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Wary Paytm to avoid regulated biz; Foxconn to make AI servers in India Happy Friday! Paytm is steering clear of regulated businesses and will instead focus on building a strong distribution network. This and more in today's ETtech Morning Dispatch.
28 Jun, 2024, 07.27 AM ISTUS probing China Telecom, China Mobile over internet, cloud risks The Biden administration is investigating China Mobile, China Telecom, and China Unicom over concerns they could misuse access to American data through their U.S. cloud and internet services by sharing it with Beijing. The Commerce Department is lea...
25 Jun, 2024, 07.22 AM ISTWhat the arrival of AI phones and computers means for our data Apple, Microsoft, and Google are leading the way in the development of artificially intelligent smartphones and computers, requiring more user data for tasks like photo editing and call monitoring. This raises privacy concerns as AI needs access to ...
24 Jun, 2024, 10.20 AM IST- ADVERTISEMENT
Amazon pledges $230 million to boost generative AI startups The initiative will offer early stage companies AWS cloud computing credits, mentorship, and education to enhance their use of AI and machine learning technologies, according to the company. Participating startups will gain access to AWS computing, ...
16 Jun, 2024, 06.00 AM ISTNvidia profits soar on demand for AI power Nvidia said Wednesday its quarterly net profit rocketed by seven times year-on-year on demand for its chips to power artificial intelligence in data centers. The California-based company reported a net profit of $14.9 billion, while its revenue of $...
23 May, 2024, 06.00 PM ISTAmazon to invest 15.7 billion euros in Spain Amazon's cloud computing division AWS will invest 15.7 billion euros ($17 billion) to expand its data centres in Spain's Aragon region through to 2033, the US tech giant said Wednesday. Amazon in 2021 had planned to invest 2.5 billion euros in Arago...
22 May, 2024, 10.53 PM ISTMicrosoft offers cloud customers AMD alternative to Nvidia AI processors Microsoft's clusters of Advanced Micro Devices' flagship MI300X AI chips will be sold through its Azure cloud computing service. They will give its customers an alternative to Nvidia's H100 family of powerful graphics processing units (GPUs) which d...
19 May, 2024, 04.02 PM ISTEmbracing Industry 4.0: Navigating business transformation trends in the digital age Post-pandemic, the focus on Industry 4.0, Circular Value Chains, Autonomy via Edge Computing, and Demand-Driven Digital Supply Chains reshaped global business dynamics. India's leadership in AI, cybersecurity, and sustainable manufacturing practices...
17 May, 2024, 12.03 PM ISTIndia to become AI use case capital of the world: Nandan Nilekani Nandan Nilekani's People+ai introduces 'Adbhut India' and OCC project, emphasizing frugal AI innovation in India. The initiatives aim to leverage the country's population and digital infrastructure for impactful AI solutions, fostering healthy compe...
13 May, 2024, 09.59 AM ISTIndia Inc hunts for new cyber warriors Corporate India is actively seeking cybersecurity professionals amidst rising concerns over data breaches, evolving regulatory requirements, and the emergence of advanced artificial intelligence platforms. To address vulnerabilities in security cont...
12 May, 2024, 08.06 AM ISTPeople+ai partners with 24 tech organisations to enable open cloud compute infra AMD, Oracle, and various technology providers collaborate to address the increasing compute requirements. The partnership aims to enhance the compute ecosystem in India through the creation of a network of providers for accessible and tailored compu...
07 May, 2024, 08.42 PM ISTAkamai eyes edge computing units in three Indian cities In a move to expand its global compute business, cloud computing giant Akamai Technologies is eyeing Indian cities like Delhi, Bengaluru, and Hyderabad for potential edge computing facilities by the end of the year, according to their CEO Tom Leight...
07 May, 2024, 06.00 AM ISTAI SaaS cloud startup Neysa bags $20 million from Matrix, Nexus, others Neysa, a Mumbai-based artificial intelligence (AI) cloud and platform-as-a-service startup, will utilise the fresh capital for expanding infrastructure required for strengthening its research and development team, and for sales and marketing.
10 Apr, 2024, 12.09 PM ISTVi to renew tech outsourcing deal with IBM for about $1 billion Renewal of the tech outsourcing deal comes even as Vi's board meets Saturday to consider raising Rs 20,000 crore via a preferential share issue. Earlier this week, Vi's shareholders approved a proposal to raise this capital through equity and equity...
06 Apr, 2024, 06.30 AM ISTTop companies back move to set up open cloud compute network People+ai, an initiative by EkStep Foundation co-founded by Nandan Nilekani, set out last year to address increasing compute demand in the country, which is increasing with AI.
26 Mar, 2024, 06.01 AM ISTNvidia backs little-known upstart in India’s biggest AI bet yet While companies like OpenAI and Google have poured billions of dollars into such chips in the US, Yotta is making India’s largest bet yet on the promise of AI.
18 Mar, 2024, 05.15 PM ISTInternational Women's Day: the intersection of technology, law, and gender The intersection of technology, law, and gender presents opportunities for women in the legal realm to contribute to the digital transformation of the sector.
08 Mar, 2024, 12.11 PM ISTTelcos made Rs 10,000 cr extra capex in 2022-23 to support large apps: COAI Telecom operators spent Rs 10,000 crore in 2022-23 to support traffic from large apps. COAI estimates the government lost Rs 800 crore in revenue. Operators demand contributions from Netflix, WhatsApp, Instagram, X for network infrastructure costs. ...
28 Feb, 2024, 08.08 PM ISTNvidia chases $30 billion custom chip market with new unit The dominant global designer and supplier of AI chips aims to capture a portion of an exploding market for custom AI chips and to protect itself from the growing number of companies interested in finding alternatives to its products.
09 Feb, 2024, 10.38 PM ISTHPE CEO expects no China challenge on $14-billion Juniper deal HPE on Tuesday offered to buy the networking firm, which makes custom networking chips and gear that can be used inside data centers to power artificial intelligence.
11 Jan, 2024, 12.05 PM IST