SiMa.ai, the machine learning company enabling high-performance compute at the lowest power for embedded edge applications, announced a new design center in Bengaluru, India. Also, the company announced the appointments of Amit Kumar Mitra as Head of Software Development, and Sudershan R. Vuruputoor as Head of Hardware Development. The investment in the new site will bolster…
IKEA, the Swedish furniture retail chain, said it will open a new global office from the Karle Special Economic Zone in Bengaluru, according to a Mint report. “The availability of a large talent pool in India is one of the key reasons behind selecting the global office. The office will operate from the Karle Special…
M12, Microsoft’s venture fund that empowers B2B entrepreneurs through investments, insight, and unparalleled access to Microsoft, announced that it has set up an office in Bengaluru that will bolster efforts in pursuing investment opportunities, according to an ETtech report. M12 is based in San Francisco, Seattle, London, and Tel Aviv. The local office will pursue…
Tech giant Intel recently confirmed that one of its employees based in Bengaluru has “potentially been exposed” to the novel coronavirus and is currently under quarantine. As the death toll due to the virus crossed the 3,000 mark, corporations around the globe have begun to take preventive measures to safeguard their employees’ health. The company…
Silicon Valley Bank, a subsidiary of SVB Financial Group, is planning to hire over 200 people for its newly opened Bengaluru Office. The company has started hiring engineers, systems architects, data analysts, product design, development and support for core functional areas of SVB’s business. As per ET, Daniel Beck, Chief Finance Officer, Silicon Valley Bank,…