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Finance Minister Nirmala Sitharaman told an IIT Madras alumni gathering this week that India must accelerate its efforts in AI, semiconductors, and quantum technologies.
Private equity firm True North has acquired a minority stake in adtech startup InMobi, reportedly worth $50-60 million, as the company prepares for an IPO.
San Francisco startup Trebellar has raised an $18 million Series A led by Blossom Capital to replace spreadsheets with AI-native software for corporate real estate.
New York startup Midcentury has raised a $15 million seed round to build training data and simulation platforms for systems operating in real-world environments.