Alphabet, Google’s parent company, has taken another significant step toward securing the energy needed to power its expanding artificial intelligence infrastructure. The company has signed a 20-year agreement to purchase 890 megawatts of nuclear energy from Constellation Energy, placing it alongside Microsoft, Meta, and Amazon in the race to secure reliable electricity for the next […] The post Alphabet’s 20-Year Nuclear Energy Deal Signals the Growing Cost of the AI Boom appeared first on Tekedia.

The U.S. stock market is facing renewed pressure as Dow futures fall nearly 500 points, oil prices surge more than 5%, and Treasury yields climb to levels not seen in 24 years. The combination of rising energy costs and increasing borrowing expenses has heightened investor concerns about inflation, economic growth, and the future direction of […] The post Dow Futures Fall Nearly 500 Points as Oil Surges Over 5% and Treasury Yields Hit 24-Year Highs appeared first on Tekedia.

SpaceX is preparing to challenge the traditional American telecommunications industry with its ambitious plan to transform Starlink into a major mobile carrier in the United States. The announcement has raised concerns among established telecom operators, with AT&T, Verizon and T-Mobile reportedly experiencing share price declines of more than 7% each. The development highlights how satellite […] The post SpaceX Says Starlink Will Become a Major US Mobile Carrier as AT&T, Verizon and T-Mobile Shares Plunge appeared first on Tekedia.

The cryptocurrency industry is once again confronting serious questions about security, law enforcement, and the management of stolen digital assets following two significant developments. The United States government has reportedly moved more than $1 billion worth of Bitcoin seized in connection with the Bitfinex hack to an unknown wallet, while a jury has convicted a […] The post US Bitcoin Transfer and Uranium Finance Theft Conviction Highlight Crypto Security Risks appeared first on Tekedia.

OpenAI has reportedly told investors that its annualized revenue is approaching $50 billion, highlighting the remarkable growth of the artificial intelligence industry while raising questions about whether the company can meet the enormous expectations surrounding its business. Despite generating billions of dollars from its AI products and services, the reported figure remains roughly $20 billion […] The post OpenAI’s Annualized Revenue Nears $50 Billion, Falling $20 Billion Short of Expectations appeared first on Tekedia.

Apple has reportedly asked some suppliers to reduce production of components for its newly launched iPhone 18 Pro and iPhone 18 Pro Max, as rising memory chip costs and higher retail prices put pressure on consumer demand and complicate the company’s efforts to sustain sales growth. The iPhone maker has become more cautious about shipments […] The post Apple Reportedly Cuts iPhone 18 Pro Component Orders as Memory Costs and Higher Prices Weigh on Demand appeared first on Tekedia.

The blockchain and artificial intelligence industries continue to evolve as developers pursue faster transactions, improved interoperability, and more capable AI systems. Recent developments involving Sui Network, Polygon Labs, TRON, and Nous Research highlight how technological innovation and significant investment are shaping the future of digital infrastructure. From an ambitious transaction-processing milestone to simplified stablecoin transfers […] The post Blockchain Scalability and AI Innovation: Sui, Polygon, TRON, and Nous Research Drive the Next Digital Revolution appeared first on Tekedia.

Wall Street is building a financial ecosystem around Nvidia’s artificial intelligence chips, as banks explore lending against graphics processing units (GPUs), insurers develop ways to protect their value, and investors seek opportunities to trade computing capacity as a financial asset. The emerging market represents a new phase in the AI investment boom. As demand for […] The post Wall Street Turns Nvidia AI Chips into Collateral As Investors Build A New Market For Computing Power appeared first on Tekedia.

Gold prices rose more than 1% on Friday as falling oil prices and a softer US dollar supported bullion, giving the precious metal room to recover from recent losses even as expectations of further Federal Reserve interest-rate increases continued to limit its upside. Spot gold gained 1.4% to $4,189.99 an ounce by 0842 GMT, putting […] The post Gold Rises 1.4% as Trump’s Iran Restraint Eases Oil Prices, Dollar Weakens appeared first on Tekedia.

The developer of ARTEX, a Chinese-developed artificial intelligence agent identified by cybersecurity investigators as a tool used in a recent cyberattack campaign against South Korean banks, has withdrawn the software from public development and announced plans to convert it into a closed-source project. The developer, who uses the GitHub handle “Autumn-27”, announced the decision on […] The post ARTEX Developer Shuts Down Public AI Agent After CrowdStrike Reports South Korean Bank Cyberattacks appeared first on Tekedia.

Flock Safety plans to lay off approximately 270 employees, or 18% of its workforce, as the maker of AI-powered surveillance cameras and automated license-plate readers faces mounting opposition from communities, lawmakers and privacy advocates over how its technology is deployed and how the data it collects is used. The planned reductions follow a voluntary separation […] The post Flock Safety to Cut 270 Jobs As Surveillance Technology Faces Growing Privacy Backlash appeared first on Tekedia.

OpenAI has told investors that its annualized revenue run rate for September was nearly $50 billion, significantly below the figure approaching $70 billion that the artificial intelligence company had previously indicated, underpinning the difficulty of comparing the finances of fast-growing AI businesses as they prepare for potential public listings. The discrepancy arose mainly from an […] The post OpenAI’s September Revenue Run Rate Falls Short of $70 Billion Signal, Report Says appeared first on Tekedia.

OpenAI has defended its decision to dismiss three safety researchers after they raised concerns about the company’s approach to advanced artificial intelligence, insisting that the terminations followed a breach of internal policies rather than retaliation against employees who questioned its safety practices. The company said on Friday that Jasmine Wang, Tomek Korbak and Mikita Balesni […] The post OpenAI Defends Firing of Three Safety Researchers Amid Growing Concerns Over Rogue AI Systems appeared first on Tekedia.

Forty-four European industry associations have urged the European Union to strengthen its response to Chinese trade practices, warning that growing import competition and market distortions are threatening the bloc’s manufacturing base and increasing the risk of further job losses. The associations, representing industries including metals, chemicals and automotive parts, called on EU member states on […] The post European Industry Groups Demand Tougher EU Trade Measures Against China as Manufacturing Faces Pressure appeared first on Tekedia.

Companies are discovering that giving employees access to artificial intelligence tools does not automatically translate into higher corporate productivity or stronger profits, as individual workers complete tasks faster without necessarily improving the performance of the wider organization. Eric Kutcher, a senior partner and chair of McKinsey North America, said on Wednesday that although AI is […] The post McKinsey Says AI Only Makes Employees Productive, Not Yet Translating Into Enterprise-Wide Results appeared first on Tekedia.

Bitcoin has come under renewed selling pressure, falling below $81,000 before trading around $82,960, marking its lowest level in 17 days. The decline has intensified concerns about the short-term direction of the cryptocurrency market. As approximately $100 billion disappears from the total crypto market capitalization and U.S. spot Bitcoin exchange-traded funds record $244 million in […] The post Bitcoin Falls to a 17-Day Low as $100 Billion Wipes Off Crypto Market Value appeared first on Tekedia.

Nigeria’s gaming industry may have found another reason to attract attention, and this time, it comes from the vibrant streets of Lagos. Lagos Life, a simulation game inspired by the chaos, culture, and charm of Nigeria’s commercial capital, has reportedly reached a $10 million valuation just three days after incorporation. The development follows a $500,000 […] The post Lagos Life: How a Whim Inspired a Nigerian Simulation Game Reportedly Valued at $10 Million appeared first on Tekedia.

Hunter Biden’s criticism of market makers over the failure of LAPTOP highlights the growing tensions between cryptocurrency projects, market participants, and the broader digital asset industry. His remarks have drawn attention to the challenges faced by cryptocurrency ventures attempting to establish themselves in a competitive market where liquidity, investor confidence, and trading activity can determine […] The post Hunter Biden Criticizes Market Makers Over LAPTOP Collapse appeared first on Tekedia.

Financial markets are approaching a critical moment as investors assess the possibility that the United States Federal Reserve will leave interest rates unchanged in October. Concerns about inflated valuations across technology, artificial intelligence, and other speculative investments have raised questions about which assets could survive a significant market correction. For Bitcoin investors and stock market […] The post What an October Fed Hold Would Mean for Bitcoin and Which Stocks Could Shine if the Bubble Bursts appeared first on Tekedia.

The artificial intelligence industry continues to evolve as leading companies introduce increasingly sophisticated models and new ways for users to interact with technology. Anthropic’s launch of Claude Haiku 5.5, described as its first Haiku model with effort controls, highlights the growing importance of flexibility and efficiency in AI development. Meanwhile, OpenAI’s rollout of GPT-6 and […] The post Anthropic Launches Claude Haiku 5.5 as OpenAI Rolls Out GPT-6 and Interactive ChatGPT Features appeared first on Tekedia.

The rapid growth of artificial intelligence is driving some of the world’s largest technology companies to seek new sources of financing. Oracle, Broadcom and SpaceX are reportedly pursuing debt deals to support their artificial intelligence infrastructure and chip-related ambitions. Their financing plans highlight the enormous capital required to compete in the AI industry, where companies […] The post Oracle, Broadcom and SpaceX Turn to Debt Markets to Fund AI Chips appeared first on Tekedia.

The United States government has reportedly moved approximately $566 million worth of cryptocurrency, renewing concerns among investors about potential selling pressure in the digital asset market. According to blockchain analytics platform Lookonchain, the transfers included 4,632 Bitcoin worth approximately $384.5 million, 119 million USDT, and 750 Wrapped Bitcoin (WBTC) valued at around $62.3 million. The […] The post US Government Moves $566 Million in Crypto as Bitcoin Selling Concerns Grow appeared first on Tekedia.

Why Salary Alone Won’t Keep Your Best Employees Teju Fola-Alade says her LinkedIn is “always filled up” with job offers. Now imagine, she says, being a good software engineer. “Talent would always have a choice,” she said. “So you’re not dealing with people that are desperate for a job.” That changes how you keep your best employees, and she has spent years working […] TechCity

Your servo valve didn’t fail last Tuesday. Its case drain flow started climbing six weeks earlier, right after the fluid smelled faintly burnt and your pressure ripple stopped settling the way it used to. I’ve spent enough time standing next to a hydraulic power unit at 2 a.m. to know how this usually goes. The […] The post Why Hydraulic Valve Failure Rarely Starts in the Valve: A Diagnostic Guide for Plant Teams appeared first on Tekedia.

Your servo valve didn’t fail last Tuesday. Its case drain flow started climbing six weeks earlier, right after the fluid smelled faintly burnt and your pressure ripple stopped settling the way it used to. I’ve spent enough time standing next to a hydraulic power unit at 2 a.m. to know how this usually goes. The […] The post Why Hydraulic Valve Failure Rarely Starts in the Valve: A Diagnostic Guide for Plant Teams appeared first on Tekedia.

SpaceX has announced an agreement to acquire a nationwide portfolio of low-band spectrum licenses, a move the company says will pave the way for its Starlink Mobile service to become a major mobile carrier in the United States. The move builds on prior spectrum deals and FCC approvals for 15,000 next-gen satellites, promising over 100x […] The post SpaceX Plans to Turn Starlink Into A Major US Mobile Carrier appeared first on Tekedia.

NeoFleet Capital, a Cyprus-based mobility fintech that funds taxi fleets in emerging markets, has raised $4 million in a pre-seed round. The round mixes equity and debt, and Mark Loughran, a former inDrive executive, has joined as President and co-founder; the money will go toward expanding its corporate fleet financing model across emerging markets including […] The post NeoFleet Capital raises $4M pre-seed to finance taxi fleets in Senegal and Côte d’Ivoire appeared first on Tech In Africa.

Amazon’s new Alexa Tablets run Google Play. Here’s which one to buy Amazon's Alexa Tablets run Google Play and cost $229.99 to $499.99. What each costs, what Alexa+ adds without Prime, and which to buy. TechCity

Upgrade your Windows 10 PC now or wait? What rising memory prices mean, plus laptop picks by budget Windows 10 updates now run to Oct. 12, 2027. Whether to upgrade your PC now or wait as memory prices rise, plus laptop picks from $399. TechCity

ChatGPT free users now get GPT-6 Luna. Here’s what changed ChatGPT's free plan now runs GPT-6 Luna, with charts and tools in answers. What changed, how it compares with paid GPT-6 Sol, and what to do. TechCity

The Ethereum ecosystem is facing renewed questions about its long-term security as artificial intelligence advances raise concerns about the protection of cryptographic keys and the mathematical foundations of blockchain technology. Ethereum Foundation researcher Justin Drake has urged the industry to prepare for a potential bunker mode, while Ethereum co-founder Vitalik Buterin has warned that AI-accelerated […] The post Ethereum Security at Risk: Justin Drake Calls for ‘Bunker Mode’ as Vitalik Buterin Warns of AI Threats to Cryptography appeared first on Tekedia.

The cryptocurrency market has come under renewed pressure after US spot Bitcoin exchange-traded funds recorded $484.9 million in net outflows, marking their largest single-day withdrawal in more than three months. The development coincided with approximately $644 million in cryptocurrency long positions being liquidated over a 24-hour period, highlighting growing uncertainty among investors and traders. The […] The post US Spot Bitcoin ETFs Record $484.9 Million Outflow as Crypto Liquidations Reach $644 Million appeared first on Tekedia.

The US bond market is facing renewed pressure as the 10-year Treasury yield rises to 5.35%, its highest level since 2002, while a New York Federal Reserve survey shows that Americans’ one-year inflation expectations have climbed to 3.9%, the highest reading since 2023. The developments highlight growing concerns about persistent inflation, borrowing costs, and the […] The post US 10-Year Treasury Yield Hits Highest Level Since 2002 as Inflation Expectations Rise to 3.9% appeared first on Tekedia.