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Finance Minister Nirmala Sitharaman added that this measure will make India a global leader in services with a 10% global share by 2047.
The Finance Minister highlighted the strong response to the electronics components manufacturing scheme, launched in April 2025 with an outlay of Rs 22,919 crore. The scheme has already attracted investment commitments at nearly double its original targets, reflecting rising investor confidence in India’s electronics manufacturing ecosystem.
Sitharaman said new technologies are enhancing production but at the same time, increasing demand for water and energy sharply
The announcements come amid growing global competition for semiconductor investments and as India positions itself as an alternative manufacturing hub in the wake of supply chain disruptions and geopolitical uncertainties.
Bloomberg journalist Mark Gurman says Apple is deeply reliant on Anthropic for its internal AI development, with custom versions of Claude running on Apple’s own servers. The comments shed new light on why Apple explored an Anthropic partnership before finalising its lower-cost AI deal with Google.
Instagram is developing a feature that would allow users to remove themselves from another person’s Close Friends list. The tool is still in early development, but it could address a long-standing limitation of the feature and bring Instagram closer in line with rivals like Snapchat.
OpenAI CEO Sam Altman has acknowledged that the company made a mistake with GPT-5.2 by deprioritising writing quality in favour of technical capabilities. Speaking during a recent internal town hall, Altman said user feedback made it clear that the model’s writing feels harder to read and less natural than GPT-4.5, and promised improvements in future GPT-5.x releases.
Apple has lost several more artificial intelligence researchers and a senior Siri executive in recent weeks, according to a new report. The departures add to mounting concerns around talent retention inside Apple’s AI organisation, particularly as rivals like Google and Meta accelerate their own AI ambitions.
Google’s latest Android distribution data shows Android 16 running on 7.5% of active devices. The figures reflect a noticeable reshuffle compared to the previous update, with Android 15 now leading overall usage and older versions continuing to fade from the list.
Spotify has begun rolling out group chats, allowing users to share podcasts, playlists, and audiobooks with up to 10 people. The feature builds on Spotify’s existing messaging tools and reflects the company’s ongoing push to make its streaming platform more social.
Microsoft CFO Amy Hood has shared an internal memo with employees following the company’s latest earnings, highlighting strong financial performance, massive AI-driven cloud growth, and strategic investments. The note specifically calls out the GitHub Copilot SDK and the debut of the Maia 200 AI chip as key signals of Microsoft’s direction in AI software and hardware.
A Delhi man is in critical condition after taking HIV preventive drugs based on AI advice, leading to a rare and serious drug reaction, doctors say.
Nvidia has reaffirmed its long-term commitment to the Shield TV platform, promising continued software updates and ongoing production. While there are no confirmed plans for new hardware, the company says future Shield TV models are still a possibility if the right idea comes together.
AI agents now have their own social network called Moltbook, where they are chatting, venting, and gossiping about humans while people watch from the sidelines.
Say “Hey Siri, Lumos” and your iPhone’s torch turns on instantly. We tried this simple voice command, explained why it works, and what Lumos actually means.
Google has started rolling out Project Genie, an experimental feature powered by its Genie 3 world model, to AI Ultra subscribers in the US. The tool lets users generate short, playable, photorealistic worlds from text descriptions, highlighting Google DeepMind’s broader push towards general-purpose world models for AGI research.
Google has effectively phased out the app-style interface on Nest Hub smart displays. What began as a convenience feature in 2021 has now almost entirely vanished, with only a handful of services still visible. The change appears gradual rather than sudden, but it signals yet another simplification of Google’s smart display experience.
Apple has rolled out a new security feature on select iPhones and iPads that reduces the precision of location data shared with mobile carriers. The change aims to limit exposure to surveillance by law enforcement, hackers, and intelligence actors, while leaving app-level location sharing and emergency services unaffected.
Microsoft has started deploying its first in-house AI chip, Maia 200, but CEO Satya Nadella says the company will continue buying AI hardware from Nvidia and AMD. Despite strong performance claims, Microsoft sees custom silicon as a complement rather than a replacement as AI demand and supply constraints persist.
A new platform called Moltbook which enables AI assistants to interact independently, has exploded to nearly 147,000 agents in just 72 hours, raising questions about autonomous AI behavior
OpenAI’s Sora app burst onto the App Store charts after launch, but new data shows declining downloads and consumer spending as interest cools. Increased competition, tighter copyright controls, and fading novelty appear to be weighing on the AI video platform’s growth.
Nvidia CEO Jensen Huang has confirmed that US approval for selling the H200 AI chip to China is in place, but exports are still pending a decision from Beijing. While Huang described the H200 as beneficial for both US technology leadership and the Chinese AI market, uncertainty remains over whether Chinese firms will be able to convert conditional clearances into firm orders.
Apple has announced changes to App Store pricing and developer proceeds across nine countries, citing updated tax regulations and exchange rate adjustments. The revisions take effect immediately, with additional pricing changes scheduled for Mauritius later in February.
Apple has expanded AirTag’s Precision Finding feature to the Apple Watch with AirTag 2, allowing users to locate lost items directly from their wrist. While the feature is powerful and convenient, setting it up is not as intuitive as expected and requires a quick detour through Control Center.
Fresh dealer data suggests Samsung will raise prices for parts of the Galaxy S26 lineup, driven largely by rising memory costs. However, the Galaxy S26 Ultra could launch at a lower price than its predecessor, creating an unusual pricing structure across the range.
