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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...- Elon Musk says AI is hitting an energy wall—his 5-word solution changes everythingElon Musk highlighted artificial intelligence efficiency, focusing on intelligence per joule. This metric addresses the growing energy dema...
- 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...
- SK Hynix's Korean workers launch unified union amid stalled wage talksThe launch comes as SK Hynix and its existing unions are locking horns over annual wage talks, after the chipmaker posted record quarterly ...
- Inside the Google executive moves that led to its big AI reshuffleOn August 5, the Mountain View, California, tech giant announced a sweeping leadership overhaul of its Google DeepMind AI division in which...
- 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...
- Nykaa’s strong Q1; Activate backs SarvamNykaa reported strong quarterly growth, on the back of healthy sales across its businesses. This and more in today's ETtech Top 5.
- European Union aims for seven AI gigafactories with €10 billion plan in race with US, ChinaThe European Union will fund seven artificial intelligence gigafactories across the bloc. This initiative aims to close the technology gap ...
- Samsung sees chip shortage extending to 2028, touts long-term supply dealsSamsung Electronics announced a significant chip profit increase and new supply agreements. The company expects global chip shortages to wo...
- Nvidia partner ChipAgents raises $60 million to accelerate chip design with AI agentsChip design startup ChipAgents has secured a significant $60 million funding round. This investment will accelerate their plans to speed up...
- SK Hynix's record profit misses forecasts; shares slump 10% despite robust AI chip demandThe Nvidia supplier's quarterly operating profit soared more than sixfold to a record high, but it said delays in shipments of some advance...
- A machine made by China sends shockwaves in the chip industryChina has begun mass-producing its own lithography machines, challenging ASML's global dominance. This development marks a significant step...
- More layoffs at Krutrim; PhonePe vs PaytmHappy Tuesday! Ola’s AI startup Krutrim has conducted another round of layoffs, sources told us. This and more in today’s ETtech Morning Di...
- Sam Altman, Satya Nadella, Sundar Pichai, Elon Musk and Jensen Huang unite behind one AI vision: Why America's biggest tech billionaires are calling for open-weight AI modelsA coalition of 25 leading technology companies and organizations has urged US policymakers to support open-weight AI models, arguing they a...
- Intel forecast crushes estimates as AI boom boosts chip demand; shares jumpIntel expects third-quarter revenue between $15.8 billion and $16.8 billion, compared with analysts' average estimate of $15.1 billion, acc...
- Ahead of Market: 10 things that will decide stock market action on ThursdayIndian stock markets experienced significant declines on Wednesday. Escalating global tensions and inflation concerns spooked investors, le...
- Ahead of Market: 10 things that will decide stock market action on TuesdayIndian markets ended lower as escalating Iran-US tensions and rising crude prices weighed on sentiment. Analysts expect geopolitical risks,...
- Bonus, dividends and stock splits: Bharti Airtel, Hero MotoCorp among 88 stocks turning ex-date this week. Do you own any?Investors must hold shares in their demat accounts on the respective record dates to be eligible. Here is the complete day-wise list of key...
- Explained: Why SK Hynix ADR premiums soared 50% over South Korean shares and how this reminds market of dotcom bubbleSK Hynix’s ADRs are trading at a more than 50% premium to their South Korea-listed shares just days after their Nasdaq debut, raising compa...
- Polymatech plans listing, $500-600 million push for semiconductor expansionThe company is in talks with merchant bankers and intends to proceed with its public offering plans “as early as possible”, Nandam said, ad...
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