Top News Today: Meta AI Chips, ONGC Jobs, Europe M&A Boom, Claude AI & Ethereum Rally

Meta is set to ramp up its AI ambitions with plans to commence production of its proprietary AI chips this September. This move aims to enhance Meta's capabilities in processing complex AI tasks, potentially reducing reliance on external chip suppliers. The development signals Meta's commitment to advancing its technological infrastructure to support its expansive AI-driven projects. In other news, Oil and Natural Gas Corporation (ONGC) has announced a recruitment drive targeting fresh graduates. This initiative opens up numerous opportunities in the energy sector, aiming to infuse new talent into the industry. ONGC's hiring spree reflects its strategic focus on innovation and sustainability, positioning itself for future growth amid evolving global energy demands. Meanwhile, Europe is witnessing an unprecedented boom in mergers and acquisitions, reaching record levels as companies seek strategic alliances to bolster their market positions. Concurrently, Ethereum has experienced a notable rally, drawing attention from investors eyeing the cryptocurrency's potential for long-term gains. These developments underscore the dynamic nature of global markets, highlighting the strategic shifts across industries.

— Authored by Next24 Live