20 results found
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.
India's Ministry of Electronics & Information Technology (MeitY) is actively evaluating over 760 AI application proposals from various ministries, signaling a significant push towards integrating AI in public services and establishing a robust regulatory framework for responsible AI use across the n
Despite a significant downturn in the broader IT sector, India has witnessed a remarkable 16% increase in Artificial Intelligence job listings. This counter-cyclical growth highlights AI's critical role in the future of technology and presents a unique opportunity for Indian students, developers, an
Inc42's FY26 Financial Tracker provides an ongoing, in-depth analysis of India's startup ecosystem, monitoring the financial performance of hundreds of publicly listed, unicorn, soonicorn, and growth-stage companies. It offers crucial insights into revenue, expenses, profitability, and valuations, s
New AI models from China and Japan are emerging, claiming performance parity with Anthropic's powerful Mythos, signaling a significant shift in the global AI landscape. This development opens new avenues for innovation and competition, with critical implications for India's tech ecosystem.
India has strategically joined a US-led initiative with 34 nations to build resilient AI supply chains, concurrently emphasizing its critical demand for assurances against abrupt technology cutoffs. This move solidifies India's commitment to securing its future in the global AI landscape and ensurin
OpenAI has previewed its next-generation AI model, GPT-5.6 'Sol,' while concurrently addressing a US government request for a staggered, controlled release. This move highlights growing concerns about AI safety and the responsible deployment of increasingly powerful models, with significant implicat
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
OpenAI has appointed Prabhjeet Singh, former President of Uber India and South Asia, as its new Managing Director for India. This strategic hire underscores OpenAI's commitment to India, a rapidly growing market for AI adoption and talent.
India is gearing up to launch its National Science AI Research Institute by June 2026, a pivotal move poised to significantly boost the nation's capabilities in artificial intelligence research, innovation, and talent development. This initiative marks a crucial step in cementing India's position on
Users are reporting significant frustration with Google's new AI Overviews, citing 'disregard' glitches where the AI ignores explicit query instructions. This raises critical questions about AI reliability and trust in search, especially relevant for India's rapidly expanding digital user base.
Microsoft has internally restricted employee access to Anthropic's Claude Fable model due to "data retention risk" concerns. This move highlights the critical challenges enterprises face in balancing cutting-edge AI adoption with stringent data privacy and governance requirements, resonating strongl
Indian enterprises are discovering that specialized Small Language Models (SLMs) offer superior performance, cost-efficiency, and data privacy compared to large, general-purpose LLMs for specific business needs. This shift prioritizes domain-specific accuracy and operational agility.
Amazon has secured a substantial $17.5 billion in bank loans, following a $17 billion bond sale, to further escalate its investments in artificial intelligence infrastructure. This significant capital injection underscores the tech giant's commitment to dominating the AI space, with profound implica
Apple's Siri is set to receive a significant intelligence upgrade with Google's Gemini AI integration, launching initially in the US. This collaboration promises a smarter Siri but highlights the ongoing geographical disparity in the rollout of cutting-edge AI features, leaving Indian users eager fo
India's Ambassador to the US, Taranjit Singh Sandhu, engaged top US tech leaders in Silicon Valley, emphasizing collaboration on advanced AI and quantum computing. These strategic discussions aim to strengthen the India-US technology partnership and align policies for future innovation, directly imp
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.
IndiaAI-backed Avataar has launched Varya, a homegrown 'distilled video AI model' capable of generating frontier-quality videos at 10x lower costs. This marks a significant milestone for India's indigenous AI capabilities, setting new benchmarks in efficient video creation.
The Haryana government has launched a pioneering AI Sandbox initiative in Gurugram, targeting five critical sectors: healthcare, agriculture, urban development, manufacturing, and IT/ITeS. This move aims to position Gurugram as a leading AI innovation hub, fostering homegrown solutions.
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.