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02 Feb 2025

India's 2025 Budget: Boosting Middle Class, Tech Spending, and AI Innovation

India's 2025 Union Budget focuses on middle-class tax relief, technology adoption, and AI innovation to drive economic growth and digital inclusion. The budget aims to increase consumer spending, support startups, and enhance the country's global competitiveness in the tech sector.

3 Sources

India's Union Budget 2025: Boosting Startups, MSMEs, and Innovation

The Union Budget 2025 introduces significant measures to support India's startup ecosystem, MSMEs, and innovation landscape, including increased funding, credit support, and focus on deeptech sectors.

4 Sources

Big Oil Pivots to Power AI: Exxon, Chevron, and Shell Bet on Tech Future Amid Industry Challenges

Major oil companies are shifting focus to powering AI data centers as traditional oil markets face challenges. This strategic move aims to capitalize on the growing energy demands of Big Tech's AI ambitions.

3 Sources

DeepSeek's AI Breakthrough: China's Leap Forward and the West's Response

Chinese AI company DeepSeek's recent advancements have sparked concerns about China's growing dominance in AI technology, prompting calls for a strategic response from Western nations, including Australia.

2 Sources

01 Feb 2025

India's Budget 2025: Boosting AI, GCCs, and Tech Startups with New Initiatives

India's Union Budget 2025-26 introduces significant measures to strengthen the country's AI and tech ecosystem, including a new Fund of Funds for startups, a national framework for Global Capability Centres, and investments in AI education and research.

4 Sources

Microsoft Forms Advanced Planning Unit to Study AI's Future Impact

Microsoft creates a new Advanced Planning Unit within its AI division to explore the future of AI, its societal implications, and guide product development.

3 Sources

DeepSeek's Cybersecurity Woes: Exposed Database Raises Serious Concerns

A cybersecurity firm discovers an unprotected DeepSeek database, exposing sensitive information and raising questions about the AI startup's security practices.

3 Sources

Meta's 2025 Strategy: Zuckerberg Prepares for 'Intense' AI-Focused Year

Mark Zuckerberg outlines Meta's ambitious plans for 2025, emphasizing AI development, data center investments, and strategic shifts in company policies during an all-hands meeting with employees.

3 Sources

DeepSeek's AI Breakthrough Shakes Korean Chipmakers and Global AI Industry

Chinese AI startup DeepSeek's recent breakthrough has sent shockwaves through the global AI industry, potentially impacting Korean chipmakers Samsung and SK hynix, while raising questions about Nvidia's market dominance and future AI development strategies.

2 Sources

Microsoft and CoreWeave Join New Jersey's $72 Million AI Hub Initiative

Microsoft and CoreWeave have partnered with the State of New Jersey and Princeton University to establish a $72 million AI Hub, aiming to boost innovation, research, and workforce development in the region.

2 Sources

OpenAI's o3-mini: A Leap Forward in AI Model Efficiency and Affordability

OpenAI introduces the o3-mini AI model, offering improved performance, cost-efficiency, and specialized capabilities for STEM tasks, while also presenting some limitations in areas like vision processing and multilingual support.

35 Sources

DeepSeek's AI Efficiency: A Double-Edged Sword for Energy Consumption

Chinese startup DeepSeek claims to have created an AI model that matches the performance of established rivals at a fraction of the cost and carbon footprint. However, experts warn that increased efficiency might lead to higher overall energy consumption due to the Jevons paradox.

5 Sources

Krutrim Hosts DeepSeek AI Models on Indian Servers, Boosting India's AI Ecosystem

Ola's AI platform Krutrim now hosts DeepSeek models on its cloud infrastructure, offering low-cost access to powerful AI tools and advancing India's position in the global AI race.

3 Sources

Perplexity AI Faces Trademark Infringement Lawsuit from Software Company

Perplexity AI, a venture-backed AI startup, is being sued by Perplexity Solved Solutions for alleged trademark infringement, highlighting the legal challenges in the rapidly evolving AI industry.

2 Sources

Bitfarms Pivots to HPC/AI: Strategic Partnerships and Asset Restructuring Signal New Direction

Bitfarms, a Bitcoin mining company, engages expert consultants to explore HPC/AI opportunities in North America and sells its Paraguay site, indicating a strategic shift towards diversification and geographical focus.

2 Sources

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