India’s GenAI Ecosystem Sees Explosive Growth, Startup Count Triples to Over 240
India’s Generative AI (GenAI) ecosystem is experiencing a boom as the number of startups is tripling to more than 240 in one year. It is an explosive growth and reflects increasing relevance of the country in the global AI landscape. Bengaluru is leading the charge by 43% space. The cities which closely followed are Ahmedabad, […]
AI to Accelerate Foreign Investment and Growth in India’s Startups: John Chambers
Former CEO and executive chairman of Cisco Systems, John Chambers, highlighted a bold vision lately for India’s startup ecosystem. He tried to explain the hinges on the transformative power of artificial intelligence (AI) during a CNBC-TV18 fireside chat at the US-India Strategic Partnership Forum’s Annual India Leadership Summit 2024. The optimism of Chambers about India’s […]
AI-Driven Industrial Robotics Startup Haber Nets Secures $38M for Factory Automation
Haber Nets has lately secured $38 million in a funding round. It is an AI-driven industrial robotics startup. It is set to revolutionize automation in various industries as the world today is of efficiency, sustainability and precision to stay competitive. It is set to reshape the operations of factories. Haber Nets was founded by Vipin […]
India Surges to 21% Share in Global AI App Downloads, Favoring Chatbots, Editors
India’s rise to claim 21% of global AI app downloads in the first eight months of 2024 signals a massive shift in the country’s tech ecosystem. With over 2.2 billion AI app downloads globally during this period, India’s growing appetite for AI tools along with image and video editors is nothing short of remarkable. But […]
SensiML Incorporates RISC-V to Revolutionize AI in Resource-Constrained IoT Devices
SensiML has lately integrated RISC-V in its AI development toolkit and it is believed to be an important moment for AI future in the IoT devices. The company is learned to be well-positioned in democratizing AI for developers. It is not to forget that this is an era of edge computing. The integration is also […]
How AI Enhances Predictive Analytics: Real-World Applications and Benefits
Success is not just about having access to data in today’s digital economy. It is about knowing how to use the data wisely. Businesses that stand out from the competition are not just relying on traditional analytics anymore. They are turning towards Artificial Intelligence (AI) to benefit from the predictive analytics. The shift is helping […]
Vahan.ai Leveraging AI to Enhance Job Opportunities for India’s Gig Workforce
This is an era of technology and it is increasingly shaping the job market. Bengaluru-based startup Vahan.ai is leveraging AI to transform the gig economy. It was founded by Madhav Krishna in 2016. It is revolutionizing the connection between employers and blue-collar workers. It is revolutionizing India’s gig workforce. It already placed more than 500,000 […]
AI Startup Nayan Tech Raises $2M to Scale Smart City, Road Safety Solutions
Urbanization is accelerating at a rapid pace lately and there has been urgent call for smart city solutions. Startup Nayan Tech is working in the same direction. It has lately secured $2 million in pre-Series A funding and led by BEENEXT and backed by investors like We Founder Circle, Venture Catalysts, Lets Venture and FAAD […]
Meta Unveils ‘Movie Gen’ AI, Game-Changer in Video and Audio Generation
Meta has lately launched Movie Gen, an AI model designed to create video and audio clips based on user prompts. It is believed to reshape the content creation segment. It is said to be a direct competitor to OpenAI, ElevenLabs and a couple of more industry giants. Meta is showcasing its ability to generate video […]
How AI is Transforming Patient Diagnosis: A Guide to Emerging Technologies
Artificial Intelligence (AI) is changing the healthcare industry rapidly. The technology is revolutionizing patient diagnoses and treatments. It is enhancing diagnostic accuracy and providing personalized treatment plans. However, it is a myth that AI can fully replace human touch in medicine as there are complexities in the healthcare system and personal care is required for […]