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BENGALURU (Reuters) -Microsoft will spend $3 billion to expand its Azure cloud and artificial intelligence (AI) capacity in India, CEO Satya Nadella said on Tuesday, doubling down on a country with tech expertise and low costs to help turn such investments profitable. The two-year investment, its biggest ever in the country, will also be used to upskill Indians in AI, a Microsoft spokesperson said, clarifying this outlay was on top of the company's recently announced plan to invest $80 billion on AI-enabled data centers in fiscal 2025. India is a key growth market for U.S. tech giants, with executives ranging from Nvidia boss Jensen Huang to Advanced Micro Devices CEO Lisa Su visiting the country in recent months, promising big investments...
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The stock market just suffered a dip, and I am buying it. Find out the 3 purchases we recently made to take advantage of the dip...
Continue ReadingTesla's risks include a selloff following FY24 earnings, especially if 2025 EV sales guidance is lowered. See why I rate TSLA stock a strong buy...
Continue ReadingPowell Industries continued to see strong orders activity across its business segments. Read more to see why I'm neutral on POWL stock...
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Top picks for 2025 include Alphabet, Amazon, and MercadoLibre, all expected to benefit from leading market positions and secular growth. Explore more details here...
Continue ReadingIndonesia's industry ministry will meet representatives from Apple on Tuesday to discuss its investment in the country, a prerequisite for the tech giant to sell its latest iPhone 16 locally, a ministry official said. Indonesia last year banned sales of Apple's iPhone 16 after it failed to meet requirements that smartphones sold domestically should comprise at least 40% locally-made parts. Apple currently has no manufacturing facilities in Indonesia, a market of 280 million people, but has since 2018 set up application developer academies in the country...
Continue ReadingAs datacenter-driven load growth increasingly takes shape, US utilities and power providers in 2025 will aim to take advantage of those opportunities. Read more here...
Continue ReadingNvidia announced a host of new software and hardware technologies at CES 2025. Here are the three most important debuts...
Continue ReadingNvidia announced a host of new software and hardware technologies at CES 2025. Here are the three most important debuts...
Continue ReadingLAS VEGAS (Reuters) -Tesla supplier Panasonic Energy plans to eliminate its supply-chain dependence on China for electric vehicle batteries made in the United States, a senior executive told Reuters, calling the shift a "No.1 objective". The comments from Allan Swan, President of Panasonic Energy of North America, highlight how incoming President Donald Trump's pledge to raise tariff imports on Chinese goods has forced companies around the world to reassess their manufacturing processes...
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