AI infrastructure

The move gives HCL Tech ownership of computing infrastructure and marks a break from the asset-light model its chief executive defended less than a year ago.

The Tata Group company will add capacity on Mumbai-Singapore and Chennai-Singapore subsea routes as AI, cloud and data center traffic rises across Asia.

State investors are cutting exposure to crowded equity markets and moving deeper into private credit, infrastructure and data centers to capture the AI build-out.

Annual report says hyperscalers’ trillion-dollar spending race could leave firms exposed if AI payoffs disappoint.

Singh will become OpenAI’s senior most executive in India as the company deepens its presence in one of ChatGPT’s fastest growing markets.