India

Breaking News: India Makes a U-Turn on AI Regulations, Requires Government Approval for Model Launches

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Requires Government Approval for Model Launches

Requires Government Approval for Model Launches. India has joined the world AI debate with the release of an advisory that demands companies in the field of technology to obtain government approval before making any announcements about new AI models. In India, the Ministry of Electronics and IT issued the advice to companies on Friday. The document, … Read more

$8.5 billion joint venture launched as Reliance and Disney merge India media businesses

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Reliance and Disney merge India

Reliance and Disney merge India media businesses to launch $8.5B joint venture. Reliance’s portfolio of Viacom18, Disney, and its media business in India will merge, creating India’s largest media company. Reliance will be the controlling joint venture and directly own 16.34% of this merged entity. It has been valued at $8.5 billion. Disney will hold 36.84% of … Read more