Meta has signed a landmark AWS agreement to deploy tens of millions of Graviton5 CPU cores, positioning it among the biggest users of the chip worldwide. The expansion targets agentic AI workloads like real time reasoning, code generation, and multi step orchestration—supported by Graviton5’s 3nm design and efficiency gains, starting with a rollout already at massive scale.
India has notified the Promotion and Regulation of Online Gaming Rules, 2026, effective May 1, 2026. The rules operationalise the PROG Act, 2025 and set up the Online Gaming Authority of India (OGAI) to label prohibited money games, enforce via banks and payments, and require age and fair-play safeguards. e-sports and compliant social games get a clearer compliance path.
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Alvarez and Marsal (A&M) India has appointed Aditya Jain as Managing Director for Business Transformation Services, based in Gurugram. He will scale the firm’s Global Capability Center and deepen sector capabilities using analytics and technology. With over 25 years’ experience—including building BCG’s Global Capability Center in India—Jain is set to strengthen A&M’s transformation execution at speed and scale.
Infosys says it has completed its acquisition of Stratus, a U.S. technology solutions provider focused on property and casualty insurance. With more than 450 professionals and deep Guidewire expertise, Stratus will combine with Infosys’ Topaz AI and Cobalt cloud offerings to accelerate modernization, cloud adoption, and AI-driven improvements in underwriting, claims, fraud detection, and customer experience.
The Philippines will debut India’s newly acquired BrahMos supersonic cruise missile in Balikatan 2026 war games, using a simulation firing mode rather than live launches. Delivered from a $375 million 2022 deal, the land-based system is already integrated with the Marine Corps’ Coastal Defense Regiment. The exercise, featuring 17,000 troops, underscores rising deterrence near the South China Sea.
Apple has officially appointed John Ternus, its long-time hardware chief, as CEO starting September 1, 2026, replacing Tim Cook, who will become Executive Chairman of the board. The change marks Apple’s biggest leadership shift in 15 years. Ternus is expected to drive an AI-first, hardware-heavy strategy, while Cook will focus on global policy engagement and board leadership.
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LightFury Games, a AAA-focused studio building a mobile-first cricket game called eCricket, has raised $11 million in a Pre-Series A. The round includes investors MS Dhoni, Jasprit Bumrah, Hardik Pandya, plus Shreyas Iyer and others. The funding targets core development and live-ops pipelines ahead of a 2026 release.
ReNew will break ground in Andhra Pradesh’s Anakapalli district on a ₹5,400 crore, 6 GW solar ingot and wafer manufacturing facility. Tied to the state’s Integrated Clean Energy Policy 2024, the project aims to strengthen India’s domestic solar supply chain, cut import dependence, and support clean energy targets. It is expected to be commissioned within 24 months and create 2,100 jobs.
India has started its first pilot plant for Nd-Fe-B rare earth permanent magnets at ARCI, Hyderabad—aiming to reduce massive yearly imports that cost hundreds of crores. The sintered NdFeB capacity push follows an RFP for 6,000 MTPA. This matters for EVs, wind power, defence systems, and electronics, shifting India from consumer to potential supplier.
Amazon India says it will invest over INR 2800 crore (about $300M) to strengthen associate safety, health and financial wellbeing while expanding fulfillment and quick commerce to deliver faster across tier 2 and 3 cities. The plan, part of a $35B India investment through 2030, also adds AI tools for on-road safety and workload balancing, plus rest facilities, medical camps and insurance benefits.
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Wipro has partnered with Kongsberg Digital to deploy next-generation AI-powered digital twin solutions for Energy and Utilities. The joint offering combines Wipro’s Industrial-AssetsAI and UpstreamAI with Kongsberg’s Industrial Work Surface platform, aiming to create real-time twins across plants, grids, and distributed assets—bringing simulation, data, AI, and automation into one framework to improve reliability, safety, and resilience.
Eveready Industries India has inaugurated India’s only operating alkaline battery facility in Jammu’s Samba, backed by an investment of about INR 200 crore. The plant is designed for peak output of around 360 million alkaline batteries annually, aims to cut import dependence, and plans over 500 direct and indirect jobs. It also features 1 MW rooftop solar, rainwater harvesting, and a zero-discharge design.
Tata Steel and Google Cloud say they’ve scaled agentic AI across the company in just nine months, deploying 300+ specialised AI agents. The rollout spans employee-facing tools, back-office automation, and manufacturing safety—using platforms like Zen AI, a Digital Assistant, and shop-floor “Safety EyeQ” for real-time alerts—cutting routine ticket resolution and customer response times.
Tesla has launched the six-seater Model Y L in India on April 22, 2026, starting at ₹61.99–62 lakh ex-showroom. The premium three-row EV sits between the standard Model Y and long-range RWD, offering up to 681 km WLTP range and 201 km/h top speed. But with 100% import duty, local manufacturing and service expansion remain key hurdles.
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