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Ola to launch India’s first AI chip by 2026
Ola’s AI subsidiary, Krutrim, is spearheading the development of this AI chip, which, if successful, will position Ola as a competitor to industry giants like Nvidia, AMD, and Intel. Global tech leaders such as Meta, Google, Apple, and Amazon are also in the race to develop proprietary AI chips.Read more
Indian Govt to offer Rs 760 bn incentives for semiconductor industry
In total, Government of India has committed support of Rs 2.30 trillion ($ 30 billion) to position India as global hub for electronics manufacturing with semiconductors as the foundational building block.Read more