Intel’s new CEO, Lip-Bu Tan, may reconsider promoting its costly 18A chip process to outsiders, focusing instead on the more viable 14A node to attract clients like Apple and Nvidia.
Indian startups raised $5.7 billion across 470 deals in H1 FY25, up 8% from last year. This shows growing investor confidence in India’s innovation space.
Here’s a quick rundown of the biggest tech headlines making waves today. From Intel’s strategic chip pivot to India’s funding boost, let’s dive in!
Intel’s new CEO, Lip‑Bu Tan, is contemplating a strategic shift away from promoting its costly and delayed 18A chipmaking process to external clients, despite billions already invested and the risk of significant write‑offs. Instead, he plans to redirect resources to the more competitive 14A node, aiming to attract major clients like Apple and Nvidia. Internal 18A commitments—including Panther Lake, Amazon, and Microsoft projects—will continue as planned. The board is expected to review this potential pivot later this month, as Intel seeks to streamline operations and recover from its $18.8 billion loss in 2024.
Indian startups secured $5.7 billion across 470 deals in the first half of FY25, marking an 8% increase from $5.3 billion during the same period last year. The surge reflects renewed investor interest and growing confidence in India’s entrepreneurial ecosystem, setting a robust pace for the remainder of FY25.
As automation replaces graduate roles, companies cut costs but erode vital training pipelines. Entry-level jobs are vanishing, youth unemployment is surging, and firms are losing institutional memory, cultural continuity, and potential future leaders. AI can automate tasks, but it can’t instill judgment, mentorship, or ethical insight. Without investing in junior talent now, businesses risk stagnation and systemic collapse.
Apple is exploring the integration of third-party AI, such as Anthropic’s Claude or OpenAI’s ChatGPT, into Siri to enhance its capabilities. Internal tests indicate that Claude performs best, but licensing costs remain a hurdle. Apple likely opts for a hybrid model, combining external models on its private cloud with its own LLMs. Full AI enhancements are expected in iOS 27 (fall 2026), after partial updates in iOS 26.
Binance will maintain over 400 remote-based staff in Singapore—mainly in internal compliance, tech, HR, and data roles—even as the Monetary Authority of Singapore requires crypto firms targeting overseas customers to obtain licenses or cease operations by June 30, 2025. The company claims its remote-first structure and focus on non–non-customer-facing functions mean it's exempt from local licensing rules.