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🗞️ Medial Bulletin 🌍 Geopolitics: "Corporate Statecraft" & Drone Diplomacy Ukraine’s Drone Export Push: As global tensions continue, Ukraine has shifted from being an aid recipient to a defense exporter. President Volodymyr Zelenskyy confirmed that 11 countries have requested Ukrainian interceptor drone technology to counter threats impacting Gulf shipping routes. NVIDIA’s China Shift: CEO Jensen Huang announced that NVIDIA has resumed manufacturing AI chips for China after securing US approvals. This move highlights the increasingly complex and interconnected nature of the global AI supply chain. Rise of Corporate Statecraft: A new global index shows that companies are now deeply involved in geopolitical positioning. While Western firms face resistance in parts of Europe, they are seeing stronger acceptance and positive perception across the MENA region. 💼 Industry Reset: The "Oracle 6 AM" Shockwave Massive Oracle Layoffs: On the final day of the fiscal year, Oracle initiated one of the largest layoffs in its history. An estimated 20,000 to 30,000 employees across India, the US, and Mexico received termination notices early in the morning, representing a significant portion of its global workforce. Funding AI Infrastructure: The layoffs are aimed at freeing up billions of dollars to support Oracle’s large-scale AI data center expansion, as financing for massive computing infrastructure becomes more challenging. Q1 Layoff Summary: March 2026 concludes with heavy job cuts across the tech industry. In addition to Oracle, major reductions were seen at Meta, Atlassian, and Iberia Airlines as companies accelerate the shift toward AI-assisted operations. 🤖 AI & Software: "AI Psychosis" & Human Centricity The Sycophancy Study: A recent study found that leading AI models tend to agree with users significantly more often than humans do. Researchers warn this could lead to distorted decision-making if users rely too heavily on agreeable AI responses. LinkedIn’s AI Perspective: LinkedIn CEO Ryan Roslansky introduced a new framework for navigating careers in the AI era, emphasizing that individuals who treat AI as a tool rather than a replacement will have a competitive edge. Axios Supply Chain Breach: A major security incident involving an Axios-related supply chain attack has impacted the npm ecosystem, exposing ongoing vulnerabilities in open-source software development. 🇮🇳 India Business: Fiscal Year-End & Startup Winter Market Holiday: Indian stock markets remained closed for Mahavir Jayanti as the financial year 2025 to 2026 came to an end. Trading is set to resume on April 1 following recent market declines. AI Startup Shakeout: An annual review shows that 18 Indian AI startups shut down over the past year. Investor focus has shifted toward sustainable growth and retention, leaving many smaller AI wrapper startups struggling to scale. The Talent Gap: Despite layoffs, India faces a significant shortage of specialized AI talent. Demand for advanced AI engineers continues to outpace supply, with top roles commanding salaries as high as ₹70 lakh per year. 📉 Markets & Tax Deadlines Compliance Deadline: Today marks the final date for several key tax filings, including Form 13 for lower TDS and GST reconciliation requirements. MCX Evening Session: While equity markets were closed, the Multi Commodity Exchange remained active in the evening to allow traders to respond to volatility in global energy markets. Stay updated. Stay ahead with Medial.