Ray-Ban Meta Glasses Arrive in India: What You Need to Know!
The Ray-Ban Meta Glasses are set to make a huge splash in India, blending stylish eyewear with cutting-edge technology. We'll be exploring what makes these glasses stand out, from their augmented reality (AR) capabilities to seamless integration with your digital world. Stay tuned as we discuss the features, price, and everything you need to know about Ray-Ban Meta glasses hitting Indian shores!
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Time of India
21 minutes ago
- Time of India
'Roles within IBM in India haven't dipped'
India is among the fastest growing markets for IBM, which expects to open a new centre in Lucknow by September this year, said Sandip Patel, the technology giant's managing director for India and South Asia. 'India is designated as one of the five growth markets for IBM around the world, the other ones being Saudi Arabia, Indonesia, Mexico, and UAE,' Patel told ET. In the last four years or so, IBM has more than doubled its business in India, he said. It has also been expanding in tier-2 and 3 cities, such as Gandhinagar and Kochi. Now, it is looking for fresh talent for the proposed Lucknow centre. 'We are going to make it the hub for a lot of our data capabilities… hoping we will inaugurate sometime in September,' said Patel. India with its demographic dividend can become the 'skill capital' of the world, but meaningful upskilling is needed, he said. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories 'Work is going to take fewer people-no questions about it. With automation, the traditional jobs will go away. So, if you don't skill yourself to stay ahead of the curve, it is going to be very difficult,' said Patel. At IBM, artificial intelligence (AI)-aided productivity boost has saved the company $3.5 billion in the last two years. 'There is a lot of coding that is automated, but that automation of that coding does not preclude people who are good test engineers, who can develop the right kind of test scripts around it, (from evolving into) prompt engineering, which is becoming a huge discipline--so those roles are getting created,' said Patel, adding that we are yet to scratch the surface of these new roles. 'For those roles, you will need basic technology acumen of people who have the right way of thinking logically about programming and writing code,' he said. While most Indians are apprehensive that lower-level roles in the IT sector may be taken over by AI, disrupting the traditional pyramid hiring structure, Patel believes that early professional hired talent is a good thing, with more staying power within an organisation and the ability to adapt culturally. 'Shaping talent to adapt to the kinds of technologies that you ultimately want to proliferate, I think it's going to still be a blend of both (fresh and experienced hires),' he said. The total number of roles within IBM in India has not dipped, Patel said, adding that the level may be higher than before it divested its managed infrastructure services arm Kyndryl in 2021. Today, businesses haven't yet scaled AI to the point where the jobs are being impacted, he said. While about 97% of Indian businesses say they are investing in AI, only 25-26% are moving from experimentation to scale, according to an IBM study. The top challenge is AI governance . 'That ties back to the lack of trust-can you really trust the data that is being used? Can you trust the models? Can you trust the provenance of models? Can you ensure that there is no bias that has crept into these models?' said Patel. IBM has been investing in 'client engineering' to run proofs of concepts (POCs) to demonstrate solutions rather than simply talking about them, he said. 'Now, banks and public sector units and others that we have been working with, they are moving into getting their data platforms organised so that they can take advantage of AI,' said Patel. 'That is another phase of transformation. Digital transformation (in) core banking was done, but now core banking has become stale. What do you do with it to actually get to the next phase?'
Time of India
21 minutes ago
- Time of India
Tata Electronics eyes Malaysia foray via chip fab acquisition
Tata Electronics is in talks with several global semiconductor companies including X-Fab , DNeX and Globetronics to acquire a fabrication or outsourced semiconductor assembly and test (OSAT) plant in Malaysia, according to people in the know. The move is aimed at bolstering the Tata Group company's knowledge and talent base before entering the semiconductor assembly and packaging business in India. KC Ang, who was appointed president and head of Tata Semiconductor Manufacturing in April this year, is driving these acquisition efforts, the people said. 'Globetronics and DNeX's SilTerra facility are among the front runners to be acquired by Tata Electronics,' said one of the people. Tata Electronics is investing more than Rs 91,000 crore to set up a semiconductor fab unit at Dholera, Gujarat, and Rs 27,000 crore in an OSAT facility at Assam's Morigaon. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với mức chênh lệch giá thấp nhất IC Markets Đăng ký "Running a fab is not going to be simple and Tata Electronics is aware of that," a second person said. ETtech Live Events "These potential acquisitions are being explored in Malaysia because it is one of the most economical options and talks have been going on with different players since April this year,' this person said. 'For the Tatas, it represents an opportunity to get the knowhow on how to run a fab or advanced packaging facility while also providing a training ground for Indian talent to learn how to run these high-tech facilities." Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories Queries sent to Tata Electronics, X-Fab, DNeX and Globetronics remained unanswered as of press time Monday. Semicon hub Malaysia's expertise in assembly, testing, marking and packaging (ATMP) along with its mature ecosystem, abundant skilled workforce, robust supply chain and government support make it a preferred destination, according to analysts. "If Tata were to have a partnership or presence in Malaysia, it would enable Tata to develop expertise in ATMP, and it would complement the wafer fabrication and OSAT (operations) in India," Counterpoint Research senior analyst Parv Sharma said. 'It would also de-risk Tata from current semiconductor tariffs and provide a risk-free supply chain to serve a wider customer base globally," he added. Also, the Malaysian government's National Semiconductor Strategy, announced in May 2024, offers a significant incentive structure to attract investments. Indian companies are aiming to acquire manufacturing grade technology (MGT) from Malaysia for OSAT projects in particular, as it is the longstanding hub for both legacy and advanced packaging. "MGT can only come from an established player in the semiconductor industry who has IP defensibility for its technology and has the legal rights to license it to India," consultancy firm Fab Economics' CEO Danish Faruqui said. Malaysia holds 13% of the global market for chip packaging, assembly and testing services, as per a February 18 report by the Malaysian Investment Development Authority. Ripe for acquisition Typically, semiconductor businesses that are financially stressed and are looking to get a boost by licensing technology and/or expanding packaging capacity with new partners, are the most preferred targets by Indian players. "Globetronics, an OSAT player from Penang, Malaysia, has suffered multiple financial blows as recently as in 2024,' said Faruqui. Key public and private stakeholders had rolled back their positions in the company, necessitating boardroom changes and strategies for new partnerships and revenue streams, he added. As per Fab Economics, DNeX's SilTerra facility in Kulim is also being deemed a 'lucrative target' for Indian players for low-cost, high-fidelity technology licensing on the fabrication side. SilTerra is a semiconductor wafer foundry offering fabrication and design support services for integrated chips in various technologies. DNeX acquired a 60% stake in SilTerra in 2021 while the remaining 40% was acquired by Beijing-based Integrated Circuit Advanced Manufacturing and High-End Equipment Equity Investment Fund Centre (CGP Fund), which is a Chinese investment fund focused on the semiconductor industry. The total acquisition cost was 273 million Malaysian ringgit (about $64 million now). X-Fab is a German specialty foundry group that has six wafer fabs located in Malaysia, Germany, France and the US. Located in Kuching, the capital city of Sarawak, the X-Fab facility in Malaysia manufactures wafers on modular CMOS technologies in geometries ranging from 350 nm to 180 nm. CMOS (Complementary Metal-Oxide-Semiconductor) is a type of technology used in computer processors, memory chips, and other electronic components.
India Today
30 minutes ago
- India Today
Modi, mangoes and puppets: Usha Vance on her children's first India experience
Usha Vance, Second Lady of the United States, shared a heartfelt reflexion on her family's visit to India, fondly recounting her children's delightful encounter with Prime Minister Narendra at the US-India Strategic Partnership Forum in Washington, D.C., Usha Vance described how the journey impacted her family -- especially her children, who were visiting their ancestral homeland for the first we were at the Prime Minister's residence, our son was just so taken by everything and then taken by the entire cart of mangoes that was available for him to eat that he announced to the Prime Minister that he thought he could maybe live there,' she said, drawing laughs from the audience. 'Our children talk about it all the time. They've been all over the place and had wonderful opportunities to see the world, but this was really special to them.' Vance emphasised that the meeting with PM Modi wasn't just diplomatic -- it was deeply personal. 'I think it was a very productive conversation for JD and the Prime Minister, of course. But also, I think it was a real opportunity for us to kind of cement that personal relationship that they have, which I think is only to the good.'advertisementOne standout moment for the children was a traditional puppet show featuring acts from across India. 'There was a puppet show that was a particular highlight, with sort of puppeteering from all over the country, including from Andhra Pradesh, where my family is from,' she said. 'There were bits from the Ramayana, there were comedic bits with animals, and it was a huge hit. My kids have been trying to recreate it at home with construction paper.'Usha Vance also shared a tender moment when her children, jet-lagged after travelling through Europe, first laid eyes on the Indian Prime Minister. 'They saw an Indian man with a white beard and white hair, and they just put him in the grandfather category immediately,' she said with a smile. 'They are very into him; they just love him, and he really cemented his status by giving our five-year-old a birthday present that day. When we were able to visit his home, they just sort of ran up. They were hugging him. He was just incredibly kind and generous to them.''It really was the trip of a lifetime for us,' said Vance. 'My children had never been to India. They'd grown up just knowing so much about this country -- the stories, the food, and the relationships with grandparents and friends -- but they had never actually seen it, so it was just sort of mind-blown from their perspective.'She concluded by hinting at future plans to explore more of India, especially the southern regions where her family hails from. 'For JD and me, it just could not have been any more special. We had the opportunity to see some of the greatest sites in North India. Well, we're looking forward to our next trip and trying to get to the parts of the country where my family is from as well.'Must Watch
