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India can build low-cost AI models just like Chandrayaan, Says Union Minister Ashwini Vaishnaw

Union Minister Ashwini Vaishnaw—responsible for Railways, Information & Broadcasting, and Electronics & IT—will outline his vision for building a digital news ecosystem that is both credible and efficient.

Vaishnaw who was in conversation with OpenAI CEO Sam Altman said, “Our country sent a mission to the moon at a fraction of the cost that many other countries did, right? Why can’t we do a model which will be a fraction of the cost that many other countries do?”

Sam Altman clarifies AI cost remarks, says low-cost LLMs are now ‘doable’

Sam Altman's comments come at a time when there is debating raging, especially after the success of DeepSeek,

Back in 2023, Altman had said that it was “totally hopeless” for smaller teams with limited budgets to compete with OpenAI on training foundation models, a remark that sparked considerable debate in the AI community.

India’s AI influence growing as OpenAI user base triples, says OpenAI CEO Sam Altman

The discussion also delved into challenges currently faced by companies using OpenAI's products, and deliberated on the company's future plans for India.

“India is a crucial market for OpenAI,” Altman said, highlighting that it is the company’s second-largest market, with user numbers having tripled over the past year.

Indian gaming industry applauds PM Modi’s vision of global gaming capital

Prime Minister in April last year met India's top gamers and gaming content creators. He was seen interacting with gamers and shared how gaming industry is taking centre stage.

Prime Minister Modi’s Independence Day speech last year also resonated with game developers across the country.

YouTube advertising revenue clocks $10.47 billion in Q4; Parent-firm Alphabet’s AI investments rise

CEO Neal Mohan confirmed that the service is now the most frequently used destination for listening to podcasts, marking a significant shift in the evolution of the medium.

The company reported slower revenue growth across several key segments, including its search business, YouTube advertising, and services division, when compared to the same period last year.

MIB launches TruthTell Hackathon to combat misinformation in live broadcasts

The initiative is supported by prominent organizations such as the Ministry of Electronics & Information Technology (MeitY), IndiaAI Mission, and DataLEADS.

The TruthTell Hackathon invites developers, data scientists and media professionals from across the globe to create AI-powered solutions aimed at real-time detection and verification of misinformation in live broadcasting.

RPSG Lifestyle Media’s Avarna Jain to launch American luxury-lifestyle magazine Robb Report in India

When asked how Indians are redefining luxury, Avarna Jain emphasizes that one key way they are doing so is by embracing their own heritage — no longer seeking validation from the West.

In an interview with Storyboard18, Avarna Jain, Chairperson of RPSG Lifestyle Media, shared her vision of positioning RPSG Lifestyle Media as the definitive authority on luxury and lifestyle. In discussing the curation of experiences for the Robb Report, Jain also delved into the broader conversation surrounding the evolving landscape of luxury consumption in India.

Microsoft implements instant layoffs with no severance for departing staff

Since Satya Nadella’s appointment in 2014, the company has repeatedly restructured its workforce, including a major cut of approximately 18,000 employees that year, another round of 10,000 layoffs in 2023, and targeted reductions in its gaming and Mixed Reality organizations in recent years. (Image: CNBC-TV18)

Tech giant’s new performance management policy results in swift terminations without severance, as it tightens standards amid a competitive tech landscape.

Perplexity AI pursues TikTok US in bold bid for American ownership

The proposed deal, reportedly submitted to TikTok's parent company ByteDance in January, envisions the creation of a combined entity that would unite TikTok US with Perplexity's innovative AI-driven search engine.

For Perplexity, the deal represents more than just a high-stakes acquisition; it is a strategic push to challenge search engine giant Google.