What’s New Today: Chinese AI chips improve, with some surpassing Nvidia’s H20, but none match the H200 or Nvidia’s software ecosystem.
Fast-Track Insights: Berlin’s FION Energy raised €1.4M to scale its AI-powered battery systems, helping factories reduce electricity costs and manage energy more efficiently.
Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the day's top tech stories, from Chinese AI chips' progress, though still behind Nvidia systems, to SBI announcing hiring for wealth roles across major cities.
China’s AI chipmakers are trying to close the gap with Nvidia, but H200 still holds a clear lead. Huawei’s Ascend 910C comes closest, though it trails in processing power and memory bandwidth. Some Chinese chips outperform Nvidia’s older H20, but developers hesitate to switch due to Nvidia’s dominant CUDA ecosystem. Huawei’s upcoming roadmap shows promise, especially with future chips boosting interconnect bandwidth, but Nvidia’s latest Blackwell hardware remains far ahead.
Europe’s factories are battling high electricity costs, and Berlin-based startup FION Energy wants to ease that pressure. The company has secured €1.4 million to expand its plug-and-play battery storage systems, which use AI to cut peak loads and lower grid fees.
FION handles everything from site analysis to installation and daily operation, helping factories save up to 50% on power. With new funding, it plans to scale across Germany and the EU.
State Bank of India has announced a major hiring push, opening 996 specialist posts in its wealth management division. The positions include Role Managers and Customer Relationship Executives in the key cities of Mumbai, Bengaluru, Chennai, and Delhi.
These fixed-term positions are targeted at serving affluent clients, providing consultations on investing and insurance, and generating portfolio income. As long as the applicants possess the necessary qualifications and experience, they may submit their applications online until December 23.
Gemini and ChatGPT, two leading AI systems in 2025, excel in different areas. Gemini is brilliant in the area of multimodality, dealing with video, images, and intricate visual data, particularly in Google’s ecosystem. In contrast, ChatGPT is a leader in personalization via plugins and integration of external tools, which makes it very suitable for coding, data analysis, and professional workflow.
The decision of selecting one of the two is based on task type, current tooling, compatibility with the ecosystem, and the workflow's requirements. Both solutions stay at the forefront of technology for AI's modern needs.
Binance founder Changpeng Zhao warned that co-CEO Yi He’s WeChat account was hacked to promote the meme coin MUBARA. Attackers used the compromised account to drive FOMO, causing a sudden surge in price and volume on decentralized exchanges. Early purchases by new wallets were sold into the rally, netting roughly $55,000. Zhao urged users to stay cautious with social media accounts, highlighting ongoing security risks.