Monday, June 16, 2025

Agentic AI is revolutionizing manufacturing in India, projected to be a $1.73 billion market by 2030. This self-operating technology enhances smart manufacturing by enabling autonomous decision-making and real-time responsiveness. It optimizes production lines, predicts equipment failure, and improv... Â read more...

Mark Zuckerberg bets big on ScaleAI. Google and Microsoft walk away

Google is reportedly cutting ties with Scale AI after Meta's significant investment, raising data security concerns among major clients like Microsoft and xAI. These companies fear proprietary data exposure to a competitor. Google, initially planning a $200 million payment to Scale this year, is act... Â read more...

Amazon to invest $13 billion in Australia's data center infrastructure over five years

The company is also investing in three new solar farms in Victoria and Queensland, and will commit to buy a combined capacity of more than 170 megawatts across the three farms, it added. Â read more...

AI firms are hyping up threat to coders to push their model sales

Anshul Ramachandran of Windsurf dismisses the notion that AI will replace software developers, suggesting it's a tactic to boost AI model sales and justify layoffs. Windsurf, valued at $3 billion and potentially being acquired by OpenAI, sees India as a key market. Â read more...

40 India-listed tech companies valued at $90 billion: Report

Indian capital markets are maturing, prompting digital-first companies to "reverse flip" back to India, encouraged by regulatory improvements and a broader investor base. Approximately 40 India-listed tech companies are valued at $90 billion. Reforms by SEBI and sophisticated digital infrastructure ... Â read more...

Indian income tax sleuths have no way to tax digital value loop

Indian tax authorities face growing revenue losses as AI firms generate income from Indian developers without a physical presence, bypassing tax obligations. The current tax framework struggles with emerging software business models, renewing discussions on 'nexus' and the taxation of cross-border d... Â read more...

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