India heatwave data articles
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India's data centre capacity to double to 2,000 MW by 2026
India's data centre capacity is set to double to reach 2,000 MW by 2026, as the country transitions towards a developed market economy amid a rise in 'green energy' solutions, a report showed on Wednesday.The growth plans have also created substantial investment prospects, with a likely capex of ₹50,000 crore in this space over the next three years till 2026, according to the report by CareEdge Ratings.The data centre industry is expected to clock a revenue growth of 32% during FY24-FY26.While...
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Data scarcity a major hurdle in developing AI-based weather forecasting systems in India
The new technology can enhance the accuracy and reliability of predictions, but scientists are struggling to obtain robust datasets.
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India Ahoy! India as a software IPO destination
Last week, as I chatted with the founder of a fast-growing software startup, he dropped a bombshell. “I want to move our parent domicile from the US to India.”“Why?” I asked. “Your primary customers are in the US. You’re growing fast, with a clear line of sight to $100 million annualized revenue in three years or so. Why would you consider this?”Pat came the reply: “I don’t want to wait a decade or more to go public.”His response was not entirely a surprise though. Indian stock markets are...