What’s New Today: India holds 20% of global chip design engineers, boosting its semiconductor role through government incentives and rising domestic consumption.
Fast-Track Insights: Phasecraft secures $34M to advance quantum software, enabling real-world applications on current noisy quantum machines while expanding research and partnerships.
Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the day's top tech stories, from India expanding its semiconductor industry with incentives to applications opening for Indian Navy SSC officer recruitment.
India accounts for 20% of the world’s chip design engineers, with global tech giants establishing major R&D centers across the country. A Bastion Research report highlights India’s critical role in semiconductor design execution, complemented by U.S. architectural leadership. Government initiatives like the Semicon India Programme and upcoming Semicon 2.0 support domestic production. Semiconductor consumption is projected to exceed $120 billion by 2030, driving job growth, innovation, and expanded manufacturing projects nationwide.
Phasecraft, a UK quantum software startup, raised $34 million in Series B funding to make current quantum computers more practical. Founded in 2019 by leading quantum scientists, the company develops algorithms like THRIFT that reduce operations for large-scale simulations. Partnerships with global companies, including Johnson Matthey and BT, enable real-world applications. The funding will expand research, team growth, and collaboration with hardware providers to solve complex problems in materials, energy, and chemistry.
The Indian Navy is recruiting 260 Short Service Commission officers across the Executive, Education, and Engineering branches. Eligible candidates include engineering and law graduates, postgraduates, and professionals such as CPL holders, NCC ‘C’ certificate holders, and Merchant Navy officers. Training begins in June 2026 at INA Ezhimala, with commissioning as Sub-Lieutenants. Applications close September 1, 2025, via joinindiannavy.gov.in. Selection involves degree-based shortlisting, SSB interviews, and medical examinations, with salaries of around Rs 1,10,000 plus allowances.
Artificial intelligence is increasingly embedded in everyday life, enhancing convenience, efficiency, and safety. Key applications include voice assistants, smart home devices, personalized shopping recommendations, spam filters, language translation, fraud detection, social media content curation, surveillance systems, navigation apps, and healthcare diagnostics. AI automates tasks, learns user preferences, and improves decision-making across sectors. These technologies simplify routines, optimize workflows, and save time, making AI an invisible yet essential part of modern living.
El Salvador has fortified its Bitcoin reserve of 6,284 BTC by splitting it into 14 separate addresses, reducing exposure to quantum computing risks. Previously held in a single wallet, the funds are now spread across unused vaults to safeguard against potential cryptographic breaches. The move introduces a public dashboard for transparency and aligns with global concerns over quantum threats, as researchers warn millions of Bitcoins could be vulnerable if quantum computing advances rapidly.