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Architect Labs has secured $24 million in seed funding. The company will leverage artificial intelligence to accelerate and simplify the design of custom chips. This innovation aims to reduce the current two-year timeline and multi-million dollar costs associated with chip development. Architect Lab
The move is expected to create around 1,200 jobs in AI, digital services, and quantum computing alongside new research and development (R&D) centers in across Manchester, Leeds, and Birmingham over the next three to five years.
Wipro is set to acquire a further 20% stake in Aggne Global IT Services Private Limited. This move will boost Wipro's ownership in Aggne Global IT to 80%. The transaction is valued at $2.1 million. This acquisition aims to strengthen Wipro's position in the insurance sector, particularly in AI and I
At Vivatech 2026, Prime Minister Narendra Modi emphasized the necessity of democratizing technology for sustainable development, describing AI as 'All Inclusive' for the nation. With India setting a benchmark in digital transactions, he showcased the country's commitment to utilizing technology for
Chinese investors are set to repurchase AI firm Manus from Meta. The deal is valued at two billion dollars. This move follows a directive from the Chinese government to undo the original sale. Early backers are initiating the buyback process.
During a pivotal encounter in Paris, Mistral AI's CEO, Arthur Mensch, sat down with Prime Minister Narendra Modi to explore the future of artificial intelligence. With a shared vision of accessibility at the forefront, they delved into the concept of sovereign AI development.
L’Oréal has bought Innovist to claw back momentum in India’s hyper-competitive beauty market. This and more in today’s ETtech Top 5.
L'Oréal announced on Thursday that it would acquire a majority stake in Innovist. While the companies did not disclose financial details, people familiar with the transaction told ET that the deal values the Gurugram-based startup at around Rs 4,100 crore.
Tringbox, a Mumbai-based AI music technology startup, has secured Rs 5 crore in seed funding. This capital will fuel product and AI development, enhance technology infrastructure, and expand their music catalogue. The company plans to scale its intelligent speaker network and deploy across premium v
Taiwan Semiconductor Manufacturing Company and Amkor Technology have inked a decade-long deal. This partnership will boost advanced chip packaging and testing capabilities within the United States. The collaboration aims to strengthen the semiconductor supply chain in Arizona. This move supports gro
Accenture announced strong financial results for its March-May quarter. The IT services giant posted a net income of USD 2.39 billion, an increase from the previous year. Revenue also saw a rise, reaching USD 18.7 billion. The company secured significant new bookings, indicating continued demand for
Prime Minister Narendra Modi met with Mistral AI CEO Arthur Mensch to discuss artificial intelligence. They focused on developing AI systems that are trusted, human-centric, and inclusive. Discussions also covered potential partnerships in India. Mistral AI plans to launch a new model this summer.
The International Finance Corporation is investing $371 million in Sify Technologies. This funding will develop two new data centres in Navi Mumbai and Chennai. These facilities will be AI-ready and energy-efficient. The investment supports India's growing digital needs and expansion of its data cen
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Samsung's Movingstyle Essential Smart Monitor just hit a record low on Amazon.
Secure Boot has always been a nuisance for Linux users, but now that Microsoft's 2011 certificate authorities are expiring, it's become a real pain.
Learn how to spot the signs of account monitoring and compromise - and take back control.
Both Google and Amazon have generative AI-powered smart speakers for under $100, so which one stands out?
Now bring back the Microsoft Zune, I double dare you.
Pre-orders for Grand Theft Auto 6 open in just one week.
