Record profits and year-on-year revenue growth above 60 percent have put Nvidia at the centre of debate over whether the surge in AI spending signals a bubble or a long-term boom.
CEO Jensen Huang and CFO Colette Kress dismissed concerns about the bubble, highlighting strong demand and expectations of around $65 billion in revenue for the next quarter.
Executives forecast global AI infrastructure spending could reach $3–4 trillion annually by the end of the decade as both generative AI and traditional cloud computing workloads increasingly run on GPUs.
Widespread adoption by major partners, including Meta, Anthropic and Salesforce, suggests lasting momentum rather than short-term hype.
Analysts generally agree that Nvidia’s performance remains robust, but questions persist over the sustainability of heavy investment in AI. Investors continue to monitor whether Big Tech can maintain this pace and if highly leveraged customers might expose Nvidia to future risks.
Would you like to learn more about AI, tech, and digital diplomacy? If so, ask our Diplo chatbot!
Ireland faces mounting pressure over soaring electricity use from data centres clustered around Dublin. Facilities powering global tech giants have grown into a major energy consumer, accounting for over a fifth of national demand.
The load could reach 30 percent by 2030 as expanding cloud and AI services drive further growth. Analysts warn that rising consumption threatens climate commitments and places significant strain on grid stability.
Campaigners argue that data centres monopolise renewable capacity while pushing Ireland towards potential EU emissions penalties. Some local authorities have already blocked developments due to insufficient grid capacity and limited on-site green generation.
Sector leaders fear stalled projects and uncertain policy may undermine Ireland’s role as a digital hub. Investment risks remain high unless upgrades, clearer rules and balanced planning reduce the pressure on national infrastructure.
Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!
Waymo has received regulatory approval from the California Department of Motor Vehicles to deploy its fully autonomous vehicles across significantly more territory.
In the Bay Area, the newly permitted regions include much of the East Bay, the North Bay (including Napa), and the Sacramento area. In Southern California, Waymo’s newly approved zone stretches from Santa Clarita down to San Diego.
While this approval allows for driverless operation, Waymo still requires additional regulatory clearances before it can begin carrying paying passengers in certain parts of the expansion area. The company says it plans to start welcoming riders in San Diego by mid-2026.
From a policy and urban mobility perspective, this marks a significant milestone for Waymo, laying the groundwork for a truly statewide robotaxi network. It will be essential to monitor how this expansion interacts with local transit planning, safety regulation, and infrastructure demands.
Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!
The European Commission has approved €450 million in Czech support for a new integrated Onsemi semiconductor facility in Rožnov pod Radhoštěm.
A project that will help strengthen Europe’s technological autonomy by advancing Silicon Carbide power device production instead of relying on non-European manufacturing.
The Czech Republic plans to back a €1.64 billion investment that will create the first EU facility covering every stage from crystal growth to finished components. These products will be central to electric vehicles, fast charging systems and renewable energy technologies.
Onsemi has agreed to contribute new skills programmes, support the development of next-generation 200 mm SiC technology and follow priority-rated orders in future supply shortages.
The Commission reviewed the measure under Article 107(3)(c) of the Treaty on the Functioning of the EU and concluded that the aid is necessary, proportionate and limited to the minimum required to trigger the investment.
In a scheme that addresses a segment of the semiconductor market where the EU lacks sufficient supply, which improves resilience rather than distorts competition.
The facility is expected to begin commercial activity by 2027 and will support the wider European semiconductor ecosystem.
Would you like to learn more aboutAI, tech and digital diplomacy? If so, ask our Diplo chatbot!
A senior UN official has praised the Arab Digital Economy vision backed by President Sheikh Mohamed bin Zayed, calling it a leading regional model for accelerating digital development.
The initiative, adopted by the Arab League, was described as a significant milestone for collective progress, rather than fragmented national efforts.
Speaking at the Knowledge Summit in Dubai, Dr Abdallah Al Dardari noted that the UAE has secured a central position in global and regional technological advancements through forward-looking policies and a strong commitment to innovation.
He argued that the country’s digital achievements provide an ideal foundation for Arab nations aiming to strengthen their own digital ecosystems.
Moreover, he highlighted the UAE’s combination of advanced infrastructure, modern legislation and innovation-friendly conditions, adding that its experience offers valuable guidance for states working to build integrated digital economies that can respond to rapid global change.
Dr Al Dardari concluded that the UAE’s role in driving regional and international development offers a model for a future economy shaped by knowledge and technology, rather than traditional growth approaches.
Would you like to learn more aboutAI, tech and digital diplomacy? If so, ask our Diplo chatbot!
Nokia has announced a $4 billion expansion of its US research, development, and manufacturing operations to accelerate AI-ready networking technologies. The move builds on Nokia’s earlier $2.3 billion US investment via Infinera and semiconductor manufacturing plans.
The expanded investment will support mobile, fixed access, IP, optical, data centre networking, and defence solutions. Approximately $3.5 billion will be allocated for R&D, with $500 million dedicated to manufacturing and capital expenditures in Texas, New Jersey, and Pennsylvania.
Nokia aims to advance AI-optimised networks with enhanced security, productivity, and energy efficiency. The company will also focus on automation, quantum-safe networks, semiconductor testing, and advanced material sciences to drive innovation.
Officials highlight the strategic impact of Nokia’s US investment. Secretary of Commerce Howard Lutnick praised the plan for boosting US tech capacity, while CEO Justin Hotard said it would secure the future of AI-driven networks.
Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!
Cyber Express reports that compromised VPN credentials are now the most common method for ransomware attackers to gain entry. In Q3 2025, nearly half of all ransomware incidents began with valid, stolen VPN logins.
The analysis, based on data from Beazley Security (the insurance arm of Beazley), reveals that threat actors are increasingly exploiting remote access tools, rather than relying solely on software exploits or phishing.
Notably, VPN misuse accounted for more initial access than social engineering, supply chain attacks or remote desktop credential compromises.
One contributing factor is that many organisations do not enforce multi-factor authentication (MFA) or maintain strict access controls for VPN accounts. Cyber Express highlights that this situation underscores the ‘critical need’ for MFA and for firms to monitor for credential leaks on the dark web.
The report also mentions specific ransomware groups such as Akira, Qilin and INC, which are known to exploit compromised VPN credentials, often via brute-force attacks or credential stuffing.
From a digital-security policy standpoint, the trend has worrying implications. It shows how traditional perimeter security (like VPNs) is under pressure, and reinforces calls for zero-trust architectures, tighter access governance and proactive credentials-monitoring.
Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!
Security researchers have confirmed that the Ultralytics YOLO library was hijacked in a supply-chain attack, where attackers injected malicious code into the PyPI-published versions 8.3.41 and 8.3.42. When installed, these versions deployed the XMRig cryptominer.
The compromise stemmed from Ultralytics’ continuous-integration workflow: by exploiting GitHub Actions, the attackers manipulated the automated build process, bypassing review and injecting cryptocurrency mining malware.
The maintainers quickly removed the malicious versions and released a clean build (8.3.43); however, newer reports suggest that further suspicious versions may have appeared.
This incident illustrates the growing risk in AI library supply chains. As open-source AI frameworks become more widely used, attackers increasingly target their build systems to deliver malware, particularly cryptominers.
Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!
The report was unveiled in Dhaka with representatives from government, international organisations, academia, civil society and the private sector. Officials described the assessment as a pivotal step as the country prepares for an increasingly AI-driven era.
The report outlines Bangladesh’s current strengths, including solid progress in e-government and high public trust in digital services, while also identifying areas requiring urgent attention.
Connectivity gaps, digital divides, limited computing capacity and the need for stronger data protection and cybersecurity remain key challenges. Policymakers noted that evidence-based decisions are essential as Bangladesh completes its National AI Policy.
International partners highlighted that the direction of AI development will depend heavily on choices made today. Strengthening digital infrastructure, improving skills, and building rights-driven governance structures were cited as central to ensuring AI benefits all communities.
Stakeholders also stressed the importance of using AI to improve services across health, education, justice and social protection without deepening existing inequalities.
Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!
Google has launched an AI Skilling Blueprint for Africa, activating a $7.5 million commitment to support expert local organisations in training talent. An additional $2.25 million will be used to modernise public data infrastructure.
The initiative aims to address the continent’s widening AI skills gap, where over half of businesses report the biggest barrier to growth is a shortage of qualified professionals.
The framework identifies three core groups for development. AI Learners build foundational AI skills, AI Implementers upskill professionals across key sectors, and AI Innovators develop experts and entrepreneurs to create AI solutions suited to African contexts.
Partner organisations include FATE Foundation, the African Institute for Mathematical Sciences, JA Africa and the CyberSafe Foundation.
Complementing talent development, the initiative supports the creation of a Regional Data Commons through funding from Google.org and the Data Commons initiative, in partnership with UNECA, UN DESA and PARIS21.
High-quality, trustworthy data will enable African institutions to make informed decisions, drive innovation in public health, food security, economic planning, and ultimately strengthen a sustainable AI ecosystem across the continent.
Would you like to learn more about AI, tech and digital diplomacy? If so, ask our Diplo chatbot!
