Global Tech Giants Pledge Billions to India AI

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Major technology firms and industrial groups have announced large-scale investments in artificial intelligence infrastructure during the India AI Impact Summit in New Delhi.

Reliance Industries and its telecom arm Jio revealed plans to invest nearly $110 billion over the next seven years to build AI and data infrastructure. Meanwhile, the Adani Group committed $100 billion toward renewable energy-powered AI data centres by 2035, with expectations of stimulating an additional $150 billion across related sectors.

Microsoft reaffirmed its broader initiative to invest up to $50 billion by the end of the decade to expand AI capabilities across developing regions, with India playing a central role.

Data centre operator Yotta also pledged more than $2 billion to develop one of Asia’s largest AI computing hubs using advanced Nvidia technology.

Further collaboration includes Tata Consultancy Services securing OpenAI as its first client for a new data centre initiative, while Larsen & Toubro announced a partnership with Nvidia to build large-scale AI-ready infrastructure.

These commitments collectively signal a major acceleration in India’s ambition to establish itself as a global hub for artificial intelligence development.

DOJ Reviews Warner Bros Sale Impact

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The U.S. Justice Department is reportedly examining how a potential sale of Warner Bros Discovery could affect the theatrical film industry.

According to sources cited in recent reports, officials have contacted major theater chains to assess whether such a transaction might influence the number of films released in cinemas and the overall moviegoing experience.

The development follows Warner Bros’ decision to reject a recent takeover bid from Paramount Skydance while allowing a brief window for a revised proposal. At the same time, discussions continue regarding a separate offer involving Netflix’s interest in Warner Bros’ streaming and studio operations.

If approved, the transaction would proceed after the planned separation of Discovery Global’s cable assets, including networks such as CNN, TLC, Food Network and HGTV, into an independent public entity.

Industry observers remain divided on the potential implications, with some expressing concern about the future of theatrical releases should major consolidation occur.

Accor Surpasses 2025 Profit Expectations

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French hospitality group Accor reported annual core profit slightly above market expectations for 2025, supported by portfolio diversification and growth in its loyalty programme.

The company posted earnings before interest, taxes, depreciation and amortisation of 1.20 billion euros, exceeding analyst forecasts of 1.19 billion euros and improving from 1.12 billion euros in 2024.

Accor plans to focus on expanding its network and strengthening loyalty partnerships in 2026, while also increasing franchise agreements in mature markets. The group is preparing to finalise the sale of its 30.6 percent stake in Essendi, with proceeds expected to fund a previously announced 450 million euro share buyback programme once the transaction is completed.

Revenue per available room, a key industry indicator, rose 4.2 percent to 76 euros in 2025, reflecting steady operational performance.

The company has also begun integrating artificial intelligence into its digital strategy. In February, Accor introduced an AI-powered booking tool designed to reduce reliance on online travel agencies and improve cost efficiency.