AI-Led Materials Discovery Startup Novyte Materials Bags ₹4.15 Cr led by Theia Ventures

C-DAC has successfully demonstrated a mobile quantum communication system utilizing drones, featuring a B92 Quantum Key Distribution (QKD) system over a 50-meter Free-Space Optical link with GPS-based precision time synchronization. This innovation marks a significant advancement in secure communication technologies.

Accenture reported $21 billion in bookings for Q1, driven by strong deal wins and a surge in AI-related contracts, which have contributed to steady revenue growth and allowed the company to maintain its full-year outlook.

Mythic has secured $125 million in funding to develop AI chips that are claimed to be 100 times more energy-efficient than current NVIDIA GPUs. The company aims to deploy these chips across various sectors, including data centers, automotive systems, robotics, and defense, marking a significant step in the competitive AI hardware landscape.

India's data centre expansion is shifting towards decentralisation, aiming to enhance digital infrastructure beyond metropolitan areas. This move is crucial as it addresses the limitations of compute capabilities in non-metro regions, which could hinder the next wave of digital adoption.

OpenAI has opened app submissions for integration with ChatGPT, marking a significant step in expanding the platform's capabilities. The first batch of approved applications is set to roll out gradually over the next year, enhancing user interaction with the AI.

Accenture and Palantir have expanded their partnership by launching a dedicated business group that combines their forward-deployed engineers and a team of 2,000 specialists to enhance AI-led delivery. This initiative aims to accelerate the integration of artificial intelligence into various business operations.

India's DPDP Act is compelling IT firms to shift from merely complying with data protection policies to implementing architecture-led controls over shadow data, highlighting the growing importance of data governance in the tech industry.

Oracle has announced the launch of Oracle Database@Google Cloud in India, marking a significant step in its multi-cloud strategy aimed at enhancing its service offerings in the region. This initiative is expected to provide Indian businesses with advanced database solutions integrated with Google Cloud's infrastructure.