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Good morning, tech fam; here are some quick tech updates for you to catch on to!
What’s New Today: Indian Union Minister Ashwini Vaishnaw has announced the first semiconductor chip coming out this year.
Fast-Track Insights: Zuppa Geo Navigation Technologies raising funds for drone-tech research
Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the day's top tech stories, from India’s semiconductor chip launch to UPSC CAPF Recruitment 2025.
Union Minister Ashwini Vaishnaw announced that India's inaugural 'Made-in-India' semiconductor chip is slated for production by 2025. This milestone underscores the nation's advancements in semiconductor manufacturing, reflecting its ambition to become a global leader in the sector. The India Semiconductor Mission, initiated in December 2021, has been pivotal in attracting investments and fostering collaborations, including partnerships with global giants like Micron and domestic conglomerates such as Tata Electronics.
Chennai-based drone-tech company Zuppa Geo Navigation Technologies plans to raise US$15 million in a Series A funding round to scale its business. The company has received an undisclosed investment from Chennai-based Garuda Aerospace as part of a million-dollar bridge round. Zuppa specializes in manufacturing micro and small drones, autopilots, and software platforms, focusing on indigenous technology to reduce dependence on foreign components.
The Union Public Service Commission (UPSC) has announced 357 vacancies for Assistant Commandants (Group A) in the Central Armed Police Forces (CAPF), including BSF, CRPF, CISF, ITBP, and SSB. Eligible candidates aged 20 to 25 with a bachelor's degree can apply online from March 5 to March 25, 2025. The selection process comprises a written exam, physical tests, and an interview.
Artificial intelligence (AI) and quantum computing are set to revolutionize industries by 2025. AI's rapid integration into business processes enhances efficiency and decision-making, while quantum computing's ability to process complex computations exponentially faster opens new possibilities. The convergence of these technologies promises advancements in drug discovery, financial modeling, and climate modeling, transforming sectors such as healthcare, finance, and environmental science.
In a recent interview, Arthur Hayes, former CEO of BitMEX, discussed the implications of U.S. tariffs, the feasibility of a U.S. Bitcoin reserve, and current market volatility. He expressed skepticism about the U.S. government's ability to effectively manage a Bitcoin reserve, citing potential political misuse and market instability. Hayes also highlighted the challenges posed by complex crypto regulations favoring large corporations, potentially stifling innovation and hindering smaller players.
