The possibility of a rogue artificial intelligence system reaching the open internet within the next two years is no longer confined to science fiction. As AI models become more capable, autonomous and connected to external tools, researchers, governments and technology companies are increasingly confronting a difficult question: what happens when an AI system becomes capable […] The post Could a Rogue AI Hit the Internet Within Two Years? appeared first on Tekedia.

Anthropic’s revenue surged more than 14-fold in the second quarter from a year earlier, underscoring the rapid commercial adoption of its Claude artificial intelligence models as the company prepares investors for a potential blockbuster initial public offering. The AI company generated preliminary revenue of more than $11.5 billion in the quarter, compared with $787 million […] The post Anthropic Revenue Surges to More Than $11.5 Billion as AI Firm Positions for Mega IPO appeared first on Tekedia.

Gen Z is taking a different approach to investing, with younger investors trading less frequently than older generations and showing a growing preference for exchange-traded funds (ETFs). According to Binance Research, traders on the platform are directing a growing share of their equity activity toward exchange-traded funds, with ETFs accounting for 25% of the cohort’s […] The post Gen Z Leans Toward ETFs Amid Changing Investment Trend – Binance Research Finds appeared first on Tekedia.

Nvidia is in talks to invest as much as $3 billion in SB Energy, a subsidiary of SoftBank that is developing a major data center campus in Ohio for OpenAI, as the companies seek to assemble the financing needed for a massive expansion of artificial intelligence infrastructure, The Information reported on Saturday. The proposed investment […] The post Nvidia in Talks to Invest Up to $3bn in SoftBank’s SB Energy AI Data Center Development appeared first on Tekedia.

AI coding startup Cursor has officially become part of SpaceX, completing a deal that brings one of the fastest-growing developer AI companies into Elon Musk’s expanding technology empire. Cursor confirmed the completion of the acquisition in a blog post, saying its integration with SpaceX will give it access to the aerospace company’s vast computing infrastructure […] The post SpaceX Completes Integration of AI Coding Startup Cursor, Following Acquisition appeared first on Tekedia.

Tether has reached a significant milestone in its effort to answer years of skepticism surrounding the strength and transparency of its reserves. The stablecoin issuer has secured an unqualified opinion from KPMG US on its full 2025 audit. Marking a major development for the company and the broader digital-asset industry. The result is particularly notable […] The post Tether KPMG Audit Confirms $6.8B Asset Cushion Strengthening Tether’s Financial Credibility appeared first on Tekedia.

The intersection of cryptocurrency, digital assets and mainstream policy is entering another important phase as the White House prepares to bring industry executives into the political conversation. While platforms such as FWA continue experimenting with new ways to turn NFTs into consumer-focused digital experiences. The developments highlight how blockchain is moving beyond speculative trading and […] The post White House Crypto Meeting and FWA’s NFT Gacha Strategy appeared first on Tekedia.

The corporate Ethereum treasury market is entering a more complex phase, with companies and institutional investors taking increasingly different approaches to digital assets. FG Nexus is reportedly selling its digital-asset holdings after pivoting toward an Ethereum-focused digital asset treasury strategy, Norway’s sovereign wealth fund has disclosed an $82 million position in BitMine Immersion Technologies, and […] The post FG Nexus Sells, Norway Holds $82M BMNR and SharpLink Stakes $200M ETH appeared first on Tekedia.

Japan’s currency market is once again testing the limits of government intervention, with the yen weakening sharply despite Tokyo’s recent efforts to stabilize it. Two weeks ago, Polymarket traders placed the odds of the Bank of Japan delivering a rate hike in September at only 22%. That probability has now surged above 80%, reflecting a […] The post Yen Intervention Loses Grip as BOJ Rate-Hike Bets Surge appeared first on Tekedia.

The Hidden Price of Free: How a Global Industry Extracts Value from the People Who Can Least Afford It A former loan app employee named Clara watched borrowers get harassed and threatened. She quit her job over… TechCity

The intersection of decentralized finance and traditional markets is becoming increasingly difficult to ignore, with two developments this week highlighting how rapidly retail-driven financial ecosystems are evolving. BANKR is reportedly preparing to deploy Pools.fun’s launchpad on Robinhood Chain with a native token, while Reddit is set to join the S&P 500 next week after its […] The post BANKR’s Robinhood Chain Push and Reddit’s S&P 500 Breakthrough Signal a New Era of Retail Market Power appeared first on Tekedia.

OpenAI’s leadership shake-up is continuing, with a second major executive departure this week adding to a growing list of senior figures who have left the artificial intelligence company. Chief Revenue Officer Denise Dresser announced her departure after less than a year at OpenAI, following the exit of longtime executive Brad Lightcap just days earlier. The […] The post OpenAI Shake-Up Continues as Senior Executives Walk Away appeared first on Tekedia.

Germany is moving to tighten rules around underage drinking while simultaneously strengthening the powers available to its intelligence agencies as authorities respond to changing security threats. The two decisions, approved by the federal government, reflect broader efforts to update German law in response to concerns over public health, national security and the increasingly complex nature […] The post Germany Updates Security Laws as Hybrid Threats Increase appeared first on Tekedia.

Two football seasons open inside the same fortnight this month, which makes August 2026 the fullest calendar Nigerian punters have seen in years. Arsenal host Coventry City at the Emirates on Friday 21 August to start the Premier League, and a week later the NPFL returns with a record ?1 billion waiting for the champions. […] The post Paripesa live betting in Nigeria and the August 2026 double kick-off appeared first on Tekedia.

Longtime gold advocate and Bitcoin critic Peter Schiff has once again called on investors to sell Bitcoin. Schiff argued that the cryptocurrency is moving in the opposite direction of gold and that recent actions by Strategy (formerly MicroStrategy) highlight fundamental weaknesses in the digital asset. In a post on X, Schiff said, “Sell MSTR and […] The post Peter Schiff Urges Investors to Sell Bitcoin Amidst Bearish Price Action appeared first on Tekedia.

Citibank, a leading global bank has joined the growing list of financial institutions calling for greater regulatory clarity in the U.S. crypto market, urging the Senate to advance the Crypto Clarity Act. The bank’s CEO Jane Fraser has publicly backed passage of the Digital Asset Market Clarity Act, known as the CLARITY Act, while urging […] The post Citi Bank Calls for Senate to Pass the Crypto Clarity Act appeared first on Tekedia.

The financial markets are sending a strikingly mixed signal this week: U.S. equities are pushing deeper into record territory while Bitcoin has lost momentum and slipped back below the $63,000 level. The crypto payments industry is facing another reminder that regulatory and legal uncertainty can complicate even the most ambitious expansion plans, with RedotPay reportedly […] The post RedotPay Delays IPO Amid Binance Regulatory and Legal Challenges appeared first on Tekedia.

YouTube is preparing to make one of its biggest changes to creator monetization in nearly a decade, raising the eligibility requirements for its Partner Program and forcing aspiring creators to rethink how they build audiences on the platform. Beginning February 1, 2027, creators working toward monetization will face significantly higher thresholds for both long-form watch […] The post YouTube Raises Monetization Requirements: 8,000 Watch Hours and 20M Shorts Views Coming in 2027 appeared first on Tekedia.

South Africa has quietly become one of the more interesting entries on the map for international betting operators. Over the past few years, brands that built their names in Europe and elsewhere have looked south, drawn by a market that combines strong sports culture, rising smartphone use and a licensing system that gives them a […]

A major Bitcoin short position is drawing increasing attention across the crypto market after Lookonchain data showed one wallet continuing to increase its bearish bet. The position has now reached approximately 2,136 BTC, worth around $136 million, making the trader one of the largest identifiable on-chain Bitcoin bears at a time when market positioning remains […] The post Lookonchain Data Shows Bitcoin Short Reaches $136M as Liquidation Risk Builds appeared first on Tekedia.

While traders interpreted July’s inflation report as a reassuring sign that the Federal Reserve can ease its monetary policy, Bank of America strategist Aditya Bhave sees a very different picture. For Bhave, the latest data does not signal that the inflation battle is over. Instead, it reinforces the argument that the Federal Reserve may need […] The post Why Bank of America Expects the Fed to Raise Interest Rates Again appeared first on Tekedia.

During the NiDEC 2026 fireside conversation with Governor Chukwuma Charles Soludo of Anambra State and Governor Dauda Lawal of Zamfara State, I raised a simple but consequential question: Can Nigerian states create large, professionally managed investment vehicles that allow ordinary Nigerians in the diaspora to participate in building their economies? I asked Governor Soludo whether […] The post My Question to Governors Soludo and Lawal During NiDEC 2026 appeared first on Tekedia.

The cryptocurrency market is sending mixed signals as traders increase their exposure to derivatives while institutional demand for Bitcoin through exchange-traded funds weakens. Hyperliquid has reached a new all-time high in open interest, Bitcoin ETFs recorded $131 million in net outflows, and Gemini reported a $107 million loss for the second quarter. The developments highlight […] The post Hyperliquid Open Interest Hits New ATH as Bitcoin ETFs See Outflows and Gemini Reports Q2 Loss appeared first on Tekedia.

Phone Privacy Settings: 12 Settings You Should Turn On in 2026 Your smartphone probably knows more about you than you realise. It can store your photos, contacts, conversations, location… TechCity

The price of Bitcoin dropped back below $63,000 on Thursday, sparking a wave of liquidations across the cryptocurrency market. According to data cited by Cointelegraph, the move wiped out approximately $48 million in positions over the span of one hour, with long positions accounting for $45.7 million of the total. The sharp dip forced leveraged […] The post Bitcoin Falls Below $63,000, Triggering $48 Million in Liquidations appeared first on Tekedia.

South Korean stocks have rebounded into a technical bull market just two weeks after a severe selloff, as renewed optimism over artificial intelligence-driven demand for memory chips lifted Samsung Electronics and SK Hynix and helped the benchmark Kospi recover sharply from its July low. The Kospi closed 4% higher on Thursday at 6,813.34, putting the […] The post South Korea’s Kospi Reenters Bull Market After 40% Rout as AI Chip Stocks Rebound appeared first on Tekedia.

Global demand for electric vehicles rose for a fifth consecutive month in July, with a strong recovery in Europe more than offsetting weaker sales in China and North America, according to data from Benchmark Mineral Intelligence. Sales of battery-electric and plug-in hybrid vehicles increased 9% from a year earlier to 1.85 million units in July, […] The post Global EV Demand Rises for Fifth Month as Europe Offsets Weakness in China, North America appeared first on Tekedia.

OPay processed $358 billion in gross transaction value in 2025, more than twice the volume recorded a year earlier, as the Nigerian-focused fintech expanded its customer base, lending operations and revenue ahead of a planned listing on the New York Stock Exchange. The company’s transaction value rose 115% from $166.2 billion in 2024, according to […] The post OPay Doubles Transaction Value to $358bn as Fintech Targets $4bn U.S. IPO appeared first on Tekedia.

Here is the video of my Keynote Address at the Nigeria Diaspora Economic Conference (NiDEC) 2026 in Toronto, Canada. Unfortunately, about 20% of the presentation is missing from the recording, possibly due to a technical issue. That missing section was particularly important because it explained the distinction between Money and Capital and provided the foundation […] The post Ndubuisi Ekekwe Keynote at NiDEC 2026 – Unlocking Diaspora Wealth Through Nigeria’s Capital Markets [Video] appeared first on Tekedia.

Tesla has unveiled plans for a $10.1 billion solar manufacturing facility in Texas, providing the clearest indication yet of Elon Musk’s ambition to build a large-scale domestic solar supply chain capable of supporting the company’s growing energy, artificial intelligence, and robotics operations. The proposed factory, code-named Project Crystal Sun, would be built in Fort Bend […] The post Tesla Unveils $10.1bn Plan for Massive Solar Factory in Texas as Musk Targets U.S. Solar Expansion appeared first on Tekedia.

Chinese artificial intelligence startup DeepSeek on Thursday formally released its V4 Pro model, stepping up its efforts to regain momentum in China’s competitive AI market as the company expands its workforce, computing capacity and access to capital. DeepSeek said its V4-Pro-0813 model delivers major improvements in AI-agent capabilities and is available through its API, app […] The post DeepSeek Launches V4 Pro as Chinese AI Startup Ramps Up Hiring, Computing and Fundraising appeared first on Tekedia.

U.S. small business confidence strengthened last month, signaling a potentially brighter outlook among smaller firms even as businesses continue to navigate elevated costs, changing financial conditions and uncertainty across the broader economy. At the same time, a striking prediction from Elon Musk has placed artificial intelligence at the center of another major corporate transformation: SpaceX […] The post U.S. Economic Confidence Meets the AI Revolution as SpaceX Targets New Revenue appeared first on Tekedia.

Japan’s wholesale inflation remained elevated in July, with producer prices rising 7.2% from a year earlier, reinforcing expectations that the Bank of Japan could raise interest rates as early as September as higher import costs, metals prices and demand linked to the artificial intelligence boom broaden price pressures. The producer price index, which measures the […] The post Japan Wholesale Inflation Stays Elevated, Strengthening Bets on September BOJ Rate Hike appeared first on Tekedia.

Artificial intelligence is increasingly reshaping Germany’s labor market, with companies becoming more willing to integrate AI into their operations to improve productivity, reduce costs and automate routine tasks. However, a study released by a leading German economic institute suggests that the transformation could come with significant consequences for workers. Many companies expect wages to decline […] The post AI Adoption in Germany Raises Concerns Over Wages as Working Hours Decline appeared first on Tekedia.