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Business

Mobile AI market set to develop into $39.91 billion industry by 2028
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26 January, 2024

Mobile AI market set to develop into $39.91 billion industry by 2028

At the time of writing, the valuation of the mobile artificial intelligence (AI) market is pegged at $12 billion, with...
Coins.ph eyes expansion in Europe and Latin America
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26 January, 2024

Coins.ph eyes expansion in Europe and Latin America

The Philippines-based Coins.ph plans to expand further its global operations into Europe and Latin America, making its operation present in...
WHO warns of AI risks in healthcare, calls for tighter regulatory framework
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26 January, 2024

WHO warns of AI risks in healthcare, calls for tighter regulatory framework

A proactive approach toward AI regulation offers the best chance to mitigate the associated risks posed by the technology, according...
Egypt eyes CBDC launch by 2030
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26 January, 2024

Egypt eyes CBDC launch by 2030

Designed to run from 2024-2030, the Central Bank of Egypt is expected to pursue a central bank digital currency pilot...
OpenAI’s Sam Altman seeks funds for AI chip factories as demands surge
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25 January, 2024

OpenAI’s Sam Altman seeks funds for AI chip factories as demands surge

As more businesses turn to artificial intelligence, demand for AI chip supply spikes, with OpenAI CEO Sam Altman fearing that...
Canada wants to ban NFTs, restricts digital asset investments for mutual funds
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25 January, 2024

Canada wants to ban NFTs, restricts digital asset investments for mutual funds

Canada’s securities watchdog has published updated guidelines on digital assets for mutual funds, prohibiting investment in or holding digital assets...
On fiduciaries
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25 January, 2024

On fiduciaries

The case of Bitcoin’s original design exemplifies decentralisation because its development, maintenance, and decision-making processes involve a broad and distributed...
Tokenized real-world assets could be a $15 trillion market in a decade
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25 January, 2024

Tokenized real-world assets could be a $15 trillion market in a decade

Outlier Ventures analyst Jasper De Maere has identified asset tokenization as a growth sector starting in 2024, claiming the industry...
Jamaica to finance point-of-sale upgrades in CBDC push
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25 January, 2024

Jamaica to finance point-of-sale upgrades in CBDC push

Jamaica needs to upgrade 50,000 point-of-sale machines to handle its JAM-DEX, and the central bank has pledged to fund the...
China metaverse working group includes tech giants Huawei, Tencent, and Ant Group
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25 January, 2024

China metaverse working group includes tech giants Huawei, Tencent, and Ant Group

The working group comprises of tech giants, including Huawei, Tencent, NetEase, Ant Group, Baidu, and Sense Time, with engineering and...
OneCoin lawyer Mark Scott could face 17 years in US prison, new filings show
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24 January, 2024

OneCoin lawyer Mark Scott could face 17 years in US prison, new filings show

Mark Scott’s lawyers had proposed a five-year term for the disgraced lawyer, but prosecutors are pushing for 17 years “to...
Netherlands four-pillared AI vision comes with $237M price tag
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24 January, 2024

Netherlands four-pillared AI vision comes with $237M price tag

The Dutch government wants to ensure artificial intelligence is trained and used safely and ethically for the well-being of humankind...