The company is beginning on a strategic expansion by setting up chip design centres in Chennai and Bangalore, and licensing product IP from Taiwan, Japan, and the US
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Apprenticeships are a proven pathway for addressing skill deficits and they offer the dual advantage of on-the-job training combined with theoretical knowledge rooted in the core job role, writes Ramesh Alluri Reddy, Chief Executive Officer, TeamLease Degree Apprenticeship
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Seed-stage funding saw a slight increase to USD 455 million, early-stage funding remained steady at USD 1.3 billion, and late-stage funding rose to USD 2.4 billion
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The growth was predominantly due to a surge in AI startups, which accounted for 74 per cent of the new ventures
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Sutskever's new company wants to create a secure AI environment at a time when major tech companies are vying for dominance in the generative AI sector
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Bansal’s startup plans to triple its workforce in India and significantly increase its R&D efforts using a substantial portion of its recent USD 150 million financing
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Chairing a review meeting, Singh directed the officials to focus on the flagship National Quantum Mission and work on the development of quantum technologies and quantum communication
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The storied investor and former Infosys CFO urges greater R&D funding to drive Indian innovation
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The company is already funding promising AI startups including Cohere, Mistral AI and Scale AI
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Notable backers in this Series B funding include Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital, and Fidelity
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