Business
Nvidia to invest $100bn in OpenAI, firm behind ChatGPT
US tech giant Nvidia will invest up to $100bn (£73bn) in OpenAI, the firm behind ChatGPT, the companies have announced.
Nvidia said it will supply high-performance chips needed for the processing power required by artificial intelligence (AI), of which OpenAI is a specialist.
Described as a “strategic partnership” by Nvidia, it is the latest move by two high profile tech firms in the global AI race, where China is an emerging rival.
The announcement comes after a series of high-profile investments by Nvidia, including a $5bn investment in Intel and a £2bn investment in the UK’s AI sector.
Nvidia, which is the world’s most valuable company, said its latest investment will go towards data centres for OpenAI’s “next-generation AI infrastructure”.
Jensen Huang, chief executive of Nvidia, said the funding will mark the “next leap forward and power the next era of intelligence”.
Both firms said they were already working with a broad network of collaborators focused on making the “world’s most advanced AI infrastructure”, including working with Microsoft, Oracle, SoftBank, and Stargate.
However, the dominance of US AI firms has come under threat from China – particularly with the rise of DeepSeek-R1.
Meanwhile, Nvidia has come under pressure from both the Chinese and the US governments.
China said last week Nvidia had violated its anti-monopoly laws, but did not give details of how Nvidia had breached the rules.
China also reportedly ordered its top technology companies to halt purchases of the firm’s artificial intelligence (AI) chips. Huang told the BBC at the time he was “disappointed” with the news.
It came after Nvidia and its rival AMD agreed to pay the US government 15% of Chinese revenues to secure export licences to China to undo a US government ban on AI chip sales to the country.
Nvidia’s share price closed up 4% at the end of Monday’s trading in the US.
OpenAI said it had more than 700 million weekly active users, and that its new partnership with Nvidia would “advance its mission to build artificial general intelligence that benefits all of humanity.”
It added that the details would be finalised in the coming weeks.
Sam Altman, cofounder and chief executive of OpenAI, said the partnership meant both firms would work together to “create new AI breakthroughs and empower people and businesses with them at scale”.
Greg Brockman, cofounder and president of OpenAI, said the company had been working closely with Nvidia since “the early days” of the business.
Business
Without Rera data, real estate reform risks losing credibility: Homebuyers’ body – The Times of India
New Delhi: More than 75% of state real estate regulators, Reras, have either never published annual reports, discontinued their publication or not updated them despite statutory obligation and directions from the housing and urban affairs ministry, claimed homebuyers’ body FPCE on Friday. It released status report of 21 Reras as of Feb 13.The availability of updated annual reports is crucial as these contain details of data on performance of Reras, including project completion status categorised by timely completion, completion with extensions, and incomplete projects. The ministry’s format for publishing these reports also specifies providing details such as actual execution status of refund, possession and compensation orders as well as recovery warrant execution details with values and list of defaulting builders.FPCE said annual report data is not only vital for homebuyers to assess system credibility, but is equally necessary for both state and central govts to frame effective policies, design incentivisation schemes, and develop tax policy frameworks.“Unless we have credible data proving that after Rera the real estate sector has improved in terms of delivery, fairness, and keeping its promises, we are merely firing in the air,” said FPCE president Abhay Upadhyay, who is also a member of the govt’s Central Advisory Council on Rera.As per details shared by the entity, seven states — Karnataka, Tamil Nadu, West Bengal, Andhra Pradesh, Himachal Pradesh and Goa — have never published a single annual report since Rera’s implementation, and nine states, including Maharashtra, Uttar Pradesh and Telangana, which initially published reports, have discontinued the practice.Upadhyay said when regulators themselves don’t follow the law, they lose the legal right to demand compliance from other stakeholders. “Their failure emboldens builders and weakens the very system they are meant to safeguard,” he said.
Business
Infosys Rolls Out 85% Average Performance Bonus In Q3FY26, Best In Over 3 Years
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Over recent quarters, payouts had gradually improved from roughly 65 percent to 80 percent and now to an average of about 85 percent in Q3FY26.

Infosys logo is seen.
IT major Infosys rolled out performance bonus payouts averaging around 85 percent for the quarter ended December 31, 2025 (Q3FY26), marking the strongest variable pay outcome for eligible employees in at least the past three-and-a-half years, Moneycontrol reported citing people in the know.
The bonus payout for mid- to junior-level employees ranges between 75 percent and 100 percent, with most employees clustering around the organisation-wide average of 85 percent, the report said. The development signals a steady recovery in variable compensation at the Bengaluru-headquartered IT services firm. Over recent quarters, payouts had gradually improved from roughly 65 percent to 80 percent and now to an average of about 85 percent in Q3FY26.
Employees are expected to receive their bonus letters over the next few days, with the payout scheduled to be credited along with their February salary.
One employee told the outlet that it is the strongest bonus outcome seen in recent years. The payout is also among the rare instances since the Covid-19 period when variable pay has approached the upper end of the eligible range.
Infosys last paid out 100 percent variable compensation during the pandemic. In the quarters that followed, payouts were lower amid macroeconomic uncertainty and a broader slowdown in client spending across global markets.
The higher payout comes at a time when global IT stocks have faced renewed pressure, driven by concerns over rapid advances in artificial intelligence and their potential impact on traditional IT services models.
Shares of global IT firms have seen sharp sell-offs in recent weeks amid heightened investor focus on AI leaders such as Anthropic. Investors fear that generative AI tools could compress pricing, automate routine services work and reduce demand for legacy outsourcing models.
Against that backdrop, the improved bonus payout at Infosys is being viewed as a signal of operational resilience and near-term performance strength, even as sentiment around the broader IT sector remains cautious.
February 13, 2026, 21:44 IST
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