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Top Tech News: Alibaba Bridging AI Gap, SatLeo Labs Raising Funds & More

Alibaba Unveils Third-Generation Qwen3 Family

Written By : Antara

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

What’s New Today: Alibaba’s cloud computing unit on has unveiled its much-anticipated Qwen3 family on Tuesday. 

Fast-Track Insights: A Space-tech startup SatLeo Labs has raised USD 3.3 million in its pre-seed funding round. 

Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the day's top tech stories, from Qwen3 third-generation revelation to Indian fresher job candidates getting more salaries than previous years. 

Alibaba's Qwen3 AI Models Narrow China-U.S. Tech Gap

Alibaba's Qwen3 AI model family, unveiled on April 30, 2025, comprises eight open-source models ranging from 600 million to 235 billion parameters. Analysts note that these models significantly close the technological gap between China and the U.S., despite U.S. semiconductor export restrictions. The Qwen ecosystem now surpasses Meta's Llama community as the world's largest open-source AI platform, highlighting China's growing competitiveness in AI development.

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Merak Ventures Leads $3.3M Investment in SatLeo Labs to Advance Thermal Imaging Technology

SatLeo Labs, an Indian space-tech startup, has secured $3.3 million in pre-seed funding led by Merak Ventures, with participation from Huddle Ventures, GVFL, Java Capital, IIMA Ventures, PointOne Capital, and angel investors Manish Gandhi and Dheer Baldua. The funds will be used to develop proprietary thermal imaging payloads, conduct feasibility studies, obtain regulatory approvals, expand the team, and initiate pilot testing. SatLeo Labs has already garnered over $25 million in Letters of Intent from potential clients and collaborates with ISRO and IN-SPACe.

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Indian Employers Value Micro-Credentials for Higher Starting Salaries​

A recent study highlights that 97% of Indian employers are inclined to offer higher starting salaries to candidates possessing micro-credentials. These short-term, specialized certifications are increasingly recognized as indicators of job readiness and practical skills. Employers believe that micro-credentials demonstrate a candidate's commitment to continuous learning and adaptability, essential traits in today's rapidly evolving job market. This trend underscores the growing importance of alternative education pathways in enhancing employability and meeting industry demand.

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Top 3 AI Stocks Poised for a Bull Run in 2025

The article highlights three AI companies—Broadcom, Micron Technology, and AMD—that are expected to surge in 2025 due to rising demand for AI technologies. Broadcom’s AI data center role has driven major revenue growth. Micron's memory chips power AI applications, with strong financials supporting its rise. AMD continues expanding its AI GPU and CPU offerings, marking significant increases in data center revenue and market competitiveness.

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Worldcoin Launches in US with Iris-Scanning and Crypto Incentives

Sam Altman’s Worldcoin has launched in the US, offering 16 WLD for iris scans and 150 WLD to early app users. The project, delayed by privacy concerns, uses 30-second iris scans to create unique IDs and prevent fraud. World integrates with Visa for crypto debit cards and partners with platforms like Stripe and Razer. Originally launched internationally, it now expands with orbs across major US cities and a portable “orb mini.”

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