Huawei says it will ramp up smart-driving R&D with more than $10 billion over the next five years, aiming to boost computing power for training. The move underscores the company’s push to accelerate AI model development for autonomous driving systems, betting that stronger compute capabilities will translate into faster progress and improved performance on next-generation driving technologies.
Huawei plans to invest $2.6 billion in research and development for smart driving, alongside major spending on computing power. The company says the push is designed to strengthen its position in China’s electric vehicle market as demand accelerates. Huawei’s automotive unit is now its fastest-growing business, with multiple vehicle models showcasing its technology.
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China’s highly advanced factories, powered by heavy research and development, create a manufacturing advantage that reaches global markets. India wants to become a manufacturing powerhouse too, but it needs faster, deeper public private partnerships and bigger investments in critical sectors to close the innovation gap.
U.S. chipmaker Marvell plans a major ramp-up in India hiring and research to power rising global AI infrastructure demand. Its India workforce of about 1,700 people is set to grow around 15% annually for the next three years, as the company expands collaborations with hyperscalers and local firms while India’s data centre footprint accelerates.
Vertex Group has launched a Responsible AI Lab, committing Rs 100 crore toward research and development over the next three years. The initiative is designed to embed ethics and transparency into its AI innovations, signaling a shift from building models to governing how they behave in real-world use.
IMF Managing Director Kristalina Georgieva praised India’s Union Budget as a thoughtful policy agenda, highlighting its emphasis on innovation across research and development, human capital investment, and digitalisation. Her remarks underscore international confidence in India’s investment priorities, especially around skills and technology-led growth—key areas the budget seeks to strengthen for long-term economic resilience.
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