As manufacturers across industries strive to reduce their reliance on Chinese suppliers, Indian startup Scimplify has raised $25 million to expand its AI-powered approach to producing specialty chemicals and critical materials, with semiconductors, defense and energy emerging as key growth markets. The all-equity strategic round was led by Hitachi Ventures, with customers Henkel and Teknor…
Provide chain startup Atomic got here out of stealth final yr with founders who promised to make use of their expertise at Tesla to streamline stock and enhance clients’ backside traces. At its core, Atomic decides how a lot stock an organization ought to have, and the place, by simulating eventualities, then recommending, and even…
Because the generative AI increase drives steep demand for {hardware} parts, Apple and different {hardware} makers are going through what outgoing CEO Tim Prepare dinner calls “a hundred-year flood [on] reminiscence pricing,” which is severely impacting the price of producing iPhones, MacBooks, and different units. Apple described its latest earnings report as its “strongest June…
