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AI, semiconductors, quantum: Modi-Trump talks deepen tech ties

Economic Times

Economic Times · 5m ago

AI, semiconductors, quantum: Modi-Trump talks deepen tech ties

Prime Minister Narendra Modi and US President Donald Trump have committed to enhancing technological collaboration between India and the US. They aim to jointly develop artificial intelligence, semiconductors, quantum computing, and biotechnology. The launch of the US-India TRUST initiative seeks to strengthen ties across governments, academia, and the private sector. This partnership focuses on fostering advancements in defence, AI, and energy while ensuring reliance on trusted vendors and safeguarding sensitive technologies.

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Modi-Trump dialogue explores India-US collaboration in emerging technologies

YourStory

YourStory · 5m ago

Modi-Trump dialogue explores India-US collaboration in emerging technologies

Prime Minister Narendra Modi and US President Donald Trump discussed enhancing collaboration in artificial intelligence and emerging technologies. They launched the US-India TRUST initiative to promote tech ties, focusing on defense, AI, semiconductors, and space. The INDUS Innovation bridge will foster industry and academic partnerships. Both nations aim to boost AI infrastructure and safeguard technology. Plans include bringing an Indian astronaut to the ISS and further space collaboration. The partnership enhances scientific research and addresses supply chain challenges.

India To Integrate UPI With Malaysia’s PayNet: PM Modi

Inc42 · 11m ago

India To Integrate UPI With Malaysia’s PayNet: PM Modi

Prime Minister Narendra Modi has announced the establishment of an India-Malaysia startup alliance to promote collaboration between tech companies in both countries. He also emphasized the need to enhance cooperation in sectors like semiconductors, fintech, defense, artificial intelligence (AI), and quantum computing. This announcement follows the recent agreement between India and Maldives to implement Unified Payments Interface (UPI) in the island nation.

PM Modi attends 'fruitful' tech CEOs roundtable in New York

Economic Times

Economic Times · 10m ago

PM Modi attends 'fruitful' tech CEOs roundtable in New York

Prime Minister Narendra Modi participated in a roundtable discussion with CEOs of leading American tech companies during his visit to New York. He highlighted India's growth prospects and discussed initiatives for bilateral collaborations across various sectors, including AI, quantum computing, and semiconductors. Modi emphasized India's commitment to becoming the third largest economy in the world and encouraged companies to take advantage of India's economic and technological growth. The CEOs expressed strong interest in investing and collaborating with India, acknowledging its innovation-friendly policies and market opportunities.

Trump tariffs power India's swadeshi drive

Economic Times

Economic Times · 5d ago

Trump tariffs power India's swadeshi drive

Amidst tariffs imposed by the US under President Trump, India braces for economic impact. Despite negotiations, tariffs remain due to unresolved issues, including India's market accessibility and geopolitical ties. In response, Prime Minister Modi encourages domestic consumption, aligning with the "Make in India" initiative. India's government pushes exporters to build local brands and explore innovative ways to support affected sectors, as they plan to continue trade talks with the US and address economic challenges.

Putin invites PM Modi as India seeks to broker Russia-Ukraine peace talks

Money Control

Money Control · 11m ago

Putin invites PM Modi as India seeks to broker Russia-Ukraine peace talks

Russian President Vladimir Putin has invited Indian Prime Minister Narendra Modi for bilateral talks on the sidelines of the BRICS summit in October. The invitation is notable as India is reportedly playing a crucial role in brokering a peace deal between Ukraine and Russia. This comes after National Security Advisor Ajit Doval held talks with his Russian counterpart in St. Petersburg and discussed issues of mutual interest. A meeting between Modi and Putin would focus on strengthening bilateral ties, regional and global issues, energy cooperation, trade, and defense collaboration. Both leaders have maintained a close relationship.

Google-parent Alphabet hits record high after Trump taps Andrew Ferguson as FTC chair

Economic Times

Economic Times · 8m ago

Google-parent Alphabet hits record high after Trump taps Andrew Ferguson as FTC chair

Alphabet's stock reached a record high as President-elect Donald Trump nominated Federal Trade Commissioner Andrew Ferguson to lead the consumer protection and antitrust agency. Ferguson is expected to take a less aggressive stance on antitrust enforcement compared to his predecessor, leading to speculation that the antitrust case against Alphabet will come to an end. Tesla also saw a rally in its shares due to bets that the electric vehicle company will benefit from its CEO Elon Musk's close ties with Trump. Additionally, Alphabet made headlines with the release of its new AI model and quantum computing breakthrough, solidifying its position at the forefront of transformative technologies.

“Deep tech has widened, there are newer areas for us to build”: Arjun Rao

Economic Times

Economic Times · 11m ago

“Deep tech has widened, there are newer areas for us to build”: Arjun Rao

Speciale Invest, a Chennai-based venture capital firm, focuses on investing in deep tech and space start-ups. The firm has adapted its investment approach as the definition of deep tech has evolved, encompassing areas like life sciences, biotechnology, semiconductors, and quantum computing. Speciale Invest is particularly interested in drug development, synthetic biology, industrial carbon capture, and quantum applications. As some of the companies it has invested in move into the monetization stage, the firm emphasizes supporting their growth, organizational structures, and access to capital. Speciale Invest may consider launching a third fund in 2025.

Huawei founder waves off US chip curbs while trade talks proceed

Economic Times

Economic Times · 2m ago

Huawei founder waves off US chip curbs while trade talks proceed

Huawei founder Ren Zhengfei claims US tech export restrictions have minimal impact on China's chip sector, as domestic firms innovate with chip packaging and open-source AI development. The statement coincides with US-China trade talks focused on tech shipments and export controls. US Commerce Secretary highlights these controls limiting China's semiconductor progress. Despite restrictions, Huawei has advanced in semiconductors, AI, and EVs, stressing its independence from Beijing amidst ongoing tensions over its operations.

ETtech Explainer: Microsoft’s ‘new state of matter’ chips offer a quantum leap in tech

Economic Times

Economic Times · 5m ago

ETtech Explainer: Microsoft’s ‘new state of matter’ chips offer a quantum leap in tech

Microsoft revealed Majorana 1, the first quantum processor using topoconductors instead of semiconductors, signifying a new state of matter. This quantum leap promises million-qubit processing speeds soon, surpassing Google's 105-qubit Willow chip. Quantum computing, leveraging qubits' ability to exist in multiple states simultaneously, offers immense computational power but faces challenges like qubit stability. Microsoft's innovation with Majorana 1, utilizing stable topoconductors, marks significant advancement towards practical quantum computing applications in various fields.

Modi, Putin vow to deepen ties defying Trump tariffs

Livemint

Livemint · 19h ago

Modi, Putin vow to deepen ties defying Trump tariffs

Indian Prime Minister Narendra Modi and Russian President Vladimir Putin have pledged to strengthen bilateral ties despite facing increased tariffs from the U.S. under President Donald Trump. This commitment was made during a recent phone conversation between the two leaders. The U.S. imposed an additional 25% tariff on Indian goods, accusing India of purchasing crude oil from Russia. The leaders intend to enhance cooperation irrespective of these international trade tensions.

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