Artificial Intelligence
Microsoft has withdrawn from an agreement to use a planned £2 billion AI data centre being built by Nscale in Loughton, Essex, after grid operators reportedly said the site would not get enough power until the early to mid-2030s. Nscale says it remains committed to the project and its relationship with Microsoft is strong.
Aravind Kumar
Author
Confido Health, founded by Chetan Reddy and Vichar Shroff, has raised $12.5 million led by Z47 to scale AI agents that handle scheduling, insurance verification and care coordination for more than 1,500 US care sites.
Shamrock AI, an enterprise AI startup headquartered in Shillong, Meghalaya, has raised a $5 million seed round led by Endiya Partners to build an "agentic assurance" platform that tests and validates AI agents across critical business processes.
Nvidia is taking minority stakes in four French AI companies, Doctolib, Genesis AI, Pigment and Entalpic, as chief executive Jensen Huang promised $2 billion in new European AI deals on top of the $8 billion invested on the continent over the past year.
Harmonic Security, founded by the team behind Digital Shadows, has raised an oversubscribed $50 million Series B led by Crosspoint Capital Partners to help enterprises see and control what employees share with AI tools, rather than blocking them outright.
IBM and MeitY Startup Hub have signed an MoU giving Indian deeptech startups access to watsonx, quantum computing, hybrid cloud and IBM's enterprise network, along with mentorship and proof-of-concept projects, with a focus on founders from Tier 2 and Tier 3 cities.
Meta Superintelligence Labs has launched Muse Wonder and Muse Wonder Full, its first frontier AI models, claiming benchmark performance comparable to top rivals and leadership on memory, with API pricing of $4 per million input tokens.
Microsoft vice chair and president Brad Smith has called AI both “a weapon and a tool”, said milk and washing machines face more oversight than AI companies, and argued that the UK, not the US or EU, is best placed to lead on global safety rules.
The US AI cloud provider will be the sole tenant of three 80 MW buildings at AdaniConneX's Taloja campus, with an option to double capacity to 480 MW and Nvidia Vera Rubin systems due from mid-2028.