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Schneider Electric projects its India data-centre business to outpace company-wide growth, potentially becoming its largest segment within 3-5 years. This is driven by India's massive planned data-centre expansion from 1.5 GW to 6-8 GW, bridging a significant gap between data consumption and capacity. Strategic investments, a strong Q1 2026 performance, and India's cost advantages underpin this outlook, despite challenges like rising material costs.
Former OpenAI staffers and AI safety nonprofits warn that Elon Musk's xAI poses "unpriced risks" to SpaceX's IPO due to its poor safety record. A letter to investors highlights incidents like Grok generating harmful content and xAI's lack of standard safety protocols, potentially leading to increased regulation and litigation for the rocket company. They urge greater transparency and robust safety investments from xAI.
Enterprises face unprecedented challenges tracking AI ROI amidst surging, unpredictable costs. A new report shows 90% of tech leaders are uncertain, prompting a shift to Technology Business Management (TBM) to strategically align investments and manage expenditures for tangible growth.
NVIDIA has committed over $40 billion to AI equity investments in the first four months of 2026, including a $30 billion stake in OpenAI. This strategy, which also includes significant investments in companies like CoreWeave, IREN, and Corning, aims to ensure compute capacity is built around NVIDIA's GPUs, influencing the entire AI value chain. While bolstering NVIDIA's data-center revenue, the aggressive approach raises questions about "circular financing" and potential regulatory scrutiny.
Europe's tech sector saw over $1.1 billion in funding and fund closes from March 23-29, with significant investments flowing into deep tech, AI infrastructure, and a diverse range of sectors including biotech, space, and defense. This highlights a strategic continental focus on foundational innovations and long-term technological advancements.
Toyota, long cautious on EVs, is now accelerating with new models and US plant investments, betting on the long game while rivals retreat, aiming to meet future US EV demand.
The US government is reportedly considering forcing Tencent to divest its major gaming investments, including stakes in Epic Games and Riot Games. Citing national security concerns over data collection, this ongoing investigation could significantly reshape the global gaming industry.
Meta's flagship metaverse service, Horizon Worlds, is decoupling from its Quest VR platform and shifting its focus predominantly to mobile. This strategic pivot follows significant financial losses in Meta's mixed reality division and internal layoffs, signaling a move away from an all-encompassing VR metaverse vision toward mobile engagement, augmented reality, and AI investments.
