20 results found
Indian drone manufacturer ideaForge has announced a significant return to profitability, reporting a net profit of ₹6.5 Cr in Q2 FY24. This turnaround, following a loss in the previous quarter, signals strong operational momentum and renewed investor confidence in India's burgeoning deep tech and dr
Aavishkaar Capital has closed its India Fund VI at $263 million, targeting early to mid-stage startups in green sectors, fintech, and those enabling rural AI access across India. This fund aims to drive sustainable development and financial inclusion through impact investing.
Liquid AI has introduced LFM3, leveraging Liquid Neural Networks to build highly specialized, efficient multimodal AI models. This breakthrough aims to overcome the limitations of general-purpose LLMs, offering tailored, cost-effective solutions crucial for India's diverse tech landscape.
Viasat and IN-SPACe have unveiled six finalists for the 'Space for Good India STEM Challenge', highlighting innovative Indian student projects leveraging satellite technology for social impact, from flood prediction to precision agriculture.
Goldman Sachs projects India's listed AI market could see a staggering $100 billion surge from Initial Public Offerings (IPOs) over the next five years, signaling massive growth and investment opportunities in the sector. This forecast underscores the rapidly expanding AI landscape in India, driven
Indian AI startups are witnessing a substantial surge in funding, particularly for those focused on deep tech innovations. This trend highlights increasing investor confidence in India's capacity to build advanced AI solutions and marks a pivotal moment for the nation's tech ecosystem.
The IndiaAI Mission has significantly boosted indigenous AI development by allocating 9.3 million GPU hours to 237 diverse projects. This massive computational support is a strategic move to foster AI innovation, reduce reliance on foreign infrastructure, and position India as a global AI leader.
Indian deeptech and AI startups are experiencing a significant surge in funding and government support, highlighted by the ₹10,000 crore IndiaAI program and major investments in homegrown unicorns like Krutrim AI and Sarvam AI. This momentum is positioning India as a formidable global AI innovation
Google announces significant advancements in its AI portfolio, highlighted by breakthroughs like Gemini 1.5 Pro and Imagen 3, delivered via Google Cloud Vertex AI. These updates promise unprecedented multimodal capabilities and enterprise-grade tools, poised to transform India's burgeoning tech and
Nvidia's chief, Jensen Huang, believes widespread fears about AI's existential threat are exaggerated, viewing AI as a powerful tool to augment human capabilities rather than replace them. This perspective encourages a focus on integration and innovation, holding significant implications for India's
India's spacetech sector is experiencing a significant boom, driven by government reforms and a surge in startups and funding. However, investors remain cautious due to long gestation periods, high capital needs, and regulatory uncertainties, seeking more patient capital and clearer market framework
Enlight Metals, an Indian startup leveraging Agentic AI to revolutionize metal procurement, has secured $1.5 million in funding from Exar North Group. This investment underscores the growing potential of AI in optimizing traditional B2B supply chains, particularly crucial for India's industrial sect
India's AI talent landscape is evolving, moving beyond the mere creation of AI models to a critical demand for deployment expertise and 'AI accountability'. The new challenge isn't a shortage of AI engineers, but a scarcity of professionals skilled in operationalizing AI ethically and effectively.
Bengaluru-based Pixxel has raised $100 million in India's largest Series C funding for a space tech startup, bringing its total funding to over $150 million. This capital will accelerate the deployment of its hyperspectral imaging satellite constellation, providing critical Earth observation data fo
Anthropic has unveiled a new 'tool use' framework, enabling its AI models like Claude to interact with and control physical machines. This development shifts AI beyond mere conversation, opening doors for advanced automation and real-world task execution, particularly impactful for India's industria
The Indian government is set to offer a lucrative monthly salary of ₹4.58 lakh to highly skilled AI professionals, aiming to attract and retain top talent for national AI initiatives. This move signals a strong commitment to building a robust domestic AI ecosystem and positioning India as a global A
Tamil Nadu has launched ambitious AI initiatives, including the Tamil Nadu AI Mission (TNAIM) and a dedicated AI policy, aiming to establish the state as a national deep-tech leader. This strategic move is set to foster innovation, talent, and economic growth across India.
Indian tech hiring is undergoing a significant transformation, moving towards specialized core AI engineering, particularly in Generative AI and MLOps. Apidays India is positioned to connect this crucial talent with businesses, emphasizing the vital role of APIs in scaling AI solutions and fostering
India is significantly boosting its AI capabilities with the rollout of 20,000 new GPUs and a massive ₹1 lakh crore innovation fund under the IndiaAI Mission. This strategic move aims to democratize access to high-performance computing and foster deep tech innovation across the nation.
India is experiencing unprecedented growth in its AI job market, driven by rapid AI adoption across diverse sectors. The country, already a top global talent hub, faces an urgent demand for skilled AI professionals, leading to significant salary premiums and robust career opportunities.