2 weeks Ago
What’s New Today: Google's 'Willow' Quantum Chip Launch Boosts Alphabet Shares Fast-Track Insights: Climate Tech Startup Sustainiam Lands Funding from Orios Here’s a quick rundown of the biggest tech headlines making waves today. From the Google's 'Willow' Quantum Chip Launch to Qualcomm Hiring, let’s dive into the top tech stories of the day. Alphabet shares surged nearly 6% to $186.
53 on December 10 after Google unveiled its breakthrough quantum computing chip, 'Willow.' The chip offers enhanced error correction and computational speed, achieving feats like completing a computation in five minutes that would take a supercomputer 10 septillion years. Built with 105 qubits, Willow represents a milestone in scalable quantum computing.
CEO Sundar Pichai hailed it as a step toward algorithms beyond conventional computers. Willow gained praise from tech leaders, including Elon Musk and Sam Altman. While transformative, practical quantum computing applications remain years away as rivals like Nvidia and IBM advance their efforts.
Read More Climate tech startup Sustainiam raised $1.45 Mn (INR 12.3 Cr) in a Pre-Series A funding round led by Orios Venture Partners, with participation from angel investors like Shilpa Shetty Kundra and GSF Accelerator founder Rajesh Sawhney.
Founded in 2023, Sustainiam offers carbon footprint management solutions, enabling enterprises to trade International Renewable Energy Certificates (IRECs) and carbon credits. The funds will support doubling its team, global expansion, and launching a digital platform for environmental assets. The climate tech sector is gaining investor traction, with startups like Solinas Integrity and Varaha also securing significant funding for innovations in low-carbon solutions and sustainability.
Read More Qualcomm is hiring for an Extended Reality (XR) Software Team – Multimedia Engineer role in Bangalore, India. Applicants must hold a bachelor’s or master’s degree in engineering, computer science, or a related field, with 1+ years of experience in multimedia software development in domains like AR/VR, graphics, or computer vision. Proficiency in C/C++, embedded multimedia product development, and experience with Linux or Android is essential.
Preferred qualifications include experience in XR product development, working on Qualcomm Snapdragon platforms, and expertise in multi-core architectures like CPUs, GPUs, or DSPs. The role offers opportunities to work on cutting-edge multimedia technologies. Read More Crypto.
com has partnered with Deutsche Bank to enhance corporate banking capabilities and efficiency, further strengthening its global banking foundation. This deal follows Crypto.com securing a Mastercard principal license for card issuance.
Karl Mohan, GM of APAC and MEA at Crypto.com, highlighted the partnership as a significant step in its global expansion. In October, Crypto.
com filed a lawsuit against the SEC after a Wells notice warning of possible enforcement action. However, the crypto sector has rebounded, driven by Donald Trump's US presidential win, soaring crypto prices, and the appointment of former PayPal COO David Sacks as "White House AI and Crypto Czar." Read More Credit ratings have become the most integral part of the modern global financial system.
These agencies rate the creditworthiness of individual citizens, corporations, and even governments. The process was based on traditional human analysis and manual evaluation. However, with tremendous developments in AI , these agencies are witnessing drastic change.
AI is remodeling the pattern through which credit ratings are ascertained more efficiently, accurately, and equitably. Read More.
