Google's AI model Gemini 2.5 Flash to support local processing of data
This is part of broader efforts from Google as it continues to invest and grow its footprint in India, Google Cloud Asia Pacific vice-president Bikram Singh Bedi told ET on the sidelines of the Google I/O Connect event here on Wednesday. 'A key part of investments is partnerships, the local customers, with the local partners to drive things forward, as far as AI from Google and Google Cloud are concerned,' he said.
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News18
32 minutes ago
- News18
CM Naidu meets Indian High Commissioner in Singapore, investors
Amaravati, Jul 27 (PTI) Andhra Pradesh Chief Minister N Chandrababu Naidu, as part of his five-day visit to Singapore, met the Indian High Commissioner and several investors on Sunday and showcased the state's vast potential. He said that Andhra Pradesh is the most suitable destination for global investments, highlighting strengths in the green energy, electronics, ports, logistics and manufacturing sectors. 'Andhra Pradesh offers abundant opportunities for investment across multiple sectors," said Naidu in an official release. The CM held talks with Indian High Commissioner Shilpak Ambule, who shared insights into Singapore's achievements in diverse areas, its robust economic growth and the effective public policies being implemented there. Naidu shared details of the state's newly introduced policies, aimed at attracting investments across various sectors. The state has set an ambitious target of producing 160 gigawatts of green energy, he added. He informed the High Commissioner that green hydrogen projects have already been launched in Visakhapatnam (in partnership with NTPC) and Kakinada. Under the India Quantum Mission, Andhra Pradesh is set to establish the country's 'first-ever Quantum Valley' in Amaravati, said Naidu, adding that global tech leader Google is setting up a data center in Visakhapatnam. Highlighting Andhra's industrial potential, the CM said Rayalaseema is ideal for defence and aerospace units and urged support to make the state a gateway for Singaporean investments. Ambule informed the CM that on several sectors, the Singaporean companies are exploring investment opportunities in Andhra Pradesh, including electronics, semiconductor manufacturing, shipbuilding, port operations, data centers and pharmaceuticals. According to the release, major Asia-Pacific firms headquartered in Singapore, including STT (ST Telemedia)–which specialises in digital infrastructure and data centers and Keppel Corporation–which operates in infrastructure, energy, and urban development have shown interest in investing in Andhra Pradesh. Similarly, Equinix, a global leader in data centers and internet connectivity services and PSA International-a port operating company and logistics firms have shown interest in investing in Andhra Pradesh. The meeting also focused on collaboration in fields such as artificial intelligence, startups, medical device research, and academic partnerships between universities in the southern state and Singapore. Andhra Pradesh Education Minister Nara Lokesh shared plans for expanding higher education institutions while Municipal Minister P Narayana presented state's housing schemes, inspired by Singapore's successful public housing model. Later, Naidu met the representatives from Surbana Jurong, a global urban infrastructure company who has shown interest in investing in Andhra Pradesh and invited them to join large-scale housing projects under the state's 'Housing for All" initiative. The CM explained that the state is focusing on infrastructure development projects and highlighted the development of 20 ports and 15 airports, positioning itself as a logistics hub. Similarly, Eversendai Engineering, a Malaysia-based construction firm, has shown interest in investing in Andhra Pradesh after its chairman Tan Sri Dato' AK Nathan met Naidu. They discussed plans to set up a state-of-the-art manufacturing factory and integrated training center in the state, with Visakhapatnam or Krishnapatnam shortlisted as possible locations. The proposed factory, spread over two lakh square meters, will aid nationwide product distribution, boost industrial growth, and create large-scale employment opportunities across Andhra Pradesh's emerging industrial zones, said the release. Eversendai also expressed interest in Amaravati's infrastructure projects and proposed a structural engineering training center with IIT Tirupati and IIIT Sri City as knowledge partners. PTI MS GDK KH view comments First Published: July 27, 2025, 22:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Economic Times
2 hours ago
- Economic Times
Lenskart secures shareholder nod to raise Rs 2,150 crore via IPO
Shareholders of omnichannel eyewear brand Lenskart have approved its initial public offering (IPO) plans, according to regulatory filings sourced from the Registrar of Companies (RoC).At its annual general meeting on Saturday, Lenskart's shareholders cleared the proposal to raise Rs 2,150 crore ($250 million) through the IPO. The total issue size is likely to be as much as $1 billion, according to people aware of the matter. One of the sources said the company is set to file its draft red herring prospectus (DRHP) with Securities and Exchange Board of India (Sebi) in the coming days. With this, Lenskart will join other large new-age firms like Groww, Meesho, PhysicsWallah, and Pine Labs that are filing IPO documents this year. In total, nearly 14 venture-backed new-age companies are aiming to raise over Rs 20,000 crore from the public markets in 2025. Filings also showed that Lenskart's shareholders, including SoftBank, Kedaara Capital, Abu Dhabi Investment Authority, Fidelity and Temasek, have approved a new employee stock option plan, Esop 2025, comprising 7.2 million shares. Data from Tracxn shows that about 19% of Lenskart's shares are currently earmarked for its Esop pool. ET had reported on July 10 that Lenskart plans to issue additional shares to founder and CEO Peyush Bansal through a structured payout, which may increase his holding by 1.5-2%. Bansal and his sister Neha Bansal, also a cofounder, together own 14-15% of the company. Lenskart, which won The ET Startup Awards 2024 in the Startup of the Year category, operates in India and other markets such as the Middle East, Southeast Asia, Australia, Japan and South Korea. In FY24, Lenskart's operating revenue grew 43% year-on-year to Rs 5,428 crore, while its net loss narrowed to Rs 10 crore from Rs 64 crore in FY23. In an October interview with ET, Peyush Bansal said the company is investing $200 million in a new manufacturing plant in southern India. Currently, Lenskart makes frames and lenses at its facility in Rajasthan. Lenskart's last round of funding in June 2024 valued the company at $5 billion. US-based Fidelity marked up the valuation of the omnichannel eyewear retailer by more than a fifth to $6.1 billion at the end of April. The company's omnichannel strategy, combining its website with more than 2,500 retail outlets, has been a major growth driver. While online sales have outpaced store sales growth in the past two to three years, Lenskart continues to expand its offline footprint also showed that Lenskart has appointed PaySense cofounder Sayali Karanjkar and IndMoney founder Ashish Kashyap as independent directors on its Bansal has been named chairman, managing director and CEO of Lenskart, while Neha Bansal has been appointed executive director. Cofounder Amit Chaudhary has been named an executive director on the board.
India Today
3 hours ago
- India Today
Google Pixel 10 series launching on August 20, here is everything we know about it
Google has confirmed that its next big hardware showcase is just weeks away, and the Pixel 10 series is front and centre. The company has already revealed an official image of one of the new phones, giving us a glimpse of a fresh blue-grey shade, but, as always, the leaks and rumours have done most of the heavy an expanded line-up and new camera tricks to a new chipset and a splash of unexpected colour, here's everything we know so far about the Pixel 10 series ahead of its August Pixel 10 launchThe next Made by Google event will take place in New York on August 20, with the company promising 'the latest on our Pixel phones, watches, buds, and more.' The only confirmed hardware detail? At least one phone in the Pixel 10 family will stick closely to the Pixel 9 Pro's design, right down to the trademark camera bar and the built-in temperature sensor. Everything else, from specs to model names, comes courtesy of the leaks. If the reports are right, we'll be getting four phones this time: the standard Pixel 10, the 10 Pro, a bigger 10 Pro XL, and the second-generation foldable, the 10 Pro Fold. If leaked renders from Android Headlines are accurate, Google is having some fun with colours this the regular Pixel 10, the palette is bold and playful: the usual 'Obsidian' black will be joined by a deep Indigo, a frosty pale blue, and a zingy lime-green called Limoncello. The Pro models play it safer, sticking to muted tones like Porcelain, Jade, and Moonstone alongside the classic black. Credit: Android Authority Curiously, the foldable model ditches black entirely. Instead, the Pixel 10 Pro Fold is expected to launch only in 'Moonstone' and 'Jade'.Google Pixel 10: CamerasThe big twist? Even the entry-level Pixel 10 is finally getting three cameras on the back, wide, ultrawide, and a telephoto don't get too carried away. To squeeze in that telephoto without bumping up the price, Google has apparently opted for smaller, less capable main and ultrawide sensors. According to Android Authority, they'll be the same sensors used in the Pixel 9a. So, while you gain a zoom lens, you may lose a bit of low-light performance. Google Pixel 10 (Credit: X/ @evleaks) The Pro models, by comparison, stick with the bigger, better hardware from the Pixel 9 Pro, so expect a noticeable gap in image quality. The 10 Pro Fold's cameras are rumoured to be a mix: similar sensors to the base Pixel 10 for main and telephoto, but with an upgrade over the Fold's last Pixel 10: ProcessorEvery year brings a faster processor, but this year the upgrade sounds like a real Tensor G5 chip is said to be moving away from Samsung's manufacturing process and over to TSMC, using the same 3nm tech that Apple relies on for the iPhone 16 Pro's A18 Pro chip. Google Pixel 10 Pro Fold (Credit: X/ @evleaks) Combined with a revised core layout, that could mean a noticeable boost in performance and efficiency, helping Pixel phones close the gap with Apple and Qualcomm-powered Pixel 10: AI everywhereOf course, it wouldn't be a Pixel launch without some AI. Google is reportedly preparing new tools like Speak-to-Tweak, which would let you edit photos with just your voice, and Sketch-to-Image, which turns your doodles into AI-generated also a new virtual assistant on the way called Pixel Sense. Previously rumoured to be called Pixie, this on-device AI will pull data from across your Google apps to anticipate what you want, offer suggestions before you ask, and carry out tasks without sending everything to the Pixel 10 India price and launchGoogle hasn't yet revealed prices or detailed features for the upcoming Pixel 10 range, but early speculation suggests the new models may be priced in line with their predecessors. The standard Pixel 10 is expected to start at around Rs 79,999 in India, with the Pixel 10 Pro likely to come in close to Rs 99, larger Pixel 10 Pro XL could see a modest bump, potentially crossing the Rs 1,02,000 mark. Interestingly, the Pixel 10 Pro Fold is rumoured to be more affordable this year, with a possible launch price of roughly Rs 1,36,500, a significant drop from last year's Rs 1,72,999 price tag.- Ends
