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What’s New Today: Qualcomm is all set to announce a partnership to manufacture its automotive modules in India, as Qualcomm president & CEO Cristiano Amon said.
Fast-Track Insights: Grotto AI announced a $10 million seed round led by ICONIQ, a seasoned AI investor, to address some vital issues.
Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the top tech stories, from Qualcomm's automotive plans to the crypto market this week.
Qualcomm, a US semiconductor and wireless technology company, intends to establish partnerships with Indian electronics manufacturers. This collaboration is for the domestic production of automotive modules. At the same time, it will help expand its operations to advanced semiconductor packaging, assembly, and testing.
Grotto AI secured a $10 million seed funding round led by ICONIQ. This funding positions its platform to tackle the multifamily housing sector’s $500 billion vacancy loss by enhancing leasing team effectiveness. The company’s AI system provides real-time analysis of agent interactions. Aside from that, it offers the ability to train staff in relationship development and objection management while maintaining workforce operations to enhance sales results and business performance.
Parshva Jain, an Indian Institute of Technology Mandi alumnus, obtained a machine learning engineer position at Rakuten Group in Tokyo through campus recruitment. The reported earning is about 6–6.5 million yen (around Rs. 35–38 lakh) annually. He specialized in AI, generative AI, and NLP.
AI-powered platforms such as MagicSchool AI, Khanmigo, and Canva for Education and Grammarly help educators develop lessons, create educational materials, and communicate with others. Turnitin maintains academic integrity standards while Curipod and ClassPoint create environments for active student learning. The available solutions help teachers create personalized learning experiences while decreasing their administrative tasks.
The financial system of the United States faces decreasing liquidity, which causes Bitcoin prices and all cryptocurrency markets to decline. The US Treasury General Account now holds excessive capital, which created a contraction that reduced available funding for risk assets. The combination of systemic liquidity drain and poor performance of major technology stocks has resulted in Bitcoin, XRP, SUI, and other digital assets experiencing market losses.
