After Reliance, Tata Group set to announce AI partnership with Nvidia
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Tata Group is set to announce an AI partnership with U.S. chip firm Nvidia, a source with direct knowledge of the matter told Reuters.
An announcement is expected later in the day, the source added.
Reliance Jio and Nvidia to build AI language models
Meanwhile, India's Reliance and Nvidia said on Friday they have formed a partnership to create AI language models and generative apps for millions of telecom users of the Indian company.
Reliance will create AI applications and services for their 450 million Jio customers and provide AI infrastructure to scientists, developers and startups across India.
In its statement, Jio Platforms said the new AI cloud infrastructure will enable researchers, developers, startups, scientists, AI practitioners, and others across India to access accelerated computing and high-speed, secure cloud networking.
"We are delighted to partner with Reliance to build state-of-the-art AI supercomputers in India," said Jensen Huang, founder and chief executive officer (CEO) of Nvidia.
"India has scale, data and talent. With the most advanced AI computing infrastructure, Reliance can build its own large language models that power generative AI applications made in India, for the people of India."
The AI infrastructure will be hosted in AI-ready computing data centres that will eventually expand to 2,000 MW. Jio will manage execution and implementation.
"As India advances from a country of data proliferation to creating technology infrastructure for widespread and accelerated growth, computing and technology super centres like the one we envisage with Nvidia will provide the catalytic growth just like Jio did to our nation's digital march," said Mukesh Ambani, chairman and managing director of Reliance Industries.
"I am delighted with the partnership with NVIDIA and looking forward to a purposeful journey together."
"Together, we will develop a state-of-the-art AI cloud infrastructure that is secure, sustainable and deeply relevant across India, accelerating the nation's journey towards becoming an AI powerhouse," added Akash Ambani, chairman of Reliance Jio Infocomm.
Nvidia to upskill and reskill its engineers
Nvidia, a global leader in artificial intelligence (AI) computing, aims to build the largest AI workforce in the world, and India could be the largest exporter of AI products and talent globally, Nvidia founder and CEO Jensen Huang said.
Moreover, as part of its vision to be a leader in the AI space, Nvidia aims to upskill and reskill every engineer in the organisation. "Every single engineer will be an AI engineer… AI will not take your job. The person who uses AI will take your job. So, we need to make sure that our engineers are most productive, efficient and can build the most important things," Huang said.
The company is betting big on the startup ecosystem and is working with 15,000 startups globally, including in India, to partner on AI projects.
Other Latest News
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After Haryana, the BJP would also sweep the upcoming assembly elections in Maharashtra and Jharkhand, BJP president J P Nadda asserted on Friday.
Nadda, who paid obeisance at the Shri Naina Devi temple here, said the people were happy with the performance of the BJP government at the Centre led by Prime Minister Narendra Modi.
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Noel Tata, half-brother of the late Ratan Tata, has been unanimously elected as the chairman of Tata Trusts following the passing of the legendary industrialist Ratan Tata, CNBC-TV18 reported on Friday. Noel Tata is already a key trustee of the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust. He will now lead the trusts that hold a controlling stake in Tata Sons, the primary holding company of the Tata Group.
The move has long been anticipated, given Noel Tata’s close involvement with Tata Trusts and his extensive experience within the conglomerate.
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After the Haryana poll debacle, Congress MP and LoP Rahul Gandhi attended the review meeting called by party president Mallikarjun Kharge at his residence in Delhi. Among those present were the party's Haryana observers Ashok Gehlot, Ajay Maken, Deepak Babaria and KC Venugopal.
Sources said that the Congress MP remained largely quite, but when his turn came, he observed two things; one being that Electronic Voting Machines (EVM) and the Election Commission of India (EC) "have much to answer" and another was that "the local leaders were more interested in their own progress than that of the party", leaving a loud silence in the room.
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Former US President Donald Trump, who is campaigning for another term in the White House, promised to introduce a system of "reciprocal tariffs" if re-elected. In an economic policy speech in Detroit on Thursday, the Republican candidate singled out India, claiming it imposes some of the highest tariffs on foreign goods among major global economies.
This is not the first time Trump has criticised India for its tariffs. Just last month, he called the nation a "big abuser" of US trade relations.
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Tamil Nadu Chief Minister M K Stalin has announced a bonus and ex-gratia for 2.75 lakh employees of state public sector undertakings and statutory boards for the 2023-24 fiscal.
Accordingly, all eligible workers of profit making PSUs under group C and D will be paid a minimum bonus of Rs 8,400 and a maximum of Rs 16,800, amounting to 8.33 per cent bonus and an ex-gratia of 11.67 per cent, an official release here said.
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