Axis Max Life Insurance has opened a new digital capability centre in Noida to build out its tech, data and AI work. It brings together software, data, cloud and AI teams under one roof.
The centre starts with about 120 tech professionals and can grow over time. The insurer wants to run its key platforms in-house and make faster, data-driven decisions.
CTO Mukul Jain called it a strategic investment. The company expects quicker product releases and smoother customer journeys in the coming years.
Sachin Tendulkar has taken a non-controlling stake in Recykal, the Indian waste management technology firm.
His investment extends the $23 million round Recykal closed in June. The company will use the money to strengthen its tech platform, expand its Deposit Return System for packaging waste, and grow internationally.
Recykal's goal is to change the habits of a billion people, and Tendulkar said he was drawn in by how technology tackled a daily problem.
SpaceX plans to invest more than $74 billion across two AI supercomputing campuses, one in Texas and one in Arizona.
The Texas facility at Starbase, estimated at over $24 billion, will sit on about 444 acres near Brownsville and generate its own power off the public grid. The project has already created over 3,000 construction jobs.
The roughly $50 billion Arizona campus in Cochise County could scale up to 6 gigawatts, though it still needs county approvals. The Starbase city commission will weigh a property tax break for the Texas project on December 9.
