India is waiting for AI’s UPI-like moment

India’s artificial intelligence (AI) story is slowly playing out, but for the true unlocks to happen, there needs to be large-scale adoption of the technology, according to panellists at the Mint India Investment Summit 2026. India’s AI infrastructure buildout is well on its way, with firms such as Yotta Data Services, Neysa Networks, and Sify…

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Why Blackstone’s $1.2 billion bet on Neysa matters for India’s AI future

The deal comprises about $600 million in primary equity from Blackstone and co-investors, with plans to add up to another $600 million in debt financing for expansion. Unlike consumer-facing AI tools, Neysa occupies the layer beneath—the compute infrastructure and essentially the Graphics Processing Unit (GPU)-powered data centers that train and run AI models. The company…

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Davos 2026: Ashwini Vaishnaw rebuts IMF chief’s remark calling India ‘Second-Tier AI Power’ watch

Union Minister for Electronics and IT Ashwini Vaishnaw on Wednesday rejected the International Monetary Fund’s (IMF) Managing Director Kristalina Georgieva’s suggestion that India belongs to a second tier of AI economies, saying that India is clearly in the first group globally. “I don’t know what the IMF criteria has been, but Stanford places India as…

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