In a strategic response to the ongoing global technology war and fierce competition over securing raw material crucial for the sector, the Union Cabinet on Wednesday approved the launch of the National Critical Mineral Mission (NCMM) with an expenditure of Rs 16,300 crore and expected investment of Rs 18,000 crore by public sector undertaking (PSUs)…
Billionaires whose fortunes are linked to artificial intelligence were the biggest losers: Huang saw his fortune fall $20.1 billion. The world’s 500 richest people, led by Nvidia Corp. co-founder Jensen Huang, lost a combined $108 billion on Monday as a tech-led selloff tied to Chinese AI developer DeepSeek sent major indices plunging.Billionaires whose fortunes are…
MUMBAI: India has the opportunity to “reinvent” itself from a back office IT cost reduction industry to a front office AI-driven innovation ecosystem as the country has access to all the key resources needed to fuel AI capabilities, Nvidia CEO Jensen Huang said while advocating the need to regulate AI in context of its use….
MUMBAI: Comparisons with the sold-out Coldplay concert here, a slew of collaborations with Indian businesses, and fulsome praises of India’s capabilities in tech marked the first day of Nvidia‘s AI summit in Mumbai on Thursday. The long queues to enter the venue delayed the event by nearly an hour. But that did nothing to dim…
Microsoft CEO Satya Nadella has adopted an unconventional daily habit. The CEO of the $3 trillion tech giant carves out time each day to personally connect with two different executives, ranging from AI innovators to sports coaches, according to a recent report by The Information. This practice, deeply woven into Nadella’s routine, serves as his…
While artificial intelligence as a technology may have picked up steam after the launch of ChatGPT two years ago, the concept is far from new. Apple founder Steve Jobs, a visionary in the tech world, predicted the potential of AI as far back as 40 years ago, envisioning machines that may answer questions and think…
LTIMindtree, India’s sixth-largest technology services company, is reportedly focusing on larger clients and leveraging artificial intelligence (AI) to secure significant market share. A company executive told Economic Times that LTIMindtree recently won its largest deal ever, a result of its AI-centric approach. The strategic shift in approach Nachiket Deshpande, the company’s chief operating officer, stated…
Tesla CEO Elon Musk unveiled the latest version of its humanoid robot – Optimus at the “We, Robot” event in California last week. At the event, the robots showcased their ability to serve drinks, dance, sing birthday song and even play rock paper scissors with the attendees. But what many viewers assumed to be cutting-edge…
NEW DELHI: Air India Express Tiruchirapalli-Sharjah flight that left Kerala 5.43 pm Friday with about 150 people on board is returning to the origin following suspected snag in the Boeing 737. The pilots suspected a hydraulic snag. Sources say the landing gear could not be retracted after take off, perhaps due to a hydraulic failure.“Since…
NEW DELHI: Air India Express Tiruchirapalli-Sharjah flight returned to land safely at the origin on Friday night. The Boeing 737 (VT-AYB) had left Trichy at 5.43 pm with about 150 people on board. Soon after take off, it suffered a hydraulic failure due to which the landing gear could not be retracted.“Since the aircraft was…
