Cohere's IPO Ambitions, Microsoft AI's Bold Predictions, and Nvidia's $3.8B Data Center Move - Enterprise AI Brief #55
February 20, 2026 -
Enterprise AI Brief
Hi there,
Welcome to the latest edition of the Enterprise AI Brief, where we bring you the most recent developments in the world of artificial intelligence and its impact on businesses. This week, Cohere has exceeded its revenue targets and is now considering an IPO, marking a significant milestone in its growth journey. Meanwhile, Microsoft's AI Chief has shared insights on the potential automation of white-collar jobs, highlighting the transformative power of AI in the workplace.
In other news, Nvidia is planning to lease a data center using junk bonds, a move that underscores the increasing demand for AI infrastructure. Additionally, Microsoft has announced an ambitious plan to train 3 million Saudis in AI by 2030, aiming to boost the region's technological capabilities. Stay tuned as we delve into these stories and more, exploring the dynamic landscape of AI in enterprise settings.
Welcome to the latest edition of the Enterprise AI Brief, where we bring you the most recent developments in the world of artificial intelligence and its impact on businesses. This week, Cohere has exceeded its revenue targets and is now considering an IPO, marking a significant milestone in its growth journey. Meanwhile, Microsoft's AI Chief has shared insights on the potential automation of white-collar jobs, highlighting the transformative power of AI in the workplace.
In other news, Nvidia is planning to lease a data center using junk bonds, a move that underscores the increasing demand for AI infrastructure. Additionally, Microsoft has announced an ambitious plan to train 3 million Saudis in AI by 2030, aiming to boost the region's technological capabilities. Stay tuned as we delve into these stories and more, exploring the dynamic landscape of AI in enterprise settings.
Cohere Exceeds Revenue Target, Eyes IPO
Canadian AI startup Cohere has surpassed its revenue target with $240 million in annual recurring revenue for 2025, and is considering an IPO in 2026. Read more
Microsoft AI Chief Predicts Automation of White Collar Jobs
Microsoft AI Chief Mustafa Suleyman predicts that most white-collar jobs could be automated within two years, as AI approaches human-level performance in professional tasks. Read more
Nvidia to Lease Data Center Funded by $3.8 Billion Junk Bonds
Nvidia plans to lease a data center in Storey County, Nevada, financed by a $3.8 billion junk-bond sale. The bond offering, backed by Tract Capital, was increased due to strong demand. Read more
Microsoft to Train 3 Million Saudis in AI by 2030
Microsoft has announced a new initiative to equip three million people in Saudi Arabia with AI skills by 2030. The program includes free AI credentials for educators and aims to support Saudi Arabia's Vision 2030 goals. Read more
PR Newswire and Stacker Partner for AI-Driven Media Distribution
On February 13, 2026, PR Newswire and Stacker announced a strategic partnership to enhance media distribution through AI, aiming to expand earned media reach for brands. Read more
ServiceNow Acquires Pyramid Analytics
ServiceNow has acquired Israeli startup Pyramid Analytics to enhance its AI-powered business intelligence capabilities. The acquisition aims to integrate AI with traditional analytics, allowing users to access data insights more efficiently. Read more
Backbase and VASS Partner for AI Banking Services
Backbase has partnered with VASS to enhance AI-driven digital banking services, focusing on wealth management and business banking in Spain and Latin America. Read more
Amazon Plans $5 Billion Data Center in Washington
Amazon Data Services has announced a $5 billion investment to build a data center near Tri-Cities, Washington. The project includes 16 data centers and will utilize energy from a future small modular nuclear reactor. Read more
Energy Vault and Peak Energy Partner on Sodium-Ion Batteries for AI Data Centers
Energy Vault and Peak Energy have announced a strategic partnership to develop sodium-ion storage solutions for AI-first data centers, including a 1.5 GWh supply agreement for U.S.-manufactured batteries. Read more
Siemens AG Increases 2026 Profit Outlook Due to AI and Data Center Demand
Siemens AG has raised its profit outlook for 2026, driven by strong demand for artificial intelligence and data centers in the U.S. The company anticipates revenue growth and has adjusted its earnings per share guidance upwards. Read more
PGIM Buys Melbourne Site for AI Data Center
PGIM has acquired a 20.7-hectare site in Melbourne to develop a data center campus, investing AUD 1.2 billion to boost Australia's AI infrastructure. Read more
KDDI and Oracle Collaborate on AI-Driven Billing Transformation
KDDI Corporation has partnered with Oracle to upgrade its charging and rating platform using generative AI. This initiative aims to improve agility, reduce costs, and foster innovation through Oracle's cloud solutions. Read more
Cognizant Expands Partnership with Google Cloud
Cognizant has expanded its strategic partnership with Google Cloud to focus on implementing agentic AI at an enterprise scale. The collaboration aims to enhance productivity and streamline workflows using Google Workspace and Gemini Enterprise. Read more
Northwestern Medicine and Founders Factory Launch AI Accelerator
Northwestern Medicine has partnered with Founders Factory to establish an accelerator program for UK and European AI startups in the US healthcare market. This program aims to facilitate the testing and commercialization of AI solutions within a major American healthcare system. Read more
Miele Expands IFS.ai for Global Field Service Management
Miele, a premium appliance manufacturer, is expanding its partnership with IFS to implement IFS.ai for field service management in over 25 countries. This initiative follows successful deployments in Australia and New Zealand. Read more
Kyvos Insights Integrates with Claude Cowork for Big Data Analytics
On February 11, 2026, Kyvos Insights announced its integration with Claude Cowork, enabling agentic analytics on enterprise big data to enhance data analysis accuracy and reliability. Read more
Man Group Partners with Anthropic for AI in Investments
Man Group has announced a partnership with Anthropic to integrate AI into its investment strategies, aiming to enhance insights and performance. Read more
Entrust and Google Partner for AI Identity Verification
Entrust and Google have announced a strategic partnership to enhance AI-powered identity verification and fraud monitoring, leveraging Google Cloud's infrastructure and AI capabilities. Read more
Anthropic Expands to Bengaluru with New Partnerships
On February 16, 2026, Anthropic opened a new office in Bengaluru and announced partnerships to enhance AI applications in sectors like enterprise, education, and agriculture across India. Read more
Swann Uses AWS Bedrock for AI in IoT Devices
Swann Communications has integrated a generative AI system using Amazon Web Services Bedrock to manage notifications across over 11.74 million IoT devices, aiming to enhance security alerts and reduce irrelevant notifications. Read more
Qvinci and Harmonyze Partner for AI Coaching in Franchises
On February 11, 2026, Qvinci Software and Harmonyze announced a strategic partnership to enhance AI-driven performance coaching for franchises by integrating financial data with coaching insights. Read more
Infosys and Anthropic Partner for AI in Regulated Industries
On February 17, 2026, Infosys and Anthropic announced a strategic collaboration to develop AI solutions for regulated industries, focusing on enhancing automation and compliance. Read more
Fujitsu Unveils AI Software Development Platform
Fujitsu has launched an 'AI-Driven Software Development Platform' designed to automate the software development lifecycle using AI technology and large language models. The platform aims to significantly boost productivity and will be available globally in fiscal year 2026. Read more
Jump and Wealth.com Partner for Estate Planning Integration
AI solutions provider Jump has teamed up with Wealth.com to integrate estate planning data into financial advisors' workflows, aiming to streamline processes and reduce manual data entry. Read more
DIC Corporation and Emerald Technology Ventures Launch $62M Physical AI Fund
DIC Corporation has teamed up with Emerald Technology Ventures to create a $62 million investment portfolio focused on advancing the Physical AI sector. The partnership includes startup investments and a new subsidiary in Zurich to boost innovation in robotics and automation. Read more
Unilever and Google Cloud Partner for AI Transformation
Unilever and Google Cloud have entered a five-year partnership to enhance Unilever's business using AI and data technologies. The collaboration aims to improve brand discovery and marketing for Unilever's global brands. Read more
Glean Transitions to AI Middleware for Enterprises
Glean is shifting its focus from being an AI search tool to serving as an intelligence layer that connects enterprise systems with AI models. The company plans to integrate with platforms like Slack and Salesforce, enabling businesses to switch between AI models while maintaining data governance. Read more
Thales Opens AI Research Hub in Bengaluru
The opening of Thales Research & Technology India in Bengaluru is part of the company's global innovation strategy, aiming to boost India's R&D ecosystem with a focus on AI and cybersecurity. Read more
Linux Foundation Report on Open Source in India's AI Growth
A report by the Linux Foundation indicates that open source innovation is pivotal for the growth of India's AI market, which is expected to expand significantly by 2031. Read more
AsiaPhos and China Mobile Collaborate on AI Data Centers in Southeast Asia
Singapore-based AsiaPhos Limited has partnered with China Mobile International Limited to enhance AI computing and data center services in Indonesia, Malaysia, and Singapore. Read more
Adani Group to Invest $100 Billion in AI Data Centers
Adani Group plans to invest $100 billion by 2035 in AI-ready data centers in India. This move aims to boost India's role in AI and cloud computing sectors. Read more
Jellyfish and Augment Code Partner for AI Integration
Jellyfish has partnered with Augment Code to integrate AI telemetry, aiming to enhance engineering productivity for clients like TaskRabbit. The collaboration has reportedly improved issue cycle time and deployment rates. Read more
Gaxos.ai Partners with BytePlus to Enhance AI Video Tools
Gaxos.ai has partnered with BytePlus, a division of ByteDance, to improve its AI video generation capabilities. This collaboration aims to enhance Gaxos' Art-Gen platform and accelerate its market presence. Read more
Microsoft's $50 Billion AI Investment in Global South
At the India AI Impact Summit, Microsoft announced a $50 billion investment plan to improve AI access in the Global South, aiming to bridge the AI usage gap with the Global North. Read more
Qualcomm's $150M Investment in Indian AI Startups
Qualcomm has announced a $150 million investment in India's AI startup ecosystem through its investment arm, Qualcomm Ventures. The new 'Strategic AI Venture Fund' will support startups focusing on edge AI technologies across various industries. Read more
Carrefour and Vusion to Digitize Stores by 2030
Carrefour and Vusion have announced a partnership to digitize all of Carrefour's hypermarkets and supermarkets in France by 2030, using AI-driven technology to improve efficiency and customer experience. Read more
Microsoft Launches AI Marketplace for Healthcare Content
Microsoft has introduced the Licensed Content Marketplace, designed to allow healthcare publishers to manage AI access to their intellectual property. Developed by Admanager and powered by Doceree, this initiative aims to convert medical IP into a recurring revenue stream and prevent unauthorized data scraping. Read more
Nokia Predicts 700% WAN Traffic Increase by 2034
A report from Nokia forecasts a 700% rise in wide area network traffic by 2034, driven by the expansion of AI workloads. The study emphasizes the necessity for networks to meet low-latency demands as AI becomes more prevalent. Read more
Ambient.ai Launches New AI Model and Doubles Revenue
Ambient.ai has announced a significant increase in its annual recurring revenue and introduced Ambient Pulsar, an AI model optimized for physical security, which processes over 200 million video hours annually. Read more
Nvidia Partners with Activate to Support Indian AI Startups
Nvidia is enhancing its engagement with India's AI startups by partnering with early-stage venture firm Activate to support founders before their companies are established. This initiative aims to secure future demand for Nvidia's AI chips and software as the Indian market expands. Read more
AMD and TCS Collaborate on AI Architecture in India
AMD and Tata Consultancy Services (TCS) have announced a collaboration to develop the 'Helios' rack-scale AI architecture in India, aimed at enhancing AI capabilities for enterprises. Read more
Ericsson Unveils AI-Ready Network Solutions
Ericsson has introduced a new range of AI-ready radios, antennas, and AI RAN software aimed at boosting mobile network performance. These innovations focus on enhancing uplink performance, energy efficiency, and reducing total cost of ownership. Read more
Toyota Tsusho Invests in LINKWIZ for AI Robotics
Toyota Tsusho Corporation has announced an investment in LINKWIZ, Inc., focusing on developing advanced autonomous robots to tackle manufacturing challenges like labor shortages. Read more
Replit and Databricks Partner for Enterprise Data Apps
The partnership between Replit and Databricks focuses on improving the development and deployment of enterprise data applications, enhancing team collaboration while ensuring data security and governance. Read more
Vantor and Google Collaborate on AI Imagery Integration
Vantor has partnered with Google to integrate Google Earth AI imagery models into its Tensorglobe platform, enhancing geospatial analysis for government missions. Read more
HII and Path Robotics Collaborate on AI for Shipbuilding
On February 17, 2026, HII and Path Robotics announced a partnership to integrate AI-driven welding technology into shipbuilding, aiming to improve efficiency and workforce capabilities. Read more
Anthropic and Pratham Launch AI Tool for Indian Schools
The AI company Anthropic has teamed up with Pratham to introduce the 'Anytime Testing Machine', an AI-driven tool aimed at improving educational assessments in Indian schools. Read more
Lantern Partners AI Collaborates with Estee Manufacturing
Lantern Partners AI has partnered with Estee Manufacturing to enter the manufacturing sector, focusing on using AI to improve manufacturing processes. Read more
OpenAI Partners with Pine Labs in India
OpenAI has partnered with Pine Labs to strengthen its role in India's fintech industry by developing AI solutions for the local market. Read more
Anthropic and CodePath Collaborate to Enhance CS Education with AI
On February 13, 2026, Anthropic and CodePath announced a partnership to integrate AI tools into the curriculum of the largest collegiate computer science program in the US, aiming to benefit over 20,000 students. Read more
Capgemini Aims for AI-Driven Growth by 2026
Capgemini is shifting its focus towards artificial intelligence to drive revenue growth, with projections of 6.5% to 8.5% by 2026. The company is collaborating with major firms like Microsoft and Alphabet to enhance its AI capabilities. Read more
T-Mobile US Launches AI Platform for Live Translation
T-Mobile US has announced the launch of a real-time AI platform integrated into its network, enabling phone call translations in over 50 languages without additional apps or hardware. Read more
AES and Haven Safety AI Launch Worker Safety Platform
AES has partnered with Haven Safety AI to launch an AI-driven safety platform aimed at improving worker protection in high-risk environments. This development occurs alongside reports of acquisition interest in AES by BlackRock’s Global Infrastructure Partners and EQT AB. Read more
Figma Partners with Anthropic for AI Code Editing
Figma has announced a partnership with Anthropic to introduce 'Code to Canvas', a feature that converts AI-generated code into editable designs within Figma. Read more
SpaceX and MTN Partner for Satellite Services
MTN has partnered with SpaceX to provide satellite communication services for government and defense sectors, utilizing SpaceX's low Earth orbit satellites. Read more
OpenAI and Tata Group Partner for AI Data Center in India
OpenAI has teamed up with Tata Group to establish 100 megawatts of AI-ready data center capacity in India, with future plans to expand to 1 gigawatt. This initiative is part of OpenAI's Stargate project to boost AI infrastructure and adoption in the region. Read more
Ericsson Introduces AI-Powered Network Optimization Service on AWS
Ericsson has launched its Agentic rApp as a Service on AWS Marketplace, aimed at enhancing network optimization with AI technologies. This service is designed to help communication service providers move towards autonomous networks by simplifying deployment and improving scalability. Read more
Mission Cloud and Vantage Partner for AI FinOps on AWS
On February 18, 2026, Mission Cloud announced a partnership with Vantage to deliver AI-enabled financial operations services for AWS customers, focusing on cost management and optimization. Read more
Alphabet and Sea Ltd Collaborate on AI for Shopee and Garena
Alphabet's Google unit has partnered with Sea Ltd to develop AI tools for Shopee and Garena. The partnership focuses on creating an AI shopping prototype and improving game development productivity. Read more
Quantum Secure Encryption Corp. Sees Record Security Spending
Global IT spending is projected to reach $6.15 trillion by 2026, with a focus on AI and security. Quantum Secure Encryption Corp. has updated its platform to address quantum threats and expanded partnerships in India and Indonesia. Read more
Ant Group Invests in AI Healthcare Sector
Ant Group has announced a strategic investment in the AI healthcare sector, aiming to reach a significant portion of China's population with its AI Doctor Agents and health app AQ. Read more
Luma AI Opens Riyadh Office and Partners with Publicis Groupe
Luma AI has opened a new office in Riyadh, Saudi Arabia, and partnered with Publicis Groupe Middle East to enhance AI-driven creative communications in the MENA region. Read more
Valeo and 2CRSi Unveil Edge Data Center for Indian Telecom
Valeo and 2CRSi have introduced an outdoor autonomous immersion-cooled edge data center to support AI and 5G in India, combining thermal management and server architecture expertise. Read more
Eternal Partners with OpenAI for AI Integration
Eternal has partnered with OpenAI to enhance AI capabilities on its Zomato and Blinkit platforms. The collaboration focuses on deploying AI to improve operations and user experience. Read more
CharterUP and HOLON Partner for Autonomous Shuttles
CharterUP has teamed up with HOLON to promote the use of autonomous shuttles by integrating their technologies. This partnership aims to transition transportation to autonomous systems in areas like campuses and airports. Read more
OpenAI Partners with Indian Universities for AI Integration
OpenAI has collaborated with six major Indian universities to incorporate AI tools into their academic systems. This initiative will provide access to ChatGPT Edu tools and training for over 100,000 students and staff. Read more
NVIDIA Partners with Cadence, Siemens, and Synopsys for AI in Indian Manufacturing
NVIDIA has teamed up with Cadence, Siemens, and Synopsys to enhance AI infrastructure for India's largest manufacturers. This collaboration focuses on modernizing manufacturing processes with NVIDIA's AI technologies as India invests heavily in new manufacturing capabilities. Read more
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