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China’s DeepSeek considers new fundraising after first round: Reports

Chinese AI startup DeepSeek is weighing raising new funds one month after closing its first round, the Financial Times reported on Tuesday. The company started preliminary talks this week with new investors about opening another round that would value the company at about $71 billion before the deal, according to the report. DeepSeek did not … Read more

Madhya Pradesh secures nearly ₹40,000 crore investment commitments at Tech Growth Conclave 3.0

The Madhya Pradesh Tech Growth Conclave 3.0 has paved the way for investments of nearly ₹40,000 crore and the creation of more than 34,000 jobs in the state, Chief Minister Mohan Yadav said. India is providing new direction to the world across sectors, and Madhya Pradesh is playing a significant role in this growth journey. … Read more

Andhra Pradesh’s AI-powered CCTV360 helps recover 80 stolen vehicles in four months

Andhra Pradesh government’s AI-enabled RTGS CCTV360 surveillance platform has helped police recover 80 stolen vehicles, trace 73 missing persons and apprehend 52 accused persons in various criminal cases over the past four months, officials said. The government said the Real Time Governance Society (RTGS) has integrated more than 14,750 CCTV cameras across the state through … Read more

US-based fintech firm Payoneer opens tech hub in India, boosts hiring

Nasdaq-listed fintech firm Payoneer Global plans to hire around 300 engineers by end of 2026 for its new global capability center in India, joining a growing list of companies tapping into the world’s most populous country to fulfill their talent needs. Global firms including Mastercard, PayPal and Revolut are relying on their India centers for … Read more

Over 200 experts call for urgent action to tackle AI’s economic impact

More than 200 researchers and economists, including 15 Nobel laureates and researchers at OpenAI, Anthropic and Google, have called for governments and technology leaders to urgently create policies and institutions to address the economic impact of AI. They issued the jointly signed statement on Monday, warning that AI could drive a larger economic transformation than … Read more

Satya Nadella warns of ‘Reverse Information Paradox’, says AI could expose company’s valuable knowledge

Companies using artificial intelligence (AI) may be unknowingly giving away one of their most valuable assets – their own knowledge, Microsoft CEO Satya Nadella has warned. He believes businesses are not just paying money to use AI tools but also sharing their internal expertise, workflows and decision-making processes. In a long post shared on X, … Read more

Humanoid robot ‘Surgie’ performs world’s first live pig surgeries

Humanoid robots have successfully carried out two live surgeries on pigs for the first time, a milestone that could shape the future of hospitals. The findings were published in the journal Nature on July 8 in an article titled “In vivo feasibility study of humanoid robots in surgery”. The study was carried out by engineers … Read more

ISRO successfully carries out tests of Gaganyaan crew module systems

The Indian Space Research Organization (ISRO) on Sunday said it had successfully carried out three major tests of the Gaganyaan crew module systems. The first test pertained to ensuring an upright position for the crew module after splashdown in the sea, considered one of the most important crew safety requirements. To do this, a stored … Read more

Growing list of countries move to ban social media for children

The European Union’s plan to regulate children’s access to social media follows the implementation or proposal of similar measures around the world. This list now stretches to more than 20 countries, including five where restrictions are already in force, according to an AFP tally. In most, the measures are very recent and target children under … Read more

India’s data center capacity may reach 9-12 GW by 2031, creating $100 billion opportunity: Deloitte

India’s data center capacity could expand from around 1.5 GW today to 9-12 GW by 2031, creating a $100 billion investment opportunity as artificial intelligence (AI) accelerates demand for computing infrastructure, according to Vivek Gupta, M&A and Private Equity Partner at Deloitte South Asia, and Anjani Kumar, Partner – Tech & Transformation at Deloitte. Deloitte … Read more

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