India’s tech landscape is about to get a major boost. Bhavish Aggarwal, the visionary behind Ola, has launched an ambitious new AI venture called Krutrim, and it’s making waves with some big moves. Krutrim has partnered with Lenovo to build what is set to be India’s largest supercomputer—an advanced computing powerhouse aimed at revolutionizing the country’s position in the global AI…
Ola’s Bhavish Aggarwal Invests Rs 2,000 Crore in Krutrim AI—India’s First AI Unicorn!
Bhavish Aggarwal, the visionary behind Ola Electric and ride-hailing giant Ola, has made a bold move by investing Rs 2,000 crore (around $230 million) into Krutrim, India’s first AI unicorn. But that’s not all—he’s also committing to an additional Rs 10,000 crore investment next year, setting the…
Bitcoin’s (BTC) recent attempt to break the $100,000 mark has faced a significant pause, with the price remaining locked between $90,000 and $100,000 for the third week running. Despite a brief spike to six figures on Dec. 5, the breakout seems to have lost steam, leaving traders wondering what’s holding back further upward momentum. The answer, according to experts, lies in two key factors…
Poolside, the innovative AI-powered coding platform, has just raised a staggering $500 million in a Series B funding round, bringing its total capital to an impressive $626 million and elevating its valuation to $3 billion. Led by Bain Capital Ventures, this funding round also saw contributions from tech giants like eBay through eBay Ventures and Nvidia, marking a significant milestone for the…
India is gearing up to fabricate its very first semiconductor chip in just two years, according to Commerce Minister Piyush Goyal. This ambitious move comes as major U.S. chipmakers like Nvidia, AMD, and Micron plan to expand their operations in the country.
A Semiconductor Revolution
During a recent interview with CNBC in New York, Goyal emphasized the growing interest in India’s semiconductor…
Nvidia CEO Jensen Huang has voiced strong support for nuclear energy as a critical solution for powering AI data centers, which are projected to consume as much electricity as a small country within the next three years. By 2027, the energy requirements for AI could rival the total electricity consumption of Sweden or the Netherlands.
In an interview with Bloomberg, Huang emphasized the need for a…
Mark Zuckerberg’s fortune has skyrocketed by approximately $70 billion this year, bringing his net worth to $198 billion, as reported by the Bloomberg Billionaires Index. This substantial increase marks a leap from $128 billion at the start of the year.
Zuckerberg now holds the third position on the global rich list, surpassing LVMH CEO Bernard Arnault, who is valued at $183 billion, and…
In the rapidly evolving technological landscape, artificial intelligence (AI) has emerged as a game-changer, influencing every aspect of the industry. Amidst this AI revolution, Nvidia Corporation has risen from a niche graphics processing unit (GPU) manufacturer to a global technology powerhouse. In June 2024, Nvidia briefly surpassed Microsoft to become the most valuable company in the world—a…
Leading technology companies from around the globe are vying for a substantial slice of India’s ambitious AI mission, with interest now focused on a Rs 10,000 crore tender for graphics processing units (GPUs). The tender, central to the Indian government’s broader Artificial Intelligence (AI) initiative, has attracted attention from major players including Nvidia, Intel, AMD, Qualcomm…
In a decision that now appears prescient in hindsight, Intel, once a leading force in the computer industry, opted against investing in OpenAI, a move that has contributed to the chip giant’s struggle to stay relevant in the rapidly evolving AI sector. The choice not to back OpenAI has had significant repercussions, especially as the field of artificial intelligence has surged forward, fueled by…
