Articles for tag: Aims, Boost, Capacity, compute, Crore, Funding, Indias, Innovation, Mission, Partnerships, publicprivate

Market News

India’s AI mission, with Rs 10,372 crore funding, aims to boost compute capacity through public-private partnerships for innovation.

India’s AI mission, with Rs 10,372 crore funding, aims to boost compute capacity through public-private partnerships for innovation.

India’s government is set to enhance its artificial intelligence (AI) capabilities with the India AI mission, which has a budget of Rs 10,372 crores. A significant portion, over Rs 4,500 crores, will focus on increasing “compute capacity” through potential viability gap funding. During a Deloitte India event, Electronics and IT Secretary S Krishnan announced plans ...

Market News

Bluecopa, an AI-driven finance automation platform, raises .8 million for expansion and innovation in financial operations solutions.

Bluecopa, an AI-driven finance automation platform, raises $1.8 million for expansion and innovation in financial operations solutions.

Bluecopa, an AI-powered finance operations automation platform founded in 2021, has successfully raised $1.8 million in a pre-Series A funding round. This investment, led by Blume Ventures, Dallas Venture Capital, and Venture Catalysts, aims to help Bluecopa expand its Market presence, enhance its AI features, and further develop its products. The company specializes in providing ...

Market News

Modi’s Grand Show: Semicon India 2024 in Noida Sparks Traffic Chaos—Is Innovation Worth the Commute?

Prime Minister Narendra Modi is set to inaugurate Semicon India 2024 at the India Expo Mart in Greater Noida on September 11. The event, lasting three days, focuses on the semiconductor ecosystem. In anticipation of the high-profile visit, the Noida Traffic Police have issued a traffic advisory to manage expected disruptions. Drivers are advised to ...

Market News

Tata Electronics partners with ASMPT to revolutionize India’s semiconductor landscape, boosting innovation, training, and sustainability in Assam and Karnataka.

Tata Electronics partners with ASMPT to revolutionize India’s semiconductor landscape, boosting innovation, training, and sustainability in Assam and Karnataka.

Tata Electronics has partnered with ASMPT Singapore to enhance semiconductor assembly and packaging in India, focusing on facilities in Assam and Karnataka. This collaboration includes workforce training, improving service engineering, and advancing research in semiconductor technologies. Tata Electronics is investing Rs 27,000 crore in a chip assembly plant in Assam, set to begin operations next ...

Market News

Apple’s iPhone 16 heralds a new AI era, aiming to reclaim innovation as it competes fiercely against rivals in the tech revolution.

Apple’s iPhone 16 heralds a new AI era, aiming to reclaim innovation as it competes fiercely against rivals in the tech revolution.

Apple is set to unveil the iPhone 16, marking a significant shift towards artificial intelligence. This new model aims to enhance features like Siri and create customized emojis in real-time, positioning Apple as a key player in the consumer AI landscape. The launch event, scheduled for Monday in California, is generating excitement as the iPhone ...

Market News

Odisha CM Majhi inaugurates India’s first silicon carbide facility, promising economic growth, innovation, and over 500 new jobs.

Odisha CM Majhi inaugurates India’s first silicon carbide facility, promising economic growth, innovation, and over 500 new jobs.

Odisha Chief Minister Mohan Charan Majhi recently attended the groundbreaking ceremony for India’s first silicon carbide manufacturing facility in Odisha, with an investment of Rs 620 crore. The project, developed by RIR Power Electronics Limited in Bhubaneswar’s EMC Park, aims to position Odisha as a leader in the global power electronics Market. The facility will ...

Market News

India’s Semiconductor Revolution: Kaynes Technology’s Mega Plant Sparks Innovation in Gujarat

India’s Semiconductor Revolution: Kaynes Technology’s Mega Plant Sparks Innovation in Gujarat

The Union Cabinet has approved Kaynes Technology’s new semiconductor facility in Sanand, Gujarat, marking India’s fifth under the Semiconductor Mission. With an investment of Rs 3,307 crore, this plant will produce 6.3 million chips daily and cover 46 acres. Union Minister Ashwini Vaishnaw highlighted that most chips will be used in power equipment for trains, ...

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