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Swiggy Shutters SNACC Swiggy has pulled the plug on its 15-minute food delivery app, SNACC. While the foodtech major internally…

For the modern Indian woman, choosing jewellery has always been a challenge. There is high-priced fine jewellery, premium fashion jewellery…

GenAI startup Portkey has raised $15 Mn (nearly ₹136.6 Cr) in its Series A funding round led by Elevation Capital.…

Bidding to become the second listed edtech startup in India, after PhysicsWallah, LetsVenture-backed Klassroom has filed its DRHP with the…

Over the past decade, India’s startup ecosystem has evolved from being a capital-starved, metro-centric experiment to a far more inclusive…

Food delivery major Swiggy has shut its 15-minute food delivery app SNACC, nearly a year after launching it, as the…

Electric mobility startup Pluto Mobility has raised $2 Mn (₹18.21 Cr) in a seed funding round led by Version One…

OpenAI will be expanding its operations to India later this year with the opening of offices in Bengaluru and Mumbai. Notably, the ChatGPT creator...

Crypto startup CoinDCX has announced its “largest-ever” ESOP (employee stock ownership plan) liquidity event, amounting to ₹111 Cr. The buyback…

Billionaire Mukesh Ambani on Thursday unveiled plans to invest Rs 10 lakh crore in artificial intelligence over the next seven years, marking one of the largest commitments to AI infrastructure announced in India.Addressing the India AI Impact Summit, the Reliance Industries Ltd chairman positioned the initiative as the next phase of Jio’s digital transformation playbook — this time aimed at lowering the cost of computing power and AI access across the country.“Jio connected India to the Internet Era. Jio will now connect India to the Intelligence Era,” Ambani said. “India cannot afford to rent intelligence. Therefore, we will reduce the cost of intelligence as dramatically as we did in the case of data.”The investment, beginning this year, will be deployed through Jio and Reliance to build what Ambani described as sovereign AI infrastructure at scale. “Jio, together with Reliance, will invest Rs 10 lakh crore over the next seven years,” he said, adding that the capital outlay is “not speculative” but intended to create long-term economic and strategic value.Also ReadAMD, TCS expand partnership to build AI data-centre infrastructure in IndiaAmbani outlined a three-pronged approach to the buildout.First, Reliance has begun constructing multi-gigawatt AI-ready data centres in Jamnagar, with more than…  ​Read More​YourStory RSS Feed