Tech News

Top News Today: Indian IT Joins Semiconductors, Encentive secures €6.3M for expansion

India’s IT Firms Ramp Up Semiconductor Push Amid Government Support and Growing Global Chip Market

Written By : Anudeep Mahavadi
Reviewed By : Sankha Ghosh

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

What’s New Today: Top Indian IT companies are entering semiconductors, leveraging R&D strengths and partnerships to tap into India’s growing chip ecosystem.

Fast-Track Insights: Encentive raised €6.3M led by General Catalyst to expand its AI platform flexOn, cutting industrial energy costs and improving flexibility. 

Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the day's top tech stories, from Indian IT firms expanding into semiconductor design and manufacturing to the Best entry-level careers for 2025 graduates in the USA. 

India’s IT Giants Expand into Semiconductors

India’s top IT firms are venturing into electronics and semiconductors to diversify revenue and leverage R&D capabilities. Companies such as Wipro, Infosys, HCLTech, L&T, Cyient, and TCS are investing in chip design, manufacturing partnerships, and acquisitions to enhance their offerings. The Indian government’s push for a semiconductor ecosystem and rising global demand are accelerating these moves, aiming to position India as a key player in the global semiconductor value chain.

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Encentive Raises €6.3M to Cut Industrial Energy Costs

German AI startup encentive raised €6.3 million in a seed round led by General Catalyst to expand its AI-powered platform, flexOn. The technology directly controls industrial assets, such as refrigeration, heating, and batteries, in real-time, reducing energy costs by up to 20%. Encentive aims to scale internationally, optimize industrial batteries, and prepare for the electrification of heat, turning energy flexibility into a strategic advantage for industrial competitiveness.

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Top 10 Entry-Level Jobs for 2025 Graduates

WalletHub analyzed 108 entry-level jobs using metrics like salary, growth, and job hazards to identify the best opportunities for 2025 graduates. Hardware Engineer ranked first, followed by Certified Nursing Assistant and Engineer. Roles like Software Engineer, Electrical Engineer, and Operations Research Analyst also made the top 10. The findings highlight strong demand in STEM, healthcare, and safety roles, offering graduates competitive pay, job security, and room for career growth.

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Why AI Still Lacks Common Sense

AI has made rapid progress, but still struggles with common sense, the ability to reason flexibly, and applying knowledge contextually. Key challenges include reliance on data, a lack of contextual understanding, and a cognitive gap that prevents machines from engaging in intuitive reasoning. Researchers are exploring knowledge graphs, multimodal AI, and simulation learning to close this gap. Achieving human-like common sense remains one of AI’s biggest and most critical technological challenges.

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Coinbase Unveils Asset Listing Guide Amid Revenue Drop

Coinbase released a public guide detailing its free, merit-based digital asset listing process to boost transparency after fee-related allegations. The five-step review covers legal, compliance, and technical security checks, with expedited processing for supported networks. The move comes as Q2 revenue fell to $1.5 billion, missing expectations, and trading volumes dropped 45%. XRP contributed 13% of consumer revenue, while Coinbase explores new monetization strategies and convertible note offerings to offset declining income.

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