Artificial intelligence (AI) going rogue has been the stuff of dystopic science fiction. Could fiction be giving way to fact, with several AI models reportedly disobeying explicit instructions to shut down when a third-party tester asked them to? On a recent test done by Palisade Research, the most glaring refusenik belonged to OpenAI, with some…
At this point Shenoy happened to find out about FinRight, a provident fund (PF) consulting startup founded by Mumbai-based Amey Kanekar, on LinkedIn. âI immediately reached out to them. It took them only three-four months to get it all sorted against a fee of âš10,000-20,000,” he said. Ramya Lakshmanan has a similar story to tell….
New Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) has approved 187 startups for income tax exemption under the revamped Section 80-IAC of the Income Tax Act. The move aims to provide crucial fiscal relief to emerging businesses, encouraging innovation and supporting job creation across the country. Also Read | Republican Tax…
âWe are seeing a lot more application-layer pitches from founders. Our investments will likely be weighed more heavily there,” said Hemant Mohapatra, a partner at global VC firm Lightspeed Venture Partners. âWe’re very active in the market.” It’s a sentiment that’s echoed by the largest VC firms in the Indian market including Lightspeed, Accel India…
The backlash against Goyalâs remarks was swift and predictable. Startup founders, enablers and watchers joined camps either defending or criticising the progress of Indiaâs entrepreneurial ambition and effort. But beyond the discourse on the internet, Goyalâs remarks pointed to an uncomfortable truth: builders in India have long struggled to turn foundational science into scalable and…
New Delhi, Apr 4 (PTI) India must maintain its sovereignty and not become a technological colony of the West, former Niti Aayog CEO Amitabh Kant said on Friday as he emphasised the need to innovate in a nimble, cost-effective manner. Speaking at Startup Mahakumbh here, he cautioned against adopting Western models that could lead to…
Our study started with no such preconceived meanings. It performed an emic or insiderâs deep dive into the contours of aspiration for the world of mass or mainstream young India, a world described in our previous column in Mint (âYoung India is fuelled by agency but is being failed by structure,â 24 March) as one…
What if your next business partner wasnât a human, but an AI agent that could handle operations, make data-driven decisions, and help scale your company in record time? Sounds futuristic? Not anymore. In the heart of Indiaâs bustling startup ecosystem, a quiet yet radical transformation is underway. Artificial Intelligence, once a distant promise, is now…
The potential closure of these so-called AgWaterTech startups could slow down innovation in irrigation, delaying the adoption of smart water management technologies crucial for addressing Indiaâs agricultural water crisis, they said. A report titled âInvestment Mismatch in AgWaterâ, prepared by the DCM Shriram Foundation along with The/Nudge Institute, a non-profit organisation working poverty, said almost…
On Saturday, finance minister Nirmala Sitharaman announced a fiscal outlay of âš2,000 crore ($230 million) for the Mission. The move succeeded the Ministry of Electronics and Information Technology (Meity) announcing last Thursday that a repository of 18,693 graphic processing units (GPUs), provided by private sector companies, was ready to be used as an on-cloud supercomputing…
