Description
India's Union Budget 2026 allocates ₹1,000 crore to the IndiaAI Mission, focusing on semiconductor production and data centers. The budget proposes a tax holiday for foreign cloud providers until 2047 and a 15% safe harbour for related-party services. The government plans to establish 80 IndiaAI Labs to drive innovation and skill development, aiming to position India as an AI hub by 2047. This episode also covers Google's Project Genie launch impacting gaming stocks, the Pentagon and Anthropic's clash over AI ethics, and Nvidia's strategic moves in AI chip production.
Read the full news brief: http://www.metacurate.io/briefs/daily/2026-02-01