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SpaceX IPO: Saudi Arabia’s PIF eyes $5 billion stake ahead of record $75 billion listing

Saudi Arabia’s Public Investment Fund is considering taking an anchor stake of around $5 billion in Elon Musk’s SpaceX as the company eyes a whopping $2 trillion in valuation ahead of its planned IPO. The space exploration company is aiming to raise a record-breaking $75 billion in the listing scheduled for later this year, according … Read more

India’s data center boom is hitting an invisible ceiling

The challenge isn’t capital or intent, but the lack of infrastructure that can support the data centres. However, there are companies that have the potential to fill these gaps. Data centers are mushrooming in India, at an unprecedented scale and speed, driven by a cost advantage and optimism about the imposing demand from accelerating digitization … Read more

West Asia War: Tech infrastructure as the new battlefield

Iran targeting US linked tech infrastructure in the West Asia conflict exposes global digital supply chain risks, threatens chip and AI growth, and creates both risk and opportunity for India By Kriti Singh April 2, 2026, 2:00:41 PM IST (Published) Iran’s announcement and eventual targeting of facilities associated with major US technology companies in the … Read more

Draft IT amendments risk over-censorship, over-compliance, say experts

India’s proposed changes to the Information Technology Rules could lead to over-censorship and compliance burdens for social media platforms, experts warned, as the government seeks to expand its oversight of online content. On March 30, the Ministry of Electronics and IT floated draft amendments that would make advisories issued by the government binding on platforms … Read more

Intel to buy back Apollo stake in Ireland factory for $14.2 billion

Intel said it would spend $14.2 billion to buy back the 49% stake it had sold to Apollo Global Management in its Ireland manufacturing facility, taking full ownership of the plant as its finances improve and AI drives demand for its processors. Shares of the chipmaker rose more than 10% on Wednesday. Apollo in 2024 … Read more

Govt defers SIM binding deadline to Dec 31 after big tech pushback

The Indian government has deferred the implementation of its controversial SIM binding directive to December 31, following strong pushback from major technology companies, offering temporary relief to OTT messaging platforms and users alike. Govt’s sim binding directive had witnessed strong pushback from big tech players like Apple, Google, Meta, Whatsapp, Microsoft. The Department of Telecommunications … Read more

Apple’s 50-year odyssey has redefined technology, pop culture and comeback stories

A scrawny hippie and a nerdy engineer who became prank-playing friends vowed to change the world when they founded a Silicon Valley startup on April Fools’ Day 50 years ago and then — no joke — pulled it off. The improbable odyssey began April 1, 1976, when a then-shaggy Steve Jobs and his gadget-tinkering friend … Read more

AI Watch: SoftBank’s $40 billion AI bet, Lilly’s $2.75 billion drug deal, and Grok’s EU setback

SoftBank has raised a $40 billion short-term loan to back its growing exposure to OpenAI, signaling confidence in a possible IPO. Eli Lilly has signed a $2.75 billion deal with Insilico Medicine to commercialize AI-developed drugs globally. In Europe, Elon Musk’s Grok faces legal restrictions over misuse of AI-generated imagery. Meanwhile, India’s Sarvam AI has … Read more

AI will now make your medicines too: Big Pharma’s $2.75 billion bet on algorithms over laboratories

Eli Lilly bets up to 2.75 billion on Insilico Medicine AI platform Pharma.AI, signaling Big Pharma shift to AI led drug discovery and global R and D partnerships. By Rhea Bhatia March 30, 2026, 2:46:58 PM IST (Published) The idea that artificial intelligence could disrupt white-collar work is no longer new. It has already reshaped … Read more

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