Jobs & Careers
Piyush Goyal Announces Second Tranche of INR 10,000 Cr Deep Tech Fund

IIT Madras and its alumni association (IITMAA) held the sixth edition of their global innovation and alumni summit, ‘Sangam 2025’, in Bengaluru on 4 and 5 July. The event brought together over 500 participants, including faculty, alumni, entrepreneurs, investors and students.
Union Commerce and Industry Minister Shri Piyush Goyal, addressing the summit, announced a second tranche of ₹10,000 crore under the government’s ‘Fund of Funds’, this time focused on supporting India’s deep tech ecosystem. “This money goes to promote innovation, absorption of newer technologies and development of contemporary fields,” he said.
The Minister added that guidelines for the fund are currently being finalised, to direct capital to strengthen the entire technology lifecycle — from early-stage research through to commercial deployment, not just startups..
He also referred to the recent Cabinet decision approving $12 billion (₹1 lakh crore) for the Department of Science and Technology in the form of a zero-interest 50-year loan. “It gives us more flexibility to provide equity support, grant support, low-cost support and roll that support forward as technologies get fine-tuned,” he said.
Goyal said the government’s push for indigenous innovation stems from cost advantages as well. “When we work on new technologies in India, our cost is nearly one-sixth, one-seventh of what it would cost in Switzerland or America,” he said.
The Minister underlined the government’s focus on emerging technologies such as artificial intelligence, machine learning, and data analytics. “Today, our policies are structured around a future-ready India… an India that is at the forefront of Artificial Intelligence, Machine Learning, computing and data analytics,” he said.
He also laid out a growth trajectory for the Indian economy. “From the 11th largest GDP in the world, we are today the fifth largest. By the end of Calendar year 2025, or maybe anytime during the year, we will be the fourth-largest GDP in the world. By 2027, we will be the third largest,” Goyal said.
Sangam 2025 featured a pitch fest that saw 20 deep tech and AI startups present to over 250 investors and venture capitalists. Selected startups will also receive institutional support from the IIT Madras Innovation Ecosystem, which has incubated over 500 ventures in the last decade.
Key speakers included Aparna Chennapragada (Chief Product Officer, Microsoft), Srinivas Narayanan (VP Engineering, OpenAI), and Tarun Mehta (Co-founder and CEO, Ather Energy), all IIT Madras alumni. The summit also hosted Kris Gopalakrishnan (Axilor Ventures, Infosys), Dr S. Somanath (former ISRO Chairman) and Bengaluru South MP Tejasvi Surya.
Prof. V. Kamakoti, Director, IIT Madras, said, “IIT Madras is committed to playing a pivotal role in shaping ‘Viksit Bharat 2047’. At the forefront of its agenda are innovation and entrepreneurship, which are key drivers for National progress.”
Ms. Shyamala Rajaram, President of IITMAA, said, “Sangam 2025 is a powerful confluence of IIT Madras and its global alumni — sparking bold conversations on innovation and entrepreneurship.”
Prof. Ashwin Mahalingam, Dean (Alumni and Corporate Relations), IIT Madras, added, “None of this would be possible without the unwavering support of our alumni community. Sangam 2025 embodies the strength of that network.”
Jobs & Careers
IBM Cloud to Eliminate Free Human Support and Pivot to Self-Service and AI

IBM Cloud will overhaul its Basic Support tier, transitioning from free, human-led case support to a self-service model starting in January 2026, according to emails accessed by The Register.
Under the current basic support, which is provided at no cost with Pay‑As‑You‑Go or Subscription accounts, customers can “raise cases with IBM’s support team 24×7.” However, no guaranteed response times or dedicated account managers are included.
According to an email sent to affected customers, this upcoming change means Basic Support users will lose the ability to “open or escalate technical support cases through the portal or APIs.”
Instead, they will still be able to “self‑report service issues (e.g., hardware or backup failures) via the Cloud Console” and lodge “billing and account cases in the IBM Cloud Support Portal,” the media house reported.
IBM encourages users to adopt its Watsonx-powered IBM Cloud AI Assistant, which was upgraded earlier this year. The company also plans to introduce a “report an issue” tool in January 2026, promising “faster issue routing.” Additionally, an expanded library of documentation will provide deeper self‑help content.
The internal message reassures customers that “This no‑cost support level will shift to a self‑service model to align with industry standards and improve your support experience.” Still, for those requiring “technical support, faster response times, or severity‑level control,” IBM advises upgrading to a paid support plan, with pricing “starting at $200/month”.
While IBM claims the move brings its support structure in line with industry norms, the article notes that hyperscale cloud providers such as AWS, Google Cloud, and Microsoft Azure already offer similar self‑service tiers, with extra value like community forums, advisor tools, and usage‑based optimisation, without such drastic cuts to human support, as per news reports.
The post IBM Cloud to Eliminate Free Human Support and Pivot to Self-Service and AI appeared first on Analytics India Magazine.
Jobs & Careers
Neo4j Launches Infinigraph for 100TB+ Unified Graph Workloads

Neo4j has launched Infinigraph, a new distributed graph database architecture designed to run both transactional and analytical workloads in one system at 100TB+ scale.
The platform enables enterprises to store and analyse billions of relationships and run thousands of concurrent queries in real-time. It supports use cases such as embedding tens of millions of documents as vectors for context-aware assistants, global fraud detection, large product catalogues, and compliance analysis.
By merging operational and analytical workloads, Infinigraph addresses the long-standing challenge of data silos. Enterprises often run separate transactional and analytical systems, leading to cost overheads and delays. Neo4j claims its approach removes ETL pipelines, sync delays, and redundancy.
“Infinigraph sets a new standard for enterprise graph databases: one system that runs real-time operations and deep analytics together, at full fidelity and massive scale,” Sudhir Hasbe, president of technology at Neo4j, said in the press release.
Customers such as Intuit and Dun & Bradstreet are already exploring its potential. Chad Cloes, staff software engineer at Intuit, said in the statement that the company needs to scale without compromising performance, adding that Infinigraph could help meet those demands.
The company claims that the system introduces sharding to distribute property data across cluster members while maintaining the graph’s logical integrity. Key benefits include horizontal scaling beyond 100TB, embedding billions of vectors, high availability through autonomous clustering, and cost flexibility with separate billing for compute and storage.
Infinigraph is available in Neo4j’s Enterprise Edition and will be rolled out soon to AuraDB, its cloud-native platform.
The post Neo4j Launches Infinigraph for 100TB+ Unified Graph Workloads appeared first on Analytics India Magazine.
Jobs & Careers
OpenAI Expands ChatGPT Projects to Free Users, Acquires Alex Team

OpenAI has announced that ChatGPT’s Projects feature is now available to Free users, expanding access beyond paid tiers. The update also includes larger file uploads, more customisation options, and new memory controls.
According to OpenAI, Free users can now upload up to five files per project, while Plus subscribers can upload 25 and Pro, Business, and Enterprise customers up to 40.
Users will also be able to select colours and icons for projects, as well as manage memory on a project-only basis. The rollout is live on web and Android, with iOS support expected in the coming days.
In a separate development, OpenAI confirmed that the team behind Alex, an AI-powered coding assistant for Xcode, has joined its Codex team.
Daniel Edrisian, co-founder of Alex, said in a pos
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