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The major business growth drivers for data analytics and artificial intelligence player Qlik are the government sector, Banking, Financial Services, and Insurance (BFSI), and pharma, according to the US-based firm's Managing Director (India), Varun Babbar. "We see a lot of initiatives by various state governments as well as central governments where they are revamping their whole data ecosystem and building the right data foundations to build AI-driven projects," Babbar told PTI. Banking and financial services have been early adopters of technology, and they were the first ones to build data warehouses and data lakes, he said, adding that there is a lot of innovation being done by them. Besides, he said, pharma is another vertical where a lot of traction is taking place. On the government side, he said, the company is working with three states apart from various public sector companies, including Indian Oil Corporation. "We see a lot of initiatives built by various state governmen
American electric carmaker Tesla will bring its humanoid robot, Optimus to India at the right time, a senior company official said on Wednesday. The company will also look at bringing its vertically integrated energy solution business to the country at an appropriate time, Tesla chief for APAC region Isabel Fan told reporters here. She said Tesla will start volume production of Optimus later this year in the US. "Humanoid robots will be big part of our life in the future, " Fan said. Humanoid robots would have several uses, including as a companion or to execute "dangerous task" that a human would not prefer to do, besides providing home medical requirement support, she noted. "I have a commitment when it (time) comes right on the things (as) you have seen (in) other markets, we want to bring to India. That's the goal," Fan said referring to the company's humanoid robot. With the help of robots human lives will be much easier, she added. "This is a good option for humans to have a
IndiaAI Expo Summit 2026 will remain closed on February 19 and will instead get an extra day on February 21, a senior government official said on Wednesday. Prime Minister Narendra Modi will inaugurate the summit on February 19. "The expo will remain closed on February 19. It has been extended by a day due to huge enthusiasm. It will remain open on Saturday, February 21," Electronics and IT Secretary S Krishnan said. Krishnan said 20 heads of states, including French President Emmanuel Macron, will be present at the inaugural session. "We don't want any inconvenience to public due to restrictions that is why it has been decided to not open expo tomorrow," he said.