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The Financial Freedom Act could allow Americans to invest retirement funds in crypto
Apr 02,2025
,US Senator Tommy Tuberville is set to reintroduce the Financial Freedom Act. The bill would enable Americans to invest their retirement funds in cryptocurrencies. Tuberville emphasised that the US is a 'country of freedom.' He criticised the previou...
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Alphawave acquisition eyed by arm for AI advancements
Apr 02,2025
,Arm Holdings, owned by SoftBank, recently considered acquiring UK-based semiconductor IP supplier Alphawave to bolster its artificial intelligence processor technology. The focus was on Alphawave's 'serdes' technology, essential for rapid data trans...
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Hut 8 launches American Bitcoin Corp. with Eric and Donald Trump Jr.
Apr 01,2025
,Hut 8 Corp.has unveiled the launch of American Bitcoin Corp., a new venture focused on large-scale Bitcoin mining. The venture is in collaboration with Eric and Donald Trump Jr. The goal is to become the largest and most efficient pure-play Bitcoin ...
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Quantum chip network boosts data security
Mar 28,2025
Chinese scientists have developed a compact chip-based quantum digital signature network that drastically improves both speed and efficiency. The system replaces bulky, expensive equipment with streamlined silicon chips, making it easier to integrate...
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SoftBank leads massive investment in OpenAI
Mar 28,2025
OpenAI is reportedly finalising a$40 billion funding round led by SoftBank, potentially pushing its valuation to$300 billion. Other major investors, including Magnetar Capital and Coatue Management, are also in talks to join. SoftBank is expected to ...
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Nvidia boosts AI strategy with Lepton deal
Mar 28,2025
Nvidia is reportedly close to acquiring Lepton AI, a startup that rents out servers powered by Nvidia's AI chips. The deal, said to be worth several hundred million dollars, would mark Nvidia's entry into the server rental space. Founded just two yea...
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French tech giant bets on US expansion
Mar 27,2025
Schneider Electric has announced plans to invest more than$700 million into its US operations over the next two years to support the rising energy demands driven by AI technology. The French firm aims to boost manufacturing capacity and enhance the c...
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Tech investors shift focus to AI adopters over hardware makers
Mar 27,2025
European companies investing heavily in generative AI must start delivering returns by next year or risk losing investor confidence. While AI stocks have seen significant interest, recent market volatility and recession fears have led to a shift in i...
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India demands $601 million from Samsung
Mar 26,2025
Samsung, the largest smartphone manufacturer in India, is under pressure from the Indian government over an alleged tax evasion involving telecom equipment imports. Authorities claim the company dodged import tariffs between 2018 and 2021 by misclass...
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PsiQuantum targets functional quantum machine by 2029
Mar 26,2025
Quantum computing firm PsiQuantum is reportedly raising at least$750 million in a new funding round led by BlackRock, pushing the startup's pre-money valuation to$6 billion. The round remains ongoing, but it signals strong investor confidence in PsiQ...
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Samsung loses Qualcomm chip deal
Mar 26,2025
Qualcomm is reportedly passing over Samsung for its upcoming Snapdragon 8s Gen 4 chip, choosing instead to stick with Taiwan's TSMC for manufacturing. Despite Samsung's proven 4nm process and efforts to regain market confidence, Qualcomm appears hesi...
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Chinese refiners hesitate as US targets Venezuela oil buyers
Mar 26,2025
Chinese oil traders and refiners have temporarily halted purchases of Venezuelan crude after the United States threatened to impose 25% tariffs on countries importing from Caracas. The sudden announcement by President Donald Trump created uncertainty...
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