In order to promote financial inclusion and grow the digital economy, the World Bank and the Ministry of Electronics & Information Technology (Meity) are creating a state-level Digital Public Infrastructure (DPI) adoption index.In response to questions from Business Standard, the World Bank stated that planning was underway for the project."The state-level DPI index will help analyse gaps to strengthen...

By purchasing Paris-based AI startup Datakalab, Apple has increased the scope of its AI venture. The acquisition was announced by French media and was discreetly mentioned in a filing with the European Commission after it was completed on December 17. It's a component of Apple's alleged AI initiative. Xavier and Lucas Fischer created Datakalab in 2016, a company that...

Applications are being accepted for the third batch of Flipkart Ventures' accelerator program, Flipkart Leap Ahead (FLA). Flipkart Ventures states that the chosen businesses that integrate GenAI into their fundamental solutions for various industries will get equity investments ranging from $200,000 to $500,000. Applications from early-stage tech businesses can be submitted between April 22, 2024, and May 26, 2024....

Sundar Pichai, the CEO of Alphabet and Google, has revealed significant organizational adjustments meant to increase execution velocity throughout the digital behemoth. The goal of the reorganization is to accelerate the release of innovative technologies by combining the product and AI research teams. The consolidation of Google Research's and DeepMind's AI model development operations under the DeepMind brand is...

A share purchase agreement has been signed by ITC Infotech to acquire all of the shares of Blazeclan Technologies Private Limited, which is based in Pune. ITC's regulatory filing states that the acquisition by its wholly owned subsidiary, ITC Infotech India Limited, is subject to a total payment of up to Rs 485 crore, including contingent consideration that is...