Top Tech News: Nothing Phone 3 Chipset, Orbit Capital’s €100M Venture Debt Fund & More

Nothing Phone 3 Launches July 1 With 7 Years of Updates and Snapdragon 8s Gen 4
Top Tech News: Nothing Phone 3 Chipset, Orbit Capital’s €100M Venture Debt Fund  & More
Written By:
Anudeep Mahavadi
Published on

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

What’s New Today: Nothing Phone 3 launching July 1 with Snapdragon 8s Gen 4 and 7 years of security updates for long-term support.

Fast-Track Insights: Orbit Capital Launches a €100M Venture Debt Fund to Support CEE Tech Scaleups, Offering Non-Dilutive Financing and Retail Investor Access.

Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the day's top tech stories, from the Nothing Phone 3 Snapdragon 8s Gen4 Chipset to JECRC Felame Placements.

Nothing Phone 3: 5 Years of Android Updates and 7 Years of Security Patches

Nothing confirmed with ultimate certification that it will provide the Phone 3 with a "5 + 7" update policy—5 years of major Android OS updates and 7 years of security patches, its best software support yet. The Snapdragon 8s Gen 4 chipset will power the device. This is a massive upgrade from all previous models and shows that Nothing is willing to adopt longer software support periods to the very end, rather than depending on its competitors.

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Orbit Capital Launches a €100 Million Venture Debt Fund to Fuel CEE Tech Scaleups

Orbit Capital has launched a €100 million Growth Debt II fund to provide support to tech scale-ups in Central and Eastern Europe with non-dilutive financing. This fund, backed by major institutions such as the EIF and Česká Spořitelna, will offer between €3 million and €10 million in venture debt to fast-growing companies, thereby enabling access for retail investors through Conseq. It also allows retail investor access via Conseq, aiming to fill the funding gap between venture capital and traditional bank loans while retaining founder equity.

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JECRC Sets Record with 35% Female Placements in 2025 Campus Drive

According to data from JECRC University, during the 2025 placement season, placements were offered to 2,230+ students across 161 programs, with 35% of the offers going to female graduates, thus setting a record. Some other spectacular acts included 876 students receiving offers of ₹7 LPA and above, with the highest package being ₹33 LPA. The institute achieves success through 300 hours of skill training, corporate tie-ups, and an inclusive approach. First-rate companies, such as TCS, Accenture, and Capgemini, offer women opportunities across technical and non-technical roles.

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AI has Met Cloud Computing: A Transformation in Decision-Making Across Industries

The integration of AI and cloud computing revolutionizes decision-making methods through real-time data analysis, adaptive behavior, and predictive analytics. It offers service agility and increased productivity and is conducive to personalization for medical care. Developments include AI-powered decision support, dynamic scheduling, and real-time alerts. However, there are still issues with security and privacy, as well as integration challenges. Nevertheless, newer solutions, such as federated learning and quantum computing, could address these concerns while also being scalable and ethical. This fusion of technologies changes the way firms make quick, intelligent, and strategic decisions.

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GENIUS Act Passage by the Senate of the United States—The First Distinct Stablecoin Laws

The Senate passed the GENIUS Act 68-30; in effect, the first federal blueprint for stablecoins has been established in the country, with stipulations for full reserve backing, third-party audited disclosures, compliance with AML laws, and prohibitions on issuance by politicians and Big Tech. This scrutiny acts in favor of large issuers, such as Circle, who are scrutinized by foreign counterparts. The bill must, however, be passed in the U.S. House and sent to President Trump, who has indicated that he intends to sign it into law before the August recess.

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