
IBM opens agentic AI innovation center in India
The Center will help clients, partners, and startups fast-track adoption of AI, foster co-innovation, and empower developers through hands-on learning and collaboration with IBM AI experts. Developer hangouts and AI Accelerator Days will be organized for an ongoing engagement with community to foster learning in the latest advancements in AI technology and deep engagement that leads to building tangible outcomes.
Inaugurating the facility, Dinesh Nirmal, Senior Vice President, IBM Software said, 'We are entering a new era of AI—one defined by intelligent agents that don't just assist but act, adapt, and collaborate in real time. The IBM Agentic AI center brings this vision to life by urging local enterprises to evolve their AI strategy from reactive to proactive. It will empower clients and partners, to identify processes and workflows where AI will significantly boost productivity, elevate customer satisfaction, minimize downtime and enable users to focus on strategic tasks.'
A
recent survey
by IBM, in collaboration with Oxford Economics, reveals that AI is now a key driver of financial performance. The study found that Indian business leaders are leading the charge globally in adopting AI across core business functions. Notably, 78% of Indian executives believe the greatest value of agentic AI lies in enhancing decision-making. Additionally, 78% of the Indian leaders are actively encouraging employees to experiment with agentic AI tools—underscoring a strong culture of innovation and forward-looking leadership.
Sandip Patel, Managing Director, IBM India and South Asia added, "AI is no longer just the future—it is reshaping India today. To unlock its full potential and realize the vision of Viksit Bharat, Indian enterprises must deepen their understanding and focus on high-impact use cases. The rise of Agentic AI is accelerating innovation to meet evolving business needs. With its new Agentic AI Innovation Center, IBM will drive industry-wide collaboration, nurture homegrown innovation, and ensure scalable, real-world impact within a strong governance framework."
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Time of India
20 minutes ago
- Time of India
What happened to UAE's Iceberg Project? The ambitious plan to haul a colossal Antarctic iceberg to the coast of Fujairah
The UAE Iceberg Project planned to tow a massive Antarctic iceberg 6,480 nautical miles to Fujairah but faced major challenges and remains unfulfilled/ Representative Image In a region where rain is rare and water more precious than oil, the United Arab Emirates once had its sights set on an audacious engineering marvel: towing a gigantic Antarctic iceberg to its sun-baked coast to quench thirst, summon clouds, and maybe even reshape climate patterns. But as of 2025, the only glacier ice that has made it to Dubai is not floating off the coast but chilling highball glasses in rooftop bars, courtesy of a boutique Greenland startup. The UAE Iceberg Project : Cold Ambitions in a Hot Desert Launched in 2017 by the National Advisor Bureau Limited, a private Abu Dhabi-based company, the UAE Iceberg Project sought to tow a massive tabular iceberg, measuring roughly 2 kilometers long by 500 meters wide, from Antarctica to Fujairah, a coastal emirate on the Gulf of Oman. 3D concept of the iceberg stationed roughly 3 kilometers off the coast of Fujairah for harvesting/ Image: National Advisor Bureau Ltd. The logic, according to Abdulla Alshehi, the firm's managing director and the project's chief architect, was straightforward: an average iceberg holds over 20 billion gallons of fresh water, enough to supply 1 million people for five years. 'This is the purest water in the world,' he told Gulf News in 2017. And the UAE, consuming 15% of the world's desalinated water and facing depleting groundwater within 15 years, was in no position to ignore unconventional ideas. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Premium 1 BHK at Mahindra Citadel – Coming Soon! Mahindra Citadel Enquire Now Undo The iceberg, selected via satellite near Heard Island in the Southern Ocean, would undertake a 12,000-kilometer (≈6,480 nautical miles), 10-month journey across the Southern, Indian, and Arabian Seas to reach the coast of Fujairah in the UAE. Towed by large ocean-going vessels, it would travel northward through the Indian Ocean before entering the Gulf of Oman. Upon arrival, it would be stationed roughly 3 kilometers off Fujairah's coast. Harvesting would begin immediately, with the aim of extracting potable water within two to three months before significant melting occurs. Computer simulations commissioned by the company projected that up to 30% of the iceberg's mass could be lost during the journey, a challenge the team hopes to mitigate by timing its arrival during the UAE's winter season, when sea temperatures are lower and melting would slow. To prevent breakup during the long journey, Alshehi's firm developed a patent-pending metal belt, a kind of reinforced corset designed to hold the iceberg intact against wave stress and temperature gradients. In 2020, the UK Intellectual Property Office granted Alshehi a patent for his invention, called the "Iceberg Reservoirs" system. The patent was promoted as a credibility boost to attract investment and reinforce the project's technical feasibility. In 2020, the UAE Iceberg Project's 'Iceberg Reservoirs' system was patented by the UK Intellectual Property Office/ Image: National Advisor Bureau Limited A pilot project, costed between $60–80 million, was announced for 2019. A smaller iceberg was to be towed to Cape Town or Perth as proof of concept. The full UAE project carried a price tag of $100–150 million. Despite a splashy website launch ( promises of scientific panels, and a vision of global humanitarian water relief, no trial was ever confirmed to have taken place. As of 2025, there's been no operational progress, no updated logistics, and no official cancellation, just prolonged silence. The Rainmaker Fantasy What made the proposal especially memorable was its near-mystical secondary goal: climate engineering. Alshehi claimed that the presence of a colossal iceberg floating off the UAE coast could induce localized weather changes. 'Cold air gushing from an iceberg close to the Arabian Sea would cause a trough and rainstorms,' he told local media. The iceberg, he argued, could 'create a vortex' that would attract clouds from across the region, generating year-round rain for the desert interior. This, he claimed, could help reverse desertification and transform arid landscapes into lush, green areas, with benefits for agriculture, biodiversity, and the broader ecosystem. Meteorologists weren't sold. While some acknowledged localized effects, like minor cloud formation due to temperature differentials, experts like Linda Lam from said sustained, regional rainstorms were unlikely due to the complex nature of atmospheric dynamics. Water Crisis and the Case for Desperation The UAE's acute water issues form the bedrock of the project's rationale. The country experiences a paltry 120 millimeters of rainfall annually, and according to a 2015 Associated Press report, its groundwater could be fully depleted within 15 years. Meanwhile, the Gulf states have among the highest water usage rates in the world: around 500 liters per person per day. Desalination, though critical, is energy-intensive, costly, and environmentally damaging. Alshehi warned of desalination plants pumping concentrated brine back into the Gulf, increasing salinity and harming marine life. His iceberg initiative, he claimed, would be not only cheaper in the long run but eco-friendlier, despite concerns about dragging a 100,000-year-old ice mass across the globe. He asserted that environmental impact assessments had been conducted, and results suggested minimal disruption to ecosystems,though no independent third-party review was ever published. Ice, Reimagined: A Greenland Startup Finds the Sweet Spot While Alshehi's Antarctic ambitions appear stalled in bureaucratic limbo, a smaller, scrappier company in Greenland has quietly realized a modest version of his vision,not as a humanitarian water source, but as luxury indulgence. Founded in 2022 by Greenlandic entrepreneurs, Arctic Ice ships ice harvested from Greenland's fjords to high-end bars and restaurants in Dubai. Their first commercial shipment, around 22 metric tonnes, arrived recently, offering the 'cleanest H₂O on Earth' to be shaved into ice cubes for cocktails, ice baths, and facial massages in Dubai's spas. Arctic Ice harvests ancient glacier fragments from Greenland's fjords, tests them, and ships purified chunks to Dubai for luxury use/ Image: Arctic Ice The process is artisanal: Using a crane-equipped boat, workers collect naturally calved icebergs from the Nuup Kangerlua fjord near Nuuk. Only the clearest, bubble-free ice, locally known as 'black ice,' is selected. These are believed to be over 100,000 years old, having never touched soil or contaminants. Each chunk is cut with sanitized chainsaws, stored in food-grade insulated crates, and sampled for lab analysis to screen for ancient microorganisms or harmful bacteria. The ice is shipped via refrigerated containers aboard cargo ships already returning empty from Greenland, minimizing additional emissions. The second leg, from Denmark to Dubai, completes the frozen supply chain. Despite the company's carbon-neutral commitment, backlash has been fierce. Critics online lambast the concept as 'climate dystopia,' arguing that glacial ice should not be commodified, especially given the accelerating melt of the Greenland Ice Sheet. Co-founder Malik V. Rasmussen says some messages have verged on death threats. Still, Arctic Ice insists it is creating economic opportunity for a financially dependent Greenland, where 55% of the budget is subsidized by Denmark. 'We make all our money from fish and tourism,' Rasmussen said. 'I've always wanted to find something else we can profit from.' The Fine Line Between Innovation and Spectacle Both projects,the giant iceberg tow from Antarctica and the boutique glacier cubes from Greenland, highlight a pressing tension: how far will humanity go to secure water, and at what cost? Alshehi's vision is bold but fraught with logistical and ethical challenges. Icebergs aren't endlessly renewable, and towing them across hemispheres feels more sci-fi than sustainable. Arctic Ice's venture, meanwhile, has found a controversial niche,combining novelty, luxury, and symbolism. In a time of climate anxiety, it offers an icy illusion of control, frozen fragments of a melting world, crafted into cocktail spheres. Whether climate solution or spectacle, these ideas raise key questions: Who owns natural ice? Can it be harvested responsibly? And as water scarcity grows, how do we balance local needs with global care? For now, the UAE's giant iceberg remains a dream deferred, and Dubai's cocktails are as cold as ever, just sourced from a little farther north, and in smaller, sparkling doses.
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Business Standard
24 minutes ago
- Business Standard
New IRDAI chairman, private banks' retail loan growth, hiring at major commercial banks & more
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Time of India
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- Time of India
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