Tag: digital economy

Between trips, Uber pilots paid AI data work

Between Trips, Uber Pilots Paid AI Data Work Uber, the ride-hailing giant, is known for its innovative approach to transportation. However, the company is now making headlines for a different reason – paying its drivers for AI data work between trips. While Uber has not disclosed the partners involved in this initiative, it is framing […]

Meta unveils Candle cable to boost Asia-Pacific connectivity

Meta Unveils Candle Cable to Boost Asia-Pacific Connectivity Meta, formerly known as Facebook, is once again making waves in the tech industry with its recent announcement of the Candle cable system. This innovative project aims to significantly enhance connectivity in the Asia-Pacific region by introducing an 8,000-kilometre undersea cable network. Set to be completed by […]

Brazil to host massive AI-ready data centre by RT-One

Brazil to Host Massive AI-Ready Data Centre by RT-One Brazil is set to solidify its position in the global digital economy with the upcoming establishment of a colossal AI-ready data center in Uberlândia. The project, led by RT-One, will see the development of a cutting-edge campus that promises to deliver a staggering 400MW of AI-ready […]

Uzbekistan positions itself as Central Asia’s new AI and technology hub

Uzbekistan Positions Itself as Central Asia’s New AI and Technology Hub Uzbekistan, a country rich in culture and history, is now making waves in the digital realm by positioning itself as Central Asia’s new hub for artificial intelligence (AI) and technology. With a strategic focus on expanding its digital ecosystem, Uzbekistan is embracing the potential […]

Russia pays first salary in digital rubles

Russia Makes History: First Salary Paid in Digital Rubles In a groundbreaking move towards digitization, Russia has marked a historic moment by paying its first salary in digital rubles. This significant step showcases the country’s commitment to embracing the digital economy and exploring the possibilities offered by Central Bank Digital Currency (CBDC). The introduction of […]

Trump resets TikTok clock, extends US sale deadline amid trade talks with China

Trump Resets TikTok Clock, Extends US Sale Deadline Amid Trade Talks with China TikTok has been handed another lifeline. President Donald Trump on Tuesday signed an executive order to reset the clock for TikTok’s parent company, ByteDance, to divest its US operations. The new deadline, which is now 90 days from the order’s signing date, […]

South Korea to sharply increase spending to power AI-based growth

South Korea to Boost AI Spending for Economic Growth In a bid to stimulate economic growth and foster innovation, South Korea is set to significantly increase its spending on artificial intelligence (AI). With the country’s economy facing pressure, the government in Seoul has put forth a bold proposal to allocate a substantial budget of 728 […]

South Korea unveils five-year AI blueprint for ‘super-innovation economy’

South Korea’s Ambitious Plan: Investing $71 Billion in AI to Foster ‘Super-Innovation Economy’ South Korea, known for its technological advancements and innovative strategies, is set to embark on a transformative journey towards establishing a ‘super-innovation economy’ powered by artificial intelligence (AI). The East Asian nation has recently unveiled an ambitious five-year blueprint that outlines a […]

US firm’s first-of-its-kind nuclear reactor gets funding boost to power data centers

US firm’s first-of-its-kind nuclear reactor gets funding boost to power data centers Advanced nuclear firm Aalo Atomics announced it has secured $100 million in new capital, propelling its groundbreaking nuclear reactor technology closer to reality. This significant funding boost is set to revolutionize the way data centers are powered, offering a clean, efficient, and reliable […]

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