Blackstone-backed AirTrunk plans $30bn India data centre push as the country becomes AI’s next construction site
Six weeks ago, AirTrunk did not operate in India. Now it wants to spend $30 billion there. The Blackstone-backed hyperscale data centre operator announced on Thursday that it plans to invest more than INR 3,000 billion ($30 billion) in India by 2030, building over 5 gigawatts of digital infrastructure capacity across multiple states and union […]<br /> This story continues at The Next Web [...]
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AirTrunk acquires Lumina CloudInfra to enter India with 600MW of planned capacity
The deal is an internal Blackstone consolidation, both AirTrunk (acquired for A$24 billion in 2024) and Lumina CloudInfra (launched by Blackstone in 2022) sit within the same portfolio. By folding Lum [...]
Blackstone’s AirTrunk seeks $3bn loan for one Sydney data centre
AirTrunk wants to borrow A$4.3bn, roughly $3bn, to build a single data centre in Sydney. The Blackstone-owned operator is in talks with banks to fund SYD3, a hyperscale facility of more than 400 megaw [...]
Nvidia-backed Firmus targets $2bn ASX IPO after locking in $505m equity and $10bn Blackstone debt for its AI factory network
In short: Australian AI data centre company Firmus has raised $505m at a $5.5bn valuation in what it says is its final pre-IPO round, and is now targeting a $2bn listing on the ASX in June or July, b [...]
India is reportedly considering another draconian smartphone surveillance plan
You know what they say: If at first you don't succeed at mass government surveillance, try, try again. Only two days after India backpedaled on its plan to force smartphone makers to preinstall a [...]
Apple is reportedly manufacturing all four iPhone 17 models in India
Apple is shifting more iPhone production to India ahead of next month’s iPhone 17 launch, Bloomberg reports. The company will build all four iPhone 17 models there, and for the first time US-bound s [...]
India will no longer require smartphone makers to preinstall its state-run 'cybersecurity' app
India will no longer require smartphone makers to preinstall the Sanchar Saathi "security" app. After blowback from Apple, Samsung and opposition leaders, the Modi government issued a statem [...]
Bill Gates-backed TerraPower begins nuclear reactor construction
The Nuclear Regulatory Commission has granted approval to TerraPower to begin construction of a reactor in Wyoming. The project is the first new US commercial nuclear reactor in about a decade, accord [...]