AI Monitor: India’s Leading IT Companies Invest $4.5 Billion in AI Acquisitions

AI Monitor: India's Leading IT Companies Invest $4.5 Billion in AI Acquisitions

Apple is contesting the Competition Commission of India’s inquiry into its App Store, claiming the regulator replicated the allegations of competitors without thorough examination prior to a hearing set for July 21. WhatsApp plans to roll out usernames, allowing users to communicate without disclosing their phone numbers. Major IT companies in India are ramping up AI-oriented acquisitions, while Alphabet has joined the Dow despite concerns surrounding AI. Apple is expediting security updates, and Ford has brought back engineers after increasingly depending on AI for quality control.

By CNBCTV18June 30, 2026, 9:43:30 AM IST (Updated)
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