New Delhi, April 17 (IANS) Equity net fund flows improved from Rs 41,934 crore in February to Rs 46,501 crore in March, marking an increase of about 11 per cent, a new report said on Friday.The report from Vallum Capital said total net asset flows swung sharply in March as investors rotated into equities but retreating to quality and simplicity, while leaving money‑market and fixed‑income funds.The report noted a sharp rebound in Indian equities that attracted Rs 59,629 crore of inflows. Sma…
Latest AI Infrastructure News & Updates
New Delhi, April 14 (IANS) India’s build‑out of artificial intelligence infrastructure will bolster regional AI capacity rather than siphon investment from established Southeast Asian hubs such as Singapore and Malaysia, as per industry leaders, according to a new report.The report from ComputerWeekly cited tech executives at the Gitex AI Asia 2026 conference in Singapore, forecasting India’s massive scale to act as a testing ground for the broader Asian market and help other markets build “…
New Delhi, March 13 (IANS) India’s large digital user base and low user acquisition costs provide foundation for scalable artificial intelligence products, and the first consumer AI app to reach 200 million users in India will likely be voice‑led rather than English‑prompted, a report said on Friday.The report from venture capital firm Arkam Ventures said the country’s data depth could enable three or more AI‑native services companies built in India to scale to over $1 billion revenue …
Washington, March 5 (IANS) President Donald Trump has unveiled a new initiative aimed at powering the rapid expansion of artificial intelligence in the United States while preventing electricity costs from rising for households, bringing together some of the world’s largest technology companies in what the White House called a “Ratepayer Protection Pledge.”Speaking at a White House roundtable with executives from major tech firms on Wednesday (local time), Trump said the agreement would al…
New Delhi, March 3 (IANS) Mega projects such as the Adani Group’s $100 billion plan to build renewable-powered, AI-ready hyperscale data centres by 2035 have the potential to reshape India’s role in the global AI economy, according to an article published in the Carbon Credits.com news portal.“First and foremost, the scale of investment stands out. Adani’s direct $100 billion commitment is expected to catalyse another $150 billion across server manufacturing, advanced electrical systems,…
New Delhi, Feb 24 (IANS) US chipmaker AMD and social media giant Meta on Tuesday announced a major multi-year partnership to build the next generation of artificial intelligence (AI) infrastructure. Under the agreement, AMD will deploy up to 6 gigawatts of its AMD Instinct GPUs to support Meta’s expanding AI operations.The companies said the deal strengthens their existing strategic partnership and aligns their roadmaps across silicon, systems and software.The aim is to deliver AI platforms sp…
New Delhi, Feb 23 (IANS) The only way for Sri Lanka to get into the AI race is to jump onto the bandwagon of a fast mover. Since it is unlikely that Sri Lanka can do so with the two leaders in the AI race — the US and China — the choice available is its neighbour to the north, India, the rising star. India has a high strategic edge with AI on many counts, according to an article in the Colombo Telegraph.“India is moving fast in AI development and, most likely, will become part of a three-mem…
New Delhi, Feb 17 (IANS) India’s large market, indigenous models such as BharatGen, Sarvam‑1, strong digital public infrastructure, deep talent pool and IndiaAI Mission makes the country the true epicentre of AI’s next chapter, a report said on Tuesday.The report from India Narrative said India’s remarkable strides in the AI domain makes it a powerhouse of innovation and a voice for equitable global AI governance.It highlighted that the country’s AI market is projected to grow at a 25–…
Mumbai, Feb 14 (IANS) The tax holiday for foreign cloud service providers aims to “provide investment certainty, anchor high-value digital infrastructure within the country, and strengthen India’s role in global digital value chains,” the government said on Saturday.The Government has announced a tax holiday till 2047 in Budget 2026-27 for eligible foreign cloud service providers operating through India-based data centre infrastructure. Such companies’ income will be exempt from Indian t…
Washington, Feb 14 (IANS) Calling the upcoming India AI Impact Summit a “pretty key, an important event,” Dell Technologies senior executive Vivek Mohindra said the gathering marks a pivotal moment for India and the broader Global South as artificial intelligence reshapes economies and governance.“This is the first global AI summit to be held in the global south,” Mohindra told IAND in an exclusive interview.He added that India, with its “huge aspirations,” is convening global leader…