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South Korea is making its boldest move yet to build sovereign artificial intelligence, launching a ₩530 billion ($390 million) initiative to fund homegrown large language models. The government has tapped five local players — LG AI Research, SK Telecom, Naver Cloud, NC AI, and startup Upstage — to develop advanced models that can compete with…
Former President Donald Trump has publicly called on Microsoft to dismiss Lisa Monaco, the company’s executive who previously served as deputy attorney general under the Biden administration. The demand, posted Friday on Trump’s Truth Social platform to more than 10 million followers, accused Monaco of being a threat to U.S. national security. Trump Targets Monaco…
This week, Silicon Valley made headlines with staggering investments in AI infrastructure, signaling a new era in tech ambition. From Nvidia to Oracle, major players are mobilizing vast resources to ensure OpenAI has the computing power needed to train and run next-generation AI systems. Massive Investments Fuel OpenAI Expansion Nvidia announced plans to invest up…
YouTube Music is pushing the boundaries of music streaming with its latest experiment: AI-powered music hosts. These digital hosts provide fans with trivia, commentary, and stories relevant to the tracks they’re listening to, creating a more interactive and engaging experience. The feature, currently in limited testing, marks YouTube Music’s next step in AI-driven personalization. AI…
Global semiconductor stocks surged on Tuesday after Nvidia unveiled plans to invest $100 billion in OpenAI, fueling optimism across the AI and chipmaking sectors. The move highlights both the scale of AI infrastructure demand and the ripple effect Nvidia’s partnerships have on the broader semiconductor supply chain. Nvidia’s Mega Investment Boosts AI Ambitions Nvidia CEO…
Top financial officials from the United States and the United Kingdom have taken a major step toward coordinated crypto oversight. U.S. Treasury Secretary Scott Bessent and UK Chancellor Rachel Reeves have established a joint initiative called the Transatlantic Taskforce for the Markets of the Future, aimed at developing policy recommendations for Digital assets and innovative…
Saudi Arabia’s new mutual defense agreement with Pakistan has raised questions about its potential impact on energy ties with India. However, experts and sources suggest that Riyadh’s commercial relationship with one of the world’s largest crude consumers remains steady. Energy Ties Stay Strong A senior source familiar with Saudi Arabia’s energy strategy told CNBC that…
eBay announced on Monday that it is acquiring Tise, a Norway-based social marketplace specializing in second-hand fashion and interior design items. While the financial terms of the deal remain undisclosed, the acquisition signals eBay’s push to modernize its platform and capture younger audiences. Founded in 2014, Tise has built a loyal Gen Z and millennial…
Bolivia is taking a bold step toward cryptocurrency adoption as Toyota, Yamaha, and BYD now accept Tether (USDT) for vehicle purchases. The move comes amid a deepening dollar shortage, offering citizens and businesses a stable alternative in an uncertain economic climate. Automakers Embrace Stablecoin Payments Tether CEO Paolo Ardoino confirmed that Bolivian dealerships are now…
The United Arab Emirates (UAE) has taken a major step toward global crypto tax compliance by signing the Multilateral Competent Authority Agreement under the Crypto-Asset Reporting Framework (CARF). The move aligns the UAE’s digital asset policies with international standards, signaling its commitment to transparency and cross-border tax cooperation. CARF: A Global Tax Information Exchange CARF,…