AI infrastructure bets, startup model launches and global funding commitments marked day three of the AI summit, while Galgotias University faced backlash over displaying Chinese robodog as their own
L&T and NVIDIA have announced a venture to build sovereign, scalable gigawatt-scale AI factory infrastructure, supporting India's digital transformation and the IndiaAI Mission
NPCI says the effort builds on its FiMI model and UPI Help Assistant, and is aimed at creating a payments-native AI foundation aligned with India's data sovereignty and regulatory needs
L&T said that the partnership will work on developing AI-ready data centre infrastructure to support large-scale workloads across sectors such as manufacturing and infrastructure
India needs to scale up investment in Artificial Intelligence from the current USD 1.2 billion to match the global levels and the Budget announcement of 20-year tax holiday to foreign companies offers "foundational infrastructure" for expanding AI, a senior NVIDIA official said on Wednesday. Shanker Trivedi, Senior Vice President, Enterprise Business at NVIDIA, said of the 2,000 global corporations, 1,800 have a major global capability centre in India currently employing over 2 million people, shortly to grow to 3 million. "Everyone of these global capability centres needs their own local AI factory from which they will take their data, their business processes, their IP, and convert it into intelligence. And, so, this (Budget announcement) is a very big opportunity here in India. And as we describe, this is foundational infrastructure," Trivedi said at the AI Impact Summit 2026. In the Union Budget 2026-27, a tax holiday of 20 years up to 2047 was announced to any foreign company .
E2E Networks shares today zoomed 20 per cent to hit the upper circuit in trade. The buying was buoyed on news of its collaboration with Nvidia Corporation.
The project includes a four-year engagement worth over $1 billion under which Nvidia will establish one of Asia-Pacific's largest DGX Cloud clusters within Yotta's infrastructure
Dhupar said Nvidia's ecosystem in India is thriving and expanding rapidly as organisations build AI applications using Nvidia's Nemotron models to support public-sector services
The collaboration includes a blueprint for AI-ready data centres capable of scaling up to 200 megawatts of capacity
Skyrocketing memory costs mean DRAM could soon account for as much as 30 per cent of low-end smartphones' bill of materials - tripling from 10 per cent in early 2025
Huang was expected to be one of the biggest attractions at the summit, which will be inaugurated by Prime Minister Narendra Modi on Thursday
Sony has unveiled flagship WF-1000XM6 earbuds. Google Docs AI summary. Sony PlayStation State of Play. BenQ new monitor. YouTube on Apple Vision Pro. Apple Siri.
Nvidia is set to lease a Nevada data center financed by a $3.8 billion junk-bond sale, underscoring the borrowing surge tied to AI infrastructure
Nvidia has launched the GeForce Now app for Amazon Fire TV devices, enabling cloud gaming access on select Fire TV Stick models
Dominant AI ecosystem players Nvidia, Google and OpenAI are among 400 exhibitors who will participate at the five-day-long India AI Impact Expo 2026, a senior government official said on Thursday. Software Technology Parks of India (STPI), Director General, Arvind Kumar, told PTI that the expo will serve as a matchmaking for AI ecosystem players, where Indian innovators will also showcase their potential. "Leading AI ecosystem players, including NVIDIA, Google, and OpenAI, will be among 400 exhibitors at the India AI Impact Expo. Their top executives have also confirmed their participation. They will also hold meetings with Indian companies," he said. Kumar said over 100 countries have confirmed participation in the summit, which includes 50 ministerial-level delegations. He said that the preparation for the India AI Impact Summit and Expo started immediately after Prime Minister Narendra Modi announced the hosting of the next AI summit in India. "We have started work on the expo.
Huang said worries that AI will make software companies less relevant are misguided and AI will continue to rely on existing software
Nvidia CEO Jensen Huang has denied claims he was unhappy with the ChatGPT maker and said on Saturday that the company plans to make a "huge" investment in OpenAI, probably its largest ever
The latest clarification came after reports suggested Nvidia had paused or slowed its $100 billion investment plans in OpenAI
Nvidia said it intended to pour as much as $100 billion into OpenAI as part of a deal that gave the chipmaker a stake in the startup, gave OpenAI the cash it needed to buy the advanced chips
As part of a letter of intent signed in September, Nvidia said it planned to invest as much as $100 billion in OpenAI to support new data centers and other artificial intelligence infrastructure