Andhra Pradesh, PanIIT partner for Rs 500

Industry experts argue India must develop its own AI safety framework tailored to its unique languages, scale, and application-focused ecosystem, rather than copy the newly signed White House Accord on Super Intelligence.

While top US tech firms such as OpenAI, Meta, Google, and xAI recently committed to voluntary internal controls, external audits, and oversight teams under the US pact, Indian leaders like Nasscom Chairman Srikanth Velamakanni emphasize that India needs a customised, multi-stakeholder approach.

Meanwhile, India’s top IT services firms are expected to post muted revenue growth (0.5–1% quarter-on-quarter) and stable margins for Q2 FY27 due to tight discretionary client budgets and prolonged decision cycles amid geopolitical tensions.

While UnearthInsight expects Q2 performance to mirror a sluggish Q1, Gartner sees a slight uptick driven by older contract wins transitioning into revenue. Overall, analysts say that market cautiousness persists, with key focus turning to conversion rates from deal pipelines to revenue and the deflationary impact of AI on traditional IT services.

Moving on to the world of electric vehicles, researchers are now looking at why some people feel motion sickness in an EV while others don’t. One of the possible reasons could be that humans have got accustomed to the sound of engines with movement. The silence in electric cars could trigger motion sickness, BBC reports. Other reasons include the braking mechanism in these cars as well as the way they accelerate and decelerate.

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Here’s your trivia for today: Which Japanese company was originally founded in 1946 under the name Tokyo Tsushin Kogyo before changing its name to a word derived from the Latin term for "sound"? (Scroll down for answer)

PanIIT Alumni India and the Andhra Pradesh government are partnering to launch the Rs 500-crore PanIIT Amaravati Venture Fund, targeting a first close by July 1, 2027. Unveiled at the PanIIT Andhra Pradesh Summit in Vijayawada on Saturday, the deeptech-focused fund aims to back at least 25 local startups by 2030 as part of a broader push to drive research, capital, and manufacturing into the state.

While the fund will draw capital from IIT alumni, industry figures, and institutional investors, the exact financial breakdown among the partners remains undisclosed.

Over the past decade, Addverb has scaled from a five-member team into a global intralogistics player with over 1,000 employees, 300+ clients, and operations across 25 countries. The company offers end-to-end solutions combining hardware (AMRs, AGVs, general-purpose humanoids) with custom software across diverse industries including FMCG, electronics, petrochemicals, and energy.

Addverb is currently expanding its R&D into "physical AI" and aims to double its revenue while expanding its global presence to 100 countries over the next decade.

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