US chipmaker Microchip acquires Israeli AI firm Hailo

Hailo, founded in 2017, raised about US$340 million and was once valued over US$1 billion.

Hailo, founded in 2017, raised about US$340 million and was once valued over US$1 billion.
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Alphabet investors have very publicly worried that the company’s massive AI spending isn’t worth the money. With the company’s latest earnings report, those investors should be able to relax a little. The takeaway: Google’s cloud business — driven largely by enterprise AI adoption — is booming. The search giant saw Google Cloud revenue spike 82%…
Mumbai-based skincare startup LNGVTY has raised ₹5 crore in a seed funding round led by Rukam Capital, as it looks to strengthen its presence in India’s rapidly growing beauty and personal care market. The fresh capital will be used to accelerate the brand’s direct-to-consumer (D2C) growth by scaling marketing and customer acquisition efforts. LNGVTY also…
Made something fun today 🙂 I have a Halonix smart bulb in my room and last night I wired it into Claude Code hooks. Amber when a tool runs, blue when it finishes. Idle is a dim green. When Claude gets stuck waiting for my approval, the bulb pulses red until I come back. The…
Private investment in India’s space sector has crossed $618.5 million, with the government issuing 105 authorisations to non-government entities (NGEs) as reforms drive greater private participation in the industry, Space, Science and Technology Minister Jitendra Singh informed the Rajya Sabha on Thursday. Replying to an unstarred question, Singh said private funding has…
Across 107 enterprises, AI infrastructure spending is accelerating well ahead of the ability to see or steer its economics. Most organizations run their AI on a familiar base of hyperscalers and model-provider APIs, yet the next dollar is aimed at specialized compute almost none of them use today; a majority intend to switch or add…