AI & Robotics

Indian AI lab Sarvam on Tuesday unveiled a new generation of large language models, as it bets that smaller, efficient open source AI models will be able to grab some market share away from more expensive systems offered by its much larger U.S. and Chinese rivals. The launch, announced at the India AI Impact Summit in New Delhi, aligns with New Delhi’s push to reduce reliance on foreign AI…

With an eye toward luring more AI investment to the country, India is hosting a four-day AI Impact Summit this week that will be attended by executives from major AI labs and Big Tech, including OpenAI, Anthropic, Nvidia, Microsoft, Google, and Cloudflare, as well as heads of state. The event, which expects 250,000 visitors, will see Alphabet CEO Sundar Pichai, OpenAI CEO Sam Altman, Anthropic CEO…

As India’s first AI company to IPO, Fractal Analytics didn’t have a stellar first day on the public markets, as enthusiasm for the technology collided with jittery investors recovering from a major sell-off in Indian software stocks. Fractal listed at ₹876 per share on Monday, below its issue price of ₹900, and then slid further in afternoon trading. The stock closed at ₹873.70…

Elon Musk is addressing a wave of departures from xAI, including two more co-founders who left this week, bringing the total to six out of the original 12. At an all-hands meeting Tuesday night, Musk suggested the exits were about fit, not performance. “Because we’ve reached a certain scale, we’re organizing the company to be more effective at this scale,” he said…