AI firm Fractal expects strong growth on increased AI adoption
AI firm Fractal reports strong growth driven by increased AI adoption, crossing Rs 100 crore in net profit.
Read on Economic Times Tech →Solar Group chairman announces Rs 12,800 crore investment in robotics, drone, and deep tech projects over 3-4 years.
Why it matters
This substantial investment by Solar Group in robotics, drones, and deep tech signals a growing commitment to advanced technologies within India. While not exclusively AI, these fields heavily rely on and drive AI development, indicating a push towards AI-powered automation, surveillance, and innovation in the country. Such investments are crucial for building domestic capabilities in these strategic areas.
A large Indian company is investing a lot of money in new technologies like robots and drones. These technologies often use artificial intelligence to work.
AI firm Fractal reports strong growth driven by increased AI adoption, crossing Rs 100 crore in net profit.
Read on Economic Times Tech →The ongoing public feud between the Department of Defense and the AI company Anthropic has raised a deep and still unanswered question: Does the law actually allow the US government to conduct mass su
Read on MIT Technology Review →City Detect, a company using AI to help local governments prevent urban decay and improve city safety/cleanliness, has raised a $13M Series A round. It currently operates in 17 cities.
Read on TechCrunch →