The Indian IT industry is expected to post better results in the fiscal year 2024-25 due to a favorable macroeconomic environment and accelerated adoption of Generative Artificial Intelligence (GenAI) globally. Indian service providers are likely to outperform, particularly in large-sized transformation deals. The consulting business is expected to grow at a normal rate, while more jobs will be created, with Indian talent in high demand. As a result, venture capitalists are optimistic about investing in Indian startups, especially those focused on application-layer artificial intelligence. In 2024, Indian AI startups raised $747 million, and analysts believe the infrastructure layer space presents an opportunity.
https://www.khaleejtimes.com/business/indian-real-estate-remains-a-profitable-investmentInnatera is showcasing its Single-NPU (SNP) technology at CES 2025, which enables next-generation AI and signal processing for applications in consumer electronics, smart homes, and industrial IoT. The SNP achieves high-performance pattern recognition at the sensor edge with low power dissipation and latency, marking a major departure from traditional computing technology. Innatera is demonstrating its technology in several real-world applications, including audio scene classification, robust human presence sensing, and people counting using far infrared sensors. The company has received $21 million in funding to accelerate the development of its neuromorphic processors and aims to infuse a billion sensors with brain-like intelligence by 2030.
https://www.prnewswire.com/news-releases/innatera-showcases-revolutionary-neuromorphic-processor-enabling-next-generation-ambient-intelligence-at-ces-2025-302344581.htmlMediaTek is expanding its portfolio to include advanced AI capabilities in various devices such as smartphones, tablets, IoT devices, smart TVs, Chromebooks, and vehicles through its Dimensity, Genio, Pentonic, Kompanio, and Dimensity Auto platforms. This move aligns with the company's vision of bringing AI technology to a wide range of products.
https://www.prnewswire.com/news-releases/mediatek-collaborates-with-nvidia-on-the-new-nvidia-gb10-grace-blackwell-superchip-powering-the-nvidia-project-digits-personal-ai-supercomputer-302343316.htmlMicrosoft has announced a $3 billion investment to strengthen its commitment to making India "AI-first". The company aims to expand its cloud and AI infrastructure across data centre campuses in the country, develop a scalable AI computing ecosystem, and train 10 million Indians in AI skills by 2030. Microsoft has already surpassed its goal of training 2 million people in AI skills by 2025, with 65% of participants being women and 74% from tier 2 and 3 cities. The company's initiatives are led by Puneet Chandok, president of Microsoft India and South Asia, and supported by the Indian government through collaborations such as the "AI for India" mission led by Jayant Chaudhary, Minister of State (Independent Charge), Ministry of Skill Development and Entrepreneurship.
https://www.forbesindia.com/article/news/explained-satya-nadellas-3-billion-investment-plan-for-microsoft-cloud-and-ai-infrastructure-in-india/95015/1Microsoft is investing $3 billion to expand its artificial intelligence and Azure cloud-computing services in India, with the goal of training 10 million people in AI by 2030. This investment is part of a larger expansion plan announced last week, which includes an $80 billion investment globally, with over half allocated for data centers in the United States. Microsoft CEO Satya Nadella made the announcement at a conference in Bengaluru, where he also met with Indian Prime Minister Narendra Modi to discuss the company's plans and the potential of India as a growth market due to its large population and low-cost internet access.
https://channelnewsasia.com/business/microsoft-invest-3-billion-india-expand-ai-and-cloud-capacity-4842456Deputy Minister of Communication and Digital Affairs Nezar Patria is planning to draft a new regulation with Presidential Special Staff for Creative Economy Yovie Widiyanto, which may be either a presidential or ministerial regulation. The proposed regulation aims to provide more detailed provisions on the topic, complementing a circular letter on AI ethics issued by the government in 2023.
https://en.antaranews.com/news/340450/indonesia-eyes-detailed-national-regulation-on-artificial-intelligence?utm_source=antaranews&utm_medium=desktop&utm_campaign=popular_rightNvidia's partnership with a company has enabled the development of NIMs, or Nvidia Inference Microservices, which simplify and accelerate the deployment and scaling of AI models across various enterprise-specific uses. This technology acts as a "flight controller" that determines which AI model to use and when, based on the company's knowledge and desired task.
https://digiday.com/media/ai-briefing-writers-cto-on-how-to-make-ai-models-think-more-creatively/Nvidia's new AI-powered initiative is transforming content creation and live media experiences. The company's technology, which includes a new chip and desktop computer, uses artificial intelligence to create tailored content that adapts to individual viewer preferences. Partners such as Shutterstock, Getty Images, Verizon, and Comcast's Sky are utilizing Nvidia's services, with the potential for greater interactivity and accessibility for customers worldwide. For example, users may be able to request summaries during live sports using voice commands. The technology also has applications in robotics and autonomous vehicles, which Nvidia co-founder Jensen Huang predicts will become a multi-trillion-dollar industry.
https://deadline.com/2025/01/nvidia-introduces-media2-ai-powered-system-content-creation-streaming-live-media-1236249550/Nvidia's stock closed at a record high on Monday, as the company announced new graphics chips for PCs that use its AI processors. The tech sector drove gains in major averages, with the Nasdaq Composite climbing 1.24% and the S&P 500 rising 0.55%. Foxconn reported record fourth-quarter revenue, fueled by growth in cloud and networking products, including AI servers designed by Nvidia. Microsoft announced plans to invest $80 billion in fiscal 2025 to build data centers for AI workloads. The semiconductor sector saw gains, with the VanEck Semiconductor ETF jumping more than 3%.
https://www.cnbc.com/2025/01/07/cnbc-daily-open-the-ai-sector-still-has-legs-to-run.html