Figma to Offer Local Data Hosting in India, Announces New Governance Tools for Enterprises

President Trump has granted Nvidia permission to sell its H200 artificial intelligence chips to approved customers in China, lifting a previous export ban due to national security concerns. This decision includes a 25% surcharge on sales, marking a significant policy shift in U.S.-China tech relations.

ElevenLabs achieved a remarkable milestone by adding $14 million in annual recurring revenue (ARR) in just one day, highlighting the company's rapid growth in the artificial intelligence sector. This significant increase reflects the increasing demand for AI solutions and services in various industries.

Microsoft has announced a significant investment of $17.5 billion aimed at advancing artificial intelligence (AI) initiatives in India, marking its largest investment in Asia to date. This commitment is part of Microsoft's broader strategy to enhance its AI capabilities and support the growing tech ecosystem in India.

India is taking steps to regulate artificial intelligence (AI) training conducted by major companies like Google and OpenAI, reflecting a growing concern over the implications of AI technologies on society. This move is part of a broader initiative to ensure that AI development aligns with national interests and ethical standards.

AI technology is being explored for its potential to monitor air quality, which could significantly impact public health by providing real-time data on pollutants and allergens in the environment. This innovation aims to enhance awareness and proactive measures against air pollution-related health issues.

Setu has launched an innovative Agentic Bill-Payments System designed to alleviate the stress associated with monthly billing, addressing common concerns such as the fear of incorrect payments and the hassle of managing multiple bills. This new system aims to streamline the payment process for users, enhancing their overall experience.

Anthropic has acquired Bun, a JavaScript and TypeScript runtime, to enhance its AI capabilities, particularly for its coding tool, Claude Code, which has recently reached a valuation of $1 billion. This acquisition is part of Anthropic's strategy to solidify its infrastructure and improve monetization plans for Bun.

Tata and Intel have formed an alliance to develop a silicon and compute ecosystem in India, focusing on the manufacturing and packaging of Intel products at Tata Electronics' upcoming facilities. This collaboration aims to enhance India's semiconductor capabilities and foster local production.