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What’s New Today: Nvidia maintains its AI chip dominance as global rivals like AMD, Google, and Huawei race to narrow the performance gap.
Fast-Track Insights: Axiom Math secures $64M funding to develop AI that solves complex math, generates conjectures, and advances applications in science and engineering.
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 global chipmakers' race to rival Nvidia’s dominance to IIT dropouts reshape India’s startup and innovation landscape.
Due to its integrated hardware, software, and networking ecosystem, Nvidia retains dominance in the AI chip industry with around an 80% market share. AMD, Google, Amazon, and China's Huawei act like chickens trying to close the gap through their processors. Experts, however, say this hold will remain, strengthened by rapid innovation and new-generation chips like Rubin, which by 2026 will fly beyond current models.
In seed funding, San Francisco-based Axiom Math set a record by raising $64 million, led by B Capital, valuing the company at about $300 million. Carina Hong founded the company in a bid to invent an AI mathematician that could generate new mathematical knowledge and produce verifiable proofs. Axiom's models are already being tested in cryptography, physics, and algorithms, with potential applications in finance, chip design, and quantitative trading.
A change in trend is currently gripping the Indian startup ecosystem. The IIT dropouts are increasingly favored over the best graduates from traditional colleges. AI and frontier tech founders tend to look for individuals who take initiative, take risks, challenge conventional set of procedures, and can quickly adapt to uncertainty. While an IIT degree commands the highest respect in traditional settings, industries moving fast now prefer curiosity and an ability to execute well more than just a piece of paper. Today, "dropping out" is a badge of courage and independence while proving that one can work outside a defined roadmap.
With the help of Gemini AI, users can take their regular selfies and convert them to high-quality 4K retro portraits using creative prompts and stylistic effects. Prompts range from the vintage glitz of 70s Polaroid shots to neon-lit 80s portraits and some chic black-and-white examples. The precision and flexibility of Gemini AI allow creators to bring all their naughty nostalgic ideas for photo editing, fusing vintage glamour with contemporary detailing for photos that really stand out.
Depending on the clients’ risk profile, the Morgan Stanley Global Investment Committee recommended that their portfolios carry 2-4% in cryptocurrencies. Strong emphasis was placed on keeping crypto exposure minimal and constantly rebalancing to curb volatility. It described Bitcoin as "digital gold," simultaneously pronouncing the relationship of evolving institutions with digital asset acceptance. Crypto may not be part of model indices today, but Morgan Stanley is talking about making it available for trading on E-Trade by 2026.
