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...
19 Aug, 2026, 12.31 PM IST
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.
18 Aug, 2026, 08.02 PM IST
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 ...
17 Aug, 2026, 11.47 PM IST
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 ...
17 Aug, 2026, 06.21 PM IST
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...
15 Aug, 2026, 02.38 PM IST
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...
14 Aug, 2026, 11.41 PM IST
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...
14 Aug, 2026, 06.01 PM IST
- Samsung hires two AI experts to boost AI adoption in chip business
The South Korean electronics giant is increasingly utilising AI across its semiconductor business to shorten development cycles, improve ma...
14 Aug, 2026, 05.53 PM IST
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 ...
13 Aug, 2026, 07.20 PM IST
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...
13 Aug, 2026, 09.09 AM IST
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...
11 Aug, 2026, 05.43 PM IST
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...
11 Aug, 2026, 06.00 AM IST
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...
10 Aug, 2026, 10.49 PM IST
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 ...
10 Aug, 2026, 02.38 PM IST
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...
07 Aug, 2026, 09.13 AM IST
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...
05 Aug, 2026, 07.47 PM IST
- Anthropic inks $10 billion computing deal with new cloud startup Volta Infra
Anthropic has secured ten billion dollars in computing capacity from Volta Infra Holdings. This deal aims to meet the growing demand for An...
04 Aug, 2026, 06.33 PM IST