Taiwan flexes chip diplomacy muscles as it faces pressure to share AI wealth with allies

Home to companies like TSMC whose chips power AI applications, diplomatically isolated Taiwan has long sought to leverage its tech prowess to garner international support, something Beijing routinely seeks to block saying the island is merely one of its provinces.

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Festive carts to get heavier; Pixxel’s $100 million fresh fuel

Happy Monday! Online festive shopping is set to hit a new high this year. This and more in today’s ETtech Morning Dispatch.

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India set to pitch tech synergy for cementing BRICS

India is keen to complete three major multilateral projects under its chairmanship of the 11-country bloc. The global research advanced infrastructure network (GRAIN) initiative will offer researchers from member states federated, or shared, access to high-performance computing systems and supercomputers, an official said.

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Piper Serica eyes Rs 180-220 crore deployment across four-six deeptech startups this fiscal

The investment firm's new Bharat Tech Fund, a Category II AIF, targeting a corpus of Rs 600 crore, alongside a greenshoe option of Rs 200 crore, has already raised about Rs 400 crore and evaluated around 30-35 startups in the hunt for the next investment, Modi told PTI.

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IPO-bound Rentomojo pins growth on 'hard-to-copy' supply chain moat

Rentomojo’s moat lies in its complex rental model, which combines subscriptions, asset ownership, logistics, collections and refurbishment. With 2.5 lakh active subscribers and strong repeat business, the company is scaling ahead of its Rs 1,255.6 crore IPO, backed by improving profitability and access to credit.

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US, China gear up for mid-September AI safety talks

The ​talks, the first official bilateral discussions devoted exclusively to AI between the US and China ​since US President Donald Trump took office for a second time, will be led by US Treasury Secretary Scott Bessent on the US side, the sources, who were briefed ​on the planning, said on condition of anonymity.

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Smart ring maker Oura reveals revenue surge in US IPO filing

The IPO market is ‌expected to ⁠pick up ⁠steam after a summer lull. Analysts expect issuers to target the ​post-Labor Day window to get ahead of any uncertainty around November's midterm elections. Oura, ​whose journey began more than a decade ago in Oulu, Finland, makes a smart ring that tracks key ​health indicators such as heart rate, sleep ⁠stages and ‌physical activity.

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Data at law firms Quinn Emanuel, McDermott exposed in cyber breaches

It was not clear who was responsible for the two breaches or whether they were related. Large law firms' extensive holdings of confidential business and personal data have made them attractive targets for cybercriminals.

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Sugar’s valuation slump; Slice takes a hit

Happy Friday! A91 Partners is backing Sugar Cosmetics in a round that will see the beauty brand’s valuation fall sharply. This and more in today’s ETtech Morning Dispatch.

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Uber layoffs impact India; RMG ban, a year on

Happy Thursday! Uber is cutting jobs in India as part of a sweeping global restructuring. This and more in today’s ETtech Morning Dispatch.

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Adobe acquires PeakXV-backed AI startup Rilo to expand marketing automation

Rilo cofounder Dhruv Jaglan announced the acquisition in a LinkedIn post, saying the startup would join Adobe to “help bring AI to Fortune 500 marketers”. Financial details of the transaction were not disclosed.

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