Thursday, February 19, 2026

Indian conglomerate Reliance plans to invest up to $110B in building AI-related infrastructure over the next seven years, and JioHotstar plans a ChatGPT bot (Bloomberg)

Bloomberg:
Indian conglomerate Reliance plans to invest up to $110B in building AI-related infrastructure over the next seven years, and JioHotstar plans a ChatGPT bot  —  Billionaire Mukesh Ambani's conglomerate will plow as much as 10 trillion rupees ($110 billion) over seven years …



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Cloud computing provider Nebius agrees to buy Eigen AI, which optimizes the performance of chips running AI inference tasks, for $615M in stock and cash (Dina Bass/Bloomberg)

Dina Bass / Bloomberg : Cloud computing provider Nebius agrees to buy Eigen AI, which optimizes the performance of chips running AI infer...