Top News Today: India Targets Domestic 7 nm Chips, ElevenLabs Eyes $6B valuation

Government outlines a five-to-seven-year plan enabling domestic production of advanced 7 nm-and-above chips.
Top News Today: India Targets Domestic 7 nm Chips, ElevenLabs Eyes $6B valuation
Written By:
Anudeep Mahavadi
Reviewed By:
Sankha Ghosh
Published on

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

What’s New Today: India’s government plans to support domestic 7 nm-and-above chip production in five to seven years via partnerships and incentives.

Fast-Track Insights: ElevenLabs, the AI voice startup, targets a $6 billion valuation via secondary sale, with strong revenue growth, Fortune 500 clients, and expansion plans. 

Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the day's top tech stories, from the government outlining a roadmap for advanced chip production to engineering graduates facing delays as firms defer joining.

India’s 5–7-Year 7 nm Chip Roadmap

India’s government has revealed a roadmap to enable companies to manufacture 7 nm and above chips domestically over the next five to seven years as part of a longer 15-year strategy to become a global semiconductor player. Initial efforts center on the Tata group’s ₹91,000 crore wafer-fab for 28 nm chips. Partnerships with IBM and IMEC aim to bring advanced technology and R&D support to build this ecosystem.

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ElevenLabs Eyes $6B Valuation in Secondary

ElevenLabs, founded in 2022, is targeting a $6 billion valuation through an employee secondary sale, nearly doubling its prior $3.3 billion valuation from a $180 million Series C round. The AI voice startup’s products include lifelike voice synthesis, multilingual dubbing, and conversational agents. With 60% of Fortune 500 clients, $90 million ARR in 2024, and projected 2025 revenues above $200 million, ElevenLabs pursues global expansion and a potential IPO.

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Tariff Impact Delays Jobs for Graduates

Engineering graduates in Hyderabad face uncertainty as firms, especially in the IT and automobile sectors, defer joining dates, citing Trump’s tariff policies. Some companies have postponed onboarding until January 2026, while others have left the date indefinite, impacting hundreds of freshers. Placement officers report growing anxiety among students, with firms delaying by 8–12 months. Industry experts warn of tariff-driven disruptions in India’s IT sector, including higher costs, dual taxation, and hiring freezes, creating major challenges for graduates.

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Best AI Story Generators of 2025

AI story generators in 2025 help writers overcome blocks, boost productivity, and customize narratives across genres. Leading platforms like NovelAI, Sudowrite, AI Dungeon, Jasper, and Writesonic provide tools for plot, dialogue, and character development. Others, such as Copy.ai, Canva’s Magic Write, Toolsaday, and PopAI, expand storytelling possibilities, while free options like Prepostseo offer accessibility. These tools serve both professionals and casual creators, enhancing creativity while preserving essential elements of human storytelling.

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Businesses Accelerate Bitcoin Adoption Toward $125K

Businesses are purchasing 1,755 Bitcoin daily, adding $1.3 trillion to market cap over 20 months, with reserves rising from 510,000 to 1.3 million BTC. Corporate allocations now average 22% of net income, with many firms treating Bitcoin as permanent holdings. Adoption spans multiple industries, driven by treasury companies and sovereign investments. Analysts anticipate Bitcoin surpassing $ 125,000 as liquidity increases, volatility decreases, and technical indicators suggest potential breakouts, despite near-term correction risks.

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