The construction spending on data centres in the US surpassed general office construction spending for the first time. According to the latest US Census Bureau report, data centre construction spending reached an annual rate of over $45 billion in December 2025. In comparison, the spending on general office construction stood at around $43 billion.

A day after Netflix withdrew its name from the bidding war for Warner Bros Discovery, Paramount has finalised its bid to acquire the studio and its assets. Warner Bros Discovery has agreed to be acquired by Paramount Skydance in a $110 billion deal. The deal, with equity value of $81 billion, is expected to close in third quarter of 2026.

OpenAI has secured $110 billion in fresh funding at a $730 billion pre-money valuation, marking the largest funding round for any AI startup to date. The round, which is still open, includes $30 billion from SoftBank, $30 billion from NVIDIA, and $50 billion from Amazon. In March 2025, OpenAI had raised $40 billion at a $300 billion valuation.

The US Under Secretary of War for Research and Engineering, Emil Michael, shared a timeline of events after Anthropic claimed it hadn't "received direct communication from the Department of War" about its designation as a supply chain risk. Michael claimed that he tried to reach Anthropic CEO Dario Amodei over email and phone multiple times, but to no avail.

India and the European Union have agreed to grant each other 'Most Favoured Nation' (MFN) status for five years, according to the draft text of the pact. This means that the listed sectors, services and service suppliers of each Party will be treated at least as well as those from any other country, with certain limits and conditions.

Deepinder Goyal’s wearable startup Temple has raised $54 million at a $190 million valuation, with backing from Peak XV, Steadview, Vy Capital and others. Goyal invested ₹104 crore personally. The company is developing a head-worn device to measure cerebral blood flow in real time, targeting high-performance health users.

Warner Bros. Discovery CEO David Zaslav expressed excitement about joining Paramount after calling their $111 billion offer superior. This follows Netflix stepping away from the bidding war. Zaslav told employees the merger could create a "great company" after a thorough review process that evaluated the best value for shareholders.

Ex Zomato CEO Deepinder Goyal announced he has raised $54 million (₹491 crore) for 'Temple', neurotech wearable startup. The funds were raised at a post-money valuation of about $190 million (approximately ₹1,730 crore). "Every investor in this round is a founder friend or early-stage Zomato investor who wanted in, whether or not Temple ever makes it to market," Goyal said.

Sam Altman voiced support for rival Anthropic's stance on military AI safeguards, opposing mass surveillance and autonomous weapons. Despite backing these red lines, Altman said OpenAI is discussing a potential Pentagon deal. He aims to de-escalate tensions between the AI industry and the government to avoid setting dangerous precedents.

KORE Group Holdings stock surged nearly 80% pre-market after agreeing to be acquired by Searchlight Capital and Abry Partners. The all-cash deal values the company at $726 million, or $9.25 per share, representing an 85% premium. KORE will be taken private and continue focusing on its Internet of Things portfolio.