Elon Musk said SpaceX will rename its artificial intelligence unit from SpaceXAI to SpaceXSI, aligning the company with President Donald Trump’s push to replace the term “artificial intelligence” with “super intelligence.” Musk confirmed the planned change Sunday in a post on X after a user asked whether SpaceXAI would be renamed SpaceXSI. “Yes, we will […] The post Musk to Rename SpaceX AI Unit as SpaceXSI After Trump’s ‘Super Intelligence’ Push appeared first on Tekedia.

South African banking giant Absa has moved into the rapidly developing digital-asset economy by becoming Africa’s first bank to offer cryptocurrency custody services, marking an important step in the relationship between traditional finance and blockchain technology. The move reflects how major financial institutions are increasingly looking beyond cryptocurrencies as speculative assets and beginning to develop […] The post How Absa’s Crypto Custody Service Could Transform African Banking appeared first on Tekedia.

OPEC+ has agreed to keep its oil production targets unchanged for November, extending a pause in output adjustments as the war involving the United States, Israel and Iran continues to disrupt crude exports and leave actual production well below official quotas. Seven core members of the producer alliance, Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan […] The post OPEC+ Holds November Oil Output Targets Steady as Iran War Keeps Supply Tight appeared first on Tekedia.

Elon Musk’s xAI won a temporary reprieve from Minnesota’s first-in-the-nation ban on AI-generated fake nude images after a U.S. federal appeals court blocked enforcement of the law while the company challenges it as an unconstitutional restriction on free speech. The St. Louis-based 8th U.S. Circuit Court of Appeals on Friday granted xAI’s request for an […] The post Xai Wins Court Order Blocking Minnesota’s AI ‘Nudification’ Ban appeared first on Tekedia.

BNB Chain has reached a significant milestone in the rapidly expanding market for tokenized real-world assets, becoming the first blockchain to surpass $1 billion in tokenized stocks and exchange-traded funds (ETFs). The achievement highlights how blockchain technology is moving beyond cryptocurrencies and decentralized finance into traditional financial markets, where equities and investment funds can increasingly […] The post BNB Chain Crosses $1 Billion in Tokenized Stocks and ETFs appeared first on Tekedia.

Apple is preparing to tighten privacy controls on its Mac computers as autonomous AI agents seek access to data across applications, highlighting a growing problem for the technology industry: the more capable AI assistants become, the more access they need to a user’s digital life. Apple said Friday that it plans to change its Mac […] The post Apple Tightens Mac Privacy Controls as AI Agents Seek Broader Access to User Data appeared first on Tekedia.

NBCUniversal is cutting a few hundred jobs across its global streaming technology operations, highlighting the continuing pressure on major media companies to make their digital businesses more efficient. The workforce reduction affects employees involved in technology supporting the company’s streaming operations and comes as the entertainment industry continues to reshape itself around changing consumer habits, […] The post NBCUniversal Cuts Streaming Jobs as Media Companies Focus on Profitability appeared first on Tekedia.

Renault Group plans to invest more than €10 billion ($11 billion) in France over the next five years, focusing on electric vehicles and more affordable cars as the automaker expands domestic production amid a rapid shift toward electrification. Renault Chief Executive François Provost said the investment would build on €13 billion the company has already […] The post Renault Plans €10 Billion France Investment As EV Demand Accelerates appeared first on Tekedia.

Blast, the Ethereum layer-2 network known for its native yield features and aggressive growth strategy, is winding down operations and has asked users to withdraw their assets to Ethereum mainnet by October 26. The announcement marks a significant shift for a project that once positioned itself as a major contender in the race to scale […] The post Blast Network Is Winding Down: Users Must Withdraw Assets to Ethereum by October 26 appeared first on Tekedia.

The Centre Pompidou is taking another significant step into digital culture by forming a Digital Art Committee and launching a five-year patron program dedicated to funding acquisitions and research, with particular attention to onchain and generative art. The move signals something larger than an institutional experiment: digital art is increasingly being treated as an important […] The post Centre Pompidou Forms Digital Art Committee to Expand Onchain and Generative Art Collection appeared first on Tekedia.

Brazil’s presidential election is setting up a sharp divide on Wall Street, with investors expecting markedly different outcomes for the country’s currency, bonds and equities depending on whether leftist Luiz Inácio Lula da Silva or right-wing candidate Flávio Bolsonaro emerges victorious. The first round of voting took place Sunday, with neither candidate currently assured of […] The post Brazil Election Puts Markets on a Lula-Bolsonaro Knife Edge as Investors Bet on Fiscal Reform appeared first on Tekedia.

For the past two years, David Ellison has been assembling the pieces of a media empire. As he prepares to take control of a combined Paramount and Warner Bros. Discovery, he is bringing in an experienced entertainment executive to help manage the sprawling company and address a question that has followed his aggressive expansion: can […] The post David Ellison Brings in Mattel’s Ynon Kreiz to Help Lead $110 Billion Warner Bros. Discovery Merger appeared first on Tekedia.

LinkedIn co-founder Reid Hoffman is pushing back against growing opposition to the U.S. data center boom, arguing that the enormous flow of capital into artificial intelligence infrastructure is supporting economic activity well beyond the technology companies driving the spending. Speaking on the “Newcomer” podcast released Friday, Hoffman said the scale of investment in AI infrastructure […] The post U.S. Data Center Boom Is The Only Reason We’re Not In A Recession – LinkedIn’s CEO Reid Hoffman appeared first on Tekedia.

Tesla is rapidly increasing the number of its driverless Cybercabs authorized for commercial service in Texas, but the pace of expansion remains modest compared with the scale of Elon Musk’s ambitions for the robotaxi business. In the month since Tesla unveiled its Cybercab service in Austin, the number of its bronze two-seat vehicles authorized for […] The post Tesla’s Cybercab Fleet Is Growing Fast, but Waymo’s Robotaxi Lead Is Getting Harder to Close appeared first on Tekedia.

The U.S. government plans to lend about $4.2 billion to Vistra Corp. to increase electricity production from its existing nuclear power fleet, in a move that underscores Washington’s growing focus on nuclear energy as demand from artificial intelligence data centers and other power-intensive industries accelerates. Energy Secretary Chris Wright is expected to announce the financing […] The post US Plans to Give Vistra $4.2 Billion Loan As AI Drives Power Demand via Nuclear Power appeared first on Tekedia.

The Dangote Petroleum Refinery IPO aka “IPO of the People” marks an important opportunity for Nigerian investors to participate directly in one of the country’s most significant industrial enterprises – the dangote petroleum refinery. Following years of construction and development, the refinery has opened its ownership structure to the general investing public, providing retail investors […]

A former OpenAI safety employee has publicly criticized the company’s approach to artificial intelligence development after quitting the company, arguing that its rapid launch cycle is creating risks that cannot be adequately addressed through safeguards added after systems are deployed. David Robinson, who spent three and a half years at OpenAI and worked on the […] The post OpenAI Safety Employee Resigns, Warns Fast-Paced AI Development Is Outrunning Safety appeared first on Tekedia.

Intesa Sanpaolo has raised the stakes in its proposed takeover of Monte dei Paschi di Siena, offering MPS shareholders an additional €800 million ($900 million) in cash if they reject the Italian lender’s rival expansion plan. The move escalates a high-stakes battle over the future of MPS and adds another layer to Italy’s rapidly consolidating […] The post Italy’s Intesa Sanpaolo Sweetens MPS Takeover Offer With €800 Million Cash Incentive appeared first on Tekedia.

Digital art is steadily changing how the world creates, collects and experiences artistic expression. From generative algorithms and blockchain-based sculptures to institutional exhibitions and artist-led gatherings, the boundaries between technology and traditional art continue to evolve. Three developments involving Art Basel, UBS, Art Blocks and digital artist 0xfff illustrate how this transformation is gaining momentum […] The post Digital Art Moves Beyond the Screen as Art Basel, Art Blocks and 0xfff Explore New Creative Frontiers appeared first on Tekedia.

The Federal Reserve has taken another major step toward bringing stablecoins under a formal U.S. regulatory framework, proposing rules that would require certain payment stablecoin issuers to maintain reserves fully backing their tokens while also holding capital against operational and other risks. The proposal represents a significant stage in the implementation of the GENIUS Act, […] The post Fed Proposes New Stablecoin Rules Ahead of GENIUS Act 2027 Enforcement appeared first on Tekedia.

The financial markets are showing an intriguing divergence between traditional retail stock investing and cryptocurrency investment products. Retail stock buying has reportedly fallen to levels near a two-year low, even as exchange-traded funds (ETFs) tracking Bitcoin, Ether, Solana and XRP recorded positive weekly inflows simultaneously for the first time this year. The shift highlights how […] The post Retail Stock Buying Hits Two-Year Low as Crypto ETFs See Fresh Inflows appeared first on Tekedia.

Britain’s new-car market recorded its strongest September in almost a decade, with registrations rising 12% from a year earlier as demand for battery-electric vehicles accelerated amid higher fuel costs and growing uncertainty over diesel supplies. Preliminary figures from the Society of Motor Manufacturers and Traders showed 350,518 new cars were registered in September, the highest […] The post UK Car Sales Jump 12% As EV Demand Surges Amid Fuel-Market Disruption appeared first on Tekedia.

A business sale. A retirement. A divorce. The death of a spouse. Each can create a radically different financial picture, but according to Jeffrey Fratarcangeli, founder and CEO of Fratarcangeli Wealth Management, the underlying discipline required to protect wealth through any of them doesn’t change. “Timing and preparation matter when you’re planning for a major […] The post The Estate Plan You Wish You Had: Fratarcangeli Wealth Management on Protecting Wealth Through Life’s Biggest Transitions appeared first on Tekedia.

CryptoQuant CEO Ki Young Ju believes Bitcoin has entered a new bull cycle after the cryptocurrency’s deep 2026 correction. The crypto expert said he expects this current cycle to look very different from the explosive rallies of previous years. In a post on X, he wrote, “I expect this Bitcoin bull cycle to deliver 3–5x […] The post Bitcoin’s Bear Market Is Over, CryptoQuant CEO Says, Predicting 3–5x Upside appeared first on Tekedia.

OPEC+ has delayed a review of members’ oil production capacity that will help determine their 2027 output quotas, after the U.S.-Israeli war on Iran disrupted projects intended to expand production across the Middle East and clouded estimates of future supply, two sources familiar with the matter told Reuters. The review was originally scheduled for completion […] The post OPEC+ Delays Capacity Review as Iran War Clouds 2027 Oil Quotas appeared first on Tekedia.

Goldman Sachs is taking another step toward the convergence of traditional finance and blockchain technology, as its roughly $100 billion Treasury fund, FTIXX, becomes accessible to institutional crypto firms through Lynq, an Avalanche-based network. The development represents a significant shift in how large financial institutions are beginning to use blockchain infrastructure—not simply for trading digital […] The post Institutional Crypto Adoption Grows as Goldman Sachs Treasury Fund Goes On-Chain appeared first on Tekedia.

FieldAI has raised $700 million at a $10 billion valuation, more than quadrupling its value in just over a year as investors pour capital into artificial intelligence systems designed to give robots greater autonomy in the physical world. The latest financing values the California robotics company at five times the $2 billion valuation it reached […] The post FieldAI Raises $700 Million at $10 Billion Valuation as Investors Bet on General-Purpose Robot Brain appeared first on Tekedia.

Brazil’s Central Securities Depository BR, known as CSD BR, is partnering with Ripple to explore how securities records can be mirrored on the XRP Ledger (XRPL), marking another step toward the integration of blockchain technology with traditional financial-market infrastructure. The initiative highlights a broader shift in which established financial institutions are testing distributed-ledger technology not […] The post Brazil’s CSD BR Partners With Ripple to Bring Securities Records to the XRP Ledger appeared first on Tekedia.

Bitget has frozen about $1.1 million of the nearly $388 million in cryptocurrency stolen during last week’s cyberattack, but the exchange’s chief executive said the amount ultimately recovered is likely to remain limited as investigators trace the funds across the crypto ecosystem. Gracy Chen, Bitget’s CEO, told CNBC that frozen assets had not necessarily been […] The post Bitget Recovers Little After $388 Million Crypto Hack as Attack Exposes Third-Party Security Risk appeared first on Tekedia.

The Bank of England has warned that elevated valuations across artificial intelligence companies could be vulnerable to a deeper market selloff, highlighting growing concerns that investor enthusiasm for AI may have moved ahead of the sector’s underlying financial performance. The warning comes as investors continue to pour capital into companies involved in artificial intelligence, data […] The post Bank of England Highlights Risks in the AI Investment Boom appeared first on Tekedia.

Amazon’s reported plan to sell as much as $8 billion worth of Nvidia chips to investors highlights how rapidly the economics of artificial intelligence are changing. At the same time, Volantis has raised $88 million to develop optical links designed to connect AI chips with memory. The developments point to a broader shift in the […] The post Amazon, Nvidia Chips and the Race to Build AI Infrastructure appeared first on Tekedia.

The cryptocurrency market is once again highlighting two very different forces shaping digital assets: security risks surrounding major platforms and the continued search for new opportunities through tokenized projects. A recent MetaMask security incident that forced roughly 523,000 ETH to be unstaked has drawn attention to the risks associated with crypto infrastructure, while TokenWorks’ decision […] The post Bitcoin Outlook, MetaMask Security Incident and New BitMON Backing appeared first on Tekedia.

The US Treasury market is facing a major repricing as the 10-year Treasury yield touches 5.34%, its highest level in 24 years. Such a move reaches far beyond government bonds. Treasury yields influence borrowing costs, stock valuations, housing affordability, Bitcoin and other risk assets, while persistent inflation in areas such as food continues to squeeze […] The post Rising US Treasury Yields Reshape Markets, Housing and Household Budgets appeared first on Tekedia.

The cybersecurity industry is entering a new phase as artificial intelligence reshapes both the threats organizations face and the tools they use to defend against them. Against this backdrop, AI-native cybersecurity company Armadin has raised $255.5 million in a Series B funding round led by Andreessen Horowitz (a16z) and Accel, pushing the company’s valuation above […] The post Armadin Series B Funding Highlights the Future of Enterprise Security appeared first on Tekedia.