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News on Medial
Symbiosis launches India’s first AI institute within the University
YourStory
·
3m ago
Medial
Symbiosis International (Deemed University) has launched the Symbiosis Artificial Intelligence Institute (SAII), touted as India’s first AI-focused institute within an existing university. Starting July 2025, it will offer undergraduate programs—the Bachelor of Science in Artificial Intelligence and the Bachelor of Business Administration in Artificial Intelligence. These aim to integrate AI instruction with sector-specific applications, aligning education with emerging industry demands. This initiative is part of a broader trend in AI education within Indian universities.
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Plaksha University launches Binny Bansal Institute for Inventing the Future
Entrackr
·
4m ago
Medial
Plaksha University, a technology university for higher education and research in India, has launched the Binny Bansal Institute for Inventing the Future (IIF). Binny Bansal, founder of Flipkart and xto10x, has given a startup funding of Rs 70 crore ($8 million) to set up IIF. The institute aims to solve real-world problems using advanced technologies like Artificial Intelligence (AI), blockchain, and robotics. IIF will focus on sectors such as healthcare, agriculture, clean energy, and environmental sustainability. It plans to turn research into practical solutions, promote AI talent in India, and encourage partnerships between universities and companies to bring ideas to the market. IIF has collaborated with the University of California, Berkeley. The partnership will enable joint research, student and faculty exchanges, and shared learning. Binny Bansal said the institute reflects his belief in using technology to improve lives. Prof. Shankar Sastry, Founding Chancellor of Plaksha and professor at UC Berkeley, said IIF is a big step in making India a leader in deep-tech innovation. Plaksha University, supported by global tech and business leaders, aims to change the way technology education and research are done in India by encouraging hands-on learning, interdisciplinary study, and innovation.
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Krutrim Secures ₹2,000 Crore Funding and Launches 7 Innovative AI Models
Twitter
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6m ago
Medial
Ola founder Bhavish Aggarwal announced the launch of the Krutrim AI Lab, aimed at advancing artificial intelligence in India. The lab introduces several open-source models, including Krutrim 2, India’s enhanced large language model, and Chitrarth 1, the first vision language model. Aggarwal emphasized the importance of catering to Indian languages and cultural contexts. Additionally, he revealed a ₹2,000 crore investment in Krutrim, with a commitment of ₹10,000 crore by next year. The initiative also includes the deployment of India’s first GB200 supercomputer in partnership with NVIDIA, set to be operational by March.
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Elon Musk's Neuralink implants brain chip in first human.
Economic Times
·
1y ago
Medial
Elon Musk's Neuralink has successfully implanted a brain chip in a human for the first time. This breakthrough technology aims to merge human brains with artificial intelligence to enhance cognitive abilities. The chip, called the "Link," was implanted in the brain of a pig initially, and now in a human subject for testing purposes. The long-term vision of Neuralink is to enable people with neurological disorders to regain normal brain functions and eventually achieve symbiosis with AI.
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Shiprocket launches multimodal AI model Shunya.ai - The Economic Times
Economic Times
·
28d ago
Medial
Shiprocket has launched Shunya.ai, a multimodal AI platform designed for MSMEs and D2C businesses in India. Supporting multiple Indian languages, Shunya.ai aims to enhance cataloging, marketing, and customer service, targeting over 100,000 MSMEs in its first year. By embedding the platform in Shiprocket's seller panel, users experience increased automation and efficiency. With India’s D2C market projected to reach $100 billion by 2025, Shunya.ai promises significant time and cost savings for businesses.
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Five global varsities to set up campuses in Navi Mumbai
Economic Times
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1m ago
Medial
The Maharashtra government has partnered with five foreign universities to establish campuses in Navi Mumbai, aiming to transform it into a global education hub. Aberdeen University, University of York, University of Western Australia, Illinois Institute of Technology, and Istituto Europeo di Design are involved. This initiative seeks to provide accessible and affordable education options for local students, offering a cost-effective alternative to studying abroad. The 250-acre campus will cater to students unable to pursue overseas education.
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247VC launches Rs 200 Cr fund
Entrackr
·
2m ago
Medial
Venture capital firm 247VC has rolled out its first investment fund focused on early-stage startups in India. The fund has a base size of Rs 200 crore, with the option to raise an additional Rs 50 crore. It is registered under SEBI’s Category II AIF rules. 247VC is led by Yagnesh Sanghrajka and Shashank Randev, both experienced startup investors who earlier co-founded 100X.VC. They left that firm in late 2024. 247VC plans to support around 30 companies over the next three years. The typical investment amount will be about Rs 7 crore per startup, starting from Rs 3-4 crore and increasing over time based on performance. The fund will target consumer-facing businesses, enterprise software, advanced manufacturing, and deep technology. Some of the fund’s early backers include JSW Ventures’ Sachin Tagra, former Elevation Capital partner Vivek Mathur, and AI expert Shailendra Majmundar from Johns Hopkins University. The team aims to complete the first close of the fund within four months. Sanghrajka said that while funding at the early stage is facing headwinds, larger investors entering seed rounds has opened doors for partnerships. The firm hopes to co-invest with bigger funds as part of its strategy. In the past, the founding team has backed startups like Knight Fintech, abCoffee, EMO Energy, and Zeron.
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5 Professors, 2 PhD Scholars, 15 Years: Inside Agnit’s Moonshot To Secure India’s Defence Systems From IISc Campus
OutlookIndia
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1m ago
Medial
In 2006, a collaboration at the Indian Institute of Science led to the creation of Agnit Semiconductors, India's first startup dedicated to Gallium Nitride (GaN) technology. Agnit focuses on GaN’s transformative capabilities for high-power applications like defense and telecommunications. Despite challenges, it owns both design and manufacturing IP, aligning with India’s strategic technology goals. Boosted by government initiatives like iDEX, Agnit aims to enhance India's semiconductor capabilities and lead globally.
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Nvidia launches AI-powered playground for building the future of 6G
Livemint
·
1y ago
Medial
Nvidia has introduced an AI-powered software platform that enables 6G technology research through cloud-based communication environment simulations. The successor to 5G, 6G is expected to be commercially available by 2030. Nvidia's platform includes an app that lets researchers and organizations test 6G networks in real-time by simulating various environments, from single cell towers to entire cities. Ansys, Nokia, Samsung, SoftBank Corp, and Northeastern University are among the first adopters of the platform. This announcement caused a rise in technology shares, while telecom sector shares slumped.
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Minus Zero launches autopilot system designed for Indian traffic condition
YourStory
·
2m ago
Medial
Minus Zero, a Bengaluru-based deeptech startup, has developed India’s first end-to-end autopilot system tailored for the country’s complex urban traffic. Utilizing vision-based technology and self-supervised AI, the system navigates without high-definition maps or rule-based algorithms, proving effective in unpredictable conditions like stray animals and narrow roads. Unlike traditional systems, it minimizes hardware requirements, is map-independent, and adapts to new environments. Minus Zero is collaborating with large OEMs and Indian automakers to advance its applications.
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upGrad enters the Pacific region, sets up Institute of Medical Sciences in Vanuatu
Money Control
·
2y ago
Medial
Edtech platform UpGrad has made its entry into the Pacific region by establishing the Institute of Medical Sciences in Vanuatu. The institute aims to provide quality medical education and training to students in the region. UpGrad's expansion into the Pacific reflects its commitment to extending educational opportunities and bridging the skill gap in the healthcare sector in this part of the world. The company also earmarked $10 million to launch the university.
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