Google plans an initial $10 billion investment in AI startup Anthropic, with the overall deal potentially scaling to $40 billion. The move is meant to deepen ties as Anthropic’s AI tools face soaring demand. Google also wants to gain traction for its chips and cloud services, underscoring how aggressively tech giants are competing to lead the AI race.
Infosys says it has completed its acquisition of Stratus, a U.S. technology solutions provider focused on property and casualty insurance. With more than 450 professionals and deep Guidewire expertise, Stratus will combine with Infosys’ Topaz AI and Cobalt cloud offerings to accelerate modernization, cloud adoption, and AI-driven improvements in underwriting, claims, fraud detection, and customer experience.
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Tech Mahindra posted steady quarterly results, buoyed by a major Europe deal with Orange that analysts say may unlock future revenue. The firm is also backing AI startups via cloud services, even as it continues cost restructuring through headcount reductions. Investors are now focused on management guidance for FY27, with the dividend yield adding extra pull.
After years of restraint, Indian IT companies are moving from cautious scouting to active M&A, spurred by rising AI pressure. A more acquisitive TCS is leading the shift, while ER&D is increasingly viewed as value buying. In 2026, AI-linked cloud assets are expected to drive deals, with ambitious mid-tier firms gaining momentum over top-tier giants.
Bain Capital is reportedly preparing to offload at least 40% of Singapore-based Bridge Data Centres, with the firm valued at $5 billion. The stake sale is tied to accelerating data-centre investment across Asia, fueled by demand for cloud and digital services. Buyers’ indicative bids are expected by mid to late next month, setting up a fast-moving process.
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