New Delhi, Dec. 12 -- There have been multiple developments this week on the tech front. From Big Tech's India investment to TCS' acquisition, here is a list of the most important updates for a quick catch-up:
Amazon, Microsoft, and Google announce significant investment
Amazon has announced that it will be investing more than $35 billion across all its businesses in India through 2030. This investment builds on the $40 billion invested in the country so far. It will be focused on business expansion, AI-driven digitalisation, export growth, and job creation. On the job creation front, Amazon said the plan is expected to generate 1 million direct, indirect, induced, and seasonal jobs in India. Further, this investment will quadruple exports to $80 billion, and deliver AI benefits to 15 million small businesses. The news comes on the heels of other major investment announcements made this week. Microsoft, on Tuesday, made a $17.5-billion investment to build AI and cloud infrastructure in India, bolstering compute capacity and expanding AI skilling and enterprise adoption programs.
Additionally, Google on Wednesday expanded its commitment to India's startup ecosystem with the launch of the Google for Startups Hub at T-Hub in Hyderabad - its first such facility housed within a state-led innovation ecosystem.
TCS to acquire US-based Salesforce consulting firm
Tata Consultancy Services (TCS) is set to acquire Florida-based Coastal Cloud in an all cash deal of $700 million. Founded in 2012, Coastal Cloud is a leading multi-cloud Salesforce consulting firm, specializing in enterprise-scale transformations. In October 2025, TCS strengthened its Salesforce practice with its ListEngage acquisition, a Summit Partner known for its Agentforce, Marketing, and Commerce Cloud expertise. With Coastal Cloud, TCS aims to further enhance its Salesforce advisory and business consulting capabilities across verticals globally. This acquisition will add over 400 seasoned professionals with more than 3,000 multi-cloud certifications. Coastal Cloud's customer portfolio includes enterprises across industry verticals. TCS will benefit from getting access to the mid-market customer segment and the synergies it can drive across Coastal and TCS's customer base. Virtusa acquires Bengaluru-based SmartSoC
Product and platform engineering services company Virtusa Corporation has announced the acquisition of Bengaluru-based SmartSoC Solutions. SmartSoC specialises in chip engineering and integrated circuit (IC) design services, and with this acquisition, Virtusa aims to expand its industry portfolio to include the semiconductor sector. The company did not reveal the deal value. With SmartSoC, Virtusa will be completing its full-stack, end-to-end service capabilities, spanning the digital technology ecosystem from the chip to the network, cloud, and application layer. The acquisition also establishes Virtusa's semiconductor engineering footprint in India and strengthens its global delivery capabilities by integrating SmartSoC's engineering presence across Bengaluru, Hubli, and Hyderabad, including a significant tier-2 delivery centre in Hubli. Additionally, the move brings more than 1,400 highly skilled engineers with depth in VLSI, physical design, and embedded software. HCLTech partners with Dolphin Semiconductor
HCLTech has partnered with Dolphin Semiconductor, a firm specialising in low-power semiconductor IP, to co-develop energy-efficient chips. This partnership will help enterprises address growing demands for energy efficiency and high performance in increasingly complex and connected environments, especially in the data centre and IoT technologies. Leveraging its expertise in system-on-chip (SoC) architecture, design, and development, HCLTech will embed Dolphin's specialized low-power IP into its silicon design workflows. This integration will deliver scalable, high-efficiency SoCs that reduce energy consumption while maintaining robust computational capabilities across diverse workloads. Microsoft ties up with TCS, Infosys, Wipro to boost Agentic AI in India
Microsoft Chairman and CEO Satya Nadella on Thursday announced wide-ranging strategic partnerships with four of India's largest IT services companies-Cognizant, Infosys, Tata Consultancy Services (TCS) and Wipro-to accelerate enterprise adoption of agentic artificial intelligence. Each company will deploy more than 50,000 Microsoft Copilot licences, taking the combined tally past 200,000 in what is being positioned as one of the largest coordinated AI rollouts globally. The announcement comes a day after Microsoft unveiled a US$17.5 billion investment plan for India spanning cloud and AI infrastructure, skilling, and operational expansion between 2026 and 2029. The tech major is doubling down on India as a key market and as a global delivery hub for next-generation AI-led services.
Cognizant launches AI lab and Experience studio in Bengaluru
Cognizant has set up a new Artificial Intelligence Lab and a Cognizant Moment Studio in Bengaluru to expand its work in enterprise technology. The move is part of the company's plan announced in 2023 to invest $1 billion in generative AI over three years. The two units will operate as a single hub focused on research, design, and development of AI systems for business use. The AI Lab will work on applied research areas such as multi-agent models, decision automation and responsible AI. Researchers and engineers at the lab will build internal frameworks, reusable AI modules and platform components meant for enterprise applications. The work is expected to add to Cognizant's intellectual property and shape future tools used in large-scale environments.
Published by HT Digital Content Services with permission from TechCircle.