Indian foundational models debut; next stop AI Mission 2.0

India’s first foundational artificial intelligence models launched on Wednesday, marking a leap for the country targeting a leadership role in the transformative technology sweeping the world. Bengaluru-based Sarvam AI, backed by investors such as Peak XV and Vinod Khosla, unveiled three foundational AI models with 3-billion, 30-billion and 105-billion parameters. The company, the first to…

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Qualcomm chief pledges $150mn fund for AI startups in India visit

New Delhi: US chipmaker Qualcomm Inc has set aside $150 million for a dedicated venture capital fund targeting artificial intelligence startups in India, chief executive Cristiano Amon said on Wednesday. The announcement, made during Amon’s visit to India, comes after a spate of investment announcements on Tuesday, including the expansion of India Deep-Tech Alliance (IDTA)’s…

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