10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
AI

Techno Digital inaugurates 36 MW AI data centre in Chennai with $175 million committed investment



Techno Digital, the digital infrastructure arm of Techno Electric & Engineering Company Ltd (TEECL), on Thursday said it has inaugurated its 36MW AI-ready hyperscale data centre at SIPCOT IT Park, Siruseri, Chennai.

The facility — built with a committed investment of $175 million (about Rs 1,535 crore) — is part of Techno Digital’s broader $1 billion national investment plan aimed at developing scalable, sustainable, and AI-ready digital infrastructure across India, the company said in a statement.

The new data centre, spanning over 200,000 sqft, is…



Source link

by Startup Story Media

Biotech Funding Alert ByStartupStory     |    November 11, 2025 BioactivX, a Singapore-based biotech startup specializing in advanced wound care solutions, has successfully raised $1.4 million in seed funding. The round was led by Cocoon Capital, a prominent early-stage venture… Source link

AI
by The Economic Times

IBM said Tuesday that it planned to cut thousands of workers as it shifts its focus to higher-growth businesses in artificial intelligence consulting and software.The company did not specify how many workers would be affected, but said in a statement the layoffs would “impact a low single-digit percentage of our global workforce.” The company had 270,000 employees at the end of last year.The number of workers in the United States is expected to remain flat despite some cuts, a spokesperson added in the statement.A massive supplier of technology to…Source link

AI
by The Economic Times

IBM said Tuesday that it planned to cut thousands of workers as it shifts its focus to higher-growth businesses in artificial intelligence consulting and software. The company did not specify how many workers would be affected, but said in a statement the layoffs would “impact a low single-digit percentage of our global workforce.” The company had 270,000 employees at the end of last year. The number of workers in the United States is expected to remain flat despite some cuts, a spokesperson added in the statement. A massive supplier of technology to… Source link