ETHEREAL MACHINES
Vaishnaw stresses need for India to make own semiconductor machinery, components
In Bengaluru, Union Minister Ashwini Vaishnaw highlighted the critical imperative for India to produce its own semiconductor machinery. The commitment from the Centre under Prime Minister Narendra Modi is aimed at cultivating a thriving semiconductor ecosystem. During his visit to Ethereal Machines, which specializes in cutting-edge machinery, Vaishnaw pointed out that achieving self-reliance in this sector is vital for national progress and resonates with the vision of 'Atmanirbhar Bharat'.
Tech under pressure on AI jitters, dollar slips: Markets wrap
South Korea’s Kospi Index — a bellwether for AI investments — dropped 3.5%, with chip heavyweight SK Hynix Inc. heading for its lowest close since April. MSCI Inc.’s Asia Pacific Index fell 1%, diverging from Monday’s tech-led gains on Wall Street.
Ethereal Exploration Guild unveils 150-acre rocket testing facility in Andhra Pradesh
Called 'The Anchorage', the facility is located in Space City, approximately 40 km from Satish Dhawan Space Centre (SDSC SHAR), India’s spaceport at Sriharikota. The facility is designed to bring rocket engine testing, manufacturing, stage qualification and refurbishment under one roof, supporting the company’s Razor Crest Mk 1 (RCM1) launch vehicle programme.
Indian is 1000 times safer than London: Bengaluru-based founder Kaushik Mudda describes alleged distraction theft in London
Ethereal Machines CEO Kaushik Mudda said he narrowly prevented two men from stealing his luggage outside London’s Euston railway station. The Bengaluru-based deeptech startup co-founder said one man distracted him by claiming the cab’s tyre was punctured while another reached into the boot. Mudda later wrote on X that India is “1000 times safer,” prompting users to share similar experiences.
These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analysts
As an investor, what you need to do at this point of time is this: A bit of extra work in terms of stock-picking so that you avoid anxiety during future corrective phases in the market. And there should not be any doubt that, given the current geopolitical conditions, there will be many more corrective phases.
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These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analysts
In the equity market, it is generally good to keep one eye on risk management. But there are times when it becomes a must-do. We are currently in that phase of the market. And a simple way to manage risk is to stagger your buying. Do not put all your money in at once. When volatility is high and more corrections are likely, it is always good to be less aggressive on the street.
US stocks: Crypto shares climb after Trump advocates for Clarity Act
Cryptocurrency stocks experienced a significant uptick following President Trump's appeal to Congress for digital asset legislation. He emphasized the need for a refined version of the Clarity Act, aiming to delineate digital assets as either securities or commodities for better regulatory oversight. Major cryptocurrencies like Bitcoin and Ether responded positively, and the crypto exchange Coinbase also saw a rise. Many industry experts agree this legislation is vital for regulatory clarity.
The crypto-treasury dream unravels after a 90% stock plunge
ReserveOne had agreed to combine with M3-Brigade Acquisition V Corp., a special-purpose acquisition company, or SPAC, whose sole purpose is to find another entity to buy, taking it public in the process. Ross did not back the deal financially, but after it closed, he was slated to join ReserveOne’s board. Other promoters of the effort are a who’s who of big names in finance and crypto.
Deeptech startup Ethereal Machines raises $28.5 million from Avataar Ventures, Peak XV, others
Deeptech startup Ethereal Machines secured $28.5 million in funding. This capital will fuel the construction of a large manufacturing facility near Bengaluru. The company will also develop India's first indigenous CNC controller. Expansion of its AI-driven software platform is also planned. New teams will be established in the US and Europe.
Deep tech startups, VCs seek tax incentives, regulatory clarity
Union minister of commerce and industry Piyush Goyal said the government remains committed to strengthening India's deeptech ecosystem, enhancing ease of doing business, reducing compliance burden, and promoting innovation and entrepreneurship. Over 35 deep tech and semiconductor startups and over 30 leading venture capital firms interacted with the minister at a roundtable in Bengaluru.
Ether Machine, backed by crypto giants, set to raise over $1.6 billion in Nasdaq debut
The combined entity, to be named The Ether Machine, aims to launch with more than 400,000 Ether on its balance sheet, positioning it as the largest public vehicle for institutional exposure to the world's second-largest cryptocurrency.
Do not go gentle into the scrapyard
Delhi is set to remove old vehicles from its roads. Automatic number plate recognition cameras identified many end-of-life vehicles. These vehicles will be impounded and sent to the scrapyard. Many of these vehicles are still roadworthy. Delhi residents may experience a unique presence. The city will be cleaner, but with a lingering memory of these old cars.
Heart of glass: Blondie's classic track is a gem in the crown of late 70s music
Blondie's 'Heart of Glass' from the 1978 album Parallel Lines combines punk and disco elements. Debbie Harry's vocals float over a pulsating rhythm, creating a haunting soundscape. The song, produced with a Roland Rhythm Machine, captures the fragility of love through its lyrics and distinctive beat.
ET Startup Awards 2024 | Top Innovator: BrainSight AI forces a rethink
Founded in 2020, when the entire health sector was focused on fighting the pandemic, the startup had a tough time convincing hospitals to let it test its hypothesis and explaining the potential upsides of the software to top neurologists in the country.
ET Startup Awards 2024: Nominees for Top Innovator
The award will recognise innovations that launch a business or give it a big boost. It should be an original idea that is core to the business or one that provides the differentiation that sets it apart from competition.
Who wants to live forever?
The BBC Radio 4 podcast series Intrigue explores the world of extreme longevity, featuring Ethereum's founder Vitalik Buterin. In episode 7, Buterin discusses his vision for a state that prioritizes life extension and innovation. The series delves into the efforts of tech pioneers like Jeff Bezos and Peter Thiel in tackling ageing and death.
ETtech Deals Digest: Startup funding drops 28% on year to $97 million this week
Startups raised $97 million in the second week of June, a 28% decrease from last year, with Indkal Technologies accounting for 38% of the total. Top deals include Indkal Technologies, Ethereal Machines, Smartworks, Hocco, and Renee Cosmetics.
Manufacturing startup Ethereal Machines secures $13 million from Peak XV, Steadview Capital
Existing investors Blume Ventures, Enam Investments, and WestBridge Capital managing director Sandeep Singhal also join fundraise. Deeptech startup in India develops proprietary multi-axis computer numerical control (CNC) machines and uses them to produce precision parts for the aerospace, healthcare, and consumer electronics industries.
Deep-tech firms hail draft policy, flag friction points
Open for public consultation and released on Monday, the recommendations are spread across nine themes including access to funding and strengthening the intellectual property regime.
Ethereal Machines raises $7.3 million funding from Peak XV's Surge, others
Celesta Capital partner Ganapathy Subramaniam, former Blackstone India head Mathew Cyriac and executive chairman of Cadence Design Systems Lip-Bu Tan, along with Finvolve, 9Unicorns, Venture Catalysts and T2D3 Capital also participated in the round, as per a statement.
Can Big Eyes Coin take over the best DeFi blockchains like Ethereum and Avalanche
Do Big Eyes have what it takes to take over the top DeFi blockchains like Ethereum and Avalanche? Read on to find out.
Indian crypto investors flock to Ethereum after 'Shapella' upgrade
On April 12, the Ethereum blockchain underwent simultaneous "Shanghai" and "Capella" upgrades while operational. The Shanghai upgrade primarily impacted Ethereum's (ETH) Execution Layer, while Capella targeted the Consensus Layer. The implementation dubbed "Shapella," is expected to enhance the network's performance, security, and efficiency.
Ghost first, stranded passengers later
While irrational explanations would have been the first ones sought after in our times where social media itself is really ectoplasmic ether, it turns out that it was the proverbial ghost in the machine that caused the foul ghoul of a phantom flight. Upon enquiry, it was found that Go First had changed this particular route 'due to operational reasons' - a standard euphemism used by all airlines for supernatural causes for delays, cancellations, overbookings, etc - which HappyFares unhappily did not know about.
At the speed of thought
Thoughts excel light in speed. While light travels at the rate of 186,000 miles per second, thoughts virtually travel in no time. Thought is finer than ether, the medium of electricity.
Indian startup wins best innovation award for 3D printing at CES ’18
Started by college graduates Kaushik Mudda and Navin Jain, Ethereal Machines is seen as the first company in the world to create this hybrid technology.
What is the difference between bitcoin and ethereum?
Both offer anonymous transactions, and neither of the two is controlled or regulated by a centralised body.
This crypto stock is a laggard, climbing just 200% in December
UBI Blockchain Internet has increased almost eight-fold in the past two weeks.
This technology can present a whole new way to run a business
It's the ghostly sounding name for a so-called blockchain technology similar to the one that made the digital currency bitcoin possible.
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