Tech News

Qualcomm Snapdragon 8 Elite Gen 5 Unveiled, Nothing Raises $200M and More

Qualcomm confirms its next flagship chip Snapdragon 8 Elite Gen 5, while London-based startup Nothing secures $200M funding for AI expansion.

Written By : Simran Mishra
Reviewed By : Sankha Ghosh

Good morning, tech fam; here are some quick tech updates for you to catch up on!

What’s New Today:

Qualcomm has officially named its next-gen flagship processor Snapdragon 8 Elite Gen 5, set to debut at the Snapdragon Summit 2025.

Fast-Track Insights:

London-based tech company Nothing has raised $200 million at a $1.3 billion valuation, planning to expand AI across its products.

Here’s a quick rundown of the biggest tech headlines making waves today. Let’s dive into the top stories, from Qualcomm’s new chip to Nothing’s big funding round.

1.) Title: Qualcomm Unveils Name of Its Next Flagship Chip — Snapdragon 8 Elite Gen 5

Qualcomm has officially named its upcoming top-tier mobile processor Snapdragon 8 Elite Gen 5, set to succeed the Snapdragon 8 Elite. Leaks had previously suggested alternate names like “Elite 2” or “Gen 5,” but the company returned to its prior naming scheme. The new chipset is expected to be revealed during the Snapdragon Summit scheduled for September 2025. 

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2.) Title: Nothing Secures $200M Funding, Eyes AI-Driven Expansion

London-based tech company Nothing has raised $200 million in a funding round led by Tiger Global at a valuation of $1.3 billion. Founded in 2020 by Carl Pei, the company has shipped millions of devices and crossed $1 billion in total sales. It plans to integrate AI across smartphones, audio products, and smartwatches, eventually expanding into smart glasses, EVs, and robots — under its own operating system.

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3.) Title: McKinsey’s 2026 Hiring Push: Fresh Graduates Still Valued Amidst AI

McKinsey plans to increase its North America workforce by 12% in 2026 and forecasts 15-20% growth over the next five years, signalling strong confidence in entry-level talent despite AI-driven industry shifts. The consulting firm emphasizes human judgment, tech fluency, and campus recruitment, viewing AI as a tool for augmentation rather than replacement.

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4.) Title: Glamour vs. Guardrails: The Gemini AI Saree Trend and Your Photo Safety

The Gemini AI saree trend, powered by Google Gemini’s Nano Banana, has taken Instagram by storm by transforming simple selfies into vintage Bollywood-style portraits with dramatic sarees, soft lighting, and cinematic backgrounds. Though visually striking, experts warn that this AI can introduce unwanted changes, like adding features not in the original photo. Google’s invisible SynthID watermarks and metadata tags attempt to label AI-created images, but their visibility and reliability are limited. To stay safe: avoid sharing very private images, check privacy settings, remove device/location metadata, keep originals, and use only official apps.

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5.) Title: Next Technology Considers $500M Stock Sale to Expand Bitcoin Holdings

\Next Technology Holding, China’s largest firm holding Bitcoin as a corporate treasury asset, is planning to sell up to $500 million in common stock. The net proceeds will be used for general corporate purposes, including acquiring more Bitcoin. The company currently holds approximately 5,833 BTC (~$671.8 million), making it the 15th largest corporate Bitcoin treasury.

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