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The laboratories will be established across Tier-2 and Tier-3 cities under the IndiaAI FutureSkills programme. They are intended to provide practical training in artificial intelligence, data annotation, data curation and applied data science, giving students in technical institutions access to infrastructure and courses aligned with emerging employment needs.

The 58 Centres of Excellence will be developed across states and Union Territories through partnerships involving state administrations, academic institutions and industry. Their mandate is expected to include research, product development, startup support, workforce training and the application of AI to local economic and public-service challenges.

The expansion forms part of the ₹10,372 crore IndiaAI Mission approved in March 2024. The programme is structured around seven areas covering computing capacity, indigenous foundation models, application development, skills, datasets, startup financing and safe deployment of artificial intelligence.

Twenty-seven Data and AI Labs have already been established with the National Institute of Electronics and Information Technology in Tier-2 and Tier-3 locations. The additional 543 facilities will take the planned national network to 570 laboratories, extending the initiative through ITIs and polytechnics in all states and Union Territories.

Courses are being designed to offer both foundational instruction and sector-focused training. Planned subjects include data cleaning, Python-based annotation and curation, data science, generative AI awareness and the responsible use of automated tools. The laboratories are also expected to provide hands-on access to computing systems rather than relying solely on classroom theory.

The programme addresses a persistent concentration of technology education, research institutions and high-value digital employment in major cities. Students in smaller industrial and educational centres often face limited access to specialised trainers, computing infrastructure and industry networks, even as companies seek workers capable of handling data-intensive operations and AI-supported processes.

Industrial training institutes and polytechnics have been chosen because of their role in preparing students for technical occupations. Integrating AI modules into these institutions could connect traditional vocational education with changing requirements in manufacturing, logistics, healthcare, agriculture, retail, financial services and public administration.

The government is also developing standardised curricula for different levels of technical ability. The YUVA AI for All programme supports introductory literacy, while the Skilling for AI Readiness framework offers nationally aligned learning pathways for school students, educators, technical trainees and workers without formal computing backgrounds.

More than 120 AI-related courses are available through the Skill India Digital Hub, including 11 focused specifically on generative artificial intelligence. A 15-hour course titled AI to be Aware introduces learners to generative tools, practical applications, limitations and responsible usage under the National Skills Qualification Framework.

The laboratory rollout is being accompanied by a wider effort to strengthen research and deployment. The IndiaAI Mission has identified 762 potential AI use cases across 62 ministries, covering areas such as healthcare, agriculture, climate management, cybersecurity, financial regulation and government service delivery.

Eleven national hackathons and innovation challenges have been launched to move selected ideas from initial development towards pilot projects and wider implementation. The government has also approved applications for AI solutions designed around domestic languages, datasets and operational conditions.

The common computing programme has onboarded more than 38,000 graphics processing units, which are being offered to startups, researchers and academic institutions at subsidised rates. Access to such computing power is essential for training and testing large models, but costs remain a barrier for smaller companies and institutions.

Twelve organisations and consortia have been selected to develop large and small language models using domestic datasets. Participants include startups, technology companies and academic groups working on multilingual, multimodal and sector-specific systems. The resulting models are expected to support government applications and become available to the broader research and startup ecosystem.

Talent development under the mission includes support for more than 8,000 undergraduate students, 5,000 postgraduate students and 500 doctoral researchers. The laboratory network is designed to widen the entry point further by reaching students enrolled in vocational and diploma-level programmes.

Implementation will depend on the availability of qualified instructors, reliable connectivity, maintained hardware and sustained coordination between institutions and industry. Training outcomes will also need to be measured against employment, certification and practical competence rather than the number of laboratories formally approved.

By K Raveendran India’s political conversation appears to be acquiring a new address. It is no longer confined to Parliament House, party headquarters, election rallies or television studios. Increasingly, it begins with a mobile phone placed at a flattering angle, a carefully chosen background and the familiar instruction to look into the camera and speak […]

The article When Parliament Goes Silent, Politics Switches On The Camera appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

As audiences increasingly consume content through AI-powered search, personalized recommendations, and immersive digital experiences, #legend is investing in artificial intelligence to enhance editorial excellence, deepen audience engagement, and create greater value for readers, luxury brands, and business partners.

“AI is not replacing creativity; it is enhancing it,” said Bruce Rockowitz, Chairman of Legend Publishing. “Luxury has always been about delivering exceptional experiences. By embracing AI, we can better understand our audience, produce richer content more efficiently, and connect brands with consumers in more meaningful ways.”

Central to the transformation is a new AI-powered editorial ecosystem built to support journalists and creative teams. Editors will be assisted with research, multilingual translation, trend analysis, and workflow efficiencies, freeing them to concentrate on the original storytelling and high-quality journalism that have defined the publication since its founding.

Readers will also notice a more personalized experience. #legend will introduce intelligent content discovery across its digital platforms, surfacing articles, luxury products, travel destinations, events, and business insights tailored to individual interests. For the brand’s commercial partners, this translates into more targeted, measurable, and meaningful marketing opportunities backed by real audience data.

For luxury brands working with #legend, AI-powered analytics will offer a clearer window into audience behavior, campaign performance, and emerging consumer trends, enabling stronger strategies and more accountable investment.

The company will also accelerate the production of premium marketing content, social campaigns, newsletters, video and multilingual editorial through generative AI, supporting its continued growth across Asia without compromising the editorial standards the brand is known for.

Recognizing that readers increasingly discover content through conversational AI rather than conventional search, #legend is investing in publishing infrastructure built for this new reality. By strengthening structured content, digital discoverability, and intelligent search capabilities, the platform is cementing its place as a trusted voice for luxury and lifestyle content wherever readers choose to find it.

Across the business, the benefits are expected to be tangible: faster production cycles, stronger reader engagement, sharper advertising performance, and more confident, data-informed decision-making at every level of the organization.

Through it all, the qualities that built #legend’s reputation remain non-negotiable. Authentic storytelling, trusted journalism, and premium experiences are not features of the old model to be discarded. They are the foundation upon which everything new will be built.

“Our future lies at the intersection of innovation and creativity,” Rockowitz added. “By combining human expertise with intelligent technology, we are building a smarter media platform that will continue to inspire readers, empower brands, and shape the future of luxury publishing in Asia.”

Hashtag: #legend

The issuer is solely responsible for the content of this announcement.

About #legend

#legend is Hong Kong’s premier digital destination for fashion, beauty, culture, and the extraordinary lives of the city’s most influential figures. Founded in Hong Kong, #legend has grown from a local publication into an influential voice in Asian luxury lifestyle media. The platform covers Culture, Watches & Jewellery, Fashion, Travel, Wellness, Design, Beauty, and related verticals, through print, digital, social media, and event experiences, with a mission to celebrate creativity, innovation, and the pursuit of excellence, connects influential audiences with the people, brands, and ideas shaping the future of luxury living.

For more information, visit: https://hashtaglegend.com/about

The benchmark closed at 61,434.19, down 930.73 points, or 1.49%, after briefly dropping to 60,448.90. The index moved through a range of almost 2,700 points, having reached a session high of 63,138.04 during early trading.

The intraday slide from the high exceeded 1,700 points, reflecting unusually volatile trading rather than a fall of that size from Tuesday’s closing level. The index had ended the previous session at 62,364.92 after losing more than 2,500 points.

Semiconductor companies led the decline as investors questioned whether the vast sums being invested in AI infrastructure would generate returns quickly enough to justify elevated technology valuations. The selling was amplified by weakness in South Korea and Taiwan, whose markets contain some of the world’s largest memory-chip and contract-manufacturing companies.

Asian chipmakers had benefited from expectations that spending on data centres, advanced processors and high-bandwidth memory would continue expanding. Those assumptions are now facing closer scrutiny as capital expenditure rises, borrowing costs remain high and earnings expectations become more difficult to exceed.

The shift was visible in South Korea, where the Kospi suffered another severe fall and chip heavyweights came under sustained pressure. Taiwan’s benchmark also declined as investors sold shares exposed to the global semiconductor supply chain.

Tokyo-listed equipment makers and chip-related companies were caught in the same retreat. Their large influence on the price-weighted Nikkei magnified the index’s movements, leaving the broader market vulnerable to concentrated selling in a small group of expensive stocks.

Investors were also awaiting quarterly results from major US technology companies, including businesses whose spending plans have become central to demand forecasts for advanced chips. Any indication that data-centre expenditure is slowing could deepen concerns about the durability of the AI investment cycle.

The Nikkei’s decline followed a powerful rally that had carried the benchmark above 70,000 earlier in July. Despite the pullback, the index remained substantially higher than a year earlier, showing how quickly valuations had expanded during the AI-driven advance.

Currency movements added another layer of uncertainty. The yen remained near its weakest level against the dollar in about four decades, despite gaining slightly during Wednesday’s trading. A weaker currency generally supports exporters by increasing the yen value of overseas earnings, but an extreme decline raises import costs and complicates monetary policy.

Japan depends heavily on imported energy and raw materials. The yen’s depreciation, combined with higher oil prices, threatens to intensify inflation and squeeze household spending. It has also increased speculation that authorities may intervene in foreign-exchange markets.

Markets are watching for any disruption to the yen carry trade, in which investors borrow cheaply in Japan and direct the funds towards assets offering higher returns elsewhere. A sudden strengthening of the yen can force traders to unwind those positions, producing rapid declines across equities, bonds and currencies.

The Bank of Japan begins a two-day policy meeting on Thursday. Traders are assessing whether persistent currency weakness and rising energy costs could push officials towards tighter policy, even as instability in equity markets increases the risks surrounding another rate move.

Oil prices climbed more than 3% as conflict in the Middle East threatened shipping and energy supplies. Higher crude prices added to inflation concerns ahead of the US Federal Reserve’s policy announcement and reduced investors’ willingness to hold high-valuation growth stocks.

The dollar remained supported near a one-month high as traders considered whether the Federal Reserve could maintain a restrictive policy stance. Higher US yields tend to pressure technology valuations by reducing the present value of expected future earnings.

InMobi’s unified intelligence engine delivers 2x revenue growth and a 40% improvement in ROAS, while the expanded InMobi Accelerate and Alliance network unlocks broader advertising reach

SHANGHAI, CHINA – Media OutReach Newswire – 29 July 2026 – InMobi Advertising, the agentic advertising platform from global technology company InMobi, today announced a major expansion of its China business, introducing new AI-powered cross-screen and full-funnel advertising capabilities to help Chinese brands and developers grow both domestically and internationally. The company will showcase its latest commerce and advertising monetisation solutions at ChinaJoy 2026.

As Chinese enterprises transform into global brands, they face challenges on two distinct fronts. Domestically, navigating search, social and content ecosystems dominated by powerful closed platforms requires deep local relationships and market expertise. Internationally, consumer attention is increasingly fragmented across mobile devices, lock screens and connected TV, while advertising is often planned and bought in isolated silos, resulting in disconnected user experiences, higher churn and unpredictable returns on advertising spend.

New AI-Powered Cross-Screen Advertising CapabilitiesDrive Measurable Results

To support Chinese brands expanding globally, InMobi has introduced a unified advertising solution that combines its global programmatic exchange, strategic OEM partnerships with industry leaders including Samsung, Motorola and Google, and Glance, its flagship consumer platform. Together, these assets create an AI-optimised framework that connects mobile, lock screen and connected TV experiences, reaching more than 2.5 billion devices through 70,000+ apps integrated with the InMobi SDK.

Powered by InMobi’s unified intelligence framework, the framework is already delivering strong business outcomes, including over 2x revenue growth, and an almost 40% improvement in return on advertising spend (ROAS). Publishers integrating through the InMobi SDK are also achieving almost 3-5x greater revenue compared with API-only integrations.

At the centre of this ecosystem is Glance, which reaches approximately 250 million active users globally and provides Chinese advertisers with access to one of the world’s most engaged consumer surfaces through AI-powered discovery and commerce experiences.

Expanded InMobi Alliance Network Enhances Market Access

Alongside its AI-powered cross-screen innovations, InMobi continues to expand InMobi Accelerate and Alliance business, through which advertisers can access search and social inventory through InMobi’s strategic partnerships with Microsoft Advertising, Baidu, and Yandex, among others, helping advertisers access premium inventory and audiences across domestic and international markets. Since 2023, media flow through InMobi Accelerate and Alliance has increased rapidly in China, reflecting growing demand from Chinese advertisers seeking growth opportunities across domestic and overseas markets. Globally, InMobi Accelerate and Alliance manages more than US$2.5 billion in media flow.

“Chinese enterprises are entering a new phase of growth, with ambitions that extend well beyond individual markets or channels,” said Abhay Singhal, Co-founder of InMobi. “Our role is to bring together the platform access, consumer reach and AI-led intelligence they need to grow with greater consistency. Through InMobi Accelerate and Alliance, and our cross-screen, full–funnel capabilities via agentic AI and Glance, we are helping businesses connect fragmented touchpoints and turn them into more meaningful consumer engagement and measurable outcomes.”

Expanding Support for China’s Booming Short-Drama Industry

InMobi is also expanding its focus on the fast-growing short-drama industry, one of China’s most dynamic digital content categories. According to National Radio and Television Administration in 2025, the market surpassed RMB100 billion (US$14.7 billion) in 2025 and now includes more than 800 Chinese short-drama apps operating internationally.

As competition intensifies, user retention has become as important as user acquisition. Leveraging AI-powered retargeting, lifecycle marketing and audience intelligence capabilities, InMobi helps publishers re-engage viewers, recommend relevant content and improve long-term monetisation. The company plans to deepen its engagement with the short-drama ecosystem through creator partnerships, joint marketing initiatives and proprietary audience solutions that support sustainable growth in global markets.

Meet InMobi at ChinaJoy 2026

Attendees, media and industry partners are invited to visit InMobi during ChinaJoy 2026 to learn how the company is helping Chinese brands and developers accelerate growth across domestic and global markets.

• Dates: 31 July – 3 August 2026
• Venue: Shanghai New International Expo Centre (SNIEC), Shanghai
• Booth No.: W4F102

Hashtag: #InMobi

The issuer is solely responsible for the content of this announcement.

InMobi Advertising

InMobi Advertising, part of global technology company InMobi, is an agentic advertising platform helping brands and merchants achieve their business outcomes. Through its proprietary intelligence, AI-led solutions, and vast consumer reach — including flagship consumer platform Glance — InMobi Advertising delivers the omnichannel performance defining what’s next in advertising and commerce. Glance is owned and operated by Glance InMobi Pte. Ltd., a non-consolidated subsidiary of InMobi Pte. Ltd. To learn more, visit advertising.inmobi.com.