Data & Data Culture
Yotta Plans $1.5 Billion IPO to Fund AI Expansion
The data center operator expects to file draft papers in October as GPU purchases and sovereign cloud projects increase its need for capital.
The data center operator expects to file draft papers in October as GPU purchases and sovereign cloud projects increase its need for capital.
The proposed financing would deepen Nvidia’s relationship with an AI company that is already an investor-backed customer of its computing technology.
Scammers’ use of a mainstream development platform shows why cloud providers, banks and regulators need to treat platform abuse as an infrastructure risk.
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.