World News
Microsoft, Amazon bet big, but where does India stand in the global race?
NurPhoto via Getty Images)This week, tech giants Amazon and Microsoft pledged an eye-popping $50bn-plus combined investment in India, putting artificial intelligence (AI) in the spotlight.
Microsoft’s Satya Nadella announced his company’s largest investment ever in Asia – $17.5bn (£13.14bn) – “to help build the infrastructure, skills, and sovereign capabilities needed for India’s AI-first future”.
Amazon followed suit, and said it was putting in more than $35bn in the country by 2030, with an unspecified chunk of that investment going into boosting AI capabilities.
The announcements come at a particularly interesting juncture.
As fears of an AI bubble swept global markets and tech stock valuations soared, several leading brokerages took a contrarian view on India’s AI landscape.
Christopher Wood of Jefferies said the country’s stocks were a “reverse AI trade”. That basically means India should outperform other markets in the world “if the AI trade suddenly unwinds” – or simply put, the global bubble bursts.
HSBC also held a similar view, saying Indian equities offered a “hedge and diversification” for those uneasy with the ongoing AI rally.
This comes as Mumbai stocks have lagged behind their Asian peers over the past year, with foreign investors moving billions into Korean and Taiwanese AI-driven tech companies in the absence of comparable opportunities in India.
In this backdrop, the Amazon and Microsoft investments provide a much-needed fillip – yet it remains worth asking where India truly stands in the global AI race.
AFP via Getty ImagesThere are no easy answers.
The adoption of AI in India has been rapid. Investments into some parts of the value chain – such as data centres, the physical backbone of AI, or chip-making facilities – have begun trickling in. Just this week, American chipmaker Intel announced a collaboration with Mumbai-based Tata Electronics to manufacture chips locally.
But when it comes to a sovereign AI model, it appears India is continuing to play catch-up.
About a year-and-a-half ago, the Indian government launched an AI mission through which it began supplying start-ups, universities and researchers with high-end computing chips to develop a large homegrown AI model like OpenAI or China’s DeepSeek.
According to the federal electronics ministry, the launch of the sovereign model – which supports more than 22 languages – is imminent. In the interim though, the likes of DeepSeek and OpenAI have made further advances, launching newer variants.
While the government has recognised the need to reduce over-dependence on foreign platforms because of the risk of surveillance and sanctions, India’s $1.25bn sovereign mission is a shadow of France’s $117bn or Saudi Arabia’s $100bn programmes.
The country’s ambitions also face numerous other hurdles – from semiconductor availability to skilled talent and fragmented data ecosystems, according to global consultancy EY.
India currently lacks enough computational infrastructure or the billions of dollars of research and development (R&D) investment made over decades that gave China and the US a distinct leg up.
Despite its global strength in AI talent, India struggles to keep its developers at home.
“The current tightening of overseas work visas provides India a window of opportunity to retain domestic talent and attract Indian-origin talent at home. However, given that top-tier AI talent is mobile globally, attractive policy incentives need to be put in place to incentivise relocation to India,” the EY report says.
China, for example, offers a range of incentives such as “financial support and subsidies, tax incentives and funding for research and development, special talent visas and fast-track immigration”, the report says.
India has a much higher concentration of AI-skilled professionals than the global average – specifically, 2.5 times more. Policies that retain this talent are not yet in place.
Bloomberg via Getty ImagesYet, despite the challenges, India – along with countries like Brazil and the Philippines – punches above its weight in AI, especially in the context of its stage of economic development, an UNCTAD (United Nations Conference on Trade and Development) study said.
According to the widely tracked Stanford AI Index 2025, the country ranks among the top five in the world on new companies receiving AI investments.
Last year, 74 new Indian AI startups received funding – a fraction of the more than 1,000 funded in the US.
Indian AI startups raised just $1.16bn privately, compared with over $100bn in the US and nearly $10bn in China.
But there’s enough intellectual engagement with AI in India, with the country accounting for 9.2% of AI article publications – slightly more than the US, but behind Europe and China according to the Stanford AI Index.
Experts say India’s AI edge may lie less in building costly language models and more in using them downstream to spur entrepreneurship.
“I think in the short term, there’s this big concentration of AI in the US. But over the next five-10 years, AI will have a massively democratising effect on the creation of new companies. Small founders and entrepreneurs will be numerous and the downstream effect will be amazing for places like India and the Asia-Pacific,” Shailendra Singh, managing director of Peak XV Partners which invests in AI start-ups, told the BBC.
Mr Singh says India is seeing a surge in AI-powered consumer apps, with AI startup investments doubling from last year.
Moreover, many Indian startups are now using AI to tackle real-world challenges for millions still on the wrong side of the digital divide.
For example, MahaVISTAAR, an AI app run by the Maharashtra government, delivers vital agricultural information in the local Marathi language, reaching over 15 million farmers.
“The hardest places to make artificial intelligence work are also the places where it matters most. If AI can serve India’s classrooms, clinics and farms, it can serve the world,” Nandan Nilekani, the architect of India’s biometric programme, wrote in The Economist magazine last month.
Some of that has already begun to happen, as apps like MahaVISTAAR and others have shown.
AI brings new opportunities, but could disrupt India’s IT services sector, which has driven its economy and created millions of jobs over the past 30 years.
As AI upends some of their business functions, India’s billion-dollar IT firms will become a key area of “vulnerability”, according to Jefferies.
That vulnerability is already showing.
Growth in India’s IT back offices is slowing, stocks are underperforming, hiring has shrunk and wages have stagnated as the spectre of a new disruptor looms large.
Follow BBC News India on Instagram, YouTube, X and Facebook.
www.bbc.com
World News
US reportedly pursuing third oil tanker linked to Venezuela
The US Coast Guard is in “active pursuit” of another vessel in international waters near Venezuela, an official has told the BBC’s US partner CBS News, as tensions in the region continue to escalate.
US authorities have already seized two oil tankers this month – one of them on Saturday.
Sunday’s pursuit related to a “sanctioned dark fleet vessel that is part of Venezuela’s illegal sanctions evasion”, a US official said. “It is flying a false flag and under a judicial seizure order.”
Washington has accused Venezuela of using oil money to fund drug-related crime, while Venezuela has described the tanker seizures as “theft and kidnapping”.
US President Donald Trump last week ordered a “blockade” of sanctioned oil tankers entering and leaving the country.
Venezuela – home to the world largest proven oil reserves – has accused the Trump administration of trying to steal its resources.
US authorities have not yet officially confirmed Sunday’s pursuit, and the exact location and name of the tanker involved is not yet known.
As of last week, more than 30 of the 80 ships in Venezuelan waters or approaching the country were under US sanctions, according to data compiled by TankerTrackers.com.
Saturday’s seizure saw a Panamanian-flagged tanker boarded by a specialised tactical team in international waters.
That ship is not on the US Treasury’s list of sanctioned vessels, but the US has said it was carrying “sanctioned PDVSA oil”. In the past five years the ship also sailed under the flags of Greece and Liberia, according to records seen by BBC Verify.
“These acts will not go unpunished,” the Venezuelan government said in response to Saturday’s incident. It added that it intended to file a complaint with the UN Security Council and “other multilateral agencies and the governments of the world”.
Venezuela is highly dependent on revenues from its oil exports to finance its government spending.
In recent weeks, the US has built up its military presence in the Caribbean Sea and has carried out deadly strikes on alleged Venezuelan drug-smuggling boats, killing around 100 people.
It has provided no public evidence that these vessels were carrying drugs, and the military has come under increasing scrutiny from Congress over the strikes.
The Trump administration has accused Venezuelan President Nicolás Maduro of leading a designated-terrorist organisation called Cartel de los Soles, which he denies.
www.bbc.com
World News
In rebel-held Myanmar, civilians flee junta airstrikes and a forced election
Yogita LimayeSouth Asia and Afghanistan correspondent in Myanmar
BBCLate one night last month Iang Za Kim heard explosions in a neighbouring village, then fighter jets flying overhead. She ran out of her home to see smoke rising from a distance.
“We were terrified. We thought the junta’s planes would bomb us too. So we grabbed what we could – some food and clothes and ran into the jungles surrounding our village.”
Iang’s face quivers as she recounts the story of what happened on 26 November in K-Haimual, her village in Myanmar’s western Chin State, and then she breaks down.
She’s among thousands of civilians who’ve fled their homes in recent weeks after the Burmese military launched a fierce campaign of air strikes, and a ground offensive in rebel-held areas across the country, to recapture territory ahead of elections starting on 28 December.
Four other women sitting around her on straw mats also start crying. The trauma of what they’ve gone through to make it to safety is clearly visible.
While the air strikes were the immediate cause for Iang to flee, she also doesn’t want to be forced to participate in the election.
“If we are caught and refuse to vote, they will put us in jail and torture us. We’ve run away so that we don’t have to vote,” she says.

Some from Chin state have described the junta’s latest offensive as the fiercest it has launched in more than three years.
Many of the displaced have sought refuge in other parts of the state. Iang is among a group that crossed the border into India’s Mizoram state. Currently sheltered in a rundown badminton court in Vaphai village, the group’s few belongings they were able to carry are packed in plastic sacks.
Indian villagers have given them food and basic supplies.
Ral Uk Thang has had to flee his home at the age of 80, living in makeshift shelters in jungles for days, before finally making it to safety.
“We’re afraid of our own government. They are extremely cruel. Their military has come into our and other villages in the past, they’ve arrested people, tortured them, and burned down homes,” he says.
It isn’t easy to speak to Burmese civilians freely. Myanmar’s military government does not allow free access in the country for foreign journalists. It took over the country in a coup in February 2021, shortly after the last election, and has since been widely condemned for running a repressive regime that has indiscriminately targeted civilians as it looks to crush the armed uprising against it across Myanmar.
During its latest offensive, the junta last week targeted a hospital in Rakhine State, just south of Chin State. Rebel groups in Rakhine say at least 30 people were killed and more than 70 injured.
The Chin Human Rights Organisation says that since mid-September at least three schools and six churches in Chin State have been targeted by junta airstrikes, killing 12 people including six children.

The BBC has independently verified the bombing of a school in Vanha village on 13 October. Two students –Johan Phun Lian Cung, who was seven, and Zing Cer Mawi, 12 – were killed as they were attending lessons. The bombs ripped through their classrooms injuring more than a dozen other students.
Myanmar’s military government did not respond to the BBC’s questions about the allegations.
This is the second time Bawi Nei Lian and his young family – a wife and two young children – have been displaced. Back in 2021, soon after the coup, their home in Falam town was burnt down in an air strike. They rebuilt their lives in K-Haimual village. Now they’re homeless again.
“I can’t find the words to explain how painful and hard it is and what a difficult decision it was to make to leave. But we had to do it to stay alive,” he says.
“I want the world to know that what the military is claiming – that this election is free and fair – this is absolutely false. When the main political party is not being allowed to contest the election, how can there be genuine democracy?”

The National League for Democracy party, led by Aung San Suu Kyi, which won landslides in the two elections prior to the coup, will not be contesting as most of its senior leaders including Suu Kyi are in jail.
“We don’t want the election. Because the military does not know how to govern our country. They only work for the benefit of their high-ranking leaders. When Daw Aung San Suu Kyi’s party was in power, we experienced a bit of democracy. But now all we do is cry and shed tears,” says Ral Uk Thang.
Iang Za Kim believes the election will be rigged. “If we voted for a party not allied with the military, I believe they will steal our votes and claim we voted for them.”
The election will take place in phases, with a result expected around the end of January. Rebel groups have called it a sham.
At the base of the Chin National Front in Myanmar, the most prominent rebel group operating in the state, the group’s Vice Chairman Sui Khar says: “This election is only being held to prolong military dictatorship. It’s not about the people’s choice. And in Chin State, they hardly control much area, so how can they hold an election?”
He points out the areas where the most intense fighting is ongoing on a map and tells us nearly 50 rebel fighters have been injured in just the past month. There have been deaths too, but so far the groups have not released a number.
“There are columns of hundreds of soldiers trying to advance into the northern part of Chin state from four directions,” Sui Khar says. “The soldiers are being supported by air strikes, artillery fire and by drone units.”

Access to the base is extremely rare. Set amid thickly forested mountains, it is the heart of the resistance against the junta in Chin state.
Sui Khar takes us to the hospital at the base. We see a group of injured fighters who were brought in overnight and had to undergo hours of surgery. Some of them have had to undergo amputations.
Many of them were just schoolboys when the coup occurred in 2021. Just about adults now, they’ve let go of their dreams to fight on the frontline against the junta.
Abel, 18, is in too much pain to speak. He was with a group of fighters trying to take back territory the junta captured a week ago. They won the battle, but Abel lost his right leg and has serious injuries to his hands as well.
In a bed next to him is Si Si Maung, 19, who’s also had a leg amputated.
“As the enemy was retreating we ran forward and I stepped on a landmine. We were injured in the explosion. Then we were attacked from the air. The airstrikes make things very difficult for us,” he says. “I’ve lost a leg, but even if I’ve to give up my life I’m happy to make the sacrifice so that future generations have a better life.”
The impact of the ferocity of the latest offensive is visible in room after room at the hospital.
Yet, it’s the support and grit of tens of thousands of youngsters like Si Si Maung, who picked up arms to fight against the junta, that have helped the rebels make rapid advances against a much more powerful rival in the past four-and-a-half years.
Some like 80-year-old Ral Uk Thang hope that after the election, the junta will retreat, and he will be able to go back home.
“But I don’t think I will live to see democracy restored in Myanmar,” he says. “I hope my children and grandchildren can witness it some day.”
Additional reporting by Aamir Peerzada, Sanjay Ganguly and Aakriti Thapar
www.bbc.com
World News
A memorial ends – but Bondi tragedy has left Australia reeling, again
Tiffanie TurnbullBondi Beach
Getty ImagesAs helicopters circled overhead, sirens descended on her suburb, and people ran screaming down her street on 14 December, Mary felt a grim sense of deja vu.
“That was when I knew there was something seriously wrong – again,” she says, her eyes brimming with tears.
Mary – who did not want to give her real name – was at the Westfield Bondi Junction shopping centre last April when six people were stabbed to death by a man in psychosis, a tragedy still fresh in the minds of many.
Findings from a coronial inquest into the incident were due to be delivered this week, but were delayed after two gunmen unleashed a hail of bullets on an event marking the start of the Jewish festival of Hanukkah eight days ago.
Declared a terror attack by police, 15 people were shot and killed, including a 10-year-old girl who still had face paint curling around her eyes.
The first paramedic to confront the bloody scenes at the Chanukah by the Sea event was also the first paramedic on the scene at the Westfield stabbings.
“You just wouldn’t even fathom that something like this would happen,” 31-year-old Mary, who is originally from the UK, tells the BBC. “I say constantly to my family at home how safe it is here.”
This was the overarching sentiment in the days following the shooting. This kind of thing, mass murder, just doesn’t happen in Australia.
But it can and it has – twice, in the same community, within 18 months.
A sea of flowers left by shocked and grieving people at Bondi is being packed up. A national day of reflection is over. On Sunday night, Jewish Australians lit candles for the last time this Hannukah.
But the two tragedies have left scores physically scarred and traumatised, and the nation’s sense of safety shattered.
‘Everyone knows someone affected’
EPABondi is Australia’s most famous beach – a globally recognised symbol of its way of life.
It’s also a quintessential slice of Australian community. There’s a bit of “everyone knows everyone” – and that means everyone knows someone affected by the 14 December tragedy, mayor Will Nemesh told the BBC.
“One of the first people I texted was [Rabbi] Eli Schlanger. And I said, ‘I hope you’re OK. Call me if you need anything’,” he said.
But the British-born father of five, also known as the “Bondi Rabbi”, was among the dead.
The first responders, police and paramedics would have been working on members of their own community. Others had the task of having to treat the shooters who had taken aim at their colleagues.
“[Westfield Bondi Junction] was horrendous, something we’re certainly not used to. And then this again was massive, catastrophic injuries,” Ryan Park, health minister for New South Wales, told the BBC.
“They’ve seen things that are like you would see in a war zone… You don’t get those images out of your head,” Park added.
Mayor Nemesh fears this will forever be a stain on Bondi, and Australia.
“If this can happen here at Bondi Beach, it really could happen anywhere… the impact has reverberated around Australia.”
EPA‘Warnings ignored’
No one is feeling this more than the Jewish community, for whom Bondi has become a sanctuary.
“I swam here every day for years on end, rain or shine. And this week… I couldn’t get in the water. It didn’t feel right. It felt sacrilegious in some way,” Zac Seidler, a local clinical psychologist, told the BBC.
Many of the victims of the attack moved here over many decades for safety from persecution, including 89-year-old Holocaust survivor Alex Kleytman. Instead, his life was bookended by violent acts of antisemitic hate.
Mr Seidler has spent the past two years trying to convince his grandparents, who are also Holocaust survivors, to hold on to their belief in the good of humanity.
“[My grandmother] kept saying, ‘These are the signs. I’ve seen this before’. And I just kept saying, ‘Not in Australia, not here. You’re safe’, just trying to soothe her.
“But now I kind of feel like the fool.”
No community is a monolith, but one thing many Jewish Australians believe is that warnings about a rise of antisemitism in the months preceding this attack were ignored.
The year started with a spate of vandalism and arson incidents on Jewish marks in the suburbs surrounding Bondi. It has ended with mass murder targeting their community.
There has been resistance in the face of fear – some leaders urging Jewish Australians to double down, be more publicly Jewish and display their religious symbols with pride.
One woman perusing the flowers outside the Bondi Pavilion on Sunday admits she is too scared to do that. It took her all week to even work up the courage to visit this site, which is just metres from where many of the victims died.
“I’ve never felt my Jewishness before. I’ve never experienced antisemitism in my whole life until now,” MaryAnne says. “And now, I don’t want to wear my Star of David.”
Community, anger and sadness
The shooting triggered a massive outpouring of support from around the nation.
When the news broke, many in the community rallied to help.
Lifeguards – volunteer and paid – put their lives on the line. Restaurants opened their doors and hid people in their store rooms and freezers, and locals ushered lost children into their apartments.
Even the New South Wales opposition leader Kellie Sloane – also the local state member – was at the scene, helping pack bullet wounds.
In the days after the shooting, thousands of ordinary Australians lined up – many for hours on end – to donate blood desperately needed to treat those injured.
Each day, a carpet of petals, handwritten notes, commemorative stones and candles grew out from the gates of the Bondi Pavilion.
Bee motifs – stickers, balloons, even pavement art – are all over the suburb, in remembrance of Matilda, the terror attack’s youngest victim.
Surfers and swimmers on Friday paddled out beyond Bondi’s iconic breaks to honour those who died.
A day later, surf livesavers and lifeguards stood shoulder to shoulder on the beach in solidarity with the Jewish community.
But amid the platitudes, sadness and shock is calcifying into anger and tension.
Last year’s Bondi Junction stabbings were devastating for the community – but a shared resolution united it.
Experts say the attacker, who had schizophrenia, was in psychosis at the time of the stabbings, and his family have previously said he was frustrated at being unable to find a girlfriend. The question of whether he targeted women will likely forever go unanswered. But clear failures in the mental health system have been identified.
Last month, families of the victims asked the coroner to refer the doctor who weaned him off medication with limited supervision to regulators for investigation, and they have also argued for a massive boost to mental health service funding.
But last Sunday’s events raise more uncomfortable feelings and questions.
There is palpable fury at the government, over a perceived – and admitted – failure to do more to stop antisemitism. Prime Minister Anthony Albanese has been booed during public appearances this week, and talking to people visiting the site of the attack in Bondi, it isn’t uncommon to hear them demand his resignation.
Many people the BBC spoke to pointed to his government’s decision to recognise Palestinian statehood, alongside countries including the UK and Canada, and regular protests in Australia by members of the pro-Palestinian movement, which though largely peaceful but have been peppered with antisemitic chants and placards.
The state of New South Wales – which has in recent years tightened protest rules – has already announced it will introduce more legislation cracking down on “hateful” chants and give police more powers to investigate demonstrators. The federal government has promised similar.
The blame apportioned to these protests does not sit right with many, even some sections of the Jewish community.
“We need to hold multiple truths,” Mr Seidler says. “We can be afraid, we can feel that there is deep antisemitic rhetoric going on in certain circles within Australia… while also understanding that there is a right of people in this country – especially Muslim Australians – to be concerned about what is taking place in Gaza.
“We need to get better at finding that line and calling out when that line has been crossed.”
Getty ImagesFor others, there is anger at what they feel is the politicisation of a tragedy.
“It’s a bloody photo op,” one woman tells me on Sunday, as a prominent Australian businesswoman arrives and begins posing with the floral tributes outside the Bondi Pavilion.
Some – including the local federal MP Allegra Spender – worry the attack is being used to fuel anti-immigration sentiment.
“We would not have had the man who saved so many Australians if we had cut off, for instance, Muslim immigration,” she said.
Mr Seidler says these arguments fail to recognise that antisemitic views – and other forms of bigotry – are formed here too.
“I heard someone say the other day that Australia thinks it’s on a holiday from history, that we’re somehow immune to this stuff, that it’s not bred here, it’s imported,” Mr Seidler says.
With the anger, there is also fear: for the Jewish community of other attacks, for the Muslim community of retaliation for an act of terror they have loudly condemned.
There are questions over how Australia’s security agency fumbled an alleged terrorist who at one point was on their watch list, prompting a review into federal police and intelligence agencies that was announced on Sunday.
There is frustration at NSW Police, who have for years been warned by the Muslim community of hate preachers poaching their young men.
There is animosity towards the media, driven by hurt among both Jewish and Arab Australians over a belief they and their communities have been misrepresented, and frustration at what some feel is incitement against them.
But there is also a queasiness at the treatment of traumatised victims throughout this week, some of whom were interviewed live on television while the blood of their friends still stained their hands.
Through it all, is an undercurrent of suspicion of institutions and each other.
There are varying opinions on how those rifts can heal – or even if they can. But there is a shared determination to try.
EPAOne UK expat who was at the beach at the time of the shooting says everyone he speaks to is adamant this will not change Bondi, or Australia.
“It’s seriously unique what you have as a nation… there’s a magic about it,” Henry Jamieson tells the BBC.
“I’m traumatised… and I’m going to have to deal with that for the rest of my life, I know I am… even people who weren’t there were traumatised.
“But I’m not gonna let it shake me and we will not let it shake this community.
“You can’t let them win,” he says of the alleged terrorists.
At an emotional memorial on Sunday night, seven days since the attack, the same sense of defiance was on show. It ended with the lighting of the menorah, something the crowds gathered for Hannukah last week never got to do.
The shamash, the centre candle, was lit by the father of Ahmed al Ahmed, in honour of his bravery in wrestling a gun off one of the attackers. The children of the two rabbis who were killed lit another. Others were lit by a representative of surf lifesavers and a Jewish community medic who rushed to the scene and began treating the injured before the shots had even stopped. The final candle was lit by Michael, the father of Matilda, who has been described a fountain of joy to all who knew her.
After the parade of diverse Australians had sparked flames on each arm of the menorah, Rabbi Yehoram Ulman of Bondi Chabad made a plea for more love and more unity.
“Returning to normal is not enough,” he said.
“Sydney can and must become a beacon of goodness. A city where people look out for one another, where kindness is louder than hate, where decency is stronger than fear, and we can make it happen,” he said, stopping for a moment as the crowd applauded.
“But only if we take the feelings we have right now and turn them into action, into continuous action.”
www.bbc.com
-
Sports2 days agoRayan Cherki Appears to Ignore Didier Deschamps After 3-0 Win vs Sweden
-
Sports24 hours agoVAR Expert Casts Clear Verdict on Folarin Balogun Red Card vs Bosnia
-
Sports1 day agoGary Neville Names Only Team That Can Stop France From Winning the 2026 World Cup
-
Sports15 hours agoUS Icon Brad Friedel Blasts Mexico Ahead of England Match
-
Sports2 days agoFIFA Issue Statement After Controversial Germany vs Paraguay VAR Call
-
Sports18 hours agoReal Reason Serena Williams Broke Strict Rule as $50,000 Fine Decision Made
-
Sports1 day agoRoy Keane Names the Two Teams That Will Contest the 2026 World Cup Final
-
Sports2 days agoSerena Williams Slammed For Actions After Losing to Maya Joint


