GRAPHIC DESIGN
ET Prime Special Series: Multibagger or IBC – Part 84: Can rising demand for decorative features drive this auto ancillary's growth?
A car can change its engine and still look almost the same. It can also keep the same engine and look so different that buyers happily pay more for it. That is the peculiar corner of the automobile industry this story explores. For one listed supplier, the shift to EVs may be less threatening than it sounds. The bigger question is whether changing consumer preferences can help it build a more valuable business.
Google's expanding AI chip business opens new opportunities for Samsung, SK hynix beyond Nvidia
Google's strategy to boost its tensor processing units is likely to create greater demand for high-bandwidth memory from Samsung and SK hynix. With nearly 100 TPU clients, including Oracle ready to utilize Google's chips by 2024, both memory giants aim for long-term supply contracts as the need for HBM in custom AI chips accelerates. However, the transition from this potential to actual orders is hindered by current production obligations.
How China gets the Nvidia chips it needs to develop AI
Nvidia's dominance in the global AI chip market has come under scrutiny as US export restrictions fail to fully prevent China from accessing advanced processors. Chinese firms are reportedly obtaining Nvidia chips through smuggling and overseas data centres, while domestic players such as Huawei race to develop competitive alternatives.
Chinese chipmakers Denglin and Xinde make mixed Hong Kong market debuts
Chinese chipmakers Suzhou Denglin Technology and Jiangsu Xinde Semiconductor Technology made contrasting Hong Kong market debuts after raising a combined HK$2.36 billion through their IPOs. Denglin opened 0.9% below its offer price, while Xinde gained 20.5%. Both companies plan to use most of the proceeds to expand their semiconductor businesses.
'No ordinary CEO': Why the AI race cannot do without Nvidia's Jensen Huang
Nvidia CEO Jensen Huang’s influence extends beyond chip supply, making him a central figure in the global AI industry. The company’s dominance in AI processors, investments across the sector and Huang’s close control over its strategy have raised concerns about the risks of depending heavily on one executive.
'No ordinary CEO': Why the AI race cannot do without Nvidia's Jensen Huang
The star power that 63-year-old Huang draws as the gatekeeper to Nvidia's chips shows how badly the AI industry is leaning on him for the graphics processing units that train models and run services such as ChatGPT.
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Google to introduce two variants of in-house chips: Bloomberg News
The search giant's shares were up more than 2% in premarket trading. Through last close, the stock has fallen 9% so far this year. Alphabet did not immediately respond to a Reuters request for comment. Reuters could not independently verify the report.

Nvidia's Jensen Huang, the scandal-hit AI visionary in a leather jacket
Chips made by US chip titan Nvidia push the boundaries of artificial intelligence, but its leader Jensen Huang is in the spotlight over an affair with an alleged Chinese spy. That is an area of concern to US officials who believe he has been involved with the alleged spy, Alice Huang, who is linked to a Singapore-based data center company, according to the New York Times.

NSE rolls out direct-to-chip liquid cooling to scale AI computing capabilities; plans to scale GPU capacity beyond 80 this quarter
The NSE has deployed Direct-to-Chip Liquid Cooling technology at its on-premises data centre to support expanding AI infrastructure. The exchange plans to scale its GPU capacity to more than 80 units this quarter, with the cooling system designed to accommodate up to 224 GPUs across high-density racks.

Nvidia board probes whether CEO Jensen Huang was targeted in Chinese intelligence operation
Nvidia's board has launched an independent investigation into allegations that CEO Jensen Huang may have been targeted by a Chinese intelligence operation through former Megaspeed executive Alice Huang. The probe will assess potential exposure of confidential information and national security risks amid escalating US-China technology tensions. Nvidia says it has found no evidence of compromised secrets.

Is Cathie Wood betting on the next stage of the AI boom amid Wall Street’s tech stock crash, buying SpaceX and Nvidia while selling $120 million in Broadcom stock?
Cathie Wood is buying AI stocks while Wall Street is selling them. ARK Invest purchased nearly $49 million in SpaceX and $46 million in Nvidia after Thursday’s tech sell-off wiped out more than $3 trillion in US market value. But it sold $119.7 million in Broadcom and $20 million in CoreWeave. The contrasting trades raise questions about Wood’s AI strategy.

CBSE announces Class 10, 12 board exam dates; check when February papers begin in 2027
The CBSE will conduct its Class 10 and Class 12 board examinations from February 16, 2027. While the Class 10 exams will conclude on March 9, the Class 12 examinations will continue until April 9. The board has released the date sheets 101 days before the examinations begin.

India focused on becoming AI application capital of the world: Ashwini Vaishnaw
India is on a mission to become the global hub for artificial intelligence applications while also enhancing its semiconductor industry. With the launch of the Semicon 2.0 Web Application Portal, only well-prepared semiconductor enterprises will have their applications considered. The government is actively working on a strategy to produce indigenous graphics processing unit chips, alongside other crucial electronic components such as battery cells and copper foils.

India focused on becoming AI application capital of the world: Ashwini Vaishnaw
India is striving to become the artificial intelligence application capital while also focusing on semiconductor manufacturing. The government plans to launch the Semicon 2.0 Web Application Portal to attract serious players in the industry. Union Electronics and Information Technology Minister Ashwini Vaishnaw highlighted the importance of complete applications for participation.

AI boom turns chip packaging into the next battleground for semiconductors
Billions of dollars are being invested in advanced chip packaging due to the demand for AI chips. This growing need is pushing companies to expand their production capacities significantly. Taiwan's TSMC is at the forefront of packaging technology, yet limitations have spurred alternatives.

Canva layoffs: CEO Melanie Perkins calls job cuts ‘hardest moment’ in company's history, says ‘deeply sorry’. Read full letter
Canva Group, recognized as a prominent Australian graphic design platform, is set to undergo significant changes with a restructuring plan that impacts its workforce. The company has announced the elimination of 1,271 jobs, representing about 22% of its total employees. After a decade of steady growth, this move aims to optimize operations.

Why are companies restricting AI access to employees
Goldman Sachs, Uber, JPMorgan and Nvidia are some of the global firms that have restricted their employees’ usage of AI tools

Canva layoffs severance package: From six months’ salary, $10,000 grants to MacBooks, here’s what company has promised affected employees following a 22% workforce reduction
Canva layoff news: Canva Group has announced plans to lay off approximately 1,271 employees as part of a major restructuring effort. The company aims to consolidate its teams to enhance operational efficiency and clarify ownership. Employees affected by the layoffs will receive a generous severance package, which includes financial support for their future endeavors. Canva will require some staff to relocate to Sydney, where product teams will be centralized.

Canva layoffs: Top manager feels ‘deja vu’, urges colleagues to ‘to be kind’ after 1,271 job cuts
Canva employee Artemi Ollin says the company's decision to cut 1,271 jobs feels like “déjà vu” after he experienced layoffs at Google. In a LinkedIn post, he urged affected colleagues to prioritise their wellbeing and encouraged remaining employees to offer support through referrals, recommendations or simply a kind word. Canva is restructuring after growth slowed.

Canva to cut about 22% of staff as growth slowdown triggers restructuring
Australian graphic design platform Canva Group said on Wednesday it would cut 1,271 jobs, or about 22% of its workforce, as part of a restructuring after growth slowed for the first time in a decade.

How Indian investors’ portfolios are changing: From property and gold to SIPs and ETFs
Indian households are re-evaluating their asset allocations as gold holdings rise and equity investments remain stable. Recent data reveals a significant increase in household wealth, particularly in gold and real estate. Households are moving from traditional savings to market investments, notably through systematic investment plans. Meanwhile, financial behaviors are changing, with more monthly contributions being made to equities.

Goldman Sachs asked her to take down her baking TikToks, but this Gen Z employee had other plans; she quit Wall Street instead and is now turning her baking side hustle into a full-fledged business and made cakes for Gigi Hadid, others
Allison Sheehan, a former Goldman Sachs employee, faced conflicts with the firm's compliance team regarding her baking business. She decided to leave her finance career to fully focus on her cake business. After resigning, her production increased significantly, allowing her to create between 10 and 30 desserts each week. She is now exploring expansion plans for her company, including the potential for retail sales.

In 2015, Airtree backed Canva's $6 million Series A; 6 years later, a partial sale at a $39 billion valuation returned 1.4x its first fund; here's how
Canva reached a $39 billion valuation when Airtree reduced part of its holding in 2021. In September that year, Canva announced a separate $200 million funding round at a $40 billion valuation. According to reportes, a more recent Canva share sale generated a return equivalent to 1.4 times the total capital invested in Airtree's first fund.

Anduril and Qualcomm plan to build laptop with US supply chain
The companies unveiled a new product line on Tuesday called BlueChip intended to supply “America’s most critical industries — including government, defense, first responders and public safety,” according to a statement. The eventual goal is to establish an “end-to-end American supply chain” for the laptops and, more broadly, to rebuild US computer manufacturing, the companies said.

French diplomat 'intimidated' in Iran by suspected security agents: source
France's deputy chief of mission in Tehran was this month subjected to "intimidation by individuals claiming to belong to the Iranian security forces"on Tuesday. The incident, the second involving French diplomats in Tehran in less than four months, highlights the sharp deterioration in relations between France and Iran.

Apple launches 14-inch MacBook Pro with M6 at Rs 2,39,900; touchscreen model also expected
Apple has launched the 14-inch MacBook Pro with the M6 chip in India at a starting price of Rs 2,39,900, offering faster graphics, improved on-device AI performance and up to 24 hours of battery life. Pre-orders begin October 28, with sales starting November 6. However, the new model does not have a touchscreen, a feature reportedly planned for redesigned MacBook Pro models expected later this year or in early 2027.

Apple unveils iPad mini with OLED display, A20 Pro and water resistance, starting at Rs 82,900
Apple has unveiled a new iPad mini with an 8.5-inch OLED display, A20 Pro chip, thinner 5.4mm design and IP67 water and dust resistance. The tablet features upgraded cameras, Wi-Fi 7, Bluetooth 6 and support for Apple Pencil Pro. It runs iPadOS 27 with Apple Intelligence features, including enhanced Siri capabilities and updated photo editing tools. The new iPad mini starts at Rs 82,900 for the Wi-Fi model and Rs 1,00,900 for Wi-Fi + Cellular, with storage options of up to 512GB. Pre-orders open on October 28, while sales begin November 6.

Meet Jon Yongfook, who launched Bannerbear with just $500 in 2019; by 2024, the automated image-generation tool reached $48,000 in monthly revenue
Jon Yongfook Cockle is the founder of Bannerbear. He launched the project in 2019 with an estimated cost of $500. Bannerbear's task is simple. It basically is an API and integration tool that automatically generates social media visuals, e-commerce banners and other types of marketing graphics. It helps businesses automate repetitive design tasks rather than create every visual manually.

Are Your Job Postings Driving Away Creative Talent?
Many organizations say they want innovative talent but undermine themselves with the wrong recruitment language. An analysis of 10,000 creative job postings and experiments with 2,000 job seekers show employers overwhelmingly emphasize words like “genius,” “visionary,” and “unique” over “curious,” “observant,” and “experimental,” when seeking to fill creative roles. Yet postings using “explorer” language attract more applicants overall, a more diverse pool, and candidates with stronger histories of creative achievement and openness to experience. Framing creativity as exploration and collaboration, rather than rare brilliance, is a low-cost shift that helps organizations hire the people more likely to spark creative change
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