Google, Blackstone to launch $5 billion venture to challenge Nvidia's AI dominance
Blackstone expects to bring the first 500 MW of capacity online in 2027, with plans to scale significantly over time
Business
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India
India-Netherlands ties get major chipmaking push with ASML-Tata agreement
The pact marks a significant step in India’s efforts to build a domestic chip manufacturing ecosystem
India
How India–Israel bilateral economic relations have evolved over the years
India and Israel signed multiple agreements across various sectors. Bilateral trade, excluding defense, reached US$10.77 billion in FY 2022-23. India is Israel's seventh-largest trading partner, with significant Indian investments in Israel, including Adani Group's Haifa Port acquisition.
India
Facebook to hold 30% stake in Reliance's AI venture
Facebook Overseas (Meta) will own a 30% stake in a new AI venture with Reliance Industries, led by Mukesh Ambani. The venture, Reliance Enterprise Intelligence Ltd (REIL), will be 70% owned by Reliance. They are jointly investing ₹855 crore to develop and market AI services.
India
UK to boost Bollywood in India, announces campuses, military cooperation
India and the UK are expanding cooperation on critical minerals, defense co-production, and technology. They are establishing an industry guild and supply chain observatory. UK universities are opening campuses in India, and both nations are boosting cooperation in the Indo-Pacific region. They signed a free trade agreement and discussed naval exercises.
