Google to Label Verified Investment Apps in India

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Alphabet Inc.’s Google will introduce verification labels for investment apps on its app store in India, aiming to help users identify legitimate platforms and avoid scams.

The initiative will allow only brokers and intermediaries registered with the Securities and Exchange Board of India to receive a verified badge. This is expected to make it easier for users to distinguish approved financial services from fraudulent apps impersonating them.

The move comes as authorities increase efforts to combat rising online investment scams, particularly those targeting retail users through mobile platforms. By tightening visibility and trust signals within the app ecosystem, regulators hope to reduce financial fraud and improve consumer protection.

The decision highlights growing collaboration between regulators and major technology platforms as digital finance expands and risks associated with unverified services increase.

Arm Shares Surge on New AI Chip Revenue Forecast

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Arm Holdings shares jumped sharply after the company projected that its upcoming AI-focused data center chip could generate billions in annual revenue.

The stock surged about 20%, while rivals such as Intel and AMD also gained, reflecting broader optimism around CPU demand driven by artificial intelligence.

Arm expects the new chip to deliver roughly $15 billion in yearly revenue within five years, signaling a major shift in its business model. Traditionally focused on licensing chip designs, the company is now moving more directly into chip development.

The new processor is designed for “agentic AI,” a more advanced form of artificial intelligence that can perform complex, multi-step tasks with minimal human input. This shift aligns with growing industry demand for inference computing, where AI systems generate real-time responses and actions.

The announcement underscores how the AI boom is expanding beyond graphics processors—dominated by Nvidia—to include central processing units as a critical component of next-generation infrastructure.

Analysts expect Arm’s server CPU business to become a dominant revenue driver in the coming years, potentially overtaking its traditional smartphone segment as AI workloads reshape the semiconductor market.

Microsoft to Rent Texas Data Center Once Planned for Oracle and OpenAI

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Microsoft has reportedly agreed to lease a major data center project in Texas that had originally been intended for Oracle and OpenAI.

The facility, located in Abilene, represents roughly 700 megawatts of capacity and is positioned near Oracle and OpenAI’s Stargate campus. According to reports, Microsoft reached an agreement with developer Crusoe after Oracle and OpenAI stepped back from earlier discussions over the site.

The development reflects the continued scramble among major technology companies to secure large-scale computing infrastructure for artificial intelligence. Data centers have become critical assets as firms expand generative AI services that require massive processing power.

The reported deal also shows how demand for AI capacity remains strong even as project ownership and financing plans shift between major industry players.