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AI+ marks the spot Madhav Sheth drops first look of India-first phone
MUMBAI: Looks like India’s smartphone game is about to get a homegrown glow-up. Madhav Sheth, one of India’s most recognisable tech disruptors, has just dropped the official logo for AI+, the upcoming device from his new venture, Nxtquantum Shift Technologies. It’s not just a sleek reveal, it’s a statement of intent.
With a philosophy rooted in India-first innovation, AI+ aims to redefine how we think about smartphones not just as devices, but as intelligent, secure and purposeful extensions of our lives.
“For us, AI+ is more than a product; it’s a mindset,” said Nxtquantum Shift Technologies founder & CEO Madhav Sheth. “It reflects our belief that India can not only participate in the global tech ecosystem but lead it, with design and purpose that reflect how people truly live and connect.”
While the phone and its OS are still under wraps, the logo hints at Sheth’s signature blend of ambition and intuition: futuristic but grounded, sharp but human. And perhaps most importantly built entirely in India.
The upcoming smartphone will be available on Flipkart, with the e-commerce giant’s reach and customer insights expected to play a key role in AI+’s nationwide rollout. With this partnership, the product promises to meet users right where they are on a platform they already trust, delivering tech they didn’t know they needed.
The full product reveal is slated for the coming months, but if the logo is anything to go by, AI+ is not just another launch, it’s a quiet disruption, set to make a loud impact.
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Google nears Nvidia in race for world’s most valuable company
Market cap gap narrows as Google hits $4.65 trillion, Nvidia at $4.86 trillion.
MUMBAI: In the AI gold rush, even the giants are sprinting and Google is suddenly gaining ground. Google is rapidly closing in on Nvidia in the race to become the world’s most valuable publicly listed company, with the gap between the two narrowing sharply amid diverging stock momentum. The tech giant’s market capitalisation has surged to around $4.65 trillion, following a more than 140 per cent rise in its share price over the past year.
That rally has added over $2.6 trillion in value in just 12 months, including nearly $900 billion since January alone. Its stock recently hovered at $381.80, slipping marginally by 0.04 per cent, but still reflecting strong upward momentum.
Nvidia, meanwhile, continues to hold the top spot with a valuation of approximately $4.86 trillion. The chipmaker crossed the $5 trillion milestone in October last year and peaked at $5.27 trillion on 27 April. However, its shares have largely plateaued over the past six months, rising just 0.2 per cent recently to $199.99.
The contrast in trajectories is striking. While Nvidia has seen relatively flat movement, Google has gained over 36 per cent in the same six-month period. Barron’s estimates suggest that if current trends hold, the valuation gap could shrink to as little as $190 million by the time Nvidia reports its first-quarter earnings on 20 May.
Daily momentum paints a similar picture. Nvidia recorded average daily gains of about 0.66 per cent last month, compared to Google’s stronger 1.42 per cent, an edge that could prove decisive in the short term.
Driving Google’s resurgence is its aggressive push into artificial intelligence across its ecosystem, from search and YouTube to cloud computing. The company has already invested $144 billion in capital expenditure over the past two years and plans to deploy a further $490 billion over the next two.
Its cloud division is also gathering pace. Google Cloud reported an order backlog of nearly $220 billion in the latest quarter, with total backlog touching a record $462 billion, around half of which is expected to be realised within two years. The company’s entry into chip sales is also beginning to factor into its growth narrative.
The last time Google briefly topped the S&P 500 by market value was in February 2016, when it edged past Apple for just two days. This time, the stakes and the numbers are far higher.
At the heart of the contest lies a single force: artificial intelligence. As both companies pour billions into infrastructure, chips and platforms, the leaderboard is no longer just about size, it is about who can scale the future faster.
