Apple has signed a more than $30 billion, multi-year agreement with Broadcom to manufacture over 15 billion custom chips in the U.S., expand Fort Collins facilities, and supply ASIC silicon for Apple devices through 2031, marking the largest commitment under Apple’s $600 billion U.S. investment plan.
India has expanded customs duty concessions on machinery and components for lithium-ion batteries, display assemblies and wireless charging modules, keeping the exemptions in place until March 31, 2029 to cut import costs and support domestic electronics manufacturing.
India and Australia have launched PACTS, a broad technology framework replacing their 2020 cyber pact, to deepen cooperation in AI, cybersecurity, critical technologies, resilient supply chains, digital public infrastructure and defence research, with annual reviews to track progress and manage emerging risks.
Meta’s Muse Image AI now uses public Instagram photos by default to generate images, triggering privacy and consent concerns as users must dig into settings to opt out.
Google Cloud is accelerating its AI data centre expansion in India, led by a $15 billion, 1GW campus in Visakhapatnam and local hosting of Gemini models to meet rising enterprise demand, improve latency, and support data residency and digital sovereignty across banking, healthcare, retail, and digital services customers.
Chinese AI startup DeepSeek is developing a proprietary inference chip to reduce reliance on Nvidia and Huawei, alongside a planned 50 billion yuan fundraise.
Elevate Education has raised ₹170 crore in a Series D round led by WestBridge Capital to strengthen its AI platform, expand partner institutions, and scale industry-focused higher education programmes in India.
Google will start counting all Android backup data toward Google Account storage from July 7, while rolling out new per-app backup controls on Pixel phones.
Jim O’Neill says BRICS efforts to build alternatives to the US dollar are now credible thanks to advances in payment technology, but policy coordination still lags.
India’s Ministry of Heavy Industries has ordered automakers and component suppliers to audit EV and connected car software after Bluetooth flaws raised cybersecurity concerns, pushing rapid adoption of AIS-189 and AIS-190 standards ahead of phased rules starting October 1, 2026.
