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20.02.26 - 01:42
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Beyond big models: 3 cos show India′s push for linguistic AI gain (Times of India)
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India is charting its own AI course, launching domestic models focused on linguistic and cultural depth. Companies like Sarvam AI, BharatGen, and Gnani.ai are prioritizing local relevance over sheer size, aiming to excel in Indic reasoning, translation, and speech processing. This strategy challenges global giants by addressing the nuanced needs of India's vast population....
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20.02.26 - 01:24
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Edu advances hold up well despite visa, AI headwinds (Times of India)
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Indian education loans are growing strongly. Asset quality is improving significantly. This resilience continues despite global uncertainties. Banks' outstanding education loans have reached Rs 1.5 lakh crore. Non-performing assets have fallen sharply. Private lenders also report robust growth and strong asset quality. Financing penetration of education spend is increasing. Students are exploring new study destinations....
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20.02.26 - 01:24
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AI biggest opportunity for IT cos: Chandra (Times of India)
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Tata Sons chairman N Chandrasekaran declared Artificial Intelligence as the technology sector's "biggest opportunity." He highlighted that IT's core value stems from its deep understanding of enterprise businesses and its capability to integrate technology effectively within complex operational environments....
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20.02.26 - 00:54
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Mukesh Ambani announces $110bn push for AI sovereign infra (Times of India)
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Reliance Industries chairman Mukesh Ambani announced a $110 billion investment over seven years to build India's sovereign AI infrastructure, including data centers and a nationwide edge compute network. This initiative aims to connect India to the intelligence era, reduce compute costs, and establish the nation as a global AI power....
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20.02.26 - 00:18
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CRH CEO on Their AI, Data Center Strategy (Bloomberg)
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Jim Mintern, CEO of CRH, discusses AI, data center demand and the company's M&A strategy and outlook with Romaine Bostick and Katie Greifeld on “The Close.” He says its biggest exposure is infrastructure. (Source: Bloomberg)...
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19.02.26 - 23:54
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Figma Gains on Strong Growth Outlook That Eases AI Fears (Bloomberg)
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Figma gave an annual revenue outlook that topped estimates, easing Wall Street anxiety that the business is threatened by the emergence of rival artificial intelligence products.
Sales will be about $1.37 billion in 2026, the San Francisco-based company said Wednesday in a statement. Analysts, on average, projected $1.29 billion, according to data compiled by Bloomberg. Figma is known for making software used to design applications and website interfaces. It has worked to expand its suite of software, including a generative AI tool called Figma Make, which creates app interfaces and code from prompts. Weekly users of the tool grew 70% in the fourth quarter, the company said in the statement. Figma CEO Dylan Field joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)...
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