Good morning, tech fam; here are some quick tech updates for you to catch on to!
What’s New Today: India is set to launch its first domestically packaged semiconductor chip by July 2025, marking a major milestone in its semiconductor ambitions.
Fast-Track Insights: French startup Fairmat has raised €51.5M to expand its automated carbon fiber recycling facilities and accelerate global growth.
Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the day's top tech stories, from India's first semiconductor breakthrough to Fairmat’s funding success.
India is set to launch its first domestically packaged semiconductor chip by July 2025. This milestone is part of the Semicon India program, which aims to establish a robust semiconductor and display manufacturing ecosystem in the country. The initiative includes significant grants for research and development, such as the allocation of funds to the Indian Institute of Science (IISc) for gallium nitride (GaN) technology research. Additionally, the India AI Mission portal is set to launch, providing stakeholders with access to high-performance computing resources.
French startup Fairmat has raised €51.5 million to enhance its carbon fiber recycling technology. This funding will support the expansion of its automated recycling facilities and international growth. Fairmat's innovative approach aims to sustainably repurpose carbon fiber composites, significantly reducing waste and promoting circular economy practices across industries.
On Bewakoof's 13th anniversary, IITian CEO Prabhkiran Singh reminisced about the company’s humble beginnings in a small Mumbai slum office without air conditioning. Overcoming initial hardships, they expanded to a better-equipped space. Singh now dedicates April 1st annually as a day to pause and appreciate their journey and progress.
With the growing excitement around Studio Ghibli, AI-powered anime image generators are gaining attention. These tools allow users to create stunning anime-style visuals effortlessly. From detailed character designs to dreamy landscapes, they bring artistic visions to life. As AI advances, these generators are making anime-inspired creativity more accessible, catering to both casual fans and digital artists.
President Donald Trump has signed an executive order establishing a strategic bitcoin reserve, utilizing approximately 200,000 bitcoins seized in various proceedings. This "digital Fort Knox" aims to bolster U.S. financial innovation. The order mandates federal agencies to audit and report their crypto holdings directly to the Treasury Department, enhancing transparency and oversight in the government's digital asset management.