Nandan Nilekani News

07.07 / 17:09

UPS Microsoft Platform Mobile Enterprise Backed Microsoft-backed AI4Bharat set to raise $12 million funding from Peak XV, Lightspeed – sources

AI4Bharat, a start-up backed by Microsoft, is raising $12 million from venture capital firms Peak XV and Lightspeed Venture to develop artificial intelligence-powered chatbots for Indian languages, according to three people familiar with the matter.The larger-than-usual seed funding round underscores the growing interest in generative AI, after OpenAI’s ChatGPT dazzled users with its ability to engage in human-like conversations. Most seed rounds are usually up to $1 million to $2 million. AI4Bharat, which is also backed by the Indian government, has been developing AI models for speech recognition and translation.

03.07 / 10:11

COST UPS Digital veteran Infosys’ veteran Sushanth Tharappan to take over as new HR head

Infosys’ Sushanth Tharappan will soon take up the role of head of human resources replacing Richard Lobo who held the position for over six years. This marks the second change in the HR department this year. Lobo has been internally moved to be a part of a special team reporting directly under chief executive Salil Parekh, a source told ET.

04.03 / 07:49

lending FTX bankruptcy Private cryptocurrencies will never replace fiat currency: Nandan Nilekani

Nandan Nilekani, cofounder and non-executive chairman of Infosys, on Friday. He said incidents like the “fall of cryptocurrency exchange FTX in the United States” have shown that private cryptocurrencies aren’t a big threat. “Because of the rise of private cryptocurrencies, central banks are thinking of digital currencies backed by them — CBDCs (central bank digital currency),” Nilekani, who was speaking at the Bharat Inclusion Summit in Bengaluru, said. Explaining the use of CBDCs, Nilekani added, “So, why do they need it? For instance, on the wholesale side, especially cross-border settlement, these currencies can further reduce costs. But private crypto currency, I don’t see it as a threat.”

16.02 / 08:37

cryptocurrency Digital Platform Infosys Co-Founder Nandan Nilekani Denies Launching Any Crypto Project

Nandan Nilekani has often been vocal about the functioning of cryptocurrencies.

15.02 / 16:23

cryptocurrency NOT No, Nandan Nilekani is not launching crypto project. Infosys co-founder clarifies

Nandan Nilekani on Tuesday clarified that he has not launched any project related to cryptocurrency.

09.02 / 13:11

cryptocurrency cryptocurrency in india Insights from Nandan Nilekani: Crypto is as centralised as the old world and more

Weeks before the Union Budget 2022, Infosys co-founder and Aadhaar architect Nandan Nilekani spoke to Moneycontrol on why crypto as an asset class should be encouraged. He also said the Indian alternative digital public goods has created much more interoperable and competitive systems that a billion people can use.

01.12 / 19:53

Reuters crypto assets inclusion Financial "Crypto Assets Worth Considering, Can Be Used For Financial Inclusion": Nandan Nilekani, Chairman, Infosys

Nandan Nilekani, Chairman of Infosys

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