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India’s semiconductor ambitions are entering a new phase. The Union Cabinet on July 15 approved the second phase of the India Semiconductor Mission (ISM 2.0) with a ₹1.27 lakh crore outlay — nearly 1.7 times the ₹76,000 crore allocated under the first phase. But the significance of ISM 2.0 lies not just in the size … Read more
India can offer semiconductor companies cost savings of more than 10% compared with their current global locations, Amitesh Kumar Sinha, CEO of the India Semiconductor Mission (ISM), told CNBC-TV18. The cost advantage could come from a combination of government incentives that reduce capital expenditure, lower manpower costs, competitive power tariffs and the development of a … Read more
OpenAI has launched Codex Micro, a limited-edition desktop keypad designed for developers using its artificial intelligence (AI) coding assistant, Codex, as the company expands its hardware ecosystem for AI-powered software development. Priced at $230, the device has been developed in partnership with hardware maker Work Louder. It is aimed at developers who manage multiple AI … Read more
OnePlus, a consumer electronics brand that gained a loyal following with its lineup of aggressively priced Android smartphones, will begin to cease operations in the US and Europe. The move will happen as early as this week, according to a person with knowledge of the matter. The change is happening as part of a larger … Read more
Artificial intelligence will transform healthcare, science and manufacturing in ways few technologies have before, JPMorgan Chase CEO Jamie Dimon said, even as companies grapple with questions around the return on their AI investments and the protection of proprietary data. Speaking in an interview with CNBC, Dimon said AI is already beginning to move beyond chatbots … Read more
The European Union, which fined Elon Musk’s social media network “The European Commission has accepted “The approved measures represent an important step in enabling researchers, civil society and the public in general to gain more transparency into Earlier on December 5, Musk had replied “Bullshit” under a European Commission post about the fine. He also … Read more
The Union Cabinet on Wednesday, July 15, approved a mobile phone manufacturing scheme with an outlay of ₹62,500 crore to strengthen India’s electronics manufacturing ecosystem and promote domestic production. The scheme will run for five years and includes incentives for developing Indian mobile phone brands, the government said. According to the government, the scheme targets … Read more
OpenAI’s much-anticipated push into consumer devices is slated to begin with a mobile, screen-free smart speaker designed to be a new type of home computer for the AI era, according to people familiar with the matter. The product — still under development — is meant to serve as a humanlike AI companion that lives in … Read more
Apple has released the public beta of iOS 27, giving iPhone users an early chance to try many new features before the official launch later this year. The update brings several changes, including a smarter AI Siri, more Apple Intelligence features and extra Liquid Glass customization options. The final version is expected to arrive alongside … Read more
Worries about a bubble in artificial intelligence investments are absurd, SoftBank Group’s CEO Masayoshi Son said Tuesday, deriding such doubts as backward and akin to questioning the use of cars and planes. “To ask whether AI is a bubble is a foolish question,” Son told executives at an annual company event in Tokyo. “AI will … Read more
