Top 3 Tech News
1) OpenAI and NVIDIA Announce Strategic Partnership to Deploy 10 Gigawatts of NVIDIA Systems; and Nvidia to invest $100 billion in OpenAI.
- Strategic partnership enables OpenAI to build and deploy at least 10 gigawatts of AI data centers with NVIDIA systems representing millions of GPUs for OpenAI’s next-generation AI infrastructure.
- To support the partnership, NVIDIA intends to invest up to $100 billion in OpenAI progressively as each gigawatt is deployed.
- The first gigawatt of NVIDIA systems will be deployed in the second half of 2026 on the NVIDIA Vera Rubin platform.
2) Elliptic secures strategic investment from HSBC to accelerate global growth, first blockchain analytics firm backed by four GSIBs
- Elliptic secured a strategic investment from HSBC, making it the only blockchain analytics provider backed by four globally systemically important banks: HSBC, JPMorgan Chase, Santander, and Wells Fargo.
- The company reported record customer and revenue growth in Q2 2025, driven by rising interest from financial institutions in stablecoins and tokenized assets.
- In a LinkedIn post, Elliptic CEO Simone Maini announced that Rich May, HSBC’s Global Head of Financial Crime, will join the board of directors following the investment.
https://www.elliptic.co/media-center/elliptic-secures-strategic-investment-from-hsbc
3) British AI firm Nscale raises $1.1 billion in Nvidia-backed funding round
- London-based AI data center firm Nscale has secured $1.1 billion in Series B funding led by Norway’s Aker, with additional backing from Nvidia, Nokia and Dell.
- The funding will fuel the expansion of Nscale’s AI infrastructure across Europe, including data center projects with OpenAI under its Stargate initiative.
- Nscale has become a central player in Britain’s ambition to become a global AI powerhouse.
💡 Headhunter’s Lens
The World Economic Forum’s Chief People Officer Outlook 2025 recently highlights three key trends shaping the job market:
→ Chief people officers are pausing hiring and restructuring amid geo-economic uncertainty and rapid technological change.
→ AI adoption, talent scarcity, and evolving workforce expectations are defining current talent priorities.
→ Chief people officers are preparing for long-term transformation by focusing on structural redesign, company culture, and human-centric AI deployment.
Download PDF: https://reports.weforum.org/docs/WEF_Chief_People_Officers_Outlook_September_2025.pdf
🚀 Executive Move to Watch
- Lorraine Pereira joins Sokin as the Head of Compliance.
- Amber Sun joins Reka AI as the Director of Sales & Partnership APAC
📬 One to Forward
🎧 The graduate ‘jobpocalypse’: Where have all the entry-level jobs gone?