Chipmaker Nvidia is deepening its involvement in India, the world’s third-largest startup ecosystem. It has joined the India Deep Tech Alliance (IDTA) as a founding member, aligning with a group of private equity and venture capital investors who have pledged $2 billion toward deep tech investments. Deep tech encompasses emerging...
India’s Software Services Now Fueled by AI Surge
India’s computer services exports have surged by 30% since OpenAI launched ChatGPT in November 2022, according to Franziska Ohnsorge, Chief Economist for South Asia at the World Bank. Speaking at the Fourth Kautilya Economic Conclave, (an annual flagship initiative jointly convened by the Institute of Economic Growth in Delhi, and...
India’s Data Center Industry Booms
According to a CNBC Newsletter regarding India's data centers, the country is rapidly emerging as one of the world’s important dynamic data center markets, attracting global tech giants, domestic billionaires, and real estate developers eager to capitalize on the country’s digital transformation. With demand surging from enterprises, hyperscalers, and AI...
OpenAI To Build 1 GW AI Data Center in India
OpenAI is reportedly planning to build a massive 1 GW data center in India, marking its largest expansion in Asia as part of the $500 billion Stargate infrastructure initiative. The project, a joint venture of OpenAI, SoftBank, Oracle, and MGX, was announced at the White House earlier this year. SoftBank...
OpenAI to Collaborate on India’s Efforts to Build an Entire AI stack
OpenAI CEO Sam Altman announced that India is now the company's second-largest market, with the user base tripling over the past year. Altman recently met with India's IT Minister Ashwini Vaishnaw to discuss a low-cost AI ecosystem and India's plans for an AI stack, including GPUs, models, and applications, with...