The FinTech Hub
Source: Live Mint Semiconductor design company Tessolve, owned by Hero Electronix, has acquired Germany’s Dream Chip Technologies for ₹400 crore, in a deal that would enable the Bengaluru-based technology firm design more complex processors and give it a competitive edge. The deal strengthens Tessolve’s design capabilities, besides giving it a much better access to European…
Source: Live Mint Microsoft Corp. Inc. wants to partner with the Indian government and other stakeholders as co-pilots to accelerate AI adoption, said Sundar Srinivasan, vice-president of AI & search, Microsoft India Development Centre, during a panel discussion at the Mint India@2047 Summit on Friday. “India has a unique asset in terms of, I…
Source: Live Mint Mr Pichai is not alone. New Street Research, a firm of analysts, estimates that Alphabet, Amazon, Meta and Microsoft will together splurge $104bn on building AI data centres this year. Add in spending by smaller tech firms and other industries and the total AI data-centre binge between 2023 and 2027 could reach…
