SILICON BASED CHIPS
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.
DRDO showcases indigenous chips for advanced radar, electronic warfare and missile systems
At the Emerging Science, Technology and Innovation Conclave (ESTIC) 2026, held at Bharat Mandapam in New Delhi from October 27 to 29, DRDO displayed Monolithic Microwave Integrated Circuits (MMICs) and Infrared Focal Plane Arrays (IRFPAs), developed by its Solid State Physics Laboratory (SSPL), Delhi.
'Ergonomically terrible': Steve Jobs said hands-off, Apple says hands-on with its first touchscreen laptops
Apple CEO John Ternus unveiled the company’s first touchscreen MacBooks, reversing a long-standing stance against the technology. The move comes as Apple expands its product lineup ahead of the holiday shopping season, despite earlier objections from Steve Jobs and Tim Cook.
Alphabet's heavy cloud spending drives bigger-than-expected cash burn
The company reported negative free cash flow of $9.07 billion, compared with analysts' estimate of a cash burn of $36 million, according to data compiled by LSEG.
Apple set to unveil first touchscreen MacBooks, ending years of resistance to the technology
Apple is preparing to introduce its first touchscreen MacBooks, reflecting a shift in consumer demands for laptop technology. The company's previous resistance to touchscreens has changed as consumer preferences have evolved. Analysts suggest that this change is a necessary response to market trends and expectations. Recent product launches, such as the folding iPhone and upgraded MacBook Pro, aim to enhance consumer experience.
US Market: Rising Treasury yields put US banks under pressure over bond losses
Rising US Treasury yields are deepening unrealised losses in American banks’ bond portfolios, forcing lenders to weigh immediate losses from selling securities against the capital and liquidity pressures of holding them.
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Who are the biggest investors backing Anthropic? A look at key stakeholders
Anthropic’s planned IPO is set to test public-market appetite for artificial intelligence companies. Backed by Amazon, Google, leading venture capital firms, global institutions and prominent individual investors, the Claude maker has seen its valuation surge through successive funding rounds.
Chip startup Nova Spectral AI raises Rs 21 crore to build low-cost image sensors
Founded by IIT Kanpur alumni Anish Priyadarshi and Sanjeev Kumar, the startup is developing a short-wave infrared (SWIR) sensor that can help cameras capture images in low light and through smoke, haze, and fog. It aims to make these sensors up to 100 times cheaper than existing technology, opening up potential applications in defence, robotics, cars, and smartphones, the founder said.
Anthropic files for US IPO amid AI boom, rising costs and safety concerns
Anthropic has filed for a US IPO to support its ambitious AI development plans and secure funding. The company's recent financial details show significant revenue growth, but losses have widened sharply. Investors are currently valuing Anthropic at approximately $1.5 trillion, reflecting recent market fluctuations. Anthropic is in competition with OpenAI in the race to create advanced AI systems.
Apple Mac mini M6 review: A compact powerhouse for video editing, AI agents and everyday productivity
Apple’s Mac mini M6 packs powerful performance into a compact desktop, but is it the right choice for creators and professionals? From 4K video editing and multitasking to experimenting with local AI models and tools such as ChatGPT and dots, the machine offers plenty of possibilities. However, its starting configuration comes with limitations that buyers should consider before investing.
AI's hidden power problem: 'Weeteq' claims to cut the electricity wasted inside data centres, here's how
Power consumption is a growing challenge for AI data centers, primarily due to outdated voltage management systems. To tackle this, Weeteq presents a solution designed to enhance power delivery efficiency by managing voltage spikes. This technology enables lower operational voltages, which significantly curtails energy usage in data centers.
Meta raises AI spending forecast to $145 billion, plans new share issue; Q3 revenue beats estimates
Meta raised its 2026 capital expenditure forecast to $135 billion-$145 billion to accelerate AI expansion and announced plans for non-voting shares, while reporting stronger revenue amid mounting legal challenges and intensifying competition.
Experts see political signaling behind China's EUV claims as major technical hurdles keep commercial chipmaking years away
Langdao Silex, a Chinese startup, has introduced a prototype EUV light source claiming 90 percent domestic components. Experts, however, doubt that China can achieve a viable EUV lithography machine in the next decade. This announcement is seen as a tactic to influence U.S. export restrictions on chipmaking equipment and attract funding within China. While the prototype generates some EUV light, it does not meet the required output for commercial systems.
AI researchers are smoking to demonstrate their belief that it will beat cancer: Palantir CTO Shyam Sankar
Shyam Sankar, CTO of Palantir Technologies, highlighted AI researchers' intense commitments, likening it to social delusion. He pointed out the societal implications and the need for technology companies to showcase tangible benefits to the public. Sankar critiqued the effective altruism movement, relating it to fears about AI's potential threats. He emphasized that regulation should focus on the applications of AI technology in various sectors.
Groww Q2 profit jumps; Hocco eyes big funding scoop
Groww reported strong quarterly earnings in the July-September period. This and more in today’s ETtech Top 5.
IN-SPACe pushes space companies to adopt SCL’s indigenous chips
IN-SPACe, which supervises space activities by non-governmental entities (NGEs) and private startups, made the call during a webinar where SCL officials showcased its capabilities across semiconductor design, fabrication, testing, packaging, quality assurance, and failure analysis.
Microsoft Azure is not taking cost-cutting measures, says software giant spokesperson amidst AI overhaul reports
Microsoft has announced the next generation of its custom AI chip and said it plans to deploy potentially more than a million of them next year to back its internal AI services.
Microsoft plans huge deployment of its own AI chips, with an eye on saving costs
The Maia 300, as the chip is called, is the third generation of the company's custom chips designed to handle AI data crunching such as coding and carrying out complex business tasks on a user's behalf. Its predecessor is already running Microsoft's in-house AI models, as well as models from OpenAI delivered on Microsoft's Azure cloud computing service.
Sequoia-backed chip startup Nuvacore raising funds at about a $2.5 billion valuation
Nuvacore is seeking to raise the funds as the appetite for central processors has swollen due to the thirst for data-crunching capacity to power chatbots such as Anthropic's Claude. CPUs perform vital functions as traffic controllers for Nvidia's AI chips and run autonomous AI software known as agents.
Tessolve raises $75 million from US-based Vector Line Capital
Vector Line, a strategic investment company that invests exclusively in semiconductors and the chip supply chain, joins existing investors TPG and Novo Tellus. This is Vector Line's first investment in India, Tessolve said in a statement. The funds will support Tessolve's growth, including strategic acquisitions that add to its existing capabilities, widen its service offerings, and strengthen its global footprint.
Taiwan says exports hit record in September on AI demand
The island is a powerhouse in the semiconductor sector, producing more than 90 percent of the world's most advanced chips used to train and power AI systems.
Flipkart alumni seek Esop buyout; Local sourcing for ISM 2.0
Former Flipkart executives are seeking a full cash-out of vested Esops. This and more in today’s ETtech Top 5.
Tech companies tap debt, equity to fund AI and cloud expansion
Major tech giants like Alphabet and Amazon are gearing up for significant debt offerings aimed at bolstering their AI capabilities. Meanwhile, SpaceX seeks funding specifically for Nvidia chips to enhance its AI infrastructure. Other significant players including Salesforce and Oracle are following suit, utilizing debt markets for expansions and buybacks.
Quanfluence raises $10 million to build full-stack photonic quantum computer
The company plans to use the fresh capital to develop and launch a four-qubit quantum computer in the near term, while targeting a larger prototype with around 100 qubits by 2029, cofounder and CEO Sujoy Chakravarty told ET.
Local sourcing must for ISM 2.0 subsidy: MeitY tells chip companies
ISM 2.0 was unveiled by MeitY last month. While no company has formally announced its application under the scheme, officials say they are discussing the terms of the scheme with the industry. Under the first iteration of ISM, the government had approved 12 investment proposals for manufacturing units.
IT fresher hiring rebounds; Agrani's Rs 800 crore raise
Happy Friday! After nearly two years of subdued fresher intake, hiring is picking up across the technology and IT industry. This and more in today’s ETtech Morning Dispatch.
Chip startup Efficient Computer raises $100 million at $650 million valuation
Data-flow chips have bounced around academic literature for decades without commercial traction, largely because they are difficult for software developers to program for the wide variety of tasks that can be handled by chips from Intel or Nvidia.
Ecommerce's festive push; Vertex's AI bets
Happy Wednesday! Ahead of the festive sales, ecommerce giants are building out their supply chains. This and more in today’s ETtech Morning Dispatch.
Anthropic, OpenAI sound AI doomsday warning, Nvidia may have an answer. Here's explainer
AI safety debate has divided the industry, with the heads of Anthropic and OpenAI championing a coordinated slowdown of Artificial Intelligence development to let safety efforts catch up. However, Nvidia may have a plan.
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