JPMorgan Strategy Boosts Bitcoin as Standard Chartered Warns of Market Correction
Bitcoin’s price action and institutional engagement continue to dominate headlines, as JPMorgan Chase deepens its involvement in cryptocurrency finance, while Standard Chartered issues a cautionary note about a potential market correction.
JPMorgan to Accept Crypto-Backed ETFs as Loan Collateral, Signaling Institutional Support for Digital Assets
JPMorgan Chase & Co., the largest bank in the United States, has announced a groundbreaking move to allow trading and wealth management clients to use cryptocurrency-linked exchange-traded funds (ETFs) as collateral for loans. This development marks a significant step toward institutional adoption of digital assets and reflects growing confidence in the long-term viability of blockchain-based financial products.
Amazon to Test Humanoid Robots for Deliveries in New San Francisco Facility
Amazon is reportedly preparing to test humanoid robots for package delivery, a potential game-changer in the logistics industry. According to a report by The Information, the tech giant is developing advanced AI software to power these robots, which may one day replace human delivery workers.
Nigeria Commissions Digital Innovation Park to Drive $1 Trillion Tech-Driven Economy
The Federal Government of Nigeria has officially commissioned the Nigerian Communications Commission (NCC) Digital Innovation Park in Abeokuta, Ogun State, marking a major step toward achieving a $1 trillion digital economy
Elon Musk Projects $15.5 Billion Revenue for SpaceX in 2025 as Commercial Space Dominance Grows
SpaceX, the aerospace giant founded by Elon Musk, is projected to hit $15.5 billion in revenue in 2025, highlighting its increasing dominance in the global commercial space industry. Musk shared the ambitious forecast in a post on X (formerly Twitter), positioning SpaceX as a key player not just in launches but also in global satellite internet services.
Brookfield Asset Management to Invest $10 Billion in AI Data Centre in Sweden
Brookfield Asset Management (BAM) is set to make a monumental investment in artificial intelligence infrastructure by committing up to 95 billion Swedish crowns ($9.91 billion) to build a state-of-the-art AI data centre in Strängnäs, a city located west of Stockholm, Sweden.
Nokia, Nvidia, and European Defence Firms Launch EU-Funded Drone Project to Protect Critical Infrastructure
A powerful consortium of more than 42 organisations led by Nokia has launched a European Union-funded drone infrastructure oversight project. The initiative aims to protect and boost the resilience of Europe’s critical infrastructure, including power grids, ports, railways, and power plants, by leveraging cutting-edge drone technology.
Nigeria and UNICEF Partner to Train 20 Million Youths in Digital Skills by 2030
The Federal Government of Nigeria has reaffirmed its commitment to digital transformation and youth empowerment through a strategic partnership with the United Nations International Children’s Emergency Fund (UNICEF). The initiative aims to train 20 million Nigerian youths in digital skills by 2030 under the flagship program Generation Unlimited Nigeria (GenU 9JA).
Russia to Deploy Homegrown Gigachat AI Model on International Space Station
Russia is set to integrate its domestically developed Gigachat AI model into the International Space Station (ISS), marking a significant step in the country’s efforts to advance artificial intelligence in space exploration. The announcement was made by Roscosmos chief Dmitry Bakanov during a technology conference in Moscow on Tuesday.
Meta Strikes Nuclear Power Deal with Constellation to Support Illinois Reactor for 20 More Years
Meta Platforms Inc. has signed a groundbreaking agreement with Constellation Energy to support the long-term operation of the Clinton Clean Energy Centre, a nuclear power plant in Illinois. This marks Meta’s first direct power purchase agreement (PPA) with a nuclear facility, as Big Tech intensifies efforts to secure clean, reliable energy for growing AI and data centre demands.
