TECHNOLOGY
Param Siddhi supercomputer to be upgraded with 8 Nvidia H100 GPUs, more nodes
Param Siddhi, part of the the Param Siddhi-Airawat AI (PSAI) supercomputer system, is at present powered by Nvidia A100 GPUs. The upgrade will make the supercomputer system faster and help in handling larger, more complex workload
BUSINESS
IndiaAI Mission: Industry seeks clarity on 'restrictive' GPU tender, govt to extend deadline for submitting bids
During the pre-bid meeting for the procurement of GPUs, the industry told the government that mandating a minimum of 1,000 GPUs per bidder was restrictive for smaller players such as startups, MSMEs and so on
BUSINESS
Defence Ministry flags use of Chinese parts in drones of Dhaksha Unmanned Systems, Sky Industries and Dhoni-backed Garuda Aerospace
While Dhaksha denied using Chinese parts in its drones, Garuda Aerospace said components that are integrated meet all regulatory standards.
BUSINESS
At IndiaAI meet, industry asks MeitY to explore AI startup ranking system for credibility, access to funding
Industry stakeholders proposed a scoring system for figuring out which Indian AI startup was doing how well, and investors could rely on these scores to extend funding
TECHNOLOGY
Delhi HC directs Centre to furnish blocking order for Briar messaging app
The Delhi High Court directed the Union government to furnish the order, either redacted or its summary to Briar within 2 weeks
BUSINESS
Centre's incentive plan for space manufacturing to take into account states' policies
The policy was announced on the occasion of National Space Day by IN-SPACe chairman Pawan K Goenka. The final approval is awaited
TECHNOLOGY
Telegram being investigated in India over extortion, gambling concerns
The messaging app could even be banned, depending on the probe findings, a government official has told Moneycontrol. Telegram CEO Pavel Durov was arrested in Paris over the weekend as the platform's content moderation faces increased global scrutiny
BUSINESS
For every dollar, India's space sector has given back $2.54 to the economy: Report
The report also found that Indian space sector has contributed $60 billion to the Indian GDP over the last decade and supported more than 4.7 million jobs in the country
BUSINESS
Global tech firms seeks clarity from government on laptop import policy as deadline nears
The Information Technology Industry Council, whose members include Apple, Google and Lenovo, has called for a smooth transition and adherence to international trade in deciding the import policy
BUSINESS
DPDP Rules: NCPCR to recommend MeitY to bring in KYC-based age verification for children
On August 13, the National Commission for Protection of Child Rights (NCPCR), during a meeting, "warned" social media platforms and urged them to implement KYC-based systems for verifying children's age
BUSINESS
Space startup CEOs applaud Rs 1,000-crore VC fund, but say more govt investment needed for growth
In the FY25 Budget, the government has set aside Rs 1,000-crore for venture capital fund to give a boost to space economy
BUSINESS
Industry to seek clarity on I&B ministry's plan to issue fresh draft of broadcasting bill
The industry is seeking clarity over which version of the Broadcasting Services (Regulation) bill consultations will be held
BUSINESS
Govt withdraws controversial version of Broadcasting Bill 2024, to release fresh draft post October
On August 12, several stakeholders had received calls from the government asking them to return the physical copies of the the controversial Broadcasting Services (Regulation) Bill, 2024, that proposed to bring social media creators under the ambit of broadcast regulation
BUSINESS
Digital Competition Bill can derail MSME ecosystem, say small and medium businesses
Members of India SME Forum, the largest association of SMEs in India, were not only concerned with the immediate impact of the Bill, but also felt that it could be a deterrent for India’s Viksit Bharat goals.
BUSINESS
DPDP: Rules of data protection act likely to be out by end of ongoing Parliament session for consultation
The upcoming rules may bring in exemptions for certain institutions from restrictions on processing of personal data, put onus on data fiduciaries to immediately inform data protection board in case of breaches and so on
BUSINESS
MC Explains: How India's new broadcast bill could affect influencers like Dhruv Rathee and BeerBiceps Ranveer Allahbadia
The draft law proposes to place influencers and content creators under government oversight.
BUSINESS
MeitY raises alarm over data breaches impacting trust in DPI initiatives
Distrust around India's DPI arises from privacy and security concerns. Issues include data breaches, unauthorised access, and potential misuse of the biometric and demographic data collected.
BUSINESS
India's laptop import policy tangled as Centre debates manufacturer, consumer concerns
The Commerce Ministry and MeitY are seemingly in a bind over the way ahead for the import policy as the country looks to balance concerns around price pressures on consumers and the need to boost local manufacturing and reduce dependency on inbound shipments.
BUSINESS
MeitY worried about the Big Tech 'making people vulnerable', flags spike in data usage
The government identified Google, Uber, Alibaba, Airbnb, Facebook and Amazon among the Big Tech players driving increased data consumption
BUSINESS
IN-SPACe invites industry to build and manage satellite system under PPP model
Through the proposal, IN-SPACe is looking at Indian companies to design, build, and establish constellation of satellites in Low Earth Orbit having a combination of sensors including panchromatic, multispectral, hyperspectral and microwave.
BUSINESS
IIT-Kanpur professor among astronomers to discover 'Super Jupiter' outside our solar system
Dr Prashant Pathak is among the team of astronomers have to discovered Epsilon Indi Ab, also called 'Super Jupiter' as its mass is more than six times that of Jupiter, the largest planet of our solar system
BUSINESS
Rs 1,000-crore VC fund for space economy will give boost to entrepreneurs, pvt players: IN-SPACe chairman Pawan Goenka
Finance Minister Nirmala Sitharaman announced the Rs 1,000 crore VC fund for space economy with the objective of expanding the ecosystem by 5 times in the next 10 years
BUSINESS
Uncertainty in job sector, impact on environment: Five important points that Economic Survey makes on AI
While referring to studies, the Economic Survey 2023-2024 said that artificial intelligence is likely to restrain growth for business services progressively and, therefore, may pose a challenge to long-term sustainability and job creation
BUSINESS
Bengaluru drone start-up Aereo raises $15 million in Series B funding
Vipul Singh, CEO of Aereo, stated that the new funds will be used for R&D, product development, and business expansion in India and overseas.
