2026 – Page 634 – Ayen News

Stargate AI Infrastructure Project Links SpaceX Oracle and OpenAI in 500 Billion Dollar Commitment

The Stargate project involving SpaceX Oracle and OpenAI progressed with $500 billion committed to build AI data centers across multiple US states.

Deloitte’s India economic outlook highlighted reforms in fiscal monetary and labour policies as crucial levers for sustaining growth.

US tariffs on Indian goods including textiles and seafood continued to pressure Indian MSME exporters and labour-intensive sectors.

SoftBank announced a massive €75 billion commitment to develop 5 gigawatts of AI infrastructure capacity across France.

Anthropic’s latest funding round of $65 billion valued the AI safety company at $965 billion post-money surpassing OpenAI’s private valuation.

AI coding agent startup Cognition raised $1 billion in new funding valuing Devin the autonomous coding assistant at $26 billion.

India’s high public capital expenditure at 3.4 percent of GDP continued to underpin growth even as global trade headwinds intensified.

The government’s early GST slab simplification ahead of the festive season aimed to revive domestic demand and support informal sector recovery.

Energy prices tied to US-Iran military exchanges helped drive American inflation to its highest level since 2023.

Goldman Sachs Research predicted above-consensus GDP growth for India in 2026 citing easier financial conditions and healthier balance sheets.