Tag: AI India
ASML to Cut Around 1,700 Jobs in AI‑Driven Reorganisation
ASML, the Dutch semiconductor‑equipment giant that holds a near‑monopoly on advanced lithography tools used to manufacture cutting‑edge chips, is planning to cut roughly 1,700 jobs, or about 4 per cent of its 44,000‑person workforce. The move was announced in January alongside the company’s record full‑year revenue of €32.7 billion and signals a major internal reorganisation aimed at streamlining operations even as demand for advanced...
MeitY Proposes Continuous Labelling for AI‑Generated Content
The Ministry of Electronics and Information Technology (MeitY) has proposed that all content generated with the help of artificial intelligence carry a continuous and clearly visible label alerting users that the material has been synthetically created. The draft amendment to the Information Technology Rules (Intermediary Guidelines and Digital Media Ethics Code), 2021 requires that the labelling must remain on display for the entire duration...
IBM and Maharashtra Launch AI Hubs
The Government of Maharashtra has entered a landmark partnership with IBM Technology (India) to transform public service delivery and technical education through artificial intelligence...
₹10,000 Cr Fund to Focus on AI and Tech Startups
The Indian government is gearing up to significantly scale its support for emerging technology sectors through a new ₹10,000 crore Fund of Funds Scheme...
Deep Tech Demands More Than Startups: Bikhchandani
Tech entrepreneur and InfoEdge founder Sanjeev Bikhchandani weighed in on the ongoing debate over India’s startup ecosystem, asserting that the onus of building deep...
ChatGPT Soars in India, But Revenue Trails
India has become ChatGPT’s fastest-growing market, but despite this remarkable uptake, OpenAI is struggling to turn engagement into revenue. According to a new report...
