New Delhi: If Bhavish Aggarwal, founder of now-listed Ola Electric, is known to dream big, his newest ambition is audacious by even his standards: to build “India’s first AI (artificial intelligence) chips” in four years. Such a plan would thrust Aggarwal, who is likened to Elon Musk for his public persona, into an industry with … Read more
The budget proposal for the critical minerals mission is expected to encourage local manufacture of battery cells and increase domestic value addition, especially since an ₹18,100 crore production-linked incentive (PLI) scheme for advanced chemistry cells (ACC) is nearly exhausted. Early gainers may include companies already approved under the ACC PLI such as Ola Electric Mobility, … Read more
In a groundbreaking announcement, Bhavish Aggarwal, the CEO of Ola Electric, revealed the launch of Krutrim AI Cloud’s new GPU on-demand service via his Twitter account. Unlike traditional services, Krutrim AI Cloud will be priced in Indian Rupees, making it more accessible to developers across India. Aggarwal’s tweet read: “Excited to announce @Krutrim AI Cloud … Read more
Ola Electric Mobility, Swiggy Pvt. Ltd, National Securities Depository Ltd (NSDL), Afcons Infrastructure Ltd, and FirstCry operator BrainBees Solutions Pvt. Ltd have already filed with the Securities and Exchange Board of India for their initial public offering of shares. Tata Capital Ltd, JSW Cement Ltd, and Hexaware Technologies Ltd are also expected to join the … Read more