AI Takes Center Stage: xAI Expands, SoftBank Invests $41B in OpenAI, India's $1.7T Boost

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Storyboard•31-12-2025, 17:35
AI Takes Center Stage: xAI Expands, SoftBank Invests $41B in OpenAI, India's $1.7T Boost
- •Elon Musk's xAI acquired a third building to expand its AI compute capacity to nearly 2 gigawatts.
- •Microsoft CEO Satya Nadella warned of 'model overhang risk' in 2026, as AI's rapid development may outpace its real-world impact.
- •India's accelerated AI adoption is projected to add up to $1.7 trillion to its economy by 2035, driven by the IndiaAI Mission.
- •SoftBank Group completed a $41 billion investment in OpenAI, securing an estimated 11% stake in the ChatGPT maker.
Why It Matters: Major AI developments include xAI expansion, SoftBank's OpenAI investment, India's economic boost, and Nadella's warning.
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