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AI CHIP STARTUP
Cadence AI cuts chip timelinesSan Jose-headquartered Cadence Design Systems provides electronic design automation (EDA) software, hardware and intellectual property (IP)...- India needs to protect critical infrastructure against cyber threats: National Quantum Mission chair Ajai ChowdhryIndia's National Quantum Mission is developing indigenous quantum security products. Critical sectors must adopt post-quantum cryptography ...
- AI chip startup Etched doubles valuation to $21 billion in under a monthThe San Jose, California-based company raised $700 million, with trading firm Jane Street continuing its backing by leading the round, jo...
- Chip designer Velaura AI valued at more than $1 billion in funding roundThe funding round was led by Seligman Ventures, with participation from new investor Capricorn Investment Group. Existing investors Samsu...
- ISM outlay faces currency pressure; ETSA 2026 Best on Campus, Comeback Kid nomineesA weak rupee has dragged down the dollar value of the India Semiconductor Mission subsidies. This and more in today’s ETtech Top 5.
- Europe’s youngest self-made billionaire: James Dacombe dropped out of high school at 17 to build his startup and now his wealth has crossed the $1 billion mark at 25At just 25, James Dacombe has catapulted himself into billionaire territory with his AI chip enterprise, Olix, which he founded a mere two ...
- QpiAI opens quantum processor manufacturing facility in Bengaluru, targets 10,000 physical qubitsBengaluru-based quantum computing startup QpiAI has opened an 8-inch quantum foundry to scale production of quantum processors, with plans ...
- We will train 1 crore youth in AI skills over next year: PM ModiPrime Minister Narendra Modi, referring to India's recent AI Summit, announced a major initiative aimed at expanding AI skills among the co...
- Nvidia’s $500 billion plan envelops Wall Street in its AI frenzyNvidia has unveiled a major financing initiative aimed at supporting artificial intelligence chip acquisitions. By collaborating with promi...
- Goldman in talks with investors on Nvidia financing deal after landing prized roleNvidia announced on August 10 it has partnered with six major financial institutions including Goldman to launch compute platforms aimed at...
- Samsung hires two AI experts to boost AI adoption in chip businessThe South Korean electronics giant is increasingly utilising AI across its semiconductor business to shorten development cycles, improve ma...
- DeepSeek releases official V4 Pro model as it steps up expansionDeepSeek said the V4-Pro-0813 greatly enhances agent capabilities and is available through the API, APP and Web channels. The company also ...
- Anthropic in talks to buy startup Decart AI for $6 billionDecart’s software can reduce the cost of training artificial intelligence models by helping chips work more efficiently. That technology co...
- IBM, Together AI ink $240 million deal for Nvidia-powered AI inference clusterThe cluster will provide inference for open-source AI models, which have gained traction as businesses seek to rein in AI costs and weigh...
- Nerds in cafes take frontier AI to the grassrootsInside the high-stakes, volunteer-driven race to build global user loyalty, unite borderless coding communities and turn everyday developer...
- IIT Madras alumni’s Discovered Materials raises $9 million from Lightspeed, YC’s Paul Graham, Peak XVFounded by IIT Madras alumni Advait Sridhar and Akash Ramdas, the company believes today’s AI chips generate heat exceeding 140 watts per s...
- Freshers hiring intent rises, but one-third industries cut plansThree in four companies intend to hire freshers in the second half of the year, even as IT, consulting, telecom, media & entertainment and ...
- AMD deepens AI inference bet with Taalas deal as chip race heats upToronto-based Taalas develops specialized silicon designed to reduce computing and memory bottlenecks in AI inference, the process of run...
- Anthropic to build in-house chip design team for Claude, hire engineersAnthropic is developing an internal team to design custom chips for its Claude AI models. This move addresses the current shortage of essen...
- Anthropic inks $10 billion computing deal with new cloud startup Volta InfraAnthropic has secured ten billion dollars in computing capacity from Volta Infra Holdings. This deal aims to meet the growing demand for An...
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