.png){kind=logo}
Semiconductors, Formula 1 engineering, climate fintech, cryptocurrency, and artificial intelligence are among the key developments in today's headlines. India is planning another chip fabrication plant, McLaren has opened applications for its 2027 programs, while Anthropic is expanding its AI computing capacity through a major cloud deal.
India is targeting a second commercial semiconductor fabrication plant by 2031 with an investment of at least USD 2 billion. McLaren Racing has opened applications for its 2027 engineering internship and graduate programs. Climate fintech Cloover has secured a USD 100 million credit facility, while Robinhood Chain has recorded USD 989 million in single-day DEX volume. Anthropic has also reportedly signed a USD 35 billion cloud computing deal with Lambda.
India is stepping up efforts to build domestic semiconductor manufacturing capacity. McLaren is offering engineering opportunities across several Formula 1 disciplines, while Cloover is expanding after crossing a USD 350 million revenue run rate. Robinhood Chain has seen a sharp rise in trading activity, and Anthropic is securing more computing infrastructure as demand for its AI models grows.
India plans to establish its second commercial semiconductor fabrication plant by 2031 under the Semicon 2.0 program. The government has allocated Rs. 1.28 trillion to expand domestic chip manufacturing and attract new investment. The plan aligns with Tata's semiconductor projects and aims to strengthen India's position in the global chip supply chain.
McLaren Racing has opened applications for its 2027 Formula 1 engineering internship and graduate programs at its Woking headquarters in the UK. The roles cover areas including aerodynamics, design, performance and racing. The 13-month internship is scheduled to begin in July, while the two-year graduate program will start in September.
Berlin-based climate fintech Cloover has secured a USD 100 million credit facility after reaching profitability and exceeding a USD 350 million revenue run rate. The latest financing takes its total funding capacity above USD 1.3 billion. Founded three years ago, the company is also developing an AI-native neo-utility while expanding its climate technology and financing platform.
Robinhood Chain has recorded USD 989 million in decentralized exchange transactions in a single day, setting a new high for the network. Its total value locked has also risen to USD 708 million, nearly doubling over the previous month. The figures indicate increased trading activity and liquidity across the blockchain's decentralized finance ecosystem.
Anthropic has reportedly signed a USD 35 billion cloud computing agreement with Nvidia-backed Lambda as it expands the infrastructure supporting its AI operations. The deal includes computing capacity at a Texas data center. The agreement comes as demand for Anthropic's Claude AI models increases, with the company also pursuing major computing partnerships with other infrastructure providers.
