VISION AI MODEL
Carl Pei teases Nothing’s first AI-native product; says it 'couldn't have been an app'
Nothing will launch its first AI-native product in December with a focus on productivity. The chief executive, Carl Pei, provided limited details about the product’s functions. It is suggested that the product may help users capture conversations and take notes. Other companies are also exploring wearable AI devices that focus on companionship or productivity.
Ripik.ai in talks to raise Rs 150 crore from Gaja Capital
The startup deploys its hardware and software systems at large manufacturing and industrial units, including cement and steel plants, using cameras, sensors and proprietary AI models to monitor equipment, materials and production processes. It counts Accel and Venture Highway (now merged with General Catalyst) among its existing investors.
After Japan and Korea, now Singapore: UP's big plan to build a foreign-style city near Noida airport; check location, sectors and investment plans
Uttar Pradesh is planning to develop a dedicated 'Singapore City' in Sector 7 near Noida International Airport at Jewar to attract foreign investment and boost regional growth. Following talks between Chief Minister Yogi Adityanath and a Singapore business delegation, the proposed project will focus on logistics, semiconductors, data centres, AI, green energy and modern urban infrastructure.
IKF Finance sets Rs 25,000 crore AUM target for 2030
The company has broadened its financial services beyond vehicle loans, which opens up new avenues for growth. With a seasoned leadership team at the helm, IKF prioritizes good governance and credit discipline.
India elected as President of International Solar Alliance for third straight term: Pralhad Joshi
Addressing media at the summit, Joshi said, "At the ninth session of the ISA, we reaffirm a fundamental belief: progress becomes truly meaningful when its benefits are shared". He congratulated France on the occasion of being reelected co-President of the ISA.
Marico Q2 Results: Net profit jumps 31% YoY to Rs 550 crore, revenue rises 12%
Marico reported a 31% YoY rise in Q2FY27 net profit to Rs 550 crore, while revenue grew 12% to Rs 3,897 crore. EBITDA increased 27%, margins expanded to 18.2%, and management expects double-digit growth during FY27.
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This startup is selling a Rs 94,835 mosquito trap that uses a powerful blue laser and sensors similar to those in self-driving cars to track and kill mosquitoes while detecting people, pets and nearby surfaces to prevent accidental firing
Photon Matrix has introduced a laser device that identifies and eliminates mosquitoes effectively. The products are priced at around $1,000 each, with a delivery estimate of 120 days. Both the indoor and outdoor models utilize advanced A.I. for mosquito detection and targeting. The system is designed to be safe for humans and pets, although independent safety testing is pending. This technology aims to revolutionize traditional mosquito control methods.
Rs 10,000 investment created a Rs 600 crore per yer business: How Bengaluru man created flourishing IT empire that survived three recessions
Bengaluru entrepreneur RS Shanbhag had just Rs 10,000 in is pocket but a vision and a relentless can-do attitude. The firm he established in 1991, went on to generate a revenue between Rs 500- Rs 1000 crore annually by 2025. He focused on IT services and rural employment, which helped him survive three recessions.
IIT Kharagpur and Absolute launch Smart Scout AI project for soybean farming
Absolute and IIT Kharagpur are developing an early warning system for soybean farmers to minimize crop losses. The Smart Scout project aims to detect lodging risks, assess damage, and estimate yields using artificial intelligence. This initiative is part of the Quad-backed AI-ENGAGE program focusing on agricultural innovations. Pilot trials will be conducted across major soybean-growing states in India over the next three years.
Cognite reports $1 billion in verified AI value, confirming impact of industrial AI solutions
Driving approximately 36% of value verified to date, customers are leveraging AI and automated workflows to prevent costly asset shutdowns across complex industrial operations, help them get back running when the unexpected happens, and lower the costs of running their operations.
Before Perplexity, Aravind Srinivas built a Twitter search tool that changed his startup's direction
Aravind Srinivas and his co-founders experimented with a Twitter search tool before focusing on Perplexity's web search product. An unexpected response to a feature that summarised social media profiles helped shape their next move, eventually leading to a broader mission centred on knowledge and curiosity.
India Inc wants AI talent to transform manufacturing space
Manufacturing firms are increasingly focusing on integrating artificial intelligence into their operations for efficiency. Companies such as Honeywell Technologies and RPG Group are actively searching for AI and digital leaders. These leaders are expected to bridge the gap between technological advancement and manufacturing processes. Companies are also searching for talent in overseas markets, particularly among Indian-origin executives.
Exclusive | Cognizant in talks to invest in Indian AI startup Sarvam valuing it at $3.5-4 billion: sources
Cognizant’s potential investment in Sarvam comes as advances in agentic AI raise questions about the future of the IT services industry. AI agents are increasingly capable of automating tasks across software development, application maintenance and back-office operations, potentially disrupting traditional outsourcing models.
iOS 27.2 is out: Here's what new features iOS 27.2 bring to Siri and other Apple devices
Apple unveiled iOS 27.2, introducing impressive Siri enhancements such as memory features that allow the assistant to remember past dialogues. Users can now selectively copy parts of Siri’s responses and restrict certain apps from interacting with Siri. Additionally, the update boosts the Messages and Photos apps with improved contextual suggestions and AI-powered image recognition, enriching the overall user experience across multiple Apple platforms.
Cadence unveils Nvidia-backed AI models that chipmakers can run in-house
Both companies make software used to design computing chips - a process that involves arranging billions of transistors precisely to meet cost and performance targets - and are racing to have AI "agents" use those tools on behalf of human engineers to speed up the process.
Anthropic files for US IPO amid AI boom, rising costs and safety concerns
Anthropic has filed for a US IPO to support its ambitious AI development plans and secure funding. The company's recent financial details show significant revenue growth, but losses have widened sharply. Investors are currently valuing Anthropic at approximately $1.5 trillion, reflecting recent market fluctuations. Anthropic is in competition with OpenAI in the race to create advanced AI systems.
Power to empower must include the power to stay well
“The true value of power lies in its purpose,” the Prime Minister told the Bloomberg New Economy Forum in October. India’s next lever of power is the health of its people, and the digital infrastructure behind CoWIN can now help keep a billion Indians well.
L&T Technology Services signs five-year deal with Nokia for R&D support in India
L&T Technology Services (LTTS) on Monday announced a five-year contract with Nokia to support its engineering and research and development (R&D) activities in India, according to an exchange filing.
India must bolster tech, economic resilience: Dean Grandy, KPMG's global head for government and public sector
India is encouraged to boost its domestic technology capabilities and economic resilience to face geopolitical tensions. Strengthening self-sufficiency in artificial intelligence and infrastructure is essential for national interests and security. Collaborative partnerships with like-minded governments are important for shared insights and investment opportunities. Developing independent AI regulations will safeguard India's data and business environment effectively. Addressing the emerging challenges in AI will be crucial as India's capabilities expand.
As the US and China form AI blocs, countries are increasingly torn between them
Countries like Kazakhstan are trying to balance between U.S. and China AI initiatives for technological gains. Indonesia has expressed interest in benefiting from both AI superpowers while pursuing its technological agenda. Some nations are exploring relationships with both blocs without fully committing to either. China's investments in developing countries are increasing, enhancing their own AI capabilities.
Mark Zuckerberg, worth $240 billion, threatens to leave California over 5% billionaire tax as Meta creates new Class C shares to keep him in state
Mark Zuckerberg has threatened to leave California if the state introduces a proposed 5% billionaire wealth tax. In response, Meta has approved a new class of nonvoting Class C shares that would allow the Facebook co-founder to raise money to pay a potential tax bill without losing control of the company. The new stock arrangement also comes with an eight-year commitment from Zuckerberg to remain a California resident.
Jio’s mega public issue puts India’s AI companies in the spotlight; see who are the potential IPO candidates
The interest in India’s AI firms comes at a time when such companies are attracting increasing private investment and some are beginning to consider stock market listings. Jio itself is looking to target growth beyond telecom through AI, cloud, and satellite communications.
Meta beats expectations but legal penalties hit profit amid AI race
Meta beat investor expectations for third-quarter revenue on Wednesday as it doubles down on a global AI race but the social media giant's profits took a hit due to an $18 billion legal settlement with nearly all US states. The company reported $9.86 billion in profits from July to September, almost 50 percent below investor expectations, which Meta said was dragged down by a $9.9 billion charge related to the settlement.
High-voltage reality: ‘Data hubs need stable grids more than sops’
As states roll out the red carpet to attract private investments in artificial intelligence (AI) and cloud infrastructure, delivering uninterrupted power to project sites from day one would be crucial for their success, they said.
Einride expands Nvidia partnership to deploy AI reasoning model for self-driving trucks
Self-driving truck company Einride said on Wednesday it would broaden its partnership with Nvidia by testing the chipmaker's AI reasoning model, Alpamayo, in its self-driving vehicles, aiming to speed up the expansion of autonomous freight services while lowering development costs
India's listed AI market could gain USD 100 billion from IPOs over next 5 years: Goldman Sachs
India's artificial intelligence sector is poised to contribute between USD 50 billion and USD 100 billion from forthcoming IPOs. Goldman Sachs has pinpointed 84 private AI firms collectively valued at around USD 55 billion. The study forecasts that 25 to 50 percent of these enterprises could make their public debut within the next two to five years.
Former Google CEO Eric Schmidt owns 1% stake in Anthropic: Report
In its IPO prospectus seen by Reuters in September, Anthropic laid out a vision that AI will transform the global economy more profoundly than industrialisation, electricity and the internet.
When Developing an AI Strategy, Beware the Urgency Trap
There’s a consistent pattern in failed or underperforming AI initiatives. Business leaders tend to frame AI through the lens of what they see as the most urgent problems—bottlenecks in productivity, rising costs, slow decision-making, or inefficiencies in workflows. This focus on urgent and immediate challenges may be why AI initiatives start fast and generate excitement, but ultimately fail to transform organizations in meaningful or lasting ways. To avoid this “urgency trap,” leaders can take three actions to avoid employing AI as a quick fix and instead use it as a tool for long-term value creation: 1) prioritize clarity of purpose, 2) resist the urgency bias, and 3) focus on advancing the company’s vision.
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