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INDIAAI MISSION FUNDING
AI isn’t just for large enterprises: Xebia's Anand Sahay on why MSMEs could be AI’s biggest winnersAs India accelerates its sovereign AI ambitions, the focus is shifting from infrastructure to outcomes, how businesses can harness AI to im...
Blackstone-backed AirTrunk to invest $30 billion in India, develop 5 GW data centre capacity by 2030AirTrunk plans a massive investment of over 3 lakh crore rupees in India by 2030. This will develop more than 5 gigawatts of digital infras...
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
Aadhaar head to take additional charge as AI Mission CEOSaurabh Vijay, currently heading the Aadhaar body, will soon assume additional charge as the CEO of the India AI Mission. This strategic, g...
India's brain-gain moment may be starting with a crack in the American dreamAs green card backlogs, visa uncertainty and layoffs reshape the American dream, India is emerging as a stronger destination for globally e...
'With 50% of India’s capacity, Mumbai is the country’s data centre capital'Sanghi spoke with ET ahead of the Tech Entrepreneurs Association of Mumbai’s (TEAM) two-day event starting Friday. Others joining the discu...
Rising AI adoption to drive $23 billion into India's data centres by 2030: ReportIndia’s data centre capacity is set to grow at a 26% CAGR over the next five years, according to a report. It highlighted that AI-led infra...
Instant househelp orders jump; Agnikul eyes new fundingHappy Monday! Instant house help startups collectively reached three million monthly bookings in April. This and more in today's ETtech Mor...
Paperwork causing AI mission lag as startups flag funding, IP concernsIndiaAI mission startups face delays in formal agreements, impacting non-compute support and raising IP concerns. While compute access is p...
Skyroot Aerospace, KreditBee among latest startups to enter unicorn clubIndia's startup scene is experiencing significant growth. Several new companies have achieved unicorn status, valued at over $1 billion. Sk...
NASSCOM CoE bets on real-world deployment to scale India’s innovation ecosystemNASSCOM CoE is a key platform fostering India's digital innovation. It connects startups, businesses, and government to scale AI solutions....
India eyes US-led Pax Silica seed fundIndia is keen on getting access to the US State Department's new $250 million Pax Silica seed fund designed to secure global supply chains ...
Indian AI firms take up super hard stuffAI startups in India are now shifting their focus to move beyond applications and AI wrappers to build solutions in frontier deeptech areas...
Sarvam AI will open source its IndiaAI Mission AI modelsThe company has received the highest subsidy allocated under the IndiaAI Mission so far at Rs 98.68 crore, out of a bill of Rs 246.71 crore...
Bhashini CEO is now also the director of AI Kosh, applications development initiative under IndiaAI MissionAmitabh Nag, CEO of Digital India Bhashini, now also leads AI Kosh and IndiaAI Applications Development. AI Kosh offers datasets and models...
IndiaAI Mission draws 120 more proposals for sovereign AI modelsThe IndiaAI Mission received 120 applications in its second round, doubling the first round’s 67. With 187 total proposals, approvals are e...
India’s AI race heats up as entrepreneurs, researchers, and startups vie for IndiaAI Mission fundingIndia’s AI race heats up as entrepreneurs, researchers, and startups vie for IndiaAI Mission funding. With Rs 1,500 crore support and subsi...
AI Mission CEO pegs funding window for models at Rs 1500 croreThe IndiaAI Mission offers Rs 1,500 crore over five years to developers of foundation AI models, with funding through grants, compute credi...
Budget 2024: Allocation for MeitY increased by 52% to Rs 21,936 croreAllocation for semiconductor and display manufacturing increased to Rs 6,903 crore. The government has also allocated Rs 551.75 crore for I...
MeitY to kick off Rs 10,000-crore IndiaAI Mission on July 3The Ministry of Electronics and Information Technology will launch the IndiaAI Mission with a budget of Rs 10,372 crore and started invitin...