by Jennifer George | October 13, 2024 | Coverages, Cryptocurrencies, Currencies, Economy, Financial Services, Fintech, Gitex 2024, Industry, News, Startups, Technology
GITEX GLOBAL, the world’s largest tech and startup event, takes center stage in the UAE next week with this year’s 44th edition destined to redefine the world’s digital economy and AI ecosystem. Held at Dubai World Trade Centre (DWTC) from 14-18 October, the...
by Vasu Jit Kalia | August 30, 2024 | Startups
Indian grocery startup Zepto said on Thursday it has raised $340 million in a fresh round, just two months after its last fundraise. In the latest round led by General Catalyst, the three-year-old company was valued at $5 billion, a sharp rise from $3.6 billion in...
by Jennifer George | August 16, 2024 | Industry, News, Startups, Technology
Shortly after GTC 2024, Nvidia CEO Jensen Huang revealed that it costs Nvidia between $30,000 and $40,000 to produce a single unit of its most sophisticated chip offerings, the Blackwell B200. Emerging Asian AI startups are challenging Nvidia’s costs and energy...
by Vasu Jit Kalia | July 17, 2024 | Startups
Xpro India Limited, part of the Birla conglomerate and a producer of dielectric films used in capacitors, is establishing its first global manufacturing unit called Xpro Dielectric Films in Ras Al Khaimah. From being the first mover in dielectric film manufacture in...
by Vasu Jit Kalia | July 17, 2024 | Startups
New Delhi, July 15 (IANS) Chip-maker AMD India on Monday announced a partnership with the Society for Innovation and Entrepreneurship (SINE), an incubator at IIT-Bombay, to promote semiconductor startups in the country. Under the partnership, AMD will provide grants...
by Jibran Munaf | July 9, 2024 | Market Commentary, News, Startups
Start-ups across the Middle East and North Africa (MENA) raked in a total of $882 million in investments during the first half of the year. The total funding was down by around 46% from the $1.6 billion raised in the same period in 2023, a report from Wamda and...
