Home Amazon India To Buy Land From Lodha For New Generative AI Data Centre

Amazon India To Buy Land From Lodha For New Generative AI Data Centre

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By Kapil Rajyaguru

Amazon India To Buy Land From Lodha For New Generative AI Data Centre.

Sources report that Amazon India is acquiring 40-45 acres of land in Palava, near Mumbai, from Macrotech Developers for ₹500-600 crore to establish a data center for Amazon Web Services’ generative AI applications.

This agreement should be finalized in the next months. After buying the site, the real estate business will develop the e-commerce giant’s data center. Amazon said last year that it will spend $12.7 billion in Indian data center infrastructure by the end of the decade.

BTC Miner CleanSpark Expands Operations In Mississippi.

Despite a drop in BTC mining profitability, public BTC block reward miner CleanSpark acquired two Mississippi mining sites. The miner revealed it bought the Clinton, Mississippi, property for $5.8 million.

Before year’s end, the business expects to finish the two. After completion, Bitmain’s S21 pro miners with 1 exahashes per second will operate on the sites.

Kraken Acquires Dutch Broker BCM As Part Of European Expansion.

Kraken made another smart purchase to expand across Europe. Crypto exchange closes purchase of Coin Meester (BCM), one of the Netherlands’ oldest crypto brokers.

After the purchase, Kraken has a VASP license in France and Poland and is extending its Dutch presence.

Celsius Token Surges 300% A Month After $2.5 bn Payment To Creditors.

After initiating a $2.5 billion payback arrangement for over 250,000 debtors, Celsius Network’s native token rose over 300% a month.

A court statement on Aug. 26 indicated the insolvent digital asset lender compensated 251,000 creditors $2.53 billion. Celsius (CEL) traded at $0.16 on CoinMarketCap. On Sept. 23, the token reached $0.65, up 300% from Aug. 26.

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