AI Update: OpenAI seeks $10 billion funding; Meta faces $375 million fine
Global AI developments are accelerating with significant investments, legal hurdles, and strategic realignments. OpenAI plans to secure an…
Consortium led by tech entrepreneur Kal Somani to purchase Rajasthan Royals for $1.63 billion
The deal is anticipated to be finalised in the upcoming days and will take effect following the 2026 IPL season. Currently, British-Indian…
Rajasthan Royals Receive $1.3 Billion Proposal Amid IPL Dominance Evaluation
The owner of the Rajasthan Royals has invited four bidders to move forward in the auction for the Indian Premier League cricket team,…
SoftBank Negotiating to Increase Investment in OpenAI by Up to $30 Billion
SoftBank Group Corp. is reportedly in discussions to potentially invest an additional $30 billion in OpenAI, according to a source familiar…
EU Duty-Free Access Could Open $263 Billion Market for Indian Textiles, Says Commerce Ministry
India’s textile exports to the European Union are set for a significant enhancement as the sector will gain duty-free access within the…
China Sees Historic $40 Billion Fund Outflow in a Week as Investors Flock to Gold: EPFR
Investors withdrew a staggering $40 billion from funds focused on China within a single week, with significant capital flowing into…
USA Rare Earth Secures $1.6 Billion Investment to Enhance Mining and Magnet Production in Oklahoma and Texas, Countering China’s Dominance in Critical Minerals
The United States is acquiring a minority interest in a rare earth mining company in Oklahoma, marking the latest governmental investment…
Fadnavis Unveils ‘Innovation City’ Project Near Mumbai, Backed by Tata Sons’ $11 Billion Investment
Maharashtra Chief Minister Devendra Fadnavis announced the creation of an ‘Innovation City’ close to the Navi Mumbai Airport on…
Davos 2026: India’s AI Infrastructure Investments Could Exceed $150 Billion by 2026
Leading the Indian delegation in the Alpine town of Davos, India’s Minister of IT, Rail and Information and Broadcasting, Ashwini…
AM Group and Uttar Pradesh Forge Agreement at Davos for AI Hub, Targeting $25 Billion Investment by 2030
On Tuesday, AM Group signed a Memorandum of Understanding with Invest UP, part of the Government of Uttar Pradesh, to establish a 1-GW High…