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What’s New Today: Nvidia plans to work with Taiwanese tech giants Foxconn and TSMC to develop Supercomputer
Fast-Track Insights: San Francisco-based chipmaker Rain AI is looking for new funding after its US$150 million Series B fundraising round collapsed.
Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the day's top tech stories, from Nvidia's supercomputer to NALSAR University of Law seeking candidates.
At the Computex AI exhibition in Taipei, Nvidia announced plans to license its new NVLink Fusion technology to other chip designers. This advancement aims to improve chip-to-chip communication, crucial for developing sophisticated AI systems. Companies like Marvell Technology and MediaTek intend to integrate NVLink Fusion into their custom chip projects. This move signifies Nvidia's strategic shift from its gaming origins to becoming a central player in AI hardware development.
Rain AI, a San Francisco-based chipmaker backed by OpenAI CEO Sam Altman, is seeking a buyer after its US$150 million Series B funding round collapsed. The startup, known for developing energy-efficient chips to rival Nvidia, has been in acquisition talks for weeks without receiving a formal offer. OpenAI is among the interested parties and has begun interviewing Rain AI employees. Facing financial difficulties, Rain AI secured a US$3 million bridge loan to remain operational during sale negotiations.
NALSAR University of Law is inviting applications for a Consultant (Research) position. The role offers a monthly remuneration of ₹80,000. Applicants must hold an undergraduate degree in law and a master's in law, social sciences, or allied disciplines. A minimum of two years' work experience is required, with a strong preference for familiarity with criminal law and the Indian criminal justice system. Proficiency in English and at least one Indian language is preferred. The application deadline is May 28, 2025.
In May 2025, leading generative AI chatbots include ChatGPT-4o, Claude 3.5, and Gemini 2.5 Pro, each excelling in writing, coding, and real-time data access. ChatGPT-4o offers creative and technical assistance; Claude 3.5 is noted for thoughtful, safe conversations; and Gemini provides up-to-date web-connected responses. Specialized bots like Replika, Kimi, and Manus focus on emotional support, document analysis, and autonomous tasks, respectively. These AI tools are becoming essential for productivity, creativity, research, and personal interaction.
Russia's Central Bank is set to implement new crypto regulations on May 26, 2025, which will effectively ban domestic trading of Tether (USDT) and similar stablecoins. While Russian firms can still use USDT for cross-border transactions, individual investors will be restricted from purchasing these assets. The rules stipulate that only cryptocurrencies linked to "friendly countries" and not associated with securities from "hostile issuers" will be permitted for trading.
