Sarvam launched the original vision model in February as part of its efforts to build homegrown, "sovereign" AI systems tailored to India. The model was designed to read scanned documents and images and convert them into usable digital text, a task known as optical character recognition (OCR).
Happy Monday! The next set of investments under India’s semiconductor scheme are expected to begin in the next six months, IT minister Ashwini Vaishnaw told us. This and more in today’s ETtech Morning Dispatch.
The three-member team from cybersecurity firm Hacktron AI included chief technology officer Mohan Pedhapati, along with researchers Harsh Jaiswal and Rahul Maini.
Amazon has launched Alexa+ in India with support for English, Hindi and Hinglish. The generative AI-powered assistant is initially available for free through Early Access.
Cars24 India’s FY26 revenue fell 18% to Rs 5,092 crore as its core used-car business weakened, even as losses narrowed 19% amid lower costs, AI-led efficiencies and growth in ancillary services.
Cradlewise has raised $12 million to expand its AI-powered cribs, as questions remain over its finances, child data collection and compliance with India’s DPDP framework.
The investment by the corporate venture capital arm of IndiGo builds on an existing relationship between the two entities. Both companies previously collaborated to deploy artificial intelligence technologies aimed at enhancing passenger experience, assisting airline staff, and streamlining operational workflows acros…
MeitY has invited AI-capable agencies to build a Unified AI Team that will develop AI services across government platforms such as UMANG and DigiLocker.
“Every large enterprise should be investing in AI,” Singh said at The Economic Times World Leaders Forum in New Delhi. Pointing to HCLTech’s investment in Indian foundational model startup Sarvam AI, and global bets such as Amazon’s backing of Anthropic, he said corporate balance sheets can deploy capital at a scale m…
The study found that the gap in AI readiness was the widest difference between the two groups. About 56% of Indian respondents said AI and automation were making it slightly or much harder to get their desired job. This was close to the 59% of global graduates who saw AI as a barrier of some kind.
Experts at the MediaNama event were divided on whether TRAI's anti-spam rules should include platforms like WhatsApp, while they opined that AI spam signals sharing should inform operators, not dictate.
Aum Ventures has raised Rs 225 crore in the first close of its Rs 750 crore India Innovation Fund II, targeting early-stage Indian deeptech startups across space, semiconductors, AI, defence and advanced manufacturing.
Artificial intelligence can chat, translate and answer questions but only if it understands your language. At IIT Madras, researchers at AI4Bharat are travelling across India, collecting voices, preserving dialects and teaching AI to understand the country’s incredible linguistic diversity.
Underlining that safe harbor for AI platforms depend on their nature of service and function, MeitY said the IT Act is "technology-neutral" & applicable to computer resources irrespective of the tech used. The post Parliament question asked if AI platforms get safe harbor. Here’s what MeitY said & what we think appear…
Nasscom has urged the Supreme Court to define high-risk AI use and clarify that technical audits should not automatically require source code disclosure.
AI infrastructure and data-centre company Yotta Data Services raised roughly $150 million in primary capital at a ~₹37,000 crore valuation. Yotta plans to scale its AI cloud to over 40,000 Nvidia Blackwell GPUs within four months and around 85,000 GPUs by fiscal year-end — positioning it among the largest AI compute platforms outside the US and China.
The foundit Insights Tracker reports 64% of new Global Capability Centre (GCC) roles created in India in 2026 require AI, data science, or intelligent automation skills — up from just 11% in 2021. GCC hiring is projected to reach 510,452 jobs by end-2026, up 12% year-on-year, with growth spreading to tier-2 cities like Coimbatore and Indore.
Naukri's JobSpeak report shows AI-related hiring in India's IT sector rose 16% year-on-year in June even as overall IT job postings fell 3%. Insurance and consumer goods showed the sharpest rise in AI-linked hiring; TCS said it is moving toward a 1:1 ratio of employees to AI agents.
Layoffs.fyi data shows AI-led global tech layoffs hit 1.28 lakh employees by July 1, 2026 — already exceeding all of 2025. India accounts for 7.16% of the global total, the second-highest share after the US. Within India, education (21.67%) and finance (14.73%) saw the largest share of AI-linked job cuts.
A senior MeitY official confirmed India's two-pronged AI strategy: lean on capable open-source models while building indigenous systems that reach 60-80% of frontier-model capability. The IndiaAI Mission is currently supporting 20 Indian AI models under development.
MeitY is overhauling the IndiaAI Mission in response to export controls on frontier AI models from the US, shifting focus to four pillars: sovereignty, safety, talent, and research. A higher outlay than the original ₹10,372 crore is under active discussion with industry and researchers.