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Billions being spent on building frontier models, their returns declining: Nandan Nilekani

Nandan Nilekani discussed the declining returns of building large AI models, highlighting China’s affordable, open-source approach. He emphasised the importance of high-quality data, such as AI4Bharat’s work, and the growing number of Indian startups using scalable technologies.

Challenges in building localised AI data and responsible frameworks: AWS' Shalini Kapoor

AI4Bharat collects ten trillion tokens of data to power AI in Indian languages

Cognizant's activist investor Mantle Ridge builds over a $1 billion stake

Cognizant's activist investor Mantle Ridge builds over a $1 billion stake

Digantara commissions commercial space surveillance satellite, SCOT

Elon Musk shares report on Microsoft testing OpenAI alternatives

Tech giant Microsoft is developing its own AI models, which may be offered to developers, according to the report by The Information. Microsoft’s GitHub unit has already introduced models from Anthropic and Google as alternatives to OpenAI’s GPT-4o for coding assistance, following a broader trend within the company to expand its AI options.

Tech & Internet

Kunal Kamra mocks Bhavish Aggarwal's 'Kya Chal Raha Hai' initiative

Comedian Kunal Kamra took to X to mock the initiative, which requires employees across all of Aggarwal’s companies to submit weekly reports outlining their achievements, similar to what Elon Musk implemented for US federal employees.

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Will Trump 2.0 mean good news for Indian startups?

Tech Trending: Budget 2025 Live Updates

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Infosys cofounder Nandan Nilekani on AI commoditisation, data, and the rise of Indian startups
Nandan Nilekani discussed the declining returns of building large AI models, highlighting China’s affordable, open-source approach. He emphasised the importance of high-quality data, such as AI4Bharat’s work, and the growing number of Indian startups using scalable technologies.
Digantara commissions commercial space surveillance satellite, SCOT
SCOT (space camera for object tracking) is designed to protect and manage Earth's orbits. The satellite was successfully commissioned and achieved first light on Saturday, capturing its first image of Buenos Aires as it passed over South America.
India ranks second after US in all-time funding for women-led tech startups: Tracxn report
Swiggy expands food delivery service to 100 railway stations

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Top tech and startup stories this week

Top tech and startup stories this week

Welcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.

08 Mar, 2025

IndiaAI’s next act; Trump’s Bitcoin reserve push

IndiaAI’s next act; Trump’s Bitcoin reserve push

The government marked a year of IndiaAI Mission with a compute portal to enable easy access to GPUs. This and more in today’s ETtech Top 5.

07 Mar, 2025

Public sector banks eye fintech tie-ups; Blinkit, Zepto raise commissions

Public sector banks eye fintech tie-ups; Blinkit, Zepto raise commissions

Happy Friday! Public sector banks are eyeing collaborations with fintech startups to boost lending to MSMEs. This and more in today’s ETtech Morning Dispatch.

07 Mar, 2025

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Tech & Internet

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5G’s cosmic ring: Unlocking global connectivity with non-terrestrial networks
Satcom is answering the call for enhanced connectivity, but are India’s 5G non-terrestrial networks ready to take off? The integration of 5G NTN could revolutionise connectivity, enabling remote services and opening new revenue streams for telecom players, though challenges remain in scaling and profitability.
Kunal Kamra mocks Bhavish Aggarwal's 'Kya Chal Raha Hai' initiative
Comedian Kunal Kamra took to X to mock the initiative, which requires employees across all of Aggarwal’s companies to submit weekly reports outlining their achievements, similar to what Elon Musk implemented for US federal employees.
Cinemas concerned over Karnataka price-cap proposal, fear other states may follow suit
Karnataka Budget: Key points for AI, startup and technology

The Catalysts

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Christie's first AI art auction sees hits... and plenty of misses
Christie's first auction of art made by artificial intelligence (AI) ended Wednesday with mixed results, providing scant clues as to the future of the new and controversial medium. For them, auctioning AI-created art lets money be made from "massive theft of works by human artists."
- Snapdeal cofounder Kunal Bahl seen shopping on rival Amazon
- Grok to be a standalone app for MacOS, Windows
  The chatbot operated by Musk's AI company xAI has been in the news for releasing its latest version, Grok 3, which boasts to be the world's smartest AI. It faces rivals OpenAI's ChatGPT and the newly introduced DeepSeek R1 model.
- Zomato launches AI-backed customer support platform Nugget
  Zomato developed Nugget as an internal tool over the past three years, and it now supports over 15 million interactions per month on its platforms. This is the first product from Zomato Labs, the company's incubator for in-house innovations.
- Study finds how new technology enhances gravitational-wave detection

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