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The Government e-Marketplace (GeM) portal has achieved nearly Rs 10 lakh crore in public procurement over the past eight years. Launched on August 9, 2016, GeM facilitates online purchases of goods and services for all central government ministries and departments. The platform has enabled the procurement of common-use goods and services by various central and state ministries, departments, Public Sector Enterprises (PSUs), Autonomous Bodies, and more.
GeM has played a significant role in fostering entrepreneurship among diverse groups, with over 1.63 lakh women-led micro and small enterprises (MSEs) and 25,000 startups registering on the platform. The portal's technological advancements, including the use of Artificial Intelligence (AI), have enhanced user experience by improving product comparison, price discovery, and market intelligence. GeM has also promoted social inclusion by supporting women, tribal communities, SC/ST MSMEs, startups, artisans, and more.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
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