VISAKHAPATNAM DATA CENTRE PROTESTS
Bad AI cholesterol vs good AI cholesterol
The Magnificent 7 of Big Tech has recently experienced a staggering drop, losing over $1 trillion in collective market value. This decline is fueled by apprehensions regarding spending on artificial intelligence and rampant inflation. As challenges loom for AI investments—particularly in legal and borrowing contexts—investors must now navigate a landscape where distinguishing between thriving and failing AI projects is crucial.
Equinix seeking land for India data centres: CEO
The world’s largest data centre operator by footprint, valued at nearly $100 billion, has invested $365 million in India and sees significant opportunities in AI inference, the process of using trained models to generate responses and run business applications. Such workloads require proximity to enterprise data, users and networks.
Activists breach Microsoft data centre construction site as protests spread in Europe
Activist groups have announced actions in 16 countries on Friday and Saturday, according to the "Stop Dirty Data Centres" coalition, which is rallying environmental groups and digital rights campaigns behind calls to pause large-scale construction.
India-Sri Lanka 1st ODI shifted from Delhi to Visakhapatnam
The first ODI match between India and Sri Lanka will take place on December 13, 2026. The venue has been changed from Delhi to Visakhapatnam due to renovation works and weather concerns. Following the first match, the second ODI will occur in Bengaluru on December 16. The third ODI is scheduled for December 19 in Ahmedabad, both matches starting at 2 pm.
US midterm results threaten data center boom as AI backlash grows
US midterm election results have raised fresh concerns over the future of America's data centre boom, with Democratic victories in Texas and Georgia strengthening opposition to new projects. Investors fear tighter regulations, construction moratoriums and reduced tax incentives could disrupt AI infrastructure spending, putting nearly 45% of planned US capacity at risk.
Google unveils $15 billion data centre investment in Malaysia
Google announced plans on Wednesday to invest $15 billion in Malaysia over the next two years to build data centres and other infrastructure as demand booms for artificial intelligence services. It said the $15 billion investment will be made "over the next two years (2027 to 2028)", expanding on a $2 billion investment announced in 2024.
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Australia data centre inquiry finds inadequate checks, stops short of moratorium
An inquiry into data centres by Australia's most populous state found approvals failed to consider the cumulative effect on resources and infrastructure but stopped short of calling for a moratorium, prompting a blistering rebuke from its chair.
Democratic victories threaten to slow US data-centre expansion, ease bond yields: ICICI Bank report
The US midterm election results have put 141 GW of planned data-centre capacity at risk of tighter policy restrictions, potentially slowing AI infrastructure investments, while supporting US Treasury bonds, according to an ICICI Bank report.
KOSPI crashes 4% as US midterm shock rattles Asian markets
Oil prices and stock markets reacted significantly to the recent midterm election victories by Democrats in the United States. Asian chip stocks declined alongside the dollar, indicating market volatility following the elections. Lower oil prices have resulted in a bond rally, subsequently reducing yield rates. Anticipation of increased support for renewables is driving optimism in solar supply chain stocks.
AI boom draws chip supply from other end-markets, Siltronic CEO says
Siltronic, which makes silicon wafers used in semiconductors, raised its annual sales forecast for the second time this year on Wednesday, citing stronger demand for its wafers.
Texas and Georgia host the AI data-centre boom and both swung blue; AI cloud stocks fell and solar jumped up to 10% as the fight over who pays for power begins
Data centre stocks fall after Democrats win Congress, but solar shares jump 10% as US election results shake up energy outlook. Texas and Georgia are two important locations for the industry. Both elected Democratic candidates in the midterm elections. Democrats also made gains in traditionally Republican areas, including Kansas.
Right to protest cannot override right to livelihood: SC calls for balance
The Supreme Court has highlighted the importance of balancing the right to protest with the livelihoods of others. A three-member bench stated that indefinite occupation of protest sites is unacceptable. The court directed traders' associations to involve protest organizers in their claims for damages. Delhi Police defended its actions at protest sites, citing disruptions caused by ongoing demonstrations.
India's data centre capacity set for 5x surge by 2030
By March 2030, India’s data centre capacity is projected to soar to 7.5 gigawatts, fueled by escalating demand from global hyperscalers and the emergence of generative artificial intelligence. However, challenges such as power infrastructure and project execution timing loom large. To mitigate these risks, pre-commitments and long-term contracts are essential, alongside the industry's flexibility to adapt to changing computing needs, which will dictate its future profitability.
Andhra Pradesh municipal election results 2026 live updates: TDP alliance leads in eight Andhra civic bodies, Ashutosh Ranka alleges booth capturing
AP municipal elections results: Vote counting for Andhra Pradesh's municipal elections is underway in 92 urban local bodies, surrounded by strict security protocols. The TDP-led coalition is reportedly gaining momentum in eight municipalities, whereas the YSR Congress Party has not won any municipal corporations thus far. Electoral malpractice allegations have emerged, particularly regarding booth capturing, as pointed out by CJP's Ashutosh Ranka.
Eye of cyclone Murasu crosses Andhra coast
The severe cyclonic storm Murasu crossed the coast of Andhra Pradesh early on Tuesday morning, causing heavy rainfall. It was recorded that Bapatla received significant rainfall of 222.4 mm among other areas in the state. Wind speeds reached up to 90 kmph, with gusts of 100 kmph reported. The cyclone is expected to weaken gradually throughout the day, becoming a deep depression by midnight.
Andhra Pradesh: TDP leads in 8 GVMC wards as counting begins at Andhra University in Visakhapatnam
Counting of votes for the Greater Visakhapatnam Municipal Corporation elections commenced at Andhra University early in the morning. The Telugu Desam Party received 53 votes, while the YSR Congress Party secured 29 votes during the initial count. Counting began with postal ballots and was completed for four wards by 8:30 AM. Transparent arrangements and security measures were implemented to ensure accurate counting throughout the process.
NTT Data to nearly triple Mangaluru workforce to over 2,500 by 2027
The company entered Mangaluru through its acquisition of local cloud engineering company Niveus Solutions, and is looking to use the city as a base for developing specialised technology capabilities. Its focus areas include healthcare and life sciences, automotive, manufacturing, high technology, AI and data.
STT Global’s India biz on the block; micro occasions power qcomm
KKR, Singtel, and the Tatas are preparing to sell STT GDC India, a major data centre platform. This and more in today’s ETtech Top 5.
Severe Cyclone Murasu: 19 flights cancelled across 3 Andhra airports
Severe cyclonic storm Murasu is expected to impact Andhra Pradesh, resulting in significant flight cancellations. At least 19 domestic flights have been canceled across Vijayawada, Tirupati, and Visakhapatnam airports. Major airlines such as IndiGo and Air India Express have announced several flight cancellations. The storm is anticipated to cross the Andhra Pradesh coast during the night between November 2 and November 3.
KKR, Singtel and Tata Communications put data centre company STT GDC India up for sale at over $5.5 billion
In a significant move, KKR, Singtel, and Tata Communications are gearing up to offload STT Global Data Centres India, anticipating a valuation that could surpass $5.5 billion. This initiative underscores their intent to bolster capital and refine strategic objectives. With 34 data centres in operation, STT GDC India stands as a leading co-location service provider, well-poised to capitalize on the escalating appetite for data infrastructure amidst evolving tech trends.
Australian outback data centre pulls timeline after regulator stalls
Startup Energy North, which says it has finance lined up for a sprawling gas and solar-powered data centre on a cattle ranch in the country's remote north, 683 km (424 miles) from the nearest city, had given a "first power" date of June 28, 2028, in regulatory filings four months ago.
See data centres less as energy-sucking private warehouses, and more as quasi-public utilities
We need data centres. They run far more than ChatGPT. Search, banking, streaming, social networks, cloud software, government services, hospitals and almost every company's digital operations depend on them. AI simply raises the requirement dramatically. Google says its Vizag hub will provide new subsea connectivity for India. IEA says electricity use by AI-focused data centres jumped 50% in 2025. A country without serious compute infrastructure risks becoming a consumer, rather than a producer, of the AI revolution.
Vande Bharat, Visakha Express & 7 more trains cancelled, 14 diverted after Cyclone Arnab triggers flood scare in Odisha: Check affected services
Cyclone Arnab has disrupted Howrah-Chennai rail services, with nine trains cancelled and 14 diverted after the Bahuda river crossed the danger mark at two railway bridges in Odisha's Ganjam district. Major affected services include the Bhubaneswar-Visakhapatnam Vande Bharat Express and the Visakha Express. The East Coast Railway has arranged food and water for stranded passengers.
STMicro nearly doubles quarterly profit, sees Q4 sales exceeding $4 billion
STMicroelectronics reported a third-quarter operating profit above market expectations on Thursday, as demand from AI data centres and satellite operators added to a broader recovery in the chipmaker's markets.
TPG pursues $5 billion acquisition of British data centre group Ark: FT
Global alternative asset manager TPG is in talks to buy British data centre group Ark from Elliott Investment Management at a valuation of about $5 billion, the Financial Times reported on Wednesday, citing people familiar with the matter.
Cyclone Arnab Update: Watch visuals of heavy rain, strong winds, rough seas as waves knock over motorcycles, hit cars across east and south India
Cyclone Arnab is currently affecting weather conditions across eastern and southern India, especially in Andhra Pradesh. Coastal areas, including Visakhapatnam and Kakinada, are experiencing strong winds and heavy rainfall. The India Meteorological Department has issued warnings for isolated areas likely to face extremely heavy downpours. Road transport and other activities may face disruptions due to severe conditions.
Tata Communications to invest $450 million in 10,000 km AI fibre network
The project will be implemented in three phases spanning three to five years, subject to execution conditions, and funded through operating cash flows, Rupesh Chokshi, chief product and technology officer at Tata Communications told ET. The planned network will provide 7.2 petabytes of capacity.
No swaying coconut palms, only towering rocky cliffs: Anand Mahindra is charmed by this Visakhapatnam beach. ‘I find this kind of raw beauty compelling.’
Anand Mahindra has reignited his 'Sunday Wanderer' series by highlighting the stunning Gangavaram Beach located near Visakhapatnam. He prompts us to consider why this majestic coastal site is often overlooked in India’s travel landscape. With its striking cliffs and unrefined beauty, Gangavaram Beach embodies a unique blend of modernization while preserving its natural allure, symbolizing the region's rich geological history.
US data centre spending seen more than doubling to $2.1 trillion by 2028, estimates BoFA
Global data centre spending is expected to reach $1 trillion in 2026 and more than double to $2.1 trillion by 2028, driven by rising demand for AI services, BofA Global Research estimates. The data centre market could reach $2.93 trillion by 2030 as AI fuels rapid infrastructure expansion.
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