BFSI
IndieSemiC, Nordic Semiconductor Partner to Launch Wireless Chip Modules Globally
Ahmedabad‑based IndieSemiC has teamed up with Norway’s Nordic Semiconductor to design and commercialise wireless modules for connected devices, with the companies stating that these modules are already being deployed in global markets. The collaboration is being positioned as a design‑centric addition to India’s growing role in the broader semiconductor and electronics ecosystem, targeting enterprise‑grade connectivity for smart‑home, industrial IoT, and healthcare‑related applications. The partnership brings...
Amazon Bets $25 Billion on Anthropic as Part of $100 Billion AWS AI Deal
Amazon has announced it will invest up to $25 billion in artificial intelligence startup Anthropic, as part of a sweeping cloud infrastructure deal that will see Anthropic spend more than $100 billion over the next decade on Amazon Web Services (AWS). The agreement marks one of the largest AI‑infrastructure‑anchored partnerships of the year, underscoring how hyperscalers and AI labs are increasingly tying long‑term AI‑compute...
AirTrunk Acquires Lumina CloudInfra, Enters India with 600 MW AI-Ready Pipeline
AirTrunk, Asia Pacific's dominant hyperscale data centre operator, has acquired Lumina CloudInfra, securing a strategic foothold in India's exploding digital infrastructure market and adding substantial AI-ready capacity to its regional portfolio. The transaction delivers AirTrunk immediate access to Lumina's 600 MW development pipeline—representing up to USD 5 billion in future projects—across Mumbai, Chennai and Hyderabad, three of India's critical Tier 1 data centre hubs....
Google Gemini Powers Cadence ChipStack: 10x Faster AI Chip Design on Cloud
Google Cloud and Cadence Design Systems have forged a strategic partnership to revolutionise semiconductor development, integrating Google's Gemini AI models with Cadence's innovative ChipStack AI Super-Agent for cloud-based chip design automation. Launched in February, the ChipStack platform now leverages Gemini's advanced reasoning capabilities to streamline complex workflows, promising design teams up to 10x productivity gains across verification, testbench creation and regression management. Available immediately...
3 in 4 Leaders Double Down on AI Despite Recession Fears: KPMG Q1 Pulse
Global business leaders are doubling down on artificial intelligence investments despite economic uncertainty, with three-quarters planning to maintain AI as a top priority even during a recession. KPMG International's inaugural Global AI Pulse Q1 2026 survey reveals organisations projecting an average USD 186 million spend over the next 12 months, based on responses from 2,110 senior executives across 20 countries including India. While 95% of...
Gartner: 4X Data Investment Separates AI Winners From Losers
Gartner research reveals a stark divide between AI ambition and execution: organisations achieving tangible business outcomes from artificial intelligence invest up to 4X more—as a percentage of revenue—in foundational data capabilities, governance frameworks, specialised talent, and change management programs compared to those experiencing underwhelming results. The finding emerges from a global survey of 353 data and analytics leaders conducted late last year, which uncovered...
Amazon’s AI Boom Creates Internal Tool Duplication Nightmare
Amazon's aggressive AI push has unleashed a chaotic internal proliferation of duplicate tools and orphaned datasets, with a confidential February document warning that "AI is making our tool duplication problem worse" as teams spin up overlapping systems faster than cleanup efforts can keep pace. The "Amazon confidential" analysis from the retail AI evaluation team reveals generative AI's low creation barriers eliminate traditional software development...
Sasken Opens Hyderabad CoE, Targets 100+ Hires for Qualcomm Collaboration
Product engineering firm Sasken Technologies has opened a new Centre of Excellence (CoE) in Hyderabad to strengthen its regional delivery capabilities and deepen collaboration with chipset partners like Qualcomm and their OEM ecosystems. The facility targets next-generation engineering across connected devices, 5G platforms, IoT solutions, embedded systems, and digital product development for automotive, smart devices, hi-tech, satellite communication, and industrial sectors. Nirmala Datla, Sasken's Chief...
MeitY Launches Expert Panel to Steer India’s AI Governance Framework
The Ministry of Electronics and Information Technology (MeitY) has formed a Technology and Policy Expert Committee (TPEC) to provide specialised technical guidance to India's newly established AI Governance and Economic Group (AIGEG). Chaired by MeitY Secretary S. Krishnan, the committee brings together leading academics from IIT Madras and IIT Gandhinagar alongside industry voices from NASSCOM, DSCI, and MAIT to ensure national AI policy keeps...
Nuclias Unity Powers Scalable, Unified Cloud Control for Enterprise Networks
D-Link Corporation has launched Nuclias Unity, a comprehensive cloud network management platform designed to streamline enterprise connectivity across SMBs and large multi-site organisations. The platform delivers unified control over wired and wireless infrastructure through a single cloud interface, eliminating on-site IT dependency while avoiding traditional licensed cloud solution costs and complexity.
Currently supporting D-Link's full range of business switches and enterprise-grade access points, Nuclias Unity...
News
ASML to Cut Around 1,700 Jobs in AI‑Driven Reorganisation
ASML, the Dutch semiconductor‑equipment giant that holds a near‑monopoly on advanced lithography tools used to manufacture cutting‑edge chips, is planning to cut roughly 1,700 jobs, or about 4 per cent of its 44,000‑person workforce. The move was announced in January alongside the company’s record full‑year revenue of €32.7 billion and signals a major internal reorganisation aimed at streamlining operations even as demand for advanced...