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What’s New Today: Apple will use Samsung’s Texas chips for iPhones, boosting U.S. investments and helping Samsung offset chip division losses.
Fast-Track Insights: Uzum raised $65.5M, reaching a $1.5B valuation. It plans global expansion, a Series B round, and a potential IPO by 2026.
Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the day's top tech stories, from Apple selecting Samsung Texas chips for iPhones to Koenig offering free training with guaranteed placement.
Apple confirmed it will source chips from Samsung's Texas facility to power products like iPhones. The move aligns with Apple's $100 billion expansion of US investments. This development follows Tesla's $16.5 billion chip deal with Samsung. Analysts predict Samsung's chip division will reduce losses by 2026 due to contracts with Apple and Tesla, including making image sensors for iPhone 18 and next-gen AI chips for Tesla vehicles.
Uzbekistan's first unicorn, Uzum, secured $65.5 million in equity funding led by Tencent and VR Capital, raising its valuation to $1.5 billion. The company plans a $250–$300 million Series B in 2026 and aims for an IPO. Operating across e-commerce and fintech, Uzum serves 17 million users, with growing revenues and infrastructure. It plans to expand services, integrate AI, and enter international markets with continued profitability and strong local roots.
Koenig Solutions launched "Koenig Koshish," a zero-risk hiring initiative to address India's falling graduate employability. The program offers free, industry-aligned training to unemployed graduates and charges employers only upon successful hiring. With proven success at British Telecom, it combines technical certifications, communication skills, and AI-driven learning tools. Koenig Koshish aligns with national skilling goals, aiming to reduce youth unemployment through scalable, employer-friendly workforce development.
Artificial Intelligence in 2025 is reshaping industries by automating up to 70% of workplace tasks. From aiding vaccine development in healthcare to writing code with 89% accuracy, AI is driving significant shifts. Financial firms could see a $3 trillion boost annually, while AI may cut global emissions by 4%. As AI continues disrupting healthcare, finance, and software, its evolving potential demands adaptability and strategic integration across sectors.
JPMorgan has appointed Kara Kennedy as global co-head of its blockchain unit, Kinexys, reflecting growing institutional interest in digital assets. Kennedy will lead asset tokenization and blockchain development efforts amid expanding pilots like the JPMD token and carbon credit platform. Her appointment aligns with new US regulations supporting stablecoins and tokenized deposits, signaling JPMorgan's push to streamline blockchain adoption for institutional clients.
