From Google's latest AI chip push to fresh startup funding and crypto security concerns, here's a quick look at the stories making headlines across the tech world.
Google is expanding its AI chip business as Nvidia faces controversy. Meanwhile, Light Frame has raised $5.1 million, crypto hackers are reportedly using memecoins to move stolen funds, Itochu remains a top choice for Japanese graduates, and Adobe and Disney are teaming up on AI.
Tech Chips: Google steps up its AI chip ambitions.
Tech Funding: Light Frame raises $5.1 million in seed funding.
Crypto: Hackers reportedly use memecoins to launder stolen funds.
Graduate Hiring: Itochu tops Japan's graduate jobs ranking again.
AI: Adobe and Disney join hands on custom AI models.
A Quick Rundown: Today's stories cover fresh developments in AI, funding, crypto and hiring, offering a glimpse into the trends shaping the tech industry.
Google is strengthening its position in the AI chip market with expanded offerings, as Nvidia faces growing scrutiny over an alleged spying scandal. The move highlights Google's efforts to challenge Nvidia's dominance and meet rising demand for AI computing power.
AI startup Light Frame has raised USD 5.1 million in seed funding to modernise wealth management infrastructure. The company aims to replace ageing core banking systems with AI-powered technology, addressing long-standing inefficiencies in financial services and making wealth management operations more streamlined.
Hackers linked to a Binance-related crypto theft reportedly created memecoins to move and disguise stolen digital assets. The incident highlights how criminals can exploit the largely speculative memecoin market to complicate fund tracking and raise fresh concerns about cryptocurrency security.
Japanese trading giant Itochu has once again secured the top spot in a jobs ranking based on the preferences of prospective graduates. The result reflects the company's strong appeal among young jobseekers as competition for talented graduates continues across Japan's corporate sector.
Adobe and Disney are joining forces to introduce customised AI models for media operations. The partnership aims to bring AI deeper into creative and production workflows, potentially helping teams manage content more efficiently while exploring new ways to use artificial intelligence across the entertainment industry.