Jul 11, 2025
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Good morning, tech fam; here are some quick tech updates for you to catch up to!
What’s New Today: Amazon Lines up "Ocelot" Quantum Chip to Rival Google, Microsoft
Fast-Track Insights: Space-Tech Startup Astrogate Labs Secures $1.3M Funding
Here’s a quick rundown of the biggest tech headlines making waves today. From the Amazon Unveils Ocelot to Openings at Coca-Cola, let’s dive into the top tech stories of the day.
Amazon Web Services (AWS) has announced "Ocelot," a groundbreaking quantum computing chip designed to reduce costs and complexity in quantum error correction. Developed at the AWS Center for Quantum Computing at Caltech, Ocelot features "cat qubits", which inherently suppress errors, reducing error correction overhead by 90%. This innovation could accelerate practical quantum computing by up to five years. AWS claims Ocelot could eventually lower quantum chip costs by 80%, revolutionizing fields like medicine, materials science, and AI. AWS Quantum Hardware Director Oskar Painter emphasized that fault-tolerant quantum computing is now a matter of "when, not if."
Bengaluru-based Astrogate Labs has secured $1.3 million in a pre-series round led by Piper Serica Angel Fund. The startup will use the funds to accelerate laser communication terminal development for space, terrestrial, and airborne applications, expand operations, and strengthen partnerships with space agencies and defense organizations. Founded in 2017, Astrogate aims to overcome radio frequency bandwidth limitations by offering high-speed 10 Gbps laser communication solutions. Piper Serica's Abhay Agarwal emphasized the game-changing potential of laser-based communication in critical sectors. The space economy is growing rapidly, with over 25,000 small satellites expected in orbit by 2030.
Coca-Cola is recruiting for the Manager, C&CL – Operational Planning role in Gurugram, India. The position involves developing integrated commercial strategies, optimizing system execution, and driving shopper and customer engagement. Candidates must have a bachelor’s degree in Marketing or Business and 5+ years of experience in brand strategy, trade marketing, and commercial execution. Strong analytical and leadership skills are required. The role offers exposure to iconic brands, global connections, and diverse customers. Ideal applicants should have expertise in RGM, digital, and portfolio strategy with experience in sales, operations, and customer engagement at senior levels.
The rapid evolution of cryptocurrency and AI presents urgent regulatory challenges. While crypto’s volatility, fraud risks, and decentralization demand oversight, AI’s growing influence in finance, governance, and decision-making poses even greater concerns. AI-driven trading, loan approvals, and smart contracts amplify systemic risks, requiring transparent, accountable frameworks. While crypto regulations like MiCA and SEC guidelines progress, AI governance lags. With AI reshaping industries beyond finance, regulators must act swiftly, ensuring global cooperation and ethical safeguards. Addressing both is crucial, but AI’s profound societal impact makes it the priority. The regulatory race is on, and timely action is essential.
Imagine two AI assistants interacting in a secret way that humans can’t decode. This thought is scary, right? But recent footage has revealed a similar scene where two AI agents are featured talking to each other, and midway, one of them suggests switching to Gibberlink for more efficient conversation. Upon agreeing, they started using a series of sounds incomprehensible to humans.
