Good morning, tech fam, here are some quick tech updates for you to catch up on!
What’s New Today: JI Tech is partnering with Japan’s CBC to enter India’s semiconductor materials market, backed by a 4.26 billion won investment and plans to expand local production and supply-chain capabilities.
Fast-Track Insights: Micron Ventures has launched a $250 million fund focused on next-generation AI, taking its total capital commitment to $550 million across AI models, infrastructure and applications.
Here’s a quick rundown of today’s biggest tech headlines, from JI Tech and CBC’s India semiconductor push to Micron’s major AI investment, alongside the latest developments in graduate hiring, artificial intelligence and crypto.
JI Tech is partnering with Japan’s CBC to enter India’s semiconductor materials market. CBC will invest 4.26 billion won in JI Tech, while both companies develop local sourcing, production, refining, certification and distribution capabilities. JI Tech plans to expand its Indian facilities, strengthening its position in India’s growing semiconductor supply chain.
Micron Ventures has launched a $250 million Paradigm Fund to invest in companies developing next-generation AI technologies. The fund will support innovations across AI models, computing infrastructure, enterprise applications and physical AI. With this launch, Micron Ventures’ total capital commitment rises to $550 million, strengthening its focus on future AI infrastructure.
More than 200 graduates selected through Wipro’s Elite Hiring 2025 program are reportedly awaiting their joining dates despite having completed the recruitment and verification processes. NITES has approached the Labour Ministry, seeking clarity on candidates’ offer status, reasons for delays and a definite onboarding schedule. Wipro had not responded when the report was published.
Google co-founder Sergey Brin is reportedly urging DeepMind teams to accelerate Gemini development and close the gap with OpenAI and Anthropic. His push comes amid leadership changes at DeepMind and growing competition in AI. Brin is also encouraging work on self-improving AI systems as Google seeks faster progress in the field.
Kraken has partnered with Mesh to simplify cryptocurrency deposits from other exchanges. Users can now transfer crypto directly without manually copying wallet addresses. Initially available on Coinbase, the feature securely connects exchanges via Mesh and can combine balances using SmartFunding. Kraken says the service carries no additional Kraken fee, while other exchange fees may apply.