Confusion prevailed on Tuesday over Microsoft co-founder Bill Gates attending the high-profile AI Impact Summit with government sources saying he will not attend the meeting while a spokesperson of his foundation contradicted, saying he is. Gates featured among the tech moguls, industry leaders, policymakers, founders, and technologists listed as speakers on the official website of the AI Impact Summit, underway in the national capital from February 16-20.
Nvidia's Jensen Huang questions the dominance of degrees in the AI economy.
'The focus will be on showing the real-world impact of AI in improving the lives of citizens and how it has helped in ensuring democratic access to technology for everyone.'
CEO Jensen Huang presented how the world's second-most valuable firm is bringing technology that powers its lucrative data centre AI chips to consumer PCs and laptops at the Consumer Electronics Show 2025.
'In three years, you will have an AI model that will be smarter than the smartest mathematician or the smartest scientist.'
'As one of many immigrants at Nvidia, I know the opportunities we've found in America have profoundly shaped our lives.'
'4 lakh to 5 lakh people graduating in computer science getting jobs in software companies will not happen.'
'No one manufactures intelligence at the moment.' 'This is a concept that your IT industry understands.' 'What you need is infrastructure. Everything else can then be taken care of.'
Reliance Jio, the telecom business of the Mukesh Ambani-promoted conglomerate, is expected to go for an initial public offering (IPO) of over $6.25 billion either in the second or the third quarter of the calendar year 2025, sources said. Reliance Retail is likely to be listed around the same time with a short gap, it is learnt. The timing of the two IPOs, however, will depend on the company's assessment of the market conditions among other factors.
American chip behemoth Nvidia Corp and India's retail-to-refining giant Reliance Industries on Thursday unveiled their goal to build a formidable AI computing infrastructure in the country. Highlighting the tie-up, Jensen Huang, founder and CEO of Nvidia, made a broader appeal: India should focus on "manufacturing" AI, rather than racing to build semiconductor fabs. As part of this collaboration, Nvidia will reportedly supply its Blackwell AI processors to power Reliance's one-gigawatt data center in Jamnagar, Gujarat.
Prime Minister Narendra Modi urged CEOs of US majors to take advantage of India's growth story as the country is making all efforts to become the third largest economy of the world in his third term. India is currently the fifth largest economy of the world after the US, China, Germany and Japan with a GDP of around $3.9 trillion. India has been the fastest growing large economies of the world with GDP growth rate of over 7 per cent for the last three consecutive years.
US technology company NVIDIA and billionaire Mukesh Ambani's Reliance Industries on Friday announced a partnership to build AI supercomputers in India. "The companies will work together to build AI infrastructure that is over an order of magnitude more powerful than the fastest supercomputer in India today," the firms said in a statement. Days before the announcement, NVIDIA founder and CEO Jensen Huang met Prime Minister Narendra Modi on Monday.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances