AI infrastructure push: Nvidia, Microsoft join BlackRock-led group in $40 billion data center deal; computing power in focus
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A major $40 billion deal is set to see a consortium led by BlackRock, Nvidia, and Microsoft acquire Aligned Data Centers. This acquisition highlights the intense competition in building AI infrastructure, with Aligned operating over 50 data centers across the Americas. The consortium aims for a $100 billion investment capacity to fuel AI growth.
from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/NWtBSry
Indian-origin finance chiefs are increasingly leading global giants like Unilever, Tesla, and Mastercard. A study reveals over a dozen multinational corporations have appointed Indian descent CFOs, many educated in India. This trend highlights the evolving role of CFOs as strategists, adept at navigating complex markets and demonstrating resilience, a skill honed by the Indian education system and professional experiences. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/r9zfLbi
The Union Cabinet has approved significant reforms for the stock market and insurance sectors. The plan includes allowing 100% foreign investment in insurance, aiming to boost penetration and consumer choice. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/oaBw6J3
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