Global technology titan Google on Thursday said it had partnered with Muthoot Finance to provide gold-backed loans through its GPay mobile payments service.
Google It also announced that starting October 3, 2024, its AI assistant Gemini Live will be available in Hindi, with eight more Indian languages to follow later.
These announcements were made by the company’s directors in the tenth edition of ‘ Google for the India event here.
GPay is expanding its offering by introducing gold-backed secured loans in collaboration with Muthoot Finance. According Google India MD Roma Datta Chobey, around 11 percent of the world’s gold is found in India.
People across India can now access this credit product, with affordable interest rates and flexible usage options, providing flexibility to the borrower and security to the lender. Google saying.
Regarding the Gemini Live AI assistant, Hema Budaraju, senior director of product management, Google India said more than 40 percent of Gemini users rely on voice interactions.
“Gemini Live is now rolling out in Hindi, with eight more Indian languages (Bengali, Gujarati, Kannada, Malayalam, Marathi, Telugu, Tamil and Urdu) to follow in the coming weeks,” he said.
In the coming weeks, AI overview, a feature based on Gen-AI in Google Search will also be available in Bengali, Marathi, Telugu and Tamil.
Celebrating two decades of Google In India, the big tech further revealed plans to integrate Beckn-enabled open networks with its AI model, Gemini, through an ‘Open Source Gemini Agent Framework’.
This framework will be accessible to all businesses and users in India, allowing them to search and discover various listings, ranging from electronics to agricultural products, as well as job opportunities and educational courses.
Users can seamlessly transact across critical sectors such as agriculture and skill development, all through a single interface that supports voice commands in multiple languages.
Besides, Google said it is set to launch ‘Gemini Flash 1.5’ in India, one of the first globally, in the coming months.
This upgrade will enable organizations to securely deploy AI and cloud solutions, allowing them to store data and perform machine learning processing entirely within India.
” Google Cloud is committed to partnering with Indian businesses and innovators to harness the transformative power of AI. Through initiatives like our open source Gemini Agent Framework and collaborations on ‘DPI in a box’, we are not only advancing India’s digital landscape but also creating a blueprint for digital inclusion,” said Bikram Singh Bedi, Vice President and Country General Manager Google Cloud India.
Google It also notified the launch of Google Security Engineering Center in India in 2025.
The technology major further announced that it has signed two long-term partnerships aimed at enhancing clean energy generation in India.
These collaborations are projected to contribute 186 MW of new renewable energy capacity to the Indian grid by 2026, it said.
The first association with Adani Group focuses on providing combined energy solutions that will support the decarbonization of Google Cloud Services India. This includes a 61.4 MW hybrid solar-wind project in Khavda, Gujarat, which is expected to begin operations in 2025.
The second partnership with CleanMax involves a portfolio of 125.4 MW of clean energy projects, including solar and wind initiatives in Rajasthan and Karnataka, respectively.
Google It has also collaborated with Nandan Nilekani’s EkStep Foundation to create ‘IPR in a box’, a plug-and-play model based on open networks, identity, digital credentials and other digital public goods, to enable other nations to build their digital infrastructure. .
Google The philanthropic arm of Google.org, to promote AI literacy in underserved communities in India, announced a $4 million grant to the Central Square Foundation.
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