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The information technology industry is expected to grow to $350 billion by 2030, from $200 billion at present, Infosys co-founder Senapathy “Kris” Gopalakrishnan said on Wednesday. Gopalakrishnan, who is also the chairman of the vision group for IT in Karnataka, was speaking at the inauguration of the three-day Bengaluru Tech Summit 2023.

IT consulting firm Crayon on Wednesday launched an incubation centre in partnership with Amazon Web Services, the cloud arm of Amazon in India, for India based ISVs and startups to develop cloud based digital solutions for public sector application areas such as agriculture, healthcare, utilities, and smart infrastructure and edtech.

Generative artificial intelligence (AI), climate tech and fintech sectors will be the hot areas for venture capitalists and founders in the next year, according to the prediction by Prashanth Prakash, founding partner of the global venture capital firm Accel Partners in India and the chairperson of Karnataka Startup Vision Group.

Augmented reality, what is it the immersive technology known as augmented reality (AR) combines virtual and actual worlds. It’s a cutting-edge technological idea that lets users superimpose 3D virtual visuals over actual objects. With the use of digital components, audio, and other sensory inputs, augmented reality seeks to create an immersive and participatory experience.

To expand its presence in the competitive AI market, Dell Technologies Inc. has inked a lucrative $150 million deal with Imbue, an AI startup that aims to build personal computers with AI agents. Under the deal, Dell will provide Imbue with servers essential for processing the massive datasets required to develop advanced AI systems and construct models with sophisticated reasoning capabilities.

Center will help local ISVs and startups to navigate challenges around building and scaling digital solutions for the public sector, and take advantage of AWS s innovative services Crayon Software Experts India (Crayon), a global leader in digital transformation services, today announced the launch of an Independent Software Vendor (ISV) Incubation Center in Bengaluru.