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First came the loss of advertising and distribution power. Now AI has slashed the cost of content—dealing a body blow.

A $234 million raise is chump change in the global AI arms race. Can Sarvam still compete?
The retired banker wants India’s top companies to invest in AI. But the capital, ambition, and urgency simply aren’t there.
CargoX gets a $250 million cheque from a prominent investment firm; the Gulf is shining in the upcoming American tech IPOs; and Abu Dhabi has hit pause on rental increases.