India AI Impact Summit 2026: Major Funding, Job Warnings, and Global Tech Leaders Converge

• India hosts AI Impact Summit 2026 in New Delhi, attracting global tech giants and heads of state.
• A $1.1 billion state-backed venture fund announced for AI and advanced manufacturing startups.
• Sam Altman reveals India has over 100 million weekly ChatGPT users, second only to the US.
• Blackstone leads a $600 million equity raise for Indian AI startup Neysa, planning 20,000+ GPUs.
• Experts warn AI could eliminate IT services jobs within five years; HCL prioritizes profitability.