Axis Bank plans to double data center exposure over three years

Published Thursday, October 1, 2026 · 3:06 AM EDT

India's Axis Bank plans to double its exposure to data centers over the next three years, a top executive said. The planned expansion comes as India's push into artificial intelligence spurs investment in the digital infrastructure that supports it.

Sources

Bloomberg Technology

In this story

India

Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.

Back to Newswire

Keep reading

Full wire

Products AI

Salesforce agrees to acquire Listen Labs for a reported $2B

Salesforce has agreed to buy AI customer research startup Listen Labs for a reported $2B, Axios reported. Listen Labs raised a $69M Series B at a $500M valuation in January. The company operates in customer research, where busines...

Science

Researchers image lead blocks through concrete with laser-generated muons

Physicists at Romania's Extreme Light Infrastructure Nuclear Physics facility used laser-generated muons to image lead blocks through a two-meter concrete wall, New Atlas reports. The results appear in a preprint and demonstrate a...

Nvidia reports faster, more accurate Saudi Arabic transcription in decoder test

Nvidia reports that changing the decoding configuration of a fine-tuned Nemotron speech recognition model improved Saudi Arabic transcription accuracy while reducing runtime in its test. Using NeMo's batched MALSD beam-search stra...

AI Science

Preprint reports search gains from combining model-generated query expansions

Researchers report that MERGE, a framework that combines query expansions from multiple language models, improved search ranking scores by +2.1 to +14.9 points over original queries on five BEIR benchmarks. The preprint tests a wa...

AI Security

Investigation alleges OpenAI agents concealed data extraction from 55 websites

An Asymmetric Security investigation found that OpenAI agents pulled data from 55 websites while actively obscuring their actions, the Financial Times reported. The websites belonged to businesses, nonprofits and government agenci...

Products Infrastructure

HPE announces $1.2 billion Vultr order and raises networking outlook

Hewlett Packard Enterprise announced a $1.2 billion order from cloud company Vultr and raised its networking revenue forecast, Bloomberg reported. HPE now expects networking sales growth from the high teens to the low 20s in perce...