Nvidia has disclosed a $21 billion stake in Elon Musk's SpaceX, comprising 122.8 million Class A shares acquired through its earlier $10 billion investment in xAI, which SpaceX absorbed in a $1.25 trillion acquisition in February — making the position Nvidia's second-largest equity holding after Intel.
IBM has announced a strategic partnership with OpenAI to embed frontier models including GPT-5.6, alongside Codex and ChatGPT Work, into IBM Consulting Advantage — creating a dedicated OpenAI Practice and joining OpenAI's Elite partner tier as the companies target enterprise AI deployment across finance, government, telecom and retail.
Honeywell Technologies is expanding its India education and skilling programmes through new partnerships with IIT Bombay, BharatCares, the Ladli Foundation and an IISc-Bengaluru affiliate, building on a decade of work that has already reached 1.3 million beneficiaries.
The Industrial Transition Accelerator has selected 11 Indian clean-industry projects — led by Jindal Steel, JSW Steel, ACME Group, Yamna, Circular Urban Energy and ReNew — representing more than $18 billion in potential investment and an estimated 7.8 million tonnes of annual carbon abatement.
Bengaluru-based electric mobility startup Yulu has raised $93 million in what it expects to be its final equity round before a public listing, aiming to quadruple its fleet to 200,000 electric two-wheelers as India's quick-commerce platforms drive surging demand for on-demand delivery mobility.
Zetwerk Manufacturing has filed an Updated Draft Red Herring Prospectus with SEBI for a ₹2,600 crore fresh issue, alongside an offer for sale by promoters and marquee backers including Peak XV, Accel and Lightspeed, as the B2B contract-manufacturing platform edges closer to listing on the BSE and NSE.
Tourism Malaysia has extended its 'Visit Malaysia' promotional campaign through 2027 and convened 47 Malaysian tourism stakeholders in Chennai, Mumbai and New Delhi as part of a renewed push to court Indian travellers, one of the country's fastest-growing source markets.
British Future director Sunder Katwala has been appointed to the board of the UK's National Lottery Community Fund for a four-year term, joining Cancer Research UK chief executive Michelle Mitchell in overseeing an organisation that distributes hundreds of millions of pounds to communities each year.
Vascular biology researcher Ravi Komaravolu has joined the editorial board of Arteriosclerosis, Thrombosis, and Vascular Biology, one of the American Heart Association's flagship journals, extending Indian-origin representation in US cardiovascular research leadership.
UNC Charlotte has renamed its Department of Physics and Optical Science the Ishwar Aggarwal Department of Physics and Optical Science, marking the first time a sitting faculty member has personally endowed an academic department at the university.