Washington, Feb 26 (IANS) NVIDIA chief executive Jensen Huang said the global artificial intelligence boom has entered a decisive phase, declaring that computing power now directly drives revenue growth and national competitiveness. “In this new world of AI, compute equals revenues,” Huang said Wednesday (local time) during the company’s earnings call. “Without compute, there is no way to generate tokens. Without tokens, there is no way to grow revenues.”He said architecture decisions …
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New Delhi, Feb 22 (IANS) Global technology giants have pledged to invest hundreds of billions of dollars into artificial intelligence initiatives linked to India, as the country hosted a major AI summit that brought together world leaders and top industry executives.The surge in commitments comes at a time when governments and companies worldwide are racing to expand their AI capabilities.Global hyperscalers such as Amazon, Microsoft, Meta and Alphabet are expected to spend as much as $700 billi…
Amaravati, Feb 19 (IANS) The Andhra Pradesh government will sign agreements with various institutions and companies to strengthen Artificial Intelligence (AI) infrastructure and skill development in the state at the ongoing India AI Impact Summit 2026 in New Delhi. The government will enter into an MoU with IBM to provide skills training in AI, quantum technology, and cybersecurity to one million youth in the state.Another agreement will be signed with the United Nations International Computing …
New Delhi, Feb 19 (IANS) Demand for artificial intelligence (AI), for both consumers and enterprises, is inevitable at population scale, just as seen with mobile data and unified payments interface (UPI), according to Sunil Gupta, Co-founder, CEO and MD, Yotta Data Services.Yotta Data Services has announced to deploy 20,736 liquid-cooled NVIDIA Blackwell Ultra GPUs, forming one of Asia’s largest AI superclusters. This represents an investment exceeding $2 billion and is expected to go live by …
New Delhi, Feb 18 (IANS) Bengaluru-based AI startup Sarvam AI on Wednesday unveiled two new large language models as part of India’s push to build sovereign artificial intelligence capabilities. The announcement was made at the India AI Impact Summit here, where the company said both models have been trained from scratch using a mixture-of-experts (MoE) architecture to improve efficiency and performance.The first model, called Sarvam 30B, has 30 billion parameters. However, the company said th…
New Delhi, Feb 18 (IANS) The ‘India AI Impact Summit 2026’ in the national capital is being seen as refreshingly different from the discussions on AI in the US and Europe as it focuses on a more pragmatic, inclusive vision centred on human progress and equitable growth.“Hosted by the world’s largest democracy and the first major AI summit in the Global South, it challenges the prevailing narrative and positions India as a credible bridge-builder in a fractured technological landscape,” acc…
Washington, Jan 29 (IANS) US President Donald Trump on Wednesday unveiled a new federal initiative called “Trump Accounts,” saying the programme would provide every newborn American child with a government-funded investment account to give families a financial head start from birth.Speaking at the Treasury Department’s Trump Accounts Summit, Trump said the initiative would “give every newborn American child a financial stake in the future,” calling it a way to ensure that children begi…
Davos, Jan 24 (IANS) The 56th annual meeting of the World Economic Forum (WEF) here this week served as an essential and leading platform for convening decision-makers for consequential dialogue that enabled progress on the most challenging issues facing the world today.According to the WEF, close to 3,000 leaders from across regions, sectors and generations from 130 countries came together, including a record 400 top political leaders, nearly 65 heads of state and government, a majority of G7 l…
Davos, Jan 22 (IANS) Jensen Huang, President and CEO of Nvidia, has said that we need to think about jobs in terms of purpose versus tasks in the AI era as “the purpose is enhanced and made more productive because the task has been automated” with the help of AI.Discussing how AI infrastructure, compute power and GPU innovation are defining the next era of technological transformation and economic growth at the World Economic Forum meeting here, Huang enthused about the potential of AI and e…
New Delhi, Jan 20 (IANS) Some prominent Indian CEOs from India are likely to join a select group of 146 global corporate leaders for a meeting with US President Donald Trump at the World Economic Forum (WEF) meeting in Davos on Wednesday.India’s tech and industrial leaders, including Tata Sons Chairman N. Chandrasekaran, Wipro CEO Srini Pallia, Bharti Enterprises Founder Sunil Bharti Mittal and Infosys CEO Salil Parekh, are set to attend the high-level session during the WEF, according to a re…