What’s New Today: Oxmiq Labs introduces scalable GPU IP for AI tasks, backed by $20M funding and support for CUDA compatibility.
Fast-Track Insights: Clay raised $100M at a $3B valuation to enhance its AI-driven sales automation platform, aiming for global growth and deeper personalization.
Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the day's top tech stories, from Oxmiq unveiling GPU IP for AI data processing to a law researcher position opening at the Appellate Tribunal for Electricity.
Oxmiq Labs, founded by former Intel chief architect Raja Koduri, has launched licensable GPU technology designed for AI computing. Backed by $20 million in seed funding from investors including MediaTek, the scalable GPU IP can power robotics and cloud data centers. Oxmiq enables CUDA-based software to run on non-NVIDIA hardware without code changes. The firm focuses on IP rather than full chip production to reduce costs.
Clay, an AI-powered sales automation platform, raised $100 million in funding at a $3 billion valuation. Founded in 2017, Clay automates lead generation and outreach by aggregating data from 100+ sources to offer deep personalization. Unlike traditional tools, Clay integrates no-code automation and AI to enrich leads and enhance sales engagement. With backing from CapitalG, Sequoia, and Meritech, Clay aims to expand globally and advance predictive sales analytics and automation tools.
The Appellate Tribunal for Electricity (APTEL) invites applications for one Law Researcher post with a monthly remuneration of ₹65,000. Eligible candidates must be law graduates or final-year law students, with computer proficiency and eligibility to enroll with the Bar Council of India. Applications must be submitted in the prescribed format to the Deputy Registrar at APTEL, New Delhi, by August 8, 2025.
Microsoft is investing $80 billion in 2025 to build AI-powered data centers supporting Azure AI and Copilot. This bold strategy aims to boost long-term growth despite short-term margin pressure. AI is central to Microsoft’s business model, generating recurring revenue through subscriptions and deep product integration. While risks include rising costs and competition, analysts expect strong stock performance as Microsoft positions itself as a global leader in AI infrastructure and enterprise services.
DeepSeek AI forecasts strong year-end growth for XRP, PEPE, and SHIB. XRP could hit $5, fueled by regulatory clarity and institutional support. PEPE may 6x, supported by community hype and Elon Musk mentions. SHIB shows potential for a 5x surge, driven by token burns and Shibarium upgrades. Newcomer TOKEN6900 is also gaining traction with satirical appeal and staking rewards. Market sentiment and tech indicators signal bullish potential across these assets.