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Catch the podcast edition of this issue:
Tech is having a main-character moment: a founder is reviving battery dreams after Moxion’s collapse, AI is eating 30% of entry-level jobs (sorry, grads), and privacy just got a glow-up with on-device age checks that don’t snitch your ID. Also, Nvidia’s dropping $100B on OpenAI—because apparently, renting the future is the new buying.
Video pick: AI workers might save your retirement
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Five bullets of updates
🔋A former founder aims to power up battery generator innovation after Moxion’s bankruptcy, targeting mobile builds and EVs.
💻 AI is automating 30% of entry-level work, prompting companies to scale back fresh grad hiring at top firms.
🔒 A new on-device tech can keep age checks private and instant—no ID uploads required as privacy laws tighten.
🤖 Robots can now plan before acting, thanks to new AI models powering 90% more accurate moves from DeepMind.
👓 Finnish startup IXI teams up with OptiSwiss and acquires Finnsusp to boost production of autofocus eyewear, aiming to reach 500,000 pairs in 2025
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Flipkart packs its bags: from Singapore loft back to India’s IPO party
Photo by Kit (formerly ConvertKit) on Unsplash
Flipkart is on track to redomicile from Singapore to India, snagging key approvals to relocate (Singapore court in‑principle; NCLAT hearings underway), with the shift targeted for later this year and an Indian IPO as early as 2026. Think of it as a reverse‑flip home before ringing the bell.
Why it matters: this could be the largest “reverse‑flip” yet—last valued at $36B after Google’s $350M—unlocking potential domestic index inclusion, cleaner ESOP liquidity, and a structure local investors can model. Expect Walmart to plan an orderly sell‑down, peers to accelerate redomiciling, and regulators to harden the playbook for a busy 2026 pipeline.
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AI workers might save your retirement
Pensions were built like a pyramid—and we’re running out of people to stack on the bottom. In this video, we break down the math behind Social Security, rising retirement ages, and the collapsing pension systems in the U.S., Europe, and Japan. Why isn’t the system working anymore? What happens when retirees outnumber workers? And is there any hope for our generation to retire?
🕶️ More videos here 🕶️
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Nvidia drops $100B on OpenAI: because why buy chips when you can rent the future?
Photo by Kit (formerly ConvertKit) on Unsplash
Nvidia plans to invest up to $100B in OpenAI, supplying at least 10 gigawatts of AI systems starting in 2026 on its Vera Rubin platform. Instead of buying chips, OpenAI may lease Nvidia hardware, making Nvidia its preferred compute partner. The deal aligns their hardware and software roadmaps and builds on partnerships with Microsoft, Oracle, and others to push toward superintelligence.
Meanwhile, the semiconductor sector is shifting rapidly: the U.S. is pressing for domestic chip production, Intel is seeking alliances with Apple and TSMC, and Qualcomm, AMD, and Cadence are advancing AI chip technologies. Globally, Alibaba is integrating Nvidia tools, Applied Materials is working with GlobalFoundries on photonics, and Nvidia partnered with Abu Dhabi’s TII to launch the Middle East’s first AI and robotics lab.