The Stargate AI Project, announced by US President Donald Trump at the White House, marks a monumental step in the evolution of artificial intelligence (AI). Touted as the largest AI infrastructure initiative in history, this ambitious project has garnered support from some of the world's biggest tech and business names. With an investment of $500 billion over the next four years, the Stargate AI Project aims to develop world-class AI infrastructure, create jobs, and boost the US economy.
The Stargate AI Project is a collaborative effort led by some of the most influential entities in technology and business. Each organisation plays a crucial role in ensuring the project's success.
SoftBank, under the leadership of Masayoshi Son, is managing the financial aspects of the project. As the project's chairman, Son's extensive experience in large-scale investments positions SoftBank as a critical player in Stargate's funding and strategic direction.
OpenAI, helmed by Sam Altman, is tasked with overseeing the technical operations of Stargate.
Jan 23, 2025
Indian IT Giants Lead 2025 Brand Finance IT Services Rankings
India secured the second position, contributing 36 per cent of the total brand value, a significant achievement fuelled by a 14 per cent increase in brand value, according to Brand Finance 2025 ranking.
India follows the US, which maintains its dominant position in IT services brand value, holding 40 per cent of the total brand value.
The collective brand value of the top 25 IT Services brands stands at $163 billion in 2025. 15 out of the top 25 brands have seen an increase in their brand values, underscoring the continued importance of IT services in the ever-evolving digital landscape. Despite recent economic challenges, IT services companies are witnessing a resurgence in brand value growth, largely driven by the improved economic outlook for 2025-2027.
While Accenture leads the list, Tata Consultancy Services (TCS) retains its position as the world's second most valuable IT services brand for the fourth consecutive year.
Jan 21, 2025
Eastern India's First Astronomical Observatory
The Department of Science and Technology, under the Union Ministry of Science and Technology, inaugurated the first astronomical observatory in Eastern India atop Panchet Hill in the Garpanchkot area of Purulia district, West Bengal. This marks an important milestone in the advancement of astronomical research in India. It is the sixth astronomical observatory in the country, following observatories in locations such as Ladakh, Nainital (Uttarakhand), Mount Abu (Rajasthan), Girbani Hills (Pune), and Kavalur (Tamil Nadu).
The observatory is named after Satyendra Nath Bose, a prominent scientist known for his work in quantum mechanics and Bose-Einstein statistics.
Jan 18, 2025
C-DOT and IIT Bombay Unite for Indigenous 6G Optical Chipset
India is making significant strides in next-generation telecommunications technology, with the Centre for Development of Telematics (C-DOT) and the Indian Institute of Technology, Bombay (IIT Bombay) signing an agreement for the development of an "Optical Transceiver Chipset for High-Bandwidth 6G Wireless Links." This initiative, under the Telecom Technology Development Fund (TTDF) 6G Call for Proposals by the Department of Telecommunications (DoT), aims to strengthen India's leadership in 6G innovation and deployment by 2030, with a focus on affordability, sustainability, and ubiquity.
Jan 17, 2025
Blue Origin Launch its First Orbital Rocket 'New Glenn'
Blue Origin's giant New Glenn rocket blasted off from Florida on its first mission to space, an inaugural step into Earth's orbit for Jeff Bezos' space company as it aims to rival SpaceX in the satellite launch business.
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