What’s New Today: Qualcomm is back in the data center race with custom CPUs built for Nvidia AI chips. Meanwhile, the Sidemen launch Upside VC, a $25 million fund to support diverse startup founders.
Fast-Track Insights: Qualcomm partners with Saudi AI firm Humain for a custom data center CPU, while Sidemen blend funding with influence to reshape UK venture capital.
Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the day's top tech stories—from Qualcomm’s AI chip ambitions to the Sidemen shaking up startup funding.
Qualcomm announced its return to the data center CPU market by developing custom processors designed to integrate seamlessly with Nvidia's AI chips. This strategic move aims to enhance high-performance, energy-efficient computing solutions for data centers. The initiative follows Qualcomm's acquisition of a team of former Apple chip designers in 2021. It includes a confirmed agreement with Saudi AI company Humain to co-develop a custom data center CPU.
The Sidemen, a prominent UK-based YouTube collective, have launched Upside VC, a $25 million venture capital fund targeting consumer tech startups. Leveraging their vast social media influence, they aim to support underrepresented founders and address the UK's VC diversity challenges. The Sidemen seek to foster a more inclusive entrepreneurial ecosystem by combining financial investment with promotional power.
Indian students increasingly choose European countries like Austria, Malta, Portugal, and Spain for higher education due to lower tuition fees and living costs than traditional destinations like the US and UK. These countries offer English-taught courses, more straightforward visa rules, and post-study work opportunities, making them attractive options for international students seeking affordable and quality education.
Netflix plans to implement AI-powered advertisements by 2026, designed to blend seamlessly with show content on its ₹149 ad-supported tier in India. By analyzing show tone, genre, and viewer behavior, the AI will tailor ads to match the viewing experience, aiming to reduce disruption. While enhancing viewer satisfaction, this approach raises concerns about data privacy and the extent of personalization involved.
South Korean economists are warning that the increasing use of dollar-pegged stablecoins like USDT and USDC could destabilize the nation's economy. They argue that these digital assets may undermine the won's value and erode monetary sovereignty. Experts advocate for a won-backed stablecoin to maintain financial stability and reduce reliance on foreign digital currencies.