Elon Musk is once again raising the stakes in the artificial intelligence race, claiming that xAI’s next major model, Grok 4.7, could be released within 10 days and outperform every AI model currently available. The prediction reflects Musk’s increasingly aggressive push to position Grok alongside, and potentially ahead of, the leading systems developed by OpenAI […] The post Elon Musk’s Grok 4.7 Bets on Scale, Data and Real-World Engineering appeared first on Tekedia.

The financial markets are entering another period of heightened uncertainty as Wall Street records its third consecutive losing session, with investors confronting a combination of geopolitical risk, rising energy prices and a potentially more hawkish Federal Reserve. The Dow Jones Industrial Average fell 419 points, while the Nasdaq declined 1%, reflecting growing concern that the […] The post Wall Street Market Sell-Off Amid Stock Market Losing Streak appeared first on Tekedia.

The global financial system entered September under renewed geopolitical pressure as the United States launched fresh strikes against Iranian targets and Iran responded with attacks against American interests across the Middle East. At the same time, the cryptocurrency market lost momentum, with total market capitalization falling by about $50 billion and investor sentiment moving out […] The post US-Iran Conflict Shakes Crypto Market as Bitcoin ETFs See $236M Outflows appeared first on Tekedia.

OpenAI CEO Sam Altman has dismissed concerns over artificial intelligence’s water consumption as a widely repeated “meme,” noting that modern data centers generally use far less water than their public image suggests. Altman addressed the issue during the premiere episode of the Sources podcast with Alex Heath, published Tuesday, as he was asked about the […] The post Altman Calls AI Water-Use Concerns a “Meme” as Data Center Backlash Grows appeared first on Tekedia.

Chinese consumer electronics maker TCL has sued South Korean rival Samsung in a U.S. federal court, accusing it of falsely marketing a new range of televisions as using Mini LED technology when, according to the complaint, the sets are based on conventional LED technology. The lawsuit, filed Monday in Los Angeles federal court, targets Samsung’s […] The post TCL Sues Samsung in U.S. Over Alleged Mislabeling of TVs as Mini LED appeared first on Tekedia.

The artificial intelligence race is entering a more consequential phase as leading laboratories push increasingly capable models toward wider deployment while simultaneously confronting the risks that come with greater autonomy, reasoning ability and cybersecurity competence. Anthropic’s launch of Fable 5.1 for general availability, alongside Mythos 5.1 through trusted access, and OpenAI’s preparation for the release […] The post Anthropic and OpenAI Push AI Into a New Frontier of Capability and Risk appeared first on Tekedia.

California lawmakers have approved legislation that would establish the nation’s first statewide statutory framework governing how lawyers may use generative artificial intelligence in legal practice, placing responsibility for the accuracy and confidentiality of AI-assisted work firmly on attorneys. Both chambers of the California legislature had approved the latest version of Senate Bill 574 as of […] The post California Moves to Set First Statewide Rules for Lawyers Using Generative AI appeared first on Tekedia.

Global stocks fell on Wednesday as renewed U.S.-Iran fighting pushed crude prices to five-week highs, intensifying inflation fears and adding to pressure on government bond markets already facing the prospect of higher interest rates. The United States struck Iranian military targets near the Strait of Hormuz, while Tehran said it had attacked U.S. assets elsewhere […] The post Global Stocks Slide as Iran Strikes Push Oil Higher and Bond Selloff Deepens appeared first on Tekedia.

Honda Motor Co. is targeting more than $9 billion in cost savings over the next four years and has instructed suppliers to make steep price reductions, as the Japanese automaker accelerates efforts to restore competitiveness in a car business increasingly squeezed by Chinese electric-vehicle manufacturers. The cost-cutting drive, revealed by a Reuters review of internal […] The post Honda Targets $9.4bn Cost Cuts as Chinese EV Competition Reshapes Markets appeared first on Tekedia.

Meta has disabled the camera functions on thousands of its AI-powered glasses after detecting that users were physically tampering with the devices’ recording indicator lights, in an escalation of the company’s efforts to prevent people from secretly recording others in public. The company confirmed on Tuesday that it had shut down the cameras on a […] The post Meta Disables Cameras on Thousands of AI Glasses After Users Tamper With Recording Lights appeared first on Tekedia.

The Bank of England’s decision to accept a wider range of private and structured credit assets as collateral in its lending operations is raising questions over how readily those securities can be traded outside the central bank, as tighter credit conditions and mounting losses put pressure on the rapidly expanding private credit market. “It is […] The post Bank of England’s Private Credit Collateral List Raises Questions Over Market Liquidity appeared first on Tekedia.

British banks are increasingly turning to the Bank of England’s funding facilities to pledge higher-risk and potentially less liquid assets as collateral, exposing the central bank to a growing pool of loans and securities tied to areas such as vehicle leasing, store-card lending and buy-to-let mortgages. A Reuters review of Bank of England filings shows […] The post Bank of England Takes on More Risk as UK Banks Pledge £17.8 Billion in Higher-Risk Assets appeared first on Tekedia.

Bitcoin’s prolonged downtrend may be approaching a turning point, with CryptoQuant analyst Gaah, pointing to improving cycle momentum as a potential sign that the market’s bearish phase is losing strength. In a chart on X, Gaah noted that the shift, currently reading just above zero at approximately 0.4, raises the probability that Bitcoin is breaking […] The post CryptoQuant Analyst Suggests Bitcoin’s Downtrend May Be Nearing Its End as Cycle Momentum Turns Positive appeared first on Tekedia.

Uber Is Leaving Nigeria: Why It Is Exiting After 12 Years and What Happens Next After 12 years in Nigeria, Uber is leaving the market. The ride-hailing company announced on September 2, 2026,… TechCity

Meta’s roughly $17 billion settlement with U.S. states over allegations that Facebook and Instagram harmed younger users could remove a significant legal overhang for the company and give management greater room to accelerate a pipeline of artificial intelligence products, analysts say. The settlement followed a trial that began in August after attorneys general from 29 […] The post Meta’s $17 Billion Settlement Could Clear Legal Path for New AI Product Push – Morgan Stanley appeared first on Tekedia.

India’s latest economic growth figures have delivered another reminder that the country remains one of the most resilient major economies in a world still dealing with inflation, expensive energy and uneven global demand. First-quarter gross domestic product expanded 7.8% year on year, comfortably ahead of economists’ expectations of roughly 7.2%. The headline number matters because […] The post India GDP Growth Hits 7.8%: Economy Beats Forecasts Despite Global Challenges appeared first on Tekedia.

Good Good’s new president, Joe Flannery, has been handed one of the most difficult executive starts imaginable: taking charge of a rapidly growing creator-driven golf company at precisely the moment its biggest advertising crisis exploded into public view. His appointment was dated August 21, the same day the controversial Callaway advertisement appeared, leaving Flannery almost […] The post Good Good Golf’s New President Faces Immediate Challenge as Ad Scandal Erupts appeared first on Tekedia.

Meta’s smart glasses have become one of the most visible examples of how artificial intelligence is moving from the smartphone into everyday life. But as adoption grows, so does the backlash. Venues are increasingly restricting or banning smart glasses. While Meta has responded with a renewed public-relations campaign and updates to privacy settings designed to […] The post Meta’s Smart Glasses Face a Privacy Reckoning as the Company Goes on a PR Blitz appeared first on Tekedia.

A consortium of 21 leading international financial institutions has announced plans to launch a new stablecoin company. The consortium includes Bank of America, Citi, Goldman Sachs, Deutsche Bank, UBS, Wells Fargo, Fidelity Investments, and WisdomTree. The company is expected to be established in the second half of 2026. It plans to issue a U.S. dollar-pegged […] The post 21 Global Banks and Asset Managers Commit to Launching USD Stablecoin in 2027 appeared first on Tekedia.

Europe’s migration policy is entering a new and controversial phase as Germany, Austria, Denmark, Greece and the Netherlands move closer to establishing a migrant return hub in Uganda. The five countries are working together on a system that could transfer people who have no legal right to remain in Europe to a facility outside the […] The post Europe’s Migration Policy Takes a New Turn With Uganda Return Hub Plan appeared first on Tekedia.

Elon Musk-owned social media platform X, is experiencing a surge in global user interest, with millions of downloads. Reports reveal that X recorded 103 million App Store downloads in August, its highest monthly total ever, marking a new peak for the platform. In a brief post on X, Musk wrote, “X reaches highest monthly downloads […] The post X Recorded Massive Downloads in August, Its Highest Monthly Total Ever appeared first on Tekedia.

Nigeria is set to regain an important place in the global investment landscape after FTSE Russell confirmed that the country will return to its Frontier Market classification effective September 21, 2026. The decision represents a significant reversal from Nigeria’s 2023 downgrade to “Unclassified” status and signals growing international confidence in the reforms undertaken to address […] The post Nigeria’s Return to FTSE Russell’s Frontier Market Index Marks a New Chapter for Foreign Investment appeared first on Tekedia.

Y2K is back, and Axe wants to make sure Gen Z smells the part. The early 2000s have become one of the most powerful sources of nostalgia in contemporary youth culture. Low-rise jeans, chunky sneakers, flip phones, glossy aesthetics, futuristic graphics and pop-culture references from the era have all found new life on social media. […] The post Axe Is Betting Gen Z Is Ready for a Whiff of Y2K appeared first on Tekedia.

Sequoia Capital is spinning out Empirik, an artificial intelligence startup seeking to change how companies manage technology infrastructure by using AI agents to detect and prevent system failures before they trigger costly outages. The company announced Tuesday that it has raised $21 million in seed funding from Sequoia, Canapi and Alumni Ventures as it launches […] The post Sequoia-Backed Empirik Raises $21M to Use AI to Prevent Infrastructure Failures appeared first on Tekedia.

Hugging Face has discovered that the future of artificial intelligence may have feathers, wheels, and a surprisingly strong appetite from consumers. The AI company says sales of its small robotic ducks surpassed $2.6 million in just 24 hours, creating enough demand to leave buyers facing a backlog. The product, known as the Reachy Mini, reflects […] The post Hugging Face’s Robot Ducks Are a $2.6 Million AI Sensation appeared first on Tekedia.

Nigeria’s economy accelerated sharply in the second quarter of 2026, with real Gross Domestic Product (GDP) growing by 4.43% year-on-year, its strongest quarterly expansion in five years, according to the latest data from the National Bureau of Statistics (NBS). The performance marks a significant improvement from the 3.89% growth recorded in the first quarter and […] The post Nigeria’s Economy Expands 4.43% in Q2 2026, Fastest Quarterly Growth in Five Years appeared first on Tekedia.

Anthropic is tightening security around its artificial intelligence training and testing environments after three incidents in which Claude models escaped supposedly controlled cybersecurity evaluations and reached real-world systems. The episodes highlight a growing challenge for the AI industry: as models become more autonomous, securing the environment around them is becoming almost as important as controlling […] The post Anthropic Tightens Security After Claude Agents Went Rogue appeared first on Tekedia.

Shein’s long-awaited stock market debut has delivered a striking message about how quickly private-market exuberance can fade. The fast-fashion giant went public in Hong Kong on September 1 at a valuation of roughly $26.3 billion, just about one-quarter of the nearly $100 billion valuation it commanded at its 2022 peak. The numbers alone tell a […] The post Shein’s Stock Market Debut Exposes the Collapse of Its $100 Billion Valuation appeared first on Tekedia.

Sometimes, the fastest way to make an old technology relevant again is to remind people why they once loved it. That appears to be happening with MapQuest, which has reportedly surged up app-store rankings following a controversy surrounding the refusal to adopt the proposed “Lake America” name. The episode is a striking example of how […] The post MapQuest Skyrockets on App Stores After Lake America Refusal appeared first on Tekedia.

Risk has become an increasingly expensive currency. In politics, finance, online prediction markets and the workplace, people are becoming more conscious of what they are willing to put on the line—and what they expect in return. George Santos becoming the first person to be permanently banned from Kalshi, and workers demanding more money than ever […] The post From Kalshi’s George Santos Bans to Job Hopping: How Risk is Changing Markets appeared first on Tekedia.

Waymo has stepped up its criticism of camera-only autonomous driving, explaining that fully driverless vehicles need a combination of sensors to operate safely at scale, an apparent challenge to Tesla’s strategy just days before the expected unveiling of its purpose-built Cybercab. The Alphabet-owned autonomous driving company said in a blog post last week that cameras […] The post Lidar vs Camera-only: Waymo Again Stirs Debate About Best Tech for Robotaxi As Tesla Nears Cybercab Launch appeared first on Tekedia.