Silicon Valley

AICTE, apna.co conclude youth empowering Silicon Valley Immersion Programme

Jobs and professional networking platform apna.co in partnership with the All India Council for Technical Education (AICTE) has concluded the Silicon Valley Immersion Programme, which enables Indian youth to connect with global technology leaders. This programme is designed to connect Indian youth with global tech giants and equip them with the skills needed to seize international opportunities, foster creativity, and enhance problem-solving abilities for a future-ready India, according to a release. The Silicon Valley Immersion Programme (SVIP), a national competition aimed at nurturing creativity and problem-solving skills, has culminated with Teena Chhatria, Aradhya Pitlawar, Kabir Arora, and Chaitanya Sai Krishna as its distinguished winners, it added. These talented individuals, hailing from institutions such as XLRI Jamshedpur, WCE Sangli, and PEC Chandigarh, have earned a fully-funded trip to Silicon Valley in the US. "This initiative, developed in collaboration with apna.co

Why JD Vance as Donald Trump's VP pick has Silicon Valley celebrating

Elon Musk called the decision a "great choice" and said the lineup "resounds with victory" on X, the social platform he owns

Sam Altman driving Koenigsegg Regera; Musk takes jibe after video surfaces

Musk takes a dig at OpenAI co-founder Sam Altman for driving a $1.9M Koenigsegg Regera. Social media users wonder how a non-profit organisation's CEO could afford it

US-based AI company Glean Technologies launches its first office in India

Glean's launch in Bengaluru underscores its commitment to empowering Indian enterprises through advanced AI technologies and expanding its customer base in the Asia-Pacific region

'Boring' bitcoin sends weekend trading volume to all-time lows: Research

Bitcoin trading gained notoriety for its "Wild Weekends," where the digital currency would experience wide price fluctuations

South Park Commons enters India in collaboration with Binny Bansal

In collaboration with Binny Bansal, co-founder of Flipkart, the early-stage fund will provide a supportive environment for India's most talented founders

As Nvidia hits $3 trn, Jensen Huang's wealth surpasses Michael Dell's

Dell, 59, with a net worth of $105.9 billion, has been a computer hardware-industry outlier among the tech super-rich, who often owe their wealth to software companies

Jeff Bezos, Mark Zuckerberg lead Magnificent Seven insider stock sales

The moves underscore how Silicon Valley insiders are monetizing their holdings after tech stocks rallied to fresh records, rebounding from a 2022 slump caused by accelerating inflation, rate hikes

Tensions rise in US-based Silicon Valley over sales of startup stocks

The market for shares of startups like SpaceX and Stripe is projected to reach a record $64 bn this year

US tech industry can't survive without Indians: SVC Chamber of Commerce CEO

Indians are one of the largest leaders of innovation in Silicon Valley and America's tech industry cannot survive without them, the CEO of the Silicon Valley Central Chamber of Commerce has said. I don't have the new figures, but what matters is that we (Indians) are such impactful contributors," Harbir K Bhatia told PTI in an interview. India(ans) are one of the largest leaders of innovation in Silicon Valley. At one point, the data was collected (according to which) 40 per cent of Silicon Valley CEOs or founders were from South Asia or India. That is so huge, she said. Located in Santa Clara, the hub of Silicon Valley, the Chamber of Commerce is made up of a group of visionary business leaders from multiple cities that help grow and shape the future of Silicon Valley. "Here you get to bring your whole self to work and have the opportunity to be creative, to be all that you want to be without the worry of your colour, of your skin, the religion you practice, the cast, the culture

Concrete jungles and Silicon Valleys

By leveraging technology and data-driven approaches, startups can help cities optimise resource allocation, improve service delivery, and enhance the overall quality of life for residents

Silicon Valley super excited about India, says TiE president Anita Manwani

Silicon Valley is super excited about India, whose leadership has shown a commitment towards entrepreneurship, Anita Manwani, TiE president has said. The Indus Entrepreneurs (TiE) Silicon Valley is a nonprofit organisation in the US devoted to entrepreneurs in various industries. I am super excited and I think Silicon Valley is super excited because we have at the helm of India's leadership a clear commitment to one entrepreneurship to open business with initiatives like the GIFT city, with initiatives that are making investments and repatriation of funds back to the United States, I would say a little easier than what it was before, Manwani told PTI in an interview. So, these are all initiatives that are truly going to enhance the increasing activity in the corridor with India. This is India's decade, and it's India's decade to lose because India is poised for winning innings here. We are all rooting for the leadership, Manwani said in response to a question. A seasoned corporate

Recruitment companies tap into double-digit demand for semicon jobs

According to data from Xpheno, a specialist staffing firm, companies such as Kaynes Technology, Micron, and SRAM & MRAM Group are expected to hire a total of 12,000

Defunct SVB Group to sell Indian subsidiary to First Citizens Bancshares

SVB Financial Group is currently seeking approval from a bankruptcy court, with a hearing scheduled for April 9. The company anticipates that the transaction will close after this hearing

Nvidia CEO Jensen Huang unveils successor to its all-conquering AI chip

Huang, Nvidia's co-founder, said AI is the driving force in a fundamental change in the economy and that Blackwell chips are "the engine to power this new industrial revolution"

Bengaluru's water crisis is a call for urgent action amidst urban chaos

Tech firms embrace innovative water conservation measures, residents make do with less

Year after Silicon Valley Bank crisis, a struggle over what needs to change

Regulators say they are now paying closer attention to midsize banks, recognizing that problems can quickly spread between banks with diverse geographic footprints and customer bases

Bengaluru water crisis to impact local industries in coming weeks: Experts

The concern of a water crisis is already making local federations and industrial bodies to work with government closely so that impact can be minimal

What algorithms can do

From automated trading to shopping, Marek Kowalkiewicz's book explores the far-reaching impacts of algorithms on industries, individuals, and innovation

US Revenue Service body seeks more than $1 bn from collapsed SVB for taxes

The complaint comes on the heels of a similar one from New York City, which is trying to collect more than $2.1 million in back taxes it claims Silicon Valley Bank owes