Is India ready for the AI revolution? The rapid advancements in artificial intelligence, from generative AI tools to sophisticated machine learning algorithms, are transforming industries across the nation. From fintech's burgeoning use of AI-powered fraud detection to the agricultural sector's embrace of precision farming technologies, the impact is undeniable. This week saw a major breakthrough in indigenous 5G technology development, signaling India's growing prowess in the global tech landscape. But alongside this progress comes the crucial discussion surrounding data privacy, cybersecurity, and the ethical implications of AI deployment. How will India navigate these challenges and harness the transformative power of technology for inclusive growth? Explore the latest developments in Indian tech, from the rise of digital payments to the burgeoning startup ecosystem, and discover how innovation is shaping the nation's future. Stay informed with Abtak.com – your gateway to understanding the tech revolution reshaping India.
New Delhi: Microsoft co-founder Bill Gates held the title of the world's richest man for five consecutive years, from 2013 to 2017. He remained among the world's top 10 wealthiest individuals afterwards. However, this year his net worth and ranking have seen a significant decline. According to the Bloomberg Billionaires Index, Gates' net worth has fallen by $41.3 billion this year, and he is now ranked 16th on the list of the world's richest people with a net worth of $117 billion. Gates is the only billionaire in the top 30 to have lost net worth this year. Before Gates, Mexico's Carlos Slim was the world's richest man from 2009 to 2012, while in 2008, it was Warren Buffett. After Gates, the title of the world's richest man was held by Amazon founder Jeff Bezos for four years. In 2022, Elon Musk claimed the title, but the following year, 2023, it went to Bernard Arnault of France. However, in 2024, Musk made a comeback and reclaimed his position, and he has held the title ever since. According to the Bloomberg Billionaires Index, Musk is the world's richest man with a net worth of $638 billion. He is the first person in the world to reach the $600 billion mark, and it is believed that he could become the world's first trillionaire next year. This is because his company, SpaceX, is preparing to launch the world's largest IPO next year. The company's valuation is expected to reach $1.5 trillion. Besides SpaceX, Musk runs several other companies, including Tesla and X (formerly Twitter). Bezos is fourth on the list of the world's richest people with a net worth of $246 billion. Buffett is tenth with $152 billion, Slim is 17th with $112 billion, and Arnault is seventh with $202 billion. Larry Page, co-founder of Google's holding company Alphabet, is second with $265 billion, and his partner Sergey Brin is third with $246 billion.
In a historic move, U.S. Justice Department antitrust regulators are pushing for a court order that would force Google to sell its Chrome browser. This request follows a ruling in August, which determined that Google had unlawfully monopolized the search market. Additionally, the department aims to impose restrictions on Google's artificial intelligence practices and its Android operating system. This unprecedented legal action targets one of the world’s largest tech companies, marking a significant escalation in the U.S. government's efforts to curb monopolistic practices in the digital indus ...Read More >
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New Delhi: The ongoing clash between Elon Musk and Donald Trump has taken a dark and explosive turn. On June 6, the Tesla CEO sent shockwaves across social media by accusing the US president of hiding crucial Jeffrey Epstein files because Trump's name allegedly appears in them. In a post on X (formerly Twitter) that is already stirring up huge debate, Musk wrote, "Time to drop the really big bomb: @realDonaldTrump is in the Epstein files. That is the real reason they have not been made public. Have a nice day, DJT!" He further added, "Mark this post for the future. The truth will come out." ...Read More >
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
Strikes gain global traction as unions push for fair treatment, sustainable practices, and tax accountability Amazon workers in India and around the world have launched strikes and protests during the busiest shopping weekend of the year -- Black Friday to Cyber Monday. The movement, called "Make Amazon Pay," is backed by UNI Global Union and Progressive International, with the goal of holding Amazon accountable for alleged labor abuses, environmental harm, and disregard for democratic principles. From November 29 to December 2, workers across six continents and in more than 20 countries are ...Read More >
Meet Venkata Datta, Hyderabad techie, who is set to marry badminton star PV Sindhu The KYC Bubble: How digital ID's could trigger a global collapse 5 reasons why Allu Arjun will become biggest pan-India star with Pushpa 2: The Rule This is world's weirdest hotel where guests stay to get insulted, pay Rs 20000 room rent, it is located in... Vikrant Massey breaks silence on his 'retirement' announcement, says his post was misread: 'I'm not...' After breakup with Arjun Kapoor, Malaika Arora does 'Nain Matakka' with another actor, netizens react Naga Chaitanya-Sobhita Dhulipala wedding: Allu ...Read More >
New Delhi: Ahead of the wedding of Jeet Adani, the younger son of billionaire industrialist Gautam Adani, the Adani family has announced 'Mangal Seva', a program to support newly married women with disabilities. To begin with, every year, 500 such women will be provided financial assistance of Rs 10 lakh each. At his home, just two days before his own wedding, Jeet Adani met 21 newly married divyang women and their husbands to launch this initiative. Jeet is set to tie the knot with Diva Shah on 7 February 2025 in Ahmedabad, Gujarat. In line with his social philosophy सेवा साधना है, सेवा प्र ...Read More >
IPO News Today Live Updates: Navigate the dynamic world of initial public offerings with our dedicated IPO News section. Here, we bring you the latest updates on companies stepping into the public market, offering insights into their financial strategies, valuation, and market reception. Whether you're an investor looking for new opportunities or simply curious about the financial markets, our coverage provides essential information on IPO timelines, pricing, and performance post-listing. Stay informed about which companies are making their debut on the stock exchange and understand the trends ...Read More >
Mumbai, June 27 (SocialNews.XYZ) Bollywood actor Ayushmann Khurrana joins names such as Kamal Haasan, Ariana Grande, and Jeremy Strong at the Academy of Motion Picture Arts and Sciences this year. Ayushmann along with names such as Kamal Haasan Naomi Ackie, Gillian Anderson, Branford Marsalis, Conan O'Brien, Jimmy Kimmel, Stephen Graham, Jodie Comer and Jason Momoa are among 534 individuals who were invited to join the Academy of Motion Picture Arts & Sciences on June 26. "We are thrilled to invite this esteemed class of artists, technologists, and professionals to join the Academy," said Ac ...Read More >
New Delhi, June 27 (SocialNews.XYZ) The world's third-richest man, tech billionaire and Amazon founder Jeff Bezos is all set to marry former journalist Lauren Sanchez on Friday in what is being described as a star-studded wedding. The extravagant celebration, hosted in Venice, Italy, is expected to cost approximately Rs 430 crore, according to Luca Zaia, President of the Veneto region, which includes the iconic city of canals. The three-day affair, which began on June 26 and will end on June 28 with a celebrity-studded reception after the wedding on Friday, has turned Venice into a temporary ...Read More >
Sundar Pichai, CEO of Google, is facing legal trouble after a Mumbai court issued a notice due to YouTube's failure to comply with a previous order. The issue revolves around an offensive video about Dhyan Foundation’s founder, Yogi Ashwini, which was supposed to be removed globally but remains accessible outside India. The court is questioning Pichai on why he shouldn't face consequences for not following the order. Meanwhile, satellite internet services are set to launch in India, with Jio, Airtel, Starlink, and Amazon Kuiper competing for market dominance. The government is preparing to all ...Read More >
New Delhi [India], December 4 (ANI): The GSEC in Hyderabad will be the first of its kind in the APAC region after Tokyo and only the fifth globally, with similar facilities in Dublin, Munich, and Malaga, according to a statement. This GSEC is a specialised international cybersecurity hub designed to play a crucial role in developing advanced security and online safety products tailored for the Indian context. The centre will focus on cutting-edge research, AI-driven security solutions, and creating a collaborative platform for leading experts and researchers in cybersecurity. It also aims to ...Read More >
The books for class 9-12 will be available from 2026-27. New Delhi: The National Council of Educational Research and Training (NCERT) has reduced the prices of books for classes 9 to 12 by 20 per cent. The decision was announced by NCERT Director Dinesh Prasad Saklani during an event held in the national capital on Monday. The reduction in the prices of books will be effective from the upcoming academic year. News agency PTI quoted the minister as saying that while the textbooks for classes 9- ...Read More >
Bhubaneswar: Revenue minister Suresh Pujari on Saturday said Odisha would not be allowed to follow the lawless path in sand operations like it is in Bihar and West Bengal, while responding to the recent assault of an additional tehsildar in Kaptipada block, Mayurbhanj district, by the sand mafia. He promised stringent action against the sand mafia regardless of their connections, while speaking to mediapersons here on Saturday."The Kaptipada incident represents a serious escalation in conflict between law enforcement and the sand mafia. The attack on officers performing their enforcement dutie ...Read More >
New Delhi: Is the world-famous IT cell of India's ruling party slipping up? Over 70 per cent respondents to an online poll run by the BJP on its official X (Twitter before Elon Musk took over) handle feel the Congress, if it returns to power, will not reimpose Emergency. The BJP's X handle, @BJP4India, started the poll at 6.53pm on Wednesday, June 25, which marked the anniversary of the Emergency imposed by then prime minister Indira Gandhi on the midnight of June 25, half a century ago. Till 12.30pm on Thursday, the poll had received 23,756 votes. An overwhelming majority - 70.9 per cent - d ...Read More >
Amazon Web Services (AWS) has launched the Quantum Embark advisory program to help businesses prepare for the emerging quantum computing era. The program comes as quantum stocks, like IonQ, see significant growth, driven by innovations in drug discovery, cryptography, and materials science. Companies like D-Wave and Rigetti are advancing quantum technologies, with D-Wave focusing on optimization problems and Rigetti on scalable quantum systems. Despite early financial losses, these companies are gaining traction with government contracts and commercial clients. As quantum computing evolves, in ...Read More >
Uber has launched India's first Shikara ride on Srinagar's Dal Lake, offering a unique and scenic experience. This new service allows passengers to enjoy the tranquil beauty of the lake while riding in a traditional Shikara boat. Booking is easy through the Uber app, with rides available daily from 10 AM to 6 PM. This initiative aims to boost tourism in the region while providing locals with a new way to experience the lake. With Uber's entry into the Shikara market, visitors can now enjoy a blend of modern convenience and traditional charm on Dal Lake. ...Read More >
The Chinese yuan was also facing its own challenges from the growing threat of more U.S. tariffs on China, pushing it down to a 13-month trough. Japan's tech-heavy Nikkei jumped 1.6% as of 0200 GMT, and South Korea's KOSPI advanced 1.7%. Taiwanese shares gained 1.1%. Australia's stocks benchmark rose 0.7% and reached a fresh all-time high. However, Chinese stocks were under pressure, with Hong Kong's Hang Seng edging slightly lower and mainland blue chips falling 0.3%. MSCI's broadest index of Asia-Pacific shares added 0.7%. Both S&P 500 and Nasdaq futures were flat after the cash indexes ...Read More >
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New Delhi: In his latest rant against the administration and the 'Big Beautiful Bill', Tesla CEO Elon Musk on June 5 claimed that US President Donald Trump would have lost the 2024 election without his support. The billionaire further accused Trump of "ingratitude". "Without me, Trump would have lost the election, the Democrats would control the House, and the Republicans would be 51-49 in the Senate," he posted on X. This comes after President Trump said that he is disappointed with the former DOGE chief, who recently stepped down as his senior adviser. Now, Musk is going after the administ ...Read More >
New Delhi, June 26: The IPO of HDB Financial Services saw robust interest on Day 2 of public subscription, closing the day with 1.16x overall subscription. Backed by HDFC Bank, the offering attracted healthy demand across investor categories, despite volatility in the broader market. Analysts noted that the IPO benefitted from the company's strong brand lineage, extensive rural lending network, and a consistent track record of profitability. According to Gaurav Garg from Lemonn Markets, "HDB Financial Services gives investors exposure to India's expanding rural and underbanked credit markets ...Read More >
Bhopal - In a transformative move set to redefine the future of education in India, Scope Global Skills University (SGSU), Bhopal, has announced the launch of its "AI First Campus" and a comprehensive "AI Action Plan." As Central India's first NEP and NSQF-aligned skills university, SGSU is committed to embedding artificial intelligence (AI) deeply into every aspect of higher education, from academic programs and faculty development to student engagement and industry collaboration. These new initiatives are part of the university's mission to lead the charge in AI-powered learning and to esta ...Read More >
'As humans, we haven't changed much' IMAGE: India's first man in space, Rakesh Sharma, reflects on his journey and India's future in space travel. Photograph: Courtesy Ministry of Defence Astronaut Rakesh Sharma, the first Indian to journey into space in 1984, says space travel alters the mindset of humans and makes them see the world from a perspective that "this planet belongs to everyone" and not a sole preserve of anyone. He shared his thoughts in a recorded podcast shared by the Ministry ...Read More >
Bill Gates' comments on India's potential as a 'laboratory to try things' during a podcast have sparked backlash among Indian social media users, who felt the remark was disrespectful. While some saw it as reducing India to a testing ground, others defended Gates, claiming his statement was misinterpreted. Bill Gates' latest comments on a podcast with Reid Hoffman have set off a firestorm of controversy among Indian commentators. In a discussion, he referred to India as a "kind of laboratory to try things," which has caused great outrage and accusations of disrespect. The tech mogul has faced ...Read More >
Manipur Starlink: The forensic reports are being tallied by the state and the Centre A Starlink dish and router recovered by the security forces from insurgents in Manipur are non-functional and incompatible in the state bordering Myanmar, sources in the central intelligence agencies have said based on their investigation. "The devices had definitive markings of Starlink, but when we got it examined, we came to know that it is not compatible in this region," a senior officer told NDTV, requesting anonymity. The army handed over the device to the Department of Telecommunications and the Mini ...Read More >
New Delhi, Jun 29 (PTI) Indian IT majors are aggressively repositioning themselves as AI-native firms, focusing on high-margin applications and integration over high-risk, capital-intensive foundational research. A deep dive into the FY25 annual reports from the industry behemoths --- TCS, Infosys, Wipro, and Tech Mahindra -- indicates that in the global AI race, India's tech titans are not competing to invent foundational AI, they are positioning themselves to become premier integrators of it. The shift from general digital transformation to a specific AI focus is captured in the very title ...Read More >
NEW DELHI: Starlink, led by Elon Musk, has received a Global Mobile Personal Communication by Satellite (GMPCS) license in India, allowing the company to begin offering broadband services in the country. It is the third company to receive such a license from India's Department of Telecommunications, following approvals granted to Eutelsat's OneWeb and Reliance Jio. This development marks the formal entry of Elon Musk, the world's richest man, into India's communications services sector. Starlink has been attempting to enter the Indian satellite communications market since 2021 but had not pr ...Read More >
NEW DELHI: In a dramatic turn of events, Canadian PM Mark Carney called PM Modi and invited him for the G7 summit that begins eight days from now at Kananaskis in Alberta. Modi accepted the invitation and said he was looking forward to meeting him at the summit.The announcement by Modi on X followed almost a week of suspense over his participation because of a lack of invitation, drawing barbs from the opposition about his possible exclusion from the summit. India is not a member of G7 but Modi has been invited for all summits since 2019. Modi congratulated Carney on his poll win and thanked h ...Read More >
New Delhi, Jun 27 (PTI) Canadian billionaire Prem Watsa's company Fairfax Financial Holdings Limited on Friday said it has appointed former NITI Aayog CEO Amitabh Kant as a senior advisor. In a statement, Fairfax said former G20 Sherpa Kant's extensive expertise in economic development, innovation, and sustainable growth is expected to significantly benefit the company's long-term investment approach in India. As India is pursuing an ambitious roadmap toward becoming a developed economy by 2047, Fairfax expects many opportunities for it and its affiliates, including Fairfax India Holdings Co ...Read More >
Hyderabad: Samsung has officially launched the Samsung Galaxy M36 5G smartphone in India, expanding the M-series lineup. The new handset features a 120Hz Super AMOLED display, an Exynos 1380 chipset, 6GB RAM, 128GB storage, and a 50MP triple rear camera setup. It packs a 5,000mAh battery with 25W wired fast charging. The device runs on OneUI 7 based on Android 15. Notably, it is the successor of the Samsung Galaxy M35 5G, launched in India last July. Samsung Galaxy M36 5G: Price, availability The Samsung Galaxy M36 5G is priced at Rs 22,999 for its sole 6GB RAM + 128GB storage variant. It is ...Read More >
Mumbai (Maharashtra) [India], June 28: Cedaar Textile Limited has successfully completed its anchor book allocation, raising ₹9.52 crore ahead of its upcoming Initial Public Offering (IPO). The anchor book received an enthusiastic response from marquee institutional investors, underscoring strong market confidence in the company's fundamentals and future outlook. Also Read | Elon Musk Responds to Question on Jobs Cannot Be Automated by AI, Says 'There Will Be a Premium for Human Experiences'. A total of 6.8 lakh equity shares were allocated to esteemed anchor institutions at the upper end of ...Read More >
New Delhi: US President Donald Trump abruptly froze trade talks with Canada this week because Ottawa plans to begin collecting a digital tax from big technology companies, including American giants like Google, Amazon, Meta and Uber. Trump did not hold back. In a post on his Truth Social platform, he called the tax a "direct and blatant attack on our country". He said the United States would respond within days with fresh tariffs on Canadian goods. The move did not come out of nowhere. Quietly passed in June 2024, the Canadian law charges a 3% levy on digital services revenue earned from Can ...Read More >