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The state, which is a hub for electronics manufacturing, saw large investments from firms like Tata Electronics which committed to invest Rs 12,080 crore for mobile phone assembly operations as well as Taiwanese giant Pegatron which said it would be investing up to Rs 1,000 crore to expand production.

The total investment in the 400-acre facility could eventually touch as much as $1 billion or even more, sources said, adding that VinFast is likely to make an official announcement on Saturday.

Unicommerce shareholders AceVector Group, B2 Capital and SoftBank are together offering 29.8 million shares for sale in the IPO, as per the draft red herring prospectus (DRHP). The company, which is profitable, is not raising any fresh capital through the IPO.

From devices for the visually impaired, and safety systems involving guns at schools, to facial-recognition software that can assess vitals, and cabin-monitoring systems inside autonomous cars, dozens of companies have planned announcements for the show about how they are building AI into their gadgets.

​​While CBDC or the e-rupee project is currently in the pilot stage, RBI had set a target of reaching a million transactions a day for 2023, which has now been scaled.

The funds will allow Microchip to triple production of mature-node semiconductor chips and microcontroller units at two US factories, officials said.

Investments in startups in the first week of 2024 dropped by about 88% from the same period a year ago, totalling $35.8 million across eight deals. In volume terms, deals were down 86% from 59 a year earlier.

The IT/BT department says Elevate/Idea2PoC scheme has been designed to identify top innovative startups, which will get the government support to scale up their products or solutions so that they can elevate to the next level.

This is the second consecutive time the global asset management company has increased Swiggys value, according to regulatory filings.

The amendments to the IT rules are likely to mandate that GenAI platforms which use artificially intelligent algorithms or language models to train their machines are free from “bias” of any kind.