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From pilots to production

Financial Express Kochi

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February 16, 2026

ARTIFICIAL INTELLIGENCE IS no longer a future concept in India.

- BHAWNA AGARWAL

It is already shaping how businesses operate, how services are delivered, and how decisions are made. Cloud adoption is rising, global technology companies are investing in data centres, and the country is now home to more than 1,300 AI companies. The data centre sector has expanded 2.5 times in the past five years and attracted over $60 billion in investment since 2019, signalling strong market confidence.Yet momentum alone does not eliminate structural gaps. India has only around 150 operational data centres, compared to more than 11,000 worldwide, with around 90% of capacity concentrated in four metro regions — Mumbai, Chennai, Bengaluru and Delhi-NCR. While the data centre capacity has surpassed about 1.5 GW, it is far below other major digital economies, underscoring the infrastructure gap.

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IT INDEX SEES WORST MONTH SINCE 2008

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Investment, exports gain share in new GDP series

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Iran-US fresh talks set for next week

US AND IRANIAN officials ended the latest round of nuclear talks in Geneva on Thursday by agreeing to reconvene as soon as next week, opening the door to further diplomacy even as President Donald Trump masses military forces in the region.

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... Oil prices rise 3%

OIL PRICES ROSE about 3% on Friday as traders remained on alert for potential supply disruptions after the US and Iran extended nuclear talks.

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SC declines ₹144.5-crore deposit order against SpiceJet

THE SUPREME COURT on Friday dismissed a petition from SpiceJet and its chairman, Ajay Singh to stay a Delhi High Court ruling that mandates the airline and Singh to deposit ₹144.51 crore in a protracted arbitration case involving KAL Airways and Kalanithi Maran.

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Economy resilient, grows 7.8% in December quarter

NSO sees GDP expansion for FY26 at 7.6%

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First GIFT City IPO opens on Mar 6

The IPO will be open to eligible investors, including NRIs, foreign portfolio investors, institutional investors

time to read

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