Anant Raj Ltd. plans to invest 180 billion rupees ($2.1 billion) in data centers as part of the growing trend in India’s AI and business intelligence demand. The move reflects the increasing importance of data infrastructure in the country’s tech ecosystem. The investment is set to boost India’s digital infrastructure and technology capabilities.
AI spending Stalls as Anthropic Prepares for IPO
AI spending growth has stalled, raising concerns as Anthropic approaches its IPO, despite increased usage driven by price competition.