Good morning, tech fam! Here is your quick catch-up on today’s tech, business, AI, and crypto news.
What’s New Today: Microsoft is pushing harder into AI chips, while Google and Apple grow their own AI plans. The race in the chip market is getting tighter.
Fast-Track Insights: OXG Space has raised Rs. 17 crore in a round led by AUM Ventures. The money will help the startup grow in India’s young space-tech sector.
Today’s top stories cover the AI chip race, startup funding, graduate hiring trouble, Google’s new AI model, and Standard Chartered’s crypto license in the UAE.
Microsoft is putting more effort into its AI chip plans. Google and Apple are also building up their own AI work. Big tech firms want custom chips so they depend less on outside suppliers. Demand for computing power keeps climbing, so these bets could change how the AI hardware market looks.
OXG Space has raised Rs. 17 crore in a round led by AUM Ventures. The startup plans to use the money to grow its business and improve its operations in space technology. The deal shows that investors are watching India’s young space-tech sector closely. Many startups there are building tools for the growing commercial space market.
Many UK graduates are now applying for school-leaver jobs. They are finding it hard to land a suitable role after university. Degree holders are now competing for jobs that were made for younger applicants. This points to heavy pressure on entry-level hiring. It also raises questions about career paths, underemployment, and what a degree is worth today.
Google has launched Gemini 4 Argon, an AI model made for tough coding, research, financial analysis, and cybersecurity work. Not everyone gets full access, though. The best features sit behind paid plans and API pricing. The launch puts more heat on OpenAI and Anthropic as companies look for strong AI tools.
Standard Chartered has won approval in the UAE to offer crypto trading. This adds to its presence in digital assets. It also shows that banks and big investors are warming up to regulated crypto markets. Eligible clients could soon trade digital assets through a bank they already know, as the UAE builds its virtual asset sector.