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IIT-Madras launches start-up to train students in AI

IIT-Madras launches start-up to train students in AI

Chennai : The Indian Institute of Technology Madras (IIT-M) on Friday launched a start-up to prepare the workforce for the advent of the Artificial Intelligence (AI) age by training students at nominal costs. The start-up “PadhAI” offers an affordable hands-on ...

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Edutech start-up Byju’s raises $540 mn venture funds

Edutech start-up Byju’s raises $540 mn venture funds

Bengaluru : Online tutoring platform Byju’s has raised $540 million (Rs 3,865.5-crore) venture funds from Naspers and Canada Pension Plan Investment Board (CPPIB), the company said on Monday. “The new round of funding will drive Byju’s to further innovate, explore ...

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Japanese e-commerce firm opens research centre in India

Japanese e-commerce firm opens research centre in India

Bengaluru : Japanese e-commerce major Rakuten on Monday said it had opened its India research and development (R&D) institute here to focus on deep learning, computer vision and robotics for warehouse logistics applications. “The Rakuten Institute of Technology (RIT) at ...

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Karnataka Innovation Authority to empower start-ups

Karnataka Innovation Authority to empower start-ups

Bengaluru : Karnataka will soon set up an innovation authority to empower start-ups for the ease of doing business, said Chief Minister H.D. Kumaraswamy on Thursday. “The Karnataka Innovation Authority (KIA) will be set up through a law with powers ...

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Kerala inks MoU with Airbus group to boost start-ups

Kerala inks MoU with Airbus group to boost start-ups

Thiruvananthapuram : Kerala’s start-up ecosystem got a major fillip as the state government on Saturday signed a memorandum of understanding (MoU) with Airbus BizLab, a global aerospace accelerator which is part of the Airbus group. The MoU was inked between ...

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Hyundai backs start-up to bring deep learning to autonomous cars

Hyundai backs start-up to bring deep learning to autonomous cars

Seoul : Aiming to bring deep learning (DL) technology to autonomous cars, Hyundai Center for Robotic-Augmented Design in Living Experience (CRADLE) on Tuesday announced a strategic investment in Israel-based start-up allegro.ai that specialises in DL-based computer vision. “Deep learning computer ...

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