India’s semiconductor chip design ecosystem received a major boost as C2i Semiconductors, a startup backed by the Government’s Design Linked Incentive (DLI) Scheme, raised $15 million in Series A funding led by Peak XV Partners. The investment marks the largest funding round secured by an Indian semiconductor startup to date…
Tag: #AIInfrastructure
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Budget 2026 Boosts India’s Cloud & AI Hub Vision
The Union Budget 2026–27 has unveiled a landmark tax holiday till 2047 for eligible foreign cloud service providers using India-based data centres for global operations. The move signals a decisive push to position India as a global hub for cloud computing and artificial intelligence (AI) infrastructure. the framework aims to…
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India’s Sovereign AI Cloud: Yotta-BHASHINI Partnership
India’s journey toward a self-reliant artificial intelligence ecosystem has taken a significant leap with Yotta Data Services successfully deploying BHASHINI’s end-to-end sovereign AI cloud transformation. The initiative ensures that India’s national language AI platform now runs entirely on indigenous cloud and GPU infrastructure, strengthening data sovereignty while supporting population-scale multilingual…
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Oracle May Cut Up to 30,000 Jobs Amid Costly OpenAI Push
San Francisco: US technology giant Oracle is reportedly considering one of the largest workforce reductions in its history, with potential layoffs affecting up to 30,000 employees, as mounting costs tied to artificial intelligence infrastructure place intense pressure on the company’s finances. The possible job cuts were highlighted in a recent…
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Nvidia Invests $2B in CoreWeave to Expand AI Data Centres
Nvidia has invested $2 billion in cloud infrastructure provider CoreWeave, nearly doubling its stake in the company and strengthening its foothold in AI-focused computing. The investment, priced at $87.20 per share, comes as global demand for AI data centre capacity surges. Strategic Partnership Expansion Alongside the investment, Nvidia and CoreWeave…
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India Emerges as Global AI Power at Davos Panel
India marked a strong debut on the global AI stage at the Davos forum, with Union Minister for Electronics and Information Technology, Shri Ashwini Vaishnaw, representing the nation at the high-level “AI Power Play” panel. The session focused on AI’s evolving geopolitics, economic impact, and governance challenges, bringing together policymakers,…
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MeitY & IndiaAI Conclude Human Capital AI Meeting
Guwahati, 6 January 2026 – The second day of the Human Capital Working Group Meeting, jointly organised by the Ministry of Electronics and Information Technology (MeitY), IndiaAI, the Government of Assam, and IIT Guwahati, concluded today. Discussions focused on implementing AI solutions for regional languages, the National Language Translation Mission…