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INDIAAI MISSION
India's IT model is out of date. Can the industry reinvent itself?Indian IT companies have survived many technological upheavals. But AI is threatening their pyramid model resting on an army of workforce p...
AI won't diminish IT services, will instead make it more vital: Anand Mahindra at Tech Mahindra AGMTech Mahindra Chairman Anand Mahindra said AI will not replace India's IT services industry but make it more important by driving enterpris...
Government offers free AI course with certificate under IndiaAI Mission; check how to apply, direct link, eligibility and moreMeitY offers a free YUVA AI course through government platforms. This initiative aims to provide basic artificial intelligence knowledge to...
Open-source AI will offer India code sovereignty: ExpertsIndia cannot own every AI layer, but open ecosystems and optionality can avoid vendor lock-in and establish control over critical data, gov...
MeitY empanels six tech firms including TCS and CoRover for Government AI MissionThe National e-Governance Division (NeGD) under the Ministry of Electronics and Information Technology (MeitY) has empanelled six technolog...
Yotta Data Services in talks with PE funds to raise $1 billionYotta Data Services is reportedly seeking $1 billion from global and domestic funds, aiming to sell a 25-30% stake at a $3 billion valuatio...
From OpenAI to Sarvam, governments may want skin in the AI gameGovernments are exploring ownership stakes in leading AI firms like OpenAI and Sarvam AI, signaling a shift in viewing artificial intellige...
India eyes open source, homegrown AI amid access curbs on frontier modelsIndia is championing open-source and homegrown AI models to counter potential access restrictions on advanced frontier technologies. The IT...
Digital India to power India's growth story with AI, chips and DPI: MeitYIndia is poised for a digital leap, with AI, semiconductors, and indigenous manufacturing set to drive economic growth. Building on a decad...
Fermac AI Systems and RockyEmbed: Advancing India's AI FutureFermac AI Systems is an Indian AI company developing innovative AI solutions and industry-focused training programs. Its flagship model, Ro...
Sarvam gets state backing; Andy Jassy’s India visitHappy Thursday! The Indian government may soon end up taking a stake in Sarvam AI. This and more in today’s ETtech Morning Dispatch.
IndiaAI backing could make government a minority shareholder in SarvamThe central government could end up with a 1-2% stake in AI startup Sarvam, valued at $1.5 billion, as part of its $300 million funding rou...
From Rs 4,900 crore to Rs 41,300 crore: How Sanjeev Bikhchandani turned 135 startups into a 743% return machineSanjeev Bikhchandani's Info Edge has achieved remarkable capital compounding, deploying Rs 4,900 crore across 135 startups since 2007, now ...
When frontier AI can be switched off: India's sovereignty challengeIndia must not depend on foreign AI models, as US export controls demonstrate potential access denial. Past reliance on external tech, like...
Info Edge says it invested Rs 1,003 crore on AI, deeptech startups since 2020Info Edge, the parent of Naukri, has significantly boosted its AI and deeptech investments, pouring Rs 1,003 crore into 54 startups since 2...
Karnataka approves 50 AI labs in government collegesKarnataka is establishing 50 AI labs in government colleges to boost emerging tech skills and employability in smaller cities. This initiat...
India won't be second to anybody in developing foundational AI models: IT SecretaryIndia is stepping up its AI game with the launch of Varya, its first indigenous AI video model. Developed by Avataar. ai with support from ...