MAM
Yezdi Nagporewalla to lead KPMG India for second term
MUMBAI: : KPMG in India has reappointed Yezdi Nagporewalla as chief executive officer for a second three-year term starting February 2027, signalling the firm’s commitment to strategic continuity and aggressive market focus.
The extension comes on the back of a strong growth run under Nagporewalla’s leadership, marked by robust client engagement, sharper governance, and a culture of integrity-driven performance. His current term, which ends in early 2027, will be followed immediately by the renewed stint.
“It’s been our privilege to have Yezdi lead the India firm over the past three years,” said KPMG India non-executive chairman Ajay Mehra,. “His ability to build trust and strengthen relationships with clients and people has been crucial. His insights will help scale the firm to a brighter future.”
“It is both my honour and privilege to have been re-appointed as the CEO, and I look forward to inspiring confidence and empowering change among our clients and colleagues,” Nagporewalla said. “My focus will be to continue sharpening the firm’s client focus, integrating innovative approaches, deepening expertise and enhancing our culture to unlock value for our clients. Over the past years, we have built trust among our stakeholders with a clear emphasis on ethics and quality which will remain our core. As a firm, we aim to realise the vision of being the ‘clear choice’ and ‘making the difference’ for our clients, people and public at large. We will double down on our focus towards both – nation building and our firm’s growth.”
Under his stewardship, the firm has significantly expanded its partner and director base, attracted top talent from rivals, and clocked strong performance metrics. With the India market evolving at pace, the decision underscores the board’s confidence in Nagporewalla’s vision to make KPMG the “clear choice” for clients and stakeholders.
Brands
Amazon doubles down on Anthropic with $25bn AI investment plan
Deal locks in massive compute capacity and pushes Claude deeper into AWS stack
MUMBAI: Amazon and Anthropic have significantly expanded their strategic partnership, committing to a long-term collaboration that combines billions in fresh investment with one of the largest AI infrastructure deals to date.
At the heart of the agreement is Anthropic’s plan to spend more than $100 billion over the next decade on AWS technologies. This includes access to up to 5 gigawatts of compute capacity powered by successive generations of Trainium chips, alongside tens of millions of Graviton cores. The scale signals a clear intent to future-proof the infrastructure behind its fast-growing Claude models.
In parallel, Amazon will invest $5 billion in Anthropic immediately, with the option to add up to $20 billion more tied to performance milestones. This builds on the $8 billion the tech giant has already committed to the AI firm.
The collaboration also tightens product integration. Anthropic’s full Claude Platform will now be accessible directly within AWS, allowing developers to use its native tools without leaving their existing cloud environment. The models are already widely used through Amazon Bedrock, where more than 100,000 customers are running Claude for tasks ranging from customer support to scientific research.
Amazon CEO Andy Jassy said, “Our custom AI silicon offers high performance at significantly lower cost for customers, which is why it’s in such hot demand.” He added that Anthropic’s long-term commitment to Trainium reflects the progress both companies have made in building scalable AI infrastructure.
Anthropic CEO and co-founder Dario Amodei said, “Our users tell us Claude is increasingly essential to how they work, and we need to build the infrastructure to keep pace with rapidly growing demand.” He noted that the partnership would help advance research while serving a rapidly expanding user base.
The two companies have already been working closely since 2023. Their joint efforts include Project Rainier, a massive AI cluster featuring hundreds of thousands of Trainium chips, now used to train and deploy newer versions of Claude. The new agreement extends this momentum, with fresh capacity expected to come online through 2026, including next-generation Trainium3 and Trainium4 chips.
Anthropic’s growth has been equally striking. The company says its annualised revenue run rate has crossed $30 billion, up sharply from about $9 billion at the end of 2025, driven by surging enterprise and consumer demand. That rapid uptake has also strained infrastructure, making this expanded deal as much about stability as it is about scale.
The partnership will also expand globally, with increased inference capacity planned across Asia and Europe, ensuring Claude’s reach keeps pace with its popularity.
From powering ride-hailing support systems to accelerating drug research workflows, Claude’s use cases continue to broaden. With this deal, Amazon and Anthropic are not just adding more compute, they are doubling down on a shared bet that AI’s next leap will be built on deeper, tighter integrations between models and infrastructure.
If the past few years were about proving the promise of generative AI, this alliance suggests the next phase will be about building it at industrial scale.
