What’s New Today: Blue Cloud Softech partners with an Israeli firm in a $150M deal to co-develop Edge AI chips in India.
Fast-Track Insights: Kabilio secured €4M to expand its AI-driven accounting platform, automating repetitive tasks and helping firms boost accuracy, efficiency, and collaboration.
Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the day's top tech stories, from the $150M deal to develop Edge AI chips to CPWD announcing 8,500 vacancies in 2025.
Blue Cloud Softech Solutions Limited (BCSSL) has signed a USD 150 million agreement with an Israel-based semiconductor design firm to co-develop Edge AI chips in India. The five-year technology transfer deal includes shared revenue, IP rights, and hardware design transfer. The BCSSL is going to make the software stack for applications in the industrial and defense sectors, which will provide real-time intelligence, lower latency, and secure data processing for AIoT and automation sectors.
Barcelona-based startup Kabilio has secured €4 million in pre-seed funding led by Visionaries Club and Picus Capital, with an extra €200,000 from ENISA. Founded by José Ojeda and Álex Valls, Kabilio uses generative AI to automate repetitive accounting and tax tasks, boost accuracy, and simplify collaboration between firms and clients. The company wants to enhance its team, its exchange feature, and also wants to expand across Spain.
The Central Public Works Department (CPWD) is set to release over 8,500 vacancies for Accounts and Supervisor/Clerk roles in its 2025 drive. The Supervisor posts require a Graduate level, while the Clerk posts are open to the 12th-pass only. The permissible age range is 18 to 45 years. Even though an official notification has not been issued as yet, the article describes probable qualifications, salary ranges, selection procedure, and the steps to be taken once the advertisement is out.
The article describes the process through which anybody can make a custom GPT without the need for programming skills by using the AI platforms that provide guided steps. The article includes setting clear instructions, uploading files for specialized knowledge, testing for correctness, and publishing the GPT for personal or public use. Custom GPTs can perform repetitive tasks with automation, increase productivity, and generate the same quality output in different domains like education, business, and customer support. Besides, privacy and easy updates will still be a part of it.
Gemini, under the leadership of Tyler and Cameron Winklevoss, intends to introduce prediction market contracts following its application to the US Commodity Futures Trading Commission (CFTC) for permission to run a designated contract market. If approved, Gemini will compete with Kalshi and Polymarket in the growing prediction market space. The exchange, which raised $425 million in its IPO, aims to offer contracts tied to economic, political, financial, and sports events.