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US President Donald Trump's $100,000 fees hike for specific H-1B visa hires has sparked debate among various industry representatives, with many expressing their views on its effects on the US economy. Xavier Fernandes, the founder of the immigration agency Y-Axis, stated that the policy might be more detrimental to the US than beneficial. In an interview with CBS News programme on India's IT sector and H-1B visas, Fernandes said, "It's definitely America's loss. Many CEOs are from Hyderabad. ...Read More >
New Delhi [India], April 8 (ANI): Anthropic announced Project Glasswing, a new initiative that brings together Amazon Web Services, Apple, Broadcom, Cisco, CrowdStrike, Google, JPMorganChase, the Linux Foundation, Microsoft, NVIDIA, and Palo Alto Networks in an effort to "secure the world's most critical software." The collaborative effort comes as AI models reach a level of coding capability that allows them to find and exploit software vulnerabilities more effectively than most humans. Accord ...Read More >
New Delhi [India], April 7 (ANI): Anthropic's run-rate revenue surpassed the USD 30 billion threshold, marking a substantial increase from the approximately USD 9 billion reported at the close of 2025, according to the company. "Demand from Claude customers has accelerated in 2026. Our run-rate revenue has now surpassed $30 billion--up from approximately $9 billion at the end of 2025," Anthropic said in a statement. The company noted that the surge in revenue followed an acceleration in demand ...Read More >
India's studios are transforming filmmaking by using AI to slash production time, cut costs and dub movies into numerous languages. While union rules constrain Hollywood's use of the technology, Indian cinema is racing ahead, pitting efficiency against questions of creative authenticity and audience acceptance. BENGALURU - Welcome to the new-look movie set, where the quiet hum of a coding floor has replaced the cacophony of cameras, clapperboards and shouted directions. The Collective Artists ...Read More >
Sarvam was founded by two AI researchers, Vivek Raghavan and Pratyush Kumar, in 2023 ShowQuick Read Summary is AI-generated, newsroom-reviewed * Sarvam AI is raising $300-$350 million at a valuation of $1.5-$1.55 billion * Funding round led by Bessemer Venture Partners with Nvidia, Amazon involved * The startup focuses on AI models tailored to 22 Indian languages and cultures Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: India's homegrown artificial intelligence ...Read More >
Bengaluru: The dreaded 6 am emails from Oracle leadership, along with the sudden revocation of VPN and Slack access, have come to define the ongoing layoffs in India. An estimated 10,000-12,000 employees in India -- out of its 50,000-strong workforce -- are likely to be affected, according to industry sources, while globally the company is said to be cutting around 30,000 roles.India, often described internally as a second headquarters for Oracle, is now bearing the brunt of the company's aggres ...Read More >
Sanand (Gujarat), March 31 (SocialNews.XYZ) Union Electronics and Information Technology Minister Ashwini Vaishnaw on Tuesday said four semiconductor plants are expected to be ready in India by 2026, as he outlined an accelerated roadmap for the sector following the inauguration of a new facility in Gujarat. In comments after Prime Minister Narendra Modi inaugurated the Kaynes Semicon's OSAT plant in Sanand, Vaishnaw said: "In 2026, four plants will be ready, and two plants in 2027. India's fir ...Read More >
Bengaluru -- Orbital compute infrastructure start-up Starcloud has raised $170m at a $1.1bn valuation as companies including Elon Musk's SpaceX and Jeff Bezos' Blue Origin race to move power-hungry AI data centres off-planet. Led by Benchmark and EQT Ventures, the fundraise underscores surging investor appetite for space infrastructure bets as massive AI computing requirements strain terrestrial energy grids and data centre capacity, even as space-based systems offer access to near-continuous s ...Read More >
New Delhi, Feb 17 (PTI) Microsoft co-founder Bill Gates' participation in the world's biggest AI summit became a topic of speculation on Tuesday, following conflicting reports. Government sources initially stated he would not attend, but a spokesperson for the Gates Foundation quickly contradicted to say he is indeed participating. Gates featured among the tech moguls, industry leaders, policymakers, founders, and technologists participating as speakers on the official website of the AI Impact ...Read More >
NEW DELHI: INDIA is discussing age-based restrictions with social media companies, IT minister Ashwini Vaishnaw said Tuesday, following moves by Australia and other countries to ban young teens from popular platforms. Vaishnaw, speaking at a global artificial intelligence conference in New Delhi, also said stronger rules were needed on deepfakes, while hailing an expected $200 billion in AI investment over the next two years. Australia has since December required TikTok, YouTube, Snapchat and ...Read More >
NEW DELHI (AP) - India is hosting an artificial intelligence summit this week, bringing together heads of state, senior officials and tech executives to New Delhi for a five-day gathering highlighting the growing global importance of the technology. Organizers said the India AI Impact Summit is the first such summit being held in the Global South to discuss the technology developed and dominated by wealthy companies based in rich countries. It comes at a pivotal moment as AI rapidly transforms ...Read More >
He also urges Union Minister of State Jayant Chaudhary to ensure Central approval for the establishment of a National Skill Training Institute in Visakhapatnam IT & HRD Minister Nara Lokesh met Union Minister for Electronics & Information Technology and Railways, Ashwini Vaishnaw at the Parliament in New Delhi on Monday following his recent visit to the United States and Canada. During his visit abroad, Mr. Lokesh showcased Andhra Pradesh (A.P.) as an emerging hub for technology, innovation an ...Read More >
Vijayawada, Dec 15 (UNI) Andhra Pradesh Minister for Education, IT and Electronics, Nara Lokesh on Monday met union Minister for Electronics and Information Technology and Railways, Ashwini Vaishnaw, at Parliament in New Delhi, following his recent visit to the United States. Minister Lokesh sought the Centre's support for rolling out an AI-powered Skill Census across Andhra Pradesh. He explained the pilot project conducted in Mangalagiri and highlighted the introduction of an AI-based intervie ...Read More >
New Delhi [India], December 15 (ANI): Andhra Pradesh Minister for Education, IT and Electronics, Nara Lokesh, was in New Delhi on Monday following a highly successful visit to the United States, where he held a series of high-level meetings with global technology leaders, including Google CEO Sundar Pichai, NVIDIA, Adobe and several other leading American technology companies. During his engagements in the US, Minister Lokesh showcased Andhra Pradesh as a fast-emerging hub for technology, innov ...Read More >
New Delhi [India], December 15 (ANI): Andhra Pradesh Minister for Education, IT and Electronics, Nara Lokesh, was in New Delhi on Monday following a highly successful visit to the United States, where he held a series of high-level meetings with global technology leaders, including Google CEO Sundar Pichai, NVIDIA, Adobe and several other leading American technology companies. During his engagements in the US, Minister Lokesh showcased Andhra Pradesh as a fast-emerging hub for technology, innov ...Read More >
New Delhi, Dec 15 (PTI) Andhra Pradesh Minister for Education and IT Nara Lokesh met three Union Ministers on Monday, seeking support for education reforms, skill development and technology expansion in the state. In his meeting with Union Education Minister Dharmendra Pradhan, Lokesh highlighted the state's Guaranteed Foundational Literacy and Numeracy programme, the clicker-based Interactive Classroom Response System in government schools, and the first government-managed Central Smart Kitche ...Read More >
Mumbai, Dec 15 (SocialNews.XYZ) Investors from more than 145 cities in India are now investing globally -- with 47 per cent coming from tier 2 and 3 cities, a report showed on Monday. The report by Vested Finance revealed that Indian investors are increasingly broadening their exposure beyond single-stock investments to include US equities, Index and thematic exchange-traded funds (ETFs), private market opportunities, and global funds, including GIFT City-domiciled funds. This reflects a more ...Read More >
MUMBAI, Nov 19 (Reuters) - The rupee closed nearly unchanged on Wednesday, easing off a two-week high as importer dollar demand ate into gains spurred by a pick up in exporter flows and a mildly bullish bias among interbank traders. The rupee ended the session at 88.5875 against the U.S. dollar, up marginally from its close of 88.6050 in the previous session. The currency climbed to a peak of 88.4250 in early trading, but shed much of its gains in the latter half of the session. A trader at a ...Read More >
New Delhi [India], October 31 (ANI): Jefferies, in its latest report, highlighted that it favours the Chinese approach to artificial intelligence (AI) over the US approach, citing structural advantages in China's energy capacity and the open-source model driving innovation. The report said that China's open-source approach to AI is expected to lead to an "inference boom" as entrepreneurs develop targeted and cost-effective AI use cases. "The open-source model should lead to an inference boom a ...Read More >
Sensex Today: Q2 results, ongoing US-India trade talks, renewed hopes around the US-China trade deal, and strong global cues are expected to guide Indian benchmark indices -- Sensex and Nifty -- on Monday, the first trading session of the week. At around 7:10 AM, GIFT Nifty futures were trading 109 points lower at 25,923, suggesting a positive start for domestic markets. Global cues Asian markets opened strong on Monday, tracking Wall Street's record rally and optimism over progress in US-Chi ...Read More >
New Delhi [India], October 20 (ANI): Top business leaders from across the Asia-Pacific region are set to gather in Gyeongju, North Gyeongsang Province, South Korea, later this month for the APEC CEO Summit 2025, as per a report by Pulse, the English service of Maeil Business Newspaper Korea. As per the report, a high-profile business forum held in the run-up to the Asia-Pacific Economic Cooperation (APEC) Leaders' Summit slated for October 31 to November 1. Also Read | Diwali 2025: Apple CEO T ...Read More >
Jammu: Directorate of School Education Jammu (DSEJ) has declared Pooja holidays for all government and recognised private schools across Jammu Division from October 19 to October 23, 2025. According to an order issued by the Director School Education Jammu (DSEJ) said It is hereby ordered that all the Government Educational institutions and also recognized Private School (s) upto Higher Secondary levels (Summer /Winter Zones) of Jammu Division shall observe Pooja Holidays w.e.f 19-10-2025 to 23 ...Read More >
Bengaluru - An investor group including Singapore's Temasek, BlackRock, Microsoft and Nvidia is buying one of the world's biggest data centre operators with nearly 80 facilities in a deal worth US$40 billion (S$51.8 billion) to secure coveted computing capacity for artificial intelligence (AI). The deal is the biggest-ever data centre transaction as companies race to lock in AI computing power. Aligned Data Centers, which is based in Texas, currently has 50 campuses in the United States and So ...Read More >
(Reuters) -U.S. stock index futures rose on Monday, building on gains from last week as a flurry of AI-related dealmaking and softer labor market trends bolstered expectations for an interest-rate cut. The resilience in equities came despite the federal government shutdown showing little signs of resolution, underscoring the persistent appetite for tech stocks and an increased focus on the upcoming earnings season for cues on the trajectory of the economy. "The current AI infrastructure buildo ...Read More >
India's indigenously designed Artificial Intelligence (AI) chips, developed with homegrown technology and talent, have been unveiled by innovators at the T-CHIP Semicon Constitution Summit in Hyderabad. India's indigenously designed Artificial Intelligence (AI) chips, developed with homegrown technology and talent, have been unveiled by innovators at the T-CHIP Semicon Constitution Summit in Hyderabad. These chips, built entirely in Telangana, mark a step in creating a self-reliant semiconducto ...Read More >
NEW DELHI, Sept 26: Hitachi has announced the launch of the global Hitachi AI Factory, which is based on the NVIDIA AI factory reference architecture, yielding a centralized infrastructure designed to accelerate the development and deployment of physical AI solutions across Hitachi's core business sectors, an official statement said. An 'AI Factory' refers to a specialized, industrialized infrastructure that automates and scales the entire artificial intelligence lifecycle, from data collection ...Read More >
Tirupati: Tirumala has embraced cutting-edge technology to transform pilgrim management with the launch of India's first AI-driven Integrated Command and Control Centre (ICCC) at the Vaikuntam Queue Complex-I. Chief Minister N Chandrababu Naidu inaugurated the centre on Thursday, highlighting its role as a milestone in temple governance and a benchmark for enhancing the visitor experience. The ICCC integrates more than 6,000 AI-enabled cameras across Tirumala, feeding into a system capable of p ...Read More >
New Delhi: India Mobile Congress (IMC) is all set to host the second International Bharat 6G Symposium in partnership with Bharat 6G Alliance on October 9-10 in New Delhi. This symposium at IMC, Asia's premier showcase of technology, will see discussions on how 6G technology will drive digital sovereignty, economic growth and technological innovation in India and beyond, a release said. The event will be inaugurated by Communications Minister Jyotiraditya Scindia, who will be accompanied by Pem ...Read More >
Kolkata, Sep 16 (PTI) Economist and former CPI(M) leader Prasenjit Bose joined the Congress during a programme in the metropolis, and asserted that he would support the party in its fight to "save the Constitution". Bose (51) became a part of the Congress at a formal joining ceremony here on Monday in the presence of party leaders Ghulam Ahmad Mir, Syed Naseer Hussain and Kanhaiya Kumar, besides state unit president Subhankar Sarkar. "We have to protect the Constitution, establish a government ...Read More >
(RTTNews) - Indian shares look set to open on a flat note on Tuesday despite mostly positive cues from global markets. Tariff worries may keep investors on edge after Peter Navarro, Donald Trump's trade adviser, on Monday stepped up his attack on India for its trade policies and oil purchases from Russia. Benchmark indexes Sensex and Nifty ended down around 0.2 percent each on Monday due to profit taking after recent gains. While the Sensex snapped a five-day winning streak, the Nifty index s ...Read More >
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