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Netweb Technologies India announced a partnership with Bud Ecosystem (Bud), to jointly develop affordable, localised AI infra solutions. However, its shares slipped nearly 9% following the news, likely due to profit booking at higher levels.
Context: Netweb Technologies designs & manufactures high-performance computing systems, servers, and AI infrastructure solutions.
Bengaluru-based Bud Ecosystem develops digital tools and platforms that enhance productivity, collaboration, and innovation for businesses and creators.
What’s brewing: under the partnership, Netweb will combine its scalable, high-performance computing systems with Bud’s AI foundry software. Together, they aim to deliver ready-to-deploy AI solutions for sectors such as education, healthcare, retail, agriculture, and small businesses.
They will create AI-in-a-box systems that come with both the hardware and software set up in advance, so people can use powerful AI tools even in places with poor internet or limited tech expertise.
Why it matters: this partnership reflects the growing push to democratise AI, projected to add $967 billion to India’s economy by 2035. By enabling on-premise, cost-effective AI deployment, it can help SMEs, schools, and rural sectors access advanced tools without high cloud costs or connectivity issues.
It also supports India’s vision of AI self-reliance, strengthening a local AI manufacturing and innovation ecosystem for inclusive digital growth.
