#bengaluru

US Top News and Analysis | SoftBank has injected $450 million into this British AI chip company AI generated summary, Read the full article for complete information. SoftBank has injected more than $450 million into British AI‑chip maker Graphcore, which it acquired in 2024, to fund the development of artificial general intelligence (AGI) and bolster SoftBank’s broader AI‑infrastructure strategy. According to a Companies House filing, Graphcore issued a single share valued at $457 million on April 10, confirming the financing came directly from SoftBank. The infusion is part of a “portion” of the capital Graphcore expects from SoftBank this year and follows SoftBank’s heavy AI spending, including stakes in OpenAI and involvement in the $500 billion Stargate project. SoftBank aims to expand its AI footprint further, planning a standalone AI and robotics company in the U.S. and exploring a large AI data‑center project in France, while Graphcore is also investing up to £1 billion to open a new AI campus in Bengaluru, India. Read more: https://www.cnbc.com/2026/05/12/softbank-graphcore-ai-chip-investment.html #SoftBank #Graphcore #CNBC #CompaniesHouse #OpenAI #Oracle #Nvidia #Stargate #Bengaluru #

Times of India | Bengaluru saw over 2,100 new vehicles a day on average; total count touches 1.2 crore Bengaluru's vehicle count surpassed 1.2 crore by March 2026, with over 7.9 lakh new vehicles added in 2025-26, straining the city's infrastructure. This surge, driven by private vehicle dependence due to inadequate public transport, exacerbates congestion and poses public health risks. Experts urge a policy shift towards promoting public transport. Read more: https://timesofindia.indiatimes.com/city/bengaluru/1-2cr-vehicles-in-bluru-900-per-km/articleshow/129988726.cms #bengaluru

#Anthropic has opened a #Bengaluru office, its second in Asia, as India's run rate revenue has doubled since October. The company is curating training data for 10 Indic languages. #India is the second-largest market for #Claude, home to a developer community doing some of the most technically intense AI work anywhere. https://www.anthropic.com/news/bengaluru-office-partnerships-across-india?eicker.news #India #Tech #IndiaTech #Technews