Jefferies believes the AI investment boom may be past its high point, or heading into a mid-cycle correction, as borrowing costs rise.
Microsoft, Amazon, Alphabet and Meta lifted their combined capital spending 108% year on year to $202 billion in Q3 2026. Worries over funding and profits could leave 2027 spending below the $1.04 trillion analysts currently expect. AI investment accounted for 67% of the 2.1% US GDP growth in the four quarters to Q3 2026.
Indian Entrepreneur@indianentrepreneurSachin 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.
Indian Entrepreneur@indianentrepreneurIndia had over 2.5 lakh startups by October 2026, more than half outside major cities, a Grant Thornton Bharat and IVCA report finds.
Domestic venture funding doubled in 2025 to $5.4 billion, yet seed-stage deals fell 37% in the first nine months of 2026.
Indian Entrepreneur@indianentrepreneurSpaceX 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.
Indian Entrepreneur@indianentrepreneurGoogle has launched Gemini 4 Hydrogen, an AI model that finishes tasks about 2.5 times quicker than the earlier Gemini 3.8 Flash.
It offers four reasoning levels and aims to speed up routine AI work, coding, and multi-step agent tasks.
Indian Entrepreneur@indianentrepreneurEU leaders are convening in Dublin on Friday for their inaugural AI summit.
The aim is to close the gap with the US and China while working through funding and regulatory questions.
