Page 8 - Ashutosh Mishra

India's digital economy is growing 2.8x of GDP: Rajeev Chandrasekhar

'We are already the fastest-growing digital economy in the world, and for me, it is clear that we are aiming for a $1 trillion digital economy by 2027-28', he further added

Mega Networks to set up AI server facility in Mumbai by end of the year

Mega Networks is an advanced networking solutions provider known for producing indigenous AI servers in India, partnering with chip giants like NVIDIA, Intel, and AMD

Ready to fund up to 50% of AI compute infra: Meity secy S Krishnan

In order to speed up the entire process, the idea is to partner with a variety of private institutions so that we are able to work with the private sector in making this capacity available quickly

40 start-ups extend support to Digital Competition Bill in a letter to MCA

In the letter, the start-ups have also requested an upward revision of the thresholds for designating Systematically Significant Digital Enterprises (SSDEs)

Start-ups and GCCs lead in AI adoption in India, says EY report

Further, the analysis of India's top 50 most valued Indian unicorns in the study revealed that 66 per cent of them were already using AI or GenAI technology in their operations

Soket AI labs launch Pragna-1B AI model in collaboration with Google Cloud

The model will provide AI services in Indian vernacular languages including Hindi, English, Bengali, and Gujarati

Ola founder's latest bet on 'cloud' and free offer shakes tech industry

The cloud service is available to developers who are presently using Microsoft's Azure, with the condition that they won't return to Azure again

Digital services firm UST to train over 25,000 employees in GenAI skills

Programme will 'upskill' more than 80 per cent of company's employees, it says

AI spending in India to reach $5 billion by 2027: Intel-IDC study

According to the report, entities in India spent $1,703.8 million on AI in 2023, where BFSI, manufacturing, healthcare, telecom, and retail were the highest spending sectors during the year

French BPM major Teleperformance to hire 15,000 people by end of 2025

The company plans to add 60,000 employees over the next three years in India

GPUaaS makes expensive piece of computing tech available to the wider world

GPUaaS lets businesses use the expensive chips as needed, paying only for what they use

Play Store billing case: NCLAT seeks response from Google and CCI

The NCLAT has told both the parties to submit their replies before the next hearing on May 24

Indian GenAI platform Hanooman goes live in 98 global languages

The platform is presently accessible for free, and the premium subscription plan will be launched later this year, said the company

Alcatel-Lucent Enterprise eyes €100 million revenue from India in 3-5 years

Headquartered in Paris, France, ALE has a presence in more than 50 countries globally. In India, the company has around 250 employees

Google launches wallet app in India to help users store digital documents

The wallet app, which has gone live in the country, will cater to non-payment use cases and complement Google Pay - the payment app of the tech giant, said company

Surrogate advertising sees rapid growth across social media this election

The ruling BJP was the top spender on Meta platforms last month, which expended Rs 9.42 crore in online advertising to run 29,291 ads across the country

Top 3 Indian IT companies train over 775,000 in generative AI skills

This figure is substantially higher than what the IT industry body Nasscom had predicted in its Strategic Review of 2023

WhatsApp banned record 22 million accounts in first quarter of 2024

The messaging app has the highest user base in India with more than 500 million active users

Cigniti Technologies acquisition will be game changer: Coforge CEO

The company has set a target of training 40 per cent of its workforce in GenAI skills in FY25

Coforge Q4 results: Profit rises 94.8%, acquires Cigniti Technologies

The dollar revenue for the fourth quarter grew 1.9 per cent sequentially in constant currency to $286.8 million, led by deal wins worth $400 million