A UN panel on artificial intelligence will work towards "science-led governance", the global body's chief said Friday as leaders at a New Delhi summit weighed their message on the future of the booming technology.

Prime Minister Narendra Modi has pitched India as a major hub for artificial intelligence, built at home and used worldwide.

AI infrastructure startup Neysa has secured $1.2 billion in a Blackstone-led financing round to develop sovereign AI capabilities in India.

India stakes its claim in the AI race with first global South summit - but can it compete? - Stuti Mishra reports from Delhi, where a global AI summit is being hosted by a developing country for the f

New Delhi, Feb 20: Interacting with a group of CEOs and delegates participating in the India AI Impact Summit 2026, Vice President C.P. Radhakrishnan on Friday expressed optimism about the future of Artificial Intelligence, noting that the technology will not only transform existing roles but also generate entirely new job opportunities.

The UN General Assembly approved the appointment of a 40 member Independent International Scientific Panel on Artificial Intelligence, despite a no vote from the United States and abstention from Ukraine.

Governments have only begun to grasp the major shifts in policies and politics the “age of electricity” may bring.

Microsoft plans to invest $50 billion by 2030 to expand AI infrastructure, connectivity, and skills across the Global South, citing widening adoption gaps.

At the India AI Impact Summit, industry leaders made commitments collectively aiming to invest over $200 billion in AI infrastructure over the coming years.

The AI revolution is still in the early innings. That means there are plenty of opportunities still out there.

Looking back at last week's volatility could gives some clues for the trading week ahead.