- Published on August 29, 2025
- In Deep Tech
Physical AI is the New Bet as Semiconductors Become the New Oil
After being acquired by GlobalFoundries, MIPS aims to target application-specific computing in robotics, autonomy, and more.
Image by Nalini Nirad
- By Sanjana Gupta
India’s semiconductor ecosystem witnessed rapid growth over the past decade, aided by ample funding and government support for innovation. Taking its initiative a step further, the Union cabinet, in July, approved the Research, Development, and Innovation (RDI) scheme, which aims to scale up private sector participation in research and innovation across strategic and emerging domains.
The scheme, backed by a ₹1 lakh crore corpus, is poised to offer long-term financing or refinancing at low or nil interest rates. It is in these circumstances that MIPS, a leading supplier of AI and processor IP headquartered in the US, is staking its future in physical AI.
Physical AI, also known as ‘generative physical AI,’ enables autonomous systems to perceive, understand, and perform
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Sanjana Gupta
An information designer by training, Sanjana likes to delve into deep tech and enjoys learning about quantum, space, robotics and chips that build up our world. Outside of work, she likes to spend her time with books, especially those that explore the absurd.
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