The Civil Aviation Authority of Singapore (CAAS) has awarded Thales a landmark contract to develop a new NexGen Air Traffic Management System (ATMS) and air traffic control radars, marking a major step towards a more efficient, safer and more sustainable aviation ecosystem. The NexGen ATMS will replace the current LORADS III system with Thales’ TopSky […]
As the US semiconductor company ramps up its R&D efforts for data infrastructure, cloud computing, and artificial intelligence (AI), Marvell Technology will spend USD 250 million in India over the next three years to increase its technological, human resource, and infrastructure footprint. The news was announced on Wednesday in conjunction with the company’s 20th anniversary […]
Gautam Adani, Chairman of the Adani Group, met with Microsoft CEO Satya Nadella to discuss the significant potential of artificial intelligence (AI) in technology. During the meeting, Microsoft announced a $17.5 billion investment in India over the next four years to propel AI diffusion. Adani expressed appreciation for Nadella’s insights and hands-on leadership, while Nadella […]
Prime Minister Narendra Modi, during the G20 Summit in Johannesburg, advocated for a global AI compact emphasizing a technology framework that is human-centric, global, and open-source. He underscored India’s inclusive technological advancements and outlined a three-pillar approach for AI: equitable access, skilling, and responsible deployment. Modi stressed the necessity of preventing AI misuse, especially in […]
Google has announced its largest investment in India to date, a $15 billion artificial intelligence hub in Visakhapatnam, with the aim of democratising technology and ensuring AI for All. The hub will include a purpose-built data centre campus, adding gigawatt-scale compute capacity to meet demand for digital services across India and the world. The investment, […]
Mumbai, July 15 (IANS) HCL Technologies on Monday announced that it has reported a 10 per cent decline in its consolidated net profit for the first quarter (Q1) of FY26 at Rs 3,843 crore, compared to Rs 4,257 crore in the same quarter the previous year (Q1 FY25). Despite the drop in profit, HCL Tech posted […]
Brasilia, July 7 (IANS) Prime Minister Narendra Modi has called on BRICS nations to collectively pursue the responsible use of Artificial Intelligence (AI), highlighting the importance of balancing innovation with governance. Speaking during the Outreach Session on Strengthening Multilateralism, Economic-Financial Affairs and Artificial Intelligence at the 17th BRICS Summit, the Prime Minister emphasised the need for […]
