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Ultraviolette’s answer to the global chip squeeze; The making of Indian flying taxis

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Ultraviolette’s answer to the global chip squeeze; The making of Indian flying taxis

Union Minister Piyush Goyal said that the commerce ministry is identifying "AI-proof" professions where artificial intelligence enhances efficiency rather than replaces workers. 

Addressing Indian researchers and students in Germany, Goyal noted that safeguarding employment while capitalising on technological shifts requires focusing on sectors driven by human creativity and traditional skills such as handicrafts, handlooms, culinary arts and tourism.

Meanwhile, Nvidia’s role as the primary financial engine of global AI development faces its first real stress test amid tightening credit markets for its partners. 

Beyond developing foundational hardware, CEO Jensen Huang expanded the company’s reach by deploying its own capital and debt assistance to fund AI model creators, data centre operators, and "neocloud" providers, directly subsidising the infrastructure needed to deploy its advanced systems, CNBC reports.

ICYMI: India has slashed the cost of cancer drugs that could save the lives of millions of people. 

Lastly, while healthtech startups are rapidly building innovations such as remote monitoring and AI decision tools for frontline workers, scaling them across India’s public healthcare system remains a major barrier. 

Speaking at TechSparks 2026, industry leaders Dr. Geetha Manjunath (Niramai), Debraj Banerjee (Fundamentum Frontier Advisors), and Shekar Sivasubramanian (Wadhwani AI) pinpointed three key hurdles stifling widespread adoption: meeting stringent clinical validation standards, integrating into legacy public health infrastructure, and securing the patient, long-term capital required to navigate India’s diverse medical ecosystem.

Here’s your trivia for today: What Indian pharmaceutical giant, famous for pioneering affordable antiretroviral AIDS medications globally, was founded in Mumbai by Dr. KA Hamied in 1935?


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