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India is poised to commence the next round of semiconductor investments within the next six months, according to IT Minister Ashwini Vaishnaw. This comes as the government aims to build upon the nearly $23.5 billion commitment made under the first two phases of its semiconductor mission. Speaking in an interview, Vaishnaw highlighted the importance of design talent in the country's semiconductor strategy and emphasized the focus on niche products and an advanced packaging ecosystem for fabs.

Additionally, concerns have been raised about AI agents and social media's impact on users, particularly regarding child safety and algorithm-driven addiction. Mukund Jha, the cofounder and CEO of Emergent, shared that the company is shifting its focus from AI software development to business automation, with AI agents expected to handle tasks such as cash-flow analysis, scheduling, and social media management.

Emergent aims to have a significant portion of its revenue generated by these agents within the next 15-20 months. Moreover, Gurugram-based CityMall is in discussions to raise Rs 400-500 crore at a valuation of around Rs 4,000 crore, with the potential for an IPO within the next six to eight quarters.

Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at economictimes.indiatimes.com →

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