Amazon ups India bet with fresh $13B AI infrastructure investment

Amazon announced a $13 billion investment in India to expand its AI infrastructure capabilities. The move reflects intensifying competition among global technology companies to establish substantial AI and cloud computing presence in India's growing market. This investment underscores India's strategic importance as both a talent hub and emerging AI market, positioning Amazon alongside other major tech firms making significant commitments to the region.

Source: TechCrunch · Jun 25, 2026

Agility Robotics plans to go public via SPAC in a $2.5B deal

Humanoid robotics startup Agility Robotics is pursuing a public listing through a special purpose acquisition company (SPAC) merger valued at $2.5 billion, which will provide the company with approximately $620 million in proceeds for growth and development.

Source: TechCrunch · Jun 24, 2026