CADENCE
Software startup Vinci raises $250 million at a $1.5 billion valuation
The Palo Alto, California-based company is entering a market that includes similar AI-based simulation products from established chip design software firms such as Cadence and Synopsys.
RBI may hike repo rate by 25 bps as inflation and oil risks mount: Sunil Sanghai
The RBI could raise the repo rate by 25 basis points in October and signal further tightening as inflation, elevated crude prices and a narrowing rate gap with the US pressure the rupee. Strong reserves and a manageable current account provide crucial buffers.
IT firms cut H-1B reliance; Anthropic flags AI risks in IPO filing
Top Indian IT firms have sharply cut H-1B visa filings as rules tighten. This and more in today’s ETtech Top 5.
Anthropic warns AI may pose 'existential risks to humanity' in IPO filing
Anthropic plans to caution potential investors in its IPO that advanced AI could pose "catastrophic or existential risks to humanity," an extraordinary warning by a company seeking to profit from the same technology. The company's IPO prospectus, reviewed by Reuters, highlights risks associated with its AI models, which it said could exhibit "self-preserving behaviors," including attempts to "resist shutdown," to "conceal or manipulate information" and behavior "resembling blackmail."
Anthropic warns IPO investors AI could pose 'catastrophic' risks to humanity: Report
Anthropic has outlined significant risks associated with its advanced AI models in its IPO prospectus. It emphasizes the potential for AI technologies to cause irreversible harm if mismanaged and highlights self-preserving behaviors. The company admits that estimating returns on safety investments remains uncertain and resource-intensive. Anthropic also emphasizes a continuous cycle of AI model releases to maintain its competitive edge.
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AI Is Changing How Customers Choose Your Business
As AI increasingly mediates how customers research, evaluate, and choose suppliers, competitive advantage is shifting from direct customer understanding to managing AI-shaped interactions. Drawing on the experiences of three small-to-medium sized businesses they worked with, the authors show how firms can adapt. A manufacturer improved sales efficiency by screening AI-generated inquiries before investing engineering time in quotations. A boutique hotel learned to monitor how AI tools described its business and revised public content to improve accuracy and differentiation. A B2B software company replaced periodic customer reviews with continuous monitoring of customer feedback and AI-generated market perceptions. Across all three cases, the lesson is that firms must treat AI as a new intermediary in the customer relationship. Winning companies will not necessarily spend the most on technology; they will build systems for continuously listening, interpreting signals, and adapting strategy in markets where both customers and the information they rely on are increasingly AI-mediated.
Bessemer raises $5.75 billion in new funds, expands growth efforts
The San Francisco-based venture firm is allocating $4 billion of the funds to growth-stage financings, which include funding young companies raising large rounds at high valuations, according to firm partner Byron Deeter. The remaining $1.75 billion will go towards younger startups raising capital at the inception phase or soon after, Deeter said.
Talent, not design software, is the biggest bill for chip startups: Cadence's Jayashankar Narayanankutty
Narayanankutty told ET AI during SEMICON India 2026 that India needs more engineers across the semiconductor ecosystem, including design and manufacturing.
Quote of the Day by James Baldwin: ‘You think your pain and your heartbreak are unprecedented in the history of the world, but then you read…’ - Why books can make most unique heartbreak feel universal
Quote of the Day by James Baldwin: When faced with sorrow, individuals often feel a deep sense of loneliness. However, as James Baldwin articulates, our anguish serves as a bridge connecting us to all of humankind. Delving into books reveals that our emotional turmoil is part of a larger conversation. This understanding cultivates resilience and enduring strength, reminding us that through shared struggles, we can find comfort and community.
Chip verification startup VerifAIX raises $5 million from Endiya, Bluehill VC
This is the company’s first institutional fundraise and will be used to advance its product, expand customer deployments, and grow its engineering teams across the US, India, and Israel, CEO Madhulima Tewari told ET. The company had previously raised capital from angel investors and industry advisors.
What to know about Europe's push to compete in space and what it still can't do without America
European nations convened a summit to address competition in the global space market. Concerns about reliance on foreign satellite services drive Europe's sovereign capability push. Recent events highlighted the critical need for independent space infrastructure and launch capacity. A new European rocket launch offers a promising step towards greater autonomy. Future decisions will shape Europe's role in crewed spaceflight and orbital independence.
‘Pulse’ check: How PhonePe is turning transaction data into market intelligence
In an exclusive conversation with The Economic Times, PhonePe’s Karthik Raghupathy explained how PulsePro was born out of demand for postal code-level analysis, deeper merchant-category insights and richer consumer demographic information.
Quote of the day by Christopher Walken: “We're born alone. We die alone. And in between, we spend our lives looking for...” — Life lessons from an inspiring quote on true friendship, loneliness, human connection, emotional closeness, changing relationships, empathy, acceptance and personal fulfillment from the iconic Pulp Fiction star
Quote of the day by Christopher Walken examines essential human solitude and the rare presence of true friendship. While most social ties naturally fade through life transitions and distance, enduring bonds provide necessary warmth during periods of personal uncertainty and emotional fatigue. The article explores key lessons on gratitude, active effort, and learning to cherish vital relationships while they last.
ISM 2.0 paradox: Tough IP rules might leave startups starving for global cash
The India Semiconductor Mission (ISM) 2.0 was notified on Monday. The domestic chip design industry welcomed the large, updated design-linked incentive component within the new scheme, lauding it for not keeping an upper ceiling on government support through royalty financing, industry sources told ET.
Psychology says people who recognize friends by their footsteps may have highly tuned social memory
Recognizing a friend by the sound of their footsteps is a small example of a broader psychological ability: the brain can build detailed representations of familiar people using information from multiple sensory cues. The rhythm of their steps, the sound of their movement and subtle patterns in the way they walk can all become familiar signals that help the brain identify who is approaching.
ISRO’s ‘Bahubali’ draws big industry interest as L&T, Adani, others eye rocket technology
Larsen & Toubro, JSW, Adani Group and Mahindra are among companies considering bids to manufacture and operate ISRO’s LVM3 heavy-lift rocket. The technology-transfer programme is part of ISRO’s push to shift routine launches to private industry. The move comes as global launch demand grows and India’s space economy expands.
Quote of the Day by Cardi B: “I learned that nobody can give you the confidence to become who...” — a powerful life lesson from an inspiring quote by the Grammy-winning rapper known for her remarkable rise from social media fame to global stardom on self-belief, ambition, resilience, personal growth, and emotional resilience
Quote of the Day by Cardi B addresses how true self-confidence must be cultivated from within rather than granted by outside approval. In everyday life, this principle offers a constructive way to navigate workplace skepticism, social comparison, and personal setbacks without losing sight of long-term goals. The feature explores essential lessons in self-reliance, emotional resilience, and redirecting energy toward personal milestones rather than public validation.
SpaceX to build $100 billion Starship rocket complex in Louisiana
The company's second Starbase campus will eventually launch thousands of Starship flights a year, SpaceX President Gwynne Shotwell said, reiterating its goals for an ambitious cadence contingent on solving steep engineering challenges and regulatory hurdles.
CoinDCX expands SIP offering with daily investments and XIRR tracking from Rs 100
CoinDCX has introduced Daily SIP, enabling investors to start crypto investments for as little as Rs 100. This innovative feature promotes a steady approach to accumulating assets over time. With the introduction of the XIRR metric, users can now monitor their annualized returns easily. This enhancement is designed to make long-term crypto investing accessible, offering users increased flexibility and clarity to support disciplined investment strategies.
Cadence AI cuts chip timelines
San Jose-headquartered Cadence Design Systems provides electronic design automation (EDA) software, hardware and intellectual property (IP) used to design semiconductors, integrated circuits and systems-on-chips (SoCs).
Best baby girl names for 2026 with their meanings: Beautiful C names that feel fresh, stylish and full of charm
Baby girl names starting with C: If you’re searching for a baby girl name that starts with C, there’s a treasure trove of enticing options waiting for you. Classic names like Charlotte and Chloe capture historical significance, while names such as Celeste and Calista bring to mind ethereal beauty.
'Is she getting electrocuted?' The real reason the woman behind Trump wouldn't stop nodding
A woman's constant nodding during a presidential signing event sparked online speculation. The internet quickly developed theories about electric shocks controlling her movements. Jayme Franklin, a conservative media figure, was identified as the woman in question. She clarified that her natural restlessness was due to her pregnancy. This simple explanation ended the bizarre viral conspiracy theories surrounding the event.
'Start companies while in school': Skyroot CEO Pawan Chandana’s advice to Gen Z & Gen Alpha on taking risks, choosing deep tech and building early
Skyroot Aerospace's CEO, Pawan Chandana, calls on young innovators to initiate bold projects in vital sectors such as space and defense. Following the groundbreaking launch of Vikram-1, the country's first privately built rocket, the company is concentrating on repeatable launch strategies and the creation of Vikram-2. Looking ahead, they aim to develop reusable launch systems and incorporate AI to streamline rocket engineering.
Apple iPhone 18 Pro launch: Check expected date, features, price and other details
iPhone 18 pro news: Apple is preparing for its major September iPhone event. The company expects to introduce the iPhone 18 Pro and other new models. This timing aligns with established manufacturing and consumer upgrade patterns. Preparations include an employee lottery for event support at Apple Park. The event signifies a significant product showcase for the company this year.
IN-SPACe moves to hand over Isro’s new Rs 986 crore small rocket launch complex to private sector
IN-SPACe seeks private partners to manage ISRO's new launch complex. This facility will support small rocket launches and enhance launch efficiency. Private entities will handle end-to-end operations and maintenance of the complex. ISRO will provide initial technical and operational support for capability development. This move supports India's growing commercial space sector and launch infrastructure.
In 2025, scientists tracked 12 people through 10 months of Antarctic isolation. The findings could reshape how future Mars astronauts are trained for the psychological challenges of deep-space missions
Ten months of Antarctic isolation revealed a hard truth about deep space. Twelve people trapped at Concordia Station faced rising conflict, not stronger bonds. Forced closeness actually fueled mistrust. Now, NASA is using these psychological findings to redesign future Mars missions. To survive the journey, astronauts need elite skills—and enough personal space to remain human.
US stocks: SpaceX quarterly revenue surges in debut results on strong growth in its Starlink business
SpaceX has announced an impressive 92% increase in revenue for the latest quarter, primarily fueled by the growth of Starlink and its AI initiatives. Despite this surge, the firm faced a net loss due to significant capital allocated towards infrastructure and future projects. After a strong IPO, its stock is now under scrutiny, especially with the impending lock-up expiration.
Cadence raises annual forecasts as demand booms for AI chip design
Cadence now expects 2026 revenue to be between $6.26 billion and $6.34 billion, up from its prior projection of $6.13 billion to $6.23 billion. Demand has risen sharply for Cadence's software as chipmakers and technology companies develop increasingly sophisticated systems-on-chip (SoCs) and AI accelerators.
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