Chirate Ventures, and Kalaari Capital. Their involvement signals increased confidence in India’s deep-tech ecosystem, particularly in sectors such as artificial intelligence, robotics, semiconductors, and space technology.

The India Deep Tech Alliance was originally launched in September with a $1 billion initial commitment to back companies at the cutting edge of technology. Nvidia’s participation aligns with its broader strategy of investing in AI and other frontier technologies while expanding its footprint in emerging markets.

By joining the alliance, Nvidia and other new members aim to accelerate the growth of Indian startups, providing not only funding but also strategic guidance and technical expertise. This collaborative effort is expected to strengthen the country’s position as a global hub for deep-tech innovation.

Microsoft and G42 to Add 200 MW of Data Center Capacity in $15 Billion UAE Investment Push

/in /tarafından

Microsoft and Abu Dhabi’s G42 announced plans on Wednesday to expand data center capacity in the United Arab Emirates by 200 megawatts, marking a major milestone in the U.S. tech giant’s $15 billion investment drive across the Gulf region.

The new capacity will be delivered through Khazna Data Centers, a G42 subsidiary, and is expected to begin operations before the end of next year, the companies said in a joint statement. The project forms part of a sweeping effort to transform the UAE into a global hub for artificial intelligence and cloud computing.

Microsoft said its total investment in the UAE will reach $7.3 billion between 2023 and the end of 2025, with another $7.9 billion planned for 2026 through 2029. The expansion underscores the deepening ties between the company and G42, following Microsoft’s $1.5 billion investment last year for a minority stake in the Abu Dhabi-based AI and cloud firm.

G42, backed by Mubadala, Silver Lake, and billionaire Ray Dalio’s family office, has emerged as one of the Middle East’s leading AI players. The UAE government has been channeling billions into the sector to boost economic diversification and technological self-reliance.

The companies also confirmed that the Trump administration has approved exports of Nvidia’s advanced chips for data centers in the Gulf country — a key step in enabling large-scale AI model training and cloud services.

“The expansion strengthens Microsoft Azure’s secure, scalable, and sovereign cloud infrastructure in the UAE,” the firms said.

Microsoft Signs $9.7 Billion Cloud Deal with IREN to Boost AI Computing Power

/in /tarafından

Microsoft has signed a $9.7 billion cloud computing deal with U.S.-based data center operator IREN to expand its artificial intelligence infrastructure and ease ongoing computing bottlenecks. The agreement, which includes access to Nvidia’s powerful GB300 chips, underscores the growing global demand for AI processing capacity.

Shares of IREN surged nearly 25% to a record high following the announcement before settling up around 10%. Dell Technologies, which will supply Nvidia’s advanced chips and related equipment to IREN, also gained about 1%. Under the five-year agreement, Microsoft will use roughly $5.8 billion worth of IREN’s computing hardware and infrastructure capacity.

The deal allows Microsoft to scale its AI operations without immediately building new data centers or acquiring additional power resources — key hurdles that have limited the company’s ability to meet soaring demand for applications like ChatGPT and Copilot. The approach also helps reduce heavy capital spending on rapidly depreciating hardware as newer processors enter the market.

IREN operates data centers across North America with a total capacity of 2,910 megawatts. The Nvidia chips will be deployed in phases through 2026 at the company’s 750-megawatt facility in Childress, Texas, which will include liquid-cooled centers providing 200 megawatts of new IT capacity.

The deal follows Microsoft’s recent $17.4 billion agreement with AI cloud provider Nebius and reflects the company’s strategy to leverage “neocloud” partners such as IREN and CoreWeave to expand capacity. IREN said Microsoft’s prepayment will help fund its $5.8 billion Dell contract, though the deal could be canceled if deadlines are missed.