What’s New Today: OpenAI and Broadcom have introduced the Jalapeño AI chip, designed to make ChatGPT and future AI models faster, cheaper, and more power-efficient, with deployment planned for late 2026.
Fast-Track Insights: Indian fintech Progcap is preparing to raise $45 million to expand MSME lending, improve technology, and strengthen financial inclusion across underserved businesses.
Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the day's top tech stories, from OpenAI’s Jalapeño AI chip launch to the EU’s proposed MiCA crypto fine framework.
OpenAI and Broadcom have introduced Jalapeño, a new AI chip made to help large language models work faster and use less power. The chip is expected to reduce costs and improve AI performance. It is planned to launch in late 2026 and will support ChatGPT and other OpenAI tools.
Indian fintech company Progcap plans to raise $45 million to grow its business and offer more loans to small businesses across India. The new funding will help improve its technology, reach more shop owners and traders, and support women-led businesses while expanding financial services in underserved areas.
AWS CEO Matt Garman says AI will change how people work but will not replace the need for new employees. Amazon plans to hire 11,000 interns and fresh graduates in 2026. He believes young workers bring new ideas and can quickly learn new AI skills needed for future jobs.
Many companies are finding it difficult to hire people for important IT jobs in 2026. They need workers with AI, cybersecurity, cloud, and data skills, but there are not enough qualified candidates. To solve this problem, many businesses are training their current employees instead of hiring new ones.
The European Banking Authority (EBA) has shared a new plan to fine major crypto companies that break the EU’s MiCA crypto rules. The goal is to make sure all countries follow the same system, improve fairness, and encourage crypto firms to follow the new laws.