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๐ Startup and Tech Highlights: 1. Indian edgeโAI chip startup Netrasemi raised โน107 crore (~$13โฏM) in a SeriesโฏA round led by Zoho Corp and Unicorn India Ventures. Theyโre developing SoCs for edge-AI applications targeting surveillance, robotics, and smart retail, reinforcing Indiaโs drive for semiconductor selfโreliance. 2. Hyderabadโs space-tech startup Stardour successfully testโfired Indiaโs first hydrogenโoxygen propulsion engine, a major step in clean propulsion and stealthโmode innovation. 3. Inbound Aerospace, incubated at IIT Madras, secured $1โฏM 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 Indiaโs indigenization and manufacturing growth narrativeโaligning with broader national innovation policy. 5. Chinese AI startup Zhipu unveiled GLMโ4.5, its open-source large language model, adding to Chinaโs tally of over 1,500 published language models globallyโleading the pack. 6. Samsung secured a $16.5โฏB chip manufacturing deal with Tesla, boosting its foundry credentials, while Intelโs shares tumbled as it scaled back due to underwhelming demand. A new USโEU trade deal also eases tariffs on chipโmaking exports. 7. Indiaโs IT Ministry is monitoring TCS as it plans to cut over 12,000 jobs, predominantly affecting midโlevel rolesโa move that has sparked scrutiny and concern.
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