Page 11 - India Ai Impact Summit

Govt weighs AI-based credit scores to expand access to formal finance

The Centre is exploring AI-based credit scoring and UPI-linked credit lines to widen access to formal finance for women, first-time borrowers and vulnerable communities

Delhi Police identifies person involved in theft at India AI Summit

Delhi Police has identified a person involved in theft of devices at India AI Impact Summit that took place after Prime Minister Narendra Modi inaugurated the expo, a senior official said on Tuesday. Homegrown wearables startup NeoSapien Co-founder and CEO Dhananjay Yadav had complained about theft of his devices that he left at his booth allegedly under instruction of security personnel. Yadav said that the theft of his products was "difficult and painful," noting it occurred during a security shutdown for Prime Minister Narendra Modi's visit. Manish Kumar Agrawal, Special Commissioner of Police (Intelligence Division) said the local police are investigating and there are CCTV cameras in place. "There was a time when the gentleman left the items unattended, this was despite the fact that a locker was provided. It was expected that the exhibitor would put the items in the locker. "But nevertheless for whatever reasons he left (it) unattended, but we have proof, the local police ha

Bill Gates to skip AI Summit, say govt sources; his foundation says he will

Confusion prevailed on Tuesday over Microsoft Co-Founder Bill Gates attending the high-profile AI Impact Summit with government sources saying he will not attend the meeting while a spokesperson of his foundation contradicted, saying he is. Gates featured among the tech moguls, industry leaders, policymakers, founders, and technologists listed as speakers on the official website of the AI Impact Summit, underway in the national capital from February 16-20. The summit website on Tuesday, however, did not show his name among the key speakers. Government sources said Gates will not be attending the Summit. A spokesperson for his foundation in an emailed response to PTI said, "Bill Gates is attending the AI Impact Summit. He will be delivering his keynote as scheduled." He was listed as a keynote speaker on Feburary 19 at 11.50 hours. Government sources suggesting that Gates will not attend the Summit may be due to his name figuring in files relating to the late sex offender Jeffrey

India doesn't need hand-down versions of AI products: Intel's Viswanathan

India requires AI products that adapt to societal needs and adopt a frugal approach to using high-end, high-cost technologies, including frontier models, he said

AI to crash filmmaking costs, open doors to new storytellers: Shekhar Kapur

Filmmaker Shekhar Kapur on Tuesday said artificial intelligence will dramatically lower the cost of filmmaking and open doors for a new generation of storytellers. The director, known for critical and commercial hits such as "Masoom", "Mr India" and "Bandit Queen", said he has already begun using AI in his own work. "In filmmaking, it will bring a lot of new filmmakers in because the cost of filmmaking is going to come crashing down with AI. That's what's going to happen," Kapur told PTI on the sidelines of the India AI Impact Summit 2026 at Bharat Mandapam here. The director described AI as a "democratic technology" that could transform not just cinema, but India's broader economic and creative landscape. "I think that India will add a trillion dollars a year to its GDP with AI. It is the most democratic technology to hit us... It goes right down the pyramid to those that really need it. "AI can do everything but what it can't do is be intuitive. And therefore, people who haven't

Tech Wrap Feb 17: Nothing Phone 4a, iOS 26.4 dev beta, Galaxy S26 series

Nothing Phone 4a series launch date announced. iOS 26.4 dev beta released. Samsung Galaxy S26 series zero-peeking control. Apple event set for March 4. Sarvam Kaze. YouTube ad-blocker crackdown

Defence, jobs and investment lead talks on Day 2 of India-AI Impact Summit

Day 2 saw discussions on AI deployment across defence, telecom, healthcare and agriculture, as the government pushed sovereign AI development and outlined plans to attract $200 billion in investments

IVCA consortium commits ₹500 crore to fund 31 India-built AI startups

Sixteen IVCA-member VC firms have pledged ₹500 crore to invest in 31 homegrown AI startups showcased at MeitY's Impact AI PitchFest, signalling rising confidence in India's deployable AI ecosystem

AI in education key to India becoming a developed nation by 2047: Pradhan

Pradhan added that AI assimilation into education will help the country towards a production and manufacturing-based economy

Mastercard conducts secured agentic commerce transaction at India AI Summit

Mastercard completes what it calls India's first fully authenticated agentic commerce transaction at the India AI Impact Summit, signalling readiness for AI-driven payments

India AI Summit: JP Nadda launches SAHI, BODH to power AI in healthcare

With digital health infrastructure in place, India has launched SAHI and BODH to accelerate AI-driven innovation in healthcare while keeping public trust, ethics and patient safety at the core

Bihar govt signs pacts for investments worth ₹468 cr at AI Impact Summit

The Bihar government has signed initial pacts with technology companies and IIT Patna at India AI Impact Summit here for investments worth Rs 468 crore across several projects, including a research park. According to an official statement, the Bihar government has signed Memorandums of Understanding (MoUs) worth Rs 468 crore with several major technology companies as well as with IIT Patna. The state government has signed MoU worth Rs 60 crore to set up Bihar AI CoE (centre of excellence). An MoU worth Rs 250 crore was signed for setting up a research park at IIT Patna. Tiger Analytics will be Industry Partner and IIT Patna will be Academic Partner. In addition, MoUs were signed with GCC units and IT units such as Red Cyber (Rs 103 crore), GrowQR (Rs 30 crore), and CIPL (Rs 25 crore), among others under Bihar GCC policy 2026 and Bihar IT policy 2024. "This move is expected to create over 10,000 new job opportunities in the field of emerging technologies. Additionally, more than 50,

Spam protection to cloud infra, Airtel shows AI adoption beyond networks

From network-level spam filtering to cloud and data centre operations, Airtel is showcasing how it is using AI across its infrastructure stack at the India AI Impact Summit 2026

India AI Summit 2026: What are the Sarvam Kaze AI glasses PM Modi wore?

At the India AI Summit 2026, Prime Minister Narendra Modi tried Sarvam Kaze, a homegrown AI wearable designed to deliver real-time intelligence and privacy

India eyeing $200 bn AI investments across stack layers in 2 yrs: Vaishnaw

India-AI Impact Summit 2026: India is expanding AI compute, talent training and clean energy capacity, with new GPUs and skills programmes to strengthen its AI ecosystem, said Ashwini Vaishnaw

AI can save India up to ₹20,000 crore in port cargo handling: EAC-PM member

India needs to embrace new technology and can save up to Rs 20,000 crore by using AI for cargo handling at ports, said Member of Economic Advisory Council to PM Gourav Vallabh on Tuesday. Speaking at session 'AI-Powered Ports: Reimagining Efficiency and Operations' at the AI Impact Summit here, Vallabh said India is emerging as a global leader in the field of new technology. "There is an approximate saving by uses of AI of Rs 20,000 crore in our handling.. And every year we can save Rs 15,000 crore as far as the logistic cost is concerned," he said. The question is not whether AI will transform India's ports, Vallabh said adding "the question is whether we are going to lead it or not." He noted that India's logistics cost at 7.97 per cent of GDP is competitive, "but for Viksit Bharat 2047 aim, our ports should be intelligent and should have intelligent ecosystem." He said India needs accelerated policy initiatives to reduce the logistics cost. He pointed out that 95 per cent of

DRDO DG Chandrika Kaushik stresses need for indigenous AI in defence sector

Highlighting the growing penetration of AI across sectors, she said the technology has already spread across daily activities, from education to problem-solving and solution development

AI powering next phase of digital infrastructure: Reliance Jio official

The convergence of connectivity and compute will reshape how citizens, enterprises and governments interact in India, with artificial intelligence poised to amplify the country's already robust digital public infrastructure, a top executive at Reliance Jio said on Tuesday. Speaking at the AI Impact Summit, Shyam Prabhakar Mardikar - CTO, Mobility, at Reliance Jio, said India stands nearly a decade ahead of many developed economies in building population-scale digital platforms from digital payments and online banking to Aadhaar-based identity systems and paperless air travel through Digi Yatra. "India's digital infrastructure is already a humongous success story," Mardikar said at the five-day summit, which began on Monday. "Now imagine putting intelligence on top of it, making it aware, inclusive and accessible to the last citizen in the last village," he added. He said putting AI into existing nationwide digital rails could expand the government's reach and improve decision-makin

AI can bridge information gap in agriculture: MeitY secretary S Krishnan

MeitY Secretary S Krishnan, who himself is a registered farmer, on Tuesday called for using artificial intelligence to bridge the information gap in agriculture, saying the old extension network has broken down and the focus has shifted to channelling inputs rather than providing the advisory support farmers actually need. Krishnan, who revealed that he has an agricultural loan in his personal account and that his mother supervises the cultivation on his farm, said timely and reliable advice remains the single most important thing farmers seek -- and the one thing the system has consistently failed to deliver. "As farmers, they always look for advice, which is timely. And many people say that the old extension network has broken down. ...Across many agriculture departments and state governments, the far greater focus is how inputs get channelised. There is less attention to the kind of advice that farmers really want," the secretary in Ministry of Electronics and Information ...

Vaishnaw apologises for disruptions on Day 1 of India AI Impact Summit

Speaking on the second day of the summit, Vaishnaw extended an apology for the inconvenience that the stakeholders had to face on the opening day