Chinese AI chipmaker Enflame aims to raise $908 million after setting Shanghai IPO price

Enflame Technology, a prominent Chinese AI chip manufacturer, is set to raise over $900 million through its IPO in Shanghai. This initiative aligns with China’s ambition for technological independence following US export restrictions on chips. The firm intends to confront Nvidia’s stronghold in the AI chip sector, channeling the raised capital into sophisticated chip development…

Keep global outlook, stay rooted in our culture: Prez Murmu to NIFT grads

Asserting that fashion technology has immense potential to enhance India’s global footprint, President Droupadi Murmu on Monday urged students to seize this opportunity and maintain a global outlook while being firmly connected to Indian cultural roots. Addressing the combined convocation ceremony of 18 National Institute of Fashion Technology (NIFT) Campuses here, she said that today,…