CoreWeave, the AI cloud provider in Livingston, New Jersey, will build its first data centers in India. The company said on October 7 that it will use 240 megawatts of capacity at the Taloja campus of AdaniConneX in Navi Mumbai, in western India. CoreWeave will be the only tenant, and...
BNP Paribas Takes Half a Million Square Feet of Office Space in Chennai
BNP Paribas, the French bank, has leased 500,000 square feet of office space in Chennai, in southern India, according to The Economic Times. The ten-year lease covers four floors at One Radial and is one of the largest office leases in the city this year. Mindspace Business Parks REIT, a...
EQT Group to Invest $50 Billion in India by 2030
" $50 billion. It's a big number," said Jean Eric Salata, chairman of EQT Group, according to The Economic Times. "It's a much bigger number than what I would have told you 24 months ago because of the significant capital intensity of the data center and energy businesses." Salata made...
Fuel Cycle Opens a Global Capability Center in Mumbai
Fuel Cycle, an artificial-intelligence-powered consumer insights company headquartered in Los Angeles, California, is opening a Global Capability Center in Vashi, in Navi Mumbai. The center starts with fifty employees and is expected to grow over the next three years. The company has less than 200 employees in the the USA...
India's Airtel, Reliance Jio to Start Voice over Wi-Fi Services
New Delhi-based Bharti Airtel and Navi Mumbai headquartered Reliance Jio Infocomm (RJio) are in advanced stages of testing Voice over Wi-Fi (VoWi-Fi) services, a technology that keeps users connected even without a mobile signal. This move will enable telecom companies to take on over-the-top players such as Skype, WhatsApp, Hike, Facebook...
Ikea Expands Footprint in India
Swedish furniture and home furnishing retailer Ikea inaugurated its first store in India on August 9 in the southern city of Hyderabad and will soon have two more. The 400,000 square foot facility in Hyderabad has the biggest Ikea restaurant anywhere in the world, with seating for 1,000 people. In India,...