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Key PlayersNVIDIA, AWS, CoreWeave

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nVent and AMD team up to bring advanced cooling to AI infrastructure with Helios Rackscale

nVent and AMD announced a collaboration to integrate rack-level cooling into the AMD Helios Rackscale solution. The partnership combines nVent's rear door heat exchanger with AMD's AI infrastructure platform to help operators deploy high-density AI capacity at scale across diverse data center environments.

Technology2 sources

nVent and AMD team up to bring advanced cooling to AI infrastructure with Helios Rackscale

Technology2 sources

Adani and Jabil Form Joint Venture to Manufacture AI and Data Centre Equipment in India

Adani Enterprises and Jabil signed a Memorandum of Understanding for a 50:50 joint venture to manufacture AI and data centre equipment in India. The venture will produce AI racks, servers, storage systems, and cooling infrastructure with multi-gigawatt manufacturing capacity, targeting both domestic demand and exports in a market estimated at over $3 trillion.

Business6 sources

Adani and Jabil Form Joint Venture to Manufacture AI and Data Centre Equipment in India

Business6 sources

IBM Partners with MeitY Startup Hub to Fuel AI Innovation for Indian Deep-Tech Startups

IBM and MeitY Startup Hub signed an MoU on October 13 to support Indian deep-tech startups with access to enterprise technologies like IBM watsonx, technical mentorship, and commercialization opportunities. The collaboration focuses on AI innovation, hybrid cloud and quantum computing, prioritizing startups in Tier 2 and Tier 3 cities to strengthen India's deep-tech ecosystem.

Technology3 sources

IBM Partners with MeitY Startup Hub to Fuel AI Innovation for Indian Deep-Tech Startups

Technology3 sources

Fundamentum Frontier Advisors Secures ₹3,000 Crore for India's Largest AI and Deeptech Fund

Fundamentum Frontier Advisors has closed India's largest deeptech-focused fund at ₹3,000 crore with approval to expand to ₹3,500 crore. Led by Ashish Kumar and anchored by Nandan Nilekani, the growth-stage fund will invest ₹100-200 crore each in 12-15 AI and deeptech companies over the next 2-3 years.

Startups2 sources

Fundamentum Frontier Advisors Secures ₹3,000 Crore for India's Largest AI and Deeptech Fund

Startups2 sources

NTT Data nears $6.3bn deal to build Anthropic's first Japan data centre in Osaka

NTT Data Group is in final talks with Anthropic to construct a massive data centre in Osaka, marking the US AI company's first dedicated facility in Japan. The project could cost up to 1 trillion yen ($6.3 billion) for construction alone and draw 500 megawatts of power, making it one of Japan's largest data centres with partial operations targeted for 2028.

Business2 sources

NTT Data nears $6.3bn deal to build Anthropic's first Japan data centre in Osaka

Business2 sources

Scaleway Building AMD AI Supercomputer in Sweden, Nvidia Site in Copenhagen for European Expansion

French cloud provider Scaleway announced dual AI infrastructure expansions in Northern Europe—an AMD-powered AI supercomputer in Sweden and a Nvidia-powered computing site in Copenhagen. The moves target European businesses seeking high-performance AI computing under EU law, leveraging low-carbon electricity and cool climates.

Technology3 sources

Scaleway Building AMD AI Supercomputer in Sweden, Nvidia Site in Copenhagen for European Expansion

Technology3 sources

IMF Report Warns AI Market Correction Could Spark Global Financial Crisis With $1.4T at Risk

The International Monetary Fund issued a stark warning that an AI bubble could burst and trigger widespread economic damage. The IMF report highlights how $1.4 trillion in circular AI deals, combined with $650 billion in debt and concentrated investments, could lead to a market correction that reduces global GDP by up to 1.1% by 2028.

Business15 sources

IMF Report Warns AI Market Correction Could Spark Global Financial Crisis With $1.4T at Risk

Business15 sources

Zoho Freezes Salary Hikes as AI Costs Surge Four-Fold, Vows to Avoid Mass Layoffs

Zoho founder Sridhar Vembu announced the company will skip annual pay increases this year due to dramatically rising AI costs and a four-fold increase in server prices. Despite financial constraints, Vembu refuses to lay off employees, instead choosing to retrain staff and cut marketing budgets while the SaaS industry faces mounting pressure.

Business4 sources

Zoho Freezes Salary Hikes as AI Costs Surge Four-Fold, Vows to Avoid Mass Layoffs

Business4 sources

Nvidia Loses Ground in China AI Chip Market as Huawei Captures 28% Share

Nvidia's dominance in China's AI chip market is eroding as US export controls and Beijing's push for domestic alternatives enable Huawei to nearly double its shipments. An IDC report reveals Nvidia's market share dropped to 34% while Huawei surged to 28%, reshaping the competitive landscape in the world's second-largest economy.

Business5 sources

Nvidia Loses Ground in China AI Chip Market as Huawei Captures 28% Share

Business5 sources

Vertiv Delivers India's First 30 MW Liquid Cooling AI Data Center with CapitaLand

Vertiv has completed India's first direct-to-chip high-density liquid cooling deployment at CapitaLand India Trust's CLDC Mumbai 01 Data Center in Navi Mumbai. The 30 MW AI workloads project uses Vertiv's secondary fluid network system to support a hyperscale customer, marking a pivotal shift from traditional air cooling to advanced liquid cooling for AI-ready infrastructure.

Technology2 sources

Vertiv Delivers India's First 30 MW Liquid Cooling AI Data Center with CapitaLand

Technology2 sources

L&T Technology Services Opens AI-Native Engineering Intelligence Lab in Bengaluru with NVIDIA

L&T Technology Services inaugurated its AI-Native Engineering Intelligence Lab for Digital Manufacturing in Bengaluru, featuring NVIDIA-accelerated technologies. The experiential environment demonstrates how AI-Native Factory systems, digital twins, and autonomous manufacturing work together across production lifecycles with over 100 EI solutions.

Technology2 sources

L&T Technology Services Opens AI-Native Engineering Intelligence Lab in Bengaluru with NVIDIA

Technology2 sources

Nvidia in Talks to Acquire Reflection AI, Signaling Major Shift in AI Model Competition

Nvidia is negotiating to acquire or invest further in Reflection AI, a startup developing open-weight AI models for automating software development. The chipmaker already invested $800 million and the deal could value Reflection at $25 billion. This move would shift Nvidia from pure infrastructure provider into direct AI model competition.

Business2 sources

Nvidia in Talks to Acquire Reflection AI, Signaling Major Shift in AI Model Competition

Business2 sources

Intel GPU D-Series Targets AI Inference With Record 480GB Memory in Air-Cooled Design

Intel officially launched its GPU D-Series AI accelerator at OCP 2026, featuring 480GB of LPDDR5X memory and 1.3 PFLOPS of FP8 compute in a 350W air-cooled design. The chip targets large language models and concurrent inference services, with customer sampling already underway.

Technology10 sources

Intel GPU D-Series Targets AI Inference With Record 480GB Memory in Air-Cooled Design

Technology10 sources

Microsoft AI strategy gains traction as Azure cloud growth and Maia chip fuel Wall Street optimism

Microsoft unveiled its Maia 300 chip at the OCP Global Summit, marking a decisive shift toward AI infrastructure self-sufficiency. The custom silicon effort promises 40% more compute per megawatt than GPU alternatives, with multi-gigawatt deployments planned for 2027. Wall Street analysts raised price targets ahead of the company's October 28 earnings report, betting on Azure cloud growth and enterprise AI adoption to justify heavy AI investments.

Business5 sources

Microsoft AI strategy gains traction as Azure cloud growth and Maia chip fuel Wall Street optimism

Business5 sources

Texas Instruments debuts nanosecond monitoring chip to cut AI data center downtime

Texas Instruments unveiled three analog solutions at the Open Compute Project Global Summit to address critical AI data center challenges. The ADC34DSO75 enables nanosecond-level telemetry thousands of times faster than current solutions, while the LMI800PS hot-swap controller reduces board area by over 60%. These innovations tackle power instability and signal degradation that cost operators hundreds of thousands of dollars per hour in downtime.

Technology3 sources

Texas Instruments debuts nanosecond monitoring chip to cut AI data center downtime

Technology3 sources

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