Its a wrap: News this week (Oct 19 – Oct 25)
There have been multiple developments this week on the tech front. From Jensen Huang and Yann LeCun’s India visit to Syrma SGS’ new Pune facility , this is the list of the most important developments for a quick catch-up:
Syrma SGS opens new facility in Pune
Electronics system design and manufacturing company Syrma SGS Technology inaugurated an integrated electronics manufacturing facility in Ranjangaon near Pune. This facility is touted to be one of its largest kind spread across 26.5 acres of land with a manufacturing area of 1.20 million square feet at its peak.
The Pune facility will strengthen the company’s PCB (Printed Circuit Board) assembly capabilities and will primarily serve the growing domestic demand for PCBAs, especially in the automotive and industrial sectors. The first phase of the facility spanning over 60,000 square feet was commissioned today and it is expected to create approximately 1,000 direct employments.
Yann LeCun’s Bengaluru visit
Meta AI chief and Turing awardee Yann LeCun, often referred to as one of the “Godfathers of AI,” spoke in Bengaluru on Wednesday about the evolution of AI, the role of India, and the significance of open-source technology.
LeCun highlighted that the current focus is on developing AI systems as a "comprehensive repository of human knowledge." While strides have been made, significant challenges remain. "We lack the diversity of data needed for training AI—particularly in terms of languages, cultural values, and areas of interest. It's impossible to centralise all the necessary data to create a true repository of human knowledge. Even with access to the data, AI systems would still require fine-tuning by people familiar with all the relevant languages and cultures," he said.
Nvidia top boss’ India visit chockablock with major deals
During his visit to Mumbai this week, Nvidia CEO and founder Jensen Huang initiated a large number of partnerships with Indian companies. One of the most significant one was with the Reliance Industries to jointly build AI infrastructure in India.
Further, TCS launches Nvidia Business Unit to speed up enterprise AI adoption; the company said that this BU will be managed within TCS' AI-Cloud division. Companies like Infosys, Zoho, ServiceNow, Yotta, Sarvam AI have announced that they will be working with Nvidia’s resources to develop and deploy AI models. Lastly, Tech Mahindra announced the establishment of a Center of Excellence (CoE) leveraging Nvidia platforms to advance sovereign LLMs, agentic AI, and physical AI.
CtrlS Datacenters partners with ConnectiviTree
CtrlS Datacenters, an Indian data center provider, has signed an agreement with ConnectiviTree, a European telecom company, to enhance digital connectivity in India. This partnership aims to improve digital infrastructure, offering secure, scalable data solutions for customers both in India and internationally.
Under this collaboration, CtrlS Datacenters will provide its data center infrastructure, while ConnectiviTree will offer its Connectivity-as-a-Service platform. This platform simplifies network management for enterprises by automating connectivity services. The partnership will combine expertise in cloud computing, telecom networks, and data center management to deliver high-performance data services.
Salesforce to help Tata Consumer Products to drive innovation
Cloud-based software company Salesforce has partnered with Tata Consumer Products Limited (TCPL) to drive its digital transformation. This collaboration includes the launch of a Go-To-Market (GTM) platform aimed at enhancing TCPL’s sales and distribution operations.
TCPL, a major player in the fast-moving consumer goods (FMCG) sector, is integrating Salesforce Sales Cloud, Service Cloud, Platform, and MuleSoft to become a digital-first, data-driven organisation. By adopting these advanced technologies, TCPL aims to optimize customer experiences and streamline operations.