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ETtech @ETtech

Breaking news, insights & smart analysis on the business of technology, startups & the new economy in India, from the reporters at The Economic Times.

Joined February 2015
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📢📢Anthropic ban: Sarvam AI's Pratyush Kumar warns against reliance on foreign models 📌A US ban on advanced AI models has highlighted the vulnerability of foreign reliance, according to Sarvam AI's Pratyush Kumar.
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🚫The Trump administration on Friday ordered Anthropic to cut off access to its two most advanced models, Fable 5 and Mythos 5, for all foreign nationals, whether inside or outside the United States Read more at⬇️ economictimes.indiatimes.com…

Anthropic ban: Sarvam AI's Pratyush Kumar warns against reliance on foreign models - The Economic...

A US ban on advanced AI models has highlighted the vulnerability of foreign reliance, according to Sarvam AI's Pratyush Kumar. He urged Indian firms to embrace sovereign AI, building systems domest...

economictimes.indiatimes.com
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🆕 Mag 7? MANGOS? SpaceX forces name rethink on Wall Street's tech-stock moniker The IPO, the biggest in US history, vaulted SpaceX's value above two Mag 7 members: CEO Elon ‌Musk's other company, Tesla , ⁠and ⁠Meta Platforms. economictimes.indiatimes.com…

Mag 7? MANGOS? SpaceX forces name rethink on Wall Street's tech-stock moniker - The Economic Times

The IPO, the biggest in US history, vaulted SpaceX's value above two Mag 7 members: CEO Elon ‌Musk's other company, Tesla , ⁠and ⁠Meta Platforms. With trillion-dollar contenders such as OpenAI and...

economictimes.indiatimes.com
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👉 India’s staffing firms are stepping up their overseas play as global talent shortages increase demand for skilled professionals and open up lucrative opportunities across markets.
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🔸The opportunity spans far beyond technology roles, though AI and cybersecurity continue to figure prominently on the list, as per experts. 🔸Demand is accelerating for workers across healthcare, engineering, logistics, manufacturing, construction and hospitality.
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Indian staffing cos step up global reach to diversify revenues By @sreeradhabasuET Read more: economictimes.indiatimes.com…

Indian staffing cos step up global reach to diversify revenues - The Economic Times

Indian staffing companies are actively expanding their global reach. They are tapping into international talent shortages across sectors like healthcare, engineering, and technology. This strategic...

economictimes.indiatimes.com
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🆕 The US government’s decision to prohibit foreign nationals from accessing Anthropic’s Mythos and Fable 5 AI models could spell a significant competitive disadvantage for Indian enterprises and IT services providers, said industry executives and experts.
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👉 Mythos had a three-month head start before a handful of Indian companies were admitted to Project Glasswing. 👉 Now, exclusion from Fable 5’s advanced coding capabilities could place India’s tech service providers at a disadvantage to American rivals.
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US ban on Anthropic's Fable 5 & Mythos 5 to put Indian IT services firms at competitive disadvantage By @HimanshiET economictimes.indiatimes.com…

US ban on Anthropic's Fable 5 & Mythos 5 to put Indian IT services firms at competitive disadvant...

US restrictions on foreign access to Anthropic's advanced AI models, Mythos and Fable 5, are creating a significant competitive disadvantage for Indian enterprises and IT service providers. This...

economictimes.indiatimes.com
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💰Former Paisabazaar CEO Naveen Kukreja is in talks to raise the first institutional funding round for his new venture, two people in the know told us. 📌 The startup is looking to raise about $9 million, with two venture funds and Kukreja himself expected to participate.
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Read the full story on: economictimes.indiatimes.com…

Former Paisabazaar CEO Naveen Kukreja eyes $9-million raise for new wealthtech bet - The Economic...

Former Paisabazaar CEO Naveen Kukreja is reportedly seeking $9 million for his new wealthtech startup, aiming to build a platform for retail investors. The venture will focus on investment advisory,...

economictimes.indiatimes.com
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Jun 13
🚨🚨 A district court in the United States has dismissed patent infringement complaints against mid-tier IT service provider Hexaware Technologies, filed by US-based Natsoft Corporation and its affiliate, UK-based Updraft, the company said on Friday.
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Jun 13
US district court rejects patent claims against Hexaware Technologies Read more at: economictimes.indiatimes.com…

US district court rejects patent claims against Hexaware Technologies - The Economic Times

A US district court dismissed patent infringement claims against Hexaware Technologies, ruling that Natsoft Corporation's asserted patents covered abstract ideas, not concrete inventions, and were...

economictimes.indiatimes.com
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Jun 13
📢📢 The government should help create stronger market access for locally developed chips and offer intellectual rights protections and procurement support to help the nascent industry grow, founders of multiple Design Linked Incentive (DLI)-backed semiconductor startups told ET.
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Jun 13
📌 The Rs 1,000-crore DLI scheme has helped build domestic chip-design capabilities, backing 24 domestic startups and MSMEs so far, but there is no incentive for electronics makers to adopt Indian chips for products aimed at the domestic market, they said.
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Jun 13
DLI-backed chip companies call for government procurement support By @SurakshaPinnuET Read more at: economictimes.indiatimes.com…

DLI-backed chip companies call for government procurement support - The Economic Times

Indian semiconductor startups are urging the government for stronger market access and intellectual property protection. They highlight the need for procurement support to foster growth and maintain...

economictimes.indiatimes.com
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Jun 13
📢📢 Tata's iPhone parts factory contaminated farmland water, India pollution body alleges Read more at: economictimes.indiatimes.com…

Tata's iPhone parts factory contaminated farmland water, India pollution body alleges - The...

An Indian pollution regulator has warned Tata Electronics, a key supplier for Apple's iPhones, about a potential factory shutdown. The regulator alleges wastewater from the Tata plant in Hosur has...

economictimes.indiatimes.com
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Jun 13
📢📢 Marc Andreessen critiques AI regulation debate after Anthropic model shutdown Read more at: economictimes.indiatimes.com…

Marc Andreessen critiques AI regulation debate after Anthropic model shutdown - The Economic Times

Marc Andreessen, a cofounder of Andreessen Horowitz, has voiced strong opinions on artificial intelligence regulation. His comments follow the US government's order to suspend access to Anthropic's...

economictimes.indiatimes.com
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Jun 13
🎯🎯 IndiaAI Mission-supported startups have so far created 20 foundational artificial intelligence models, of which five have been released, electronics and information technology secretary S Krishnan said on Friday.
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Jun 13
20 foundational AI models created under IndiaAI Mission, 5 released : MeitY secretary Read more at: economictimes.indiatimes.com…

20 foundational AI models created under IndiaAI Mission, 5 released : MeitY secretary - The...

IndiaAI Mission has fostered the creation of 20 foundational artificial intelligence models. Five of these models have now been released. Avataar AI has launched Varya, the first homegrown distilled...

economictimes.indiatimes.com
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