What’s New Today: Alibaba has unveiled its new Zhenwu V900 AI accelerator as it looks to expand its data center capacity. Belgian startup Spott has also raised $21 million to grow its AI-based recruitment platform.
Fast-Track Insights: An IIM Kozhikode graduate has reportedly made more than 250 job applications without receiving a callback. Claude also faced a major outage, while Bitcoin moved above its 50-week moving average as traders watched for signs of a new bull market.
Here’s a quick roundup of the biggest headlines making waves today. Let’s dive into the top stories, from AI chips and recruitment funding to job search struggles, AI service disruptions, and cryptocurrency markets.
Alibaba has introduced its Zhenwu V900 AI accelerator, which it says triples its predecessor’s performance. The company plans to deploy up to 500,000 chips in clusters and expand Alibaba Cloud’s data center capacity to 20GW by 2032.
Belgian startup Spott has raised $21 million in Series A funding, led by Balderton Capital, to expand its AI-native recruiting platform. Founded by former McKinsey, Bain and BCG consultants, Spott aims to reduce manual work and improve recruitment data management.
An IIM Kozhikode graduate with an engineering degree and work experience has made over 250 job applications without receiving a callback. Despite testing well on resume screening tools, the candidate continues seeking roles through applications, networking, and referrals.
Claude AI faced a widespread outage on September 22, affecting Claude, Claude Code, login access, APIs, and developer workflows. Downdetector recorded more than 1,600 reports before Anthropic restored service, but the specific technical cause remained undisclosed.
Bitcoin closed above its 50-week moving average for the first time in ten months, boosting hopes of a new bull market. Open interest also rose, while ETF inflows remained mixed and Ethereum and Solana gained.