Business Economy


Blaize signs MoU with Telangana for electronics, semiconductor, AI initiatives

Davos/Hyderabad, Jan 21 (UNI) The Chief Minister A Revanth Reddy-led ‘Telangana Rising’ delegation has signed a Memorandum of Understanding (MoU) with Blaize, a California-based company known for designing energy-efficient AI hardware and full-stack software for data-centre AI computing.
The MoU was finalised during the World Economic Forum (WEF) 2026 meeting with Blaize Co-founder and CEO Dinakar Munagala.
The agreement is aimed at accelerating Telangana’s initiatives in electronics, semiconductor development and artificial intelligence, as the State steps up efforts to position Hyderabad as a global hub for emerging technologies.
Blaize, which has partners across Asia for hybrid AI infrastructure supporting smart cities and industry-focused solutions, already operates a dedicated R&D and engineering centre in Hyderabad.
Discussions during the meeting focused on Telangana’s support for scaling up Blaize’s Hyderabad facility and enabling expansion of advanced AI engineering capabilities.
Expressing happiness over the MoU, Chief Minister Revanth Reddy said Telangana’s target of becoming an AI data centre hub is a key pillar of the State’s ambition for $3 trillion growth over the next two decades.
He noted that Telangana is rapidly emerging as a progressive, technology-driven State with high-impact initiatives in AI, data centres, quantum computing, hardware, automation and next-generation digital infrastructure.
Minister for IT and Industries D Sridhar Babu said the State is launching the ‘Telangana AI Innovation Hub’, describing it as a strategic nerve centre to drive investments, research and innovation while positioning Hyderabad as a premier global AI destination.
He welcomed Blaize’s interest in scaling its R&D centre and assured government support for building a pipeline of advanced AI talent.
The meeting also explored possible industry use-cases, including piloting AI solutions in healthcare diagnostics, manufacturing automation and energy efficiency, according to an official statement here on Wednesday.
UNI VV ARN BM
More News

DFS secy rolls out facilitation camps to promote ‘Paripoorna Mediclaim Ayush Bima’ for CGHS beneficiaries

18 Feb 2026 | 1:07 AM

New Delhi, Feb 17 (UNI) The Department of Financial Services (DFS) under the Ministry of Finance on Tuesday launched special facilitation camps to promote the newly introduced Paripoorna Mediclaim Ayush Bima policy for beneficiaries of the Central Government Health Scheme (CGHS).

see more..

Reliance Inks partnership deal with TGI group to sell FMCG products in Nigeria

17 Feb 2026 | 10:17 PM

Mumbai, Feb 17 (UNI) Reliance Consumer Products Ltd (RCPL) officially announced here on Tuesday in a filing to the stock exchange that it has entered into a deal to form a majority-owned joint venture with Nigeria-based Tropical General Investments Group (TGI Group), which will give RCPL a stronger foothold in the Nigerian market.

see more..

AI in governance: Experts stress caution, evaluation and ethics

17 Feb 2026 | 8:56 PM

New Delhi, Feb 17 (UNI) The role of artificial intelligence in improving government efficiency and public service delivery came under discussion at the India AI Impact Summit 2026 on Tuesday, with experts calling for rigorous evaluation and stronger governance frameworks before large-scale deployment.

see more..

SATTE 2026 to feature 2,000 exhibitors representing more than 3,200 brands from across 60 countries

17 Feb 2026 | 8:56 PM

New Delhi, Feb 17 (UNI) The 33rd edition of South Asia Travel & Tourism Exchange (SATTE) will take place from February 25 to 27, 2026 at Yashobhoomi, New Delhi, under the theme 'An Opportunity Called India.' The exhibition is hosting 2,000 exhibitors representing more than 3,200 brands across 60 countries.

see more..

Tenth Monitoring Committee meeting reviews BC’s network nationwide

17 Feb 2026 | 8:24 PM

New Delhi, Feb 17 (UNI) The 10th meeting of the Monitoring Committee on Business Correspondents (BCs) was held here on Tuesday under the chairmanship of M Nagaraju, Secretary, Department of Financial Services.

see more..