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What’s New Today: IIT Bhubaneswar, MOSart Labs Introduce Chip Design Program
Fast-Track Insights: AI Firm Thesys Raises $4M from Together Fund for Growth
Here’s a quick rundown of the biggest tech headlines making waves today. From the IIT Bhubaneswar, MOSart Labs IIT Bhubaneswar, MOSart Labs to BCS Recruitment 2024, let’s dive into the top tech stories of the day.
IIT Bhubaneswar, in partnership with MOSart Labs, has launched a Professional Diploma Program in Semiconductor Technology and Chip Design. This innovative program aims to make students industry-ready in various areas of VLSI, including semiconductor technology, analogue and digital design, verification, and testing. The collaboration was formalized with an MoU signed on November 5, 2024, by Prof. Dinakar Pasla from IIT and Rajesh Gupta, CEO of MOSart Labs.
AI software platform Thesys has raised $4 million in seed funding led by Together Fund, with additional support from 8vc, to boost its R&D, AI engineering, and go-to-market strategies. Founded in 2024 by Rabi Shanker Guha and Parikshit Deshmukh, Thesys simplifies AI agent creation, providing tools for design, visualization, and prototyping. Currently collaborating with 12 companies, Thesys aims to launch its product widely next quarter. Together Fund’s Manav Garg emphasised the importance of intuitive interfaces for AI’s future, noting Thesys’s focus on Generative UI. AI agents are increasingly popular in India, transforming industries from finance to healthcare.
The Central Bank of India has announced recruitment for the post of Business Correspondent Supervisor (BCS) on a contractual basis for 2024-25. Eligible retired bank officers (up to Senior Manager level) and young candidates with a bachelor’s degree and computer proficiency can apply. Retired applicants must have a minimum of three years of rural banking experience, and the maximum age for retired candidates is 64, while young candidates should be between 21 and 45 years old. The contract lasts 12 months, with interviews determining final selection. Completed applications should be sent via the specified address; incomplete submissions won’t be accepted.
Samsung has introduced its next-generation virtual assistant, Bixby in China. The AI-powered assistant is now even more intuitive and responsive to the users. Bixby will come pre-installed on the newly launched Samsung Galaxy W25 series flip phones.
AI Advanced Capabilities and Features The next-gen Bixby can now receive even intricate commands issued in natural language. For example, the question "How to get there?" will be taken into consideration and Bixby will provide directions to the default location of a user, like the workplace.
WazirX has proposed launching a decentralized exchange and a recovery token to aid investors awaiting access to locked crypto assets. This initiative aims to provide greater control to users and potentially help them recover some of the funds currently inaccessible due to platform-related issues. The decentralized exchange would allow peer-to-peer trading without reliance on a central authority, enhancing transparency and security for users. The recovery token could serve as a mechanism for investors to redeem locked assets gradually, offering a potential solution as WazirX works toward restoring investor confidence and addressing liquidity challenges.
