20 results found
DeepSeek has launched an open-source 'Super Agent Prototype,' a significant move democratizing advanced AI agent development. This initiative allows Indian developers and startups to explore and build sophisticated autonomous AI systems, fostering innovation across various sectors.
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
India's professional landscape is rapidly transforming as an overwhelming 97% of professionals are actively pursuing AI skills. This widespread upskilling reflects the critical need to adapt to evolving job roles and leverage AI for increased efficiency, driving significant shifts across the nation'
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.
Anthropic's Claude 3 AI models are showing early, significant success in accelerating critical stages of drug discovery, from literature review to hypothesis generation. This development holds immense potential for India, a global pharmaceutical powerhouse, to revolutionize its R&D and bring new med
Live2.ai, a prominent AI-powered marketing SaaS platform, has successfully raised ₹130 crore in funding to significantly expand its platform and bolster its market reach. This investment underscores the increasing traction for AI-driven solutions in revolutionizing marketing strategies for businesse
Bengaluru-based Nova Spectral AI has raised ₹21.2 Cr (approximately $2.5 million) in a pre-seed funding round to develop cutting-edge indigenous infrared sensor chips, marking a significant step towards India's self-reliance in critical deep tech hardware.
India's Commerce Ministry is strategically identifying job roles resilient to AI automation, focusing on human-centric skills like creativity and critical thinking. This initiative aims to position India as a global leader in future-proof professions, adapting its workforce for the evolving AI-trans
Telangana has introduced India's first AI Minister dedicated to enhancing citizen services, marking a significant step towards integrating artificial intelligence into public administration. This move aims to leverage AI for improved efficiency, accessibility, and responsiveness in government intera
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.
Eternal, the parent company of Zomato, is set to introduce 'Dark.ai,' a global privacy-focused AI platform aimed at power users, by 2026. This move signals a significant expansion into the AI domain with an emphasis on data security and user control.
India is actively considering a dedicated law for Artificial Intelligence to balance rapid innovation with critical concerns over governance, data privacy, and ethical deployment. This move aims to establish a robust framework for AI in the country.
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.
Figma has introduced powerful AI tools, including an AI assistant for design variants, text-to-mockup creation, and code assistance, set to enhance productivity for designers and developers globally, with significant implications for India's booming tech sector.
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
The University of Western Australia (UWA) has secured approval to establish its first Indian branch campus in Chennai, marking a significant step for international education in India. The campus will offer specialized postgraduate programs in Data Science and Artificial Intelligence, addressing the
India's startup ecosystem kicked off October strong, securing $418 million across 22 early-stage funding deals. This significant capital injection signals robust investor confidence and continued growth momentum across various sectors, reinforcing India's position as a vibrant hub for innovation.