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News on Medial
The man shaping India’s AI dreams, and continuing chaos at Vodafone
Livemint
·
25d ago
Medial
This week's Mint newsletter features Abhishek Singh, a senior bureaucrat leading India's billion-dollar AI mission, aiming to establish India as a global AI leader. It also covers mid-sized IT firms strategizing against industry giants and the challenges faced by Vodafone Idea's new CEO, Abhijit Kishore, as he navigates the company's turnaround plan. The newsletter emphasizes India's potential to transition from a tech back-office to a frontrunner in technology innovation.
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Vodafone Idea takes AGR dues battle to Supreme Court
Inshorts
·
3m ago
Medial
Vodafone Idea has moved to the Supreme Court after the Indian government rejected its plea to waive over $5 billion in AGR dues. Facing massive liabilities and stiff competition, the telecom giant seeks relief to avoid collapse. The case’s outcome could reshape India’s telecom landscape and determine Vodafone Idea’s survival.
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India’s VC funding soars 69.7% to $883.2 million in Jan 2025
Inshorts
·
6m ago
Medial
India’s VC funding surged 69.7% year-on-year, reaching $883.2 million in January 2025. Deal volume also grew by 40.9%, highlighting investor confidence. While China saw a decline, India’s startup ecosystem thrived, driven by AI-led fintech, health tech, and edtech. Despite challenges, India is emerging as a top global VC destination, shaping the future of innovation.
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Nvidia's new B200 'Blackwell' unleashes next-gen AI for humanoid dreams
Livemint
·
1y ago
Medial
Nvidia has unveiled its latest AI chip, the B200 'Blackwell', at the GTC 2024 conference. The chip is aimed at accelerating AI workloads and extends the company's dominance in the AI computing market. It combines two large silicon squares, each with 208 billion transistors, into a single component. Nvidia CEO Jensen Huang stated that the chip is 30 times faster at some tasks than its predecessor. The chip is expected to be adopted by major tech companies for their cloud computing services and AI offerings. The specific pricing and performance details were not disclosed.
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The influencer in this Vodafone ad isn’t real
The Verge
·
3d ago
Medial
Vodafone is experimenting with generative AI to create an artificial presenter in its ads, reflecting AI's growing relevance in everyday life. Visible in a TikTok ad I saw in Germany, the presenter displayed AI tells such as unnatural hair movements and the uncanny valley of facial expressions. Vodafone confirmed the use of AI and plans to explore various advertising styles. This is part of a broader trend towards AI-generated influencers in advertising.
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Vodafone signs $1.5 billion Microsoft deal for AI, cloud and IoT
Economic Times
·
1y ago
Medial
Vodafone has signed a $1.5 billion deal with Microsoft for AI, cloud, and IoT services. The partnership aims to accelerate digital transformation, enhance customer experience, and improve operational efficiency. Vodafone will also benefit from Microsoft's expertise in data analytics and AI to develop new innovative services for its customers. This deal demonstrates the growing importance of technology partnerships in driving innovation and growth in the telecom industry.
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VIL, Ola Electric shares lead NSE volumes; BSE, MobiKwik, Tanla Platforms jump up to 15% on high turnover
Business Today
·
5m ago
Medial
Stocks with high trading volumes on the NSE included Vodafone Idea, Ola Electric, JP Power, YES Bank, Tata Steel, MobiKwik, and Suzlon. BSE led in turnover with Rs 1,378 crore. Other notable turnovers included MobiKwik, Zomato, Mazagon Dock, and Tata Steel. Price changes: Vodafone Idea at Rs 7.43, Ola Electric at Rs 54.50, JP Power at Rs 14.77, YES Bank at Rs 16.92, Tata Steel at Rs 158.25, MobiKwik at Rs 337.55, and Suzlon at Rs 56.85.
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Top tech executives, VCs push govt to build infra to realise AI dreams
Economic Times
·
2y ago
Medial
India aims to extend its outsourcing success to artificial intelligence (AI) innovation by investing in a common AI compute infrastructure. Currently, India has a significant gap in AI infrastructure compared to the US. For instance, India's largest cluster of graphics processing units (GPUs) is around 2,000-2,500, whereas the US has 20,000 or more. NVIDIA, a key player in AI technology, emphasizes the need for improved infrastructure to support AI growth, and experts suggest that the government should build a large-scale GPU cluster to facilitate AI development. This investment could leverage India's strengths in population-scale projects at a low cost.
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Nvidia's CEO is working hard to convince everyone that AI is safe, following the drama at OpenAI
Business Insider
·
1y ago
Medial
Nvidia CEO Jensen Huang is assuring the public that AI developers are in control and there is no need to worry about AI safety, following the chaos at OpenAI. Huang believes that the AI community will invent technologies, methods, and regulations to ensure the safety of AI. Nvidia, a dominant player in the AI field, has been instrumental in the AI revolution, providing high-powered chips to major AI developers. However, the company is facing challenges in China, where export restrictions and competition from Huawei are impacting its sales.
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Nokia, Ericsson to pick Rs 2,458 Cr stake in Vodafone Idea in lieu of dues
YourStory
·
1y ago
Medial
Vodafone Idea, a debt-ridden telecom operator, has approved the allocation of shares worth INR 2,458 crore to Nokia India and Ericsson India to settle their partial dues. The allotment of shares, priced at INR 14.80 per share, represents a 35% premium compared to the company's follow-on offer price. Nokia and Ericsson will contribute up to INR 1,520 crore and INR 938 crore, respectively, pending approval by Vodafone Idea shareholders. This move will help Vodafone Idea clear a portion of its outstanding debts to the vendors.
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Why Elon Musk’s robotaxi dreams are premature
Livemint
·
10m ago
Medial
Elon Musk's plan for Tesla's robot cars relies on end-to-end artificial intelligence (AI) where algorithms learn to drive safely by analyzing video footage from existing Teslas. However, this approach contrasts with competitors like Waymo, which break down the problem of self-driving into more distinct tasks with greater input from human engineers. While Musk's vision relies on AI technology reaching a higher level of sophistication, AI developers argue that it is still far from achieving that. Musk's optimism and vague promises have also raised skepticism about the feasibility of his plans.
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