Good morning, technology enthusiasts! Today’s major updates cover AI chip investments, massive startup funding rounds, shifting employment trends, smartwatch glitches, and cryptocurrency security.
What’s New Today: Chinese artificial intelligence chip startup Nano-core has secured more than RMB 1 billion through its Series C2 funding round. This new capital will be directed toward product development and scaling up for mass production.
Fast-Track Insights:
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Nano-core secures upwards of RMB 1 billion in Series C2 funding to advance AI chip development.
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Kalshi lands $1 billion in new funding, pushing its valuation to $40 billion within a five-month span.
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India sees a 31% increase in green hiring as firms accelerate their search for professionals with sustainability expertise.
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Google Pixel Watch owners experience severe battery drain, with authorities pointing to a potential software bug.
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Binance looks into a reported $6.3 billion cryptocurrency security breach, successfully freezing approximately $3 billion in impacted assets.
Below is a brief summary of the primary tech stories capturing attention today, exploring the latest movements in artificial intelligence, startup investments, the job market, wearable tech, and digital currencies.
Nano-core Chip Raises Over RMB 1 Billion In Fresh Funding
Hangzhou-headquartered AI inference chip manufacturer Nano-core Chip has brought in upwards of RMB 1 billion in a Series C2 funding round. The enterprise plans to channel these funds into product development and manufacturing readiness. Having already taped out three separate chips, Nano-core Chip anticipates customer testing and initial product shipments to begin in early 2027.
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Kalshi Raises $1 Billion As Valuation Reaches $40 Billion
Prediction market platform Kalshi has closed a Series G funding round of $1 billion, co-led by Sequoia Capital and Wellington Management. This transaction elevates the company’s valuation to $40 billion, marking an 82% surge compared to its $22 billion valuation recorded in May 2026.
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Green Skills Hiring Rises 31% In India: LinkedIn Report
Indian companies are displaying a growing demand for candidates equipped with green skills, as outlined by the LinkedIn Global Green Skills Report 2026. The employment of green professionals across India grew by 31%, alongside a 29% expansion in the pool of workers possessing green credentials. The utilities sector led the hiring of green talent, followed closely by the oil, gas, mining, and construction industries. Additionally, the study noted that 35% of Generation Z job seekers struggled to secure green employment.
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Google Pixel Watch Users Report Sudden Battery Drain
Users spanning multiple generations of Google Pixel Watches—including the Pixel Watch 2, 3, 4, and 5—have complained about an unexpected and severe surge in battery consumption. Several owners noted that their devices now fail to last beyond 12 hours, falling well short of the standard 24 to 48 hours. Google has acknowledged the issue and confirmed it is developing a software patch.
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Binance Investigates $6.3 Billion Crypto Security Breach
Cryptocurrency exchange Binance is actively examining a security incident that threatens up to $6.3 billion in losses, which would rank it as the largest crypto theft in history. Early assessments suggest the breach may stem from a compromised engineer’s computer that enabled unauthorized withdrawals from the platform. Platform deposits and withdrawals have been paused, and roughly $3 billion of the compromised funds have been successfully frozen.
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