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What’s New Today: Nvidia is launching a cheaper AI chip for China, priced between $6,500 and $8,000, to navigate US export rules.
Fast-Track Insights: Picus Capital has announced a €250 million fund to support early-stage startups, doubling down on innovation despite market slowdown.
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 new AI chip for China to Picus Capital’s bold investment move.
Based on its Blackwell architecture, Nvidia is set to introduce a lower-priced AI chip for China in response to U.S. export restrictions. This new GPU, derived from the RTX Pro 6000D, will utilize GDDR7 memory and forgo advanced packaging technologies, reducing performance and manufacturing complexity. Priced between $6,500 and $8,000, it aims to replace the now-restricted H20 model in the Chinese market.
Picus Capital has introduced its €250 million Fund II to support early-stage startups with transformative potential. Building on the success of its initial fund, this new initiative seeks to invest in innovative companies poised for significant growth. Despite a challenging venture capital landscape, Picus continues to back visionary entrepreneurs, reinforcing its commitment to fostering groundbreaking ventures.
The proposed repeal of the Optional Practical Training (OPT) program in the U.S. has unsettled Indian graduates, particularly from Telangana and Andhra Pradesh. Facing halted recruitment and ambiguous job prospects, many are reconsidering or withdrawing U.S. study plans. With approximately 330,000 Indian students potentially affected, the OPT's uncertain future threatens a key pathway to U.S. employment and career advancement.
In 2025's AI-driven learning landscape, data science books remain vital. While AI tools like ChatGPT offer instant assistance, books provide a structured, in-depth understanding essential for mastering complex concepts. They offer context, credibility, and foster deeper retention. Rather than being replaced, books and AI complement each other, combining the depth of traditional learning with the efficiency of modern technology.
President Trump has postponed EU tariffs to July 9 after discussions with European Commission President Ursula von der Leyen, alleviating trade tensions. This decision spurred investor optimism, propelling Bitcoin to a record $109,000. The tariff delay and positive market sentiment contributed to the cryptocurrency's surge.
