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What’s New Today: India plans a Rs. 1 trillion semiconductor fund to support chip design, manufacturing equipment, and supply chains while attracting global chipmakers.
Fast-Track Insights: Mind Robotics secured $500M Series A funding from Accel and Andreessen Horowitz to develop AI robots for complex manufacturing tasks.
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 Plans Rs. 1 Trillion Fund for Chipmaking to Tech Mahindra Onboarding Delay Leaves Freshers Waiting.
India is preparing to launch a more than Rs. 1 trillion fund to strengthen domestic semiconductor manufacturing and support chip design, equipment, and supply chains. The initiative is expected to be introduced within a few months and builds on earlier incentive programs that attracted companies like Micron Technology and Tata Group. The move aims to expand the country’s chip ecosystem and develop stronger semiconductor capabilities by 2032.
Mind Robotics has announced a $500 million Series A funding round to develop AI-powered factory robots designed for complex industrial tasks. The Palo Alto startup, founded by RJ Scaringe, focuses on robots that can handle work requiring dexterity and adaptability in real manufacturing environments. The round is co-led by Accel and Andreessen Horowitz, with support from manufacturing insights and data through its partnership with Rivian.
Tech Mahindra has delayed onboarding for more than 1,000 engineering graduates from the 2025 batch who completed recruitment earlier this year. Many candidates cleared tests and interviews but are still waiting for offer letters and joining dates. The company says onboarding is happening gradually based on business demand, as it slows hiring to improve margins and use existing staff, leaving several freshers uncertain about their employment plans.
PyTorch remains an essential framework throughout 2026 for developing artificial intelligence and deep learning models. The article shows multiple online courses that teach students essential concepts and provide them with hands-on learning opportunities. The DeepLearning.AI platform, IBM, Udacity, and Udemy programs teach AI development skills through their courses on neural networks and transformers, and deployment and actual industry projects.
The U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission have signed a memorandum of understanding to coordinate oversight of digital assets, ending years of regulatory conflict. The agreement establishes common crypto-asset classifications, which will enable agencies to perform coordinated enforcement activities and conduct joint examinations, while creating a platform to standardize the operations of companies. The initiative aims to decrease compliance confusion for crypto companies while establishing shared policy decisions and supervisory data exchange between both agencies.
