JPMorgan Chase CEO Jamie Dimon said artificial intelligence has already eliminated 30 to 40 percent of jobs in some divisions of the bank, but competitive dynamics will prevent profit margins from exp…
Digital Realty agreed to buy Blackstone's majority stake in three fully leased Virginia data centres for $7.8 billion, paying $3.5 billion for a 64% equity interest. The deal underscores surging deman…
Samsung Electronics and SK Hynix pledged 3,200 trillion won ($2.07 trillion) in investments to expand South Korea's memory chip production capacity, betting on sustained AI demand. The plan, supported…
South Korean regulators are considering restrictions on leveraged ETFs after a sharp selloff in chip stocks, with Samsung and SK Hynix falling over 12% and the Kospi index dropping 10%, triggering a t…
HFCL Ltd. shares surged nearly 200% in six months as investors bet on India's data-centre expansion and AI-related capital expenditure. The company reported FY26 consolidated revenue of Rs 4,949 crore…
China's artificial intelligence sector is failing to offset the economic drag from the country's prolonged property crisis, according to Nomura chief China economist Lu Ting. AI investment in China to…
India's data centre IT load surged from 350 MW in 2019 to nearly 1.5-1.6 GW in 2025, a compound annual growth rate of about 29%, according to brokerage Nomura, as digitalisation, cloud adoption and AI…