New Delhi, June 25 (IANS) US-based technology giant IBM on Thursday unveiled what it described as the world’s first sub-1 nanometre (nm) chip technology, a major breakthrough for the semiconductor industry as it approaches the physical limits of conventional chip scaling.The new chip is built on a 0.7 nm, or 7-angstrom, process node and features a novel three-dimensional transistor architecture called nanostack, according to the company.The chip enables continued improvements in performance and …
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New Delhi, June 25 (IANS) Prime Minister Narendra Modi on Thursday welcomed Amazon’s record $48 billion investment in India, saying that this investment will create new opportunities for youth in the country.Amazon has announced a total investment of $48 billion to expand and support its businesses in India from 2026 to 2030, after its CEO, Andy Jassy, met PM Modi in the national capital.“A great meeting with Mr. Andy Jassy. I welcome Amazon’s record $48 billion investment in India. This will …
New Delhi, June 25 (IANS) US e-commerce giant Amazon on Thursday announced to invest a total of $48 billion to expand and support its businesses in India from 2026-2030, as its CEO Andy Jassy met Prime Minister Narendra Modi here.Jassy reiterated Amazon’s long-term commitment to India and announced plans to invest an additional $13 billion to expand AI and cloud infrastructure in the country by 2030.This takes Amazon’s total planned investment in expanding and supporting AI and cloud infrastruct…
Washington, May 21 (IANS) The global technology community is mourning the death of S. “Soma” Somasegar, the Indian American former Microsoft executive and Madrona Venture Group managing director who was widely credited with shaping Microsoft’s developer ecosystem and mentoring a generation of engineers, founders and investors.“With heavy hearts, we share the passing of beloved husband and father, S. Somasegar (fondly known as Soma), on May 19th, 2026,” a family memorial message said Tu…
New Delhi, April 20 (IANS) Indian employees are offered 1.5-times to 2.5-times salary premiums in banking, financial services and insurance (BFSI) GCCs as they are grappling with a 42 per cent skill gap in AI and data roles, a report said on Monday.Replacement hiring showed a huge surge and it accounted for 40 per cent of all recruitment activity in India’s Global Capability Centre ecosystem, the report from workforce solutions firm Quess Corp said.The rise in replacement hiring was driven by …
New Delhi, Feb 16 (IANS) C2i Semiconductors, a Bengaluru‑based chip design startup supported under the government’s Design Linked Incentive (DLI) scheme, has raised $15 million in a Series A funding round led by Peak XV Partners, bringing its cumulative investment from private investors to roughly Rs 170 crore, it was announced on Monday.The latest funding round follows a $4 million raise in 2024 and, together with DLI support, will accelerate development of power-management semiconductor so…
New Delhi, Feb 1 (IANS) Industry leaders on Sunday welcomed the Union Budget 2026–27 for its emphasis on skilling, innovation, Electronics Component and Manufacturing Scheme (ECMS) and semiconductors, adding that it will make India a global electronics manufacturing hub.Sunil Bharti Mittal, Founder and Chairman, Bharti Enterprises called the Budget “bold” for combining growth with inclusion. The strong emphasis on skilling, alongside sustained investments in science, innovation, and research a…