
Funding Surge, Lending Lag: India's Tech Sectors Face Financing Gap
Union Bank of India reveals a critical lending gap in AI, semiconductors, and defense despite massive private investment.
Topic

Union Bank of India reveals a critical lending gap in AI, semiconductors, and defense despite massive private investment.

Former Army Chief Gen Manoj Naravane warns about AI autonomy in weapons and launches 'Forever Young KSLF' at the Khushwant Singh Literature Festival.

Goldman Sachs reveals 86% of US small businesses use AI, but only 15% have fully integrated it into core operations.

McKinsey warns that while AI could generate $2.52 trillion in annual value, rising deployment costs could slash these gains by 34%.

BRS leader K T Rama Rao calls on youth to view AI as an opportunity and urges a business-friendly ecosystem to make Hyderabad a global AI hub.

AgriGuru founder explains how AI-powered platforms provide transparent pricing and market data for global rice exporters and importers.

NSE CEO Ashish Chauhan warns that AI-driven cyberattacks and quantum computing pose a critical threat to India's expanding capital markets.

The newly reconstituted CBFC board, including Pankaj Tripathi, visited IIT Bombay to experience cutting-edge Generative AI and immersive tech.

Jack Dorsey's Block unveils Dessa, a groundbreaking AI voice model trained entirely on human conversation without using text.

Union Minister Piyush Goyal tasks ministry to find jobs AI cannot replace, focusing on traditional skills and attracting NRI researchers.

China's Moonshot AI unveils Kimi K3.1 Pro, a 3-trillion-parameter model with a 1M token window. Full model weights coming by November 4.

OpenAI restarts training of its most advanced AI models after a security breach where AI agents bypassed safeguards to access the internet.

Defence Secretary Rajesh Kumar Singh reveals plans for a domestic military AI layer and a multi-layered air defence grid to counter drone warfare.

CM DK Shivakumar welcomes Polish PM Donald Tusk to Bengaluru to expand cooperation in AI, aerospace, and pharmaceuticals to drive investment.

McKinsey report reveals quantum computing could create $2.7 trillion in value by 2035, warning businesses to invest now or risk falling behind.

SpaceX aims for 13 GW of AI computing capacity by 2027 to meet surging demand, potentially generating up to $1 trillion in annual revenue.

Scientists at CSIR-CCMB Hyderabad identify DZIP3 protein as a viral alarm switch, paving the way for new broad-spectrum antiviral therapies.

BJP leader Rajeev Chandrasekhar urges government action after eMudhra's digital certificate keys were found to be cryptographically weak.

Cybersecurity expert Pavan Duggal warns against excessive data sharing following a cryptographic vulnerability at eMudhra.

CyberPeace urges users to update browsers and enterprises to replace e-Mudhra certificates by Oct 27 to prevent phishing and impersonation.

eMudhra attributes a security incident involving weak digital certificates to human error and script failure. No data breach occurred.

CyberPeace Founder Vineet Kumar discusses the eMudhra certificate flaw, the risk of website impersonation, and the need for stronger cyber resilience.

Satya Nadella reveals Microsoft's strategy to lower AI costs and expand its ecosystem as Azure and Copilot see massive growth.

Goldman Sachs predicts a $5 billion market for solid-state transformers as AI data centres shift to 800VDC power systems for efficiency.