TCS (Tata Consultancy Services)

Ambani's Reliance Unveils AI for Calls, Apps, Homes

At its 2026 annual shareholder meeting, Reliance Industries — led by Mukesh Ambani — announced a set of AI products and services including Jio Call Agent (an assistant that can join calls to transcribe, summarize and perform tasks via the wake phrase “Hey Jio”), an AI-powered MyJio app, and TeleFrame, an AI-enabled home display. Jio Call Agent is slated to launch later in 2026 for Jio’s more than 500 million users and is being embedded in Reliance’s telecom network rather than offered as a standalone app. Reliance also introduced vertical AI offerings (JioHealthIQ, JioLearnIQ, JioKrishiIQ, AI Vyapar), reiterated its Reliance Intelligence initiative and large AI infrastructure plans, and noted a Jio Platforms IPO draft prospectus covering up to 270 million new shares. The company highlighted partnerships with Google, Meta and Nvidia while leaving open questions about how user data will be used for model training or shared with partners.

CPP Investments Backs CtrlS with $741M India Data Center Deal

CPP Investments (Canada Pension Plan Investment Board) has committed up to ₹70 billion (~$741 million) to Indian data center operator CtrlS to fund hyperscale data center campuses tailored for AI workloads. The deal includes a ₹40 billion (~$423 million) equity investment for an 8.2% stake in CtrlS and up to ₹30 billion (~$317 million) committed to a joint venture to build hyperscale campuses. CPP Investments will hold 48% of the joint venture and CtrlS 52%. Founded in 2007 and based in Hyderabad, CtrlS operates more than 15 data centers across India. The investment is part of a broader wave of global capital and cloud-provider spending into India’s AI and cloud infrastructure, and comes amid policy incentives and parallel commitments from other investors and technology companies expanding AI-capable capacity in the country.

NewCore Raises $66M to Authenticate AI Agents

NewCore, a cybersecurity startup, emerged from stealth on June 15, 2026 with $66 million in seed funding to build an identity platform designed to authenticate, govern, and control AI agents at enterprise scale. The round was led by Cyberstarts with participation from Index Ventures and Evolution Equity Partners, valuing NewCore at $300 million post-money. Co-founded by CEO Zohar Alon, CTO Amihai Neiderman and CRO Erez Yarkoni, the company says its platform manages human and AI-agent identities in one system, offering features such as a split-key architecture and an "Agentic Skill" integration for coding assistants (Anthropic’s Claude Code, OpenAI’s Codex, Cursor). NewCore has over 50 employees, fewer than 10 customers, more than 10 design partners, and expects to begin charging customers in summer 2026.