Top News Today: Amazon’s AI Chips, BatX Funding, WEF AI Hiring Report and More

Amazon plans custom AI chips for future Alexa devices as BatX raises ₹105 crore and WEF highlights AI’s growing impact on graduate hiring.
Top News Today_ Amazon’s AI Chips, BatX Funding, WEF AI Hiring Report and More (1).jpg
Written By:
Antara
Reviewed By:
Sankha Ghosh
Published on
Updated on

Good morning, tech fam; here are some quick updates for you to catch up on!

What’s New Today: Amazon is building custom AI chips to power future Alexa devices, while battery recycling startup BatX has raised Rs. 105 crore to expand its business.

Fast-Track Insights: A new WEF report looks at how AI is changing graduate hiring, codeless AI platforms continue to simplify business automation, and the Crypto Fear and Greed Index helps investors understand market mood.

Here’s a quick roundup of the biggest headlines making waves today. Let’s dive into the top stories, from artificial intelligence and startup funding to hiring trends, business automation, and cryptocurrency markets.

Amazon Plans Custom AI Chips to Power Future Alexa Devices

Amazon is designing its own AI chips to power future devices and improve Alexa+. The company says custom chips will help deliver faster, safer, and more connected AI features. Devices chief Panos Panay said Amazon is also working on new portable products beyond smart speakers and TVs. He believes future AI devices will rely more on natural conversations than screens, though the company has not shared launch dates or product details yet. 

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BatX Raises Rs. 105 Crore to Grow Battery Recycling Business

BatX has raised Rs. 105 crore in a Series A funding round led by IvyCap Ventures, with support from existing investors. The startup will use the money to grow its battery recycling and refining capacity, improve research, and build a stronger local supply chain for key battery materials. BatX recovers materials from used batteries and factory waste and plans to expand its technology and operations in India and other markets.

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WEF Report Says AI Is Reshaping Graduate Hiring 

A new World Economic Forum and PwC report says AI is changing how companies hire fresh graduates. Jobs most affected by AI have seen little growth in entry-level openings since 2012. The report says slow hiring is also linked to weak business conditions and cost cuts, not AI alone. It urges companies to keep hiring graduates and redesign entry-level roles instead of reducing them. 

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Best Codeless AI Platforms Changing Business Automation in 2026

Businesses are creating chatbots, AI agents, and automated workflows using codeless AI platforms without coding skills. Tools like Zapier, n8n, Make, Workato, Bubble, and Microsoft Power Automate save time and make daily work better. The rise of AI agents that can complete tasks with little human help is a major shift in 2026. These platforms are making AI accessible to both small businesses and large corporations.

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How the Crypto Fear and Greed Index Measures Market Mood

The Crypto Fear and Greed Index is a market sentiment indicator that analyzes key factors including price volatility, trading volume, social media engagement, Bitcoin dominance, and Google trends. Each factor has a fixed weight and contributes to a score between 0 and 100. Lower scores indicate fear; higher scores indicate greed. The index is a quick way to see the sentiment in the market, but shouldn’t be used solely to make trading decisions.

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