Meta has signed a deal with Overview Energy to power data centres with solar energy. The startup is developing infrastructure to collect solar energy in space and beam the infrared light to solar farms, which can power data centres at night. The deal will grant Meta early access to about 1 gigawatt of capacity from the systems, Reuters reported.

Insurtech firm Acko Insurance is targeting a valuation between $2 billion and $2.5 billion in its planned IPO, Moneycontrol reported. The firm will reportedly file its draft IPO papers in coming months and is eyeing a listing in early 2027. Acko has appointed ICICI Securities, Morgan Stanley and Kotak Securities as the bankers to manage the listing, the report said.

OpenAI may be building an AI-first phone with chipmakers MediaTek, Qualcomm and components manufacturer Luxshare, several reports said. The device, which may enter mass production in 2028, will not require users to jump between multiple apps to finish tasks, Times Now reported. Earlier, OpenAI CEO Sam Altman said that it had finished its first prototypes for hardware devices.

A US banker is looking to exchange his 14-acre estate for the shares of AI firm Anthropic. The banker in a LinkedIn post said he would allow the equity holder to retain 20% of future gains of the exchanged shares before they can be legally transferred. Business Insider had earlier reported that Anthropic's valuation is nearing $1 trillion.

A former Meta and Salesforce executive, Clara Shih, launched the New Work Foundation to help Gen Z adapt to an AI-driven job market. The initiative offers tools like Field Report and JobClaw, which provide insights into career paths and match roles based on skills and interests. Shih said job seekers must learn to effectively use AI agents for staying competitive.

WeWork India is witnessing rising interest in its monthly 'All Access Plus' membership among SMEs & startups, says WeWork India. The membership provides access to 50+ centres across eight Indian cities and 400+ locations globally, without long-term commitments. The membership combines networking opportunities with amenities like high-speed WiFi, meeting rooms & ready-to-use office infrastructure.

Temasek-backed OnEMI Technology Solutions, which operates the digital lending platform Kissht, is set to launch its ₹926-crore maiden public issue for subscription on April 30. The price band for the offer, which closes on May 5, has been fixed at ₹162-171 per share, valuing the company at ₹2,881 crore. The one-day IPO anchor book will be opened on April 29.

Indian drugmaker Sun Pharma has agreed to acquire US-based healthcare firm Organon in one of India's biggest outbound deals. Sun Pharma will pay $14 per Organon share in cash, giving it an enterprise valuation of $11.75 billion, according to a statement. Sun Pharma plans to fund the acquisition through a combination of available cash resources and committed financing from banks.

Axis Finance has secured ₹750 crore in primary capital from private equity firm Kedaara Capital for a 5.08% stake, Axis Bank said. Kedaara will be allotted 43 million shares at ₹172.81 apiece, valuing Axis Finance at ₹14,764 crore. This comes after a ₹1,500 crore primary rights issue from Axis Bank, approved by the NBFC, taking total fundraise to ₹2,250 crore.

Delhi CM Rekha Gupta announced on Saturday that Delhi government will open two new AI Centres of Excellence with projected outreach of around 100 startups, training for over 7,000 individuals and creation of over 1,000 jobs in a four-year implementation period. The move is expected to boost governance under Central government's IndiaAI Mission. Each centre will receive ₹20 crore funding.