India is on an ambitious trajectory towards becoming a major player in the global semiconductor industry, a move spearheaded by Commerce Minister Piyush Goyal. With the country aiming to manufacture its first chip within the next two years, the landscape of tech manufacturing in India is poised for transformation. This bold declaration was made during
Enterprise
Cerebras Systems is making headlines with its recent filing for an initial public offering (IPO). The startup, established in 2016 and headquartered in Sunnyvale, California, aims to stake its claim in the competitive landscape of artificial intelligence (AI) chips. By filing for an IPO under the ticker symbol “CBRS”, Cerebras is not just seeking to
In a world where technology defines our daily lives and career paths, the need for diversity and inclusion in tech cannot be overstated. As the tech industry continues to grapple with issues of gender disparity, innovative solutions are emerging to bridge the gap. One such groundbreaking initiative is the establishment of all-female hacker houses, which
In the fast-paced world of technology, particularly in the realm of artificial intelligence (AI), leadership transitions can create ripples that affect the entire ecosystem. Recently, OpenAI, the highly valued AI startup, found itself in the midst of a significant leadership shake-up, prompting its CFO, Sarah Friar, to address investor concerns. With news of prominent executive
Klarna, the prominent Swedish fintech known for its innovative approach to financing, is stepping into a new frontier by partnering with Adyen, a leading Dutch payments platform. This strategic collaboration aims to introduce Klarna’s Buy Now, Pay Later (BNPL) services to physical retail environments, which marks a significant shift from its traditional online-centric model. Historically,
As industries around the globe aspire to recover from the disruptions caused by the Covid-19 pandemic, a new challenge looms on the horizon. A report from Bain & Company suggests that burgeoning demand for semiconductors driven by advancements in artificial intelligence (AI) could trigger a formidable resurgence in chip shortages reminiscent of those experienced during
In a stunning downfall that captivated the financial world, FTX, once lauded as a premier cryptocurrency exchange, came crashing down, unveiling a multi-billion-dollar fraud scheme led by its founder, Sam Bankman-Fried. The reverberations of this collapse extended beyond the financial sphere, leading to significant legal repercussions for participants in this vast enterprise. Among those ensnared
In recent years, Middle Eastern sovereign wealth funds have emerged as formidable players in the venture capital landscape, particularly within the realm of artificial intelligence (AI). Nations such as Saudi Arabia, the United Arab Emirates (UAE), Kuwait, and Qatar, buoyed by their substantial oil revenues, are increasingly recognizing the necessity of diversifying their economies to
In the rapidly approaching landscape of the November U.S. presidential election, the political arena is heating up with discussions surrounding a potential second debate between Vice President Kamala Harris and former President Donald Trump. Harris expressed her willingness to engage in this electrifying rematch, validating her commitment to a transparent electoral process and acknowledging the
Elon Musk, a name synonymous with innovation and technological ambition, is poised to reshape multiple industries through the development of advanced supercomputers. Embracing his dual roles as CEO of Tesla and founder of the new AI startup xAI, Musk champions a vision where artificial intelligence becomes the cornerstone of his business operations. As early as