India Introduces BIS Standards for Data Centres, Cloud Computing and AI Ethics
India has introduced new Bureau of Indian Standards (BIS) guidelines for data centres, cloud computing systems, and artificial intelligence ethics. These standards aim to support the country’s rapidly growing digital infrastructure and AI ecosystem. Although the new BIS standards are voluntary, they will act as an industry benchmark. They will also help monitor the quality […]
Oracle May Cut Thousands of Jobs Amid Rising AI Data Center Costs
Enterprise software giant Oracle is reportedly preparing to cut thousands of jobs as it ramps up spending on artificial intelligence infrastructure and data center expansion. The move comes as the company faces increasing financial pressure linked to its aggressive push into the AI cloud computing market. According to a recent report, Oracle’s layoffs could impact […]
Moneyview Files ₹1,500 Crore IPO DRHP with SEBI to Expand India’s Digital Lending Platform
Bengaluru-based fintech unicorn Moneyview has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch a ₹1,500 crore Initial Public Offering (IPO). Through this IPO, the company plans to expand its digital lending platform and strengthen financial services for underserved borrowers across India. The proposed public issue […]