AI POWERED APPLICATION DEVELOPMENT
OpenAI CEO Sam Altman predicts when AI might finally crack the cure for cancer on its current trajectory
OpenAI CEO Sam Altman predicts that AI could one day cure cancer if computing power reaches 10 gigawatts. In his blog 'Abundant Intelligence', he outlined plans to build AI infrastructure producing a gigawatt weekly, in partnership with Nvidia. While experts note cancer’s complexity, Altman envisions AI transforming medicine, education, and daily life. The initiative aims to make AI widely accessible, potentially solving major global challenges and delivering life-saving innovations.
Kazakhstan president echoes India’s views & calls for comprehensive UN reforms
President Tokayev of Kazakhstan, addressing the UN General Assembly, advocated for comprehensive UN reform, emphasising the need for greater representation and efficiency. He voiced concerns over global instability, including the Ukrainian crisis and the situation in Gaza, urging peaceful resolutions and adherence to international law. Tokayev also highlighted Kazakhstan's role in Eurasian connectivity, environmental initiatives, and digital transformation efforts.
Peak XV's Surge selects 23 startups for 11th cohort; AI, financial services in focus
Venture capital firm Peak XV Partners has launched the 11th cohort of its Surge accelerator, welcoming 23 startups. The group includes 12 AI-focused companies working on enterprise, consumer, and specialised solutions. Surge, now independent from Sequoia Capital, features founders from India and beyond across AI, finance, and consumer sectors.
AI startup Modular raises $250 million, seeks to challenge Nvidia dominance
The funding, which nearly tripled the company's valuation from two years ago, was led by U.S. Innovative Technology fund. DFJ Growth and all existing investors, including GV, General Catalyst and Greylock also joined the round.
Microsoft brings Anthropic AI models to 365 Copilot, diversifies beyond OpenAI
While Copilot will remain powered by OpenAI's latest models, users will be able to select Anthropic models, Claude Sonnet 4 and Claude Opus 4.1, in Copilot's AI-powered reasoning agent "Researcher," as well as when developing agents in Microsoft Copilot Studio.
OpenAI for Germany: SAP, OpenAI partner to boost public sector AI
The move aligns with the 'Made for Germany' initiative, supported by 61 big companies and global investors, including SAP, that have together committed over €631 billion in investments.
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AI startup RVAI acquihires Tynybay
RVAI will integrate its AI services expertise with Tynybay’s strengths in agentic AI applications, process orchestration, and autonomous AI solutions.
BharatGen bets on small models to hit big AI goals
An academic consortium based out of IIT Bombay, BharatGen last week secured the largest government support under the India AI Mission — Rs 988.6 crore. Seven other entities were also selected under the mission to receive incentives for building foundational AI models.
AI joins list of global challenges on agenda for UN meeting
Since the AI boom kicked off with ChatGPT's debut about three years ago, the technology's breathtaking capabilities have amazed the world. Tech companies have raced to develop better AI systems even as experts warn of its risks, including existential threats like engineered pandemics, large-scale misinformation or rogue AIs running out of control, and call for safeguards.
Alibaba to open new data centres; unveils most powerful AI model
Alibaba announced plans to open its first data centres in Brazil, France, and the Netherlands, expanding its global AI infrastructure. Additional facilities will be launched in Mexico, Japan, South Korea, Malaysia, and Dubai within the year. This expansion supports Alibaba’s growing focus on AI alongside its core ecommerce business.
AI, data centre-themed smallcap multibagger stock doubles in 6 months. Should you buy?
Netweb Technologies has seen its stock more than double in six months, fueled by order wins, government digital initiatives, and India's growing data center market. Brokerages anticipate continued revenue growth driven by AI adoption, data localization, and expanding compute infrastructure.
Alibaba launches Qwen3-Max AI model with more than a trillion parameters
Alibaba has unveiled its most powerful AI language model, Qwen3-Max, boasting over one trillion parameters. The announcement, made at the Apsara Conference by Alibaba Cloud's CTO Zhou Jingren, highlights the model's advanced capabilities in code generation and autonomous agent functionality. This launch signifies Alibaba's intensified focus on advancing artificial intelligence technologies.
AI joins list of global challenges on agenda for UN meeting
World leaders at the UN are addressing AI's global challenges, establishing a global forum and scientific panel for governance. A Security Council debate will explore AI's responsible application for peace, while the Global Dialogue on AI Governance launches to foster international cooperation.
Surat-based Rocket raises $15 million from Salesforce Ventures, Accel and others
AI-powered app-building platform Rocket has secured $15 million in seed funding led by Salesforce Ventures and Accel, with Together Fund also participating. Founded by Vishal Virani, Rahul Shingala, and Deepak Dhanak, Rocket lets users build production-ready apps from natural language prompts and plans global expansion.
Nvidia's $100 billion OpenAI play raises big antitrust issues
Nvidia's biggest customer base is already relatively concentrated, with the two largest buyers accounting for 23% and 16% of its revenue in the second quarter of this year, according to its financial filings, which do not name the buyers. The scope of Monday's deal – in which Nvidia would invest up to $100 billion in OpenAI, and the latter would buy millions of chips from Nvidia — goes to show "just how expensive frontier AI has become," said Sarah Kreps, director of the Tech Policy Institute at Cornell University.
Nvidia CEO Jensen Huang, OpenAI CEO Sam Altman support Trump's $100,000 H-1B visa fee increase
Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman endorsed President Donald Trump's decision to raise H-1B visa fees to $100,000. The tech executives made their comments while announcing Nvidia's $100 billion investment in OpenAI for AI data center development using Nvidia processors
Nvidia to invest $100 billion in OpenAI to power next-generation AI, NVDA stock hits record high
Nvidia is investing up to $100 billion in OpenAI to build huge AI data centers and power next-generation AI models. The partnership will help OpenAI grow its AI systems and reach more users worldwide. Using Nvidia’s advanced chips, OpenAI aims to create new AI technology and expand its role in the global AI economy.
Oracle appoints insiders Clay Magouyrk and Mike Sicilia as co-CEOs
Oracle named insiders Clay Magouyrk and Mike Sicilia as new CEOs, while longtime leader Safra Catz transitions to executive vice chair of the board. The move signals a leadership reshuffle within the cloud provider.
MediaTek Dimensity 9500 chipset launched with improved AI, efficiency, and gaming performance
MediaTek has launched its latest mobile platform, the Dimensity 9500, designed for next-generation 5G smartphones. The chip offers improved CPU and GPU performance, enhanced power efficiency, and advanced on-device AI capabilities. Key features include support for high-resolution cameras, cinematic 4K video, adaptive display technology, and AI-powered connectivity optimizations. Smartphones powered by the Dimensity 9500 are expected to arrive in the fourth quarter of 2025.
Indian IT at crossroads: Cyclical pause or structural shift?
Technology services stocks are currently shorted globally. Investors flock to AI themes, overlooking IT services. The IT sector experienced deceleration, while hyperscalers grew. AI adoption is at the Proof of Concept stage. Indian IT has weathered transitions, adapting to new growth paths. AI's impact on IT services is expected to be modest. Enterprises struggle with AI implementation.
Meta gets into power trading as AI sends demand soaring
Meta is planning to enter the power-trading sector. The company filed an application with US regulators. This move aims to manage the electricity needs of its data centres. Meta seeks to power its operations with clean energy. The demand for electricity is increasing due to AI development. Meta also aims to sell excess power to wholesale markets.
China's Huawei co-develops DeepSeek model, improves censoring
Huawei said in a publication on a company WeChat account late on Thursday that it used 1,000 of its Ascend AI chips to train the large-language model, which was tweaked from DeepSeek's open-source model R1.
Google picks 20 AI startups for accelerator programme in India
Google has selected 20 AI startups in India for its accelerator program, focusing on healthcare, finance, climate, and education. These companies are developing agentic, multimodal, and foundational AI models. Google will provide support through Google Cloud infrastructure, Gemini models, technical mentorship, and go-to-market strategies, aligning with IndiaAI Mission's startup pillar.
China's DeepSeek says its hit AI model cost just $294,000 to train
Chinese AI firm DeepSeek revealed its R1 model was trained for just $294,000 using 512 Nvidia H800 chips, far below US rivals’ costs. The disclosure revives debates on China’s AI progress, export restrictions, and transparency, with skepticism over DeepSeek’s true access to banned Nvidia hardware.
New Delhi to host India-AI Impact Summit 2026 on February 19-20
India-AI Impact Summit 2026 is crucial in the current context as it comes at a time when nations are racing to harness AI's transformative potential for economic growth, and innovation, amid a growing consensus on the need for safe and ethical AI frameworks, as well as governance frameworks.
Intel stock jumps over 25% after Jensen Huang-led Nvidia’s $5 billion rescue — here's what both companies plan to do
Intc stock: Chipmaker Nvidia will invest five billion dollars in Intel. Both companies will develop data center and PC products. This collaboration integrates Nvidia's AI with Intel's CPU technology. Intel will build Nvidia-custom x86 CPUs for data centers. For PCs, Intel will build x86 SOCs with Nvidia RTX GPUs. This partnership aims to deliver cutting-edge solutions for customers.
Intel shares skyrocket 25% after Nvidia investment deal
Shares in chipmaker Intel skyrocketed on Thursday after AI giant Nvidia announced it will invest $5 billion in its rival. Intel's stock price was up by more than 25 percent, to $31.25 a share on Wall Street, hours after Nvidia said it would come to the aid of one of Silicon Valley's most iconic companies, which has fallen on hard times. arp/dw
Intel shares soar 30% in pre-market trade on Nvidia's $5 bn investment boost, strategic product collaboration
Intel shares soared over 30% in pre-market trade after announcing a $5 billion investment from Nvidia and a landmark collaboration to co-develop custom data center CPUs and x86 RTX SOCs for PCs, integrating NVIDIA’s AI and Intel’s CPU strengths.
AI crucial to growing India's overall ecosystem, says BharatGen's Rishi Bal
Artificial Intelligence (AI) is essential for accelerating India's overall ecosystem, said Rishi Bal, Executive Vice President of BharatGen.
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