Tech News

Top News Today: Alibaba AI Chip, Shastra VC’s $100M Fund

Alibaba launches its powerful Zhenwu M890 AI chip, while Shastra VC unveils a $100 million fund for AI and deep tech startups

Written By : Simran Mishra
Reviewed By : Sankha Ghosh

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

What’s New Today: Alibaba has launched its advanced Zhenwu M890 AI chip with three times better performance for heavy AI workloads.

Fast-Track Insights: Shastra VC has launched a $100 million fund to support AI, deep tech, defense, and clean energy startups.

Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the day's top tech stories, from Alibaba’s new AI chip launch to DBS expanding youth hiring programs.

Alibaba Launches New AI Chip

Alibaba has introduced a new AI chip called Zhenwu M890 to improve AI performance. The new chip is three times faster than the company’s older version and can handle large AI tasks more efficiently. Alibaba also launched a new AI model and server systems as China works to grow its own AI technology industry.

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Shastra VC Starts $100 Million Fund for AI and Deeptech Startups

Shastra VC has launched a new $100 million fund to support startups working in AI, deep tech, defense, and clean energy. The Bengaluru-based company will invest in early-stage startups with strong technology ideas. Earlier called Veda VC, the firm wants to help Indian startups build advanced technologies for global markets.

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Title: DBS Increases Hiring of Young Workers as AI Helps Them Learn Faster

DBS will hire more than 500 young people through internship and trainee programs in 2026. The bank says AI is helping fresh graduates learn quickly, work better, and handle important tasks earlier in their careers. DBS plans to hire around 1,600 young employees between 2024 and 2026.

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Title: How to Create Custom SEO Reports With Claude Code and Google Search Console

This article explains how Claude Code and Google Search Console can be used together to create easy SEO reports. It helps users track website traffic, check keyword performance, and find SEO problems faster. The guide also shows how AI can save time by automating reports and giving useful suggestions for better website rankings.

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Title: IG Europe Partners With Bitpanda to Grow Crypto Trading in Europe

IG Europe has teamed up with Bitpanda to offer more crypto trading services across Europe. Bitpanda will provide the technology and support needed for trading and market data. The partnership comes after IG launched crypto trading in the UK and shows rising interest in regulated crypto services in Europe.

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