Latest AI News

Tower Semiconductor reported strong Q2 2025 results with revenues of $372 million (up 6% year-over-year) and net profit of $47 million. The company forecasts Q3 revenues of $395 million (±5%), exceeding analyst expectations, with a projected additional $40 million increase for Q4. CEO Russell Ellwanger credited growth to strategic factory repurposing for RF infrastructure and increasing demand from data centers and AI applications. Recent investments include $500 million in its Agrate fab and $300 million in New Mexico, targeting silicon photonics and germanium markets. Analysts view Tower's disciplined operations and strong position in the analog IC market favorably amid industry tailwinds.

Google has agreed to limit AI data center power usage during peak demand times following regulatory concerns about grid strain. This comes as AI systems like ChatGPT drive dramatic increases in energy consumption—Goldman Sachs predicts a 50% rise in global data center energy needs by 2027. Despite Google's data center energy use growing 27% in one year, the company has implemented efficiency measures including advanced TPU hardware and increased renewable energy purchases. The agreement establishes a precedent for balancing AI innovation with infrastructure and environmental priorities.

Bharti Airtel's digital division Xtelify has launched two major offerings: Airtel Cloud, a sovereign cloud platform for Indian enterprises, and an AI software suite for global telecom companies. Airtel Cloud was initially developed for Airtel's own operations and now provides IaaS and PaaS services, promising up to 40% cost savings with no vendor lock-ins. The AI platform helps telecoms reduce complexity, improve customer experience, and increase revenue. Xtelify has already secured partnerships with Singtel, Globe Telecom, and Airtel Africa. These initiatives position Airtel as a digital technology leader offering sovereign alternatives to hyperscale cloud providers.

Bharti Airtel's digital arm Xtelify launched Airtel Cloud, a sovereign cloud platform built entirely in India for high-performance needs. The platform features next-generation sustainable data centers, GenAI-powered provisioning, and offers IaaS and PaaS services with secure migration capabilities. It can handle 140 crore transactions per minute while maintaining all data control within India. Alongside the cloud platform, Xtelify introduced an AI-powered software stack for telecom operators, with global partnerships already established with Singtel and Globe. This strategic move transforms Airtel from a traditional telecom operator to a digital technology leader, addressing growing concerns about data sovereignty and regulatory compliance while challenging global cloud providers.