Top Tech News: Rs. 2,500 Cr Chip Plant, Shiplog’s $930K Funding

PM Modi launches a Rs. 2,500 crore semiconductor plant in Visakhapatnam, while Shiplog secures $930K to expand its AI marketing platform.
Top Tech News: Rs. 2,500 Cr Chip Plant, Shiplog’s $930K Funding
Written By:
Simran Mishra
Reviewed By:
Aishwarya Avsk
Published on
Updated on

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

What’s New Today:

PM Narendra Modi has launched work on a Rs. 2,500 crore semiconductor plant in Visakhapatnam, marking a major boost for India's domestic chip manufacturing ecosystem.

Fast-Track Insights:

AI startup Shiplog has raised $930,000 in pre-seed funding to build AI-powered marketing agents that automate research, campaign planning, and execution for businesses.

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 new Rs. 2,500 crore semiconductor facility and Shiplog's latest AI funding to AI's impact on graduate hiring, DeepSeek V4 Flash's growing AI debate, and Telegram's App Store removal affecting crypto traders.

Title: PM Starts Work on Rs. 2,500 Crore Chip Plant in Visakhapatnam

Prime Minister Narendra Modi started the construction of ASIP Technologies' Rs. 2,500 crore semiconductor plant in Visakhapatnam. It is South India's first approved chip packaging facility under the India Semiconductor Mission. The project will create jobs, support local chip production, attract more investment, and help India reduce its dependence on imported chips.

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Title: Shiplog Raises $930K to Grow AI Marketing Platform

Shiplog has raised $930,000 in pre-seed funding to build AI tools for marketing teams. Its AI agents can help with research, planning, and running marketing campaigns. The company wants to save time by automating daily tasks. The new funding will help improve the product, hire more people, and grow the business.

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Title: AI Makes It Tougher for Fresh Graduates to Get Jobs

Many new college graduates are finding it harder to get their first job as companies use AI for more work and hiring. Some have applied for hundreds of jobs without success. Experts say AI is changing the job market and making it more difficult for young people to start their careers.

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Title: DeepSeek V4 Flash Makes AI Cheaper for Everyone

DeepSeek’s V4 Flash offers strong AI performance at a much lower price, raising questions about whether AI is becoming a common product. As more companies launch affordable AI models, the competition may shift from building better models to offering better tools, services, security, and user experience.

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Title: Telegram App Store Removal Affects Crypto Traders

Telegram was briefly removed from Apple’s App Store, creating worry among crypto traders. The news caused GRAM-related tokens to fall as many feared users would lose access to the app. Telegram was later restored, but the incident showed how quickly crypto prices can react to platform-related news.

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