With generative AI emerging as one of the next big frontiers in human machine collaboration, bringing both challenges and opportunities to the technology services industry, its complete potential is yet to be fully understood. nasscom today came out with a report along with McKinsey & Company as knowledge partner, on generative AI s impact on technology services, titled Harnessing the Power of Generative AI: Opportunity for Technology Services, which sheds light on how generative AI unlocks multiple opportunity pools for technology services across new offerings and existing services.

Publication: Times Tech

US Memory chip maker Micron Technology Saturday initiated the construction of its semiconductor packaging plant in Gujarat, India’s first such facility which is expected to spur the country’s chip manufacturing ambitions.

Publication: The Indian Express

Two big semiconductor proposals are under process and expected to take shape in the coming few months, Union minister Ashwini Vaishnaw said on Saturday.

Publication: Millennium Post

Google also gave Bard the ability to search YouTube, Google Maps and a few other Google services, and it introduced a tool that would let users fact-check Bard’s responses.

Publication: The Economic Times

How big are you betting on AI in context of investments? Could you explain where and how these will happen? We are investing approximately $600 million over three years in AI. This would broadly come under three buckets.

Publication: Business Standard

The government has decided to focus on “niche” opportunities in the semiconductor space, including chips based on gallium nitride or silicon carbide (also called compound semiconductors), where it believes it can quickly emerge as a “global leader”.

Publication: Business Standard

The government may scrap its directive asking for a mandatory licence to import laptops, all-in-one personal computers, and tablets. According to industry sources, during a meeting with industry stakeholders, the government said companies will only need to register on a portal to import these items.

Publication: The New Indian Express

The government has invited bids from Indian and global companies with technological and operational expertise to modernise the Semiconductor Lab in Mohali.

Publication: The Economic Times

The government has so far approved seven startups. In order to make room for startups to train AI models, the government is planning a major graphics processing unit (GPU) cluster under the India AI programme.

Publication: The Financial Express

The Setting Up of two more, large semiconductor projects will be finalised in the next few months, communications and IT minister Ashwini Vaishnaw said on Saturday.

Publication: The Financial Express

Micron Technology has selected Tata Projects to build their new semiconductor assembly and test facility in Sanand near Ahmedabad.

Publication: The New Indian Express

The government is already enthused by the participation of companies such as Dell, HP, Asus and Acer in the PLI scheme as they have indicated willingness to source locally and make within India.

Publication: The Times of India

As many as 40 companies, including Dell, HP, and Lenovo, have applied for the IT hardware PLI scheme with a commitment to make personal computers, laptops, tablets, servers and other equipment worth Rs 4.65 lakh crore during the scheme period.

Publication: Free Press Journal

HP, Lenovo While HP works with Flex to produce IT hardware for consumers and businesses, Lenovo has a plant in Puducherry with three flexible assembly lines to make its full consumer and commercial range.

Publication: The Economic Times

The government will notify the list of the approved companies within a week. Companies like HP, Dell, Lenovo, Thomson, Acer, and Asus, among 40 others last month submitted their plans to locally manufacture laptops, personal computers (PCs) and servers, either directly or through contract manufacturers.

Publication: The Indian Express

Around 30 out of 40 applicants are expected to qualify for ~17,000-crore production linked incentive (PLI) scheme for IT hardware, according to a government official. As many as 40 companies, including Dell, HP, and Lenovo, have applied for the IT hardware PLI scheme with a commitment to make personal computers, laptops, tablets, servers and other equipment worth ~4.65 trillion during the scheme period..

Publication: Business Standard

The licensing regime, announced abruptly on August 3, aimed to “ensure trusted hardware and systems” enter India, reduce dependence on imports, boost local manufacturing and in part address the country’s trade imbalance with China.

Publication: The Hindu