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India’s AI Impact Summit Draws Global Leaders For Innovation And Investment

by THEFUTURE.TEAM

February 16, 2026

Event Overview

India is fast emerging as a global hub for artificial intelligence innovation. This week’s four-day AI Impact Summit attracts top executives from renowned tech giants such as OpenAI, Anthropic, Nvidia, Microsoft, Google, and Cloudflare, alongside heads of state and venture capitalists. The event is poised to draw approximately 250,000 visitors, underscoring India’s determination to attract additional AI investments.

Industry Titans and Global Visionaries

The summit features leading figures such as Alphabet CEO Sundar Pichai, OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei, Reliance Chairman Mukesh Ambani, and Google DeepMind CEO Demis Hassabis. In a notable highlight, Prime Minister Narendra Modi is set to share the stage with French President Emmanuel Macron on Thursday, reflecting the international significance of the gathering.

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Strategic Investments and Pioneering Developments

Several notable initiatives and business moves were highlighted during the summit:

• The Indian government confirmed the allocation of $1.1 billion for a state-supported venture capital fund aimed at strengthening AI and advanced manufacturing startups nationwide.

• OpenAI CEO Sam Altman noted that India is now ChatGPT’s second-largest market, exceeding 100 million weekly active users, with students forming the most active user base.

• Blackstone acquired a majority stake in Indian AI startup Neysa through a $600 million equity round, joined by Teachers’ Venture Growth, TVS Capital, 360 ONE Asset, and Nexus Venture Partners. Neysa is preparing an additional $600 million in debt financing and plans to deploy over 20,000 GPUs to scale operations.

• Bengaluru-based C2i, specializing in power solutions for data centers, secured $15 million in Series A funding led by Peak XV, with participation from Yali Deeptech and TDK Ventures.

• HCL CEO Vineet Nayyar stated that Indian IT companies are expected to prioritize profitability over workforce expansion as AI accelerates industry transformation, a view that comes amid pressure on tech stocks.

• Venture capitalist Vinod Khosla, founder of Khosla Ventures, warned that traditional IT services and BPO sectors could contract sharply within five years due to automation, urging young professionals to pivot toward AI-driven global services.

• AMD announced a partnership with Tata Consultancy Services (TCS) to develop rack-scale AI infrastructure based on its Helios platform.

• Anthropic revealed plans to open its first Indian office in Bengaluru, reinforcing India’s position as its second-largest market after the United States for the Claude AI platform.

Conclusion

The AI Impact Summit not only reinforces India’s burgeoning stature in the tech landscape but also reflects the dynamic interplay of investment, innovation, and strategic industry pivoting. The convergence of global leaders and investors heralds a transformative era, positioning India at the forefront of the AI revolution.

The Future Forbes Realty Global Properties

Cyprus Residential Market Surpasses €2.5 Billion In 2025 With Apartments Leading the Way

by THEFUTURE.TEAM

February 16, 2026

Market Overview

In 2025, Cyprus’ newly built residential property market achieved a remarkable milestone, exceeding €2.5 billion. Data from Landbank Analytics indicates robust activity countrywide, with newly filed contracts reaching 7,819, including off-plan developments. This solid performance underscores the market’s resilience and dynamism across all districts.

Transaction Breakdown

The apartment sector clearly dominated the market, constituting 81.6% of transactions with 6,382 deals valued at €1.77 billion. In contrast, house sales represented a smaller segment, encompassing 1,437 transactions and generating €737.9 million. The record-high transaction was noted in Limassol, where an apartment sold for approximately €15.2 million, while the priciest house fetched roughly €6.2 million.

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Regional Analysis

Nicosia: The capital recorded steady domestic demand with 2,171 new residential transactions. Apartments accounted for 1,836 deals generating €349.6 million, compared to 335 house transactions worth €105.5 million, anchoring Nicosia as a core market with average values of €190,000 for apartments and €315,000 for houses.

Limassol: As the island’s principal investment center, Limassol led overall activity with 2,207 transactions. Apartments dominated with 1,936 sales generating €824.1 million, while 271 house transactions added €157.9 million. The district enjoyed premium pricing, with apartments averaging over €425,000 and houses around €583,000.

Larnaca: This district maintained robust activity with a total of 2,020 transactions. The apartment segment realized 1,770 transactions worth €353 million, and houses contributed 250 deals valued at €96.3 million. Average prices hovered near €200,000 for apartments and €385,000 for houses, positioning Larnaca within the mid-market bracket.

Paphos: With a more balanced mix, Paphos completed 1,078 transactions. Ranking second in overall value at €503.2 million, the district saw house sales generate €287.8 million and apartments €215.4 million. Consequently, Paphos achieved the highest average house price at approximately €710,000 and an apartment average of €320,000, emphasizing its premium housing profile.

Famagusta: Distinguished by lower transaction volumes, Famagusta was the sole district where house sales outnumbered apartment deals. Out of 343 transactions, 176 involved houses (yielding €90.4 million) and 167 were apartments (at €32.4 million). The segment’s average prices were about €194,000 for apartments and over €513,000 for houses, signaling its focus on holiday residences and coastal developments.

Sector Insights and Forward View

Commenting on the report, Landbank Group CEO Andreas Christophorides remarked that the analysis demonstrates an ecosystem where apartments are the cornerstone of the real estate market. He emphasized, “The apartment sector is not merely a trend; it is the engine powering the country’s real estate market.” Christophorides also highlighted the diverse regional dynamics: Limassol leads in apartment pricing, Paphos commands premium house prices, Nicosia remains pivotal to domestic demand, Larnaca sustains competitive activity, and Famagusta caters to holiday home buyers.

In a market characterized by these varied profiles, informed monitoring of regional and sector-specific dynamics is crucial for investors aiming to make targeted and strategic decisions.