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What’s New Today: Apple plans major 2026 iPad chip upgrades, Spinny raises funding to acquire GoMechanic, Wipro expands Gemini Enterprise AI globally, the UK advances crypto regulations, and graduate hiring drops sharply as AI adoption and economic uncertainty reshape job markets.
Fast-Track Insights: Apple boosts iPad performance without redesigns, Spinny moves toward full automotive ecosystem control, Wipro showcases real-world enterprise AI scale, UK crypto firms face stricter FCA-style oversight, and graduates confront fewer entry-level roles, longer hiring cycles, and rising competition.
Apple is going to refresh its 2026 iPad lineup with performance upgrades for both base iPads and iPad Air. The basic iPad will be powered by the A19 chip present in the newer iPhones, offering a boost to processing power, while the iPad Air could get an M4 chip. Both are supposed to receive Apple's N1 chip for wireless networking enhancements, but the design and cameras are likely to remain the same.
Spinny is reportedly amassing about US$160 million in funding to back its acquisition of car services startup GoMechanic, which will value the company at close to US$1.8 billion post-money. The funding round consists of a mix of primary and secondary investments, with Accel and WestBridge among the list of backers. Spinny would be taking the servicing in-house to further control the automotive value chain beyond car sales, tapping its broader vehicle lifecycle services.
Wipro announced a significant expansion in its collaboration with Google Cloud, using Gemini Enterprise, an advanced AI platform, across all global operations, including finance, HR, and customer support. The effort is intended to enhance productivity, drive faster decision-making, and present real-world enterprise AI in action. Wipro launched a Google Cloud Gemini Experience Zone in Bengaluru, housing more than 200 production-ready AI agents that enable customers to co-innovate and fast-track real-world AI adoption.
The UK Treasury is working on a regulatory framework to bring cryptocurrency markets under stricter oversight by 2027, attempting to keep rules in step with traditional financial markets. Proposed regulations would make crypto exchanges, wallets, and companies follow rules on transparency, consumer protection, and anti-money-laundering under the FCA. The measures also involve a possible prohibition against political donations in crypto due to an inability to track them.
The UK graduate job market is under severe strain amid a sharp reduction in the number of entry-level opportunities. Many of the biggest employers have reduced their graduate intakes, and the number of graduate jobs has fallen by about 45% as economic uncertainty and AI-driven changes to hiring practices deter traditional recruiting. Graduates spoke to fierce competition, longer hiring cycles, and diminished prospects, with some looking to further study, internships, or vocational routes amid calls for wider hiring flexibility.
