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18 Feb 2026

Over 80% of Companies Report No Productivity Gains from AI Despite Billions in Investment

A survey of 6,000 executives across the US, UK, Germany, and Australia reveals that over 80% of companies see no impact on productivity or employment from AI, despite widespread adoption. The findings echo Robert Solow's productivity paradox from the 1980s, when computers initially slowed workplace efficiency before eventually delivering gains decades later.

3 Sources

Microsoft to invest $50 billion by 2030 to bridge AI divide across Global South

Microsoft announced a $50 billion investment plan by 2030 to expand AI access across the Global South at the India AI Impact Summit in New Delhi. The tech giant aims to close the growing technological gap between developed and developing regions through infrastructure expansion, digital skills training, and multilingual AI development.

5 Sources

Cadence Design Systems beats Q4 expectations as AI chip design demand drives record backlog

Cadence Design Systems exceeded quarterly profit and revenue estimates, powered by surging demand for AI chip design software. The company reported a record $7.8 billion backlog and announced a 2026 revenue target of $5.9-$6 billion, silencing critics who feared AI disruption would undermine its business model.

4 Sources

17 Feb 2026

Japanese Toilet Maker Toto Emerges as Hidden AI Semiconductor Play, Shares Surge 40%

Activist investor Palliser Capital claims Japanese bathroom giant Toto is the most undervalued AI memory beneficiary, pointing to its advanced ceramics business that supplies critical components for semiconductor manufacturing. The company's shares have climbed nearly 40% in the first two months of 2026 as investors recognize its hidden semiconductor value.

2 Sources

Eric Trump Backs Israeli Drone Maker XTEND's $1.5B Merger to Bring AI Defense Robotics to Nasdaq

Eric Trump is investing in a $1.5 billion merger between Israeli drone maker XTEND and Florida-based JFB Construction Holdings. The deal aims to take XTEND public on Nasdaq under the ticker XTND, providing investors exposure to autonomous defense systems. The merger positions AI defense robotics as Wall Street's next major investment frontier.

2 Sources

Mistral AI acquires Koyeb in first deal to accelerate its cloud infrastructure push

Mistral AI, valued at $13.8 billion, has acquired Paris-based Koyeb to strengthen its position as a full-stack AI provider. The deal brings serverless deployment technology and 13 engineers to accelerate Mistral Compute, the company's AI cloud infrastructure platform launched in June 2025. This marks Europe's push to build sovereign AI infrastructure independent of U.S. hyperscalers.

5 Sources

Apple's AI strategy bets on restraint while Big Tech burns $700 billion on infrastructure

While Google, Meta, Microsoft, Amazon, and Alphabet collectively spend over $700 billion on AI infrastructure, Apple allocates just $12.7 billion annually. The spending gap reveals a fundamental disagreement about AI's future: will foundation models become commodities, or sources of lasting advantage? Apple's approach may signal strategic discipline or a costly miscalculation.

2 Sources

India targets $200 billion in AI infrastructure investment as Adani commits $100B for data centers

India has launched an aggressive campaign to attract over $200 billion in AI infrastructure investment by 2028, positioning itself as a global hub for AI computing. The push includes Adani Group's $100 billion commitment to build renewable-energy-powered data centers over the next decade, alongside partnerships with Nvidia and major venture capital firms to develop the country's AI ecosystem.

28 Sources

Modi pitches India as affordable AI hub at summit, drawing $200 billion in investments

Prime Minister Narendra Modi positioned India as a hub for affordable and scalable artificial intelligence at the India AI Summit in New Delhi. The event drew over a dozen heads of state and tech executives, with more than $200 billion in AI investments expected over the next two years. The summit faced organizational challenges and a surprise withdrawal by Bill Gates, but showcased India's ambition to bridge advanced economies and the Global South in AI development.

20 Sources

Valve halts Steam Deck sales as AI-fueled memory shortage grips gaming hardware market

Valve confirmed Steam Deck is out of stock indefinitely due to memory shortages driven by AI data center demands. The 256GB LCD model is discontinued, while OLED versions face intermittent availability. Sony may delay PS6 until 2029, and Nintendo could raise Switch 2 prices as component costs spiral across the consumer electronics market.

3 Sources

16 Feb 2026

Sony considers PS6 delay to 2029 as AI chip shortage forces gaming industry to rethink strategy

Sony is weighing a significant PlayStation 6 delay to 2028 or even 2029 as surging demand for artificial intelligence infrastructure creates an unprecedented global memory chip shortage. The AI-driven chip crisis has left major memory manufacturers prioritizing high-margin AI chips over consumer electronics, forcing gaming companies to navigate longer console cycles and rising production costs.

2 Sources

Fractal Analytics IPO debut falls short as India's first AI company faces valuation concerns

Fractal Analytics, India's first AI company to go public, listed at ₹876 per share on Monday, falling below its ₹900 issue price. The subdued stock market debut reflects investor caution over high valuations despite the company's position as a gateway to AI investments. Co-founders remain optimistic about margin expansion and growth driven by healthcare and advanced analytics offerings.

3 Sources

Anthropic opens Bengaluru office as India AI revenue doubles, Claude Code powers enterprise push

Anthropic inaugurated its first Indian office in Bengaluru, revealing that its revenue run-rate in the country has doubled in just four months. CEO Dario Amodei announced strategic partnerships with Air India and Cognizant to deploy Claude Code across operations. India now stands as Claude AI's second-largest market globally, with the company betting heavily on the nation's tech talent and vast population to accelerate enterprise AI adoption.

12 Sources

ChatGPT India reaches 100 million weekly users as Sam Altman reveals OpenAI's expansion strategy

Sam Altman disclosed that ChatGPT India now has 100 million weekly active users, establishing the country as OpenAI's second-largest market globally. Speaking ahead of the India AI Impact Summit, Altman highlighted India's surge in student users and OpenAI's strategic push into the price-sensitive market through affordable plans and a New Delhi office.

3 Sources

AI Demand Triggers Memory Shortage That Could Push Phone Prices Up 8% and Delay Consoles

A severe memory shortage driven by AI data center construction is reshaping consumer electronics. RAM prices have tripled to sextupled in months, forcing smartphone makers to raise prices by up to 8%, console manufacturers to delay launches until 2028-2029, and hardware vendors to shrink price quote windows. Cloud providers plan over $600 billion in capital expenditures, intensifying the supply crisis.

18 Sources

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