Techmeme: US tech companies are racing to establish more and bigger offshore campuses in India, fully staffed with highly skilled professionals in cities like Bengaluru (New York Times)

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US tech companies are racing to establish more and bigger offshore campuses in India, fully staffed with highly skilled professionals in cities like Bengaluru — An abundance of motivated young professionals is luring American businesses to base their global operations in Indian cities.

X: @behroozparhami, @harinyt, @toiplus, @_ryanwinkler, @mujmash, @milanv, and @arnabnsg

LinkedIn: Kaitlin McCartan, Hari Kumar, and Sandeep Payal

Manish Singh / India Dispatch:

Bernstein: AI could erode India's $350B services export sector as AI replaces entry-level engineers at “higher precision and speed” at a fraction of the cost

Financial Times:

Marketing executives say big brands are allocating small amounts of their ad budget to X, seeking to avoid being perceived as boycotting Elon Musk's platform — Marketers want to avoid being seen as boycotting billionaire's social media platform — Big brands are allocating small amounts …

Bluesky: @eicathomefinn and @librariancapital

Sharon Goldman / Fortune:

Dyna Robotics, which is building AI-powered robots to help businesses automate repetitive tasks like chopping food, emerged from stealth with a $23.5M seed — When Instacart acquired Lindon Gao's self-checkout shopping startup, Caper AI, for $350 million in 2021, it marked a big win …

More: Dyna Robotics. X: @jasonma2020, @kristacanfield, and @sharongoldman

LinkedIn: Brian Zhan, Bill Trenchard, and Lindon Gao

Wency Chen / South China Morning Post:

Chinese chip equipment manufacturer SiCarrier debuted ~30 “domestically controllable” products at the Semicon China show, as China pushes for chip self-reliance — The equipment start-up kept a low profile until this week, when it unveiled about 30 new products at the Semicon China show

Bluesky: @kentindell

Bloomberg:

How Klarna's Walmart deal ahead of its IPO put long-simmering tensions between Klarna CEO Sebastian Siemiatkowski and Affirm CEO Max Levchin on public display — Even by Sebastian Siemiatkowski's standards, it's been a wild month. — The chief executive officer of buy now …

More: Affirm Holdings, Inc.

Steven Sinofsky / Hardcore Software:

A look at the new, open-source Model Context Protocol for connecting LLMs to data sources and why its success depends on overcoming middleware challenges — There's a long history of “middleware” in our industry. Everyone wants it. There's always a hot one, but it rarely makes to the finish line and often disappoints.

X: @stevesi and @stevesi

Taylor Telford / Washington Post:

How AI tools are causing problems and sowing distrust in both job hunting and hiring; a Polish cybersecurity startup says it almost hired a deepfake candidate — The proliferation of artificial intelligence tools and overreliance on software such as ChatGPT is making the job market increasingly surreal.

More: Digital Music News and Inc

LinkedIn: Kari Naimon, Katy Imhoff, and Cathleen Quade

Alex Riehl / BetaKit:

Waterloo, Ontario-based logistics software company Descartes Systems Group acquires 3Gtms, an Ohio-based transportation software vendor, for $115M in cash — Waterloo, Ont.-based multinational and logistics software company Descartes Systems Group has acquired Columbus, Ohio-based 3Gtms …

More: FreightWaves, Descartes, and FinSMEs

Emma Beavins / Fierce Healthcare:

NYC-based Navina, which has developed an AI copilot for clinicians, raised a $55M Series C led by Goldman Sachs Alternatives, taking its total funding to $100M — Artificial Intelligence KLAS Research Goldman Sachs funding round — Clinician AI assistant company Navina has raised …

More: Navina, Modern Healthcare, CTech, MobiHealthNews, MedCity News, FinSMEs, HIT Consultant, Tech in Asia, and Business Insider

Christopher Mims / Wall Street Journal:

A look at drone delivery startup Zipline, which has raised $500M+, made 1.4M+ deliveries in seven countries, and delivers packages for Walmart in two US cities — Soon your burrito bowl could arrive via the sky. Zipline's drones make deliveries by lowering small coolers on 300-foot cables.

LinkedIn: Costa Samaras, Danielle Meister Lurie, and Christopher Mims

Ryan Gould / Bloomberg:

PE firm Clearlake agrees to acquire and take private Dun & Bradstreet, one of Wall Street's oldest data and analytics providers, for $7.7B including debt — The private equity firm will pay $9.15 per share in cash for Jacksonville, Florida-based Dun & Bradstreet, according to a statement Monday …

More: Wall Street Journal, Reuters, and Dun & Bradstreet

Richard Rubin / Wall Street Journal:

Uber and DoorDash are pressing GOP lawmakers to include independent contractors who drive rideshare vehicles and deliver food in Trump's no-tax-on-tips proposal — GOP proposal offers tax breaks to employees—but not independent contractors such as ride-share drivers

Bluesky: @kevinkleinpdx. LinkedIn: Max Rettig

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