Govt Enforces ‘Melt and Pour’ Rule for All Steel in Public Projects Nippon Steel expected to finalize U.S. Steel acquisition at $55 per share NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
Reliance's ambitious AI project, Hanooman, backed by business magnate Mukesh Ambani, is on track for a March debut in India, signalling a pivotal moment in the nation's AI ambitions. The initiative, led by a consortium comprising Reliance Industries Ltd. and eight esteemed Indian engineering institutions, recently unveiled the model at a technology conference in Mumbai. Demonstrations at the event showcased Hanooman's versatility, with interactions spanning multiple regional languages and diverse sectors including healthcare, governance, finance, and education.
Named after the revered Hindu deity, Hanooman seeks to serve users in 11 local languages while offering speech-to-text capabilities, thereby improving accessibility for millions of non-literate individuals across India. Developed collaboratively with Indian Institute of Technology (IIT) universities and backed by Reliance Jio Infocomm Ltd. and the Indian government, the project represents a significant leap forward in India's AI innovation endeavours.
This initiative stands out in a landscape dominated by startups and venture capital-funded ventures focusing on open-sourced AI models tailored specifically for India's requirements. Unlike initiatives led by Silicon Valley giants, BharatGPT's approach integrates both the public and private sectors, leveraging a wide array of expertise and resources.
Ganesh Ramakrishnan, chair of IIT Bombay's computer science and engineering department, likened the collaboration to the concept of an Indian joint family, highlighting the collective strength and mutual reliance among participating entities. Reliance Jio's parallel project, Jio Brain, further underscores the conglomerate's dedication to embedding AI capabilities throughout its extensive subscriber network, emphasising the potential impact of Hanooman.
Also Read : JSW Infrastructure looking to make entry in Gujarat with greenfield port Hindustan Copper intends to develop two mines, Adani and Hindalco express interest: Source
· JSW Steel produced 6.79 MT crude steel in Q4 FY25 — its highest-ever quarterly...
Business 08-Apr-2025
Adani New Industries Ltd. is in talks to raise up to $3 billion for capital investment as the ports-...
Large Corporate 27-Feb-2024
Adani Power Ltd (APL) declared that Mahan Energen Ltd, an arm of APL, has accepted a proposal to com...
Business 04-Jun-2024
Bihar's government presented a ₹2.79 lakh crore budget for fiscal year 2024-25 to the assembly on Tu...
Notification 13-Feb-2024
European Union policymakers are set to discuss and potentially agree on new rules aimed at promoting...
Europe 06-Feb-2024
The Union Finance Minister Nirmala Sitharaman is set to present the interim budget for 2024-25 on Fe...
Business 01-Feb-2024