COMPUTE RESOURCES
How Indian data centre operators are mitigating AI power consumption woes
Indian data centre operators are racing to reduce the massive power consumption of AI infrastructure. As the country prepares to acquire 100,000 GPUs by 2024, concerns over sustainability and environmental impact are mounting.
Soon, AI computing assessment units to determine GPU needs
India's Rs 10,372 crore AI mission involves setting up AI units in ministries with 10,000 Nvidia GPUs. MeitY oversees GPU allocation, utilizing viability gap funding for startups and national security. This Rs 5,000 crore plan includes H100 chip distribution via Yotta Infrastructure, Reliance Group, and others focusing on domestic data centers and global AI collaboration.
Amazon counts on 'grit and innovation' to meet AI surge
The AI revolution is upon us with companies around the world looking to jump headfirst into the technology made famous by ChatGPT. To satisfy their generative AI urge, firms need to secure state-of-the-art software and ramp up computing power, which quickly brings them knocking on the doors of the globe's cloud computing giants, of which Amazon's AWS is the biggest.
India must build human resources in quantum technology: Principal scientific advisor
India's National Quantum Mission sets ambitious goals to develop intermediate-scale quantum computers and secure quantum communications, showcasing the country's dedication to advancing quantum technology. By 2030-31, the mission aims to achieve significant milestones in quantum technology, highlighting India's emergence as a key player in the global quantum research landscape.
India has the second-highest open access quantum computing users after US, says IBM executive
In an interview to ET, Jay Gambetta, vice president of IBM Quantum, said he saw big opportunities for India to become a pioneer in quantum computing in use cases as varied as sustainability and green hydrogen, efficiency of CO2 recapture process or nitrogen in agricultural yield and logistics.
Oracle gains as cloud infrastructure business gets AI boost
Oracle shares surged 9% on Wednesday due to high demand for its cost-effective cloud services for AI applications, potentially adding $28 billion to its $340 billion market value. The company's cloud unit aims to grow by offering affordable cloud computing and storage, competing with Google and Microsoft.
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India has abundance of talent, a great resource for Dell: Michael Dell
India is a top resource for tech giant Dell Technologies, according to founder Michael Dell. He praised India's talent pool and desire for a sovereign AI reflecting its culture. Dell announced advancements in AI at the Dell Technologies World event, emphasizing responsible use and the transformative potential of AI on a global scale.
Embracing 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 highlights its commitment to digital transformation.
India-Russia: Lack of knowledge about respective IT industries is a challenge
Russian and Indian software development companies, with Denis Ageev from DACOM M, possess resources for software buildout, including virtualization of computers, data storage, networks, and servers.
AWS makes Amazon Bedrock available for developers in India
Making the announcement at the AWS Summit Bengaluru, the global technology giant has piloted the service with Indian organisations such as Healthify, L&T Technology Services (LTTS), Max Life Insurance, GupShup, Fibe, Happy Fox, ShellKode and Yellow.ai.
Vedanta: How an old-age biz is trying to deliver a new-age baby
The complete acquisition of AvanStrate positions Vedanta in the display panel market, with plans to build its own display glass plant in Gujarat. The company is also eyeing partnerships for a potential chip plant. Vedanta's foray into electronics manufacturing, spearheaded by Agarwal's son-in-law Akarsh K. Hebbar, aligns with its core business of metals and mining.
India 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 competition.
People+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 compute resources.
Drone-based agritech startup BharatRohan raises $2 million
BharatRohan, a startup, raised $2.3 million pre-IPO for developing advanced drones for crop monitoring. The fund will expand services nationwide, supporting 50,000 farmers across five states with hyperspectral sensors for precise agricultural insights.
Stanford AI leader Fei-Fei Li building 'spatial intelligence' startup
Li, considered a pioneer in the AI field, raised money for the company in a recent seed funding round. Investors included Silicon Valley venture firm Andreessen Horowitz, three of the sources said, and Radical Ventures, a Canadian firm she joined as a scientific partner last year, according to two others.
AI compute mission best served by marketplace model, say experts
This comes just weeks after the union cabinet approved a Rs 10,371.92-crore India AI Mission. This mission looks to build and strengthen AI computing infrastructure in India of at least 10,000 graphics processing unit (GPUs) through public-private partnerships in five years.
Vi 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-linked instruments.
Top 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.
UN warns against thirsty tech to solve water crisis
The world needs to better manage its freshwater resources but thirsty new technologies touted as solutions could lead to "serious problems" if left unchecked, a UN report warned Friday. But "several rapidly emerging technologies are highly water-intensive and, if left unchecked, could lead to serious problems in the near future."
Yotta Data Services to offer cheapest AI compute rates globally, says CEO
Yotta Data Services, partnering with NVIDIA, aims to provide competitive AI compute capacity. Leveraging unique market position, it plans to reach breakeven in 2-3 years on a $1B investment. The company also participates in the AI Mission initiative.
European shares edge up as basic resources rally offsets investor caution
European shares opened marginally higher on Monday, led by gains in basic resources, although investor caution ahead of euro zone inflation data limited the rise.
Chinese hackers target critical security infra of resource rich Kazakhstan
Kazakhstan’s National Computer Emergency Response Team (Cert.kz), has recently alleged that a group of Chinese hackers had access to the infrastructure of Kazakhstani telecommunication operators for two years, according to persons familiar with the development. Kazakhstan’s Ministry of Defence and the country’s national airline may have been one of the targets.
International 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.
IBM, C-DAC ink pact for high-performance computing in India
IBM and Centre for Development of Advanced Computing plan to address areas like skilling, competency, and ecosystem building in HPC design research across the full technology stack for processor development.
China to step up quantum computing, AI in tech self-sufficiency drive
It will also step up efforts in big data and artificial intelligence (AI) and intends to launch a number of major science and technology programmes to meet major strategic and industrial development goals, the report shows.
World resource extraction could surge 60% by 2060, UN warns
The UN warns that the extraction of Earth's natural resources could surge 60% by 2060, imperiling climate goals and economic prosperity. Wealthier countries have driven a tripling of global material use and have a higher demand for resources, contributing to climate impacts. The report calls for dramatic changes in energy, food, transport, and housing.
Security and risk management spending in India to increase 12.4% in 2024, says Gartner report
The expected increase comes at a time when organisations are ramping up security spending due to legacy IT modernisation using cloud technology, demand for digital platforms, updated regulatory environment and continuing remote/hybrid work.
Demand for cloud skills on the rise as leaders look to fight off rising competition
Cloud computing is driving demand for cloud skills in senior roles. Bengaluru, Hyderabad, and Delhi/NCR have the highest demand. Companies need to focus on the synergy between technology and human capital development. CEOs recognize the importance of upskilling employees and hiring senior-level talent in cloud platforms.
DoT to establish quantum certification lab; set standards for quantum computing: Secy
While speaking at the Second International Quantum Communication Conclave, Telecom Secretary Neeraj Mittal said that a lot of work is happening in C-DoT on quantum communications, and India has to be cautious in developing the technology with like-minded parties.
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