NPCI is ramping up AI for UPI, from FiMI-powered support and multilingual, voice-based payments to a Nvidia-backed sovereign AI model aimed at fraud detection, risk assessment and scalable digital payment infrastructure for India.
Zoho founder Sridhar Vembu says political corruption and illicit capital flows are inflating India’s real-estate prices, widening the gap between land values and per-capita income while raising living costs and pressuring family formation in urban states.
Gartner warns enterprise spending on AI coding tools could exceed average developer salaries by 2028 as per‑token pricing drives volatile costs, prompting tighter governance and budget controls.
The Reserve Bank of India has issued draft rules to tighten oversight of AI and machine-learning models in banking, mandating board-level governance, human oversight, explainability standards, and independent validation of third-party systems under a formal model risk management framework.
UN chief António Guterres launches the AI Environmental Transparency Initiative, pressing AI companies to disclose data center emissions, water and land use and commit to 100% renewable energy by 2030 amid surging electricity demand and rising indirect emissions at Amazon, Microsoft, Alphabet and Meta.
News
India’s UPI goes live in Greece via Eurobank and NIPL, adding a low-cost remittance route from Greece to India and extending acceptance to ten countries as overseas transactions surge.
NPCI is ramping up AI for UPI, from FiMI-powered support and multilingual, voice-based payments to a Nvidia-backed sovereign AI model aimed at fraud detection, risk assessment and scalable digital payment infrastructure for India.
Google has restricted Meta’s use of Gemini AI models after Meta requested more capacity than Google could supply, disrupting some internal AI projects and prompting Meta to tighten AI token use and accelerate its in-house AI systems.
Maruti Suzuki India Limited has onboarded MiniMines, Easework AI, Sarvam AI, Siftly, and CodeMate AI in the fifth Maruti Suzuki Incubation Programme cohort to address battery recycling, AI-led procurement, multilingual customer engagement, brand visibility, and software development, extending its broader portfolio of startup initiatives across growth, mobility, and investment readiness.
AI Trends
Tech Mahindra is deploying Perplexity Enterprise Pro across its sales organisation to deliver source-backed, real-time intelligence, shorten discovery cycles and align AI-driven selling with its shift toward higher-value, margin-focused growth.
Spotlight
Maruti Suzuki India Limited has onboarded MiniMines, Easework AI, Sarvam AI, Siftly, and CodeMate AI in the fifth Maruti Suzuki Incubation Programme cohort to address battery recycling, AI-led procurement, multilingual customer engagement, brand visibility, and software development, extending its broader portfolio of startup initiatives across growth, mobility, and investment readiness.
Subscribe to Our Newsletter
Smart takes on startups, tech, and founders. No noise.
