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build III

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๐Ÿš€ Startup and Tech Highlights: 1. Indian edgeโ€‘AI chip startup Netrasemi raised โ‚น107 crore (~$13โ€ฏM) in a Seriesโ€ฏA round led by Zoho Corp and Unicorn India Ventures. Theyโ€™re developing SoCs for edge-AI applications targeting surveillance, robotics, and smart retail, reinforcing Indiaโ€™s drive for semiconductor selfโ€‘reliance. 2. Hyderabadโ€™s space-tech startup Stardour successfully testโ€‘fired Indiaโ€™s first hydrogenโ€‘oxygen propulsion engine, a major step in clean propulsion and stealthโ€‘mode innovation. 3. Inbound Aerospace, incubated at IIT Madras, secured $1โ€ฏM in funding from Speciale Invest and Piper Serica to advance its space-technology initiatives. 4. Venttup, a B2B manufacturing deep-tech startup, released a whitepaper on Indiaโ€™s indigenization and manufacturing growth narrativeโ€”aligning with broader national innovation policy. 5. Chinese AI startup Zhipu unveiled GLMโ€‘4.5, its open-source large language model, adding to Chinaโ€™s tally of over 1,500 published language models globallyโ€”leading the pack. 6. Samsung secured a $16.5โ€ฏB chip manufacturing deal with Tesla, boosting its foundry credentials, while Intelโ€™s shares tumbled as it scaled back due to underwhelming demand. A new USโ€‘EU trade deal also eases tariffs on chipโ€‘making exports. 7. Indiaโ€™s IT Ministry is monitoring TCS as it plans to cut over 12,000 jobs, predominantly affecting midโ€‘level rolesโ€”a move that has sparked scrutiny and concern.

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