Connect with us

Latest News

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

Published

on

NVIDIA CEO Jensen Huang Calls on India to Lead AI Revolution, Not Just Export Software!,Startup Stories,Startup Stories India,Latest Technology News and Updates,2024 Technology News,Tech News,startup news,Jensen Huang AI revolution,NVIDIA India collaboration,India AI leadership,AI innovation in India,Exporting software vs. AI leadership,Future of AI in India,AI development strategies,NVIDIA CEO speech,India tech industry growth,AI ecosystem in India,AI investments in India,Building AI capabilities,Global AI competition,India as an AI hub,Jensen Huang quotes on AI,NVIDIA,NVIDIA CEO,NVIDIA CEO Jensen Huang,AI,NVIDIA AI Development

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.

Continue Reading
Advertisement
1 Comment

1 Comment

  1. Registrera dig

    May 6, 2025 at 12:08 am

    Thanks for sharing. I read many of your blog posts, cool, your blog is very good.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Blissclub Raises INR 33 Crore in Fresh Funding Months After Layoffs

Published

on

Bliss_StartupStories

Blissclub, the women-centric D2C apparel brand, has raised INR 33 crore in a Pre-Series B funding round led by Elevation Capital, with Eight Roads Ventures also participating. This funding comes just three months after the company laid off 18% of its workforce-about 21 employees from creative, sales, marketing, growth, and product teams-due to high cash burn and challenges in securing new capital.

The latest investment was made through the allotment of 16,076 compulsory convertible preference shares (CCPS) at a premium of INR 20,428 each. Elevation Capital invested INR 19 crore, securing a 24.5% stake, while Eight Roads Ventures contributed INR 14 crore, raising its stake to 15.79%. The capital will be used for working capital, capital expenditure, and general corporate purposes.

Founded in 2020 by Minu Margeret, Blissclub started as an online activewear brand for women and has since diversified its product range and established offline stores. Despite recent restructuring, the company’s revenue grew 27% to INR 86.9 crore in FY24 from INR 68.3 crore in FY23, though net losses also increased to INR 43.9 crore.

Blissclub’s successful fundraising, despite recent layoffs, underscores both the ongoing challenges and the resilience of India’s D2C startup sector in a difficult funding environment.

 

Continue Reading

Latest News

Apple to Shift Entire US iPhone Assembly to India by 2026

Published

on

Apple - StartupStories

Apple is set to relocate all assembly of iPhones destined for the US market from China to India by the end of 2026, marking its biggest manufacturing shift in decades. The move is driven by escalating US-China trade tensions and steep tariffs—up to 145% on Chinese imports—making Chinese assembly increasingly costly for Apple. Although some smartphone imports are temporarily exempt, a 20% duty still applies to Chinese-made iPhones entering the US.

 

India, in contrast, offers a more favorable trade environment, with a paused 26% reciprocal tariff and ongoing negotiations for a bilateral trade deal with the US that could shield Indian exports from future levies. Apple plans to more than double its current iPhone output in India, aiming to assemble over 60 million units annually for the US market. The company already produces about 25% of its global iPhones in India, working with partners like Foxconn, Tata Electronics, and Pegatron.

 

This shift is part of Apple’s broader strategy to diversify its supply chain and reduce reliance on China amid geopolitical risks. However, the transition’s success will depend on how quickly India can scale up its manufacturing capabilities and the outcome of ongoing trade negotiations.


Continue Reading

Latest News

PhonePe’s PINCODE Launches 10-Minute Medicine Delivery in Cities

Published

on

PhonePe

PhonePe’s PINCODE app has launched a 24×7 online medicine delivery service in Bangalore, Mumbai, and Pune, promising delivery of both prescription and over-the-counter medicines within 10 minutes from nearby local medical shops. Unlike conventional e-pharmacies that use dark stores, PINCODE partners exclusively with neighborhood pharmacies, enabling faster deliveries and supporting local businesses in the digital economy.

Customers without prescriptions can select a “no prescription” option when ordering; a qualified doctor then provides a free teleconsultation and issues a digital prescription compliant with telemedicine guidelines, ensuring seamless access to medicines. The app offers competitive pricing by passing discounts from local pharmacies directly to customers and charges no delivery fees.

PINCODE’s hyperlocal model enhances healthcare accessibility and convenience while empowering local pharmacies, helping them remain integral to their communities and stimulating local economic growth. Launched in 2023, the app focuses on quick commerce with an emphasis on speed, reliability, and supporting local sellers.

In summary, PhonePe’s PINCODE app is transforming medicine delivery in major Indian cities by combining ultra-fast 10-minute delivery, free doctor consultations, and a hyperlocal sourcing model that benefits both consumers and neighborhood pharmacies.

Continue Reading
Advertisement

Recent Posts

Advertisement