IT major HCLTech is likely to invest $150 million (about ₹1,450 crore) and lead a $300 million (around ₹2,850 crore) funding round in Sarvam AI, the foundational models upstart, people familiar with the developments told Moneycontrol. “While HCLTech will invest around $150 million in Sarvam AI, Bessemer Venture Partners (BVP) will put in another $50 … Read more
US President Donald Trump is set to meet Chinese President Xi Jinping in Beijing alongside top US CEOs including Elon Musk and Tim Cook, with AI and trade among key topics. The update also covered OpenAI’s new enterprise venture, Satya Nadella’s testimony in the Musk-Altman trial, Google blocking an AI-linked cyber threat, and rising AI-driven … Read more
On the latest AI and technology update, discussions covered Intel’s preliminary chip manufacturing agreement with Apple, which could reduce Apple’s dependence on Taiwan Semiconductor Manufacturing Company, and Nvidia’s growing AI investments across OpenAI, Corning and IREN. The segment also highlighted India’s AI push after IT Minister Ashwini Vaishnaw confirmed Google’s interest in AI infrastructure, servers … Read more
At the NASSCOM GCC event, Telangana IT Minister D. Sridhar Babu said the state aims to become India’s AI capital after adding 70 GCCs in the past year and targeting 100 more this year. The comments came amid global developments in AI earnings, infrastructure and cybersecurity, including workforce cuts at Cloudflare, Nvidia’s manufacturing partnership with … Read more
Global focus is shifting to courtroom testimonies involving Sam Altman, Greg Brockman and Satya Nadella, which could influence how artificial intelligence (AI) firms are structured and funded. Supply constraints are pushing Nvidia server prices higher in China, record gains at Samsung from memory demand, cost pressures flagged by Tim Cook, and India’s move to review … Read more
Artificial intelligence (AI) spending plans by major technology companies remain intact despite rising oil prices and geopolitical risks, with near-term investments driven by compute and memory costs rather than energy constraints. He added that chip pricing has had a bigger influence on capital expenditure efficiency. “Chip pricing has been more impactful on capex and how … Read more
