Bloomberg
Inside India's AI Ambitions | Bloomberg Tech: Asia 8/28/2026
Friday, August 28, 2026
India has announced plans to invest billions of dollars in chipmaking and technology infrastructure as part of an effort to develop AI capabilities. Yotta Data Services Chairman and Co-Founder Darshan Hiranandani discussed the company's India IPO plans in an interview with Bloomberg, while Lightspeed Partner Hemant Mohapatra addressed venture capital and private equity activity in India's AI sector. India faces constraints including insufficient computing infrastructure and competition for venture capital funding.
