India’s Andhra Pradesh Govt, Nvidia Join Hands to Launch AI University in Amaravati

Andhra Pradesh has teamed up with Nvidia to launch an AI university in Amaravati, aiming to train 10,000 engineering students and support 500 AI startups over two years. The MoU, signed by IT Minister Nara Lokesh, includes AI curriculum development, faculty training, computing infrastructure, and startup aid via Nvidia Inception. This move aligns with India’s broader AI education push—like IIT Madras offering free AI courses on SWAYAM and Symbiosis launching AI-focused degrees from July 2025.

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India Doubles Credit Guarantee for Startups, Slashes Fees for Key Sectors

India’s DPIIT has revamped its Credit Guarantee Scheme for Startups, doubling the credit limit from ₹10 crore to ₹20 crore and offering up to 85% guarantee coverage for smaller loans. Startups in 27 priority sectors will also benefit from reduced fees.

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India Blocks 1,298 Betting and Gaming Sites to Curb Online Risks

The Indian government has blocked 1,298 online betting and gaming sites since 2022 to curb addiction and illegal activities. Updated IT rules now hold gaming platforms accountable for harmful content. Authorities can block content threatening security or public order, ensuring a safer digital space. The move follows growing concerns over online gambling and financial risks.

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India’s Healthcare Boom Draws $30B in Investments

India’s healthcare sector is thriving, with over $30 billion in deals from 2022-2024, led by a $6 billion hospital investment surge in 2024. Big mergers, like Aster DM’s $5 billion deal, and AI innovations are driving growth, though rural access gaps and bed shortages remain challenges, per Grant Thornton’s report.

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Tesla Signs First Lease in India for Mumbai Showroom

Tesla’s finally rolling into India! They’ve signed a five-year lease for a showroom in Mumbai’s Bandra Kurla Complex, starting February 2025. The 4,003-square-foot space costs $446,000 in rent for the first year. After delays from regulations and infrastructure woes, Tesla’s back to spark India’s EV scene in one of the world’s hottest car markets.

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Google Introduces ‘Circle to Search’-Style Feature for iPhone Users

Google is rolling out an exciting new screen search feature for iOS users in the Chrome and Google Search apps, which is akin to Android’s “Circle to Search.” Now, users can search what’s on their screen by drawing, highlighting, or tapping with Google Lens. Plus, AI Overviews are set to expand to more Google Lens results, giving quick information summaries at a glance. Both of these updates will be available worldwide starting this week.

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Mira Murati’s Thinking Machines Lab Aims to Reshape AI

Mira Murati, who previously served as the CTO at OpenAI, has started a new AI company called Thinking Machines Lab. This initiative is all about developing AI systems that are more accessible, customizable, and powerful. The goal is to connect the cutting-edge capabilities of AI with what the public can truly understand. Thinking Machines Lab plans to create multimodal systems that are not only collaborative but also tailored to fit individual user needs, all while prioritizing safety to help prevent misuse. Murati has brought in top talent from OpenAI, Google DeepMind, and other prestigious firms. They’re currently on the lookout for more hires and there’s buzz that they might be in the process of raising substantial venture capital.

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OpenAI Rejects Elon Musk’s $97.4 Billion Bid

OpenAI has unanimously rejected Elon Musk’s $97.4 billion offer to acquire its nonprofit arm, reaffirming that “OpenAI is not for sale.” CEO Sam Altman dismissed Musk’s bid as an attempt to slow down OpenAI, calling him “insecure” and urging him to compete by building a better product.

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Ronnie Screwvala: No Edtech Company Is IPO-Ready Today

Despite a wave of IPOs in India’s startup ecosystem, edtech remains absent. PhysicsWallah’s upcoming IPO is drawing attention, but upGrad’s Ronnie Screwvala warns the sector lacks maturity and profitability. He stresses sustainable growth, outcome-based learning, and the need for contraction over consolidation before edtech companies go public.

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