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According to data from Traxcn in 2024, the total funding raised by technology startups providing AI as a service and AI infrastructure was $145.9 million through 29 rounds
Microsoft's restructuring plans began in 2023 with 10,000 layoffs, followed by 1,900 more in its gaming unit after the $75.4 billion Activision Blizzard acquisition
While numerous AI startups are emerging, other companies are integrating AI into their existing operations
The government's artificial intelligence programme unit IndiaAI and Microsoft have partnered to train 5 lakh individuals, including students, educators, developers, government officials, and women entrepreneurs on AI by 2026, a senior company official said on Wednesday. Microsoft India and South Asia President, Puneet Chandok told PTI that the USD 3 billion investment announced by the company's Chairman and CEO Satya Nadella will be on building tech, infrastructure and AI capacity and also on building the human capital in this country. "We had announced training for 20 lakh people last year. We have already trained 24 lakh. We have announced to train 1 crore people over the next five years. We have also signed an MoU with IndiaAI mission and as part of that, 5 lakh people will be trained," Chandok said. The government in March 2024 approved Rs 10,372 crore for the development of AI ecosystem in the country for five years. Under the collaboration, AI Productivity Labs in 20 National
The tech giant will also support the country's long-term competitiveness by training 10 million people over the next five years with AI skills
Microsoft CEO Satya Nadella announced a $3 billion investment to expand cloud and AI infrastructure in India, aiming to enhance regional capabilities and train 10 million people in AI by 2030
IT major Microsoft will invest USD 3 billion in India for the expansion of cloud and AI infrastructure in the country, the company's chairman and CEO Satya Nadella said on Tuesday. There is a fantastic momentum in India where people are pushing for a multi-agent kind of deployment. "I am really really excited to announce the single largest expansion we have ever done in India by putting USD 3 billion additional dollars to expand our Azure capacity," Nadella said. He said that the company is doing a lot of regional expansions in India. Nadella said that Microsoft's mission to empower every person and organisation in India drives the company. "To that end it is about being able to ensure that the human capital of this country is able to continue to scale, take advantage of immense opportunity and potential the technology has. That's why we are very excited to announce today our commitment, which we have always had, to train 10 million people around AI skills by 2030," Nadella said.
Perplexity has raised far more money than Neeva- $913 million compared with $77 million, according to Pitchbook- and its clean, comprehensive answers are drawing users
To strengthen its AI infrastructure and expand its data centre footprint, Microsoft has already committed significant financial resources
The chipmaker's market value increased by over $2 trillion last year, reaching $3.28 trillion at the close of 2024
Telangana Chief Minister A Revanth Reddy on Monday called on Microsoft CEO Satya Nadella at his residence here and sought the IT major's support to develop a strong ecosystem so that Hyderabad is recognised as a leading city in the world in the technology domain. The CM thanked Nadella for Microsoft's regular investments and growth in the city and state, an official release said. Reddy and IT Minister D Sridhar Babu discussed various technology imperatives that Telangana is focusing on, including AI, Gen AI, and cloud, and sought Microsoft's support, it said. The CM also explained his plans for infrastructure development in the state, including the Regional Ring Road, radial roads, Future City, the development of new manufacturing clusters, and how the government is proposing to create a vast pool of industry-ready talent through institutions like the Young India Skills University. The Microsoft CEO reiterated the tech giant's commitment to partnering with the state government on a
The firm's IoT-enabled machines are installed in offices and public places, including at Microsoft, Facebook, Rashtrapati Bhawan, and the iconic Deccan Queen train
The new file sharing option is available through the Phone Link app on Windows and the Link to Windows app on iOS
The conversation happened after the US Federal Trade Commission asked Google about Microsoft's business practices as part of a broader investigation
In a paper published in the journal Nature, Google said that it has found a way to string together the Willow chip's qubits so that error rates go down as the number of qubits goes up
The clause was included to protect the technology from being misused for commercial purposes, giving its ownership to OpenAI's non-profit board
Tata Electronics is expanding its client base beyond Apple, aiming to diversify by partnering with tech giants like Microsoft, Dell, and HP
Microsoft in 2020 introduced new licence fees for running its software on major cloud providers
After more than a year of conducting informal interviews with competitors and business partners, antitrust enforcers have crafted a detailed request to force Microsoft to turn over information
Connected Experiences feature, which analyses user content to provide suggestions and recommendations, has raised questions about whether Microsoft is using customer data to train its AI models