New Delhi, July 7 (IANS) India has improved its position by two ranks to become the world’s 11th largest recipient of foreign direct investment (FDI), with inflows surging nearly 44 per cent to $38.89 billion in 2025, according to the United Nations Conference on Trade and Development’s (UNCTAD) ‘World Investment Report’ released on Tuesday.The country was placed at the 13th position among global FDI recipients in 2024, with inflows of $27.09 billion.“India continued to strengthen its posi…
Latest Alphabet News & Updates
New Delhi, July 2 (IANS) US-based technology giant Google on Thursday lost its long-running legal challenge against a 4.1-billion euro (about $4.7 billion) European Union antitrust fine after the bloc’s highest court upheld the penalty over the company’s Android business practices.The European Court of Justice (ECJ) has dismissed the appeal filed by Google and its parent company, Alphabet, against an earlier ruling by the EU’s General Court, effectively confirming the reduced antitrust fine impo…
New Delhi, June 6 (IANS) Elon Musk’s SpaceX said that Google’s parent company Alphabet has agreed to pay it $920 million a month for computing capacity under a cloud services contract that runs from October 2026 through June 2029.The total monthly fee amounts to roughly $30 billion over the life of the agreement, according to an exchange filing in the US. The contract gives Google access to 110,000 Nvidia graphics processing units as well as central processing units, memory and related compone…
New Delhi, May 31 (IANS) Sridhar Vembu, founder and chief scientist of Zoho Corporation, has cautioned that soaring valuations of some of the world’s largest technology companies, fuelled by investor enthusiasm around artificial intelligence (AI), exhibit characteristics of a market bubble that could eclipse the dot-com era.In a post on social media platform X, Vembu highlighted the price-to-sales ratios of major technology firms, arguing that current market valuations appear increasingly detach…
New Delhi, May 8 (IANS) Alphabet-owned Google is exploring fresh investments in India focused on artificial intelligence (AI) infrastructure and the local manufacturing of servers and drones, Union Minister Ashwini Vaishnaw said on Friday.Sharing details of his meeting with Google executives on social media platform X, Vaishnaw said the company is evaluating opportunities across AI infrastructure development as well as electronics manufacturing in India.“Google is exploring investments in Indi…
New Delhi, March 7 (IANS) Google, a wholly-owned subsidiary of Alphabet, has raised CEO Sundar Pichai’s total potential compensation to $692 million over the next three years, making him one of the highest-paid executives globally, the Financial Times reported on Saturday.The bulk of the package comes from performance stock units (PSUs) valued at $126 million, split evenly into two tranches, the report mentioned.These PSUs are linked to Alphabet’s total shareholder return relative to the S&a…
New Delhi, March 2 (IANS) Over $200 billion in AI-related investments are expected across infrastructure, foundation models, hardware and applications, as the ‘India AI Impact Summit 2026’ concluded with the adoption of forward-looking commitments and strategic partnerships that advance a shared global vision for responsible, inclusive and development-oriented artificial intelligence, an official statement said on Monday.While Adani Group announced plans to invest $100 billion by 2035, Relia…
Ahmedabad, Feb 22 (IANS) Google CEO Sundar Pichai was among the high-profile attendees in the 2026 ICC Men’s T20 World Cup Super Eights clash between India and South Africa at the Narendra Modi Stadium on Sunday evening.Pichai, who heads Google and its parent company Alphabet joined ICC Chair Jay Shah in the stands for one of the tournament’s marquee fixtures which is also a rematch of the 2024 edition final. Pichai was also part of the pre-match proceedings, carrying the T20 World Cup troph…
New Delhi, Feb 22 (IANS) Global technology giants have pledged to invest hundreds of billions of dollars into artificial intelligence initiatives linked to India, as the country hosted a major AI summit that brought together world leaders and top industry executives.The surge in commitments comes at a time when governments and companies worldwide are racing to expand their AI capabilities.Global hyperscalers such as Amazon, Microsoft, Meta and Alphabet are expected to spend as much as $700 billi…
New Delhi, Feb 19 (IANS) Alphabet and Google CEO Sundar Pichai on Thursday told world leaders that artificial intelligence (AI) is the technology that inspired him the most and represented the “biggest platform shift of our lifetimes”.”No technology has me dreaming bigger than AI. It is the biggest platform shift of our lifetimes. We are on the cusp of hyper progress and new discoveries that can help emerging economies leapfrog legacy gaps,” Pichai said during the opening ceremony of the ‘…