Australia's AirTrunk to invest $30 billion in India
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According to her, India's advantage may not necessarily lie in creating foundational AI models from scratch, but in developing innovative applications that leverage the capabilities of models already built by major technology firms.
India’s IT sector fueled consumption growth, but AI is reducing mass hiring now, revealing a shortage of quality jobs, risking future economic momentum.
Shares of Super Micro Computer (NASDAQ:SMCI | SMCI Price Prediction) and Gorilla Technology Group (NASDAQ:GRRR) are both selling off hard in midday trading on Wednesday, June 3. SMCI stock is down 9% to $45.
India’s data centre sector enters a new phase as AI, cloud demand and hyperscaler investments fuel a $100 billion boom.
India’s largest streaming platform, JioHotstar, is recruiting for more than 75 AI roles as the platform moves to build out a dedicated artificial intelligence division, the company revealed Wednesday.
While Intel and AMD have added AI capabilities to chips, NVIDIA has designed its chip from the ground up with AI at the core
AI Data Cloud firm says India is one of its fastest-growing markets globally as enterprises accelerate AI adoption, migrate legacy data systems and experiment with agentic AI at scale.
India hopes to build an AI model for the Global South, but a late start and dependence on foreign AI infrastructure are testing that vision.
Indian industrial companies are experiencing significant growth by supplying components for data centers. These firms are crucial for building and powering the infrastructure needed for artificial intelligence.
The Indian equity market is losing favour with global investors, as its domestic consumption story weakens and the country lags in AI.