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| 1GW data center: Mukesh Ambani’s Reliance Industries will, together with partners, invest $11 billion by 2030 for developing a data center in southern India. The plan is for a 1-gigawatt campus of AI-native data centers in Visakhapatnam in the southern state of Andhra Pradesh. Humanoid bubble: China’s top economic-planning agency expressed concern about a potential bubble of over-investment in humanoid robotics, in a rare official warning. The country has seen an explosion of startups working on the technology, with more than 150 makers of humanoids. Nexperia problems persist: Nijmegen-based Nexperia penned an open letter to its Chinese subsidiary seeking cooperation on bringing production and deliveries back on track. The Chinese-owned Dutch company said its customers face imminent production halts without its essential chips. | |
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| Quantum Systems, a German drone maker backed by Peter Thiel, tripled its valuation to €3 billion ($3.5 billion) in a new funding round. The startup plans to increase production capacity of unmanned aerial systems with the new €180 million from investors including Balderton Capital. | |
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| Amazon.com Inc. is facing an increasing challenge from AI agents and search services helping consumers find products without searching, writes Bloomberg’s Spencer Soper in today’s Tech In Depth essay. The quandary for the company is, as those tools rise in popularity, whether to allow them on its platforms or shun them and risk online shoppers going elsewhere. | |
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