Good morning, tech enthusiasts! Here are the key technology updates you need to know today.
Huawei Tests New Chip Design Technology
Huawei has put its new chip design technology into commercial use for the first time with the Mate XT 2, powered by the Kirin 9050 Pro processor. The tri-fold smartphone uses Huawei’s LogicFolding architecture, which the company says improves performance and energy efficiency.
Pixxel Raises USD 100 Million to Expand Space Technology
Indian space-tech startup Pixxel raised USD 100 million in Series C funding to expand its satellite operations, develop new sensing technologies, and strengthen its US presence. The funding lifts Pixxel’s total capital raised to USD 195 million and supports its broader planetary intelligence strategy.
Cognizant Plans 1,500 US Graduate Hires
Cognizant plans to hire 1,500 US college graduates in 2026 as it expands AI-focused roles to 15,000 employees. The company is developing Frontier Certified Engineer and Frontier Business Operator positions, supported by university hiring and AI training. Its global Synapse programme also targets two million people trained by 2030.
AI Boom Puts US Universities Under Pressure
The rapid expansion of AI data centers is increasing pressure on US universities, raising concerns over electricity demand, infrastructure capacity, and competition for resources as AI investment accelerates.
Mexico Probes Electricity Theft Linked to Crypto Mining
Mexican authorities are investigating suspected electricity theft after dismantling a crypto mining facility equipped with 300 computers. Officials are also searching for similar operations across the country. The investigation highlights concerns over unauthorized power use linked to cryptocurrency mining and its impact on Mexico’s electricity infrastructure.