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What’s New Today: AMD CEO expresses her hopes that the market for the company's data center chips will grow to $1 trillion by 2030.
Fast-Track Insights: NextSense raised $16 million from a funding round led by Ascension Ventures, Satori Neuro, and Corundum Neuroscience Fund to launch the first smartbuds.
Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the top tech stories, from AMD’s future growth to the US government shutdown affecting the crypto market.
Advanced Micro Devices (AMD) anticipates that the data-center chip industry, which comprises processors, networking chips, and specialized AI processors, will surge to nearly $1 trillion by 2030. The primary reason behind this surge is the massive demand for infrastructure to support AI. CEO of AMD, Lisa Su noted the goal is to enhance competition against rivals like Nvidia with its new MI400 AI chips and complete server-rack offering, slated for 2026.
A Mountain View startup called NextSense raised $16 million in an oversubscribed Series A round led by Ascension Ventures (in conjunction with Satori Neuro and others) to launch 'Smartbuds,' the first truly wireless earbuds with built-in clinical-grade EEG sensors. The Smartbuds contain six EEG sensors, AI-driven adaptive audio, motion detection and Bluetooth that can provide feedback in real time on brain-state data, helping users optimize sleep, focus and cognitive recovery.
The job market in India is on the rise with an expected increase in hiring intent to 11% in 2026 from 9.75% in 2025. The Confederation of Indian Industry (CII) report predicts the banking, financial services and insurance (BFSI) sector to take the lead with 20%, followed by core industries at 12%. Mid- and senior-level talent (6–15 years’ experience) will be responsible for 55 % of hiring, while Tier-2 and Tier-3 cities are gradually taking over the workforce with 32 % and 15 % shares, respectively.
Next-gen AI systems are making their way towards multimodal competence, including the ability to synthesize and analyze text, sound, images, and videos. Enormous investments and worldwide consolidation are the major forces driving adoption. However, governments are getting stricter with their regulations and require companies to be transparent, fair, and accountable in AI practices. On the other hand, companies are gradually moving from trial-and-error to full-scale deployment, with a clear focus on return on investment, data infrastructures, and human-machine teamwork.
While the investors hope for the US government shutdown to come to an end , the global crypto market has already dropped by almost 4%. Even the large coins like Bitcoin and Ethereum can't hold their momentum. On the other hand, traditional stocks witnessed a slight increase, thanks to the shutdown soft-landing and the weak U.S. labor data that raised the chances of a Fed rate cut.
