AM Intelligence, an artificial intelligence infrastructure company set up by the founders of the renewable energy developer Greenko, has ordered 20,000 more NVIDIA Rubin graphics processors. NVIDIA is based in Santa Clara, California. The company announced the $4 billion order on October 5th, according to a statement that CIOandLeader carried....
NVIDIA Partners with India’s Payments Authority to Build Banking AI Platform
NVIDIA, headquartered in Santa Clara, California, and the National Payments Corporation of India (NPCI) have unveiled an open reinforcement learning environment designed to train artificial intelligence agents for banking. The platform, announced at the Global Fintech Fest 2026 in Mumbai, is described as the first of its kind for the...
Nvidia Backs Funding Boost for Indian Deep-Tech Startups
Nvidia, along with a group of Indian and U.S. investors, has joined the India Deep Tech Alliance, helping the group secure over $850 million in new capital commitments. This initiative aims to address the persistent issue of underfunding for India's research-driven "deep-tech" startups, which focus on industries such as semiconductors,...
India’s IT Firms to train 500,000 developers on AI with Nvidia
Major IT companies in India such as Infosys, TCS, Tech Mahindra, and Wipro, are partnering with Santa Clara, CA-based NVIDIA to accelerate AI adoption through several initiatives: 1. Workforce Development: - Collectively training nearly 500,000 developers - Each company has established significant AI training programs for their employees 2. Technology...
NXP Semiconductors to Invest $1B in India, Expand R&D
Dutch company NXP Semiconductors, announced plans to invest $1 billion in India, aiming to double its research and development efforts in the country. This move aligns with India's ambition to establish itself as a significant player in the semiconductor industry. CEO Kurt Sievers made this announcement at the Semicon India...
India’s Grows in Prominence in Global AI
India is rapidly becoming a crucial player in the global artificial intelligence (AI) ecosystem, leveraging its $250 billion IT industry and a workforce of nearly 5 million programmers. The country's AI services market is projected to reach $17 billion by 2027, with one of the highest AI adoption rates among...