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ASIC DEVELOPMENT
Nexus, Rainmatter invest Rs 225 crore in Agilitas SportsAgilitas Sports secured Rs 225 crore from Nexus Venture Partners and Rainmatter. This funding will fuel expansion in manufacturing, brands,...
Nvidia salary shock: Engineers earn up to Rs 4.7 crore as AI boom creates millionaire employees; check salary structureNvidia is aggressively competing for AI talent, with top engineering roles now offering base salaries up to ₹4.7 crore. This significant co...
Desi chip companies fear MNCs will dip into their DLI 2.0 treatIndia is planning the second phase of its semiconductor incentive scheme, DLI 2.0. Concerns are rising among domestic startups that allowin...
Australia regulator calls for urgent cybersecurity action to counter MythosAustralia's corporate regulator warns financial firms about new cyber threats from advanced AI systems. These powerful AI models can find s...
MediaTek hires former TSMC executive to boost AI chip packagingChip designer MediaTek has appointed former TSMC executive Douglas Yu as a part-time adviser. This move strengthens MediaTek's advanced pac...
Qualcomm jumps as optimism on smartphones, AI chips outweigh dismal forecastQualcomm shares saw a significant jump. CEO Cristiano Amon expressed confidence in a smartphone market rebound post the fiscal third quarte...
Marvell Tech shares soar on bullish multi-year AI chip outlookMarvell Technology rose nearly 11% in early trading on Friday, as its upbeat multi-year forecast underscored booming demand for custom AI c...
China's Anta Sports and Li Ning exploring bid for Puma, source saysChinese sportswear giants Anta Sports and Li Ning are reportedly looking at buying German brand Puma. Puma's market value has dropped signi...
Azimuth AI, Cyient Semiconductors launch Indias first-gen IP powered silicon chipIndia has launched ARKA GKT-1, its first intelligent-power chip for edge AI and smart energy. Developed by Azimuth AI and Cyient Semiconduc...
Big relief for thousands of Australians hit by excess bank charges: $60 million refund to be released as ASIC cracks the whipThe Australian Securities and Investments Commission is acting against banks. This is regarding unfair charges. Thousands of customers face...
First Guardian Master Fund collapses, over 6000 Australians face superannuation lossMore than 6,000 Australians risk losing $590 million in superannuation savings following the collapse of the First Guardian Master Fund. AS...
Ericsson to add 150+ R&D roles in Bengaluru to boost chip design for 5G networksEricsson is growing its Bengaluru R&D team by over 150 positions to boost ASIC development and enhance programmable networks. This expansio...
Cyient acquires 27.3% in US based Indian startup Azimuth AIThe strategic investment will expand Cyient’s capabilities across the semiconductor industry, said the Hyderabad headquartered firm in an e...
Vervesemi launches Made-in-India semiconductor ASICThis cutting-edge chip, proudly developed in India, targets domains such as weighing scales and Force Touch technologies, signifying a rema...
Meta will become Broadcom's next billion-dollar customer: JP MorganASIC (application-specific integrated circuit) chips will drive $2 billion to $2.5 billion in revenue for Broadcom this year, helped by its...
Australian regulator says crypto investors 'on their own' for now"At present many crypto-assets are probably not 'financial products' .... for the most part, for now at least, investors are on their own,"...
Australian regulator seeks feedback on managing 'risky' crypto assetsThe move comes as governments and regulators worldwide try to regulate the digital assets industry in the wake of rising investor affinity ...
Apple, Google drop trading apps after Australian interventionAn Australia-based spokeswoman for Apple pointed to its recently updated developer guidelines, which explicitly prohibit all new apps that ...
- UPDATE 1-Athletics-Asics to take over from Adidas as IAAF sponsor
ATHLETICS-ADIDAS/ (UPDATE 1):UPDATE 1-Athletics-Asics to take over from Adidas as IAAF sponsor
NMDC's Legacy Iron cancels AUD 25 million rights issueLegacy Iron Ore, the Australian arm of state-owned NMDC, has cancelled its rights issue citing 'weak market' conditions.