19 results found
NVIDIA's Nemotron 3.5 Lightning, a compact yet powerful 8-billion-parameter LLM optimized for AI agents, is now available on Oracle Cloud Infrastructure (OCI) Enterprise AI. This integration offers Indian businesses and developers a robust platform for deploying advanced, efficient agentic AI soluti
Venture capital giant Accel has successfully closed its ninth India-focused fund, an oversubscribed $550 million, signaling a strong doubling down on artificial intelligence startups in the rapidly evolving Indian tech landscape. This move underlines growing investor confidence in India's AI potenti
India's tech landscape is abuzz with significant developments, from Delhivery's strong Q1 results hinting at improved unit economics to Ola Electric's rebound, fueling anticipation for its potential IPO. These movements, alongside a growing list of startups eyeing public markets, underscore a maturi
Global PE firm TPG Growth has offloaded its entire stake in Indian logistics tech giant Shadowfax for ₹301.6 Cr, marking a significant exit and signaling evolving investor confidence in the booming Indian last-mile delivery sector. This transaction reshapes Shadowfax's cap table and underscores the
Bengaluru-based enterprise AI startup Kily has secured ₹30 crore in a seed funding round led by Sorin Investments to revolutionize commerce automation. This significant investment underscores the growing confidence in AI's potential to streamline operations for large retailers and brands in India an
Red Hat has launched 'asago', a new open-source project designed to automate AI governance throughout the machine learning lifecycle. This initiative aims to streamline compliance, explainability, and responsible AI practices, offering a crucial tool for Indian enterprises and startups navigating th
Artificial intelligence is rapidly reshaping recruitment within India's Global Capability Centers (GCCs), streamlining processes and intensifying the hunt for highly specialized skills. This shift demands a strategic pivot from Indian tech talent towards niche expertise in AI, data, and cloud.
Myntra is leveraging Generative AI on Google Cloud's Vertex AI to transform both how Indian shoppers discover fashion and how sellers manage their catalogs, introducing features like natural language style search and automated product listings.
Indian startups successfully secured $137 million in funding during the week of April 29 to May 4, 2024, with Artificial Intelligence platforms attracting the lion's share of these crucial investments, signalling strong investor confidence in India's burgeoning AI sector.
Boeing India is actively recruiting Associate AI/ML Engineers in Bengaluru to advance its predictive maintenance capabilities. This move highlights the aerospace giant's commitment to leveraging artificial intelligence for enhanced operational efficiency and safety in aviation.
LG Display has realized over ₩200 billion (approx. ₹1,200 crore) in annual savings by integrating AI across its manufacturing processes, from quality control to energy management. This monumental achievement underscores the transformative power of AI in industrial settings, offering critical insight
Antigravity 2.0 has achieved the highest score in the OpenSCAD Architectural 3D LLM Benchmark, showcasing AI's growing prowess in generating complex 3D models from natural language. This breakthrough promises to revolutionize architectural design and rapid prototyping, offering significant implicati
Pegasystems has announced a significant ₹60 crore investment in a new Bengaluru research and development hub, poised to accelerate innovation in low-code AI technologies. This move underscores India's critical role in Pega's global strategy and its commitment to democratizing AI-powered business sol
Ahmedabad-based AI startup Rocket (formerly DhiWise), a platform helping developers build applications faster, is reportedly in advanced talks to raise $40-50 million in a new funding round. This potential investment highlights significant investor confidence in India's rapidly growing AI-powered lo
Hyderabad-based Equal AI has successfully secured $30 million in Series B funding, signaling a significant boost for the startup's mission to rapidly scale its innovative AI-powered call assistant application and strengthen India's position in the global AI landscape.
Salesforce has pledged to train one million individuals in India with AI skills by 2030, leveraging its free Trailhead platform to address the country's rapidly growing demand for AI proficiency and solidify its position as a global tech talent hub.
Mumbai-based agency Django has launched JAG AI, a pioneering platform designed to help brands build and integrate AI-first marketing teams around Anthropic's powerful Claude models. This move aims to empower marketers in India with advanced AI capabilities for enhanced strategy and content creation.
India's tech job market is witnessing a significant slowdown, driven by global economic uncertainties and the rapid adoption of AI. This shift is reshaping hiring priorities, pushing companies towards specialized skills while impacting traditional roles across IT services and startups.
Tata Consultancy Services (TCS) is adopting an "AI-first" strategy, integrating AI into every aspect of its business. This strategic shift, while positioning TCS for future growth, is causing uncertainty among its over 600,000 employees regarding the urgency of upskilling in AI and its implications