Tag: IndiaAI

Customers Who Hand Their Accounts to AI Agents Bear the Risk, Says JPMorgan’s Dimon

JPMorgan Chase will not let outside AI agents access customer accounts and act for the customers, CEO Jamie Dimon said, CNBC reported. He gave the bank’s reasons on its third-quarter earnings call. The risks to the bank and its customers are too high, he said, as tech firms such as Meta release autonomous assistants. Dimon told analysts that the bank will not let just any...

AI Runs Hotter, a Navi Mumbai Data Centre Turns to Liquid Cooling

US-based Vertiv has deployed a direct-to-chip, high-density liquid cooling system at CapitaLand India Trust’s CLDC Mumbai 01 data centre. The facility is in Airoli, Navi Mumbai. The system will support 30 megawatts of AI workloads for a hyperscale customer. Vertiv built the system with CapitaLand India Trust (CLINT), using its secondary fluid network (SFN) technology. The critical digital infrastructure company says it is India’s first...
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IndiaAI CEO Warns IT Sector of AI Coding Disruption

India’s decades-long advantage in software services is at risk as AI-powered coding tools from OpenAI, Google, Anthropic and others rapidly increase in capability. Speaking...

MeitY Champions AI for Social Good at ESTIC 2025

The Ministry of Electronics and Information Technology (MeitY) has reiterated its commitment to harnessing artificial intelligence (AI) as a transformative force for social good,...

IndiaAI Unveils ₹2.5 Cr Face ID Challenge

IndiaAI, the independent business division under the Digital India Corporation (DIC) and the Ministry of Electronics & IT (MeitY), has launched the IndiaAI Face...

Google Subsidiary Plans ₹87,250 Cr AI Data Center in Vizag

In a major escalation of its India infrastructure ambitions, Raiden Infotech India Pvt. Ltd., a subsidiary of Google, has submitted a proposal to establish...

IndiaAI Announces 5 Projects to Strengthen Trusted AI Framework

India’s national AI mission has taken another major stride toward responsible and secure artificial intelligence with the IndiaAI Division approving five advanced research projects...

IT Minister Vaishnaw Switches to Zoho in Swadeshi Tech Push

Union Minister for Electronics and Information Technology, Ashwini Vaishnaw, announced on X (formerly Twitter) that he has shifted to Zoho, India’s leading homegrown software...

AI to Add $15.7 Trillion to Global GDP by 2030

Artificial Intelligence (AI) is on track to become a dominant force in the global economy, with a projected contribution of $15.7 trillion to global...

IndiaAI Begins GPU and Data Lab Rollout Nationwide

The IndiaAI Mission has begun deploying advanced GPU infrastructure and data labs across the country, marking a major milestone in India’s AI readiness journey....

MeitY Shortlists Startups for IndiaAI Mission Rollout

India’s Ministry of Electronics and Information Technology (MeitY) is moving swiftly under the ₹10,000 crore IndiaAI Mission, with Sarvam AI, Soket AI Labs, Gnani.ai,...

IndiaAI Mission Gets 200 Proposals for Local Foundation Models

India’s ambition to build its own large language models (LLMs) is rapidly gaining momentum, with close to 200 proposals submitted under the IndiaAI Mission....

India Plans AI Oversight Board for Governance

The Indian government is taking a structured approach to artificial intelligence (AI) governance by proposing an AI oversight board and mandating AI training for...

NxtGen Expands AI Team with 400 New Hires

NxtGen Cloud Technologies, a leading data centre and cloud services provider, has announced plans to hire 400 AI engineers in the coming months to...