Trump Revamps Kennedy Center Honors in White House Ceremony
President Trump personally awards five American arts icons in a revamped Oval Office ceremony, marking his direct control over the Kennedy Center. Read the full story.
Category : Search result: data center debt
Trump Overhauls Kennedy Center Honors in White House Ceremony
President Trump personally awards five American arts figures in a revamped White House ceremony, marking his direct control over the Kennedy Center. Read the full story.
Andhra Pradesh Refuses to Disclose Google Data Centre MoU
The Andhra Pradesh government has declined to make public the MoU with Google for its $15 billion AI data centre in Visakhapatnam. Explore the details and implications.
Micron Ends Crucial Brand, Consumer RAM & SSD Supply to Stop
Micron is shutting down its Crucial consumer memory brand, halting RAM & SSD sales to PC users by 2026 to focus on lucrative AI data centers. This leaves Samsung & SK Hynix dominating 70% of the market. Read the full story.
Middle-Class Debt Trap: RBI Data Shows Rising EMI Burden
India's middle class faces a growing debt crisis, with 5-10% of households in a trap. Driven by easy credit and social comparisons, the dream of upward mobility is turning risky. Read more.
Telangana, Andhra Pradesh overshoot RBI borrowing limits
Telangana and Andhra Pradesh have become India's most aggressive borrowers in 2025, overshooting RBI limits by 190% and 122% respectively. Economists warn of severe long-term fiscal stress. Read the full analysis.
Iren Aims to Raise $2 Billion for AI Computing Growth
Sydney-based AI data center firm Iren Ltd. plans a $2 billion convertible bond offering to fuel expansion. Shares fell 6.4% post-announcement. Read the full details on the funding and strategy.
India's DPDPA Rules: A Compliance Challenge
India's Digital Personal Data Protection Act Rules are now out, but businesses face a complex path to compliance. We explore the key hurdles, from consent to cross-border data flows.
Russian Railways Debt Restructuring Talks: VTB's Key Role
VTB, the largest creditor of Russian Railways, reveals banks are ready to restructure its 4 trillion rouble debt, but only if the central bank does not hike reserve requirements. Debt-to-equity conversion is off the table. Explore the financial challenges
Coupang Data Breach Impacts 33.7 Million Customers
South Korea's top e-commerce giant Coupang apologises after a massive data breach leaks personal details of 33.7 million users. Learn about the investigation and how to protect yourself.
Understanding India's Digital Personal Data Protection Act 2025
India's DPDP Act 2023 empowers citizens with data rights while establishing business obligations. Learn how this landmark legislation protects your digital privacy and transforms data governance.
AI Data Centers Offer Six-Figure Salaries to Workers
The AI investment boom is creating massive demand for data center construction workers, with salaries reaching $200,000+ and unprecedented job security in the skilled trades sector.
OpenAI's $100B debt burden falls on partners, not itself
OpenAI's data center partners accumulate nearly $100B in borrowing while the AI startup maintains minimal debt. Oracle faces biggest exposure with $315B market value drop. Read the shocking financial details.
UAE President Cancels AED 475 Million Debt for Citizens
UAE President Sheikh Mohamed bin Zayed Al Nahyan erases AED 475 million debt for 1,435 Emiratis through SCB initiative. Historic humanitarian gesture supports financial stability.
Vahan Database Shows 117 Data Anomalies in Vehicle Records
NIC discovers 117 anomalies in Vahan database including 1,500 EVs registered before 1996. Government launches massive data cleansing exercise to identify operational vehicles and improve policy planning.
AP Cabinet Approves Land Pooling for Amaravati Phase 2
Andhra Pradesh cabinet approves acquisition of 16,666 acres for Amaravati's second phase, Google data center in Vizag, and multiple development projects. Read full details.
Altice Moves Key Assets Beyond Creditors' Reach
Altice International restructures Portugal & Caribbean units to raise €750M debt, sparking bond price drops. Strategic review underway amid 12.1% earnings decline.
Adani invests $5B in Google AI data centers in India
Gautam Adani's conglomerate plans $5 billion investment in Google's AI infrastructure in southern India. Discover how this shapes India's digital future and data center boom.
OpenAI API User Data Exposed in Third-Party Breach
OpenAI confirms limited API user data exposed in Mixpanel security incident. No sensitive information compromised. Learn how to protect yourself from phishing attacks.
SoftBank CDS Hits 302 bps on AI Spending Concerns
SoftBank's credit risk soars as its debt-fueled AI ambitions, including the Stargate project, worry investors. Rakuten sees contrasting improvement. Explore the market dynamics.
AI Infrastructure: The Real Money Maker in Tech Boom
Discover why AI infrastructure companies offering power, data centers and semiconductors present better investment opportunities than AI model developers themselves. Learn from history's gold rush wisdom.
Reliance JV Plans $11B AI Data Center in Andhra
Digital Connexion, a Reliance JV, announces $11 billion investment for 1-gigawatt AI data center in Visakhapatnam. Project to be completed by 2030.
IL&FS Repays ₹48,463 Crore to Creditors by September 2025
Debt-ridden IL&FS group has repaid ₹48,463 crore to creditors, achieving 80% of its ₹61,000 crore debt resolution target. Read the latest updates on NCLAT proceedings.
US Economy's AI Dependency Risks Recession
The US economy now heavily relies on AI investment from tech giants. Without this spending, GDP growth would halve, raising recession risks. Explore the implications.
OpenAI and Foxconn Partner on US AI Supply Chain
OpenAI partners with Foxconn to build AI data center components in the US, strengthening global AI supply chains and boosting American manufacturing.
How ₹60K Credit Card Debt Affects Your Credit Score
Carrying ₹60,000 credit card debt can hurt your credit score due to high utilization. Learn how personal loans for debt consolidation affect your credit health and smart repayment strategies.
TPG invests $1bn in TCS data centre business
American PE giant TPG invests $1 billion in TCS's data centre subsidiary HyperVault AI. Tata Group executive Deepesh Nanda to lead the new AI infrastructure venture targeting 1GW capacity by 2031.
AMD, Cisco & Saudi Humain Launch AI Joint Venture
AMD, Cisco Systems and Saudi AI startup Humain form joint venture for Middle East data centers, securing Luma AI as first major customer for 100MW project. Major expansion planned by 2030.
Musk's xAI, Saudi Arabia Launch 500 MW AI Data Center
Elon Musk announces xAI partnership with Saudi's Humain for massive 500 MW AI data center powered by Nvidia chips, marking Saudi Arabia's major AI infrastructure push.
WhatsApp Data Scrape: 75 Crore Indian Users Exposed
Security researchers scraped data of 75 crore WhatsApp users in India. Learn how to protect your privacy and what this means under new data protection laws.
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