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AI in Banking sector
Edge computing and AI, powered by faster networks (5G/6G) and advanced hardware, will bring data processing closer to its source, reducing latency and bandwidth use. This will enable faster insights, real-time analytics, and smarter decision-making. Real-time transactions and data processing will enhance responsiveness and efficiency.Conversational banking has emerged in recent years, and advancements in AI
Bitcoin Optimism
Bitcoin holds up very well at $119K-$120K, supported by positive technicals, institutional accumulation and macro fundamental optimism. An upside breakout above the immediate resistance at $123K has the potential to trigger a rally to reach the target at $130K-135K, with the support in the range of between $117K-118K being very important to preserve the bullish
China debuts first e-beam lithography machine
Lithography systems – among the most sophisticated machines ever created are crucial for the mass production of chips, though China remains in the very early stages of developing such tools domestically.China is set to deliver its first domestically developed e-beam lithography tool for commercial use, advancing its chipmaking capabilities and taking a step forward in
DeepSeek delay launch of the new model
DeepSeek had been encouraged by Chinese authorities to use Huawei’s chips instead of US-made Nvidia products after the successful release of its R1 model in January, but the company ran into major issues during the training phase of its R2 model.The Chinese artificial intelligence company DeepSeek has postponed the launch of its latest AI model
Google’s Gemini Models to Oracle Customers
Oracle and Google Cloud have expanded their partnership to offer customers access to Google’s most advanced AI models, starting with Gemini 2.5, via Oracle Cloud Infrastructure (OCI) Generative AI service. Oracle customers can now utilize the latest Gemini models to build AI agents for a wide range of use cases including multimodal understanding, advanced coding
Alaska Meeting between Trump and Putin
The first presidential summit in years between Russia and the United States is on, setting nerves in Europe and Ukraine on a knife’s edge. But President Trump may have a surprise in store for Vladimir Putin. Efforts to scuttle the high-stakes meeting have not been subtle. European officials issued statements in recent days on the
Same day delivery of perishable good by Amazon
Amazon Prime service can now receive strawberries, milk, meats and frozen dinners on the same day they order them as the company expands its fast-delivery option to perishable food items. Previously, Prime subscribers’ grocery orders were fulfilled through Amazon Fresh or Whole Foods. Now the additional service will complete orders through its same-day delivery logistics
YouTube to use AI to determine your age
YouTube no longer trusts your birthdate you entered as your sign up for the service. The video streaming platform is moving to an AI-powered system to identify underaged users, and move them onto teen accounts.The new system rolled out on August 13, which was first announced in July, that allows YouTube to use machine learning
Apple rejects claims by Elon Musk on App Store favoring OpenAI
Apple has rejected Elon Musk’s accusations that its App Store is biased against AI apps that compete with OpenAI. The response comes after Musk threatened to sue Apple via xAI, claiming the iPhone maker was “behaving in a manner that makes it impossible for any AI company besides OpenAI to reach #1 in the App
Mexico expels 26 high-ranking cartels to US
Mexico is expelling 26 high-ranking cartel figures to the United States in the latest major deal with the President Donald Trump‘s administration,Mexico’s Attorney General’s Office and Security ministry confirmed the transfers, which were carried out after a promise from the U.S. Justice Department that U.S. officials would not seek the death penalty in any of