Tag: AI ecosystem
Sarvam AI Startup Programme Fuels Indic AI Builders
Sarvam AI has introduced the Sarvam Startup Programme, providing early-stage companies with up to 12 months of API credits, priority engineering support and production-ready infrastructure to build multilingual AI applications without backend complexities. Founders Vivek Raghavan and Pratyush Kumar positioned the initiative to empower India’s developer ecosystem with high-quality models fluent in 22+ Indian languages and English, enabling full agency in creating voice agents,...
Oracle Layoffs Fund AI Data Centre Push Amid Cash Squeeze
Oracle is planning thousands of job cuts across divisions as it grapples with a cash crunch from aggressive AI data centre buildout to support major clients including a $300 billion OpenAI agreement, xAI and Meta, as Bloomberg News first reported. The reductions, potentially broader than typical rolling cuts, may begin this month and target roles expected to diminish under AI automation, coinciding with an...
Elon Musk’s xAI Nears $20B Funding Round Backed by Nvidia
Elon Musk’s xAI is reportedly close to securing a $20 billion funding round, including a major equity investment from Nvidia, as it scales up...
Vaishnaw Announces Hosting of DeepSeek AI on Indian Servers
Union IT Minister Ashwini Vaishnaw announced on Thursday that DeepSeek, the popular Chinese open-source AI model, will soon be hosted on Indian servers. The...