Siemens AG poised for record acquisition of Altair Engineering Inc.
Siemens AG is near a deal to acquire software maker Altair Engineering Inc., which would mark its largest acquisition to date, according to sources familiar with the situation.
Siemens AG is near a deal to acquire software maker Altair Engineering Inc., which would mark its largest acquisition to date, according to sources familiar with the situation.
Ma Yi, a renowned AI expert, has taken the lead at the University of Hong Kong’s School of Computing and Data Science, aiming to foster a nurturing environment for talent. Previously a professor at UC Berkeley, Ma believes that although China has immense talent, it lacks the proper systems to develop them. He experienced this ...
Tata Motors Group has officially launched a new manufacturing facility in Panapakkam, Tamil Nadu, with an investment of Rs 9,000 crore. This state-of-the-art plant will focus on producing next-generation cars and SUVs for both the Indian and international markets. The facility, designed to have an annual capacity of over 250,000 vehicles, aims to create more ...
India has made significant strides in the Global Innovation Index (GII), climbing to 39th place among 133 economies in the 2024 rankings, up from 40th last year. Union Minister Piyush Goyal announced this achievement, highlighting the role of India’s innovators and entrepreneurs in driving this progress. The rise is attributed to the country’s strong knowledge ...
Amrut Distilleries, the Bengaluru-based alcobev leader, has launched Bella, a unique single rum distilled from nutrient-rich jaggery sourced from the Western Ghats and Mandya, Karnataka. This smooth rum has been aged for six years in ex-bourbon barrels, showcasing flavors of coconut, vanilla, and a hint of citrus, culminating in a sweet almond finish. Priced at ...
India’s government is set to enhance its artificial intelligence (AI) capabilities with the India AI mission, which has a budget of Rs 10,372 crores. A significant portion, over Rs 4,500 crores, will focus on increasing “compute capacity” through potential viability gap funding. During a Deloitte India event, Electronics and IT Secretary S Krishnan announced plans ...
Bluecopa, an AI-powered finance operations automation platform founded in 2021, has successfully raised $1.8 million in a pre-Series A funding round. This investment, led by Blume Ventures, Dallas Venture Capital, and Venture Catalysts, aims to help Bluecopa expand its Market presence, enhance its AI features, and further develop its products. The company specializes in providing ...
Prime Minister Narendra Modi is set to inaugurate Semicon India 2024 at the India Expo Mart in Greater Noida on September 11. The event, lasting three days, focuses on the semiconductor ecosystem. In anticipation of the high-profile visit, the Noida Traffic Police have issued a traffic advisory to manage expected disruptions. Drivers are advised to ...
Prime Minister Narendra Modi is scheduled to inaugurate SEMICON India 2024 at the India Expo Mart in Greater Noida on September 11. Due to his visit, Noida traffic police have implemented several diversions and restrictions on goods vehicles from 7 AM to 11 PM around the venue. The police will briefly halt traffic on the ...
Tata Electronics has partnered with ASMPT Singapore to enhance semiconductor assembly and packaging in India, focusing on facilities in Assam and Karnataka. This collaboration includes workforce training, improving service engineering, and advancing research in semiconductor technologies. Tata Electronics is investing Rs 27,000 crore in a chip assembly plant in Assam, set to begin operations next ...