The pledge marks a sharp jump from General Catalyst’s earlier $500 million–$1 billion India earmark.
Reliance has begun building multi-gigawatt AI data centers in Jamnagar, with more than 120 MW of capacity expected to come online in 2026.
OpenAI also plans to expand its presence in India with new offices in Mumbai and Bengaluru later this year.
OpenAI moves beyond ChatGPT in India with a Pine Labs deal targeting enterprise payments and AI-driven commerce.
The startup is making solid-state transformers capable of intelligently aggregating power from a number of different sources before sending it to data center racks.
Three U.S.-based AI companies raised rounds larger than $1 billion so far in 2026 with 14 others raising rounds of $100 million or more.
Under the partnership, Infosys plans to integrate Anthropic’s Claude models into its Topaz AI platform to build so-called “agentic” systems.
As India’s first AI company to IPO, Fractal Analytics didn’t have a stellar first day on the public markets, as enthusiasm for the technology collided with jittery investors in the wake of a sell-off in Indian software stocks.
In this week’s episode of the Equity podcast, Glean CEO Arvind Jain explains the company’s shift from enterprise search tool to middleware layer for enterprise AI.
Cohere surpassed $240 million in annual recurring revenue in 2025, highlighting strong enterprise AI demand as the Canadian startup positions itself for a potential IPO amid intensifying competition from OpenAI and Anthropic.