Good morning, tech fam; here are some quick tech updates for you to catch up on!
What’s New Today: Huawei’s AI chip, Ascend 910D enters the race to rival Nvidia’s H100 and is set for testing with Chinese tech firms.
Fast-Track Insights: London startup Arda Biomaterials raised $5.25 million to turn beer industry waste into eco-friendly leather for fashion and cars.
Here’s a quick rundown of the biggest tech headlines making waves today. Let’s dive into the day’s top tech stories, from Huawei’s AI chip challenge to Arda’s green innovation.
Huawei is developing its latest AI chip, the Ascend 910D, aiming to compete with Nvidia's high-end products, especially the H100. The company plans to begin testing the chip with Chinese tech firms and expects to ship it to customers soon. This move comes after the U.S. restricted Huawei's access to advanced Nvidia chips, which are crucial for AI model training.
Arda Biomaterials, a London-based startup, secured $5.25 million to convert beer industry waste into an eco-friendly leather alternative. This innovative process reduces environmental waste while creating sustainable materials for fashion and automotive industries. The funding will support Arda's mission to scale operations and further develop its sustainable product offerings.
In Q1 2025, job applications in India surged, with women and freshers driving the growth. Flexible work, inclusive hiring, and increased opportunities in Tier II and III cities contributed to this boom. Apna's report highlights a 30% rise in applications, with notable increases in roles for women and fresh graduates, particularly in the tech and BPO sectors. This shift indicates a growing decentralization of India's job market.
The article highlights top AI copywriting tools for 2025, emphasizing their capabilities in enhancing content creation. These tools offer features such as quick content generation, customization, and integration with various platforms, catering to marketers, content creators, and businesses aiming to streamline their content production processes. The tools are designed to improve efficiency and creativity in copywriting tasks.
BlackRock's Bitcoin ETF, IBIT, has seen its second-largest inflow since its January launch. This surge comes as demand for Bitcoin ETFs remains selective, with broader Bitcoin ETFs showing mixed performance. Despite market fluctuations, IBIT's performance highlights the growing interest from investors seeking exposure to Bitcoin through ETFs.