Apple is working on its AI chip💻
Apple is working on its AI chip💻
Tata Electronics begins chip export, KKR acquires Healthium, Wozniak's space startup Privateer buys Orbital Insight, Funding Deals and more.
Greetings, dear readers!
"Each day provides its own gifts."
- Marcus Aurelius
Today, we are reminded by the wisdom of Marcus Aurelius that every day brings its unique blessings.
It's a gentle nudge to open our hearts and minds to the opportunities and joys each day holds.
Let's embark on this journey of gratitude and mindfulness, embracing the gifts that await us.
Tech Updates
Tata Electronics begins chip export to partners
Tata Group’s Tata Electronics has begun exporting some semiconductor chips through a pilot packaging line that has been set up in its Bengaluru research and development unit to service partners based in Japan, the US and Europe.
KKR wins bidding war to acquire medical devices firm Healthium
US private equity firm KKR & Co. has agreed to acquire Bengaluru-headquartered Healthium Medtech Ltd from UK private equity firm Apax Partners for an undisclosed sum.
Apple is working on its own AI chip for data centers: Report
Apple Inc. has been developing a homegrown chip to run artificial intelligence tools in data centres, though it’s unclear if the semiconductor will ever be deployed, the Wall Street Journal reported.
Apple cofounder Wozniak's space startup Privateer buys Orbital Insight, raises $56.5 million
Apple cofounder Steve Wozniak's space data startup, Privateer, has raised $56.5 million and also acquired the analytics firm Orbital Insight, a merger that will add mapping and intelligence services to Privateer's space data offerings. Privateer was founded in 2021 to help satellite operators navigate in Earth's increasingly crowded orbit.
Funding Deals
Agritech startup Superplum has raised $15 million in its Series A financing round led by Erik Ragatz, former partner and current senior advisor of private equity firm Hellman & Friedman.
Foodtech startup Poshn has raised $4 million in its pre-Series A round, including $2 million in debt led by Prime Venture Partners and Zephyr Peacock India.
Fintech startup 50Fin has secured $550,000 in its latest funding round spearheaded by Arali Ventures and Nitin Gupta.
🎁 Short Story: Unwrapping the Day's Gifts
Sarah pondered Marcus Aurelius's words in a quiet park as she watched the sunrise.
With each ray of light, she felt a sense of wonder and gratitude for the new day ahead.
As she went about her day, she kept her heart open to the unexpected gifts that unfolded—a kind word from a stranger, a moment of laughter with a friend, and the beauty of nature all around.
Tweet of the day🐥
Let's approach each day with open hearts and minds, ready to receive the gifts it has to offer.
Thank you for joining us on this journey of discovery and appreciation.
Stay tuned for our next edition, where we will continue to explore the wisdom of the ages.
Feel free to share it with someone who could use a little inspiration. Let's pass on the good vibes and make someone's day!
Thanks for reading till the end!
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