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Budget 2025: Tech in Focus With Framework for GCCs, New 'Fund of Funds' for startups, CoE for AI
Finance Minister Nirmala Sitharaman announced a national framework for Global Capability Centres (GCCs), a Rs 500-crore Centre of Excellence in AI for education, and a deep tech 'Fund of Funds' in the Union Budget. The framework will guide states in promoting GCCs in Tier-2 cities, enhancing talent and infrastructure, building byelaw reforms, and f...
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Elon Musk Escalates Legal Feud With Sam Altman, Alleges OpenAI A "Monopolist"
Musk said in the filing that the company "has attempted to starve competitors of AI talent by aggressively recruiting employees with offers of lavish compensation and is on track to spend $1.5 billion on personnel for just 1,500 employees."
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India Likely To Add 33 Million Jobs To Its Workforce By 2028 In AI Era
Emerging technology will transform talent across India's key growth sectors, generating 2.73 million new tech jobs by 2028, according to new research by AI platform for business transformation, ServiceNow.
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Meta Is Offering Hollywood Stars Millions For AI Voice Projects
Negotiations between Meta and some talent representatives have stopped and started many times because the parties can't agree on terms for use of the actors' voices.
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"So Much Talent And Passion": Japanese Executive Who Spent 10 Years In India
The Japanese executive said that he collaborated with many team members and partners who supported his vision and projects.
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Tech Giants' Post-COVID Shift To Smaller Cities For Talent
IT companies are now expanding into smaller cities, in part to tap on workers like Ramachandran, and to capitalise on cheaper land costs, rents and wages.
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Nvidia CEO Praises India's AI "Talent" Amid Crackdown On China Market
During a five-day tour of India earlier this month, Nvidia Corp. Chief Executive Officer Jensen Huang visited four cities, dined with tech executives and researchers, took numerous selfies, and sat for a one-on-one conversation with PM Modi.
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Over 15,000 Indian Tech Workers Moved To Canada In 12 Months: Report
Over 15,000 Indian tech workers have moved to Canada in the span of just 12 months, from April 2022 to March 2023, indicating that the country has emerged as a global magnet for tech industry talent, according to Khalsa Vox.
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Vedanta Deepens Tech Push With $4 Billion Display Factory in India, to Create 3,500 Direct Jobs
The newly appointed CEO of Vedanta's untried display business is seeking to hire global talent to build and run a $4 billion (roughly Rs. 32,811 crore) factory in western India. YJ Chen says the display venture will soon begin recruiting from South Korea, Taiwan, Japan and other regions to set up a liquid crystal display panel fabrication unit in I...
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Indian Talent-US Tech Guarantees "Brighter Future": PM At Meet Of Top CEOs
Prime Minister Narendra Modi said on Friday that the coming together of Indian talent and US's technological advancement guarantees a bright future as he met business honchos of the two countries at the White House.
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ShareChat Announces Lay-Offs: "20% Of Our Incredibly Talented Employees"
ShareChat Layoff: Social media platform ShareChat has let go of 20 percent of its staff, saying it needs to prepare the company to sustain "several external macro factors that impact the cost and availability of capital".
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Rishi Sunak Unveils Plans To Attract Tech Talent To UK
UK PM Rishi Sunak on Monday unveiled a new scheme for the world's 100 most talented young professionals in the field of artificial intelligence (AI).
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India No Longer Known For Red Tape, But Red Carpet For Investors: PM Modi
Prime Minister Narendra Modi today said India is using technology as a weapon in the war against poverty, and the country's youth have ensured tech and talent globalisation.
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What Layoffs? Singapore Still Hiring Tech Talent Despite Job Cuts By Global Heavyweights
Despite mass layoffs at tech firms, professionals are nonetheless still in demand as companies of all stripes look to develop digital capabilities.
-
Tech Job Market In India May Get A Boost Amid Layoff In US
Large-scale layoffs in the US may have spooked techies in India. But the global downturn is likely to boost the domestic job market and trained talents are likely to find many takers, IT industry experts have said.
-
Budget 2025: Tech in Focus With Framework for GCCs, New 'Fund of Funds' for startups, CoE for AI
Finance Minister Nirmala Sitharaman announced a national framework for Global Capability Centres (GCCs), a Rs 500-crore Centre of Excellence in AI for education, and a deep tech 'Fund of Funds' in the Union Budget. The framework will guide states in promoting GCCs in Tier-2 cities, enhancing talent and infrastructure, building byelaw reforms, and f...
-
Elon Musk Escalates Legal Feud With Sam Altman, Alleges OpenAI A "Monopolist"
Musk said in the filing that the company "has attempted to starve competitors of AI talent by aggressively recruiting employees with offers of lavish compensation and is on track to spend $1.5 billion on personnel for just 1,500 employees."
-
India Likely To Add 33 Million Jobs To Its Workforce By 2028 In AI Era
Emerging technology will transform talent across India's key growth sectors, generating 2.73 million new tech jobs by 2028, according to new research by AI platform for business transformation, ServiceNow.
-
Meta Is Offering Hollywood Stars Millions For AI Voice Projects
Negotiations between Meta and some talent representatives have stopped and started many times because the parties can't agree on terms for use of the actors' voices.
-
"So Much Talent And Passion": Japanese Executive Who Spent 10 Years In India
The Japanese executive said that he collaborated with many team members and partners who supported his vision and projects.
-
Tech Giants' Post-COVID Shift To Smaller Cities For Talent
IT companies are now expanding into smaller cities, in part to tap on workers like Ramachandran, and to capitalise on cheaper land costs, rents and wages.
-
Nvidia CEO Praises India's AI "Talent" Amid Crackdown On China Market
During a five-day tour of India earlier this month, Nvidia Corp. Chief Executive Officer Jensen Huang visited four cities, dined with tech executives and researchers, took numerous selfies, and sat for a one-on-one conversation with PM Modi.
-
Over 15,000 Indian Tech Workers Moved To Canada In 12 Months: Report
Over 15,000 Indian tech workers have moved to Canada in the span of just 12 months, from April 2022 to March 2023, indicating that the country has emerged as a global magnet for tech industry talent, according to Khalsa Vox.
-
Vedanta Deepens Tech Push With $4 Billion Display Factory in India, to Create 3,500 Direct Jobs
The newly appointed CEO of Vedanta's untried display business is seeking to hire global talent to build and run a $4 billion (roughly Rs. 32,811 crore) factory in western India. YJ Chen says the display venture will soon begin recruiting from South Korea, Taiwan, Japan and other regions to set up a liquid crystal display panel fabrication unit in I...
-
Indian Talent-US Tech Guarantees "Brighter Future": PM At Meet Of Top CEOs
Prime Minister Narendra Modi said on Friday that the coming together of Indian talent and US's technological advancement guarantees a bright future as he met business honchos of the two countries at the White House.
-
ShareChat Announces Lay-Offs: "20% Of Our Incredibly Talented Employees"
ShareChat Layoff: Social media platform ShareChat has let go of 20 percent of its staff, saying it needs to prepare the company to sustain "several external macro factors that impact the cost and availability of capital".
-
Rishi Sunak Unveils Plans To Attract Tech Talent To UK
UK PM Rishi Sunak on Monday unveiled a new scheme for the world's 100 most talented young professionals in the field of artificial intelligence (AI).
-
India No Longer Known For Red Tape, But Red Carpet For Investors: PM Modi
Prime Minister Narendra Modi today said India is using technology as a weapon in the war against poverty, and the country's youth have ensured tech and talent globalisation.
-
What Layoffs? Singapore Still Hiring Tech Talent Despite Job Cuts By Global Heavyweights
Despite mass layoffs at tech firms, professionals are nonetheless still in demand as companies of all stripes look to develop digital capabilities.
-
Tech Job Market In India May Get A Boost Amid Layoff In US
Large-scale layoffs in the US may have spooked techies in India. But the global downturn is likely to boost the domestic job market and trained talents are likely to find many takers, IT industry experts have said.
