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SoftBank Sells its Nvidia Stake for $5.8 Billion to Fund AI Bets
Summary: On November 11, 2025, SoftBank Group Corp. announced it had sold its entire stake in Nvidia Corp., generating about $5.8 billion in proceeds. The Japanese tech investment giant is redirecting the funds to support ambitious artificial intelligence (AI) projects and strategies, including expansive data-center builds and major investments in AI startups like OpenAI. The move reflects founder Masayoshi Son’s aggressive pivot toward building out AI infrastructure and capabilities rather than holding passive equity positions, though it also drew market concern about high AI valuations and investor nervousness.
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AI-driven cybercrime threatens India’s $5 trillion dream
Summary:India’s ambition to become a $5 trillion economy is under threat from AI-powered cybercrime, as sophisticated hackers increasingly use artificial intelligence to exploit weak digital defenses. According to cybersecurity firm CrowdStrike’s latest Asia Pacific eCrime report, India is now a major target for AI-enabled attacks, with ransomware groups like FunkLocker and KillSec disproportionately targeting Indian organizations.
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Microsoft to invest $17.5 billion for India’s AI-first future, CEO Nadella says
Summary: Microsoft CEO Satya Nadella announced a major investment of $17.5 billion in India—its largest ever commitment in Asia—to support the country’s AI-first future. The investment, planned over the next four years (2026–2029), will focus on building cloud and AI infrastructure, expanding data centers, developing sovereign cloud capabilities, and bolstering workforce skills in artificial intelligence. Nadella shared the announcement on social media and thanked Prime Minister Narendra Modi for discussions on India’s AI opportunities. This investment builds on an earlier $3 billion commitment and positions Microsoft as a key partner in India’s rapidly growing digital economy, which has attracted record global tech investments.
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E-Invoicing Could Unlock Over ₹30,000 crores for the Indian Economy, Save Firms ₹1.09 crores annually
Summary: A new Avalara study with Cebr reveals that full-scale adoption of e-invoicing in India could unlock ₹32,036 crores annually and save the average business ₹1.09 crores each year. India leads globally with 80% of invoices received and 70% issued electronically, surpassing global averages. Despite this, MSMEs and smaller firms lag behind, limiting systemic benefits. Currently, 64% of businesses use e-invoicing mainly for tax reporting rather than partner collaboration. The report notes high exposure to tax fines and fraud in India, highlighting the need for deeper integration. Globally, e-invoicing offers massive gains, with a combined opportunity of ₹53 lakh crores across six markets, cutting fraud, speeding payments, and saving significant processing time.
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Aadhaar face authentication hits all-time high of 19.36 cr transactions in July
Summary: Aadhaar face authentication hit a record 19.36 crore transactions in July 2025, up sharply from 5.77 crore a year earlier, marking strong adoption across services. July also saw the highest-ever single-day usage with 1.22 crore transactions on July 1. Over 150 government bodies, financial institutions, telecoms, and oil companies are using this AI-based solution for secure, contactless authentication. It has been integrated into welfare schemes like NSAP, where 13.66 lakh beneficiaries verified themselves, and adopted in all 850 medical colleges for attendance, as well as in recruitment exams by SSC and RRB. In total, UIDAI recorded 221 crore Aadhaar authentications in July, alongside 39.56 crore e-KYC transactions, reflecting Aadhaar’s growing role in welfare delivery and digital services.
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Indian IT recovery at risk from US tariffs
Summary: India’s IT sector faces a fragile recovery as recently imposed 25% U.S. tariffs threaten to dampen growing momentum. While the tariffs don’t directly target IT services, they may curb discretionary tech spending among U.S. clients amid rising input costs and economic uncertainty—factors already weighing on the sector. EY India’s Nitin Bhatt cautions that these ripple effects could reshape cross-border pricing and delivery, calling on firms to pivot toward hybrid delivery models, geographic diversification, and AI integration to remain resilient and lead in a fragmented global landscape. Indian IT firms are maintaining caution amid macroeconomic headwinds, supply chain concerns, and cautious client decision-making.
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