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

What’s New Today: Qualcomm has launched a new Android chip focused on handling rising AI workloads while improving efficiency amid a global memory shortage.

Fast-Track Insights: AI product co-creation startup Demoverse has raised $600,000 in a pre-seed funding round led by Lumikai to expand its US presence and grow its creator community.

Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the latest stories, from Qualcomm’s new AI-focused chip to Demoverse’s $600,000 funding round.

Qualcomm has launched a new Android chip designed to handle rising AI workloads while addressing challenges from the global memory shortage. The processor targets smartphones with stronger on-device AI capabilities and improved efficiency. The launch comes as chipmakers face increasing demand for AI hardware and tighter memory supplies.

AI product co-creation startup Demoverse has raised $600,000 in a pre-seed round led by Lumikai. The company will use the funding to expand its US presence, grow its consumer creator community and convert brand partnerships into paid campaigns. Its platform lets consumers use AI to help design products and earn royalties. 

A 2024 computer science graduate reportedly began working as a delivery executive after losing his TCS job earlier this year. The graduate is seeking opportunities to return to IT and asked a tech professional for referrals. The incident highlights the challenges facing entry-level technology workers amid a difficult hiring environment.

5 as competition with OpenAI intensifies. The model focuses on stronger performance and lower operating costs, with pricing reduced from its predecessor.

Source link