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Sundar Pichai announces $120 million 'Global AI Opportunity Fund'
Economic Times
·
10m ago
Medial
Google CEO Sundar Pichai announced a $120 million 'Global AI Opportunity Fund' at the UN Summit of the Future. The initiative aims to provide AI education and training in local languages through partnerships with nonprofits and NGOs. Pichai highlighted the impact of technology in his own life, emphasizing the importance of access and the transformative potential of AI. Google has been investing in AI research and has made significant progress, including adding 110 new languages to Google Translate. Pichai stressed the responsible development and use of AI, guided by Google's AI Principles.
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Alphabet CEO Sundar Pichai reaffirms planned $75 billion capital spending in 2025
Economic Times
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4m ago
Medial
Alphabet CEO Sundar Pichai reaffirmed plans to invest $75 billion in 2025 to enhance data center capacity, focusing on generative AI developments. Despite an unclear payoff and potential cost increases from global trade tensions, the investment aims to improve core services like Search and support AI innovations such as the Gemini model. This substantial commitment reflects the vast opportunity AI presents, though investors are eager for greater returns on these massive expenditures.
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Google CEO Sundar Pichai says China's DeepSeek has done very good work
Economic Times
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5m ago
Medial
Alphabet CEO Sundar Pichai praised Chinese startup DeepSeek for its commendable work, highlighting the global nature of artificial intelligence. Speaking at the World Governments Summit in Dubai, Pichai expressed confidence that Alphabet would remain a leading entity in the AI sector while acknowledging that other players would also make significant contributions. This underscores the collaborative and competitive landscape of the AI industry worldwide.
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PM Modi, CEO Sundar Pichai discuss Google's plans of participating in country's manufacturing ecosystem
Economic Times
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1y ago
Medial
Prime Minister Narendra Modi virtually interacted with Sundar Pichai, CEO of Alphabet and Google, discussing Google's plans to participate in India's electronics manufacturing ecosystem. Pichai informed PM Modi about Google's partnership with HP to manufacture Chromebooks in India and its efforts to make AI tools available in Indian languages. Additionally, Pichai shared plans to improve financial inclusion in India through the unified payments interface (UPI) and the upcoming opening of a global fintech operations center in Gujarat. PM Modi invited Google to contribute to the Global Partnership on AI Summit in December 2023.
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Pichai sees platform shift as AI brings tech research to life
Economic Times
·
2m ago
Medial
Google CEO Sundar Pichai highlights a significant platform shift attributed to artificial intelligence (AI), allowing global access to extensive research. Google is rapidly advancing AI models and features, witnessing over 10% growth in search queries. The company is investing $75 billion in AI data centers, competing with Microsoft and OpenAI in the AI race. Google aims to integrate AI across its products, with its Gemini app having 400 million active users and AI overviews reaching 1.5 billion users.
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India well positioned to leap ahead of developed worlds with AI: Sundar Pichai
Livemint
·
1y ago
Medial
India has the potential to shape the future of artificial intelligence (AI) and influence global AI development, according to Sundar Pichai, CEO of Google and Alphabet. He believes that technology shifts are opportunities for emerging countries like India to catch up and leap ahead. Pichai also acknowledged India's significant user base for Google products and pledged to bring AI tools to the country. He stressed the importance of addressing deepfakes and misinformation, stating that Google has made election integrity a top priority. Pichai also emphasized the need for diverse perspectives and involvement in AI development beyond just engineers.
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Google CEO Sundar Pichai Commends PM Modi's Vision for India's Tech Future
Business Bytes
·
1y ago
Medial
Google CEO Sundar Pichai praised Indian Prime Minister Narendra Modi's vision for India's technology future during a recent meeting. They discussed boosting India's electronics manufacturing sector, improving accessibility to AI in Indian languages, and establishing a fintech operations center in Gujarat. Pichai emphasized Google's commitment to financial inclusion and invited the company to participate in the Global Partnership on AI Summit hosted by India. The meeting highlights the importance of public-private partnerships in driving technological innovation and economic growth.
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Pantomath’s Bharat Value Fund raises $120 mn for mid-market deals
VCCircle
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1y ago
Medial
Pantomath Capital Management's India Inflection Opportunity Trust has launched its second Category-II alternative investment fund, the Bharat Value Fund, with a target corpus of around $240 million. The fund aims to support mid-market companies in the core economy segment that promote the "Made in India" ethos. It has already secured commitments of over $120 million in the first close. The fund will focus on pre-IPO investment opportunities and is supported by sovereign funds, global investment firms, and Indian family offices. Pantomath's assets under management have now exceeded $250 million.
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Sundar Pichai answers who would be next Google CEO
Economic Times
·
2m ago
Medial
Google CEO Sundar Pichai emphasized the critical role of artificial intelligence in the company's future leadership during the Bloomberg Tech Conference. Pichai believes future Google leaders will benefit from advanced AI companions. While AI enhances productivity by handling mundane tasks, Pichai stressed the continued importance of human engineers, anticipating continued hiring through 2026. He acknowledged AI's limitations, like making basic mistakes, highlighting the necessity for human oversight to harness technology beneficially.
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Started with only Rs 1700, IITian and tech titan Nikesh Arora rose to outearn Mark Zuckerberg and Sundar Pichai
Economic Times
·
1m ago
Medial
Nikesh Arora, CEO of Palo Alto Networks, surpassed tech leaders like Mark Zuckerberg and Sundar Pichai, earning $151.43 million in 2023. Raised in a modest household in Ghaziabad, India, Arora faced over 400 rejections before achieving success. His career includes pivotal roles at Fidelity Investments, Google, and SoftBank. At Palo Alto Networks, he drove growth from $18 billion to over $100 billion, emphasizing innovation, cloud security, and AI. Arora advocates for applying global technologies to local contexts.
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HP plans retail expansion, affordable subscription models in India
Economic Times
·
1y ago
Medial
HP is seeking to expand its presence in tier-2 and tier-3 towns in India to reach small businesses, first-time PC users, students, and those who haven't had access to laptops. The company's India MD, Ipsita Dasgupta, announced plans at the HP Amplify Partner Conference 2024 in Las Vegas, including the development of subscription models for rural areas, emphasizing device affordability. HP's global president, Enrique Lores, highlighted India's growing economy and the opportunity to bring technology to an additional two billion customers. Microsoft CEO Satya Nadella and Google CEO Sundar Pichai also attended virtually, discussing topics like AI and the future of computing.
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