Reliance Industries is planning to raise as much as $1.3 billion via local-currency bonds as early as next week, people familiar with the matter said, which would make it the largest listed deal in the market this year.

Reliance on a small number of cloud providers, software platforms, or AI models concentrates risk. One exploited weakness can ripple across many institutions at once. Our blog explains why authorities must ask whether the system can absorb these shocks.

Reliability Sprint Token usage grew 3.5x in a quarter and led to reliability issues across our databases, vector search, job queues, and document processing infra. We implemented database sharding and tighter incident detection, and migrated to horizontally scalable systems like Turbopuffer and Temporal among many other efforts. Resolved all major reliability issues in two months, now Harvey is scaling as fast as before but much more reliably for our customers.

Import-reliant nations in Southeast Asia are rolling out emergency decrees and rushing to subsidize rooftop solar panels as conflict in the Middle East continues to drive up the price of fossil fuels.