NEWS

The concrete cloud: India’s $250 billion bet on the physical foundations of AI

The concrete cloud: India’s $250 billion bet on the physical foundations of AI

By Cygnus | 23 Feb 2026

India pivots to AI's physical layer with $250B in pledges for chips and data centers to lead the new era of 'Agentic Commerce.' Read the full report.

EnQuest flags lower 2026 output after North Sea storm disrupts Magnus field operations

EnQuest flags lower 2026 output after North Sea storm disrupts Magnus field operations

By Cygnus | 23 Feb 2026

EnQuest expects lower 2026 production after storm damage to a key North Sea platform caused a multi-week outage at its Magnus field.

Ex-Amazon executive Doug Gurr named permanent chair of UK antitrust regulator

Ex-Amazon executive Doug Gurr named permanent chair of UK antitrust regulator

By Axel Miller | 23 Feb 2026

The UK government has appointed former Amazon executive Doug Gurr as permanent chair of the Competition and Markets Authority, pending scrutiny.

Saudi Aramco begins Jafurah condensate sales to U.S. majors and Indian refiner ahead of first exports

Saudi Aramco begins Jafurah condensate sales to U.S. majors and Indian refiner ahead of first exports

By Cygnus | 23 Feb 2026

Saudi Aramco has started selling condensate from its Jafurah gas project to global buyers, marking a step toward commercial exports.

EU warns U.S. against tariff hikes after court ruling, says trade pact must be honored

EU warns U.S. against tariff hikes after court ruling, says trade pact must be honored

By Axel Miller | 23 Feb 2026

The EU warned the U.S. against raising tariffs after a court ruling, urging Washington to honor the transatlantic trade agreement and provide clarity.

OpenAI eyes $600 billion compute spending through 2030 as AI infrastructure race accelerates

OpenAI eyes $600 billion compute spending through 2030 as AI infrastructure race accelerates

By Cygnus | 23 Feb 2026

OpenAI is projected to spend about $600 billion on computing infrastructure by 2030, underscoring the rising costs of scaling advanced AI systems.

New U.S. cybersecurity rules raise compliance hurdles for small defense suppliers

New U.S. cybersecurity rules raise compliance hurdles for small defense suppliers

By Axel Miller | 20 Feb 2026

New Pentagon cybersecurity rules under the CMMC framework are raising compliance costs for small defense suppliers, potentially affecting supply chain dynamics.

Amazon cloud faces scrutiny after report links December outages to AI tool errors

Amazon cloud faces scrutiny after report links December outages to AI tool errors

By Cygnus | 20 Feb 2026

Amazon Web Services faced scrutiny after a report linked December outages to AI tool errors, though AWS said misconfigured access controls were to blame.

Tesla cuts Cybertruck prices, launches cheaper variant to revive pickup demand

Tesla cuts Cybertruck prices, launches cheaper variant to revive pickup demand

By Axel Miller | 20 Feb 2026

Tesla introduced a $59,990 Cybertruck and cut the Cyberbeast price to $99,990, signaling a push to boost demand in an increasingly competitive EV market.

OpenAI’s $30 billion funding push set to boost Nvidia chip demand as AI race intensifies

OpenAI’s $30 billion funding push set to boost Nvidia chip demand as AI race intensifies

By Cygnus | 20 Feb 2026

OpenAI is expected to use part of its $30 billion funding round to buy Nvidia chips, underscoring the growing importance of AI computing infrastructure.

Modi’s AI unity moment highlights rivalry between OpenAI and Anthropic leaders

Modi’s AI unity moment highlights rivalry between OpenAI and Anthropic leaders

By Axel Miller | 19 Feb 2026

A symbolic unity gesture at India’s AI summit drew attention after OpenAI’s Sam Altman and Anthropic’s Dario Amodei declined to join hands on stage.

Indian brokers urge pause on tighter bank lending rules amid liquidity concerns

Indian brokers urge pause on tighter bank lending rules amid liquidity concerns

By Cygnus | 19 Feb 2026

India’s broker lobby has urged a six-month delay to new RBI lending rules, warning tighter norms could reduce market liquidity and raise trading costs.

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