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What’s New Today: Qualcomm names its next chip, Snapdragon 8 Elite Gen 5, debuting first in Xiaomi’s upcoming 17 flagship series.
Fast-Track Insights: FinSight Ventures launches a $50M Generative AI Index Fund, investing in 12 leading AI firms and raising 40% from nearly 100 investors.
Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the day's top tech stories, from Qualcomm debuting Snapdragon 8 Elite Gen 5 in the Xiaomi 17 series to campus hiring in India showing a strong growth trend.
Qualcomm announced its next flagship chip will be called Snapdragon 8 Elite Gen 5, not Elite 2, clarifying that “Gen 5” represents the fifth generation of its 8-series platform since adopting the new naming scheme in 2021. The Elite tag remains for industry-leading performance. Xiaomi’s upcoming 17 series, including the 17, 17 Pro, and 17 Pro Max, will be the first to debut the Snapdragon 8 Elite Gen 5.
FinSight Ventures has launched the $50 million FinSight Generative AI Index Fund to invest in 12 leading generative AI companies, including Scale AI, Databricks, and Intercom. The fund emphasizes transparency by disclosing its portfolio companies and selection criteria, targeting late-stage businesses that generate over $50 million in revenue. Fundraising began in May 2025, achieving 40% of its goal by July 1 from nearly 100 investors, including family offices, entrepreneurs, angel investors, and asset managers.
Campus hiring in India is witnessing strong growth, with 73% of 220 surveyed organizations expecting moderate to high hiring in 2025-26, according to Aon’s Campus Study Report. Key sectors driving demand include financial services, life sciences, consumer goods, IT, industrials, and healthcare. Organizations focus on skill alignment, culture fit, diversity targets, and variable pay, signaling a shift from mass recruitment to strategic talent development and long-term workforce retention.
Google’s Gemini AI offers advanced capabilities but raises concerns around data privacy, security, and ethical implications. While Google claims strong safeguards like internal testing, misinformation filters, and user data controls, risks such as breaches, bias, and potential job loss remain. Experts stress the need for external audits and stricter AI regulations. Safe use largely depends on user awareness and caution, particularly when sharing sensitive financial, health, or legal information.
Mirror, the Ethereum-based publishing platform, is shutting down, and all blogs, posts, and subscribers will migrate to Paragraph. The move follows Paragraph’s 2024 acquisition of Mirror and a $5M raise led by USV and Coinbase Ventures. The migration is automatic, requiring no creator action, and consolidates features like reader coins, writer coins, and remix functions under one platform. This consolidation aims to streamline Web3 publishing infrastructure and may signal broader industry-wide unification.
