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SUPPLY CHAIN CHANGES DUE TO AI
AI startup Freehand raises $75 million led by Battery Ventures, NewRoad, NexusFounded by Indian entrepreneurs Nitin Jayakrishnan and Abhijeet Manohar, the San Francisco-headquartered startup has been operating in stea...- Six in ten Indian companies believe AI to play a significant role: PWCIndian manufacturers anticipate artificial intelligence significantly aiding strategic goals within five years. This optimism surpasses glo...
- Vishal Sikka bets on 'AI surfing' with Hang Ten, raises $32 million to help enterprises ride the waveHang Ten Systems, a new enterprise AI startup, has secured significant seed funding. The company aims to guide businesses in leveraging art...
- China is throwing a 1-2-3 punch at the global AI tradeIn quick succession, China has thrown a powerful 1-2-3 punch at the global AI trade. On July 16, Beijing-based startup Moonshot AI released...
- AI race redraws Asian air cargo, replacing ecommerce as growth engineGlobal air cargo networks are shifting towards AI chip manufacturing hubs. Cross-border ecommerce shipments are declining due to new import...
- $600 billion wiped out in a month, cracks exposed in SK Hynix chipsSK Hynix shares have seen a significant decline recently. Concerns about market overcrowding and leverage have impacted the stock. Recent r...
- Trump administration bans new Chinese humanoid robots, to protect US AI buildoutThe United States has banned new Chinese robots and power inverters. These measures aim to protect national security and reshore key indust...
- Flipkart's Ekart opens pan-India logistics network to businessesEkart, Flipkart's supply chain arm, is opening its logistics network to outside businesses. This expansion utilizes a new franchise model a...
- Sam Altman eyes South Korea as testbed for OpenAI's first hardware deviceOpenAI's CEO is keen to test its inaugural hardware in South Korea, aimed for release by the first quarter of next year. This innovative sc...
- AI blows up IT playbook: Lines between AI labs and IT services firms start to blurThe enterprise services business they have dominated for decades is beginning to see a new breed of rival. OpenAI and Anthropic are no long...
- US President Trump's economy at 18 months is a tale of shocks, resilience, and signs of stalled progressPresident Trump's initial eighteen months saw economic shocks from immigration and tariffs. An Iran war also impacted oil prices and global...
- South Korea's SK Hynix, Samsung Electronics sign $950 billion partnership with US big techThe partnership includes the long-term supply of $750 billion in memory chips to US companies by SK Hynix and $200 billion in chips by Sams...
- Nvidia, SK Group unveil $500 billion-plus AI data centres initiative, memory partnershipAs part of the initiative, SK Telecom plans to build a 2-gigawatt AI data centre powered by Nvidia's Vera Rubin chips and SK Hynix's HBM4 ...
- South Korea President Lee looking to open new era of AI in with global tech companiesPresident Lee delivered a keynote address unveiling a "San Francisco AI Declaration" that outlined South Korea's AI ambitions and its visio...
- SOPPA expands focus on supply chain efficiency for SMEs, enterprisesThe logistics player emphasises human-centric execution and technology integration as supply chains evolve.
- SAP trims 2026 profit goal, signalling cost of AI pushUnlike consumer AI tools, enterprise AI depends heavily on structured, secured and regulatory compliant company data. Vendors such as SAP ...
- SAP CFO says AI must move beyond chatbot 'low-hanging fruit' before seeing returnsCompanies have poured money into generative AI but are still seeking evidence of broad productivity gains, and SAP is arguing that the re...
- India's Ambassador Kwatra meets US Senator Sheehy, discusses defence tiesIndia's envoy Vinay Mohan Kwatra met Senator Tim Sheehy discussing defense cooperation. Kwatra also met commerce officials to deepen trade ...
- Lettuce-linked parasite outbreak in the US hits Taco Bell where it hurts the mostTaco Bell customer traffic plunged after a parasite outbreak in the US linked to shredded iceberg lettuce triggered thousands of cyclospori...
- Nvidia partners with Japan robotics firms on AI developmentNvidia announced a partnership with Japanese companies like Fanuc and Yaskawa Electric. This collaboration aims to advance robotics and art...
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