December 6, 2025

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CloudExtel raises Rs 200 crore in debt to scale AI-ready digital infrastructure, metro fibre network

CloudExtel raises Rs 200 crore in debt to scale AI-ready digital infrastructure, metro fibre network

KhabriZone03 mins

Synopsis Digital infrastructure provider CloudExtel has secured Rs 200 crore in debt from a private sector bank, alongside follow-on equity from existing shareholders. The capital will primarily fund a new Data Centre Interconnect (DCI) network, starting in Mumbai and expanding to other major cities. ETtech Digital infrastructure provider CloudExtel on Thursday said it has raised

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OpenAI’s Strategic Move: Acquiring Statsig and Appointing a New CTO

KhabriZone02 mins

Introduction to OpenAI’s Acquisition In a significant strategic move, OpenAI announced the acquisition of product testing startup Statsig in an all-stock deal valued at an impressive $1.1 billion. This acquisition marks a noteworthy evolution in OpenAI’s product development strategy, aiming to enhance the capabilities of its machine learning models. The Role of Statsig in OpenAI’s…

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