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L&T forms Vyoma.AI subsidiary to build sovereign AI cloud data centres for Indian enterprises

L&T forms Vyoma.AI subsidiary to build sovereign AI cloud data centres for Indian enterprises

Larsen & Toubro has incorporated wholly owned subsidiary Vyoma.AI to launch data centres and AI infrastructure, positioning it as a next-gen sovereign AI cloud. The company plans jurisdiction-first architecture so enterprise data, workloads and systems stay within approved Indian regulatory boundaries. Vyoma follows L&T’s NVIDIA partnership and its AI-first sovereign cloud platform launched earlier this year.

Summarised by Beize from a story on Inc42 on 24 Apr 2026
Nvidia Jensen Special Grant gives India staff bonuses worth up to ₹1 crore

Nvidia Jensen Special Grant gives India staff bonuses worth up to ₹1 crore

Nvidia has introduced the “Jensen Special Grant” for employees in India, adding an extra 25% to their initial restricted stock units. The benefit vests over four years, with the estimated value calculated in local currency and converted to US dollars using a ₹82.9 per dollar exchange rate.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Cursor eyes 2 billion funding and 50 billion valuation as AI race heats up

Cursor eyes 2 billion funding and 50 billion valuation as AI race heats up

AI coding startup Cursor is reportedly nearing a fresh funding round worth over $2 billion, potentially valuing it at around $50 billion. The deal is expected to be led by returning investors Thrive and Andreessen Horowitz, as the company seeks to expand its AI-powered coding tools. Nvidia may also participate, signaling heightened interest in developer-focused AI.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Firmus raises 505 million to build AI factories across Asia Pacific and Australia

Firmus raises 505 million to build AI factories across Asia Pacific and Australia

Australia’s Firmus has raised $505 million to scale its AI infrastructure platform across the Asia-Pacific region. The funding will also back Project Southgate, a plan to create a network of AI factories in Australia. Developed with Nvidia and CDC Data Centres, the initiative is projected to grow to as much as 1.6 gigawatts of capacity over the next three years.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Jensen Huang says he reviewed pay for 42000 Nvidia employees and increased OpEx

Jensen Huang says he reviewed pay for 42000 Nvidia employees and increased OpEx

Nvidia CEO Jensen Huang says he has reviewed pay for all 42,000 employees, emphasizing a people-first operating philosophy. In his account, he repeatedly increased operating expenses (OpEx) because caring for employees drives the rest of the results. The remarks spotlight how compensation and spending priorities are linked to company performance.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Elizabeth Warren questions Nvidia control after acquisition of SchedMD for US supercomputers

Elizabeth Warren questions Nvidia control after acquisition of SchedMD for US supercomputers

US Senator Elizabeth Warren has flagged concerns over Nvidia’s planned acquisition of SchedMD, warning it could give the company major control over software used by US government supercomputers. Warren wants details on how much federal systems depend on Nvidia-linked technology, saying the deal may raise national security risks and reshape competition in high-performance computing.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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AI founder chases an Nvidia dream with just 4 million dollars in the bank

AI founder chases an Nvidia dream with just 4 million dollars in the bank

An AI startup founder is betting big on an Nvidia-shaped roadmap, despite having only about $4 million in cash. The Ken story traces how the company’s strategy, hiring, and product timeline are being shaped by GPU economics and competition, and why the next milestone may determine whether the dream scales—or collapses quickly.

Summarised by Beize from a story on The Ken on 24 Apr 2026
BT and Nscale to build 14MW UK AI capacity with Nvidia backbone

BT and Nscale to build 14MW UK AI capacity with Nvidia backbone

BT Group is partnering with Nscale to develop up to 14MW of AI data centre capacity across three UK locations, powered by Nvidia infrastructure. The project expands BT’s sovereign data services, targeting public sector and business customers that want stronger data resilience and more local AI capability within Britain.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
US says Nvidia H200 chips still blocked from China despite demand

US says Nvidia H200 chips still blocked from China despite demand

Nvidia’s H200 AI chips have not reached Chinese companies, according to US Commerce Secretary Howard Lutnick. He said China’s central government has not permitted the sales, aiming instead to steer investment toward domestic industry. Shipments also stalled amid disputes over sales terms. Meanwhile, the US is reportedly weighing new rules to restrict advanced tech shipments to Chinese firms.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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