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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The second outlay of Rs 10,000 crore for Indian VC firms was announced by finance minister Nirmala Sitharaman during the budget speech in February.
The Ministry of Commerce and Industry will allocate a major part of its second Rs 10,000 crore fund of funds scheme for startups to companies in new-age technology sectors like artificial intelligence and machine building, according to PTI.
There are many countries that invest their wealth into sovereign wealth funds. Examples include the Government Pension Fund of Norway and China Investment Corporation. But these funds have an investment strategy built with the objective of getting a return on investment. However, the objective of the “fund of funds” set up by the Indian government is unclear. While it appears to …
A churn in venture capital collides with the fear of missing the AI wave, while the Ajay Singh-led airline’s recurring crises raise deeper questions.
The retired banker wants India’s top companies to invest in AI. But the capital, ambition, and urgency simply aren’t there.
From GPUs to LLMs, India’s AI stack is deeply global—making ‘sovereign AI’ more aspiration than reality.
