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Technology Adoption News - Latest Updates & Headlines

IN-SPACe's new Rs 500 cr tech adoption fund to boost space startups

New Delhi, Feb 20: The new Rs 500 crore worth Technology Adoption Fund (TAF) unveiled by the Indian National Space Promotion and Authorization Centre (IN-SPACe), an arm of the Department of Space (DoS), will nurture and support the growth of India's space startups as well as their technological capabilities.

23% Indian business implemented AI, 73% to adopt artificial intelligence tech in 2025

New Delhi, February 2: Twenty-three per cent of Indian businesses have already implemented AI, surpassing other survey markets, while 73 per cent expect to expand AI use in 2025, well above the survey average of 52 per cent, according to CPA Australia's Business Technology Report 2024, in collaboration with the Associated Chambers of Commerce and Industry of India (ASSOCHAM).