LinkedIn appoints Deepak Agarwal as chief AI officer | Gartner's India IT spending forecast up at $161.5 billion, down 11.1% in percentage terms
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ETCIO Newsletter | Wednesday, January 22, 2025

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LinkedIn appoints Deepak Agarwal as chief AI officer
Professional networking platform LinkedIn on Wednesday announced that it has appointed Deepak Agarwal as the new chief AI officer (CAIO).  read more...
Gartner's India IT spending forecast up at $161.5 billion, down 11.1% in percentage terms
In India, software and IT services are major drivers of IT spending growth, increasing 16.9% and 11.2% to $17.9 billion and $30.1 billion in 2025, respectively.  read more...
Need to encourage all technologies to cut carbon emissions, oil import: Maruti Suzuki
Maruti Suzuki's MD, Hisashi Takeuchi, emphasizes the need to promote various technologies, including compressed biogas, to reduce carbon emissions and oil imports in India. He highlights the potential of biofuels like ethanol and CBG, and the importance of correct carbon accounting for biofuels. He ...  read more...
AI to help SEBI process 1,000 IPOs in next 2 years: Madhabi Puri Buch
With the possibility of handling up to 1,000 initial public offerings (IPOs) in the next two years, the Securities and Exchange Board of India (SEBI) is adopting artificial intelligence (AI) to make the process of reviewing IPO documents in a faster and more efficient way, its Chairperson Madhabi Pu...  read more...
Microsoft relaxes data center grip on OpenAI amid $500 billion joint venture
Since 2019, Microsoft has had arrangements with OpenAI that gave the Redmond, Washington-based company the exclusive right to build new computing infrastructure for OpenAI. Microsoft, in a blog post, said it has "approved OpenAI's ability to build additional capacity, primarily for research and trai...  read more...
How AI can help Indian startups overcome business and efficiency challenges
AI is revolutionizing Indian startups by boosting efficiency, enhancing decision-making, and personalizing experiences. AI tools automate tasks, analyze data, and tailor offerings, helping startups scale and innovate across sectors like healthcare and agriculture. Despite challenges in data privacy ...  read more...
Trump unveils $500 billion AI infrastructure project 'Stargate' with SoftBank, Oracle, and OpenAI
President Trump has announced a major $500 billion AI infrastructure project in collaboration with SoftBank, Oracle, and OpenAI to boost AI advancements in the U.S. The project includes constructing colossal data centers, with initial buildout starting in Texas. Key technology partners include Arm, ...  read more...
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