Reliance Industries and Meta Platforms will develop a 168 MW, AI-enabled, renewable-powered data center in Jamnagar, Gujarat, Meta’s first built-to-suit facility in India.
Apple unveils Siri AI, a reengineered assistant built on Apple Intelligence with on-device models, Private Cloud Compute, multimodal features and writing tools, rolling out across iPhone, iPad, Mac, Apple Watch and Apple Vision Pro on recent hardware, with staged availability in the EU and China.
Cloudflare reports automated bot traffic now accounts for 57.5% of all HTTP requests, surpassing human activity for the first time, driven by AI agents.
The RBI has increased investment limits for non-residents in Indian equities and government bonds, aiming to attract more foreign capital and deepen domestic markets. Governor Sanjay Malhotra announced the changes on June 5.
Piyush Goyal highlights India’s rise as a trusted investment destination, driven by economic growth, FTAs, regulatory reforms, and infrastructure, poised for two decades of rapid expansion.
News
Zoho Corporation launches Nathu La, an Intel Xeon 6-based server platform designed in Nagpur to cut power use and total cost of ownership while reinforcing the company’s vertically integrated technology stack and tackling rising AI infrastructure costs across its global data centers.
Anthropic launches Claude Fable 5, its most capable broadly accessible Mythos-class model, alongside the more restricted Claude Mythos 5, combining state-of-the-art coding, finance, and vision performance with classifier-based safety systems, data retention rules, and tiered access for high-risk cybersecurity and life sciences use cases.
Persistence Market Research forecasts the data center liquid cooling market will jump from US$5.7 billion in 2026 to US$29.2 billion by 2033, driven by AI, high-performance computing, machine learning, and hyperscale cloud deployments that demand higher rack densities and better energy efficiency.
India is rolling out phased FDI reforms across insurance and sovereign bond markets, pairing 100% insurance FDI with tax relief and RBI’s expanded Fully Accessible Route to strengthen its case for Bloomberg Global Aggregate Bond Index inclusion and potentially attract over $50 billion in capital inflows.
AI Trends
Google secures $30 billion in AI compute capacity from SpaceX for Gemini Enterprise, leveraging 110,000 NVIDIA GPUs. This major deal precedes SpaceX’s IPO, highlighting surging AI infrastructure demand.
Spotlight
Netflix has taken a decisive step in strengthening its India strategy with the launch of a global VFX and post-production hub in Hyderabad, marking a full…
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