Good morning, tech fam! Here are the latest technology updates to start your day.
What's New Today: Gaonchips has become part of Arm's Physical AI initiative, which backs chip development for robotics and self-driving cars.
Fast-Track Insights: AI startup RapidCanvas has raised close to USD 29 million in Series B funding to grow its AI agent platform for businesses.
Here is a quick look at today's top tech stories. They cover Physical AI chips, AI agent funding, graduate hiring, smart glasses privacy and US crypto rules.
Gaonchips is now part of Arm's Total Design for Physical AI initiative. It is the first South Korean semiconductor design solution provider to join the program. The tie-up will help companies build Arm-based chips for robotics, self-driving cars and other physical AI systems. It also aims to cut development risks and bring AI-powered hardware to market faster.
AI startup RapidCanvas has raised close to USD 29 million in Series B funding. The round was led by Vertex Ventures and Hitachi Ventures. The Austin-based company builds AI agents that help businesses create and run custom AI apps. The money will help the platform grow, as companies look for quicker ways to automate work and build AI tools.
Graduate hiring in the UK rose 4% in the 2025/26 hiring cycle. This follows an 8% fall the year before. The Institute of Student Employers report looked at 155 employers, over 1.7 million applications and 31,577 hires. Cases of AI misuse by candidates have also reached a record high. Many employers are now rethinking how they hire and assess people.
Meta has fixed a privacy bug in its Ray-Ban smart glasses. The bug made the glasses record conversations even when users had not turned on the AI assistant. Some users found audio recordings and transcripts they never expected, which raised worries about microphone controls. Meta has not shared what caused the bug or how many devices were hit. Users can check and delete their voice logs in the Meta AI app.
US Senator Angela Alsobrooks wants stronger ethics rules in crypto laws. She says officials should face real oversight for their actions. Her push brings up questions about political accountability and how digital assets are regulated. The debate shows the split over how the US should oversee crypto markets while handling conflicts of interest and keeping public trust.