logo
OpenAI Academy & NxtWave (NIAT) Launch India's Largest GenAI Innovation Challenge for Students

OpenAI Academy & NxtWave (NIAT) Launch India's Largest GenAI Innovation Challenge for Students

BusinessWire India
New Delhi [India], June 6: OpenAI Academy and NxtWave (NIAT) have come together to launch the OpenAI Academy X NxtWave Buildathon, the largest GenAI innovation challenge aimed at empowering students from Tier 1, 2, and 3 STEM colleges across India. This landmark initiative invites the country's brightest student innovators to develop AI-powered solutions addressing pressing issues across key sectors, including healthcare, education, BFSI, retail, sustainability, and agriculture, and more under the themes "AI for Everyday India, AI for Bharat's Businesses, and AI for Societal Good."
A Hybrid Challenge Driving Real-World AI Innovation
The Buildathon will be conducted in a hybrid format, combining online workshops and activities with regional offline finals, culminating in a grand finale where the best teams pitch live to expert judges from OpenAI India.
The participants will first complete a 6-hour online workshop focused on GenAI fundamentals, intro to building agents, OpenAI API usage training, and responsible AI development best practices. This foundational sprint ensures all participants are well-prepared to develop innovative and impactful AI solutions using OpenAI's cutting-edge technologies.
The Buildathon unfolds over three competitive stages:
* Stage 1: Screening Round -- Post-workshop, teams submit problem statements, project ideas, and execution plans online. A panel of mentors reviews submissions to shortlist the most promising entries.
* Stage 2: Regional Finals -- Shortlisted teams participate in an intensive 48-hour offline Buildathon held across 25-30 STEM colleges, with hands-on mentor support. Regional winners are announced following this stage.
* Stage 3: Grand Finale -- The top 10-15 teams from regional finals compete in the Grand Finale, pitching their solutions live to expert judges.
Build with the Best Tools in AI
Participants will have access to the latest in AI innovation, including GPT-4.1, GPT-4o, GPT-4o Audio, and GPT-4o Realtime models, supporting multimodal inputs like text, image, and audio. Additionally, tools like LangChain, vector databases (Pinecone, Weaviate), MCPs, and the OpenAI Agents SDK. These tools will empower students to build high-impact, multimodal, action-oriented GenAI applications. Hands-on mentorship and structured support will guide participants throughout the process.
Widespread Reach, Diverse Participation
The Buildathon aims to empower 25,000+ students across seven states -- Telangana, Karnataka, Maharashtra, Andhra Pradesh, Tamil Nadu, Rajasthan, and Delhi NCR. The Grand Finale will be hosted in Hyderabad or Delhi. With coverage across all major zones of India, the event ensures nationwide representation and diversity.
Evaluation Criteria Across All Stages
The participants will be evaluated in three stages. In the Screening Round, mentors will assess submissions based on problem relevance, idea feasibility, and the proposed use of OpenAI APIs. During the Regional Finals, on-ground judges will evaluate the prototypes for innovation, depth of OpenAI API integration, societal impact, and business viability. Finally, in the Grand Finale, an expert panel will judge the top teams using the same criteria, with greater weightage given to execution quality and the effectiveness of live pitching.
Exciting Rewards & Career-Boosting Opportunities
Participants in the Buildathon will gain access to a wide range of exclusive benefits designed to boost their skills, visibility, and career prospects. All selected teams will receive hands-on training along with mentorship from leading AI experts across the country. Top-performing teams will earn certificates, GPT+ credits for prototyping, and national-level recognition. They'll also gain a rare opportunity to pitch directly to the OpenAI Academy's India team during the Grand Finale. Winners will receive prize money worth Rs10,00,000 in total along with Career opportunities in the OpenAI ecosystem.
A National Movement for GenAI Talent
Driven by NxtWave (NIAT), the Buildathon aligns with India's mission to skill its youth in future technologies. With OpenAI Academy bringing in expert guidance, branding, and cutting-edge tools, this initiative is poised to become a defining moment in India's AI journey along with offering students across the country a real chance to build and shine on a national stage.
This landmark initiative aims to position OpenAI Academy at the forefront of India's AI talent development, activating over 25,000 students across 500+ campuses and generating more than 2,000 AI projects tackling real-world challenges. Through collaborative efforts, OpenAI Academy and NxtWave seek to foster a vibrant community of AI builders ready to drive innovation and impact across India.
By enabling thousands of OpenAI-powered projects, the OpenAI Academy x NxtWave Buildathon sets the stage for a new wave of AI builders ready to innovate for India and beyond.
NIAT website - https://bit.ly/4jH4aJ5
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Elon Musk reacts to OpenAI's ‘fake stock' warning for investors: 'Your equity is…'
Elon Musk reacts to OpenAI's ‘fake stock' warning for investors: 'Your equity is…'

Time of India

time2 hours ago

  • Time of India

Elon Musk reacts to OpenAI's ‘fake stock' warning for investors: 'Your equity is…'

Elon Musk has reacted to OpenAI's "fake stock" warning for its investors. The tech billionaire who owns rival AI startup xAI has suggested that even the company's authentic equity may be an illusion. This follows a rare public warning from OpenAI disavowing any involvement with crypto-like financial products claiming to offer a stake in its business. OpenAI, the creator of ChatGPT, took to the social media platform X (formerly Twitter) to inform that the so-called "OpenAI tokens" are not shares in the company and emphasised that it has no partnership with Robinhood , was not involved in the offering, and does not endorse it. The organisation stated that any transfer of OpenAI equity requires its approval, and no such approval was granted. It also urged people to exercise caution. What OpenAI said investors about its 'fake stock' In the X post, OpenAI wrote: 'These 'OpenAI tokens' are not OpenAI equity. We did not partner with Robinhood, were not involved in this, and do not endorse it. Any transfer of OpenAI equity requires our approval—we did not approve any transfer. Please be careful.' This situation drew a response from Musk, an OpenAI co-founder, who replied to the company's post with his own accusation on X saying: "Your 'equity' is fake." Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Redefine Elegance at One Luxe in Lokhandwala One Luxe by Veena Developers Undo by Taboola by Taboola The controversy started when Robinhood, a well-known trading platform, introduced a new product for its European users. In a statement to Gizmodo, a Robinhood spokesperson said: 'To cap off our recent crypto event, we announced a limited stock token giveaway on OpenAI and SpaceX to eligible European customers. These tokens give retail investors indirect exposure to private markets, opening up access, and are enabled by Robinhood's ownership stake in a special purpose vehicle .' Robinhood used a Special Purpose Vehicle (SPV) to acquire a stake in OpenAI and then issued digital tokens representing that stake, aiming to make private company shares easier to trade through tokenisation. The company's CEO Vlad Tenev also took to X to explain: 'At our recent crypto event, we announced a limited Stock Token giveaway on OpenAI and SpaceX to eligible European customers. While it is true that they aren't technically 'equity' (you can see the precise dynamics in our Terms for those interested), the tokens effectively give retail investors exposure to these private assets. Our giveaway plants a seed for something much bigger, and since our announcement we've been hearing from many private companies that are eager to join us in the tokenization revolution . THANK YOU 🙏' AI Masterclass for Students. Upskill Young Ones Today!– Join Now

Salesforce to advance AI-led processes for godrej capital's lending business
Salesforce to advance AI-led processes for godrej capital's lending business

Time of India

time2 hours ago

  • Time of India

Salesforce to advance AI-led processes for godrej capital's lending business

Godrej Capital, the financial services arm of the Godrej Industries Group, and Salesforce, the #1 AI CRM*, today announced a strategic collaboration to deepen Godrej Capital's subsidiaries' technology edge in digital lending infrastructure and drive superior customer experience across its portfolio in India. Deloitte India has been onboarded as the implementation partner for this initiative, facilitating seamless integration and accelerated deployment of Salesforce's advanced platforms across Godrej Capital's lending for its consistent focus on innovation and early adoption of GenAI-driven solutions, this collaboration with Salesforce reflects a shared vision to build a future-ready, digitally agile lending ecosystem. With Deloitte's proven expertise in delivering large-scale technology transformations, the partnership is expected to significantly enhance operational agility, customer experience, and risk intelligence across the company's product portfolio. As a part of this collaboration, the company is enhancing its lending infrastructure by consolidating its Loan Origination System (LOS) into best-in-class AI-driven platforms, powered by Salesforce, across its entire product line, alongside its existing core customer relationship management (CRM) platform. This modernized infrastructure enables the delivery of highly intelligent, seamless, and personalized lending journeys - right from initial application to disbursement. These enhancements are aimed at further improving turnaround times, driving accuracy, and strengthening credit delivery for individuals and enterprises across India. By leveraging Salesforce's AI-driven insights, the company is creating a more agile, data-lending process to support smarter cross-selling strategies, sharpen risk management, and deliver more tailored experiences at scale. With a unified 360-degree view of customers across products, channels, and touchpoints, the company is well-positioned to continue offering exceptional customer service, operational agility, and minimized manual interventions across its lending lifecycle. Comments on the news: Manish Shah, MD & CEO, Godrej Capital , said, 'At Godrej Capital, our technology-first approach and ongoing investments in GenAI have been key to how we scale financial solutions. Our continued association with Salesforce, a global leader in AI-driven platforms complements these efforts, enabling us to deliver even smarter credit experiences, improve operational efficiency, and create new opportunities for personalization and speed. More importantly, this partnership reflects our shared focus on applying technology to solve real-world challenges in financial services and supporting India's broader economic growth through a more inclusive, agile lending ecosystem.' Arundhati Bhattacharya, President and CEO, Salesforce - South Asia , shared, 'The financial services industry is at a defining moment — where technology is not just enhancing systems, but fundamentally reshaping how institutions engage, decide, and serve their customers. In a digital-first world, the future will belong to those who lead with intelligence, agility, and trust. AI is central to this shift - enabling faster decisions, deeper customer insight, and more personalized engagement at scale. Godrej Capital stands out as a bold innovator in this space - combining a strong customer-first ethos with a digital-first mindset. As they reimagine credit delivery not only for India's MSMEs but for every borrower, entrepreneur, and household that fuels the country's growth, we're proud to support their journey with a unified, AI-powered platform that brings together data, intelligence, and speed to unlock the next frontier of inclusive growth.' Ashwin Ballal, Partner, Deloitte India , added, 'We are pleased to partner with Godrej Capital on this ambitious transformation. The integration of Salesforce's AI-led platforms, combined with Godrej Capital's digital-first vision, presents a tremendous opportunity to reshape lending experiences in India. Our deep domain knowledge, proven implementation capabilities, and global best practices will support Godrej Capital in building an agile, scalable, and future-ready digital infrastructure that delivers real business impact.' With an expanding footprint, Godrej Capital continues to invest in scalable, future-ready technology. Its in-house teams are driving GenAI-led solutions across functions to enhance efficiency. Strengthening this, SAKSHAM, the company's enterprise-grade GenAI and ML platform, centralises AI development, enables secure LLM integration, and simplifies governance to deliver intelligent, customer-centric solutions for the evolving BFSI landscape. As part of the ongoing product innovation, Salesforce continues to expand the boundaries of enterprise AI with Agentforce — the Salesforce Platform that enables companies to build and deploy AI agents capable of autonomously taking action across business functions. Agentforce represents the next evolution of Salesforce — a platform where AI agents work alongside humans to create a digital workforce that amplifies human potential and delivers results with unmatched speed and intelligence. *Salesforce, the #1 CRM , powered by AI technology and capabilities .

Building trust with AI agents: India's blueprint for future of work
Building trust with AI agents: India's blueprint for future of work

Time of India

time2 hours ago

  • Time of India

Building trust with AI agents: India's blueprint for future of work

AI Appreciation Day isn't just a celebration of innovation, it's a moment to acknowledge how artificial intelligence (AI) has matured from an emerging technology into a trusted contributor in the modern workplace. The rise of GenAI showed us how models could create content, draft emails, or answer customer queries. Today, a more advanced evolution is gaining momentum: agentic AI . These are systems that don't just respond to prompts, they act on their own. They plan, decide, and execute tasks based on goals and context. In short, they work like colleagues. And just like in any effective team, success depends on how well each player understands their role, collaborates, and adapts in real time. AI joins the team Agentic AI is reshaping how we think about teams. No longer just a passive tool, AI is becoming a proactive participant in day-to-day operations; one that can plan, decide, and act alongside human colleagues. These systems are taking on routine tasks such as infrastructure optimization, customer service triage, and compliance checks. That frees up human teams to focus on strategic and creative priorities. India is rapidly emerging as an epicenter for AI-agent innovation, underpinned by a maturing digital ecosystem and widespread executive buy-in. According to Cloudera's 2025 survey, in India, enthusiasm for AI agents is soaring: 84 % of organizations have deployed them in the past two years, 36 % just within the last year, and 98 % planning to expand their use in the coming year. Moreover, 78 % targeting significant organization-wide deployment, and 94 % recognize that investing in AI agents is crucial to staying competitive. Across the nation, companies have spent the last few years building robust data strategies and experimenting with AI and machine learning (ML). They've invested in scalable infrastructure, broken down data silos, and demonstrated the value of AI in targeted business functions. Now, they're ready for what comes next. Financial institutions in India are harnessing AI and machine learning to personalize customer experiences and enhance decision-making, while many banks are building data-driven cultures to boost efficiency and resilience. Telecom operators such as Vodafone Idea, are deploying hybrid platforms to reduce churn and enhance service delivery through intelligent analytics, and healthcare providers are leveraging large-scale data to inform diagnoses and streamline care workflows. With this groundwork laid, agentic AI becomes a natural next step. These intelligent agents behave like specialists on a cross-functional team, autonomous, focused, and responsive. Just as a marketing lead, compliance officer, and IT engineer might work in parallel to deliver a campaign, AI agents can increasingly perform tasks autonomously while staying aligned with broader business objectives. With appropriate human oversight, they help monitor performance, detect anomalies, run software tests, and assist in resolving customer issues with enhanced consistency and speed. What sets India apart is how quickly enterprises are turning this vision into reality. And this isn't experimentation for its own sake, it's a response to real business needs. In retail and e-commerce, 72% of businesses use AI for demand forecasting and personalization engines, and 67% leverage it to adjust pricing in real time. Manufacturers are deploying AI for defect detection (64%) and quality control (64%), as well as process automation (55%), enabling them to keep operations running smoothly and reroute supply chains mid-crisis. Across India, enterprises are applying AI not just to think faster, but to act faster. The country's tech-forward mindset, digital infrastructure, and experience with AI give it a clear advantage in this new era of AI-powered teamwork. With foundational infrastructure increasingly in place, many Indian businesses are positioned to transition from AI experimentation to broader AI integration. The foundation of every team is trust As AI agents take on more responsibility, trust becomes non-negotiable. That means visibility into what agents are doing, guardrails to ensure accountability, and data governance built in from the start. For many Indian enterprises, data still resides on-premises. That's why true hybrid platforms, which bring AI models to the data, rather than the other way around,are critical. It ensures agents can operate close to sensitive data without compromising security or compliance in hybrid, on-premises or cloud environments. Enterprises are also embedding controls to monitor agent behavior, check for bias, and track the data lineage on how decisions are made. Because in any well-functioning team, transparency isn't optional, it's how trust is built. Building the Teams of Tomorrow The future of work won't be powered by humans or AI alone, but by the synergy between them. AI agents aren't replacing people; they're becoming essential teammates, amplifying our strengths and closing the gaps. To get started, businesses should focus on targeted use cases, invest in AI-ready infrastructure, and foster a culture where humans and machines work side by side. So, as we mark AI Appreciation Day, let's look beyond technology. Let's celebrate the new team dynamic it enables,one that's smarter, faster, and built for what's next. Because in the modern workplace, the best teams aren't just human. They're hybrid and AI is fast becoming the MVP.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store