Wingify’s Paras Chopra eyes India's new tech subsidy to bootstrap his new AI venture
1 month, 3 weeks ago

Wingify’s Paras Chopra eyes India's new tech subsidy to bootstrap his new AI venture

Live Mint  

Wingify founder Paras Chopra has set his sights on getting access to subsidised graphic processing units from the government to help with his next big idea, a foundational artificial intelligence model. “Building a foundational model has to be government supported, because it’s really about capacity building and lifting the ecosystem," Chopra told Mint. With his new venture, Chopra doesn’t just want to build a foundational model but also change the way AI is being built in India. “It is a no-brainer that if you don’t have a consistent and clear policy, industry and startups are net losers," says Ai&Beyond co-founder and CEO Jaspreet Bindra.

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History of this topic

India AI Mission: How we're poised to ride next innovation wave
1 week, 1 day ago

India AI Mission: How we're poised to ride next innovation wave

India Today  

In the past five months, both Jensen Huang, CEO of the American computer chipmaker Nvidia, and Sam Altman, who heads OpenAI, have visited India, emphasising the country’s growing significance in the tech world, including in the field of Artificial Intelligence. Basically, it reinforces the need for self-reliance in AI infrastructure, talent development and certainly open-source collaboration.” HOMEGROWN MODELS On February …

Investors want a piece of DeepSeek. Its founder says not now.
2 weeks, 2 days ago

Investors want a piece of DeepSeek. Its founder says not now.

Live Mint  

The founder of Chinese artificial-intelligence star DeepSeek has rejected proposals to make quick money from his programs, telling prospective investors that he wants to keep the science-project ethos that brought him global renown. Other internet companies are using the free DeepSeek code to drive their own businesses.Yet founder Liang Wenfeng has told associates he isn’t in a hurry to get …

Learning from DeepSeek, honing India’s AI strategy
3 weeks, 3 days ago

Learning from DeepSeek, honing India’s AI strategy

Hindustan Times  

The first two months of 2025 have been eventful in the world of Artificial Intelligence. Open source advantages Indian startups and researchers attempting to compete in AI, whereas closed source AI ecosystems will further deepen India’s dependence on foreign AI systems What do these developments imply for India’s quest for AI leadership? Second, India must put its weight behind open …

Indian VCs join a global race to back the next big AI disruptor
1 month ago

Indian VCs join a global race to back the next big AI disruptor

Live Mint  

Bengaluru: The world may still be grappling to figure out the scale of upheaval that generative AI could cause. Indian venture capital firms are also scouting for potential investment opportunities in some of the world’s most promising agentic AI ventures in India and overseas. Last month, US-headquartered Indian-origin agentic AI startup Atomicwork raised $25 million in series-A funding, bringing Khosla …

India moves a step closer to desi Deepseek: 5 things you should know
1 month ago

India moves a step closer to desi Deepseek: 5 things you should know

Live Mint  

India is accelerating its efforts to build a homegrown artificial intelligence foundational model, akin to China’s DeepSeek, under the ambitious ₹10,370-crore IndiaAI Mission. Among them, 20 proposals focus specifically on large language models, highlighting India’s growing commitment to AI innovation, added the report. Top Companies in the Race The publication highlighted that some of the biggest names in India’s AI …

Should India build a sovereign, foundational AI model? | The Hindu parley podcast
1 month, 2 weeks ago

Should India build a sovereign, foundational AI model? | The Hindu parley podcast

The Hindu  

In 2023, OpenAI CEO Sam Altman’s remarks in India on the cost of training foundational AI models — like the ones that power ChatGPT — sparked a debate on whether Indian firms should spend millions of dollars on the aim of that technology. The issue pits sovereignty and national pride against financial constraints. Is it necessary for sovereignty and business …

OpenAI CEO calls India potential AI leader, sees 10x dip in key AI module cost in a year
Trending News
1 month, 3 weeks ago

OpenAI CEO calls India potential AI leader, sees 10x dip in key AI module cost in a year

Live Mint  

New Delhi, Feb 5 Two years after his dismissive stance on India's AI potential raised eyebrows here, OpenAI CEO Sam Altman on Wednesday gave a ringing endorsement to Artificial Intelligence momentum in the country -- and billed India as an important market not just for the new-age technology itself but for the ChatGPT creator as well. In New Delhi on …

‘India should not even try to build foundational AI models’ comment was taken out of context: Sam Altman
1 month, 3 weeks ago

‘India should not even try to build foundational AI models’ comment was taken out of context: Sam Altman

Live Mint  

New Delhi: Sam Altman, chief executive of OpenAI, said on Wednesday that his statement that India should “not even try” to build its own foundational AI models was taken out of context. “In reference to the comment I made in India a few years ago about the cost of building foundational AI models, it was taken out of context. This …

DeepSeek vs Stargate Project: How AI spending is evolving, in charts
1 month, 3 weeks ago

DeepSeek vs Stargate Project: How AI spending is evolving, in charts

Live Mint  

Last month, US President Donald Trump announced the Stargate Project—a venture between OpenAI, SoftBank, Oracle and MGX that plans to invest up to $500 billion over four years to build new artificial intelligence infrastructure in the US. As per the Stanford AI Index Report 2024, OpenAI spent an estimated $78 million worth of compute resources to train GPT-4, while Google …

Made-in India AI soon? Ashwini Vaishnaw says 6 major models expected by year-end as China’s DeepSeek makes global waves
1 month, 3 weeks ago

Made-in India AI soon? Ashwini Vaishnaw says 6 major models expected by year-end as China’s DeepSeek makes global waves

Live Mint  

India is stepping up its game in artificial intelligence, with the government pushing an ambitious plan to develop homegrown AI models within the next ten months. “The AI models built in India will be world-class, capable of competing with the best out there,” Vaishnaw said, highlighting the country’s ambition to catching up with global AI leaders. Companies like homegrown E2E …

With China’s DeepSeek and Qwen, has AI war reached a tipping point?
1 month, 3 weeks ago

With China’s DeepSeek and Qwen, has AI war reached a tipping point?

Firstpost  

AI’s next frontier is not just about larger models but smarter, more interpretable, and ethically aligned ones The Icon for the smartphone apps DeepSeek is seen on a smartphone screen in Beijing on January 28, 2025. With China’s DeepSeek and now even Alibaba’s Qwen sending disruptive shockwaves across the AI landscape, it is essential to critically dissect their capabilities, limitations, …

Ashwini Vaishnaw praises DeepSeek, compares it to Centre's plan for local AI model
1 month, 3 weeks ago

Ashwini Vaishnaw praises DeepSeek, compares it to Centre's plan for local AI model

India Today  

Union IT Minister Ashwini Vaishnaw has praised Chinese startup DeepSeek for shaking up the sector with its low-cost AI assistant, likening its frugal approach to the Centre's efforts to build a localised AI model. DeepSeek has triggered a dramatic rethink on artificial intelligence spending around the world, claiming it took just two months and cost under $6 million to build …

Why India should cheer the rise of China's DeepSeek AI
Trending News
1 month, 3 weeks ago

Why India should cheer the rise of China's DeepSeek AI

New Indian Express  

Recently, the tech world has been rocked by a seismic event. The DeepSeek Phenomenon: A Game-Changer in AI DeepSeek, founded in May 2023 by Liang Wenfeng, is a Chinese artificial intelligence company based in Hangzhou, Zhejiang. A Blueprint for India's AI Ambitions The rise of DeepSeek also holds valuable lessons for India. The Broader Implications for the World The rise …

DeepSeek effect: India should build cheaper AI models
1 month, 3 weeks ago

DeepSeek effect: India should build cheaper AI models

New Indian Express  

This shows that countries, especially India, need not depend on advanced hardware and that this R1 model drives home the importance of innovation. The fact that they created this platform with under $6 million investments has shaken the tech CEOs globally highlighting that game changing innovations don’t necessarily need billion-dollar investments, he added. Narendra Bhandari, General Partner, Seafund, a deeptech …

Deepseek’s rapid progress renews debate on Indian foundational AI model
1 month, 3 weeks ago

Deepseek’s rapid progress renews debate on Indian foundational AI model

The Hindu  

The rapid uptake of Deepseek, the Chinese-developed artificial intelligence foundational large language model, has put the AI race in context, with the foundational model developer’s app leading even on American app store fronts. While that has not yet happened in the Indian industry, Mr. Gurnani said that “there will always be new developments that will happen because it is a …

Tech Tonic | India should align with OpenAI’s mega AI Stargate Project
2 months ago

Tech Tonic | India should align with OpenAI’s mega AI Stargate Project

Hindustan Times  

Let us get some context at the outset. This investment amount, which defines aspirations of OpenAI’s Stargate Project, is roughly 10% of India’s GDP, or gross domestic product. For chairman Masayoshi Son and OpenAI CEO Sam Altman to credit US President Donald Trump’s election as the pivotal moment for this investment, is perhaps the single biggest indicator of the country’s …

Beyond the hype: How India can be an AI powerhouse
2 months, 3 weeks ago

Beyond the hype: How India can be an AI powerhouse

New Indian Express  

It’s been two years since the term ‘generative AI’ started gaining widespread attention. Although it wasn’t new—it appeared on Gartner’s ‘hype cycle’ as early as 2020—by the end of summer 2022, excitement was mounting around genAI tools capable of generating text, images and computer code. In 2013, the M D Anderson Cancer Center at University of Texas launched a moonshot …

India’s startup scene is picking up speed again
4 months, 1 week ago

India’s startup scene is picking up speed again

Hindustan Times  

Visitors to Bangalore, India’s tech hub, quickly learn why locals measure distances in minutes and not kilometres. India’s startup scene has had a difficult few years, as funding dried up and once high-flying firms crashed back down to earth. In January the banking arm of Paytm, an Indian fintech giant, was ordered by India’s central bank to stop all services …

Tech Titans' Tightrope Dance: India's AI Ambitions and Global Tech Giants
4 months, 3 weeks ago

Tech Titans' Tightrope Dance: India's AI Ambitions and Global Tech Giants

Live Mint  

India's growing prominence on the global tech stage is attracting industry heavyweights, though not without friction. The country's IT sector is globally renowned not just for its scale but also for its deep expertise in computer science. However, India recognizes that achieving self-reliance requires collaboration with global tech giants. The government's push aligns with Modi's vision of Viksit Bharat (Progressive …

AI Model Backed by Asia’s Richest Person to Launch in March
1 year, 1 month ago

AI Model Backed by Asia’s Richest Person to Launch in March

Hindustan Times  

-- A consortium backed by Mukesh Ambani’s Reliance Industries Ltd. and India’s top engineering schools aim to launch its first ChatGPT-style service next month, a big step in the country’s ambitions to become a player in the field of artificial intelligence. HT Image The BharatGPT group, encompassing an arm of India’s most valuable company and eight affiliated universities, offered a …

Ex-Twitter CEO Parag Agrawal ventures into AI with new startup: What we know so far?
1 year, 2 months ago

Ex-Twitter CEO Parag Agrawal ventures into AI with new startup: What we know so far?

India TV News  

After being dismissed as Twitter's CEO, Parag Agrawal, of Indian origin, has secured around $30 million for his new AI startup. The funding, led by Khosla Ventures, known for backing OpenAI, along with participation from Index Ventures and First Round Capital, supports Agrawal's venture, which focuses on developing software for creators of expansive language models like OpenAI's ChatGPT. Agrawal's New …

The Art of a Good Unicorn | Geopolitical implications of AI's emergence
1 year, 6 months ago

The Art of a Good Unicorn | Geopolitical implications of AI's emergence

Hindustan Times  

In the second half of 2022, OpenAI released ChatGPT 3.5, which seemed to revolutionize the advent of generative Artificial Intelligence. AI can even reshape the financial landscape by designing and delivering financial products, helping Indian startups, improving India’s agricultural ecosystem, healthcare and more. As the race for AI dominance escalates, it could fuel geopolitical rivalries, as nations strive to harness …

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