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Update: Samsung Scores Tesla Chip Contract as Elon Musk Confirms $16.5B AI6 Deal

60% Right coverage: 5 sources

Samsung Electronics has secured a $16.5 billion contract to produce Tesla’s next-generation AI6 chips, marking a major boost for its foundry business. The chips will be manufactured at Samsung’s upcoming fab in Taylor, Texas, now slated for completion in 2026.See the Story

Metaforms Raises $9 Mn Series A to Expand AI Market Research Capabilities

100% Right coverage: 1 sources

Metaforms raises $9M Series A led by Peak XV to scale AI-powered market research, triple Bengaluru team, and expand AI capabilities including voice and report automationArtificial Intelligence · San Francisco See the Story

Cognizant Attempts World's Largest Vibe Coding Event to Accelerate AI Literacy Across Thousands of Employees

Open the article to view the coverage from Macau BusinessEconomy See the Story

Bharat Forge To Establish New Advanced Ring Mill Facility For Manufacturing Aero Engine Components In India

Bharat Forge Limited (BFL), a global leader in advanced forging and precision engineering, is set to establish a new state-of-the-art advanc...India · India See the Story

Lenskart DRHP: A Look At The Shareholding Pattern & Top Leaders Lenskart DRHP: A Look At The Shareholding Pattern & Top Leaders

Omnichannel eyewear retailer Lenskart has filed its draft red herring prospectus (DRHP) with the markets regulator SEBI to raise up to INR 2,150 Cr through a fresh issue of shares. The initial public offering (IPO) will also comprise an offer for sale (OFS) of up to 13.2 Cr shares by existing investors. Promoters Peyush Bansal, Neha Bansal, Amit Chaudhary and Sumeet Kapahi, with institutional investors SVF II Lightbulb (SoftBank), Schroders, PI …IPO · India See the Story

IFC’s First Thai C&I Solar Bet: $45 Mn Investment in CleanMax to Scale Renewable Access

To expand access to reliable energy and make clean power more affordable for industrial businesses, IFC is investing THB 1,476 million (approximately $45 million) in CleanMax Energy (Thailand) Company Limited, a subsidiary of Clean Max Enviro Energy Solutions Private Limited (“CMES” “CleanMax”). Backed by Brookfield, CleanMax is a leading Indian renewable energy and net-zero solution provider for the Commercial and Industrial (C&I) sector.This m…Thailand · Thailand Read Article

Cisco Joins Forces with Reliance Jio to Power India's Hyperscale AI Ambitions

American tech giant Cisco Systems is partnering with Reliance Jio to help realize Mukesh Ambani’s vision of building India’s largest hyperscale AI infrastructure, including gigawatt-scale data centers across the country.Jio Brain & Hyperscale VisionJio Brain is Jio’s AI infrastructure initiative aimed at hosting:AI training and inferencing workloadsCloud-based AI applicationsCisco will provide:Data center infrastructureConnectivity solutions, in…Cisco · Jamnagar Read Article

Adani Green Energy Projects Cancelled in Andhra Pradesh

The Andhra Pradesh government has officially cancelled two major pumped hydro storage projects allotted to Adani Green Energy Ltd (AGEL), following a formal request from the company, reported news agency PTI. The decision, approved by the State Investment Promotion Board (SIPB) on July 17, stems from unresolved boundary disputes between Andhra Pradesh and neighboring Odisha that have stalled project development.Projects Cancelled:Kurukutti Pumpe…Andhra Pradesh · Andhra Pradesh Read Article

₹437 Cr Recovered: India Deploys AI To Track Down Crypto Tax Dodgers

India’s Income Tax Department has used artificial intelligence (AI), machine learning, and digital forensics to get back ₹437 crore from cryptocurrency transactions in the financial year 2022–2023. This is a big step towards stopping tax cheating. This smart use of technology shows that India is serious about regulating virtual digital assets (VDAs) and making sure that people pay their taxes in a digital economy that is changing quickly. Strate…Artificial Intelligence · India See the Story

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