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NVIDIA CEO Jensen Huang Calls on India to Lead AI Revolution, Not Just Export Software!

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During a conversation with Tech Today’s Aayush Ailawadi, NVIDIA CEO Jensen Huang emphasized India’s potential to become a leader in the AI revolution, urging the country not to repeat history by becoming just a back office for AI development. Huang stressed that India, which played a key role in the IT revolution, should now focus on manufacturing intelligence locally rather than exporting software and talent abroad.

Insights from the Discussion

Ailawadi asked Huang how India could avoid the pitfall of becoming an outsourcing hub for AI, similar to its role during the IT boom. In response, Huang highlighted India’s unique position, saying:

“That’s exactly why we’re here. My discussion with Prime Minister Modi focused on this. Why export software and labor while the real development happens elsewhere? India has the data, infrastructure, and energy to build AI solutions domestically and export intelligence globally.”

Opportunities for Local Development

Huang pointed out that with AI models like LLaMA 3, which use open-source technology, India could create its own digital intelligence tailored to local needs. He also noted the opportunity to leverage India’s global diaspora by developing technology that serves cultural preferences.

“Millions of Indians worldwide want content in Hindi or other regional languages. That intelligence should be developed in India and shared globally.”

Strategic Collaborations

NVIDIA’s collaborations with Indian tech companies reflect a strategic shift towards positioning India as a global hub for AI development, moving away from its traditional role as a service provider to becoming a producer of AI-driven solutions.

Importance of Infrastructure

Huang emphasized that India’s existing data infrastructure and technological capabilities provide a solid foundation for developing advanced AI solutions. He believes that fostering local talent and innovation will be crucial for realizing this vision.

The Role of Government Support

The conversation also touched on the importance of government policies in promoting AI research and development. Huang urged Indian policymakers to create an environment conducive to innovation, including support for startups and investment in education focused on AI technologies.

Future Prospects

As India continues to invest in its digital infrastructure and talent pool, Huang’s call for local development could lead to significant advancements in AI capabilities within the country. By focusing on building indigenous solutions, India can not only enhance its technological landscape but also establish itself as a key player in the global AI market.

Conclusion

Jensen Huang’s insights underscore the potential for India to take a leadership role in the AI revolution by prioritizing local development over outsourcing. As Indian companies and government bodies collaborate to harness the power of AI, the nation stands poised to transform its technological landscape and contribute meaningfully to global advancements in artificial intelligence.

This proactive approach could ultimately position India at the forefront of innovation, enabling it to shape the future of AI while meeting both domestic and international demands for intelligent solutions.

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Setu Builds Fintech Powerhouse Leadership Team as Pine Labs IPO Nears

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Pine Labs

Setu, the API infrastructure platform and subsidiary of Pine Labs, has significantly strengthened its leadership by appointing Prashanth Nimmagada (ex-Razorpay) as Chief Technology Officer, signaling its commitment to innovation in India’s dynamic fintech landscape. Alongside Nimmagada, Setu has welcomed other top industry talent: Vijeth Pandit (ex-Razorpay) as Chief Product Officer, Ramkumar Thirumurthi (ex-Razorpay, co-founder Actyv.ai) as Chief Revenue Officer, Nikhil Ratanpal (ex-PhonePe) as Director of Product Development, and Santosh Subramanian (ex-Yes Bank, Wibmo) as Head of Finance. These high-profile hires accompany Anand Raisinghani’s (ex-SAP India) appointment as CEO, underscoring Setu’s focus on building a strong, experienced leadership bench to drive future growth.

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This leadership overhaul comes as parent company Pine Labs prepares for a major IPO, aiming to raise ₹2,600 crore through a fresh share issue after turning profitable in FY25. Setu’s enhanced leadership reinforces the broader group’s ambitions for international expansion, technological innovation, and financial performance. As Setu solidifies its role at the forefront of India’s fintech evolution, the company is poised to deliver advanced financial infrastructure solutions that support the country’s growing digital economy and drive Pine Labs’ strategic momentum.

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Sundar Pichai Reaches Billionaire Milestone as Alphabet CEO

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Sundar Pichai, the visionary CEO of Alphabet Inc., has officially entered the ranks of global billionaires, accomplishing this rare feat after a decade at the helm of one of the world’s most influential tech giants. Pichai’s net worth hit $1.1 billion—according to the Bloomberg Billionaires Index—fueled by Alphabet’s incredible market performance and the company’s growth of more than $1 trillion in value since early 2023. Achieving billionaire status without being a founding member sets Pichai apart, highlighting his significant impact among non-founder tech leaders.

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During his tenure, Pichai has championed aggressive investments in artificial intelligence and cloud infrastructure, positioning Alphabet at the forefront of technological innovation. While his annual salary sits at $2 million, the majority of his fortune stems from stock awards and financial incentives tied to performance. Pichai’s journey exemplifies the rise from modest beginnings to extraordinary success, serving as an inspiration and proving that transformative leadership and strategic vision can redefine what’s possible—even without a founder’s equity stake.

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IIT Hyderabad Unveils Palyanka, Heavy-Lift Drone for Air Ambulance Use

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Hyderabad - Drone

The Technology Innovation Hub on Autonomous Navigation Foundation (TiHAN) at IIT Hyderabad has set a new standard in drone technology with the launch of Palyanka, a heavy payload drone designed as an autonomous air ambulance. Capable of carrying up to 200 kg, Palyanka is engineered to swiftly transport patients, medical equipment, or critical cargo across challenging terrains, bypassing traditional barriers like road congestion and remote inaccessibility. This advanced UAV operates autonomously, making it highly effective for rapid response in both urban and rural emergencies, and stands at the forefront of disaster relief operations in scenarios such as floods and fires.

Built for versatility, Palyanka doesn’t just function as an air ambulance. Its robust design enables use in rescue missions, cargo deliveries, and even as an air taxi for metropolitan connectivity. Inspired by the Sanskrit word for palanquin, the name “Palyanka” reflects the drone’s role as a safe and efficient carrier. All components, from conceptual design to IP, have been developed in-house at IIT Hyderabad, ensuring the drone meets stringent standards for durability and performance under extreme conditions.

With a development journey spanning over five years and led by Prof. P. Rajalakshmi, TiHAN’s team has transitioned from early drone prototypes to a full-scale, high-capacity solution like Palyanka. The team is now preparing pilot projects in hilly terrains and working on further enhancing the drone’s endurance with innovative heat-resistant materials. By pioneering such indigenous solutions, IIT Hyderabad’s TiHAN is transforming emergency medical services and logistics, marking a pivotal advancement in India’s urban mobility and public safety landscape.

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