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Nvidia is launching a $6,500-$8,000 AI chip tailored for China by June 2025, adjusting to U.S. export curbs.
Grammarly has raised $1 billion from General Catalyst to grow beyond grammar into a complete AI productivity solution.
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 strategic chip launch to Grammarly’s billion-dollar AI transformation.
Nvidia plans to introduce a lower-cost AI chip for the Chinese market, aiming to comply with U.S. export restrictions. Production is expected to commence in June 2025. The new chip, based on Nvidia's Blackwell architecture, will be priced between $6,500 and $8,000, making it more affordable than the H20 model. This strategic move seeks to maintain Nvidia's presence in China amidst tightening U.S. export controls.
Grammarly, the Ukrainian-born AI communication assistant, has secured $1 billion in financing from General Catalyst. This investment will support Grammarly's evolution from a grammar checker to a comprehensive AI-driven productivity platform. The funds will be utilized for sales, marketing, and strategic acquisitions, aligning with Grammarly's mission to redefine global work dynamics through the power of AI.
The job market for the Class of 2025 is becoming increasingly challenging, as AI and automation are displacing entry-level roles. Despite a projected 7.3% increase in hiring, many graduates face underemployment, particularly in fields such as criminal justice and the liberal arts. Employers now prioritize skills over degrees, prompting a shift toward trade professions among Gen Z, who seek stability and better pay.
The article discusses how generative AI (GenAI) and real-time data streaming are transforming cybersecurity. GenAI aids in detecting and responding to threats promptly, analyzing behavioral patterns to identify insider threats, and facilitating the sharing of real-time threat intelligence. India's initiatives, like the Samanvay Platform and the formation of Cyber Commando Teams, exemplify the strategic integration of these technologies to enhance national cyber defense.
The U.S. Securities and Exchange Commission (SEC) has voluntarily dismissed its lawsuit against Binance and founder Changpeng Zhao. This move reflects a shift in regulatory approach under the Trump administration, favoring clearer frameworks over litigation. The dismissal, following a $4.3 billion settlement over separate charges, marks a significant moment in U.S. crypto regulation.
