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After Xiaomi, Manu Jain's next BIG bet of Rs 119750820000 on India to achieve its…, G42 to enter in…
After Xiaomi, Manu Jain's next BIG bet of Rs 119750820000 on India to achieve its…, G42 to enter in…

India.com

time29-05-2025

  • Business
  • India.com

After Xiaomi, Manu Jain's next BIG bet of Rs 119750820000 on India to achieve its…, G42 to enter in…

Focus on artificial intelligence has increased rapidly worldwide. G42, based in Abu Dhabi, founded in 2018 is also building an AI portfolio in the Middle East. G42 is working on healthcare and climate science, space exploration and high-performance computing. Now the company is focusing more on India with its new plans for the country. The man who will lead it is Manu Jain, one of the big faces in Indian technology. As CEO of G42 India, Jain is now handling G42's India plan. He is already famous in India for building Xiaomi as a big smartphone brand in India. Jain was appointed at G42 in October 2023 as a shift in the company's India strategy. Jain has been already working for G42's entry into India's AI ecosystem. 'After building the largest smartphone company, we are here to create real impact using AI,' said Jain, reported Economic Times. Why Is India Important For G42? In an interview given to Economic Times Jain said, ''India has potential to become an AI superpower.'' The Indian government is working on catching up to this AI boom. Country has already launched the Rs 10,300-crore India AI Mission in 2024, which is considered as India's AI strategy. The government has shortlisted seven companies to procure around 15,000 advanced GPUs for its AI mission. 'Despite having a rapidly digitising economy, it (India) still lacks the basic building blocks required for large-scale AI innovation. That's where we come in,' says Jain to ET and added that G42 has committed to the Government of India to assist in laying down foundational infrastructure in three core areas data centres, computer clusters, and AI models. Abu Dhabi's G42 is betting $10 billion globally and India is also in focus in this plan. Jain led the plan, the company with the help of global expertise going to advance India's AI narrative. G42's India push is part of a broader $10 billion global expansion fund launched in 2025 and it is supported by the Abu Dhabi Growth Fund (ADG), which invests in late-stage tech companies and AI-driven platforms. G42 states that its entry is on right time when India started defining governance models for responsible AI development.

Manu Jain's next big play after Xiaomi: A $1.4 billion bet to help India achieve its AI ambitions
Manu Jain's next big play after Xiaomi: A $1.4 billion bet to help India achieve its AI ambitions

Time of India

time28-05-2025

  • Business
  • Time of India

Manu Jain's next big play after Xiaomi: A $1.4 billion bet to help India achieve its AI ambitions

In a rapidly evolving landscape of artificial intelligence, G42, a technology giant based in Abu Dhabi , is fast emerging as a major global player. Founded in 2018, the company has been steadily developing one of the most comprehensive AI portfolios in the Middle East. From healthcare and climate science to space exploration and high-performance computing, G42 is expanding its reach. However, the company believes that its latest bet—India—might emerge as its most significant growth frontier yet. The man behind that bet is Manu Jain , one of the most prominent faces in Indian technology. As CEO of G42 India, Jain is now spearheading G42's ambitious India play. He is best known for building Xiaomi into one of the major smartphone brands in India. Jain's appointment at G42 in October 2023 signalled a shift in the company's India strategy—from exploratory to execution. Since then, Jain, known for his operational sharpness and consumer-first mindset, has been quietly laying the foundation for G42's entry into India's growing AI ecosystem. 'After building the largest smartphone company, we are here to create real impact using AI,' says Jain. But what makes India so important for G42? According to Jain, India holds immense potential to become an AI superpower. Sushant Rabra, Partner and Head of Digital Strategy at KPMG in India, concurs with Jain, noting that the country's vibrant innovation ecosystem and proactive policy measures are steadily driving progress. 'With the National Supercomputing Mission, GPU parks, sovereign AI compute plans, and regulatory facilitation in place, the foundation is strengthening. Growing interest from global players signals confidence in India's evolving AI infrastructure landscape,' says Rabra. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Secure Your Child's Future with Strong English Fluency Planet Spark Learn More The Indian government is ramping up its efforts to capitalise on the global AI boom by recognising the transformative potential of large language models (LLMs) and advanced computing. At the heart of this push is the Rs 10,300-crore India AI Mission, approved in 2024, which is being positioned as the foundation of India's AI strategy—built on robust infrastructure, indigenous models, and inclusive access. The government has shortlisted seven companies to procure nearly 15,000 advanced GPUs as part of its AI mission, highlighting its commitment to enhancing local AI compute capabilities and infrastructure. 'Despite having a rapidly digitising economy, it (India) still lacks the basic building blocks required for large-scale AI innovation. That's where we come in,' says Jain, noting that G42 has committed to the Government of India to assist in laying down foundational infrastructure in three core areas—data centres, compute clusters, and AI models. Live Events India's current data centre capacity is relatively limited; however, the outlook is promising, according to KPMG's Rabra. Ashwin Raguraman, Co-founder and Partner at Bharat Innovation Fund, agrees, stating, 'Despite generating over 20% of the world's data, India holds just 3% of global data centre capacity.' But this gap is narrowing with increased investment from real estate and tech players, government-backed GPU tenders, and the emergence of sovereign AI models like Sarvam AI and BharatGPT, Raguraman adds. Experts indicate that the government's incentives, clear policy direction, and increasing enterprise demand are driving growth in data centre capacity. As a result, 'investment in data centres is projected to reach $23 billion by 2026, growing at a CAGR of 24%, and the capacity is expected to expand to 1.8 GW,' says Rabra. Will that suffice for a country like India? 'Currently, India has only about 1 GW of data centre capacity, depending on which source you reference. That's far below what's required for a country of this size,' says Jain. 'To put it in perspective, we are talking about building a 1 GW facility in Kenya, which is significantly smaller than India. So, for India, we believe multiple gigawatts of capacity are absolutely essential,' Jain adds. He asserts that the integration of computational infrastructures and data centres is essential. 'The next building block after data centres is compute; without large-scale compute clusters, you can't build AI models or AI agents that are much needed today. To address this, we are working closely with the Indian government to establish one of the largest supercomputing clusters in the country.' iStock The Indian government is ramping up its efforts to capitalise on the global AI boom by recognising the transformative potential of large language models (LLMs) and advanced computing. G42's global and Indian game plan G42's India push is part of a broader $10 billion global expansion fund launched in 2025, backed by the Abu Dhabi Growth Fund (ADG), which invests in late-stage tech companies and AI-driven platforms across industries, such as clean tech, mobility, healthcare, semiconductors, and digital infrastructure. The Indian government's initiatives towards digital transformation, as demonstrated by Digital India, Startup India, and the recently announced AI Mission, create an environment conducive to partnerships and experimentation. G42 believes its entry is also timely, as India begins defining guardrails and governance models for responsible AI development. G42 has shown a clear appetite for long-term collaboration. In the UAE, it already works closely with global heavyweights like Microsoft (the sovereign cloud), NVIDIA (Earth-2 for AI climate modelling), and Oracle (enterprise cloud AI). The company expects similar alliances in India as it explores collaborations in sectors like healthcare, agriculture, and education. According to Jain, G42 is currently engaged in discussions with multiple state governments to deploy its new-age solutions. Jain's second act: Leading with a startup mindset For many, Jain's transition from consumer hardware to enterprise-grade AI might seem like a pivot. However, he sees it as a natural evolution. 'My previous experience was about scale', for example, 'how to reach 100 million users'. But now, Jain says, the focus has shifted to, 'How can we make AI meaningful for those same 100 million users?' Jain's leadership style is already visible in how G42 India is being built: lean teams, a start-up ethos, and a strong focus on localisation. The company is prioritising co-development over pre-baked models and collaborating with Indian start-ups, academic institutions, and state governments to test and deploy NANDA in real-world scenarios. For instance, in the education sector, pilot programs are underway, where NANDA powers personalised learning content in Hindi for rural students. In healthcare, early experiments include AI-driven interfaces for telemedicine consultations conducted in regional dialects. These use cases demand more than just translation; they need deep contextual AI, which Jain believes G42 is uniquely equipped to deliver. He also spoke about the concept of digital embassies and G42's offering of compute-as-a-service. 'While countries build out their infrastructure, we provide compute and cloud services with full sovereignty. This ensures that no one is left behind in the age of the digital divide,' he says. NANDA: An AI that communicates in Hindi—fluent and authentic At the heart of Jain's mandate lies NANDA, a 13-billion-parameter Hindi large language model (LLM) that was launched last September at a UAE-India Business Forum in Mumbai. Jain insists NANDA remains central to his India-centric strategy, and this Hindi LLM has the potential to radically democratise AI access for more than 500 million native Hindi speakers in the country. Named after Nanda Devi, India's second-highest mountain, the model is both a technological feat and a cultural statement. Technically, NANDA is among the most advanced Hindi LLMs available today. Trained on more than 2.13 trillion tokens of multilingual data, including a vast corpus of Hindi text, NANDA is designed to understand regional dialects, colloquialisms, and cultural nuances. But what set NANDA apart from its peers? One of NANDA's standout features is its ability to interpret regional idioms and context-specific questions—an area that has traditionally been overlooked by most multilingual AI models. 'It's designed to understand how we speak in half-Hindi, half-English. It doesn't just translate literally; it captures cultural nuances. One of my favourite examples is how it handles phrases like 'Teri nani yaad aayegi'; this phrase has vastly different meanings in Hindi and English,' Jain explains. 'India is home to the world's largest multilingual population. If AI is to truly work for us, it must speak our languages, understand our idioms, and reflect our culture,' he says. How NANDA stacks up With 13 billion parameters, NANDA surpasses other Hindi-focused models in both scale and complexity. With nuanced understanding of regional human conversation, it has applications in education, healthcare, public services, and customer engagement. Its strong bilingual advantage makes it particularly useful for hybrid applications. Most importantly, G42 has released the model as open source, fostering a wider ecosystem for research, development, and innovation in Hindi natural language processing. Like G42's earlier model, JAIS, which transformed Arabic NLP (natural language processing) across the Middle East, Jain believes NANDA could achieve the same impact in India's NLP. The NANDA model was developed by Inception (a G42 company) in collaboration with the Mohamed bin Zayed University of Artificial Intelligence and Cerebras Systems and was trained on Condor Galaxy, one of the most powerful AI supercomputers in the world. Despite its high-tech pedigree, NANDA was designed to have a low entry barrier. It runs efficiently on standard hardware and is open source, which makes it accessible for start-ups, researchers, and even government institutions looking to develop localised applications. 'Inclusivity isn't a marketing phrase for us; it's the design principle,' says Faheem Ahamed, G42's Group Marketing and Communications Officer. In the coming years, Jain believes G42's India strategy could become a model for localised and inclusive AI deployments. In many ways, while advocating for a tech-first approach, Jain is also advancing a new philosophy: AI must be multilingual, multicultural, and fundamentally human-centric. As Jain puts it: 'We're not just building AI that works in India. We're building AI that works for India.' The author recently visited Abu Dhabi at the invitation of the Abu Dhabi Media Office.

Deep Tech the New Battleground, says Former I.T Minister Rajeev Chandrasekhar at India Global Forum's NXT25
Deep Tech the New Battleground, says Former I.T Minister Rajeev Chandrasekhar at India Global Forum's NXT25

Yahoo

time10-04-2025

  • Business
  • Yahoo

Deep Tech the New Battleground, says Former I.T Minister Rajeev Chandrasekhar at India Global Forum's NXT25

"Deep Tech is the new battleground and India has its ambition not to be crowded out in this race," Rajeev Chandrasekhar at the India Global Forum's NXT25 MUMBAI, India , April 10, 2025 /PRNewswire/ -- India's Former Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar shared an unfiltered perspective on the recent debate sparked by Commerce Minister Piyush Goyal's comments about Indian startups focussing on consumer products instead of large scale problem solving, deep tech and innovation. Speaking at the TechFrontiers Forum at India Global Forum's NXT25: Leading the Leap Summit on April 8, Chandrasekhar said: "I disagree with this characterisation (of pitting consumer-centric Indian startups against innovation-centric ones). I don't think this is binary; there are many innovations that Indian entrepreneurs have done that are not deep tech, but in quick commerce & e-commerce. If something is not in deep tech it doesn't make it less innovative." He added: "Deep Tech is the new battleground. Players in this battleground: China, through DeepSeek, has made it clear that it is no longer a consumer of Deep Tech. On the other hand, India has its ambitions not to be crowded out in this race." Against the backdrop of India's rapid digital transformation, the TechFrontiers Forum explored breakthrough innovations shaping the global tech landscape. From AI-driven supply chains and quantum computing to sustainable innovation and digital infrastructure, industry leaders and policymakers examined the opportunities, risks, and disruptions defining the next era of technological advancement. In a virtual address, Lord Patrick Vallance, Minister of State for Science, Research and Innovation, United Kingdom spoke about strengthening UK-India collaboration in future-defining technologies. "By working together on technologies that will undoubtedly shape our future we can improve the lives of our citizens and support business," he remarked. In a conversation themed, 'Voice, Vernacular, Vision – Unlocking India's AI Potential for All', Manu Jain, CEO, G42 India, said, "We, as Indians, have been the largest consumers of tech products and services. When it comes to AI, it will be a bigger transformation, and we must ensure some part of it should be here locally through data sovereignty, which means all data of Indian users stays in India." Keshav Reddy, Founder and CEO, Equal AI, further added: "India has the opportunity to become the largest consumer of application AI. In rural India, you see a lot of people exchanging voice notes due to lack of digital literacy of typing vs voice which is easy. Hence, voice LLMs that can converse with a speech-to-speech model is the future." Freelancer CEO Matt Barrie unpacked how AI, automation, and digital platforms are redefining the idea of work. "All governments have a universal problem, is that a lot of people are on unemployment benefits. Governments have figured out that lower beneficiaries on employment benefits are harder to move into the workforce of fulltime employment. The best way to solve this is through micro employment using the cloud and this is something we help through our accelerator program," he said. Speaking about how international partnerships can improve sustainability and urban development, Jaewon Peter Chun, Chairman & President, World Smart Cities Forum (WSCF), said: "Smart cities are not just urban development projects. We design them based on the characteristics and needs of people living in urban households—this approach is what makes them different. Bringing together CEOs, policymakers, global investors, and industry disruptors, NXT25 explores the biggest trends shaping India's future on the world stage, spotlighting India's ambitions for the next 25 years and its emergence as a global powerhouse in investment, technology, sustainability, and innovation. For session highlights and speaker insights, click here The summit is supported by the UK Government, Government of Maharashtra, and the Commerce Ministry of India. Bloomberg TV is the official international media partner. About India Global Forum India Global Forum tells the story of contemporary India. The pace of change and growth India has set itself is an opportunity for the world. IGF is the gateway for businesses and nations to help seize that opportunity. To know more, click here. Social Media Handles & Hashtag to Follow Twitter: @IGFUpdates & @manojladwa LinkedIn: India Global Forum #IGFMumbai Photo: View original content to download multimedia: Sign in to access your portfolio

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