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Anthropic revenue surges 1,127% to $17 billion in Q3, higher computing costs weigh on margins

Artificial Intelligence company Anthropic's revenue surged 1,127 per cent year-on-year to $17 billion in the September quarter, but higher costs of securing computing capacity pushed it back into an operating loss, highlighting the financial demands…

AMC Launches Online Tracking System After Suspected Malpractices in Hardware Orders

The Ahmedabad Municipal Corporation (AMC) has launched a mandatory online tracking portal for purchasing and replacing IT hardware, aiming to plug financial leakages and curb potential irregularities in equipment procurement. Under the new directives issued…

Adani Group said to seek $1.5 billion for data centre financing

AdaniConneX Pvt. is in talks with lenders including DBS Group Holdings Ltd., First Abu Dhabi Bank PJSC and Mitsubishi UFJ Financial Group Inc. for the offshore facility Adani Group, controlled by India’s richest man Gautam…

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