Tech Majors Commit Billions of Dollars to India at AI Summit
- On Tuesday, Nvidia Corp detailed collaborations supporting the IndiaAI Mission, a national program investing more than $1 billion to expand domestic AI capabilities.
- New Delhi has framed the initiative as its IndiaAI Mission to strengthen AI capabilities and a New Delhi official said it expects $200 billion in data-center investments and approved $18 billion in semiconductor projects last year.
- Working with venture firms including Peak XV, Nvidia will provide software, mentorship, and fund AI startups, and supply NVIDIA Nemotron models to local cloud providers.
- This week Nvidia CEO Jensen Huang canceled his planned India AI Impact Summit appearance; Vishal Dhupar said `He's under the weather,` and Jay Puri will lead the delegation.
- Against a backdrop of global investments, Nvidia balances international deals amid U.S. pressure to prioritise domestic manufacturing, while Amazon, Microsoft and Google commit more than $50 billion in India.
43 Articles
43 Articles
Money Talks as India Searches for Its Place in Global A.I.
The event promised to be a global coming-out party for India’s artificial intelligence aspirations. The India A.I. Impact Summit has been a whirl of more than 300 exhibitors and 500 sessions, sprawled across 120 acres of New Delhi this week. The organizers expected 250,000 participants and visitors. A fleet of world leaders arrived, including President Emmanuel Macron of France, the keynote speaker, and President Luiz Inácio Lula da Silva of Bra…
The North American chip manufacturer for IA has completed another partnership with an Indian company, the latest of a series of agreements signed in New Delhi during the IA summit.
US tech giants announce India deals at AI summit
Google said it would build new subsea cables from India and chip titan Nvidia unveiled tie-ups with computing firms on Wednesday as tech giants rushed to announce deals and investments at a global AI conference in New Delhi.
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