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What’s New Today: Arm CEO Clarifies Chip Ambitions Amid Qualcomm Case
Fast-Track Insights: Prop-Tech Innovator Inkers Raises $3M in Series A
Here’s a quick rundown of the biggest tech headlines making waves today. From the Arm CEO Clarifies Chip to Larsen & Toubro Hiring, let’s dive into the top tech stories of the day.
Arm CEO Rene Haas downplayed ambitions for the company to become a chip supplier during a U.S. trial against Qualcomm, a key customer. The case centers on Qualcomm’s $1.4 billion acquisition of chip startup Nuvia and alleged violations of Arm’s royalty agreements. Arm seeks the destruction of Nuvia’s designs, claiming Qualcomm’s lower royalty payments harm its business model. Qualcomm countered, suggesting Arm views it as a competitor. Arm also faced scrutiny for warning customers about potential disruptions due to the dispute. With $300 million in annual fees at stake, the jury is expected to deliberate by Thursday.
Bengaluru-based prop-tech startup Inkers Technology raised US$3 million in a Series A funding round led by Ashish Kasholia of Lucky Investments, following a prior US$2.03 million raise. Founded by Rohan Shravan, Manish Giri, and Srikanth Kandada, Inkers leverages AI, computer vision, and deep neural networks to revolutionize construction. Its flagship product, Observance, delivers hyper-accurate 3D models, thermal maps, and defect reports within 24–48 hours, enabling significant time and cost savings. Deployed across 150+ sites, Inkers has processed over 250 million square feet of data. The funds will enhance its product offerings and accelerate construction's digital transformation.
Larsen & Toubro is hiring for the position of Assistant Manager/Executive in Chennai, India. The role involves managing process changes, implementing strategies, automating manual processes, and enhancing workflows and SAP controls. Candidates will work closely with the digitization team and clients to ensure smooth operations. A degree in Finance and a Master of Finance and Control (MFC) is required, along with 12 to 15 years of experience. Interested applicants can refer to the official recruitment process for further details. No recruitment guarantee or fees are associated with this job information.
Agentic AI is the newest artificial intelligence. Systems can decide and act independently without any human intervention to achieve the desired goals. It is not like traditional AI, where every single task needs to be predefined by instructions; Agentic AI works on a bit of autonomy and mimics human-like problem-solving abilities. It is being used in several fields and promises innovation and efficiency.
Bitcoin reached a record high of over $106,000 following President-elect Trump’s suggestion to create a U.S. bitcoin strategic reserve, similar to the oil reserve. Investor sentiment was further boosted by MicroStrategy’s inclusion in the Nasdaq 100 index. Trump’s pro-crypto stance, promising to make the U.S. the “crypto capital of the planet,” has fueled optimism, with Bitcoin up 192% this year. While some experts caution that such a reserve is unlikely soon, the idea has spurred market excitement. The total cryptocurrency market has nearly doubled to $3.8 trillion, with Bitcoin driving the surge.
