Tag: data
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Meta deepens partnership with Ambani’s Reliance with AI data centre
June 10 : Meta Platforms will lease an AI-ready data centre to be built by billionaire Mukesh Ambani’s Reliance Industries, the U.S. tech major said on Wednesday, deepening ties with the Indian conglomerate. The deal comes at a time when India has seen a surge in hyperscale data centre builds led by U.S. clou
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Dollar holds steady as US-Iran tensions and inflation data loom
TOKYO, June 10 : The dollar held steady against its peers on Wednesday as markets remained on edge over the latest clash between the U.S. and Iran, while investors awaited key U.S. inflation data for clues on the Federal Reserve’s rate path.The U.S. military struck Iranian targets after President Donald Tru
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Meta ties up with Ambani’s Reliance for AI data center in India
June 10 : Facebook-parent Meta said on Wednesday that it has tied up with Indian billionaire Mukesh Ambani’s Reliance Industries for an AI-enabled data center in India. Reliance will build a data center with 168 MW capacity in Jamnagar, Gujarat, which Meta will lease, with options to scale, according to the s
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Dollar steadies following US strikes on Iran and ahead of inflation data
TOKYO, June 10 : The dollar held steady against major peers on Wednesday after the United States launched strikes against Iran, while investors awaited key U.S. inflation data for clues on the Federal Reserve’s policy path.The U.S. military on Tuesday launched strikes against Iran after President Donald Trump
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Dollar eases on fragile Israel-Iran truce; US inflation data in view
NEW YORK, June 9 : The dollar fell against major peers on Tuesday as a fragile ceasefire between Israel and Iran held and investors looked ahead to key U.S. data later in the week.The greenback tends to weaken against the euro and yen when tensions in the Middle East ease, as prospects for a peace…
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Dollar eases as Iran and Israel agree to halt strikes
NEW YORK/LONDON, June 8 : The dollar eased on Monday but hovered near its highest level in nearly two months, after Iran and Israel agreed to halt attacks on each other following an appeal by U.S. President Donald Trump.The pause in strikes by both Iran and Israel lured investors into other currencies that ha
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Meta funds skilled trades jobs program for AI data center buildout
NEW YORK, June 8 : Meta is investing $115 million to stand up a new training program for data center technician jobs, as the social media giant races to build the infrastructure to power its AI ambitions.The cost-free program, America’s Workforce Academy, will end in guaranteed job offers to graduates, the co
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Dollar falls from highs after Iran halts Israel strikes; yen clings to 160/$
NEW YORK/LONDON, June 8 : The dollar pulled back on Monday from its highest level in nearly two months, after Iran said its attacks on Israel had ended.Tehran’s comments lured investors into other currencies that had been dented after strong U.S. jobs data on Friday prompted traders to ramp up bets on a Feder
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Nvidia announces deals with South Korea’s SK Hynix, Naver and Doosan for AI data centres
(Corrects key words for media clients to NVIDIA-SOUTHKOREA/ from NVIDIA-SOUTH KOREA/)By Heekyong YangSEOUL, June 8 : Nvidia on Monday announced deals with South Korea’s SK Hynix, Naver and Doosan Group to build AI data centres and use the U.S. chip firm’s technology, as it looks to continue driving th
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Texas grid flags risks as data centers, crypto sites fail voltage tests
June 5 : Several large data centers and crypto facilities planning to connect to the Texas power grid ahead of peak summer demand have failed key reliability tests, raising the risk of power outages just as electricity use hits its seasonal high, according to the state grid operator.The rapid expansion of dat
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