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‘India tech talent powering SAP’s foundational AI model for business’

Economic Times

Economic Times · 1y ago

‘India tech talent powering SAP’s foundational AI model for business’

In an exclusive interview, SAP CEO Christian Klein stated that India is a key market for the company due to increasing geopolitical tensions and the resulting move of many of SAP's customers to India. The company is diversifying its business in India beyond professional services into manufacturing, retail, and utilities. Klein also highlighted India's advantage in talent, particularly in AI engineering, and the development of several AI products in India. SAP has strong partnerships with Indian IT services firms and is investing in sovereign cloud capabilities and data privacy in India. Currently, 30-40% of SAP's core products' code is influenced by AI tools, a figure expected to rise to 60-70% in the next few years.

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In the race toward AI, copper is the strategic edge the world overlooks

Economic Times

Economic Times · 16d ago

In the race toward AI, copper is the strategic edge the world overlooks

In the race toward AI advancement, copper emerges as a crucial yet overlooked component. While the tech world focuses on AI giants' growth, copper remains essential for powering data centers, electric vehicles, and renewable energy systems. With rising demand and limited supply, copper's strategic value increases, emphasizing the need for efficient access and recycling strategies. Investors are encouraged to recognize copper's foundational role in technology and energy sectors, offering sustainable opportunities amidst market volatility.

Singapore's GIC smells huge AI opportunity for India

Livemint

Livemint · 3m ago

Singapore's GIC smells huge AI opportunity for India

Singapore's GIC considers AI foundational to its investment strategy, focusing on India for its tech talent and digitization. CIO Bryan Yeo highlights their investment in AI adopters, particularly in Indian starters, and initiatives like the Bridge Forum to connect startups with global firms. Despite geopolitical uncertainties, GIC sees India’s potential in AI, emphasizing the importance of digitalization across sectors like finance and healthcare. GIC also uses AI to enhance internal decision-making processes.

Government to declare Round 2 beneficiaries of Rs 1,500 crore AI mission next week - The Economic Times

Economic Times

Economic Times · 2m ago

Government to declare Round 2 beneficiaries of Rs 1,500 crore AI mission next week - The Economic Times

The Indian government will soon announce the second round beneficiaries of the Rs 1,500 crore AI Mission, likely selecting companies such as Avataar.ai, TechMahindra, and Fractal Analytics. This initiative supports the development of AI foundational models in India. Fractal Analytics aims to create India's first large reasoning model, while BharatGen progresses with its bilingual model. Tech Mahindra's Indus Project features a multilingual AI model. The government also promotes affordable GPU compute access.

IT minister Ashwini Vaishnaw switches on IndiaAI compute portal offering 14000 GPUs

Economic Times

Economic Times · 8m ago

IT minister Ashwini Vaishnaw switches on IndiaAI compute portal offering 14000 GPUs

India has launched the IndiaAI Compute Portal, providing access to 14,000 GPUs for startups, researchers, and developers, with 4,000 more planned. The government examines 67 AI model applications, focusing on foundational models. Additional initiatives include the AI Kosha dataset platform, an AI Competency Framework, and 27 AI data labs. GPUs cost Rs 67 per hour. India aims to develop low-cost AI models and GPU chips, striving to be a top tech nation within five years.

Tech talent ‘wapsi’ may boost India’s AI, SaaS, deep-tech - The Economic Times

Economic Times

Economic Times · 1m ago

Tech talent ‘wapsi’ may boost India’s AI, SaaS, deep-tech - The Economic Times

The proposed $100,000 H-1B visa fee by the U.S. may lead to a significant return of Indian tech talent, boosting the local AI, SaaS, and deep tech sectors. This move could result in more U.S.-based Indian professionals and graduates building careers in India, transforming the country into a hub for innovation rather than just outsourcing. This talent influx might enable India to replicate the U.S. model of combining talent density with capital to create globally competitive companies.

ETtech Interview: India biggest user base; Perplexity plans local fund: CEO Aravind Srinivas - The Economic Times

Economic Times

Economic Times · 1m ago

ETtech Interview: India biggest user base; Perplexity plans local fund: CEO Aravind Srinivas - The Economic Times

Perplexity AI has become popular in India, now its largest market, thanks to a partnership with Airtel bundling Perplexity Pro. CEO Aravind Srinivas plans to launch a Perplexity fund to support Indian startups. Srinivas, engaging with Indian policymakers, advocates for developing a sovereign foundational AI model. Despite immigration challenges, Srinivas emphasizes Silicon Valley's meritocracy. He envisions Perplexity challenging tech giants like Google through innovation in search index technology and by building a significant presence in India.

India's sovereign AI model to be ready by February: Meity secretary - The Economic Times

Economic Times

Economic Times · 1m ago

India's sovereign AI model to be ready by February: Meity secretary - The Economic Times

India is set to unveil its sovereign AI model before the AI Impact Summit in February 2026. Electronics and IT Secretary S Krishnan highlighted rapid advancements in compute infrastructure, with 38,000 GPUs deployed, surpassing the initial target. The initiative focuses on building foundational and sector-specific AI models. The government supports 12 domestic firms, expecting two to develop foundational models by year-end, with the entire AI trained on Indian datasets and hosted on Indian servers.

IndiaAI Mission: Fractal, Tech Mahindra Among 8 New Players Picked To Build LLMs

Inc42 · 2m ago

IndiaAI Mission: Fractal, Tech Mahindra Among 8 New Players Picked To Build LLMs

Under the IndiaAI Mission, the Indian government has selected eight new entities to develop homegrown foundational large language models (LLMs). The chosen entities include Tech Mahindra, Fractal Analytics, Avataar AI, Zeinteiq Aitech Innovations, Genloop Intelligence, NeuroDX (Intellihealth), Shodh AI, and IIT Bombay’s BharatGen consortium. This initiative was announced by IT minister Ashwini Vaishnaw at the AI Impact Summit 2026, continuing the mission's earlier selection of three startups for AI model development.

Is automation growth widening India’s digital divide?

Inshorts · 6m ago

Is automation growth widening India’s digital divide?

Urban centres adopt automation faster, backed by better infra and talent. Rural areas lag, risking deeper inequality. Without rural inclusion through education, access, and localisation automation could worsen gaps. Equitable tech needs equitable rollout across geographies. Bridging this divide is not optional, it's foundational for inclusive progress.

AI Models Seeking Govt Funding Must Address Sector Specific Problems: MeitY's Abhishek Singh

OutlookIndia

OutlookIndia · 9m ago

AI Models Seeking Govt Funding Must Address Sector Specific Problems: MeitY's Abhishek Singh

The Indian government's IndiaAI Mission is inviting AI model proposals from startups, researchers, and entrepreneurs that tackle cross-sectoral problems. Abhishek Singh, Additional Secretary at the Ministry of Electronics & Information Technology, emphasized that models should be based on datasets trained in the Indian context. Proposals will be evaluated based on problem-solving approaches, sustainability, and must consolidate teams for final submissions. Intellectual property rights will remain with model developers, fostering an India-centric foundational AI model.

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