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IBM and Yotta plan sovereign AI push for Indian enterprises

India, May 7 -- IBM and Yotta Data Services have announced plans to build an agentic AI platform with sovereign capabilities for enterprises and government organisations in India. The platform is expe... Read More


AI's next bottleneck isn't chips - It's power!

India, May 7 -- Data center capacity is expanding at an unprecedented pace, driven by the rapid deployment of artificial intelligence infrastructure. Global data center capacity increased from approxi... Read More


AI competition turns into supply chain arms race, tightening advanced packaging and 3nm capacity

India, May 7 -- TrendForce's latest foundry industry findings point out that AI demand has surged rapidly since 2023, leading to capacity bottlenecks in 3nm-2nm wafers, and 2.5D/3D advanced packaging.... Read More


IESA applauds ECLGS 5.0: Strengthening backbone of India's electronics economy

India, May 7 -- India Electronics and Semiconductor Association (IESA), the apex industry body representing the ESDM sector, welcomed the Union Cabinet's approval of the Emergency Credit Line Guarante... Read More


Anthropic partners with SpaceX to increase its compute capacity

India, May 7 -- Anthropic announced a partnership with SpaceX to increase its compute capacity, according to the company's release. According to the announcement, Anthropic has also expressed interest... Read More


InMobi acquires MobileAction to expand iOS advertising tools

India, May 7 -- InMobi has announced the acquisition of MobileAction, an AI-powered platform that helps app developers and marketers improve app visibility and reach new iOS users. Financial terms of ... Read More


Skyroot Aerospace becomes India's first space-tech unicorn

India, May 7 -- Skyroot Aerospace, the Hyderabad-based private space launch company, announced on 7 May that it had raised Rs 570 crore (around USD 68 million) in fresh funding from a group of existin... Read More


InMobi acquires MobileAction to expand iOS advertising tools...

India, May 7 -- InMobi has announced the acquisition of MobileAction, an AI-powered platform that helps app developers and marketers improve app visibility and reach new iOS users. Financial terms of ... Read More


Fake Lifesaving Drugs Racket Busted in Delhi; Four Held, Rs.6-Crore Stock Seized

New Delhi, May 7 -- In a major crackdown on the illegal trade of counterfeit medicines, the Crime Branch of Delhi Police has busted an inter-state racket involved in the manufacturing, relabeling and ... Read More


STL to invest USD 100 million in US AI connectivity expansion

India, May 7 -- At the SelectUSA Investment Summit, Sterlite Technologies announced plans to invest up to USD 100 million in the United States to expand its connectivity solutions business, including ... Read More