{"id":1000014,"date":"2026-03-30T08:37:07","date_gmt":"2026-03-30T03:07:07","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1000014"},"modified":"2026-03-30T10:15:40","modified_gmt":"2026-03-30T04:45:40","slug":"ai-project-up-govt-scraps-inr-25000-cr-mou-with-bengaluru-based-startup","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/03\/30\/ai-project-up-govt-scraps-inr-25000-cr-mou-with-bengaluru-based-startup\/","title":{"rendered":"AI project: UP Govt scraps INR 25,000 cr MoU with Bengaluru-based startup"},"content":{"rendered":"<p>The Uttar Pradesh Government has cancelled a proposed INR 25,000 crore Memorandum of Understanding (MoU) signed with Bengaluru-based startup Puch AI for developing artificial intelligence infrastructure in the state, citing lack of financial credibility on the part of the firm. <\/p>\n<p>In a statement issued on the official handle of InvestUP on Thursday, the Government said the decision was taken after a review conducted as per standard operating procedures revealed that the company did not possess the requisite net worth or credible financial linkages to execute a project of such magnitude.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Uttar Pradesh Government has cancelled a proposed INR 25,000 crore Memorandum of Understanding (MoU) signed with Bengaluru-based startup Puch AI for developing artificial intelligence infrastructure in the state, citing lack of financial credibility on the part of the firm. In a statement issued on the official handle of InvestUP on Thursday, the Government said the decision was taken after a review conducted as per standard operating procedures revealed that the company did not possess the requisite net worth or credible financial linkages to execute a project of such magnitude.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[79,4,18],"tags":[],"class_list":["post-1000014","post","type-post","status-publish","format-standard","hentry","category-it-2-the-pioneer","category-newspapers","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1000014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1000014"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1000014\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1000014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1000014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1000014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}