Top Tech News: Chinese Smartphone Brands Outpace Apple in AI Innovation; General Atlantic Leads US$500 Million Funding Round for Startup Insider

Chinese smartphone brands have surpassed Apple in AI innovation, showcasing advanced features and technology. On the other hand, General Atlantic has spearheaded a US$500 million funding round for Startup Insider, enhancing its capabilities in the tech ecosystem
Top Tech News: Chinese Smartphone Brands Outpace Apple in AI Innovation; General Atlantic Leads US$500 Million Funding Round for Startup Insider
Written By:
Harshini Chakka
Published on

Good morning, tech fam; here are some quick tech updates for you to catch on to!

What’s New Today: Snapdragon 8 Elite Chip to Debut on OnePlus 13

Fast-Track Insights: General Atlantic Leads US$500 Million Funding Round for Startup Insider

Here’s a quick rundown of the biggest tech headlines making waves today. From Apple in AI innovation to General Atlantic funding, let’s dive into the top tech stories of the day.

Chinese Smartphone Brands Outpace Apple in AI Innovation

Chinese smartphone brands like Honor and Xiaomi are advancing in on-device AI software ahead of Apple’s launch in China. Honor introduced its AI agent, Yoyo, on the Magic 7 series, enabling users to complete tasks via voice commands. At the launch, CEO George Zhao demonstrated Yoyo’s capability by ordering drinks for 2,000 people based on previous preferences.

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General Atlantic Leads US$500 Million Funding Round for Startup Insider

Insider, a global marketing technology platform, secured US$500 million in funding led by General Atlantic to expand its US operations. Co-founded by Hande Cilingir in 2012, the startup, valued at nearly US$2 billion last year, aims to enhance its AI-driven customer engagement tools. It serves over 1,500 clients, including Samsung, Unilever, and Disney, and has raised over US$770 million in total.

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AAI Recruitment 2024: 90 Vacancies Announced

The Airport Authority of India (AAI) is seeking candidates for 90 Graduate/Diploma Apprentice positions under the Apprentices Act, 1961, for the year 2024-2025 in the North Eastern Region. Vacancies are available across various locations, including Assam, Agartala, Imphal, Shillong, Dimapur, Tezu, Lengpui, and Hollongi.

Candidates must possess either a four-year degree or a three-year diploma in Engineering in relevant streams, recognised by AICTE or GOI. Applicants must be between 18 and 26 years of age. Selection will be based on an interview, and shortlisted candidates will undergo document verification. Final selection depends on interview performance and the submission of a Medical Fitness Certificate.

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Why Rust is Becoming a Contender in AI Development

Historically, the field of developing artificial intelligence has dominated itself with languages such as Python and C++. Lately, however, Rust is a very serious player in the AI space, where it is known for its performance, safety, and concurrency. This article tries to look into why Rust is gaining popularity in the field of AI development, what its unique advantages are, and how its burgeoning ecosystem is making it a feasible choice for AI developers.

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Asia Surpasses North America as the Top Crypto Development Hub

Asia has emerged as the leading region for crypto and digital asset developers, increasing its market share from 13% to 32% within the past decade. In contrast, North America has seen its number of blockchain developers reduced by half, according to Maria Shen, a general partner at Electric Capital. Despite this decline, the US still maintains the highest number of developers globally.

This shift in the development landscape occurs alongside growing concerns regarding the lack of a cohesive regulatory framework for crypto and digital assets in the United States. As US regulators, particularly the Securities and Exchange Commission, adopt an enforcement-first strategy, the uncertainty in the industry continues to rise.

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