TN all set to become India's Destination AI
Business Standard|September 03, 2024
With investments and projects coming from Google, PayPal, Applied Materials, Amazon Web Services, and many others, Tamil Nadu is fast becoming the favourite destination for artificial intelligence (AI) initiatives in India.
SHINE JACOB
TN all set to become India's Destination AI

Google is betting big on the state for long-term play in AI, as the Tamil Nadu AI Labs of the company is set to be on track soon.

According to sources, the interests of these companies may even revolutionise the transportation system in Chennai as an AI-enabled one. It may link the suburban rail to buses and taxi services under one platform.

Also, Google and the government are targeting to train 2 million youths on AI, through a curriculum-based approach, starting from engineering colleges in the state.

Tamil Nadu contributes 17 per cent of engineers - the highest by any state out of the 1.5 million graduating in India annually.

This story is from the September 03, 2024 edition of Business Standard.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the September 03, 2024 edition of Business Standard.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM BUSINESS STANDARDView All
Business Standard

Higher volume, profitability gains for GAIL India

GAIL India's second quarter (Q2FY25) performance met expectations.

time-read
3 mins  |
November 08, 2024
Business Standard

MULTI-ASSET ALLOCATION FUNDS: Ensure fund's equity exposure and strategy match your risk appetite

A recent analysis by Ventura Securities of 25 multi-asset allocation funds (MAAFs) reveals that many of these funds have outperformed a large number of equity schemes over 1-5-year timeframes.

time-read
2 mins  |
November 08, 2024
Business Standard

Markets fall over 1% after two-day rally

IN THE RED Sensex intraday

time-read
1 min  |
November 08, 2024
Industry bodies urge FinMin to ease TDS rate structure
Business Standard

Industry bodies urge FinMin to ease TDS rate structure

Proposal seeks to lessen compliance burden on taxpayers and avoid litigation

time-read
1 min  |
November 08, 2024
After SC rap, Centre doubles penalty for stubble burning
Business Standard

After SC rap, Centre doubles penalty for stubble burning

Burning issue

time-read
1 min  |
November 08, 2024
Business Standard

Proactively made all disclosures, recusals: Sebi WTM on Cong's charges

Ananth Narayan, whole-time member (WTM), the Securities and Exchange Board of India (Sebi), has responded to allegations of conflict of interest due to personal investments.

time-read
1 min  |
November 08, 2024
Business Standard

Market regulator may water down skin-in-game rules for MF executives

The Securities and Exchange Board of India (Sebi) has shown intent to relax the skin-in-the-game norms applicable to senior executives of the mutual fund (MF) industry.

time-read
1 min  |
November 08, 2024
Business Standard

MSCI adds 5 Indian stocks to key index

MSCI added five Indian companies to its Global Standard Index late on Wednesday, a move that brokerage Nuvama said would lift the country's weighting on the index to 20 per cent, further narrowing the gap with China.

time-read
1 min  |
November 08, 2024
Trump's triumph: Will bulls run amok and gold, silver sparkle?
Business Standard

Trump's triumph: Will bulls run amok and gold, silver sparkle?

Top brokerages highlight opportunities, risks, and contradictions the new administration may offer

time-read
3 mins  |
November 08, 2024
REIMAGINING ROLE OF AGRICULTURE
Business Standard

REIMAGINING ROLE OF AGRICULTURE

In the changed context of economic development, agriculture is seen playing a much larger role than perceived in the dominant thinking in development economics

time-read
6 mins  |
November 08, 2024