Good morning, tech fam! Here are the biggest headlines making waves today, from artificial intelligence and startup funding to hiring trends, global AI competition, and cryptocurrency.
Google’s New AI Chip Could Make Gemini Faster and Smarter
Google is reportedly building a new AI chip called Frozen v2 to run Gemini more efficiently. The chip promises better performance while using less power, potentially reducing Google’s reliance on external hardware and strengthening its AI infrastructure in the coming years.
Transition VC Expands Support for Energy Startups
Transition VC has launched its Rs. 1,500 crore Fund II to invest in energy technology startups across India. The fund aims to help early-stage companies grow, build clean energy solutions, and accelerate innovation in the country’s energy sector.
IT Firms Change Hiring Plans as Freshers Face Longer Waits
India’s IT hiring landscape is shifting: companies are slowing campus recruitment, delaying joining dates, and linking offers to business demand. Firms now prioritize graduates with AI and deep tech skills, leaving many freshers with longer waits and fewer entry-level opportunities.
Countries Driving the Global AI Race in 2026
The global AI race in 2026 is led by nations investing in research, chips, talent, and robust digital systems. The United States and China remain ahead, while the UK, Singapore, Canada, and India continue to grow through innovation, skilled workers, and government support.
Luxxfolio Raises $1.55 Million for Crypto Expansion
Luxxfolio has completed a $1.55 million private placement by issuing 7.77 million units. The company plans to use the funds to grow its crypto projects, support Litecoin mining, and meet general business needs while offering warrants to investors.