Cyient acquires 27% stake in US-based Azimuth AI to boost semiconductor capabilities

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Cyient has acquired a 27.3% stake in US-based Azimuth AI, enhancing its semiconductor capabilities focused on intelligent energy and power solutions.

This strategic move aims to drive innovation, especially in India, positioning it as a hub for chip development aligned with government initiatives.

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Article Details

Author / Journalist: Swati Bharadwaj

Category: EconomyBusiness

Markets: India

Topics: Semiconductor Energy solutions Business news Stake acquisition Azimuth AI Cyient ASIC

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-28 @ 15:29:27 (3 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 418 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23281543

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 8 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 7 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Publisher ID: #28

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