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Meta Plans Up to $145 Billion in 2026 Capex as It Bets Big on AI

Meta expects capital expenditure of $135 billion to $145 billion in 2026. It plans to keep investing in AI infrastructure and in new products. The company shared the outlook with its third-quarter results on 21 October. Meta said its AI investments are already bringing in...

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Shaping Secure Futures: Insights from Kavitha Ayappan

With AI rapidly transforming the cybersecurity landscape, the need for responsible governance, privacy-first frameworks, and adaptive leadership is more critical than ever—especially in highly regulated sectors like banking and finance. In an exclusive interview with CXO XPERTS, cybersecurity veteran Kavitha Ayappan, shares her perspective on the practical challenges of AI implementation, evolving security blind spots, embedding governance into business culture, and how inclusive mentorship...

BFSI

Persistent Systems Opens Third Hyderabad Hub to Power AI and Payments Work for Banks

Persistent Systems has opened its third facility in Hyderabad. It will support technology programmes for banking, financial services and insurance (BFSI) clients. The focus areas...

Finance’s Newest Hires Will Lead AI Agents From Day One, Says Goldman Sachs Executive

According to Goldman Sachs executive Kevin Sneader, they will supervise AI agents from their first day. That leaves a big question over what happens to...

Shinhan, KB Kookmin and More: Inside South Korea’s Banking Cyberattack Crisis

South Korean President, Lee Jae Myung has ordered a thorough investigation and response measures following recent personal data leak incidents at banks, finance companies, and...

RETAIL & E-COMMERCE

7-Eleven Closes India Stores but Says It Hasn’t Given Up on the Market

7-Eleven has shut all 31 of its remaining stores in India. This ends its five-year partnership with Reliance Retail. The business reportedly posted a net...

ONDC Raises ₹430 Crore as It Pushes Into ONDC 2.0

Open Network for Digital Commerce (ONDC) is drawing fresh capital from a mix of technology, financial services, and consumer brands as it prepares for its...

Snapdeal Bharat Seller Report 2026 Finds 56% of Online Sellers Already Using AI Tools

India’s online seller ecosystem is becoming more technology-driven, manufacturing-led, and closely aligned with value-conscious consumers, according to Snapdeal’s Bharat Seller Report 2026. The report finds...

News

From Search to Agentic Shopping: Why L Catterton Is Investing in Glance

Global investment firm L Catterton has made a strategic investment in Glance. Glance is an AI-powered personal shopping platform backed by global technology company InMobi. The firm said the move reflects its belief that AI will reshape how consumers find and buy products. A Personal Shopper on Every Device Glance aims to give shoppers the feel of a personal shopper on the devices they already use....

HEALTHCARE

Vietnam Has the Chip Investment. Now It Needs the Ecosystem

A boom in AI, data centres and electric vehicles is lifting demand for chips. That is opening doors for Vietnam to grow its place in...

7-Eleven Closes India Stores but Says It Hasn’t Given Up on the Market

7-Eleven has shut all 31 of its remaining stores in India. This ends its five-year partnership with Reliance Retail. The business reportedly posted a net...

Made in India: VIVOTEK Smart Cameras Now Roll Off Delta’s Krishnagiri Line

Delta Electronics India has begun local production of smart surveillance cameras from VIVOTEK, its key security brand. The cameras are being made at Delta’s Krishnagiri...

MANUFACTURING

Frog Innovations to Build LigoWave’s Wireless Broadband Gear in India

Frog Innovations Limited has partnered with US-based wireless networking company LigoWave to manufacture wireless broadband and Wi-Fi products in India. Frog Innovations, formerly Frog Cellsat...

After the NXP Deal, TTTech Doubles Down on Secure, Resilient Computing

TTTECH, a global group of high-tech companies, has launched TTTech Systems SE. The wholly owned subsidiary combines the group’s Aerospace and Industrial businesses. It began...

Qualcomm Just Bought the Software Powering Robots Worldwide

Qualcomm has agreed to acquire PickNik Robotics, the company behind MoveIt - one of the most widely used open-source robotics software frameworks in the world....

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News

Meta Plans Up to $145 Billion in 2026 Capex as It Bets Big on AI

Meta expects capital expenditure of $135 billion to $145 billion in 2026. It plans to keep investing in AI infrastructure and in new products. The company shared the outlook with its third-quarter results on 21 October. Meta said its AI investments are already bringing in extra advertising revenue. It credits stronger engagement, better recommendations and more efficient monetisation. It expects these investments and new product...

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