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Microsoft Shares Slide as Cloud Forecast, AI Spending Disappoint
Despite beating quarterly overall sales estimates, investors want better results from the hundreds of billions of dollars that Wall Street heavyweights have been spending to build AI data centers and infuse their products with the emerging technology.
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China To Build World's Largest Artificial-Island Airport, Project To Be Completed In 2035
The total cost of the project is estimated at $4.3 billion, with completion expected by 2035.
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Elon Musk Believes He Might Be Dead Before Humans Settle on Mars, Here's Why
Elon Musk, the founder of SpaceX, has openly questioned whether he will live to see humans colonize Mars. Speaking at the Satellite 2020 conference, Musk highlighted the slow pace of advancements in space travel and the enormous challenges that remain. Despite the remarkable achievements of SpaceX, including the successful launches of Falcon 9 and ...
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Mai Labs Unveils Metaverse Platform Mayaaverse, VR Headset Lumyn XR in India: Details
Web3 firm Mai Labs launched its metaverse platform called ‘Mayaaverse’ in India on Wednesday, May 22. While demonstrating the Mayaaverse, the company gave a glimpse into the virtual retail stores, religious destinations, as well as virtual venues for live performances that this ecosystem aims to bring forward.
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How Many Humans Are Needed To Build A Colony On Mars? Scientists Say Only...
This finding challenges previous estimates, which suggested that anywhere from 100 to 500 people would be required for a self-sustaining settlement on the Red Planet.
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Tata to Build Rs. 130 Billion Electric Vehicle Battery Plant in Gujarat
India’s Tata Group signed an agreement with the Gujarat state government to set up a giga-factory for manufacturing lithium-ion cells, with an estimated initial investment of around Rs. 130 billion rupees. Tata Agaratas Energy Storage Solutions, a subsidiary of Tata Group, signed a memorandum of understanding on Friday to establish an electric-ve...
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Tata To Build Rs 13,000 Crore EV Battery Plant In Gujarat
Salt-to-software conglomerate Tata Group signed an agreement with the Gujarat government to set up a giga-factory for manufacturing lithium-ion cells, with an estimated initial investment of around Rs 13,000 crore.
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NASA To Build Next Generation, Low-Emissions Airplanes By 2030
NASA, whose purview also includes aeronautical research, will invest $425 million over seven years in the "Sustainable Flight Demonstrator" (SFD) project while Boeing and its partners will spend an estimated $725 million.
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Amazon to Invest $4 Billion in Building New AWS Data Centre Cluster in Hyderabad by 2030
AWS, or Amazon Web Services, on Tuesday announced that it would invest $4 billion (roughly Rs. XXX crore) in building a second data centre cluster in the country by the end of the decade. With the launch of the AWS Asia Pacific (Hyderabad) region, AWS now has 96 Availability zones across 30 geographic regions, with announced plans to launch 15 more...
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Government Has No Plans to Ban Sale of Smartphones Under Rs. 12,000 Segment: MoS IT
Indian government has no plans to ban low-budget smartphones under Rs. 12,000, said Minister of State for Electronics and IT Rajeev Chandrasekhar in response to a query about government’s plan to ban Chinese companies from selling phones under a particular category. Chandrashekhar also stated that India looks forward to build domestic brands.
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Delhi Civic Body Clears Proposal To Conserve Gole Market Building As Museum
The New Delhi Municipal Council on Wednesday approved a proposal for the conservation and restoration of the main Gole Market building as a museum at an estimated cost of Rs 26.71 crore.
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Bitzero to Convert Abandoned US Missile Site Into Bitcoin Mining Site, Data Centre: Details
Crypto mining firm Bitzero will purchase an old US anti-ballistic missile site abandoned in the 1970s and redevelop it into a data centre to mine Bitcoin and other cryptocurrencies, according to North Dakota governor Doug Burgum. The firm intends to build 200 megawatts of data centers in North Dakota and is working on a joint venture for assembly a...
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Tesla Battery Supplier Panasonic to Build $4 Billion EV Plant in Kansas, Aims to Create 4,000 Jobs
Panasonic Energy announced on Wednesday that it has picked Kansas as the site for a new battery plant with an investment of $4 billion (roughly Rs. 31,900 crore) and an aim to create 4,000 jobs. Panasonic plans to expand battery production capacity by three to four times by 2029, with most of the increase in North America, according to the company.
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Video Game Enthusiast Aleksandr Agapitov Quietly Builds $3 Billion Payments Powerhouse
Xsolla, a company founded by video game junkie Aleksandr Agapitov, could seek a valuation of $3 billion (roughly Rs. 22,890 crore) according to estimates by two investment banks. The company lets video game produces sell in-game digital items.
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Battery Maker Northvolt And Galp Energia Form JV To Build Lithium Plant
Northvolt will build a lithium processing plant with Portugal's Galp Energia with investments estimated at around 700 million euros ($789.6 million), as demand grows for lithium-ion batteries to power electric vehicles.
-
Microsoft Shares Slide as Cloud Forecast, AI Spending Disappoint
Despite beating quarterly overall sales estimates, investors want better results from the hundreds of billions of dollars that Wall Street heavyweights have been spending to build AI data centers and infuse their products with the emerging technology.
-
China To Build World's Largest Artificial-Island Airport, Project To Be Completed In 2035
The total cost of the project is estimated at $4.3 billion, with completion expected by 2035.
-
Elon Musk Believes He Might Be Dead Before Humans Settle on Mars, Here's Why
Elon Musk, the founder of SpaceX, has openly questioned whether he will live to see humans colonize Mars. Speaking at the Satellite 2020 conference, Musk highlighted the slow pace of advancements in space travel and the enormous challenges that remain. Despite the remarkable achievements of SpaceX, including the successful launches of Falcon 9 and ...
-
Mai Labs Unveils Metaverse Platform Mayaaverse, VR Headset Lumyn XR in India: Details
Web3 firm Mai Labs launched its metaverse platform called ‘Mayaaverse’ in India on Wednesday, May 22. While demonstrating the Mayaaverse, the company gave a glimpse into the virtual retail stores, religious destinations, as well as virtual venues for live performances that this ecosystem aims to bring forward.
-
How Many Humans Are Needed To Build A Colony On Mars? Scientists Say Only...
This finding challenges previous estimates, which suggested that anywhere from 100 to 500 people would be required for a self-sustaining settlement on the Red Planet.
-
Tata to Build Rs. 130 Billion Electric Vehicle Battery Plant in Gujarat
India’s Tata Group signed an agreement with the Gujarat state government to set up a giga-factory for manufacturing lithium-ion cells, with an estimated initial investment of around Rs. 130 billion rupees. Tata Agaratas Energy Storage Solutions, a subsidiary of Tata Group, signed a memorandum of understanding on Friday to establish an electric-ve...
-
Tata To Build Rs 13,000 Crore EV Battery Plant In Gujarat
Salt-to-software conglomerate Tata Group signed an agreement with the Gujarat government to set up a giga-factory for manufacturing lithium-ion cells, with an estimated initial investment of around Rs 13,000 crore.
-
NASA To Build Next Generation, Low-Emissions Airplanes By 2030
NASA, whose purview also includes aeronautical research, will invest $425 million over seven years in the "Sustainable Flight Demonstrator" (SFD) project while Boeing and its partners will spend an estimated $725 million.
-
Amazon to Invest $4 Billion in Building New AWS Data Centre Cluster in Hyderabad by 2030
AWS, or Amazon Web Services, on Tuesday announced that it would invest $4 billion (roughly Rs. XXX crore) in building a second data centre cluster in the country by the end of the decade. With the launch of the AWS Asia Pacific (Hyderabad) region, AWS now has 96 Availability zones across 30 geographic regions, with announced plans to launch 15 more...
-
Government Has No Plans to Ban Sale of Smartphones Under Rs. 12,000 Segment: MoS IT
Indian government has no plans to ban low-budget smartphones under Rs. 12,000, said Minister of State for Electronics and IT Rajeev Chandrasekhar in response to a query about government’s plan to ban Chinese companies from selling phones under a particular category. Chandrashekhar also stated that India looks forward to build domestic brands.
-
Delhi Civic Body Clears Proposal To Conserve Gole Market Building As Museum
The New Delhi Municipal Council on Wednesday approved a proposal for the conservation and restoration of the main Gole Market building as a museum at an estimated cost of Rs 26.71 crore.
-
Bitzero to Convert Abandoned US Missile Site Into Bitcoin Mining Site, Data Centre: Details
Crypto mining firm Bitzero will purchase an old US anti-ballistic missile site abandoned in the 1970s and redevelop it into a data centre to mine Bitcoin and other cryptocurrencies, according to North Dakota governor Doug Burgum. The firm intends to build 200 megawatts of data centers in North Dakota and is working on a joint venture for assembly a...
-
Tesla Battery Supplier Panasonic to Build $4 Billion EV Plant in Kansas, Aims to Create 4,000 Jobs
Panasonic Energy announced on Wednesday that it has picked Kansas as the site for a new battery plant with an investment of $4 billion (roughly Rs. 31,900 crore) and an aim to create 4,000 jobs. Panasonic plans to expand battery production capacity by three to four times by 2029, with most of the increase in North America, according to the company.
-
Video Game Enthusiast Aleksandr Agapitov Quietly Builds $3 Billion Payments Powerhouse
Xsolla, a company founded by video game junkie Aleksandr Agapitov, could seek a valuation of $3 billion (roughly Rs. 22,890 crore) according to estimates by two investment banks. The company lets video game produces sell in-game digital items.
-
Battery Maker Northvolt And Galp Energia Form JV To Build Lithium Plant
Northvolt will build a lithium processing plant with Portugal's Galp Energia with investments estimated at around 700 million euros ($789.6 million), as demand grows for lithium-ion batteries to power electric vehicles.
