All important news from the ongoing India AI Impact Summit

With an eye on attracting more AI investment to the country, India is hosting a four-day AI Impact conference this week that will feature executives from major AI and Big Tech laboratories, including OpenAI, Anthropic, Nvidia, Microsoft, Google, and Cloudflare, as well as government leaders.

The event, which is expecting 250,000 visitors, will see Alphabet CEO Sundar Pichai, OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei, Reliance Chairman Mukesh Ambani, and Google DeepMind CEO Demis Hassabis in attendance.

Indian Prime Minister Narendra Modi is scheduled to speak with French President Emmanuel Macron on Thursday.

Here are all the major updates for the event:

• Indian symbols $1.1 billion for its state aid fund. The loan will invest in smart manufacturing and high-tech startups across the country.
• The CEO of OpenAI, Sam Altman, said that India counts a lot More than 100 million users of ChatGPT every weekThe US deputy also said that Indians account for the majority of students who use ChatGPT.
• Blackstone has taken a leading role in launching Indian AI Neysa as part of a $600 million in revenue. Teachers’ Venture Development, TVS Capital, 360 ONE Asset, and Nexus Venture Partners also invested. The company now plans to raise another $600 million in debt, and ship more than 20,000 GPUs.
• Bengaluru-based C2i, which develops power solutions for data centers, has been promoted $15 million in Series A funding from Peak XVwith participation from Yali Deeptech and TDK Ventures.
• HCL CEO Vineet Nayyar said the Indian IT industry it will focus on turning profits rather than creating jobs. These comments come as Company recommendations Indian IT stocks if the fear of AI disrupts the IT services sector burgeon.
• Vinod Khosla, founder of Khosla Ventures, said that industries such as IT services and BPOs (Business Process Outsourcing) could “almost disappear” within five years due to AI. He said Hindustan Times that 250 million young people in India should sell AI-based products and services to the world.
• AMD is partnering with Tata Consultancy Services (TCS) to expand rack-scale AI architecture based on AMD’s “Helios” platform.
• Anthropic said it is opening its first office in India in the city of Bengaluru. The company said the country is Claude’s second largest after the US
• Anthropic is partnered with IT giant Infosys to ship Claude models and tools like Claude code for Indian businesses. To begin with, both will deploy AI tools in the communications sector at the Anthropic Center of Excellence.
• Indian AI company Sarvam teases its upcoming smart glasses under the name Sarvam Kaze. The company has released several models in the past few weeks, including a model for drawing, a drawing model, a drawing model for voice, and a vision for Optical Character Recognition (OCR).

• Indian conglomerate Enemies said it is allocating $100 billion to build an AI data center that will use renewable energy in India by 2035. The company said the investment would lead to an additional $150 billion in investments in areas such as server manufacturing, advanced electronic devices, autonomous cloud platforms, and service industries.
• Voice AI company Cartesia is partnering with Indian music giant Blue Machines to provide voice solutions to businesses with local data.
• Cohere Labs is starting a family of multilingual models is an open source framework that supports more than 70 languages. These models can run on local devices. The company said it has also released modified models in other regions.
• OpenAI said it will open two new offices in India in Bengaluru and Mumbai.
• OpenAI also partnered with the Tata team to deploy 100 megawatts of computing in India with the aim of increasing it to 1 gigawatt.
• India’s technology minister Ashwini Vaishnaw said the country aims to attract $200 billion in AI investment over the next two years.
• Indian vibe-coding startup Emergent said that it has reached $100 in ARR and launch the mobile app.
• Indian AI startup Sarvam released two new open source models: Sarvam 30B and Sarvam 105B.
• Sarvam also announced a partnership with Qualcomm, HMD, and Bosch to deploy its AI models to devices, including smartphones, tablets, cars, laptops, and smart glasses.
• Voice AI developer Gnani released a zero-shot voice-activated model called Vachana, which supports 12 languages.
• BharatGen, a government-backed AI group, has released a 17 billion model called Param 2 that works in 22 languages.
• JioHotstar’s hot service said it will use ChatGPT to help find content and search for conversations.
• Sarvam starts his own ChatGPT competition called Indus which supports several Indian languages.
• OpenAI said users aged 18-24 in India drive approx 50% of the usage in India on ChatGPT.
• Indian technology company Tech Mahindra launched an 8 billion Hindi-based educational app.
• The UAE’s G42 has partnered with US chip maker Cerebras send 8 exaflops of compute to India through a supercomputer. Abu Dhabi’s Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) and India’s Center for Development of Advanced Computing (C-DAC) are also part of the project.
• On the sidelines of the India AI conference, Sam Altman said concerns about the amount of water AI uses are “false,” but acknowledged the water use when “we were doing water cooling in data centers.”
• Surprisingly, he also said that people use more energy when they grow up and improve the things around them. He thinks that the arguments about ChatGPT’s use of force are “unfair.”

“But it also takes a lot of energy to train someone,” Altman said. “It takes 20 years of life and all the food you eat during that time to be smart.”

• India also said that 88 countries and organizations have signed the New Delhi AI declaration by working on the use of AI in finance and economics. These countries were the US, China, and Russia.
• India has joined the US-led Pax Silica consortium to build a supply chain for AI infrastructure. Other members are the UK, United Arab Emirates, Singapore, Qatar, Japan, Israel, South Korea, and Australia.