Jane Street has committed $7 billion to CoreWeave in a combined cloud services and equity deal, marking one of the largest single institutional commitments to an AI infrastructure company to date. The transaction spans both a long-term cloud compute contract and a direct equity stake, giving Jane Street meaningful exposure across CoreWeave's revenue base and ownership structure simultaneously. CoreWeave, which operates GPU-dense data centers and sells compute capacity primarily to AI model developers and enterprises, has been aggressively securing large anchor commitments as it scales capacity ahead of demand. The dual structure of the deal, cloud contract plus equity, aligns Jane Street's financial incentives with CoreWeave's growth trajectory, reducing counterparty risk for CoreWeave while giving Jane Street upside if compute demand sustains. The deal adds to a string of large-scale commitments CoreWeave has attracted from institutional and strategic investors, and signals continued conviction that AI infrastructure spending remains durable. Watch for how this shapes CoreWeave's balance sheet leverage and future IPO or financing optionality.
Indian startups raised $5.2 billion across 501 deals in H1 2026, down 9% in value but up 7% in deal count year-on-year, per the Inc42 Indian Tech Startup Funding Report. The drop is driven by fewer mega-rounds, while AI funding surged 317% and growth-stage deal activity hit a multi-year high.
The BSE Sensex fell 893 points and the Nifty 50 shed 279 points on June 30, 2026, wiping out roughly Rs 6 lakh crore in investor wealth in a single session. Both indices dropped 1.16%, closing at 76,200.68 and 23,824.10 respectively.
Kotak Mahindra Bank shares fell nearly 3% to Rs 397.6 after CEO Ashok Vaswani announced plans to exit the bank. Investor concern now centres on succession timing and whether the bank's ongoing digital and deposit-growth strategy will stay on track.
South Korea's Kospi dropped 3% at Monday's open while Japan's Nikkei fell 1%, as escalating US-Iran conflict triggered a broad risk-off move across Asian markets. South Korea's heavy reliance on Middle East oil imports makes it especially vulnerable to geopolitical shocks of this kind.
