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What’s New Today: Huawei is offering Ascend 910B AI chips to Middle Eastern and Southeast Asian markets amid U.S. tech restrictions.
Fast-Track Insights: Foundation EGI raises $23M to accelerate AI-powered engineering, aiming to solve inefficiencies in global manufacturing and product development.
Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the day's top tech stories, from Huawei AI Chips to Tamil Nadu TRB Recruitment.
According to Bloomberg, Huawei had been seeking to ship smaller volumes of the older-generation Ascend 910B AI chip to certain locations, including the UAE, Saudi Arabia, and Thailand. No deals have been signed, with the level of interest remaining low. Huawei is also facilitating remote access to its CloudMatrix 384 system, so advanced that it is not prepared for export due to limited supply. The focus is on under-the-radar global markets, driven by U.S. restrictions and rising demand for AI chips in the Middle East.
Foundation EGI, a spinoff from MIT research, raised $23 million in Series A funding to address inefficiencies within manufacturing and engineering. Its AI-enabled platform uses a domain-specific language to undertake the actual engineering, whereas traditional engineering involves hundreds of hours of documentation, even months on some projects. The company now focuses on integrating itself into the core of the engineering tech stack, from commercial adoption to enhancing platform capabilities, and hiring for engineering, research, and go-to-market teams.
The Tamil Nadu Teachers Recruitment Board (TN TRB) is now accepting applications for recruitment to 1,996 teaching posts, including those of PG Assistant, Physical Director Grade I, and Computer Instructor Grade I. The applications may be submitted between July 10 and August 12, 2025. The candidates must be eligible as per the prescribed educational and age criteria. Selected candidates will be required to appear for the Tamil Eligibility Test and the main written test on September 28. Applications can be filled up via its official website: trb.tn.gov.in.
Google AI Mode and Perplexity AI represent two different AI search experiences, with Google providing fast, conversational answers along with graphs, images, Gemini-powered, and device-integrated features. Perplexity aims at transparency, citing sources, and providing research tools such as the Comet browser. Google focuses on speed and interactivity, whereas Perplexity gives depth, privacy, and academic use. Both represent one arm of the two finger-styluses guiding online search.
Under Germany's Electronic Securities Act, the German state bank NRW.BANK has issued a €100 million blockchain-based bond on the Polygon chain. Through Cashlink, Deutsche Bank, DZ BANK, and DekaBank subscribed to the bond. It was the first completely digital issuance by NRW.BANK and a milestone in substantiating public-sector confidence in tokenized finance. The timing of this issuance could not possibly be better, marking the Heimdall 2.0 upgrade, production from Germany, and its enhanced acceptance of regulated blockchain adoption and digital securities.
