
Amazon Tops Hyperscalers With $48B India AI Pledge
Amazon CEO Andy Jassy pledged $48 billion for India through 2030 after meeting PM Modi, outspending Microsoft and Google on AI infrastructure in the world's fastest-growing cloud market.
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Amazon CEO Andy Jassy pledged $48 billion for India through 2030 after meeting PM Modi, outspending Microsoft and Google on AI infrastructure in the world's fastest-growing cloud market.

US Commerce Secretary Howard Lutnick told ASML executives that the Trump administration believes EUV-related chipmaking gear may have reached China in violation of export controls. ASML denies any such transfer and says it has never shipped EUV equipment to China.

At G7 in Evian, Altman, Amodei, and Hassabis pitched world leaders on a US-led international AI governance body, chip trade restrictions on China, and controlled access to frontier models.

Microsoft is shifting Copilot Cowork to usage-based pricing and testing DeepSeek V4 on Azure, trading 57x cheaper tokens for a geopolitical risk that has not gone away.

Bengaluru-based Sarvam hit a $1.5 billion valuation after HCLTech put in $150 million, betting India can build its own AI stack and stop routing sensitive data through American clouds.

The EU Commission has warned that Washington's Anthropic export ban is discriminatory against allies, as European politicians demand AI sovereignty and Dario Amodei heads to the G7 in France.

PM Mark Carney's AI for All commits $2.3 billion to hit 250,000 new jobs and 60% business adoption by 2034 - but critics call it a wish list without hard delivery mechanisms.

Senator Bernie Sanders proposes seizing 50% of OpenAI, Anthropic, and xAI stock to fund a federal sovereign wealth fund with government board seats.

Blackstone-backed AirTrunk pledges $30 billion and 5GW of AI data center capacity in India by 2030 - more than triple the country's current total installed base.

DeepSeek's maiden external funding round is nearing completion at up to $59B valuation, with Tencent and EV battery giant CATL as the biggest outside investors.

The UK's CMA issued a world-first binding order requiring Google to let publishers opt out of AI Overviews, AI Mode, and AI model training, with nine months to comply.

ByteDance is weighing up to $70 billion in AI capital expenditure for 2026, nearly tripling its 2025 spend, while locking in offshore compute and a Qualcomm chip deal to sidestep US export controls as Doubao hits 345 million users.