6 days Ago
What’s New Today: Samsung produces Qualcomm’s XR Chip using 4nm Process for the first time ever. Fast-Track Insights: A Bengaluru based, deeptech startup Optimized Electrotech has raised US$6 million in round A funding . Here’s a quick rundown of the biggest tech headlines making waves today.
Let's dive into the day's top tech stories, from Samsung’s chip breakthrough to Indian Railway Recruitment 2025. Samsung Foundry is reportedly manufacturing Qualcomm's Snapdragon XR2+ Gen 2 chip using its advanced 4nm process technology. This marks the first time Samsung is producing a Qualcomm-designed XR chip, which will power Samsung's upcoming XR headset, Project Moohan.
The headset, developed by Samsung's Mobile eXperience division, is slated for release later this year, with an initial production target of approximately 50,000 units in the second half of 2025. This collaboration signifies a strategic move for Samsung to re-establish its presence in the XR and semiconductor markets. Read More Ahmedabad-based deeptech startup Optimized Electrotech has raised US$6 million in Series A funding led by Blume Ventures and Mela Ventures, with participation from 9Unicorns, Rajiv Dadlani Group, Venture Catalysts, and company leadership.
Founded in 2017 by Sandeep Shah and Dharin Shah, the company develops AI-driven electro-optic imaging systems for defence and space applications. The funds will enhance autonomous ISR systems and high-speed space imaging. Optimized Electrotech holds four patents and has won multiple Ministry of Defence innovation challenges.
Read More The Railway Recruitment Board (RRB) has unveiled the RRB ALP 2025 recruitment drive, offering 9,970 Assistant Loco Pilot positions across 16 zones and Metro Railway Kolkata. Eligible candidates with Matriculation/SSLC plus ITI or relevant engineering diplomas can apply online. The selection process includes CBT Stage 1, CBT Stage 2, CBAT, document verification, and a medical exam.
Applicants must be aged between 18 and 30 years. Detailed application dates will be announced on the official Indian Railways website. Read More Amazon is advancing its e-commerce platform with AI-driven tools like Rufus and Nova Act, enhancing personalized shopping experiences.
Rufus offers tailored product recommendations, while Nova Act automates online purchases and task scheduling. These innovations aim to streamline shopping, reduce decision fatigue, and boost customer satisfaction. Amazon anticipates significant financial gains from these AI initiatives, projecting over $700 million in operating profit by 2025, underscoring AI's pivotal role in the company's future.
Read More Russian economist Oleg Vyugin suggests that increasing cryptocurrency adoption is contributing to the ruble's stability amid Western sanctions. He notes that cross-border crypto transactions, which bypass traditional currencies, are becoming more prevalent. This shift reduces reliance on the U.
S. dollar and euro, potentially bolstering the ruble's resilience. Vyugin emphasizes that while crypto usage isn't widespread, its growing role in international trade could have significant economic implications for Russia.
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