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What’s New Today: India advances semiconductor manufacturing with major investments, new chip plants, and expanding design talent, targeting global leadership.
Fast-Track Insights: Somersault Ventures closed a $20 million debut fund to invest in seed-stage startups tackling overlooked, technical markets across the US and Europe.
Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the day's top tech stories, from India strengthening semiconductor manufacturing with talent and investments to Indian IT firms offering Rs 20 lakh packages.
India is advancing its semiconductor ambitions, aiming to be the second-largest producer in the world by 2032 and the best by 2035. IT Minister Ashwini Vaishnaw mentioned that new approvals under the ECMS scheme, future commercial chip production starting from 2026, and significant investments under Semicon India are the factors. He also stressed India’s expanding chip design ecosystem and a rapidly growing, university-led talent pipeline, driving confidence in domestic manufacturing and global semiconductor relevance ahead.
Somersault Ventures, a San Francisco–based early-stage fund, has closed its first $20 million fund to back seed-stage founders in overlooked, highly technical markets. Founded by Alex Turbanov, Alex Nevinskiy, and Julia Nechaieva, the firm invests in specialised software and marketplace startups across the US and Europe. Its strategy avoids crowded sectors, focuses on deep domain expertise, and supports founders building durable infrastructure with long-term monopoly potential and operational partnership support.
Indian IT companies are lifting fresher salary limits for highly skilled AI and deep-tech roles. Firms such as Infosys and HCLTech now offer packages above Rs 20 lakh for a small group of graduates with advanced skills in AI, data, cloud, and cybersecurity. Industry leaders note that only 1–2% of freshers qualify, reflecting sharp talent shortages, while large-scale hiring continues at much lower pay for general roles.
AI has become central to social media marketing, helping brands automate content creation, schedule posts more effectively, and scale growth through continuous testing. The paper clarifies that AI enhances audience-brand interaction by publishing at the most favorable times, adapting content formats to the social media platform, and updating visuals to prevent viewer fatigue. AI performance analysis is one of the reasons for changing discovery patterns, and human intervention to address risks is required while maintaining brand voice and long-term growth.
Bitcoin jumped nearly 5% to around $95,000 as Asian markets opened higher, despite Wall Street closing lower overnight. Rising Middle East tensions, improving on-chain data, and fresh corporate buying supported the crypto rally. Analysts said Bitcoin must hold key levels to sustain gains. Asian equities advanced modestly, with strength in China and Japan, while US stocks slipped amid financial-sector weakness and policy concerns.
