Home / Category / Technology / Ai & Automation

Ai & Automation News

AI & Automation;Investments & Funding;Corporate Expansion

Apollo and Blackstone anchor Broadcom's $35 billion AI compute initiative to accelerate Anthropic's expansion.

Broadcom, Apollo, and Blackstone launched a $35 billion AI compute platform to deploy over 20 gigawatts of semiconductor capacity by 2028. The initiative immediately funds Anthropic's infrastructure expansion, signaling a shift toward institutional capital financing large-scale artificial intelligence data centers.

United States | 2 days ago

Investments & Funding

Sumitomo Mitsui Trust Bank allocates up to 380 billion yen for three-year digital and AI transformation

Sumitomo Mitsui Trust Bank will invest between 360 billion and 380 billion yen over three years into advanced digital technology. The strategy focuses on proprietary artificial intelligence deployment and expanding online retail banking accounts via an existing telecommunications joint venture.

2 days ago • Japan

Investments & Funding

Microsoft deepens Singapore AI strategy with USD 5.5 billion infrastructure commitment

Microsoft plans to invest USD 5.5 billion in Singapore's cloud and artificial intelligence ecosystem through 2029 while expanding nationwide AI education and workforce development initiatives. The move reinforces Singapore’s position as a regional digital hub and supports growing enterprise demand for AI-enabled services.

2 days ago • Singapore

Financial Services

Canada Life hands IT infrastructure overhaul to TCS in a bid for greater resilience and automation

Canada Life has signed a multi-year agreement with Tata Consultancy Services (TCS) to modernize its European IT infrastructure. TCS will apply AI and automation to manage data centres, end-user computing, and software lifecycles, aiming to improve operational resilience and user experience across the insurer’s UK, Irish, Isle of Man, and German operations.

2 days ago • Germany;Ireland;Isle of Man;United Kingdom

Investments & Funding

Accenture Ventures backs AlphaSense to integrate agentic AI market intelligence across global enterprises

Accenture Ventures has completed a strategic investment in commercial market intelligence platform AlphaSense. The partnership aims to deploy advanced, agentic AI workflows that synthesize public and private industrial data for large-scale corporate entities.

2 days ago • United States

Investments & Funding

Air Liquide expands South Korea semiconductor footprint with EUR 200 million AI memory supply project

Air Liquide has secured a long-term agreement with SK hynix to support advanced HBM semiconductor packaging in South Korea. The nearly EUR 200 million investment includes a new nitrogen production facility and strengthens the company's position in the fast-growing AI-driven semiconductor manufacturing market.

2 days ago • Korea (South)

Mergers & Acquisitions

Palo Alto Networks addresses autonomous software risks through Portkey acquisition

Palo Alto Networks has finalized its acquisition of AI Gateway pioneer Portkey. The transaction aims to integrate runtime threat inspection and governance controls into enterprise workflows as businesses transition from standard chatbots to autonomous AI agents.

2 days ago • India

Mergers & Acquisitions

Sprinklr acquires ViralMoment assets, advancing AI-native video analytics for Unified-CXM

Sprinklr has acquired ViralMoment’s AI-powered video intelligence technology to address blind spots in text-centric customer listening. The integration enables multimodal analysis across video, audio, and imagery, helping brands detect cultural trends and sentiment from short-form social content.

2 days ago • United States

Mergers & Acquisitions

SLB expands digital reservoir management capabilities through Tachyus acquisition agreement

SLB has agreed to acquire Houston-based reservoir modeling specialist Tachyus to strengthen its digital energy portfolio. The transaction is designed to enhance real-time reservoir optimization, improve production decision-making, and expand AI-driven workflows for oil and gas operators managing complex and mature assets.

2 days ago • United States

AI & Automation

Cyient expands international data and AI footprint through $218 million acquisition of Tao Digital Solutions

Cyient has finalized a definitive agreement to acquire US-based Tao Digital Solutions Inc for $218 million in an all-cash deal. The transaction enhances Cyient's artificial intelligence, cloud-native engineering, and data platform capabilities.

2 days ago • United States

Mergers & Acquisitions

NTT DATA’s WinWire deal intensifies battle for Microsoft Azure AI talent

NTT DATA has agreed to acquire Microsoft partner WinWire, gaining more than 1,000 Azure and AI engineers. The move addresses surging enterprise demand for scaled AI solutions and sharpens competition among global systems integrators for specialized cloud talent, with the AI market projected to approach $3.5 trillion within a decade.

2 days ago • United States

Mergers & Acquisitions

Roche strengthens digital oncology diagnostics with acquisition of PathAI for $750 million upfront

Roche has signed a definitive merger agreement to acquire digital pathology and artificial intelligence developer PathAI for $750 million upfront and up to $300 million in milestone payments, scaling its automated clinical workflows globally.

2 days ago • Switzerland;United States

AI & Automation

STL secures $1 billion optical connectivity contract for hyperscale AI data centers

Sterlite Technologies Limited has landed a multi-year product supply agreement valued at over $1 billion. Under the deal, the digital networks integrator will provide advanced optical connectivity solutions to an unnamed hyperscaler to support the infrastructure build-out of artificial intelligence data centers.

2 days ago • India

Investments & Funding

AMD commits over USD 10 billion to Taiwan ecosystem for next-generation AI chip packaging

Advanced Micro Devices announced an investment exceeding USD 10 billion to expand advanced packaging and silicon manufacturing partnerships in Taiwan. The initiative targets next-generation AI infrastructure scalability and supports the planned deployment of the AMD Helios rack-scale platform in the second half of 2026.

2 days ago • Taiwan

Investments & Funding

Microsoft commits USD 50 billion to Global South AI infrastructure amid warning of widening economic divide

Microsoft has announced plans to invest USD 50 billion by decade-end to expand artificial intelligence access across the Global South. The commitment, paired with new skilling targets and localized evaluation tools, responds to data showing AI adoption in developing economies trails the Global North by a factor of nearly two.

2 days ago • India;United States

Latest News

Defence | 16 hours ago

RTX scales missile defense manufacturing capacity in Rhode Island to meet surging global demand

RTX is injecting $100 million into its Rhode Island operations to scale production of Patriot missile components and accelerate testing for the Lower Tier Air and Missile Defense Sensor. This strategic expansion aims to fulfill escalating international defense contracts and counter advanced aerial threats.

Infrastructure | 3 days ago

Centre approves ₹16.63 billion infrastructure upgrade for Kerala NH project

The Indian government has granted administrative and technical clearance for the initial phase of the Kollam-Theni National Highway expansion. Valued at ₹16.63 billion, the 24-month project will widen a crucial 54.37-kilometer corridor to four lanes using the Engineering, Procurement, and Construction framework.

Agriculture & Food | 16 hours ago

European Commission authorizes Spain to deploy €25 million fisheries fuel subsidy amid Middle East supply shocks

The European Commission has approved a €25 million Spanish state aid program to subsidize diesel costs for the commercial fishing sector. Running until late 2026, the initiative aims to stabilize primary seafood production margins against elevated energy expenses driven by geopolitical disruptions in the Middle East.

Business & Corporate | 16 hours ago

Healthcare Holding Schweiz AG broadens European medical footprint with acquisition of Compet Medical AG

Healthcare Holding Schweiz AG has finalized the acquisition of Schindellegi-based Compet Medical AG, an established distributor of harm reduction and low-threshold clinical supplies. The transaction expands the purchasing entity's logistics network across Switzerland, Germany, and Austria.