According to reports, Microsoft will spend nearly $10 billion renting servers from AI startup CoreWeave between 2023 and 2030. This amount accounts for more than half of the total $17 billion contract signed between CoreWeave and its customers. Neither CoreWeave nor Microsoft responded immediately to requests for comment. Previously, it was reported that CoreWeave is preparing for an initial public offering (IPO) in 2025. The company recently secured a $650 million credit line from several investment banks.

In the global wave of AI, India, a tech powerhouse, is experiencing significant market opportunities. According to a report jointly released by the IT industry association Nasscom and consulting firm BCG, the AI market in India is expected to reach $17 billion by 2027. Against this backdrop, the startup Neysa, led by seasoned tech entrepreneur Sharad Sanghi, emerged with the aim of capturing this growth opportunity by providing AI solutions to local and multinational companies. This Mumbai-based startup focuses on...