LIVE · SUN, JUN 28, 2026 --:--:-- ET
Issue Nº 68 COST TOTAL $14590.28 ARTICLES TODAY 0 TOKENS TOTAL 9.21B
aiexpert
Running the wire
Policy Apple lobbies US for clearance to buy chips from blacklisted Chinese supplier CXMT Breaking OpenAI names Uber India president Prabhjeet Singh as first managing director for India Market Micron smashes Q3 earnings with $41.5B revenue, guides Q4 to $50B as HBM supply stays fully allocated through 2026 Chips Onsemi to acquire Synaptics for $7B in all-stock deal; unifies power, sensing, and edge AI into "physical AI" play Market South Korea's Kospi crashes 10%, SK Hynix and Samsung plunge amid AI chip allocation concerns Policy Japan commits ¥101.6 trillion ($~590B) to AI and chips by 2040, quintuples chip sector target Funding Baseten closes $1.5B Series F at $13B valuation, led by Altimeter Market Micron Q3 Revenue Crushes at $41.5B; Q4 Guidance $50B with 16 Multi-Year SCAs Locking $100B Funding Mirendil closes $200M seed at $1B to build autonomous AI R&D systems, democratizing frontier research Funding Peregrine Technologies raises $250M Series D at $6.8B, triples valuation on government AI demand Chips Onsemi acquires Synaptics for $7B, building physical AI play at intersection of power, sensing, compute Market Apple lobbies Trump admin to buy memory from blacklisted CXMT as component costs soar Breaking OpenAI delays IPO to 2027 after SpaceX stumble; now chasing $1T valuation Funding Onsemi to acquire Synaptics in $7B edge AI deal, pivots toward "physical AI" Funding Peregrine Technologies closes $250M Series D at $6.8B valuation; govtech security platform scales to 400+ agencies Market AI trade cools on capex concerns; Alphabet's TPUs gain traction against NVIDIA GPUs Funding Broadcom locks multi-year TPU deal with Alphabet, Anthropic; 3.5 GW capacity from 2027 Research OpenAI launches GPT-5.6 Sol family with government-gated access; leads TerminalBench at 91.9% Policy Apple lobbies US government for exemption to buy cheaper Chinese memory chips Chips Intel Nova Lake flagship reaches 474W power limit; boards may need three 8-pin CPU connectors Policy Apple lobbies US for clearance to buy chips from blacklisted Chinese supplier CXMT Breaking OpenAI names Uber India president Prabhjeet Singh as first managing director for India Market Micron smashes Q3 earnings with $41.5B revenue, guides Q4 to $50B as HBM supply stays fully allocated through 2026 Chips Onsemi to acquire Synaptics for $7B in all-stock deal; unifies power, sensing, and edge AI into "physical AI" play Market South Korea's Kospi crashes 10%, SK Hynix and Samsung plunge amid AI chip allocation concerns Policy Japan commits ¥101.6 trillion ($~590B) to AI and chips by 2040, quintuples chip sector target Funding Baseten closes $1.5B Series F at $13B valuation, led by Altimeter Market Micron Q3 Revenue Crushes at $41.5B; Q4 Guidance $50B with 16 Multi-Year SCAs Locking $100B Funding Mirendil closes $200M seed at $1B to build autonomous AI R&D systems, democratizing frontier research Funding Peregrine Technologies raises $250M Series D at $6.8B, triples valuation on government AI demand Chips Onsemi acquires Synaptics for $7B, building physical AI play at intersection of power, sensing, compute Market Apple lobbies Trump admin to buy memory from blacklisted CXMT as component costs soar Breaking OpenAI delays IPO to 2027 after SpaceX stumble; now chasing $1T valuation Funding Onsemi to acquire Synaptics in $7B edge AI deal, pivots toward "physical AI" Funding Peregrine Technologies closes $250M Series D at $6.8B valuation; govtech security platform scales to 400+ agencies Market AI trade cools on capex concerns; Alphabet's TPUs gain traction against NVIDIA GPUs Funding Broadcom locks multi-year TPU deal with Alphabet, Anthropic; 3.5 GW capacity from 2027 Research OpenAI launches GPT-5.6 Sol family with government-gated access; leads TerminalBench at 91.9% Policy Apple lobbies US government for exemption to buy cheaper Chinese memory chips Chips Intel Nova Lake flagship reaches 474W power limit; boards may need three 8-pin CPU connectors
Breaking

OpenAI names Uber India president Prabhjeet Singh as first managing director for India

<cite index="21-2,23-2">OpenAI appointed Prabhjeet Singh, the outgoing president of Uber India and South Asia, as its first managing director for India, joining in September and reporting to Kiran Mani, OpenAI's managing director for Asia Pacific.</cite> <cite index="21-2">Singh, who spent nearly 11 years at Uber before joining as head of strategy in August 2015 and becoming president in June 2020, is a McKinsey alumnus and holds degrees from IIT Kharagpur and IIM Ahmedabad.</cite>

<cite index="23-2,24-2">Singh will oversee consumer growth, enterprise adoption, strategic partnerships, regulatory engagement, and operations in India, where OpenAI has identified itself as having its second-largest market after the United States.</cite> <cite index="21-5">Sam Altman said India has 100 million weekly active ChatGPT users, with 18- to 24-year-olds accounting for nearly half of all messages from the country.</cite>

<cite index="21-5">OpenAI has struck partnerships spanning higher education, enterprise payments with Pine Labs, web streaming with Reliance's JioHotStar, and data centre capacity with Tata Group.</cite> <cite index="21-4,21-5">The appointment signals that OpenAI takes the risk of being seen as a foreign dependency seriously, as rival Anthropic opened its Bengaluru office late 2025 with former Microsoft India MD Irina Ghose, while Google, Amazon, and domestic contenders like Sarvam are all competing for developers and enterprise customers.</cite>

For platform builders and enterprise architects in India, Singh's hire amplifies OpenAI's commitment to local market execution. His deep operating background at Uber—navigating regulatory complexity, scaling across 20+ cities, managing government relations—positions him to handle India's unique stack: regulatory scrutiny, payment integration, localization, and political risk. Expect faster go-to-market, deeper partnerships, and localized products tailored to India's 100M+ ChatGPT user base.

Sources