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Amaravati to host drone summit this month
YourStory
·
9m ago
Medial
The civil aviation ministry and the Andhra Pradesh government have announced a two-day drone summit in Amaravati on October 22. The summit will bring together drone companies, foreign entities, and other stakeholders. Additionally, there will be a drone show featuring over 5,000 drones. More than 1,000 delegates have registered for the summit so far. The government is also working on a new Production-Linked Incentive (PLI) scheme for the drone sector, with input being sought from stakeholders. The previous PLI scheme for drones, introduced in 2021 with a budget of Rs 120 crore for three years, has ended.
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Quantum computing centre to begin operations in Amaravati by early 2026: CM Naidu - The Economic Times
Economic Times
·
1m ago
Medial
Andhra Pradesh Chief Minister N Chandrababu Naidu announced that a quantum computing centre will commence operations in Amaravati by January 1, 2026. Speaking at the Amaravati Quantum Valley Workshop, Naidu highlighted the significance of quantum computing, emphasizing the development of a robust ecosystem and identifying use cases. The initiative aims to transform Amaravati into South Asia's first quantum valley, advancing the state’s technological landscape with support from the Government of India and international experts.
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Donald Trump to host crypto summit at White House on March 7
Economic Times
·
5m ago
Medial
US President Donald Trump is set to host a cryptocurrency summit at the White House on March 7. The event will feature remarks by Trump and include CEOs, investors, and notable figures from the cryptocurrency industry. This gathering signals heightened attention on the crypto market from political leadership, aiming to discuss its growth, regulation, and potential impacts on the economy. The summit seeks to bridge the gap between policymakers and the rapidly evolving crypto sector.
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Meta, Google quit tech summit over organiser's Israel remarks
Economic Times
·
1y ago
Medial
Meta and Google withdrew from the Web Summit after the event's organizer criticized Israel's actions following Hamas attacks. This follows other companies and tech figures, including Intel, Siemens, and Amy Poehler, boycotting the event. The Web Summit will host startups and attendees from November 13-16 in Lisbon. The boycott was initiated by Garry Tan of Y-Combinator, and it follows the organizer's criticism of Western leaders and governments' responses to the conflict. The organizer, Paddy Cosgrave, later issued an apology for his remarks.
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New Delhi to host global AI summit in December this year
Economic Times
·
1y ago
Medial
The national capital, New Delhi, will host the Global Partnership on Artificial Intelligence (GPAI) summit in December this year. The summit will feature participation from all member countries, according to the Ministry of Electronics and Information Technology. The CEO of Digital India Corporation highlighted the importance of a delicate balance between innovation and regulation in the AI field. The announcement follows the selection of Indian think tank iSPIRT by the UN Secretary-General for representation in the UN AI Advisory Body, with the objective of addressing AI risks and challenges.
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India played pivotal role in shaping Paris AI summit leaders' statement: Union Minister Ashwini Vaishnaw
Economic Times
·
5m ago
Medial
India played a crucial role in the AI Action Summit in Paris, co-chaired by PM Narendra Modi. Union IT Minister Ashwini Vaishnaw highlighted India's strategic advantages in IT, talent, and innovation, positioning it uniquely in the global AI sphere. The summit's leaders' statement emphasized AI infrastructure access, responsible use, diversity, and governance. India is enabling access to AI infrastructure for startups and academia, and is set to host the next AI Summit, asserting its leadership in AI governance.
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UP Govt Aims To Integrate AI In Farming, Bolster Agritech Startups
Inc42
·
1y ago
Medial
The state government of Uttar Pradesh in India is planning to host a farming summit called 'Krishi Bharat' in November. The summit aims to boost investment in local agritech startups and integrate artificial intelligence (AI) into farming practices. Global venture capitalists will be invited to participate, with a goal of spurring investments in the domestic agriculture value chain. India's agritech startups are projected to have a total market opportunity of $24 billion by 2025, according to a report by EY.
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After UK, India summit to pave the way for global framework on AI risks: Rajeev Chandrasekhar
Economic Times
·
1y ago
Medial
India is set to host the Global Partnership on Artificial Intelligence (GPAI) summit in December, where world leaders will discuss the risks associated with AI before reaching a global framework in South Korea next year. Rajeev Chandrasekhar, Minister of State for Electronics and IT, emphasized the need for collaboration among countries to mitigate potential risks and ensure safe and trusted platforms for innovation. The summit will bring together AI experts, multilateral organizations, and stakeholders from 28 GPAI member countries and the European Union.
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Drone Destination Unveils ‘Drone Hub’ To Boost India’s Drone Space
Inc42
·
11m ago
Medial
Drone startup Drone Destination has launched 'Drone Hub', an e-commerce platform offering a wide range of drone-related products. This initiative, under the '#EverythingDrones' campaign, aims to address supply chain challenges in India's growing drone industry. The platform provides drones, drone parts, consumables, avionics, and BIS-approved drone batteries. With this launch, Drone Destination seeks to offer timely supply chain support and efficient after-sales service to India's drone ecosystem.
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AI, online gaming can add up to $300 billion to India's GDP by 2026-27: Rajeev Chandrasekhar
Economic Times
·
1y ago
Medial
According to Union Minister Rajeev Chandrasekhar, the artificial intelligence (AI) and online gaming sectors have the potential to contribute up to $300 billion to India's GDP by 2026-27. The government plans to host a global summit called 'India AI-2023' on December 10 as part of its efforts to promote AI. Chandrasekhar also mentioned that the government aims to achieve a $1 trillion digital economy as part of the $5 trillion GDP target.
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Web summit kicks off in Lisbon as tech leaders weigh Trump's return
Economic Times
·
9m ago
Medial
Lisbon will host the Web Summit this week, where discussions will take place on topics such as artificial intelligence, social media regulation, and the potential impact of a second Trump presidency. Companies like Apple, Microsoft, and Meta will join European officials to debate these issues. Two Ukrainian government officials will also speak at the event to discuss Ukraine's innovation during times of conflict. Elon Musk is another topic of discussion, particularly in relation to his role in Ukraine and his influence on social media. The EU's efforts to regulate online platforms may be affected by Trump's re-election.
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