PowerUp Money raises $10 million led by Flourish Ventures to expand AI-powered wealth management, investment advisory services and products beyond mutual funds.
OpenAI signs four UAE agreements covering energy, investment and government AI adoption as Sam Altman visits Abu Dhabi and meets Crown Prince Sheikh Khaled.
OpenAI reportedly secures $11 billion against its initial $30 billion funding target, reducing its goal to $20 billion at a $1.25 trillion valuation.
Sarvam accounts for 87% of India's $399 million Indic AI funding in 2026, according to Tracxn, highlighting investment concentration in language-focused AI startups.
SoftBank's Masayoshi Son plans a $50 billion investment in Malaysia's AI, technology and data centre sectors, according to Prime Minister Anwar Ibrahim.
Apollo economist Torsten Slok says AI has yet to deliver measurable financial gains outside big tech, with revenue per worker and profit margins flat across the S&P 493.
Blackstone's Jas Khaira downplays AI debt crisis fears despite rising borrowing costs, citing Big Tech demand and continued investment in AI infrastructure.
DeepSeek reportedly secures nearly $15 billion in funding backed by Tencent and CATL as the Chinese AI startup expands its capabilities ahead of a potential IPO.
Gartner warns that over $3.5 trillion in AI infrastructure spending could face impairment risks by 2030, with revenue unlikely to support planned investments.
Paytm founder Vijay Shekhar Sharma offers Rs 1-2 crore from personal funds to Indian founders developing AI models, encouraging domestic AI innovation.
India has entered the global top 10 for AI readiness, with the World Bank citing its technical talent, digital infrastructure and rising private AI investment.
LinkedIn co-founder Reid Hoffman says the AI data centre investment boom is supporting the US economy and helping keep it out of recession.
OpenAI is reportedly seeking at least $30 billion in fresh funding at a valuation of around $1.4 trillion after pushing back its plans for a public listing.
Global AI infrastructure investment could reach $31.6 trillion by 2050 as spending on data centres, chips and computing capacity accelerates, PwC projects.
Nvidia is reportedly in talks to invest in Perplexity through a funding round that could value the AI search and agent startup at more than $30 billion.
Nvidia is reportedly in talks to invest in Perplexity through a new funding round that could value Aravind Srinivas’ AI search startup at more than $30 billion.
Andhra Pradesh has approved a Rs 31,387 crore, 512 MW green AI data centre in Visakhapatnam, expected to create up to 1,000 jobs.
Lovable has raised $400 million at a $13.3 billion valuation as the Swedish AI startup sees rapid growth in its vibe coding platform.
Accel has raised $550 million for its ninth India fund, maintaining its early-stage strategy as AI, deeptech and advanced manufacturing gain investment focus.
NVIDIA has partnered with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to mobilise over $500 billion for AI infrastructure.
Former Swiggy and Zomato executives have launched enterprise AI startup Profound, securing $15 million in seed funding to build AI-powered business automation tools.
HCLTech will invest ₹14,257 crore to establish its first AI Data Center in Odisha with Sarvam, strengthening India's sovereign AI and digital infrastructure.
FireAI has secured ₹2.5 crore from SucSEED Indovation Fund to expand enterprise sales, accelerate AI R&D and strengthen its causal decision intelligence platform.
Alphabet's upcoming earnings will be closely watched for updates on AI spending, Google Cloud growth, Search performance and the returns from its AI investments.
Jharkhand has unveiled its Draft AI Policy 2026, outlining plans to strengthen AI driven governance, digital infrastructure, startups, skills and technology investment.
Microsoft has cut 4,800 jobs as it restructures operations while continuing significant investments in AI infrastructure, cloud services and business transformation.
SAP is restricting hiring and internal travel while redirecting resources toward artificial intelligence as it strengthens its enterprise AI strategy.
Blockmate has launched a funding round to advance its Wyoming AI data centre opportunity amid rising demand for AI computing infrastructure.
Meta is reportedly moving to unwind its $2 billion Manus deal after regulatory concerns in China, highlighting growing geopolitical challenges in AI investments.
Richard Roth’s Media has secured approval for a $52 million investment to expand its AI-powered marketing systems and strengthen data-driven advertising capabilities.
Chinese AI startup Moonshot AI is reportedly seeking fresh funding at a $30 billion valuation, highlighting continued investor appetite for generative AI companies.
Foreign investors withdrew nearly ₹43,000 crore from Indian equities in June as global capital shifted toward AI infrastructure and technology-led opportunities.
Comviva’s Global CMO Survey reveals that while 90% of organizations increased AI marketing investments, only 12% can demonstrate measurable business impact.
OpenAI plans to establish its first overseas applied AI lab in Singapore with a reported $300 million investment.
Amazon is continuing layoffs while expanding AI investments and strengthening its technology and business operations in India.
Satya Nadella says Microsoft had a $25 billion contingency plan ready after Sam Altman’s brief removal from OpenAI in 2023.
HCLTech is reportedly set to lead Sarvam AI’s $300 million funding round at a valuation of around $1.5 billion.
Anthropic is reportedly in talks to raise $30 billion in fresh funding at a valuation of nearly $900 billion amid strong AI investor demand.
OpenAI has reportedly allowed employees to cash out shares worth up to $30 million each as the company’s valuation reaches $400 billion.
Major tech companies are cutting over 20,000 jobs as AI investments reshape business priorities and workforce strategies.
Meta plans to cut 10% of its workforce, impacting around 8,000 employees as part of restructuring efforts.
Uttar Pradesh cancels ₹25,000 crore MoU with Puch AI, signalling a setback for large-scale AI investment plans in the state.
SoftBank is reportedly exploring a $40 billion loan to expand its investment in OpenAI as competition intensifies in the global artificial intelligence industry.
Hyundai Motor Group will invest $63 billion in South Korea to expand AI, robotics and smart manufacturing capabilities.
Google CEO Sundar Pichai underscores strategic AI investments and long-term growth potential as the company expands infrastructure and partnerships in India and globally.
Amazon is reportedly in talks to invest up to $50 billion in OpenAI, underscoring the scale of capital being deployed as competition for AI leadership intensifies.
Microsoft strengthens its India strategy with expanded AI and data center investments, increased hiring, and large scale workforce upskilling initiatives across sectors.
HP plans workforce reduction of up to 6,000 jobs through 2028 while ramping up investment in AI-driven products and restructuring operations.
Microsoft to invest $15.2 billion in UAE to build AI infrastructure, boost cloud capacity, and expand regional innovation partnerships.
OpenAI projects 20 billion dollars in yearly revenue and plans 1.4 trillion dollars in global infrastructure spending to expand AI capabilities by 2033.
