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    AI AND CLOUD COMPUTING IN INDIA

    “Beneficial for the world”—Ankur Warikoo, Vijay Shekhar Sharma laud India’s AI talent

    Students are going all out and doing things for themselves in this domain. All of that will trickle back into the economy,” says serial entrepreneur Ankur Warikoo

    IBM, TCS team up for India’s most advanced quantum hub

    The companies will install IBM’s most advanced quantum computer, IBM Quantum System Two with a 156-qubit processor, at the Quantum Valley Tech Park in Amaravati, Andhra Pradesh. A quantum computer uses the principles of quantum mechanics to process information, enabling it to solve certain complex problems that traditional binary computers cannot handle efficiently.

    Microsoft preparing to host Musk's Grok AI model

    Microsoft is set to host Elon Musk’s Grok AI model on its Azure cloud platform, according to The Verge. The move signals a deepening partnership with Musk’s xAI amid tensions with OpenAI. Grok will feature on Azure AI Foundry, though exclusivity and training support remain uncertain at this stage.

    AI is not a threat to human creativity but a powerful ally, say tech leaders

    At the World Audio Visual and Entertainment Summit (WAVES) 2025 in Mumbai, tech leaders emphasized that Artificial Intelligence (AI) is a powerful ally for human creativity rather than a threat. Adobe CEO Shantanu Narayen highlighted AI’s role in enhancing Indian creators’ capabilities, noting its impact on media, design, and regional language storytelling.

    Eternal Q4 earnings: Blinkit losses bite into Zomato’s profits

    Zomato parent Eternal reported a drop in its net profit due to increasing losses in Blinkit, even as food delivery growth continued to be subdued. This and more in today’s ETtech Top 5.

    Big Tech's fortunes diverge as AI powers cloud, tariffs hit consumer electronics

    The fortunes of Big Tech are diverging in a rapidly changing business landscape, as demand for artificial intelligence fuels growth in cloud and digital ads while consumer electronics take a battering from President Donald Trump's global trade war.

    • Big Tech's fortunes diverge as AI powers cloud, tariffs hit consumer electronics

      AI came to the rescue of earnings at Microsoft and Google-parent Alphabet in their March quarter, offering investors hope that their billion-dollar bets on the technology would help them ride out the fallout from sweeping US tariffs. The Trump administration has so far spared electronics from tariffs, but Washington has signaled that some levies could be imposed in the coming weeks.

      AI is about enabling pros to do more with their time: Nvidia's Kerris

      Richard Kerris, Vice President - Media & Entertainment, Nvidia, said that filmmakers and production houses are already seeing cost benefits in complex tasks like creating smoke, fire, or explosions, once requiring entire teams, can now be done more quickly using AI-powered tools.

      Microsoft puts brakes on AI spending as profit increases 18%

      Microsoft’s Q1 2025 results showed strong growth with $70.1 billion revenue and $25.8 billion profit, driven by 33% Azure growth and AI services. Capital spending fell slightly to $21.4 billion but remains high, with $85 billion forecast for the year. CEO Nadella cited efficiency and strong cloud demand.

      Meta, Microsoft reports lift AI-related stocks

      Following strong earnings reports from Meta and Microsoft, shares in AI and cloud computing companies surged on Wednesday. Microsoft's shares jumped over 6% due to strong Azure cloud growth, while Meta's rose more than 4% as AI-powered tools boosted advertising revenue. Nvidia increased 2.8%, Advanced Micro Devices increased 2%, and Amazon increased 3%.

      Microsoft reports strong results driven by cloud and AI

      Technology giant Microsoft posted robust quarterly results on Wednesday, with revenue rising 13 percent to $70.1 billion, powered by a strong performance in its cloud computing and artificial intelligence businesses. The company's Intelligent Cloud segment, a key part of Microsoft's business, showed particularly strong growth with revenue of $26.8 billion, up 21 percent.

      Meta quarterly profit climbs despite big cloud spending

      Meta reported a strong quarter with $16.6 billion profit and $42.3 billion revenue, beating expectations. Advertising remained robust despite economic uncertainties. CEO Mark Zuckerberg highlighted progress in AI, including nearly one billion Meta AI users and a new AI assistant app. Meta faces US antitrust scrutiny and rising AI competition.

      Microsoft forecasts strong growth for Azure cloud business, shares surge 7%

      Microsoft reported a 33% rise in Azure cloud revenue for Q3 2025, surpassing estimates and driven partly by AI, which contributed 16 percentage points to growth. The company forecasted 34-35% cloud revenue growth for Q4, easing concerns about AI demand slowdown and tariff impacts. Shares rose 7% after hours.

      IT may add 35-45% more AI roles in FY26 as deployments rise

      AI job growth in India is projected to surge by 45% in FY26, defying the tech sector's overall slowdown. Demand for roles like ML engineers, GenAI developers, and AI consultants is booming, though talent shortages persist. Companies offer high salaries to attract niche talent, especially in GCCs over IT services.

      Cast AI secures $108 million funding to expand cloud automation

      The oversubscribed round, which also saw participation from existing investors such as Aglae Ventures, valued the company at $850 million, a person familiar with the matter said.

      Can Sarvam AI overcome challenges to build India's first indigenous LLM under the INDIAai Mission?

      Sarvam AI, chosen by the Indian government, will build an indigenous foundational LLM under the INDIAai Mission, receiving 4,096 Nvidia H100 GPUs. This initiative, part of the ?10,372 cr INDIAai Mission, aims to democratize AI innovation and establish India as an AI powerhouse, addressing challenges like linguistic diversity, data cleansing, and talent acquisition.

      CtrlS Datacenters to invest Rs 500 crore for greenfield data centre in Bhopal

      The AI-ready data centre will be equipped with modern infrastructure, featuring advanced cooling and robust security systems. When operating at full capacity, it is expected to contribute Rs 7.5 crore annually each to the State Goods and Services Tax (SGST) and Central Goods and Services Tax (CGST).

      IndiaAI GPU tender: Lowest bidders receive AI workloads

      Under the IndiaAI Mission, MeitY assigned AI projects to Yotta, E2E Networks, and NxtGen, offering GPUs at subsidised rates. The companies will supply over 11,600 GPUs collectively. India offers the world’s lowest GPU usage rate, aiming to boost AI capabilities amid global chip shortages and rising demand.

      After years of failed AI deals, Intel plans homegrown challenge to Nvidia

      Intel aims to challenge Nvidia's AI chip dominance with a homegrown, holistic strategy under new CEO Lip-Bu Tan. Emphasising product refinement and full-system offerings, Intel will shift from acquisitions to in-house innovation, though analysts warn breaking into the market remains a steep, uncertain climb.

      Apple’s India pivot; Cloud, AI fuel Alphabet's gain

      Apple is seeking to assemble all iPhones sold in the US in India by next year, the Financial Times reported. This and more in today’s ETtech Top 5.

      Google says will buy back $70 billion in shares, posts earnings beat

      US President Donald Trump's trade policy has triggered worries of an economic downturn, prompting companies to rethink their spending on advertising. But analysts say the digital ad market still held its ground in the first quarter. "Search saw continued strong growth, boosted by the engagement we're seeing with features like AI Overviews, which now has 1.5 billion users per month," CEO Sundar Pichai said in a statement.

      Alphabet quarterly earnings lifted by cloud and AI

      Alphabet, Google's parent company, reported a $34.5 billion profit, driven by strong cloud and AI growth. However, it faces major US antitrust battles that could force it to divest Chrome or Android. Despite strong earnings, legal pressures threaten Google's dominance in search and advertising, with appeals ongoing

      Alphabet quarterly earnings lifted by cloud and AI

      Alphabet, Google's parent company, reported a $34.5 billion profit, driven by strong cloud and AI growth. However, it faces major US antitrust battles that could force it to divest Chrome or Android. Despite strong earnings, legal pressures threaten Google's dominance in search and advertising, with appeals ongoing

      India to nearly double GPU capacity to 29,000 under national AI Mission

      The government will offer the GPUs at Rs 67 per GPU hour. This is the government’s initiative to enable access to scarce and expensive GPUs for academia, MSMEs, startups, governments, public sector agencies, and others at affordable rates.

      AI gives voice to 200-year-old tree: Are we on the verge of speaking with nature?

      A pioneering project at Trinity College Dublin has given a 200-year-old tree a "voice" using on-device AI and environmental sensors. Dubbed “The Talking Tree,” it translates the tree’s bioelectrical signals into human language, allowing visitors to engage in meaningful dialogue. The project aims to enhance environmental awareness, aid conservation efforts, and reconnect people with nature.

      Worst of perception is over, but is business risk over? Out of many dozens of IT stocks, 6 stocks you need to keep an eye on

      The street responds to a set of numbers in a certain way at one point of time. At a different point, it will respond to a similar set of numbers in exactly the opposite manner. There are a couple of big lessons on investing in this. First, that street always thinks ahead and tries to price in whatever news is expected. Second, it pays a premium for the management being transparent. The way the street responded to the Q4 numbers of the IT majors underscores this.

      Freshers with AI skills in demand as employers prioritise tech-led roles: Report

      Per the Career Outlook Report 2025 by TeamLease EdTech, skills in robotic process automation, performance marketing, network security, and financial risk analysis are in demand.

      Significant percentage of employers plan to hire freshers with AI-related roles in H1 2025: Report

      A new report indicates that over 74% of Indian employers plan to hire freshers in the first half of 2025, with AI-related roles leading the demand. E-commerce, technology start-ups, and manufacturing sectors also show strong hiring intent. Bangalore, Mumbai, and Chennai are identified as key employment hubs, seeking talent in areas like robotic process automation and network security.

      AI is playing a key role in winning more deals: Google Cloud CEO

      Artificial intelligence is driving Google Cloud’s growth in India, shifting customer focus from cost to AI capabilities and tools, said Thomas Kurian, global CEO of Google Cloud. Google’s investment, including $75 billion in infrastructure, targets India’s booming AI startup ecosystem and enterprise sector, despite challenges like talent shortages and power use.

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