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India Takes a Major Step in AI Development with AI Kosh and GPU Initiatives

New Delhi: India has introduced AI Kosh, a repository of non-personal datasets designed to support the development of large language models (LLMs). This initiative, led by the Ministry of Electronics and Information Technology (MeitY), is part of the country’s broader strategy to strengthen its artificial intelligence (AI) ecosystem. AI Kosh will also facilitate startups’ access to the India AI Mission’s 18,693 GPUs (Graphics Processing Units), which will be available at subsidized rates, according to MeitY. The initiative is expected to accelerate AI research and model training within the country. India’s…

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Jeff Bezos on Why the U.S. Leads in Entrepreneurial Success: The Role of Risk Capital

The United States is home to some of the world’s most innovative companies, from tech giants to disruptive startups. Amazon founder Jeff Bezos recently shared his perspective on why America consistently produces successful businesses. According to Bezos, the key lies in the country’s unique approach to risk capital. The Power of Risk Capital Discussing why American ventures thrive disproportionately, Bezos noted: “People often wonder why the U.S. dominates when it comes to major tech companies and startups. Why do we see such dynamism here compared to other parts of the…

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DeepSeek’s Next AI Powerhouse: What to Expect from the Highly-Anticipated R2 Model

Anticipation is growing around the upcoming release of DeepSeek’s latest AI model, R2. Initially projected to launch in May this year, reports now suggest that the Chinese AI firm is fast-tracking its release, aiming to build upon the foundation set by its predecessor, R1, which debuted in January 2025. Advancements in DeepSeek-R2 The next-generation AI model, DeepSeek-R2, is expected to introduce improved reasoning capabilities across multiple languages beyond English. Additionally, it is set to enhance its coding generation features and incorporate multimodal functionalities. Despite the increasing speculation, DeepSeek has remained…

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India Hosting GAISA 5.0: Paving the Way to Becoming a Global AI Hub

Artificial Intelligence (AI) is transforming industries, economies, and societies worldwide, with India rapidly emerging as a key player in this technological revolution. The 5th edition of the Global Artificial Intelligence Summit & Awards (GAISA 5.0) presents a landmark opportunity for India to position itself as the global hub for AI innovation, investment, and development. By hosting this prestigious summit, India is set to attract global leaders, investors, researchers, and entrepreneurs, fostering collaboration and driving AI advancements at an unprecedented scale. This article explores how GAISA 5.0 will accelerate India’s journey…

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Mira Murati Unveils Thinking Machines Lab: A New Era in AI Innovation

Mira Murati, former Chief Technology Officer at OpenAI, has officially launched her own AI startup, Thinking Machines Lab. Her unexpected exit from OpenAI last year raised many questions, and now she’s returning with a bold new vision—to create AI systems that are more adaptable, transparent, and aligned with human collaboration. A New Approach to AI Thinking Machines Lab is setting out to build AI that enhances human capabilities rather than replacing them. While details about its first product remain undisclosed, Murati has emphasized that the company will focus on customizable…

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Rising Giants: Dixon and Tatas Set to Compete for India’s EMS Crown

As India’s electronics manufacturing services (EMS) market experiences remarkable growth, two major players, Dixon Technologies and Tata Group, are preparing for intense competition to lead the sector. Dixon, a homegrown leader in EMS, has established a strong presence in the manufacturing of consumer electronics, appliances, and components. On the other hand, Tata Group, utilizing its vast resources and diverse expertise, is making bold strides to position itself as a significant contender in the EMS arena. This competition arises as India positions itself as a global manufacturing hub, supported by government…

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Walmart has announced the launch of strategic pilot programs in collaboration with Indian startups.

Walmart has launched new pilot programs in partnership with startups from India as part of its strategy to boost innovation and improve operational efficiency. Announced on January 23, 2025, this initiative seeks to harness the technological skills of Indian entrepreneurs to tackle key challenges like supply chain optimization, customer engagement, and sustainable practices. With its rapidly growing startup ecosystem, India offers Walmart a chance to explore innovative solutions that could revolutionize its operations both locally and globally. The company aims to leverage the creativity of these startups to enhance its…

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Indian IT companies are adopting varied AI strategies to drive innovation.

India’s IT services sector is adopting artificial intelligence (AI) in various ways as companies strive to establish their unique identities in the global tech arena. Seven of the leading IT firms in the country, including Tata Consultancy Services (TCS), Infosys, Wipro, and others, are each implementing different AI strategies to meet the diverse needs of their clients. TCS is concentrating on AI-driven automation to boost business efficiency, while Infosys is utilizing its AI platform, Infosys Nia, to deliver personalized customer experiences. Wipro is directing its efforts towards AI-based solutions for…

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Zomato and Swiggy’s shares have fallen due to increasing competition in the quick commerce sector.

Zomato and Swiggy, have taken a notable hit as competition in the quick commerce sector intensifies. Both companies experienced a drop in their stock prices due to increasing pressure from new entrants and heightened rivalry from established players in the fast-delivery market. Zomato’s stock fell by 3.2%, while Swiggy’s declined by 2.5% in the most recent trading session. This downturn reflects growing investor concerns about the escalating competition in the food delivery and quick commerce landscape, which has seen a rise in both new startups and the aggressive expansion of…

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Paytm’s Q3 FY25 results represent a significant milestone on the path to profitability

Paytm has announced strong financial results for Q3 FY25, indicating a significant step towards achieving profitability. The digital payments leader experienced a remarkable rise in revenue, fueled by robust growth in its payment services, financial products, and merchant solutions. The company’s EBITDA (earnings before interest, taxes, depreciation, and amortization) also demonstrated considerable improvement, showcasing its increasing operational efficiency and a growing user base. With a notable uptick in active users and a rise in both payment transactions and loan disbursements, Paytm is making steady progress towards its long-term profitability goals….

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