Business Wire India Kioxia Corporation today announced the successful demonstration of achieving high-dimensional vector search scaling to 4.8 billion vectors on a single server with its open-source KIOXIA AiSAQ™ approximate nearest neighbor search (ANNS) technology. Additionally, Kioxia demonstrated a significant reduction in index build time by leveraging GPU acceleration through NVIDIA cuVS. These two achievements mark a significant advancement for retrieval augmented generation (RAG) search…
Cadence Appoints Dr. Alok Jain as Managing Director for India
Business Wire India Cadence, a global leader in computational software, today announced the appointment of Dr. Alok Jain as the managing director for the India region. In this role, Dr. Jain will spearhead Cadence’s strategic growth in the region, focusing on scaling operations, fostering innovation, and strengthening collaborations with the Indian government, academia, and industry to advance the country’s semiconductor ecosystem. “India is a…
Kioxia Announces New SSD Model Optimized for AI GPU-Initiated Workloads
Business Wire India Kioxia Corporation today announced the development of its Super High IOPS SSD, a new type of SSD enabling the GPU to directly access high-speed flash memory as an expansion to High Bandwidth Memory (HBM) in AI systems. The new Super High IOPS SSD, the KIOXIA GP Series, is purpose-built to meet the growing performance demands of AI and high-performance computing, providing larger…
Scaler Launches 12-Month Online ‘PGP in Business & AI’ to Prepare Future Leaders for an AI-Driven Economy
Business Wire India As artificial intelligence moves rapidly from experimentation to enterprise adoption, it is reshaping not only how work gets done but also what leadership looks like across industries. According to McKinsey & Company, generative AI could automate or augment up to 60-70% of tasks across knowledge-based roles, fundamentally changing how professionals work. Similarly, research from the Boston Consulting Group suggests that organisations integrating…
NetApp Accelerates Momentum in AI Leadership with NVIDIA
Business Wire India NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, today announced enhancements to its enterprise-grade data platform, enabling customers to remove roadblocks to AI innovation. In addition to supporting the latest innovations from NVIDIA announced at GTC, NetApp is launching NetApp AI Data Engine (AIDE)—a secure, unified AI data platform stack co-engineered with NVIDIA and integrated with the NVIDIA AI Data Platform reference…
Victoria Lake Joins Cushman & Wakefield as Chief Financial Officer, APAC & EMEA
Business Wire India Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, has appointed Victoria Lake as Chief Financial Officer (CFO), APAC & EMEA. Lake is a senior executive who joins from Accenture, where she was Deputy CFO of its substantial EMEA business. Her 20 years at Accenture involved serving in multiple leadership roles, including Managing Director, Accenture Corporate Development, leading…
Miro Announces Asia Hub in Singapore to Accelerate Growth Across the Region and Bring AI Collaboration to New Markets
Business Wire India Miro®, the AI Innovation Workspace for teams, today announced plans to expand its operations in Asia, supporting organisations across the region in their AI transformation journey. Miro is investing in people, resources, and infrastructure as it targets growth in key markets, including Singapore, India, South Korea, and other Southeast Asia countries. As the global innovation centre of gravity shifts toward Asia…
AU Small Finance Bank Strengthens Access to Smart Credit Solutions as India’s Digital Spending Accelerates
Business Wire India As digital payments become the norm for millions of Indians, AU Small Finance Bank announced an enhanced focus on smart, customer-centric credit solutions designed to support evolving financial behaviours. The bank continues to expand its portfolio with products that empower consumers across different life stages — from everyday transactions to long-term financial planning. India’s credit market is undergoing a major behavioural shift.…
15th Finance Commission Grants Strengthen Rural Governance Through Panchayats
India’s rural local governance system has received a major financial push under the recommendations of the Fifteenth Finance Commission, which has allocated substantial grants to Rural Local Bodies (RLBs) during the award period from FY 2020–21 to FY 2025–26. The 15th Finance Commission recommended ₹60,750 crore for FY 2020–21 (interim period) and ₹2,36,805 crore for the period FY 2021–2026 to support rural local governance institutions such…
From Solar Boom to Solar Waste: India’s Push for a Circular Economy in the Renewable Energy Sector
India’s rapid expansion in solar energy capacity has been one of the defining features of its clean energy transition. However, alongside this growth, policymakers and industry experts are beginning to focus on an emerging challenge: managing the growing volume of end-of-life solar panels and ensuring that renewable energy infrastructure does not create a new environmental burden. Estimates supported by the Ministry of New and Renewable…