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Zerodha Capital's FY25 net profit rises 78%, focus on scaling up credit play
Zerodha Capital's FY25 net profit rises 78%, focus on scaling up credit play

Time of India

time30-05-2025

  • Business
  • Time of India

Zerodha Capital's FY25 net profit rises 78%, focus on scaling up credit play

Zerodha Capital , the non-banking finance arm of stock broking major Zerodha, reported a net profit of Rs 12.5 crore and total revenue of Rs 36 crore in the fiscal year ended March 2025. While its revenue has more than doubled from around Rs 17 crore in FY2024, its net profit grew 78% from Rs 7.2 crore last year. Through Zerodha Capital, the stockbroker offers credit products , like loans against securities . Investments in stocks, exchange traded funds (ETFs) and mutual funds can be used as collateral for loans on the platform. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 reasons why AMD EPYC™ processors matter - Google Cloud: Future of Infrastructure CIO | Google Cloud, AMD Undo 'We have a bouquet of around 1,300 securities, and we offer loans to investors who have those securities,' said Abhilash SR, head, Zerodha Capital. 'We are growing this product carefully and in a steady manner,' he added. Zerodha's foray into the credit business comes at a time when rival Groww has scaled up its credit operations. The Peak XV Partners-backed startup offers consumer durable loans and personal loans. The company already had a loan book of Rs 965 crore in September 2024. Live Events Zerodha Capital, which has a net worth of Rs 175 crore, is currently offering loans with an average ticket size of Rs 6 lakh. The company has raised around Rs 250 crore from banks and other NBFCs, and is operating with a debt-to-equity ratio of 1.4. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories 'We will not get into unsecured lending, we will launch term loans in the next couple of months,' Abhilash told ET. Currently, the product is available only for Zerodha's clients, but the company is in the process of integrating its systems with mutual funds registrar, Cams , to start lending to other clients as well. Zerodha Capital's customers can borrow anywhere between Rs 25,000 and Rs 10 crore, and the NBFC allows a loan-to-value ratio of 45%. This means an investor can get loans worth Rs 45 for shares worth Rs 100. In November 2024, Nithin Kamath , chief executive officer, Zerodha, had told ET that Zerodha Capital was already disbursing around Rs 80 to 90 crore every month. The central bank had awarded the NBFC licence to Zerodha in 2021. The company only started scaling up its credit play from 2023 onwards.

MiTAC Computing Showcases Strategic AI and Cloud Infrastructure Partnership with AMD at COMPUTEX 2025
MiTAC Computing Showcases Strategic AI and Cloud Infrastructure Partnership with AMD at COMPUTEX 2025

Korea Herald

time23-05-2025

  • Business
  • Korea Herald

MiTAC Computing Showcases Strategic AI and Cloud Infrastructure Partnership with AMD at COMPUTEX 2025

TAIPEI, May 19, 2025 /PRNewswire/ -- MiTAC Computing Technology Corporation, a leading server platform designer and manufacturer and a subsidiary of MiTAC Holdings Corporation (TSE:3706), will spotlight its long-term collaboration with AMD at COMPUTEX 2025 (Booth M1110). The two companies will jointly present a broad portfolio of next-generation server platforms powered by AMD EPYC™ processors and AMD Instinct™ GPUs, highlighting their shared commitment to advancing scalable, energy-efficient infrastructure for AI, HPC, cloud-native, and enterprise environments. A Strategic Milestone: Over Two Decades of Innovation Since introducing its first AMD-based dual-socket server motherboard in 2002, MiTAC—through its TYAN brand—has cultivated a strong, enduring ecosystem partnership with AMD. This collaboration has enabled MiTAC to consistently deliver high-performance, AMD-powered platforms that meet the evolving demands of modern data centers. "At MiTAC Computing, we are proud to extend our partnership with AMD as we continue developing advanced, scalable, and energy-efficient server platforms," said Rick Hwang, President of MiTAC Computing Technology Corp. "By integrating AMD's latest EPYC™ 9005 and 4005 series processors, AMD Instinct™ MI325X GPUs, and the upcoming MI350 series GPUs and platforms, we're enabling our global customers to unlock new capabilities in AI infrastructure and high-performance computing." AI & HPC Innovation: Built to Accelerate MiTAC G8825Z5 An 8U powerhouse optimized for intensive AI and HPC use cases. Featuring dual AMD EPYC™ 9005 Series processors and support for up to 8 AMD Instinct™ MI325X GPUs, it offers massive compute density and up to 6TB of DDR5-6400 memory, ideal for large-scale AI model training and scientific computing. TYAN TN85-B8261 A 2U dual-socket GPU server supporting up to four dual-slot GPUs. Equipped with 24 DDR5-6400 RDIMM slots and tool-less NVMe storage carriers, it delivers high-speed throughput and flexibility for deep learning and HPC environments. MiTAC C2820Z5 An OCP-powered direct liquid-cooled, high-density 2OU 4-node platform tailored for energy-efficient HPC workloads. Powered by dual AMD EPYC™ 9005 processors, it offers enhanced thermal performance and scalability, ideal for next-gen AI clusters. Cloud-Ready Infrastructure: Optimized for Scale-Out MiTAC M2810Z5 A 2U 4-node single-socket server built for high-density cloud computing. Each node supports up to 3TB DDR5-6400 memory and four E1.S drives, enabling fast, scalable deployments in hyperscale environments. TYAN HG68-B8016 A 6U multi-node platform designed for cloud gaming and compute-heavy workloads. It includes five single-socket nodes using AMD EPYC™ 4005 Series processors, each with DDR5-5600 memory and NVMe storage, maximizing efficiency for cloud-native operations. Enterprise-Grade Platforms: High IOPS, Scalable Storage MiTAC TS70A-B8056 A 2U single-socket server built for enterprise storage and virtualization. Supporting up to 26 NVMe U.2 drive bays, 24 DDR5-5200 DIMM slots, and dual PCIe 5.0 expansion slots, it's ideal for data-intensive workloads like software-defined storage and database acceleration. One MiTAC Strategy: End-to-End Solutions MiTAC Computing's integrated "One MiTAC" strategy unites its server hardware expertise with MiTAC Information Technology's software integration capabilities. By combining AMD's CPU and GPU platforms with MiTAC's full-stack design and deployment capabilities, the companies jointly deliver complete AI and data center solutions across government, transportation, finance, and hyperscale industries. Whether it's overcoming challenges in AI cluster deployment or supporting mission-critical enterprise systems, MiTAC Computing and AMD are enabling customers to scale efficiently and innovate faster. A Shared Vision for the Future Looking ahead, MiTAC Computing and AMD are focused on driving further innovation in AI infrastructure, HPC cluster scaling, cloud-native system design, and energy-efficient computing. With upcoming support for AMD Instinct™ MI350 GPUs for liquid cooling, MiTAC Computing is preparing for the next wave of high-performance AI deployments. Visit MiTAC Computing at COMPUTEX 2025 – Booth M1110 Experience MiTAC Computing's full AMD-powered product lineup and talk with solution experts. Explore more: AMD, the AMD Arrow logo, AMD Instinct, EPYC and combinations thereof are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners. About MiTAC Computing Technology Corporation MiTAC Computing Technology Corp., a subsidiary of MiTAC Holdings, delivers comprehensive, energy-efficient server solutions backed by industry expertise dating back to the 1990s. Specializing in AI, HPC, cloud, and edge computing, MiTAC Computing employs rigorous methods to ensure uncompromising quality not just at the barebone level but more importantly, at the system and rack levels—where true performance and integration matter most. This commitment to quality at every level sets MiTAC Computing apart from others in the industry. The company provides tailored platforms for hyperscale data centers, HPC, and AI applications, guaranteeing optimal performance and scalability. With a global presence and end-to-end capabilities—from R&D and manufacturing to global support—MiTAC Computing offers flexible, high-quality solutions designed to meet unique business needs. Leveraging the latest advancements in AI and liquid cooling, along with the recent integration of Intel DSG and TYAN server products, MiTAC Computing stands out for its innovation, efficiency, and reliability, empowering businesses to tackle future challenges.

MiTAC Computing Showcases Strategic AI and Cloud Infrastructure Partnership with AMD at COMPUTEX 2025
MiTAC Computing Showcases Strategic AI and Cloud Infrastructure Partnership with AMD at COMPUTEX 2025

Cision Canada

time19-05-2025

  • Business
  • Cision Canada

MiTAC Computing Showcases Strategic AI and Cloud Infrastructure Partnership with AMD at COMPUTEX 2025

TAIPEI, May 18, 2025 /CNW/ -- MiTAC Computing Technology Corporation, a leading server platform designer and manufacturer and a subsidiary of MiTAC Holdings Corporation (TSE:3706), will spotlight its long-term collaboration with AMD at COMPUTEX 2025 (Booth M1110). The two companies will jointly present a broad portfolio of next-generation server platforms powered by AMD EPYC™ processors and AMD Instinct™ GPUs, highlighting their shared commitment to advancing scalable, energy-efficient infrastructure for AI, HPC, cloud-native, and enterprise environments. A Strategic Milestone: Over Two Decades of Innovation Since introducing its first AMD-based dual-socket server motherboard in 2002, MiTAC—through its TYAN brand—has cultivated a strong, enduring ecosystem partnership with AMD. This collaboration has enabled MiTAC to consistently deliver high-performance, AMD-powered platforms that meet the evolving demands of modern data centers. "At MiTAC Computing, we are proud to extend our partnership with AMD as we continue developing advanced, scalable, and energy-efficient server platforms," said Rick Hwang, President of MiTAC Computing Technology Corp. "By integrating AMD's latest EPYC™ 9005 and 4005 series processors, AMD Instinct™ MI325X GPUs, and the upcoming MI350 series GPUs and platforms, we're enabling our global customers to unlock new capabilities in AI infrastructure and high-performance computing." AI & HPC Innovation: Built to Accelerate MiTAC G8825Z5 An 8U powerhouse optimized for intensive AI and HPC use cases. Featuring dual AMD EPYC™ 9005 Series processors and support for up to 8 AMD Instinct™ MI325X GPUs, it offers massive compute density and up to 6TB of DDR5-6400 memory, ideal for large-scale AI model training and scientific computing. TYAN TN85-B8261 A 2U dual-socket GPU server supporting up to four dual-slot GPUs. Equipped with 24 DDR5-6400 RDIMM slots and tool-less NVMe storage carriers, it delivers high-speed throughput and flexibility for deep learning and HPC environments. MiTAC C2820Z5 An OCP-powered direct liquid-cooled, high-density 2OU 4-node platform tailored for energy-efficient HPC workloads. Powered by dual AMD EPYC™ 9005 processors, it offers enhanced thermal performance and scalability, ideal for next-gen AI clusters. Cloud-Ready Infrastructure: Optimized for Scale-Out MiTAC M2810Z5 A 2U 4-node single-socket server built for high-density cloud computing. Each node supports up to 3TB DDR5-6400 memory and four E1.S drives, enabling fast, scalable deployments in hyperscale environments. TYAN HG68-B8016 A 6U multi-node platform designed for cloud gaming and compute-heavy workloads. It includes five single-socket nodes using AMD EPYC™ 4005 Series processors, each with DDR5-5600 memory and NVMe storage, maximizing efficiency for cloud-native operations. Enterprise-Grade Platforms: High IOPS, Scalable Storage MiTAC TS70A-B8056 A 2U single-socket server built for enterprise storage and virtualization. Supporting up to 26 NVMe U.2 drive bays, 24 DDR5-5200 DIMM slots, and dual PCIe 5.0 expansion slots, it's ideal for data-intensive workloads like software-defined storage and database acceleration. One MiTAC Strategy: End-to-End Solutions MiTAC Computing's integrated "One MiTAC" strategy unites its server hardware expertise with MiTAC Information Technology's software integration capabilities. By combining AMD's CPU and GPU platforms with MiTAC's full-stack design and deployment capabilities, the companies jointly deliver complete AI and data center solutions across government, transportation, finance, and hyperscale industries. Whether it's overcoming challenges in AI cluster deployment or supporting mission-critical enterprise systems, MiTAC Computing and AMD are enabling customers to scale efficiently and innovate faster. A Shared Vision for the Future Looking ahead, MiTAC Computing and AMD are focused on driving further innovation in AI infrastructure, HPC cluster scaling, cloud-native system design, and energy-efficient computing. With upcoming support for AMD Instinct™ MI350 GPUs for liquid cooling, MiTAC Computing is preparing for the next wave of high-performance AI deployments. Visit MiTAC Computing at COMPUTEX 2025 – Booth M1110 Experience MiTAC Computing's full AMD-powered product lineup and talk with solution experts. Explore more: AMD, the AMD Arrow logo, AMD Instinct, EPYC and combinations thereof are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners. About MiTAC Computing Technology Corporation MiTAC Computing Technology Corp., a subsidiary of MiTAC Holdings, delivers comprehensive, energy-efficient server solutions backed by industry expertise dating back to the 1990s. Specializing in AI, HPC, cloud, and edge computing, MiTAC Computing employs rigorous methods to ensure uncompromising quality not just at the barebone level but more importantly, at the system and rack levels—where true performance and integration matter most. This commitment to quality at every level sets MiTAC Computing apart from others in the industry. The company provides tailored platforms for hyperscale data centers, HPC, and AI applications, guaranteeing optimal performance and scalability. With a global presence and end-to-end capabilities—from R&D and manufacturing to global support—MiTAC Computing offers flexible, high-quality solutions designed to meet unique business needs. Leveraging the latest advancements in AI and liquid cooling, along with the recent integration of Intel DSG and TYAN server products, MiTAC Computing stands out for its innovation, efficiency, and reliability, empowering businesses to tackle future challenges.

AMD and HUMAIN to Build $10B AI Network from Saudi Arabia
AMD and HUMAIN to Build $10B AI Network from Saudi Arabia

TECHx

time14-05-2025

  • Business
  • TECHx

AMD and HUMAIN to Build $10B AI Network from Saudi Arabia

Home » Top stories » AMD and HUMAIN to Build $10B AI Network from Saudi Arabia AMD and HUMAIN, a new AI enterprise based in Saudi Arabia, have announced a major partnership to build what they describe as the world's most open and scalable AI infrastructure. The project will be powered by a global network of AMD-based AI computing centers, with facilities extending from Saudi Arabia to the United States. According to the announcement, the two companies plan to invest up to $10 billion over the next five years. They aim to deploy 500 megawatts of AI compute capacity. The infrastructure will be designed to support AI workloads across enterprise, startup, and sovereign markets. AMD said the system would be open by design and accessible at scale. HUMAIN will oversee the complete delivery of the project. This includes hyperscale data centers, sustainable power systems, and global fiber connectivity. Meanwhile, AMD will provide its full range of AI compute products and the ROCm open software ecosystem. Dr. Lisa Su, Chair and CEO of AMD, stated that the investment marks a major step forward in global AI development. She added that AMD is working to enable the future of AI 'everywhere,' bringing open, high-performance computing to developers and enterprises worldwide. HUMAIN CEO Tareq Amin described the collaboration as a global invitation to AI innovators. He said the aim is to democratize AI access by removing infrastructure barriers. Initial deployments have already begun in select regions. The companies expect to reach multi-exaflop capacity by early 2026. This will be supported by next-generation AI silicon, modular data centers, and an open software platform. Key components of AMD's AI stack include: AMD Instinct™ GPUs for memory and inference performance AMD EPYC™ CPUs for compute density and efficiency AMD Pensando™ DPUs for secure, programmable networking AMD Ryzen™ AI for edge computing AMD ROCm ecosystem supporting major AI frameworks The deal is seen as a strategic move for Saudi Arabia, aligning with its national goals to become a global hub for AI innovation.

Korea Institute of Science and Technology Information Selects Hewlett Packard Enterprise to Build South Korea's Largest Supercomputer
Korea Institute of Science and Technology Information Selects Hewlett Packard Enterprise to Build South Korea's Largest Supercomputer

Business Wire

time14-05-2025

  • Business
  • Business Wire

Korea Institute of Science and Technology Information Selects Hewlett Packard Enterprise to Build South Korea's Largest Supercomputer

SINGAPORE--(BUSINESS WIRE)-- Hewlett Packard Enterprise (NYSE: HPE) today announced that it has been selected by the Korea Institute of Science and Technology Information (KISTI), a government-funded research institute, to build a more advanced and versatile computing architecture for its sixth national supercomputer, 'KISTI-6', which is expected to become the most powerful supercomputer in South Korea. The new supercomputer will feature a 100% fanless direct liquid cooling system architecture to deliver greater efficiency, sustainability, and density. KISTI has made its supercomputing services accessible to a variety of users for many years - including research institutions, universities, and commercial companies of all sizes. The new supercomputer will serve a wide range of demanding data-intensive research projects and form the backbone of artificial intelligence (AI) and simulation research and development in Korea. It is expected to reach a theoretical peak performance of 600 petaflops, more than half an exaflop. 'As the leader in supercomputing, having built many of the world's fastest and energy efficient systems for high performance computing (HPC) and AI, HPE is uniquely positioned to help organizations minimize power consumption while maximizing business outcomes,' said Joseph Yang, general manager, HPC and AI, APAC and India, Hewlett Packard Enterprise. 'We are proud to support this strategic initiative to strengthen Korea's capabilities in fundamental scientific research and advanced artificial intelligence, aligned with their broader mission to support national R&D advancement.' 'Our goal is to work with HPE, AMD and NVIDIA to cement Korea's position as a leading country for supercomputing and sovereign AI innovation,' said Sik Lee, President, Korea Institute of Science and Technology Information. 'We want to nurture experts in data utilization, high performance computing and AI technologies to help bolster our scientific and technological competitiveness. Making AI accessible and inclusive is critical to encouraging innovation across industries and enhancing societal impact.' KISTI-6 will be built on the HPE Cray Supercomputing EX4000 system with two partitions, one featuring NVIDIA GH200 Grace Hopper Superchips and another featuring 5th Gen AMD EPYC™ processors. The latest accelerators will process the large amounts of data required for AI training, inference, and simulation. HPE Slingshot interconnect 400, an exascale-capable interconnect, will deliver fast data transfers between the compute and storage units at 400 gigabits-per-second speeds and allows workloads and applications to scale across the entire system. 'Researchers, scientists and professionals across the globe are increasingly relying on advanced and complex AI and simulation capabilities to meet the growing demands of supercomputing,' said John Josephakis, Vice President of Supercomputing and HPC at NVIDIA. 'By collaborating with the Korea Institute of Science and Technology Information and HPE, we're expanding access to high-performance computing, empowering industries and teams to innovate faster and more efficiently.' 'Leveraging our experience powering the world's most advanced supercomputers, AMD is collaborating with HPE to deliver KISTI-6 using 5th Gen AMD EPYC™ processors – the industry's leading CPU for AI,' said Peter Chambers, Managing Director of Sales, APAC and Country Manager, Australia, AMD. 'With breakthrough performance and outstanding energy efficiency, we're enabling researchers to solve complex problems fast and efficiently.' With the increasing demand from data-intensive workloads, KISTI also selected HPE Cray Supercomputing Storage Systems E2000, integrating fast Non-Volatile Memory Express (NVMe) and high-capacity Near Line (NL)-SAS disks, alongside the HPE Data Management Framework (DMF), for efficient and scalable data management. The fully integrated solution, tailored to KISTI's complex research requirements, will be designed and delivered by HPE and located in a government datacenter, specially adapted for liquid-cooled systems. About Korea Institute of Science and Technology Information (KISTI) The Korea Institute of Science and Technology Information (KISTI) is a government-funded national research institute dedicated to advancing science and technology through cutting-edge expertise in high-performance computing (HPC), big data, and research information services. With over 60 years of experience, KISTI is leading innovation in national R&D by harnessing the power of AI and HPC in the era of the Intelligent Revolution. For more information, visit: About Hewlett Packard Enterprise Hewlett Packard Enterprise (NYSE: HPE) is a global technology leader focused on developing intelligent solutions that allow customers to capture, analyze, and act upon data seamlessly. The company innovates across networking, hybrid cloud, and AI to help customers develop new business models, engage in new ways, and increase operational performance. For more information, visit: AMD, the AMD logo, EPYC, and combinations thereof are trademarks of Advanced Micro Devices, Inc.

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