NEWS

Google expands AI infrastructure in India with $15 billion Visakhapatnam hub and manufacturing plans

Google expands AI infrastructure in India with $15 billion Visakhapatnam hub and manufacturing plans

By Cygnus | 08 May 2026

Google is expanding its India presence with a $15 billion AI hub in Visakhapatnam and plans to explore local manufacturing of servers and hardware.

India hosts global ISO space meet to advance orbital safety and “physical AI” standards

India hosts global ISO space meet to advance orbital safety and “physical AI” standards

By Axel Miller | 08 May 2026

India hosted the ISO space systems plenary in New Delhi, focusing on space debris mitigation, interoperability standards and global space governance.

Mercedes-Benz Trucks opens new Argentina plant with $110 million investment

Mercedes-Benz Trucks opens new Argentina plant with $110 million investment

By Cygnus | 08 May 2026

Mercedes-Benz Trucks and Buses Argentina has inaugurated a new $110 million manufacturing facility in Zárate focused on regional truck and bus production.

Taiwan parliament approves $25 billion defence spending package

Taiwan parliament approves $25 billion defence spending package

By Axel Miller | 08 May 2026

Taiwan’s parliament has approved a NT$780 billion ($25 billion) defence spending package focused on US military systems and defence modernization.

Sony and Nintendo face rising gaming costs amid chip supply pressure

Sony and Nintendo face rising gaming costs amid chip supply pressure

By Cygnus | 08 May 2026

Sony and Nintendo are navigating rising semiconductor, memory and logistics costs as AI demand reshapes the global gaming hardware supply chain.

DRDO tests TARA precision glide weapon system from IAF Jaguar jet

DRDO tests TARA precision glide weapon system from IAF Jaguar jet

By Axel Miller | 08 May 2026

DRDO and the Indian Air Force successfully tested the indigenous TARA glide weapon system designed to convert conventional bombs into precision-guided munitions.

Indian furniture prices rise as raw material and logistics costs climb

Indian furniture prices rise as raw material and logistics costs climb

By Cygnus | 08 May 2026

Indian furniture makers are facing rising raw material, petrochemical and logistics costs, prompting price increases across home interior categories.

Sony, TSMC partner on next-gen image sensor venture in Japan

Sony, TSMC partner on next-gen image sensor venture in Japan

By Axel Miller | 08 May 2026

Sony Semiconductor Solutions and TSMC are partnering on a next-generation image sensor venture in Japan focused on AI, automotive and industrial technologies.

Tata Power, DGPC cross 5 GW milestone with new Bhutan hydro project

Tata Power, DGPC cross 5 GW milestone with new Bhutan hydro project

By Cygnus | 08 May 2026

Tata Power and Bhutan’s DGPC have expanded their hydropower partnership beyond 5 GW with the addition of the 404 MW Nyera Amari project.

Oil prices rebound as US-Iran clashes reignite Hormuz tensions

Oil prices rebound as US-Iran clashes reignite Hormuz tensions

By Axel Miller | 08 May 2026

Oil prices climbed after renewed US-Iran clashes in the Strait of Hormuz raised supply concerns and added fresh volatility to global energy markets.

Stellantis expands Leapmotor EV partnership with new Spain production plans

Stellantis expands Leapmotor EV partnership with new Spain production plans

By Cygnus | 08 May 2026

Stellantis and Leapmotor are expanding EV manufacturing in Spain, with Zaragoza set to build the Leapmotor B10 and Madrid under consideration for future production.

RBC raises S&P 500 target to 7,900 on AI-driven earnings optimism

RBC raises S&P 500 target to 7,900 on AI-driven earnings optimism

By Axel Miller | 08 May 2026

RBC Capital Markets raised its S&P 500 target to 7,900, citing strong AI infrastructure spending, resilient earnings growth and continued technology sector momentum.

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