Page 3 - Technology Industry

India backs tech democracy, offers to share its DPI with the world

India said it is expanding its Digital Public Infrastructure ecosystem into areas such as agriculture and smart cities and stands ready to share successes with the international community, as UN leaders commended the country for its leadership in investing in this domain. Minister of State for the Ministry of Commerce & Industry and the Ministry of Electronics & Information Technology, Jitin Prasada, said that the Indian DPI success story is a showcase to the world. "DPI is all about empowering citizens, good governance, inclusive and sustainable growth at the societal level. The future will not be built by machines alone but by the choices we make about how technology serves humanity, Prasada said in his keynote address at the event organised by India's Permanent Mission to the UN at the world body's headquarters on Thursday. Prasada added that looking forward, India is expanding its DPI ecosystem into agriculture, logistics, smart cities and more. "The next wave will ...

Databricks to hire hundreds, invest $250 mn in India to boost AI push

The San Francisco-based firm, one of the world's most valuable privately held tech companies, will increase its India headcount by more than 50 per cent to about 750 by the end of the fiscal year

India's startup failure isn't about ambition, it's about the economy

Criticism of Indian startups may be valid, but the real culprit behind their consumer focus and lack of innovation is the govt's economic model

China tech faces worry beyond Trump tariffs after $350 billion wipeout

The Hang Seng Tech Index has shed more than $350 billion in market value since a March high, though it has gained about 9 per cent over the past three sessions

Aman Gupta backs Piyush Goyal's push for deep-tech focus in startups

boAt co-founder Aman Gupta has come out in support of Commerce and Industry Minister Piyush Goyal's recent remarks urging Indian startups to focus more on deep-tech innovation. Gupta's comments come amid an ongoing debate within the startup ecosystem where several founders have countered Goyal's critique of consumer-focused ventures like food delivery and luxury goods startups. Gupta took to social media platform X to echo Goyal's call for startups to move beyond consumer-centric models like food delivery and fantasy sports apps and instead prioritise technologies like artificial intelligence, robotics, and quantum computing. "It's not every day that the government asks founders to dream bigger. But at Startup Mahakumbh, that's exactly what happened. I was there. I heard the full speech. Hon. Minister @PiyushGoyal Ji isn't against founders. He believes in us. His point was simple: India has come far, but to lead the worldwe need to aim higher. "It reminded me of something I say oft

India must innovate, not become tech colony of others: Amitabh Kant

It must build AI systems built on domestic datasets that don't have biases of the West, he says

India's tech startups worth $100 billion seen seeking IPOs by 2027

Young companies are now in better shape than in 2021 and 2022, when several startups that sought to capture India's booming capital markets cratered after listing at high valuations

AI and emerging tech: The top investment priority for 86% of Indian CEOs

Indian CEOs are prioritising AI and emerging tech, with 86 per cent viewing them as key investments for growth, while 90 per cent emphasise AI adoption and workforce upskilling, says EY survey

Donald Trump blocks 10% of funds for key agency in US-China tech race

Trump administration on Monday effectively canceled $20 million in funding for the Commerce Department's Bureau of Industry and Security

Nabhdrishti Aerospace raises $3 mn to develop next-gen propulsion tech

Founded in 2023, Nabhdrishti is focused on building sustainable, indigenous propulsion systems that can reduce India's reliance on imported aerospace technology

Emerging technology hub will be set up at Rs 350 crore, says Kerala CM

Kerala CM Pinarayi Vijayan on Monday announced the launch of an Emerging Technology Hub in the state capital by the Kerala Startup Mission. The hub, being developed at an estimated cost of Rs 350 crore will focus on leveraging Artificial Intelligence (AI) across key sectors including agriculture, healthcare, defence, and renewable energy. Responding to a calling attention motion by Indian Union Muslim League (IUML) legislator Manjalamkuzhi Ali in the Assembly, he added that this hub, being set up on a three-acre site in Technocity, Thiruvananthapuram. Vijayan added that the state government is formulating a draft Artificial Intelligence (AI) policy to include AI-driven software development, database creation, innovation centres, skill development initiatives, and support for AI startups. "In the recent state budget, the government announced key initiatives to support startups in the AI sector," he said. As part of this effort, a deep-tech ecosystem will be developed, including the

Why AI systems make things up and how that can lead to serious risks

When an algorithmic system generates information that seems plausible but is actually inaccurate or misleading, computer scientists call it an AI hallucination

India preferred partner in global tech ecosystem: Nasscom prez Nambiar

Technology is shaping economies more profoundly than ever before, Nasscom President Rajesh Nambiar said on Thursday as he outlined India's strengths as a global talent hub which positions it as a preferred partner in the global technological ecosystem. Nambiar was speaking at the IT industry body's Global Confluence 2025 here. "Today, the world is in a bit of an inflection point than ever before. Some of the technologies are actually playing a lot more influence on the economic models that we are seeing in the country," he said. Nambiar noted that the world is experiencing a global technological shift, which has created a rising demand for a high-quality talent base to meet the challenges and opportunities of this new landscape. There is no industry or country that is growing without technology playing a leading role. All of them have always been driven by technology to some extent, he said. "A country like India continues to be a partner of choice for the global technological ...

IT firm Happiest Minds appoints Joseph Anantharaju as CEO, Co-chairman

IT company Happiest Minds Technologies on Wednesday announced apex-level changes in its organisation structure, effective immediately. Joseph Anantharaju has been elevated to Co-Chairman and CEO of the Bengaluru-headquartered firm, according to a company statement. He will now head all business divisions of the company: Product & Digital Engineering Services (PDES), Infrastructure Management & Security Services (IMSS), and GenAI Business Services (GBS). Earlier, he served as the executive vice chairman, president & CEO of the PDES Division up till now. Its Chairman Ashok Soota will now take up an additional position as the Chief Mentor. Venkatraman Narayanan will continue as the MD & CFO of Happiest Minds. He will head the finance, talent acquisition, internal IT, learning & development, ESG, CSR, procurement and administration teams. Anantharaju and Narayanan will be jointly responsible for M&A and Board matters, the statement said, adding that they will ...

Edtech firm MSM Unify plans $20 mn investment to expand biz in India

Global education firm MSM Unify on Wednesday announced a plan to invest USD 20 million (around Rs 173 crore) to expand business in India. As part of this initiative, MSM Unify said it has set up three major offices in Noida, Gurgaon, and Ahmedabad and employed 175 professionals. The company has already invested USD 4 million so far and is ramping up operations to hire an additional 175 professionals by the next financial year, it said in a statement. With an ambitious roadmap, the company is set to launch 250 student recruitment franchises across India, with the first three in Pune, Vashi (Maharashtra), and Anand (Gujarat). Sanjay Laul, Founder of MSM Group, said that India is at the forefront of global education and universities worldwide are not only recruiting Indian students but are also keen on setting up campuses here. "With our USD 20 million investment and 250 planned franchise locations, MSM Unify is creating India's largest student recruitment ecosystem, ensuring every .

Power-saving optical chip tech will need to wait for wider use: Nvidia CEO

Huang said that he was focused on providing a reliable product roadmap that Nvidia's customers, such as OpenAI and Oracle, could prepare for

Tech giants need to stop racing to build AI gods with uncertain benefits

The obsession with bigger is better has gone on long enough in Silicon Valley, as has the jostling between people like Musk and Altman to have the biggest AI model

'Secrecy around AI models limits innovation': Infosys co-founder Nilekani

Nilekani highlighted the need for high-quality datasets, especially in Indian languages, to support AI growth in India

IIT Bombay, Australia's Monash University develop sensor for toxic metals

The Indian Institute of Technology (IIT) Bombay on Friday said that its researchers, in collaboration with an Australian university, have developed a sensor to detect toxic metals in water cost-effectively and efficiently. In a bid to address heavy metal pollution, researchers from IIT Bombay and Monash University, Australia, with funding support from the Department of Biotechnology (DBT), have developed a sensor using a copper-based metal-organic framework (MOF) to detect toxic metals in water, the institute said in a statement. Heavy metals in water pose significant environmental and health concerns due to their potential toxicity, persistence, and bio-accumulative (ability to accumulate within living organisms) nature. Ingesting these metals can cause serious health problems, including damage to skin, bones, brain and other organs, especially in children. Efficient detection of these metals in water is crucial to ensure environmental safety and public health. According to the .

India's semiconductor industry can grow to $40 billion by 2030: IESA

The Indian semiconductor industry can grow to USD 40 billion by 2030 by promoting the ecosystem around supply chain, including chemicals and gases involved in the making of electronic chips, a senior official of industry body IESA said on Friday. Speaking at IESA Vision Summit, India Electronics and Semiconductor Association (IESA) President Ashok Chandak said India needs to learn from the global centers of semiconductors as it is a very complex technology. "Any chip making touches at least more than 10 countries. It is very complicated. If we have to make semiconductor manufacturing successful in India, we have to take care of the supply chain that includes gases, the chemicals, materials, and most of the supply chain has to happen with the plants that are going to manufacture semiconductors," Chandak said. He said that in 2022, IESA had released a report on tha groundwork that needs to be done from the semiconductor ecosystem and it has now released a report which details out all