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Good morning, tech fam; here are some quick tech updates for you to catch up to!
What’s New Today: Huawei Develops Chips, Moves Away from Intel & Windows
Fast-Track Insights: LoftyInc Capital Raises $43M for African Tech Startups
Here’s a quick rundown of the biggest tech headlines making waves today. From Huawei developing chips to AIIMS Deoghar hiring, let’s dive into the top tech stories of the day.
Despite ongoing US sanctions, Huawei is advancing its efforts to phase out American hardware and software. The company’s Kirin X90 chip, developed by HiSilicon, has received Level 2 national security certification in China, supporting domestic adoption. Previously, Huawei's Kirin 9000C and 9006C chips, used in its Qingyun PC series, also earned certification. Targeting government and enterprise users, Huawei aims to replace US components in its PC business. This shift follows Washington’s revocation of special licences allowing Qualcomm and Intel to supply older chips to Huawei, pushing the company to strengthen its semiconductor independence.
LoftyInc Capital Management has secured $43 million in the first close of its LoftyInc Alpha Fund, aimed at supporting Africa’s emerging tech startups. Focused on Nigeria, Egypt, Kenya, and Francophone Africa, the fund is backed by sovereign wealth funds, DFIs, and global investors like IFC and FMO. At least 30% will be allocated to East, North, and Francophone Africa, with health tech, retail, deep tech, and AI investments. Led by experienced investors, including Managing Partner Idris Ayodeji Bello, LoftyInc aims to drive innovation and strengthen Africa’s role in the global tech ecosystem.
AIIMS Deoghar is recruiting for a Senior Project Assistant on a temporary basis for 12 months, extendable up to 2 years based on performance. The role requires a graduate degree with 5 years of experience in administration, finance, or accounts. The age limit is 30 years, with relaxations as per GOI norms. The salary is ₹30,600 per month. Selection is based on an interview, with only shortlisted candidates being called. No TA/DA will be provided. Interested candidates must submit their application via email before the deadline, including required documents like age, caste, and qualification proof.
President Donald Trump’s World Liberty Financial (WLFI) crypto project has raised $250 million in its second token sale, totaling $550 million. Launched in October, WLFI positions itself as a crypto banking platform, with the Trump family potentially receiving 75% of net revenue. Over 85,000 investors completed KYC verification. Tron’s Justin Sun increased his WLFI stake to $75 million while the SEC considers a resolution to his fraud case. Meanwhile, Trump promotes crypto-friendly policies, including a Strategic Bitcoin Reserve. The SEC recently ruled meme tokens are not securities, following Trump and Melania’s meme coin launch.
The implementation of AI-powered tools brings revolutionary changes to workplace operations. The choices for AI assistance currently lie in Copilot vs. ChatGPT. Users must decide which tool between these two tools works best for achieving their specific needs. This piece examines how these tools differ based on capabilities, operational advantages, and their most suitable utilization scenarios.
