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What’s New Today: Apple plans to assemble chips and key iPhone parts in India, a move aimed at reducing its reliance on China and strengthening India’s role in its global supply chain.
Fast-Track Insights: Swedish AI startup Lovable has raised a $330 million in Series B fundraising round at $6.6 billion post-money valuation after very rapid revenue growth and wide acceptance of its AI-powered app-making platform.
Here’s a quick rundown of the biggest tech headlines making waves today. Let’s dive into the day’s top stories, from Apple’s India manufacturing push to major AI funding, hiring challenges for graduates, smarter AI finance tools, and record-breaking crypto crime.
Apple plans to manufacture some chips or parts of the iPhone in India, reducing its dependence on China. The company is reportedly in the process of negotiating with Indian counterparts to step up local production. Such a strategy has the potential to fortify India’s ICT sector, generate employment, and turn the country into a pivotal location for Apple’s worldwide supply chain.
Swedish vibe-coding startup Lovable secured a $330 million Series B at a $6.6 billion valuation, with CapitalG and Menlo Ventures leading the way and participating with the best VCs in the round. The cash influx is due to the rapid growth of the annual recurring revenue and the extensive usage of the platform which gives power to the non-developers via AI prompts to create apps. Proceeds will drive U.S. expansion, deeper integrations, and sustained growth in enterprise adoption.
Recent graduates are encountering high unemployment as companies cut hiring and embrace AI-driven productivity. A Goldman Sachs executive warned Gen Z that this “jobpocalypse” means they must clearly demonstrate their commercial impact to employers to secure roles. Unemployment for new grads is at its highest in years as the job market shifts.
In 2026, the AI-driven personal finance tools are migrating from merely budget maintenance to behavior-recognizing, predictive systems that predict cash inflow and spending risks. The leading platforms such as You Need A Budget, Mint, Simplifi, PocketGuard, and Personal Capital have incorporated sophisticated models to delegate the decision-making process, identify irregularities, and elevate savings and asset allocation to the next level, thus creating a much smarter financial management system for both users and professionals.
North Korean hackers stole a record $2.02 billion in cryptocurrency in 2025, outpacing their 2024 total and making up most of the roughly $3.4 billion stolen globally, new research shows. The surge, driven by fewer but larger breaches like the Bybit hack, highlights evolving tactics and underscores ongoing risks to crypto platforms and users.
