Musk, who leads both Tesla and his AI startup xAI, has suggested that the funds could be used to advance xAI's technology and integrate it with Tesla’s systems
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Out of the 32 companies approved under the PLI scheme for large scale electronics manufacturing, seven are greenfield companies and 25 are brownfield companies
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The financial services industry constitutes the largest customer base for data streaming solutions in India
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A significant portion of this investment, Rs 34,000 crore, will be allocated to Adani Green Energy, the group's renewable energy division
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The company has invested USD 289 million in data centres in India since 2021 before expanding into Chennai
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Bansal’s startup plans to triple its workforce in India and significantly increase its R&D efforts using a substantial portion of its recent USD 150 million financing
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The financing will be provided through long-term non-convertible debentures allocated to the project's special purpose vehicles
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The announcement was made during Samant's tour of Germany, where he met with top executives of Mercedes Benz to discuss potential investment opportunities in the state
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The US-based company plans to quadruple Chennai-based workforce as AI demand grows
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This announcement comes amid a wave of investments by other global tech giants in Southeast Asia, attracted by the region's young, tech-savvy population of 670 million
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