WebinarsNew
Deep DiveNew
Explore Business Standard
India is one of Oracle NetSuite's highest-priority markets, a senior company executive said, adding that small Indian businesses, especially those outside the big metros, are increasingly using artificial intelligence (AI) and cloud to expand into new states and, in some cases, overseas. Speaking to PTI on the sidelines of Oracle AI World, Amit Suxena, group vice president and head of Asia at Oracle NetSuite, an AI-native business management platform, said momentum among Indian businesses had been growing over the last four to five years. "One of the biggest advantages India has is that we have a young population which is actually now native to using cloud and AI, which means that India is not burdened like some of the other mature economies where they like to use legacy systems," Suxena said. He said technology was narrowing the gap between small firms and large companies, letting smaller businesses grow beyond the city they started in. "Overall, from a business perspective, I'm .
IIT-Kharagpur on Monday said it will establish India's first dedicated academic school focused on Physical Artificial Intelligence (AI), with an investment of Rs 35 crore. The Benjamin Gupta School of Physical AI will be set up under a memorandum of understanding (MoU) signed by IIT-Kharagpur, its distinguished alumnus and philanthropist Vinod Gupta, and the IITKGP Foundation USA, according to an institute statement. The initiative will receive Rs 12.5 crore from the Vinod Gupta family, Rs 10 crore from an anonymous alumnus, with the institute funding the remaining amount. Named in memory of Gupta's late son, Benjamin Gupta, the school will house the Department of Artificial Intelligence and support interdisciplinary academic and research activities, a statement said. Unlike conventional AI, which primarily relies on data, algorithms and digital applications, Physical AI focuses on developing intelligent systems that can understand and interact with the physical world by incorporat