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DeepSeek delays next AI model amid Huawei chip challenges
Aug 15,2025
Chinese AI company DeepSeek has postponed the launch of its R2 model after repeated technical problems using Huawei's Ascend processors for training. The delay highlights Beijing's ongoing struggle to replace US-made chips with domestic alternatives....
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Apple plans Siri upgrade with AI robots and smart displays
Aug 15,2025
A tabletop robot, expected by 2027, could follow users around with a moving display and an animated voice assistant. Apple previewed this concept in research earlier this year, showing a dancing robot mimicking user movement. Siri may soon take on a ...
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India pushes for safe AI use in financial sector
Aug 15,2025
India's central bank has proposed a national framework to guide the ethical and responsible use of AI in the financial sector. The committee, set up by the Reserve Bank of India in December 2024, has made 26 recommendations across six focus areas, in...
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Employees trust managers less when emails use AI
Aug 15,2025
A new study has revealed that managers who use AI to write emails are often viewed as less sincere by their staff. Acceptance improved for emails focused on factual information, where employees were more forgiving of AI involvement. Researchers found...
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Norway's sovereign fund gains indirect access to Bitcoin
Aug 14,2025
Norway's sovereign wealth fund has significantly increased its indirect Bitcoin exposure. The world's largest fund's holdings in Bitcoin proxies have surged by 192% over the past year. Unable to hold cryptocurrencies directly due to investment restri...
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Bitcoin surges to a new all-time high above $124,000
Aug 14,2025
Bitcoin has secured a new all-time high, with its price momentarily climbing above USD 124,000 and capturing headlines again. The milestone has solidified its upward trajectory, even with modest daily gains. At the same time, Ethereum has also experi...
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Meta leads booming AI smart glasses market in first half of 2025
Aug 13,2025
According to Counterpoint Research, global shipments of smart glasses more than doubled in the first half of 2025, fuelled by soaring demand for AI-powered models. The segment accounted for 78% of shipments, outpacing basic audio-enabled smart frames...
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Russia to phase out Mastercard and Visa
Aug 13,2025
The Bank of Russia is preparing to phase out Mastercard and Visa cards and to switch to the domestic Mir payment system. Authorities plan a gradual timeline for banks to replace international cards, letting consumers switch at their own pace while ke...
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Nvidia holds record share of S&P 500
Aug 13,2025
Nvidia now accounts for more than 8% of the S&P 500, the largest share ever held by a single stock since records began in 1981. The company's market value reached about$4.5 trillion on Monday, driven by unprecedented demand for its AI chips. Its ...
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eBay uses AI to attract more marketplace sellers
Aug 13,2025
eBay is introducing a new AI-powered feature to help sellers respond to buyer questions, continuing its AI strategy to streamline selling. Over 10 million sellers have used these tools to create over 200 million listings, with about 500,000 AI-assist...
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Anthropic adds recall ability to Claude
Aug 13,2025
Anthropic has added a user-triggered memory function to its Claude chatbot, allowing it to search and summarise previous chats on request. The feature helps users resume projects without repeating themselves. The upgrade works across web, desktop and...
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Bitcoin jumps after US delays China tariffs deadline
Aug 12,2025
US President Donald Trump has extended the pause on tariffs against Chinese goods by 90 days, postponing the deadline initially set for 12 August. The announcement triggered a sharp rise in Bitcoin's price, which climbed to nearly$119,800 before retu...
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