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16 Feb 2026

Blackstone backs Neysa with $1.2B as India scales AI infrastructure to meet surging demand

Blackstone leads a $1.2 billion investment in Neysa, India's AI infrastructure startup, securing a majority stake as the country pushes to expand GPU capacity. The Mumbai-based company plans to scale from 1,200 to over 20,000 GPUs, targeting enterprises and government clients. India currently has fewer than 60,000 GPUs deployed but expects to reach over 2 million in coming years.

3 Sources

15 Feb 2026

Western Digital sold out of hard drives for 2026 as AI demand reshapes storage market

Western Digital CEO Irving Tan confirmed the company is sold out for 2026, with top seven customers securing firm purchase orders. AI data centers now drive 89% of revenue as hard drives see 46% price increases since September 2025. Long-term agreements extend through 2028, leaving consumers facing limited supply.

13 Sources

India plans massive AI data city with $175B investments to close artificial intelligence gap

India is building a vast AI data city in Visakhapatnam to narrow the artificial intelligence gap with the United States and China. The project has secured $175 billion in investment agreements involving 760 projects, including a $15 billion commitment from Google for its largest AI infrastructure hub outside the US and an $11 billion joint venture between Reliance Industries, Brookfield, and Digital Realty.

3 Sources

13 Feb 2026

Cohere beats $240M revenue target with 50% growth, setting stage for IPO against OpenAI

Canadian AI startup Cohere hit $240 million in annual recurring revenue in 2025, exceeding its $200 million target with over 50% quarter-over-quarter growth. The enterprise-focused company now eyes a public market debut, potentially competing with OpenAI and Anthropic for investor attention in what could be a crowded AI IPO market.

3 Sources

Bill Ackman bets $2 billion on Meta's AI investment despite Wall Street's growing concerns

Hedge fund billionaire Bill Ackman has taken a nearly $2 billion stake in Meta, representing 10 percent of Pershing Square's capital. The contrarian bet comes as Wall Street grows anxious over Meta's ballooning AI-related capital expenditures, which could reach $135 billion this year. Ackman believes the market undervalues Meta's long-term AI potential.

2 Sources

Capgemini bets on AI transformation as generative AI bookings hit 10% of quarterly sales

French IT services giant Capgemini exceeded its 2025 revenue target, reaching €22.47 billion, as AI-powered services accelerated in Q4. CEO Aiman Ezzat revealed that generative and agentic AI now account for over 10% of bookings, up from 5% earlier in the year. The company projects 6.5%-8.5% revenue growth in 2026, fueled by AI-led transformation programs and its recent WNS acquisition.

2 Sources

Indian IT Stocks Lose $56 Billion as AI Fears Test Industry's Ability to Adapt

Indian IT stocks have lost $56 billion in market value following Anthropic's release of advanced AI tools, triggering concerns about the future of traditional IT services. Foreign investors pulled out Rs 74,000 crore in 2025, but analysts argue the sector has weathered technological shifts before and can pivot to capture AI integration opportunities worth $300-400 billion.

23 Sources

AI Disruption Fears Tank US Stocks While Asian Chipmakers Surge 12% on Hardware Demand

Wall Street's AI anxiety is reshaping global investment flows. While US stocks decline on fears of business disruption from artificial intelligence, Asian markets have surged over 12% in 2026. Investors are pivoting toward Asian chipmakers like TSMC and Samsung, which dominate the AI supply chain as hardware producers with strong pricing power and surging memory chip prices.

2 Sources

IBM will triple entry-level hiring in 2026 for jobs 'we're being told AI can do'

IBM is tripling entry-level hiring in the U.S. in 2026, bucking industry trends of AI-driven layoffs. The company is redefining these roles to focus on human judgment and customer interaction rather than tasks AI can automate. This strategy aims to build a talent pipeline for future leadership while leveraging younger workers' AI fluency.

12 Sources

Arista Networks raises revenue forecast as AI demand fuels data center networking growth

Arista Networks posted fourth-quarter revenue of $2.49 billion, beating Wall Street estimates of $2.38 billion, and forecast first-quarter revenue of $2.6 billion above analyst expectations. The networking equipment provider raised its 2026 revenue outlook to $11.25 billion with a 25% growth target, driven by surging demand from cloud and AI companies investing heavily in infrastructure. Shares jumped more than 17% in after-hours trading.

3 Sources

JPMorgan Names Guy Halamish COO to Accelerate AI Strategy Across Investment Bank

JPMorgan Chase has promoted Guy Halamish to chief operating officer of its commercial and investment bank with a mandate to accelerate AI rollout. The 20-year veteran will oversee data and AI strategy, appointing chief data and analytics officers across payments, global banking, securities services and markets to maximize AI impact.

3 Sources

Applied Materials projects 20% semiconductor equipment growth as AI demand fuels record results

Applied Materials reported first-quarter earnings that beat analyst expectations, with adjusted EPS of $2.38 on revenue of $7.01 billion. The semiconductor equipment manufacturer projects over 20% growth in 2026, driven by surging demand for AI chips and a worldwide memory shortage. Shares jumped over 12% in extended trading as the company's bullish forecast lifted sentiment across the chip equipment sector.

3 Sources

12 Feb 2026

Check Point acquires three startups for over $150M to strengthen AI security and MSP offerings

Check Point Software Technologies acquired Cyata, Cyclops, and Rotate in Q1 2026 for an estimated $150 million-plus. The cybersecurity vendor aims to lead in end-to-end AI security with Cyata's agent discovery platform, expand exposure management through Cyclops' CAASM capabilities, and accelerate MSP market growth with Rotate's team.

3 Sources

Nebius to build 240MW AI data centre in France, set to become one of Europe's largest facilities

Amsterdam-based Nebius is constructing a massive 240-megawatt data centre near Lille, France, transforming a former Bridgestone tyre plant into one of Europe's largest AI infrastructure facilities. The project will begin delivering capacity by late summer 2025, with half the site operational by end of 2026, as European companies increasingly adopt AI tools.

2 Sources

Real estate stocks plunge as AI disruption fears trigger panic over office space demand

Commercial real estate stocks experienced their worst selloff since 2020, with CBRE Group tumbling 20% over two days as investors worry about AI's potential to slash white-collar jobs and crater office demand. The panic reflects growing concerns that new AI tools from companies like Anthropic could fundamentally reshape labor-intensive business models, though analysts warn the market reaction may be overestimating immediate risks.

6 Sources

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