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Artificial Intelligence

Meta to Build $9 Billion AI Data Centre in Canada, Strengthening Global Artificial Intelligence Infrastructure

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A rendering of Meta’s new 1GW, AI-optimized data center in Alberta, Canada.

Alberta, Canada: Meta has announced plans to invest approximately $9 billion in its first-ever data centre in Canada, marking a significant milestone in the company’s global artificial intelligence (AI) infrastructure expansion strategy. The new 1-gigawatt (GW) facility will be located in Sturgeon County, Alberta, and is expected to take two to three years to complete. … Read more

NVIDIA Chip Rival SambaNova Raises $1 Billion At $11 Billion Valuation

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SambaNova

Paris: AI chip startup SambaNova Systems has secured $1 billion in Series F funding, valuing the company at $11 billion, as it looks to strengthen its position in the rapidly expanding artificial intelligence semiconductor market. The funding announcement was made during the Raise Summit in Paris, reinforcing growing investor interest in companies developing alternatives to … Read more

Accenture Wins €200 Million NATO Contract to Build Secure Cloud Infrastructure with Leonardo

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NATO Announces Major Contract with Accenture

Ankara, Turkey: Global consulting and technology services leader Accenture has secured a multi-million euro contract worth approximately €200 million from the NATO Communications and Information Agency (NCIA) to modernize the alliance’s digital infrastructure. The project, to be delivered in collaboration with Leonardo, will span the next seven years and support NATO’s transition to a secure, … Read more

UST partners Anthropic to train 20,000 staff on Claude

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Manu Gopinath, President, UST.

Mumbai: Digital transformation and AI solutions company UST has announced a strategic alliance with Anthropic, the company behind the Claude family of AI models, to help Global 1000 enterprises accelerate enterprise-wide AI adoption. As part of the collaboration, UST will integrate Claude across its engineering platforms, enterprise solutions, consulting services, and internal operations while training … Read more

78% of Singapore IT Leaders Say Weak Data Infrastructure Is Slowing AI Adoption, Confluent Report Finds

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78% of Singapore IT Leaders Say Weak Data Infrastructure

A new global survey is putting numbers to a problem many enterprise IT teams have felt for a while: companies are racing to deploy AI faster than their data infrastructure can actually support it. According to Confluent’s 2026 Data Streaming Report, which surveyed 4,625 IT leaders across 14 countries including India and Singapore, 78% of … Read more

Physical AI Startup Mowito Raises $3 Million in Pre-Seed Funding to Expand AI-Powered Industrial Robotics

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Mowito Founder

Bengaluru: Physical AI startup Mowito has secured $3 million in a pre-seed funding round to expand its AI-powered industrial robotics platform and strengthen its global presence. The investment round was led by Version One Ventures, with participation from All In Capital, Unisol, iSeed, and a group of prominent angel investors. The angel investors include Soumith … Read more

DXC Technology Opens AI-First Customer Experience Center in Bengaluru to Drive Enterprise AI Innovation

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DXC Technology

Bengaluru: Global technology services leader DXC Technology (NYSE: DXC) has inaugurated a new AI-first Customer Experience Center in Bengaluru, strengthening its commitment to helping enterprises accelerate AI adoption and digital transformation. The facility, one of DXC’s largest global delivery hubs, is designed to enable organizations to move from AI experimentation to large-scale deployment while expanding … Read more

ChatGPT Down Today: OpenAI Investigates Image Generation Outage Affecting Users Worldwide

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Chatgpt

Dubai: Thousands of users across multiple regions experienced service disruptions on ChatGPT on Tuesday after OpenAI confirmed an outage affecting several of its AI-powered services. The issue primarily impacted image generation, while some users also reported problems accessing older conversations, Custom GPTs, Codex, and workspace-related features. The disruption triggered a spike in user complaints on … Read more

Capillary Technologies Discloses €3 Million Deepfake Banking Fraud at Overseas Subsidiary

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capillary-technologies

New Delhi: Customer loyalty and engagement platform Capillary Technologies has disclosed that one of its recently acquired overseas step-down subsidiaries was targeted in a sophisticated cyber-enabled banking fraud involving advanced deepfake technology. The incident resulted in the fraudulent transfer of approximately €3 million (around ₹32.7 crore) to unauthorized third-party bank accounts. The Bengaluru-based company informed … Read more

NVIDIA Launches Revenue-Sharing Model to Expand AI Cloud Infrastructure and Accelerate Enterprise AI Adoption

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Nvidia

New Delhi: NVIDIA has introduced a new revenue-sharing and credit-support business model aimed at expanding access to large-scale AI computing infrastructure for startups, enterprises, AI model developers, research organizations, and regional cloud providers. The initiative reflects the rapidly evolving AI landscape, where demand is shifting from training large language models to running production-scale AI inference … Read more

ServiceNow Acquires Israeli AI Startup ai.work in Multi-Million Dollar Deal

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Servicenow

Enterprise software company ServiceNow has acquired Israeli AI startup ai.work as part of its ongoing expansion in Israel and broader strategy to strengthen its artificial intelligence capabilities. While the companies have not officially disclosed the financial terms, the transaction is reportedly valued at tens of millions of dollars. The acquisition reinforces ServiceNow’s focus on building … Read more

Amity Robotics Raises $7 Million Seed Funding to Expand AI-Powered Service Robots Across Global Markets

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Amity Robotics

New Delhi: Thailand-based Amity Robotics, a startup developing AI-powered robots for customer-facing real-world applications, has raised US$7 million in a seed funding round through a combination of equity and debt financing. The fresh capital will support product innovation, international expansion and the commercial launch of the company’s first mobile robot, ARC Move. The funding round … Read more

Cursor Launches Native iOS App in Public Beta, Bringing AI Coding Agents to iPhone

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Cursor

New Delhi: AI-powered code editor Cursor has launched its native iOS application in public beta, enabling developers to manage AI coding agents, review code changes and monitor software development projects directly from their iPhones. The launch represents a significant expansion of AI-assisted software development beyond the desktop, giving developers the ability to collaborate with AI … Read more

Singapore AI Startup Samepage Raises $4.85 Million to Expand Product Intelligence Platform

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Samepage

Singapore-based AI startup Samepage has raised US$4.85 million in a funding round led by Craft Ventures, Freestyle VC, and Glasswing Ventures, as the company looks to accelerate the development of its AI-powered product management platform and expand adoption of its flagship solution, Samepage Signals. The round also attracted several prominent angel investors, including Justin Kan, … Read more

Uber India President Prabhjeet Singh Steps Down After Nearly 11 Years; Reportedly Set to Join OpenAI India

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Prabhjeet Singh

Uber India and South Asia President Prabhjeet Singh has stepped down after nearly 11 years with the global ride-hailing company, marking the end of a leadership tenure that oversaw the company’s expansion across mobility, multimodal transportation, and digital public infrastructure initiatives in the region. The development was confirmed by an Uber spokesperson, who acknowledged Singh’s … Read more

AI Coding Costs Could Overtake Developer Salaries by 2028—Here’s Why It Matters

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AI Coding Cost

There’s an uncomfortable conversation happening in the war rooms of enterprise IT right now, and it goes something like this: we invested in AI to reduce costs, so why is the invoice getting larger? A new Gartner prediction, published June 2026, puts a hard date on what many engineering leaders already quietly suspect. By 2028, … Read more

Zave Raises ₹4.7 Crore to Scale AI Shopping Assistant, Strengthen Product and Platform Capabilities

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Zave

Bengaluru: AI-powered shopping assistant startup Zave has secured ₹4.7 crore in a bridge funding round led by Inflection Point Ventures (IPV), with participation from Mucker Capital. The fresh capital will help the startup enhance its artificial intelligence capabilities, strengthen platform infrastructure, and accelerate product development as it prepares for its next phase of growth. The … Read more

Amazon to Invest $48 Billion in India by 2030, Expands AI Infrastructure and Quick Commerce Ambitions

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AMAZON with PM Modi

New Delhi: Amazon has announced plans to invest $48 billion in India between 2026 and 2030, reinforcing its long-term commitment to one of the world’s fastest-growing digital economies. The investment follows a meeting between Amazon President and CEO Andy Jassy and Prime Minister Narendra Modi, highlighting the company’s expanding focus on artificial intelligence (AI), cloud … Read more

NTT DATA Partners with Cursor to Accelerate Enterprise AI Modernization and Strengthen AI Governance

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NTT Data

As enterprises accelerate investments in artificial intelligence, organizations are increasingly looking for ways to modernize legacy applications while maintaining security, governance, and operational control. In a significant move aimed at transforming enterprise software engineering, NTT DATA has announced a strategic partnership with Cursor, one of the world’s leading multi-model AI coding platforms. Under the partnership, … Read more

Maharashtra CM Devendra Fadnavis Meets Amazon CEO Andy Jassy, Invites Fresh Investment in Data Centres and Healthcare

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Devendra Fadnavis

Maharashtra Chief Minister Devendra Fadnavis met Amazon CEO Andy Jassy in Mumbai on Wednesday, June 24, 2026, in a high-profile meeting that underscored the state’s ambition to remain India’s leading destination for technology and cloud infrastructure investment. The meeting, held during Jassy’s first visit to India since taking over as Amazon’s chief executive from founder … Read more