… Last year, it selected 12 startups — Avataar AI among them — to develop AI models and provided them with cost-efficient compute. Earlier this year, IT minister Ashwini Vaishnaw said India aims to attract $200 billion in AI investment by 2028 and more than double its GPU capacity within six months. …
… While progress has been made toward a roll-out of the service there, Bloomberg now reports that Indian officials have paused the effort after SpaceX allowed Starlink access inside Iran despite not having legal permission to operate there. “Starlink remains in active and productive discussions with … …
… It reopened questions about the country’s long-term AI strategy and whether India could afford to remain dependent on a small number of foreign frontier AI providers. “It completely changes things,” said Aakrit Vaish, founder of Indian AI venture platform Activate , referring to Anthropic’s decisio… …
… After all, as Anthropic and other big AI companies plan to go public, leading to awkward questions about profitability , we’re likely to see similar price increases for other AI products, and more usage restrictions as businesses try to keep costs under control . “Can these AI labs collapse that co… …
… The startup was founded by Vivek Raghavan and Pratyush Kumar, who previously worked at AI4Bharat, an Indian-language AI research initiative at the Indian Institute of Technology Madras backed by technology veteran Nandan Nilekani. “Our ambition is to diffuse this technology widely in India, creatin… …
… Cost Plus Drugs, Noble Mobile, dumb phone makers like Light Phone , and even online grocery store Misfits Markets are early examples of an emerging business category where the startup’s value proposition is the margin it gives back to the customer. “AI is going to suck up a lot of the value and the… …
… But WindBorne and other organizations are working to feed data directly into the models, and the company’s head of AI, Joan Creus-Costa, says the direct ingestion of data from their balloons and other sources is the key reason for improvement in the new version of WeatherMesh. …
… View Bio Most Popular Google Search as you know it is over Elon Musk has lost his lawsuit against Sam Altman and OpenAI Users turn to jailbreaking their older Kindles as Amazon ends support OpenAI launches ChatGPT for personal finance, will let you connect bank accounts US orders travelers on Air F…
… The networking equipment maker said it is reducing its headcount in order to change its “cost structure” and invest in AI and cybersecurity. Cisco’s decision follows a recent trend of tech companies increasingly citing a priority on AI spending as a reason to let employees go. …
… Hasbro said as of mid-May that the hackers are no longer in its systems and that its recovery was underway. But the financial costs of the breach and the knock-on effect to its business are likely to be realized in the coming months, and are expected to be substantial. …