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Varun Bhambhani
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Medial • 3m
🗞️ Medial Bulletin 🤖 AI & Automation • Takeda signs a multi-year deal worth up to $1.7B with Iambic AI to accelerate drug discovery using generative chemistry and machine learning. • AI “super-app” platforms begin emerging in the US market, combining chat, payments, productivity, and automation into unified agent-driven ecosystems. 🇮🇳 India Tech & AI Ecosystem • India revises deep-tech startup eligibility rules, extending the recognition window to 20 years to support long-gestation sectors like semiconductors, space, and biotech. • Odisha and Tamil Nadu partner with Sarvam AI to launch large-scale sovereign compute projects focused on domestic AI infrastructure. 🚀 Startups & Funding • Octobotics, an AI-enabled industrial robotics startup, closes a new seed funding round to expand asset inspection automation across heavy industries. • Java Capital launches a ₹400 crore deep-tech fund aimed at backing 15–20 IP-led science and engineering startups. 💼 Big Tech, Chips & Infrastructure • European Union opens NanoIC, its largest Chips Act pilot line, backed by a €700M investment to strengthen semiconductor independence. • Astera Labs opens a new Israel R&D hub to build high-speed connectivity solutions for next-generation AI data centres. 📊 Markets & Industry Signals • US software and services stocks fall sharply, as investors reassess how AI-native tools may disrupt traditional enterprise software revenue models. • Venture funds with an AI focus in India triple in number, with about $1.8B in fresh capital committed to the sector.
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