Acquisition
Netgear Acquires Indian Cybersecurity Startup Exium to Boost Services for MSPs
Exium’s products and expertise will help to add an integrated Secure Access Service Edge (SASE) platform to NETGEAR’s robust network offering.
The Left Shift Bureau
AI News
AI Supercomputers by 2030 Could Cost $200 bn, Use 2 mn Chips, and Demand Power of 9 Nuclear Reactors
Power constraints, not compute or chips, will likely become the primary bottleneck in AI advancement
Datacentre
Qualcomm to Acquire Alphawave for $2.4 Bn to Boost AI Data Centre Push
The deal is expected to close in early 2026 and is not expected to face major regulatory hurdles
AI Startups
Sarvam Launches Samvaad, a Conversational AI Platform for Indian Languages
Samvaad supports interactions across phone, WhatsApp, web, and apps
AI Startups
OpenAI Targets $125 bn Revenue by 2029
It currently serves 500 million weekly active users and over three million paying business customers
Startups
IIT Delhi Incubated Startup Vecmocon Raises $18 mn to Expand Market Presence
A portion of the funding will also support team expansion and the establishment of international-standard R&D infrastructure
AI Startups
Elon Musk’s xAI Forecasts $13 bn Earnings by 2029
xAI anticipates reaching $1 billion in gross revenue by year-end.
AI Startups
OpenAI Challenges Court Order to Preserve ChatGPT Logs in NYT Copyright Lawsuit
The company argues the directive undermines its user privacy commitments.
AI Startups
Meta Eyes Massive $10 Bn Deal with Scale AI to Boost Its AI Ambitions
Founded in 2016 by Alexandr Wang, Scale AI achieved $870 million in revenue in 2024
Expansion
First Citizens BancShares, Inc. Deepens Investment in India with New Office in Bengaluru
First Citizens Bank is one of the top 20 banks in the United States, with more than $200 billion in assets and over 17,000 associates worldwide.
Research
Apple Finds AI Is Great at Pretending to Think—But Not Much Else
The study challenges the prevailing belief that such models truly “think” like humans
Transport
ONDC-Powered Namma Yatri hits 100 Million Rides
The platform allows drivers to offer safe, affordable, and convenient services directly to citizens