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Mint
01-07-2025
- Business
- Mint
Govt spending on AI makes India lucrative for cloud providers
New Delhi: India's $1.2 billion AI Mission is turning into a big opportunity for homegrown cloud service providers, due to an increase in graphic processing unit (GPU) demand and government-backed infrastructure procurement. Local firms like Reliance Jio Platforms,Tata Communications Ltd and Hiranandani Group's Yotta Data Services are witnessing significant growth, buoyed by the Union government's push to build a massive compute backbone for artificial intelligence (AI). This is because these cloud service providers account for the bulk of the 34,333 GPUs procured by New Delhi, which in turn has given access to startups such as Sarvam, and Soket AI Labs. GPUs are the fastest and most efficient way for companies to run calculations, allowing cutting-edge AI firms to analyse enormous amounts of data and train algorithms that power AI applications. Yotta, for instance, is currently supplying nearly 17,000 of 34,333 GPUs to New Delhi. 'The India AI Mission is a key initiative that is helping us ramp up revenue as we look for funding avenues to complete our GPU orders and enable their access through our cloud platforms. Overall, we expect nearly 70% of our revenue to come from the Indian government's procurement of GPUs from us," said Sunil Gupta, chief executive of Yotta. On 30 January, the ministry of electronics and information technology (Meity) announced the first tranche of GPU procurement, enlisting Jio Platforms, Tata Communications and Yotta Data Services, among others, in a total of 10 vendors supplying 18,693 GPUs to the AI Mission. On 30 May, Meity's second tranche of GPU procurement added 15,640 more GPUs to what Ashwini Vaishnaw, Union minister for IT, said is 'a one-of-a-kind central compute repository." Indian providers score Yotta projected its fiscal year 2025 (FY25) revenue to be at $143.3 million,Mint reported on 10 February. Speaking withMint, Gupta said the company expects a major fillip driven by government-backed uptake of AI cloud infrastructure. 'Despite us offering subsidized GPU pricing, India's uptake of GPUs has been limited. In the long run, we expect to see a 5x boost to operating revenue by FY28, and a large part of it will come through government spending in India," he said. Tata Communications, too, is seeing a similar boost to its India operations. Neelakantan Venkataraman, vice-president and global head, edge and cloud business, Tata Communications, said the government-driven push is 'definitely driving heavy demand, and we're adding more GPUs as we speak to support the mission and cash in on it." Even beyond the India AI Mission, there is increasing enterprise AI adoption even in India. 'Many pilots that began 12-18 months ago are moving into production stages, even if their scale hasn't fully taken off yet. As a result, in India, there is a significant latent demand for AI infrastructure to fulfil the demand from enterprise data pipelines and support the creation of foundational models that the government has extensively spoken about," Venkataraman sai Data sourced from the company said that in FY25, Tata Communications earned $2.7 billion in gross revenue—growing at around 10% year-on-year. Revenue from cloud services contributed nearly 8% to the company's annual revenue, but grew at a faster clip—at nearly 13% in FY25. Venkataraman also affirmed that Tata Communications already draws 42% of its overall revenue from India, and is expected to see a faster pace of growth in the coming fiscals—driven by the demand for AI infrastructure, especially from the government. Jio Platforms, which is also supplying 1,000 GPUs to the Union government, had yet to respond toMintuntil press time. Tendering process issues Industry analysts, too, believe that government spending on AI infrastructure marks a big boost for India's nascent AI industry. Sanchit Vir Gogia, chief executive at consultancy firm Greyhound Research, cited internal market research data to state that '68% of digital infrastructure executives in India now cite the India AI Mission as their first opportunity to win long-term, production-grade AI cloud deals with predictable utilization." This, though, is not without risk. Jayanth Kolla, co-founder and partner at fellow consultancy firm Convergence Catalyst, said a big risk to the ramp-up of government spending in AI 'is the red-taped, bureaucratic government procuring process, and the restriction that comes with tenders." 'The major vendors selected as infrastructure suppliers in the India AI Mission have large conglomerates backing them—which makes it easier for them to go through the tendering process. But, the very process of this does not take into account the idea of nifty innovation. While the rise in government spending is definitely great for India in the long run, an overhaul of the process is a necessity for India to reap the full benefits of the global AI rush," Kolla added. In the long run, though, there is strong scope for growth. Chirajeet Sengupta, managing partner at technology research firm Everest Group, said that despite the challenges, a worldwide push for sovereign AI initiatives will be the biggest boost for India's on-cloud AI infrastructure providers. 'The Pentagon signed a deal with OpenAI with a token initial amount of $2 million for a central AI infrastructure. While it is set to scale up to $200 million for now, in the long run, subject to successful execution, this deal can go up to $2 billion. For India and the US, China's leapfrog with DeepSeek has been a big push. Government spending is undoubtedly a big fillip as the future of public services and defence infrastructure, as well as cyber sovereignty, is critically dependent on AI. If the government speeds up, revenue fillip is definitely going to come through in the near term," Sengupta added.
India.com
01-06-2025
- Business
- India.com
Microsoft CEO Satya Nadella finally breaks silence on sacking 6000 employees, says they were not fired....
Microsoft CEO Satya Nadella- File image Microsoft CEO Satya Nadella on recent layoffs: In a massive statement after Microsoft laid off 6,000 jobs, CEO Satya Nadella has clarified that the recent layoffs were not linked to employee performance, but the actual reason behind the layoffs was organizational restructuring. Here are all the details you need to know about the recent statement of Microsoft CEO Satya Nadella. CEO Satya Nadella stated that the layoffs were done with a clear focus on accelerating the company's Artificial Intelligence (AI)-first strategy. The CEO emphasized that Microsoft's vision is now centered on AI transformation. Reports have it that Microsoft's plan includes reallocating resources and talent to areas aligned with emerging business priorities. Microsoft aims to boost AI innovation in India In another significant development for Microsoft, Microsoft and Yotta Data Services, India's leading sovereign cloud infrastructure and platform services provider recently partnered to accelerate artificial intelligence (AI) adoption in India. The partnership enables Microsoft and Yotta to engage with IndiaAI Mission participants, government agencies, IITs, startups, enterprises, and software development companies to leapfrog AI innovation, a report by IANS news agency said. Microsoft said it would bring its AzureAI services to Shakti Cloud, Yotta's AI cloud platform, to offer cutting-edge AI capabilities to developers, startups, enterprises, and public sector organisations across India. 'Our partnership with Yotta to power Shakti Cloud will help unlock AI innovation at scale. Microsoft is honoured to play its part in helping the country realise its AI ambitions through innovation that reflect India's unique needs and priorities,' said Puneet Chandok, President, Microsoft India and South Asia. In January this year, Microsoft chairman and CEO Satya Nadella announced a collaboration with IndiaAI, a division of Digital India Corporation, to advance AI and emerging technologies in the country, and established AI Centre of Excellence and AI Productivity Labs to foster inclusive growth. (With inputs from agencies)
Entrepreneur
29-05-2025
- Business
- Entrepreneur
Microsoft and Yotta Partner to Drive AI Innovation in India
At the heart of the collaboration lies a unique synergy: Microsoft's trusted AI tools, including Azure AI's large language models (LLMs), small language models (SLMs), and developer services, will now operate atop Yotta's high-performance GPU infrastructure You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Tech giants, Microsoft and Yotta Data Services, have joined forces to advance AI adoption across critical sectors in the country. The partnership will integrate Microsoft's Azure AI services with Yotta's Shakti Cloud platform, bringing enterprise-grade AI capabilities to Indian developers, startups, public institutions, and businesses — all within a sovereign cloud infrastructure, as per a press release. At the heart of the collaboration lies a unique synergy: Microsoft's trusted AI tools, including Azure AI's large language models (LLMs), small language models (SLMs), and developer services, will now operate atop Yotta's high-performance GPU infrastructure. This integration promises high-speed AI model training and real-time inferencing tailored to India's needs in agriculture, healthcare, education, finance, manufacturing, retail, and media. The move also aligns with the national push under the IndiaAI Mission, which, as of May 2025, has attracted over 500 proposals to build indigenous AI models. Microsoft and Yotta plan to work closely with government agencies, research institutions, IITs, and startups to foster innovation rooted in India's Digital Public Infrastructure. "This partnership is a key step forward towards India's AI self-reliance and digital transformation," said Sunil Gupta, co-founder, CEO & managing director of Yotta Data Services. "The combined strength of Microsoft's services backed by Yotta's infrastructure gives access to some of the best capabilities to support AI development in the country. It will make cutting-edge AI capabilities accessible for Indian enterprises of all sizes and give a huge boost to driving the nation's AI ambitions." Yotta's Shakti Cloud, now integrated with Azure AI Foundry, will offer customers access to an expansive catalogue of foundational models and a full suite of AI tools. These include built-in safety features, content filters, groundedness detection, and copyright protection mechanisms — essential safeguards for responsible AI development. By keeping AI services hosted within Indian borders, the platform ensures data sovereignty without compromising performance or scalability. "Our partnership with Yotta to power Shakti Cloud will help unlock AI innovation at scale," said Puneet Chandok, president of Microsoft India and South Asia. "Microsoft is honored to play its part in helping the country realize its AI ambitions through innovation that reflects India's unique needs and priorities. India is already among the top global markets on AI adoption and return on investment. Together with Yotta, we will continue to help India become an AI-first nation, securely and responsibly." The partnership builds on Microsoft's ongoing investments in India's AI infrastructure. Earlier this year, chairman and CEO Satya Nadella announced a strategic collaboration with IndiaAI — a division of Digital India Corporation — to establish AI Centres of Excellence and AI Productivity Labs. This initiative aims to enhance innovation and inclusive growth through responsible AI.
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Business Standard
28-05-2025
- Business
- Business Standard
Microsoft-Yotta partner to bring Azure AI to Shakti Cloud for IndiaAI
Microsoft and Yotta Data Services have joined hands to offer the former's Azure AI services on Shakti Cloud, the latter's cloud platform, the two companies said in a press note. The partnership will help Microsoft and Yotta engage with IndiaAI Mission participants, government agencies, IITs, start-ups, enterprises, and software development companies to leapfrog AI innovation, they said. 'Our partnership with Yotta to power Shakti Cloud will help unlock AI innovation at scale. India is already among the top global markets in AI adoption and return on investment. Together with Yotta, we will continue to help India become an AI-first nation, securely and responsibly,' said Puneet Chandok, president, Microsoft India and South Asia. The central government has announced a Rs 10,372 crore IndiaAI Mission with seven key pillars, including enhancing India's compute capacity, building an IndiaAI innovation centre, creating and managing an AI datasets platform, and launching an application development initiative, among others. Against the targeted procurement of 10,000 graphics processing units (GPUs)—a key hardware component required for developing foundation models, large language models, and small language models—the government received nearly 18,500 GPUs in the first round of bidding and hopes to receive bids for another 15,000 in the second round. Union Minister for Electronics and Information Technology Ashwini Vaishnaw has also announced the government's intent to help companies build a sovereign foundation model within the next 10 months. The development of the foundation model is also being undertaken under the IndiaAI Mission. 'The Microsoft-Yotta partnership will give access to cutting-edge AI capabilities to all Indian enterprises and provide a significant boost to the nation's AI ambitions,' the companies said. 'This partnership is a key step towards India's AI self-reliance and digital transformation, and we are excited to support Indian enterprises in their journey towards AI excellence with a full gamut of offerings. The combined strength of Microsoft's services, backed by Yotta's infrastructure, gives access to some of the best capabilities to support AI development in the country. It will make cutting-edge AI capabilities accessible to Indian enterprises of all sizes,' said Sunil Gupta, chief executive officer and co-founder, Yotta Data Services.
Time of India
28-05-2025
- Business
- Time of India
Microsoft and Yotta partner to boost AI innovation in India
Microsoft and Yotta Data Services have joined forces to accelerate artificial intelligence (AI) adoption across India, integrating Microsoft's Azure AI services into Yotta's Shakti Cloud, a sovereign AI cloud platform. This collaboration aims to empower developers, startups, enterprises, and public sector organizations with advanced AI capabilities. The partnership aligns with the IndiaAI Mission , an initiative by the Ministry of Electronics and Information Technology (MeitY) to foster a robust AI ecosystem in India. By combining Microsoft's AI models, applications, and development tools with Yotta's cost-effective, high-performance AI compute platform, the collaboration aims to drive innovation in critical sectors such as agriculture, healthcare, education, finance, manufacturing, retail, and media. As of May 2025, the IndiaAI Mission has attracted over 500 proposals for developing indigenous AI models. Microsoft and Yotta will work closely with government agencies, research institutions, IITs, and startups to support homegrown AI solutions, enhancing local capabilities and strengthening India's AI infrastructure in alignment with the nation's Digital Public Infrastructure. This partnership positions India as a hub for AI innovation, enabling faster model training, real-time inferencing, and scalable solutions to address pressing societal and economic challenges.
