tech
February 16, 2026
All the important news from the ongoing India AI Impact Summit
India is hosting a four-day AI Summit this week that will be attended by executives from major AI labs and Big Tech, including OpenAI, Anthropic, Nvidia, Microsoft, Google, and Cloudflare, as well as heads of state.
TL;DR
- India is hosting a four-day AI Impact Summit to boost AI investment.
- The summit features executives from OpenAI, Anthropic, Nvidia, Microsoft, Google, and Cloudflare, along with heads of state.
- Alphabet CEO Sundar Pichai, OpenAI CEO Sam Altman, and Anthropic CEO Dario Amodei are among the key attendees.
- India announced a $1.1 billion state-backed venture capital fund for AI and advanced manufacturing startups.
- OpenAI CEO Sam Altman noted India has over 100 million weekly active ChatGPT users, second only to the U.S.
- Blackstone acquired a majority stake in Indian AI startup Neysa for $600 million.
- Bengaluru-based C2i raised $15 million in Series A funding for its data center power solution.
- HCL CEO Vineet Nayyar stated Indian IT companies will prioritize profits over job creation amid AI disruption fears.
- AMD and Tata Consultancy Services (TCS) are collaborating on rack-scale AI infrastructure.
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