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India, UAE ink major pacts on energy, defence, AI; Abu Dhabi commits $5 billion investment

New Delhi: India and the United Arab Emirates on Friday signed a series of agreements across energy, defence, maritime infrastructure and emerging technologies during Prime Minister Narendra Modi’s visit to Abu Dhabi, with the Gulf nation announcing investments worth $5 billion in India. According to the Ministry of External Affairs (MEA), the two sides reviewed […]

Uber partners with Adani Group to set up first data centre in India

New Delhi: Ride-hailing platform Uber has partnered with Adani Group to establish its first data centre in India, marking a major expansion of the company’s technology and innovation presence in the country. Uber Chief Executive Officer Dara Khosrowshahi announced the development on Wednesday following his meeting with Adani Group Chairman Gautam Adani in Ahmedabad. Khosrowshahi said the partnership builds on Uber’s existing collaboration […]

Alphabet’s cloud unit beats quarterly revenue estimates on strong AI demand

New Delhi: Alphabet topped Wall Street estimates for quarterly revenue growth at its cloud computing unit on Wednesday, driven by sustained enterprise spending on artificial-intelligence infrastructure. Revenue at Google Cloud grew 63% to $20 billion in the first quarter ended March, compared with analysts’ average estimate of a 50.1% increase, according to data compiled by LSEG. The third-largest […]
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