Netrasemi Secures ₹10 Crore Funding to Advance Edge AI Technology
In a major boost for India’s semiconductor sector, Netrasemi, a Kerala-based startup, has raised ₹10 crore in a pre-Series A funding round. The funding was provided by Unicorn India Ventures, a prominent venture capital firm. The startup plans to use the capital to accelerate the development of Edge AI solutions and expand its…
In the rapidly evolving technological landscape, artificial intelligence (AI) has emerged as a game-changer, influencing every aspect of the industry. Amidst this AI revolution, Nvidia Corporation has risen from a niche graphics processing unit (GPU) manufacturer to a global technology powerhouse. In June 2024, Nvidia briefly surpassed Microsoft to become the most valuable company in the world—a…
Intel has divested its 1.18 million-share stake in British chip designer Arm Holdings, according to a regulatory filing revealed on Tuesday. The sale, completed in the second quarter, is estimated to have netted Intel approximately $146.7 million, based on Arm’s average stock price during that period.
Strategic Shift and Cost-Cutting Measures
The divestment aligns with Intel’s broader strategy…
