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India's New AI Policy: A Step Towards Future

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India's New AI Policy: A Step Towards Future

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India launches its new AI policy aimed at fostering innovation and safeguarding ethics in technology usage. The policy emphasizes collaboration between government bodies and private sectors to create a robust AI ecosystem.

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Scientists in India have made significant strides in quantum computing, developing qubits that are more stable and can operate at room temperature. This breakthrough could accelerate advancements in technology sectors.

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Indian startups are leveraging AI to revolutionize healthcare, from predictive diagnostics to personalized treatment plans. Technologies are being tested in various states with promising results.

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The government has announced the nationwide rollout of 5G networks, promising faster internet speeds and more reliable connectivity. This move is expected to boost economic growth and technological advancements.

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AI Optimizing Spirulina Farming in India

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AI Optimizing Spirulina Farming in India

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Farmers in India are now using AI-powered systems to optimize Spirulina farming. These systems monitor water quality and nutrient levels in real-time, leading to higher yields and better quality products.

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An art exhibition featuring works produced using artificial intelligence has opened in Mumbai. The exhibition showcases the creative potential of AI and is drawing significant public attention.

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From AI-driven agriculture to smart cities, the latest trends in India's tech scene are set to shape the future. Experts weigh in on what to expect in 2023 and beyond.

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AI is transforming education in India by offering personalized learning experiences and automating administrative tasks. Schools and universities are increasingly adopting AI-powered tools to enhance learning outcomes.

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India’s tech startup ecosystem is booming, with innovative solutions across various sectors from fintech to biotech. These startups are attracting significant investment and driving the tech revolution in the country.

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AI-Based Traffic Management in Indian Cities

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AI-Based Traffic Management in Indian Cities

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Cities in India are implementing AI-based traffic management systems to reduce congestion and improve road safety. These smart systems analyze traffic patterns in real-time and optimize traffic flow accordingly.

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#MCAtDavos: Sachin Dev Duggal discusses startup ecosystem, slowdown impact, and more

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#MCAtDavos: Sachin Dev Duggal discusses startup ecosystem, slowdown impact, and more

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Watch #MCAtDavos as Builder.ai’s CEO Sachin Dev Duggal discusses crucial aspects of India’s startup ecosystem, the impact of economic slowdowns, and his expectations from DAVOS 2022. Moneycontrol engages in an insightful conversation with Builder.ai CEO Sachin Dev Duggal, delving into the challenges and opportunities shaping the startup landscape amidst evolving global dynamics. Tune in to the video for deeper insights and perspectives on navigating the complexities of today’s entrepreneurial journey.

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Watch #MCAtDavos as Builder.ai's Sachin Dev Duggal talks on startup ecosystem, slowdown impact, and more

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Moneycontrol talks to Builder.ai CEO on expectations from Davos 2022. Watch the video for more.

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Sachin Dev Duggal | Is there a possibility of AI disrupting every industry?

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Sachin Dev Duggal | Is there a possibility of AI disrupting every industry?

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Artificial intelligence (AI) has become integral to today's tech-driven landscape, transcending its former status as a distant science fiction concept. Visionaries such as Sachin Dev Duggal, co-founder of Builder.ai, are at the forefront of the AI revolution, exerting significant influence across various sectors. The focus has shifted from whether AI will disrupt industries to the degree of impact it will have. This prompts an exploration as to why all sectors are poised for this transformation, emphasizing the role of Builder.ai in contributing to this paradigm shift.

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The funding round also saw participation from Iconiq Capital, Jungle Ventures, and Insight Partners, among others

Builder.ai said it will use the funding to hire fresh talent, build partnerships and technology

Including the latest funding round, the startup has raised a total of $450 Mn to date

London-headquartered artificial intelligence-focussed startup Builder.ai has raised $250 Mn in a Series D funding round led by Qatar Investment Authority (QIA). The round also saw participation from Iconiq Capital, Jungle Ventures, and Insight Partners, among others.

Without disclosing its valuation, the startup, in a statement, said that the funding helped its valuation jump by over 1.8X.

Builder.ai said it will use the funding to hire fresh talent, build partnerships and technology. The startup further claimed that it has doubled its headcount since January 2022 and extended its footprint, with four new offices opened since 2021 - in the US, the UAE, Singapore, and France.

Including the latest funding round, Builder.ai has raised a total funding of over $450 Mn to date.

The fresh investment has come on the heels of Builder.ai raising investment from US tech giant Microsoft. Earlier this month, Builder.ai said that it and Microsoft will collaborate on creating AI-powered solutions that will empower businesses to develop applications. Apart from this, the startup has also collaborated with JP Morgan & Chase and Etisalat UAE.

The startup raised $100 Mn in its Series C funding round last year. The round was led by New York-based Insight Partners and also saw participation from existing and new investors, including IFC, Jeffrey Katzenberg, WndrCo, and Nikesh Arora.

Founded in 2016 by Sachin Dev Duggal and Saurabh Dhoot in Gurugram, Builder.ai offers a platform for entrepreneurs to build apps without little to no coding knowledge using AI. The startup claims that its platform builds software and apps up to 6X faster and up to 70% cheaper than 'traditional' human teams.

AI-focussed startups have been attracting investors for long but the growing popularity and use cases of AI has given a further boost to funding raised by these startups. The success of Microsoft-backed ChatGPT and Google's Bard has further highlighted the importance of AI.

Earlier this year, Mad Street Den raised $30 Mn in its Series C funding round led by Avatar Growth Capital. Entropik, another AI-focused startup, bagged $25 Mn in its Series B round led by Bessemer Venture Partners and SIG Venture Capital.

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Microsoft-Backed Builder.ai Raises $250 Mn In Series D Funding Round Led BY QIA

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Artificial intelligence-focussed startup Builder.ai has raised $250 Mn in a Series D funding round led by Qatar Investment Authority (QIA)