Silicon Valley Start-up

AICTE, apna.co conclude youth empowering Silicon Valley Immersion Programme

Jobs and professional networking platform apna.co in partnership with the All India Council for Technical Education (AICTE) has concluded the Silicon Valley Immersion Programme, which enables Indian youth to connect with global technology leaders. This programme is designed to connect Indian youth with global tech giants and equip them with the skills needed to seize international opportunities, foster creativity, and enhance problem-solving abilities for a future-ready India, according to a release. The Silicon Valley Immersion Programme (SVIP), a national competition aimed at nurturing creativity and problem-solving skills, has culminated with Teena Chhatria, Aradhya Pitlawar, Kabir Arora, and Chaitanya Sai Krishna as its distinguished winners, it added. These talented individuals, hailing from institutions such as XLRI Jamshedpur, WCE Sangli, and PEC Chandigarh, have earned a fully-funded trip to Silicon Valley in the US. "This initiative, developed in collaboration with apna.co

Tensions rise in US-based Silicon Valley over sales of startup stocks

The market for shares of startups like SpaceX and Stripe is projected to reach a record $64 bn this year

Silicon Valley super excited about India, says TiE president Anita Manwani

Silicon Valley is super excited about India, whose leadership has shown a commitment towards entrepreneurship, Anita Manwani, TiE president has said. The Indus Entrepreneurs (TiE) Silicon Valley is a nonprofit organisation in the US devoted to entrepreneurs in various industries. I am super excited and I think Silicon Valley is super excited because we have at the helm of India's leadership a clear commitment to one entrepreneurship to open business with initiatives like the GIFT city, with initiatives that are making investments and repatriation of funds back to the United States, I would say a little easier than what it was before, Manwani told PTI in an interview. So, these are all initiatives that are truly going to enhance the increasing activity in the corridor with India. This is India's decade, and it's India's decade to lose because India is poised for winning innings here. We are all rooting for the leadership, Manwani said in response to a question. A seasoned corporate

Silicon Valley startups had their worst funding year since 2019, shows data

Over the last 12 months, investors poured money into artificial intelligence startups, but the rest of the industry foundered.

US lawmakers write to USCIS on immigrants impacted by tech layoffs

Expressing concern over large-scale layoffs in the tech industry, a group of lawmakers from the Silicon Valley have written to the US Citizenship and Immigration Services to ensure high-skilled immigrants can remain in the country even after losing their jobs. This group of immigrants possesses skills that are highly valuable in today's knowledge-based economy and "forcing them to leave the US is harmful to our nation's long-term economic competitiveness", they said in their letter to USCIS Director Ur Jaddou. The letter has been sent by Congressmen Zoe Lofgren, Ro Khanna, Jimmy Panetta and Kevin Mullin. Lofgren has been a former Chair of the House Subcommittee on Immigration and Citizenship. "This issue is of great importance to our constituents because layoffs in the tech sector have accelerated in recent months. The number of tech jobs lost since the beginning of 2023 has already surpassed the total number of layoffs in 2022," the letter said It also requests that the USCIS rele

Where will startups turn to now that the Silicon Valley Bank is gone?

Silicon Valley Bank became the financier to tech stars by offering an array of products tailored to their needs, that few other institutions dared

Here's how Silicon Valley Bank served the tech industry and beyond

Conceived over a poker game between two of its founders nearly 40 years ago, the firm grew into the single most critical financial institution for the nascent tech scene

SVB collapse: Union Minister to meet startups to see how govt can help

As the collapse of Silicon Valley Bank (SVB) in the US left the Indian startup ecosystem worried, Union Minister of State for Electronics and IT, Rajeev Chandrasekhar

Silicon Valley Bank rocks California as founders join Napa vintners in fear

From wealthy founders to Napa vineyard owners, clients were scrambling to secure funds or find out basic information about what would happen to their deposits

SVB chief Greg Becker sold $3.6 mn in stock days before bank's failure

The sale of 12,451 shares on Feb. 27 was the first time in more than a year that Becker had sold shares in parent company SVB Financial Group, according to regulatory filings

Jio acquires 25% stake in deep-tech startup Two Platforms for $15 mn

Two Platforms is an artificial reality company with focus on building interactive and immersional AI experiences

Silicon Valley's unicorn elite create wealth like never before

The rise of unicorns-the once-rare class of private companies valued at more than $1 billion-means their founders have huge stakes worth astonishing amounts

In warehouses of the future, robots do the walking

A Silicon Valley start-up thinks robots can speed up delivery