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India Prepares for an AI-Powered Future with Industry Mentorship and Hands-On Skill Development

As the Union Budget 2025 approaches, industry leaders are urging the government to prioritize Artificial Intelligence (AI) and Data Science to drive economic transformation. Pratap Daruka, CFO of Tredence, suggests that offering tax rebates to companies focusing on skill-based hiring, upskilling, or lateral skilling initiatives could foster a culture of continuous learning and adaptability.   Bridging the Investment Gap in …

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India Set to Emerge as a Global AI Leader: Union Minister Nishikant Dubey

Union Minister Nishikant Dubey has emphasized India’s commitment to advancing artificial intelligence (AI), stating that the country is on track to becoming a world leader in the field. Speaking after a meeting of the Parliamentary Standing Committee on Communications and IT, Dubey highlighted AI’s transformative impact on India’s economy and employment sector.   AI’s Role in India’s Economic Growth Dubey …

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EU Unveils InvestAI: A €200 Billion Initiative to Lead in AI Innovation

At the Artificial Intelligence (AI) Action Summit in Paris, European Commission President Ursula von der Leyen introduced InvestAI, a groundbreaking initiative aimed at mobilizing €200 billion for AI advancements. This initiative includes a €20 billion fund dedicated to developing AI gigafactories, large-scale AI infrastructure designed to foster open and collaborative AI model development, solidifying Europe’s position as a leader in …

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Semiconductor Startup Baya Systems Raises $36M to Drive AI and IoT Innovation

Semiconductor startup Baya Systems has secured $36 million in a Series B funding round led by Maverick Silicon, with participation from Synopsys, Matrix Partners, and Intel Capital. This investment will fuel the development and deployment of Baya’s software-driven system IP technology for system-on-chips (SoC), aimed at accelerating AI and IoT innovation.   Revolutionizing AI and IoT with System-of-Chips Baya Systems …

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The Rise of DeepSeek: How It Shook Tech Stocks and Challenged US AI Dominance

DeepSeek, a Chinese artificial intelligence company, has made waves in the global tech landscape with the launch of its AI-powered chatbot app, which has become the most downloaded free app on Apple’s store in the US since its release in January. This unexpected rise has not only captured public attention but also triggered a ripple effect in financial markets, shaking …

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Delta Electronics Accelerates Smart Energy Expansion with $525M Bond Issuance

Delta Electronics has unveiled a bold step toward global expansion and technological advancement with the issuance of $525 million in overseas exchangeable bonds. These funds aim to fuel the development of next-generation IoT-based smart energy-saving solutions to support AI, smart manufacturing, e-mobility, and the energy transition.   The bonds, issued through Delta International Holding Limited, a subsidiary of the Taiwanese …

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