AI Watch: OpenAI names India MD, Google caps Meta AI model usage, Oracle slides on debt fears - CNBC TV18

- OpenAI has appointed former Uber India chief Prabhjeet Singh as Managing Director for India, which serves as the company's second-largest market.
- The move comes as India sees significant adoption of OpenAI's technology, with over 100 million weekly ChatGPT users.
- In a separate strategic shift, OpenAI has restricted the rollout of its GPT-5.6 models to selected partners following requests from the US government.
- These developments highlight OpenAI's focus on scaling its leadership in key international markets while navigating regulatory pressures in the United States.
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Shares in chipmakers underpinning AI boom rocket in first half of 2026 | Technology sector
• Shares of chipmakers fueling the AI boom experienced massive growth in the first half of 2026, with some companies seeing their valuations triple. • This surge in semiconductor stock prices has driven a sharp upward trend across Asia Pacific stock markets.
Read original · theguardian.comHow Microsoft is Powering Deeper Financial Insights
• Microsoft has integrated PitchBook's market intelligence into Microsoft 365 Copilot, allowing enterprise users to access specialized financial data directly within their productivity tools. • Users with licenses for both services can use the PitchBook Copilot agent via natural language to summarize research, surface market insights, and build financial models.
Read original · procurementmag.com
Procurement MagazineOpenAI and Korea AI Safety Institute sign high-risk AI evaluation agreement — EdTech Innovation Hub
• OpenAI and South Korea's AI Safety Institute have signed a memorandum of understanding to collaborate on evaluating high-risk artificial intelligence systems. • The partnership focuses on critical safety areas, including cybersecurity testing, Korean-language model evaluation, and the development of internationally applicable AI safety benchmarks.
Read original · edtechinnovationhub.com
EdTech Innovation Hubteiss - News - Regulators warn AI risks are growing as concerns mount over visibility into advanced models
• Financial regulators are increasing their scrutiny of artificial intelligence as the development of more powerful models creates new operational risks. • Key concerns center on a lack of transparency and visibility into advanced AI systems, making it difficult for authorities to maintain effective oversight.
Read original · teiss.co.uk
teissSouth Korea announces more than $1 trillion AI, chip investment drive | Technology News
• South Korea has announced a massive investment drive exceeding $1 trillion to bolster its artificial intelligence and semiconductor industries. • President Yoon Suk Yeol framed the initiative as a critical "race against time" to ensure the nation maintains a dominant position during the global AI boom.
Read original · aljazeera.comSouth Korea unveils over $1 trillion AI and chip investment plan - Sigmalive English
• South Korea has unveiled a massive AI and semiconductor strategy involving investments exceeding $1 trillion. • The plan focuses on developing advanced AI capabilities through significant funding for semiconductor production and the construction of new data centers.
Read original · en.sigmalive.com
Sigmalive EnglishAsian shares are mixed as tech stocks fall in Japan and South Korea
• Asian stock markets showed mixed results following a significant sell-off in technology shares on Friday. • Hong Kong’s Hang Seng index rose 2.1% to 23,153.89, and the Shanghai Composite index increased by 0.2% to 4,034.08.
Read original · independent.co.uk
The IndependentSouth Korea announces massive $576 billion AI-chip investment - The Hindu
• South Korea has announced a massive $576 billion investment plan focused on the development and production of AI chips. • The initiative aims to secure global leadership in the semiconductor industry and stimulate regional economic growth.
Read original · thehindu.comAmazon's $13B India Bet Makes India the Backbone of Global AI - Memeburn
• Amazon has increased its investment in India's AI infrastructure by $13 billion, bringing its total projected spending to $48 billion by 2030. • This massive capital injection aims to establish India as a central backbone for global AI development and infrastructure.
Read original · memeburn.com
MemeburnSouth Korea plans massive $576bn AI-chip bet to challenge global rivals
• South Korea announced a massive investment plan exceeding $576 billion to develop AI chips and mega-projects. • President Lee Jae Myung pledged these funds to secure overwhelming industry leadership and challenge global rivals in the semiconductor sector.
Read original · thenews.com.pk
The NewsWhy A Global Chip Selloff Has UK AI-Linked Shares In The Spotlight Today
• A global selloff in US tech and semiconductor stocks has spilled over into the London market, putting pressure on UK AI-linked shares. • Companies such as ARM and Sage are currently in the spotlight as investors react to the volatility in the chip sector.
Read original · kalkinemedia.comHow the AI boom exposes investors to risk, while a downturn could see a sharp crash: BIS
• The Bank for International Settlements (BIS) warned in its annual economic report released Sunday that the AI investment boom is creating significant systemic risks. • Funding is increasingly flowing through loosely regulated non-bank channels, including hedge funds and private credit vehicles, rather than traditional banking systems.
Read original · scmp.com