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India and European Union on Friday signed a Memorandum of Understanding on cooperation on semiconductors ecosystem which will facilitate investments, joint ventures and technology partnership including manufacturing facilities.

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NeevCloud has announced the launch of the country’s first AI SuperCloud. The company aims to make India self-reliant on AI and Supercomputing and help users resolve India’s core challenges by deploying AI cloud infrastructure including 40,000 GPUs and storage worth $1.5 billion by 2026.

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