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What’s New Today : Broadcom's Jericho4 chip enhances AI data center networking with improved speed, congestion handling, and encrypted data transfer security.
Fast-Track Insights : Sunly secures €85 million in financing to build four solar parks in Latvia by 2027, delivering 329 MW of clean energy to power 180,000 homes.
Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the day's top tech stories, from Broadcom unveiling the Jericho4 chip for advanced AI networking to AI automation shrinking jobs for engineers.
Broadcom has launched its next-gen Jericho4 networking chip to enhance AI data center performance and security. Designed for large-scale deployment, the chip supports networks over 60 miles apart and integrates high-bandwidth memory to manage traffic congestion. Used by cloud giants like Microsoft and Amazon, Jericho4 boosts data flow efficiency and encrypts transmissions for added security. Built using TSMC's 3nm process, it marks a significant step in AI infrastructure development.
Tallinn-based renewable company Sunly has raised nearly €85 million in financing from EIB, EBRD, and SEB to construct four solar parks in Latvia with 329 MW capacity, enough to power 180,000 homes. The €203.9 million project—structured on non‑recourse terms—includes €119.1 million from Sunly itself. Scheduled for completion by early 2027, the parks will be upgraded into hybrid sites with wind and battery storage, enhancing Latvia's energy security.
India's tech industry faces a job crisis as AI adoption and automation shrink opportunities for fresh B.Tech graduates. Despite a 354% rise in computer science enrollments, IT companies are reducing hiring due to cost-cutting and AI efficiency. Salaries remain stagnant amid rising inflation. Entry-level roles are most affected, while advanced AI, data science, and cloud computing skills are now in demand. Students must adapt, reskill, and prepare for a rapidly evolving tech landscape.
ChatGPT's paid versions can generate Excel and PowerPoint files, handle formulas, draft presentations, and conduct basic research. It's ideal for quick, one-off tasks, early drafts, and automation in small teams. However, it lacks advanced Excel functions, deep PowerPoint customization, and real-time collaboration. While not a complete replacement for Microsoft Office, blending ChatGPT's speed with Office's precision offers the best productivity approach for modern workflows.
The Commodity Futures Trading Commission (CFTC) plans to permit spot cryptocurrency trading on its registered futures exchanges (DCMs). Acting Chairman Caroline Pham announced the initiative, which invites public feedback and aims to align with the SEC's Project Crypto. The move seeks to provide regulatory clarity, expand crypto access, and establish a unified framework for digital asset oversight under existing laws, especially for retail transactions involving Bitcoin and Ethereum.
