- Blockchain Council
- November 30, 2023
In a groundbreaking move, Netweb Technologies, based in Faridabad, has officially joined hands with American chip giant NVIDIA to revolutionize the artificial intelligence (AI) infrastructure in India. This strategic collaboration is poised to make significant strides in high-end computing applications, setting the stage for a transformative impact on the technological landscape.
Netweb Technologies announced its role as the manufacturing partner for the NVIDIA Grace CPU Superchip and GH200 Grace Hopper Superchip MGX server designs. This collaboration is not just about technological advancement; it aligns with the broader vision of the “Make in India” mission. By locally manufacturing AI systems with the MGX platform, Netweb Technologies aims to address the burgeoning demands in both government and private enterprises.
Sanjay Lodha, Chairman and Managing Director of Netweb, expressed optimism about the partnership’s potential impact. “The Make-in-India initiative by Nvidia to support the PMO vision is a great beginning. It will bring locally manufactured cutting-edge technologies at par with global standards,” Lodha remarked.
Netweb will take center stage in producing over ten server variations under its Tyrone range of AI systems. These systems, powered by the NVIDIA MGX platform, are designed to cater to a diverse spectrum of AI applications, ranging from data science to edge computing. The collaboration aims to bolster India’s sovereign AI infrastructure, positioning the country as a formidable player in the global AI landscape.
Vishal Dhupar, Managing Director for South Asia at NVIDIA, emphasized the pivotal role of Netweb’s AI systems. “Netweb’s Tyrone AI systems based on Nvidia MGX will help tackle these challenges and give flexibility to enterprises for a variety of applications, including generative AI, speech analytics, text analytics, automation, and more,” Dhupar stated.
The market has responded positively to this strategic alliance, with Netweb Technologies’ shares experiencing a significant uptick. As of the latest update, the shares are trading at 885, reflecting a 9.09% increase. This surge underscores the market’s confidence in the potential impact of this collaboration on the technological landscape in India.
This collaboration is not an isolated event but part of a larger trend where Indian companies are actively partnering with global leaders to harness their expertise in AI. This collaborative spirit is propelling India into a position of prominence in the AI domain.
The collaboration between Netweb Technologies and NVIDIA is not just a business move; it signifies a paradigm shift in India’s approach to AI. As the demand for AI technologies continues to escalate globally, this partnership positions Netweb Technologies as a key player in delivering cutting-edge, locally manufactured AI solutions.
In the broader context, this collaboration is part of a wave of initiatives where Indian companies are entering partnerships to advance AI applications across various sectors. From medical imaging to generative AI solutions, these collaborations are reshaping the technological landscape in the country.
The Netweb Technologies and NVIDIA partnership is a pivotal moment in India’s journey towards becoming a global AI hub. It is not merely a technological collaboration; it’s a strategic move that will shape the future of AI in India, fostering innovation, growth, and sustainability. As the nation embraces the transformative power of AI, this partnership sets the stage for a new era of technological advancements and possibilities.