Development Archives | Page 203 of 547 | Digital Watch Observatory

Crypto hiring snaps back as AI cools

Tech firms led crypto’s hiring rebound, adding over 12,000 roles since late 2022, according to A16z’s State of Crypto 2025. Finance and consulting contributed 6,000, offsetting talent pulled into AI after ChatGPT’s debut. Net, crypto gained 1,000 positions as workers rotated in from tech, fintech, and education.

The recovery tracks a market turn: crypto capitalisation topping US$4T and new Bitcoin highs. A friendlier US policy stance on stablecoins and digital-asset oversight buoyed sentiment. Institutions from JPMorgan to BlackRock and Fidelity widened offerings beyond pilots.

Hiring is diversifying beyond developers toward compliance, infrastructure, and product. Firms are moving from proofs of concept to production systems with clearer revenue paths. Result: broader role mix and steadier talent pipelines.

A16z contrasts AI centralisation with crypto’s open ethos. OpenAI/Anthropic dominate AI-native revenue; big clouds hold most of the infrastructure share; NVIDIA leads GPUs. Crypto advocates pitch blockchains as a counterweight via verifiable compute and open rails.

Utility signals mature, too. Stablecoins settled around US$9T in 12 months, up 87% year over year. That’s over half of Visa’s annual volume and five times that of PayPal’s.

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Kazakhstan to achieve full Internet access for all citizens by 2027

Kazakhstan aims to provide Internet access to its entire population by 2027 as part of the national ‘Affordable Internet’ project.

Deputy Prime Minister and Minister of AI and Digital Development Zhaslan Madiyev outlined the country’s digital transformation goals during a government session, highlighting plans to eliminate digital inequality and expand broadband connectivity.

Over one trillion tenge has been invested in telecommunications in the past three years, bringing average Internet speeds to 94 Mbps. By 2027, Kazakhstan expects to achieve 100% Internet coverage, speeds above 100 Mbps, and fiber-optic access for 90% of rural settlements.

Currently, 84% of villages already have mobile Internet, and 2,606 are connected to main fibre-optic lines.

The plan includes 4G coverage for 92% of settlements, 5G deployment in 20 cities, and 4G connectivity across 40,000 km of highways. Satellite Internet will reach 504 remote villages by 2025.

Madiyev also noted Kazakhstan’s strategic role in global data transit, with projects such as the Caspian Sea undersea fibre-optic line aiming to raise its share of international traffic from 1.5% to 5% by 2027.

An initiative that supports Kazakhstan’s ambition to become a regional IT hub by 2030, with the number of IT racks set to grow from 4,000 to 20,000, and at least nine Tier III-IV data centres planned.

The country has also launched the National Supercomputer Center ‘alem.cloud’ and the ‘Al-Farabium’ tech cluster to strengthen its digital ecosystem.

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CMC pegs JLR hack at £1.9bn with 5,000 firms affected

JLR’s cyberattack is pegged at £1.9bn, the UK’s costliest on record. Production paused for five weeks from 1 September across Solihull, Halewood, and Wolverhampton. CMC says 5,000 firms were hit, with full recovery expected by January 2026.

JLR is restoring manufacturing in phases and declined to comment on the estimate. UK dealer systems were intermittently down, orders were cancelled or delayed, and suppliers faced uncertainty. More than half of the losses fall on JLR; the remainder hits its supply chain and local economies.

The CMC classed the incident as Category 3 on its five-level scale. Chair Ciaran Martin warned organisations to harden critical networks and plan for disruption. The CMC’s assessment draws on public data, surveys, and interviews rather than on disclosed forensic evidence.

Researchers say costs hinge on the attack type, which JLR has not confirmed. Data theft is faster to recover than ransomware; wiper malware would be worse. A claimed hacker group linked to earlier high-profile breaches is unverified.

The CMC’s estimate excludes any ransom, which could add tens of millions of dollars. Earlier this year, retail hacks at M&S, the Co-op, and Harrods were tagged Category 2. Those were pegged at £270m–£440m, below the £506m cited by some victims.

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Europa chip by Axelera targets NVIDIA’s grip on AI accelerators

Axelera AI has introduced Europa, a new processor built to run modern AI apps on everything from small edge devices to full servers. It focuses on practical speed and low power use. The aim is to offer NVIDIA-rivaling performance without data centre-level budgets.

Inside are eight AI cores that do the heavy lifting, positioned to challenge NVIDIA’s lead in real-world inference. Helper processors handle setup and cleanup so the main system isn’t slowed down. A built-in video decoder offloads common media jobs.

Europa pairs fast on-chip memory with high-bandwidth external memory to cut common AI slowdowns. Axelera says this beats NVIDIA on speed per watt and per dollar in everyday inference. The payoff is cooler, smaller, more affordable deployments.

It ships as a tiny 35×35 mm module or as PCIe accelerator cards that scale up. That’s the same slot where NVIDIA cards often sit today. A built-in secure enclave protects sensitive data.

Research and industry partners are lining up pilots, casting Europa as a real NVIDIA rival. Early names include SURF, Cineca, Ultralytics, Advantech, SECO, Multiverse Computing, and E4. Axelera targets the first half of 2026 for chips and cards.

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USB inventor and Phison CEO warns of an AI storage crunch

Datuk Pua Khein-Seng, inventor of the single-chip USB flash drive and CEO of Phison, warns that AI machines will generate 1,000 times more data than humans. He says the real bottleneck isn’t GPUs but memory, foreshadowing a global storage crunch as AI scales.

Speaking at GITEX Global, Pua outlined Phison’s focus on NAND controllers and systems that can expand effective memory. Adaptive tiering across DRAM and flash, he argues, will ease constraints and cut costs, making AI deployments more attainable beyond elite data centres.

Flash becomes the expansion valve: DRAM stays scarce and expensive, while high-end GPUs are over-credited for AI cost overruns. By intelligently offloading and caching to NAND, cheaper accelerators can still drive useful workloads, widening access to AI capacity.

Cloud centralisation intensifies the risk. With the US and China dominating the AI cloud market, many countries lack the capital and talent to build sovereign stacks. Pua calls for ‘AI blue-collar’ skills to localise open source and tailor systems to real-world applications.

Storage leadership is consolidating in the US, Japan, Korea, and China, with Taiwan rising as a fifth pillar. Hardware strength alone won’t suffice, Pua says; Taiwan must close the AI software gap to capture more value in the data era.

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Suzanne Somers lives on in an AI twin

Alan Hamel says he’s moving ahead with a ‘Suzanne AI Twin’ to honor Suzanne Somers’ legacy. The project mirrors plans the couple discussed for decades. He shared an early demo at a recent conference.

Hamel describes the prototype as startlingly lifelike. He says side-by-side, he can’t tell real from AI. The goal is to preserve Suzanne’s voice, look, and mannerisms.

Planned uses include archival storytelling, fan Q&As, and curated appearances. The team is training the model on interviews, performances, and writings. Rights and guardrails are being built in.

Supporters see a new form of remembrance. Critics warn of deepfake risks and consent boundaries. Hamel says fidelity and respect are non-negotiable.

Next steps include wider testing and a controlled public debut. Proceeds could fund causes Suzanne championed. ‘It felt like talking to her,’ Hamel says.

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DeepSeek dominates AI crypto trading challenge

Chinese AI model DeepSeek V3.1 has outperformed its global competitors in a real-market cryptocurrency trading challenge, earning over 10 per cent profit in just a few days.

The experiment, named Alpha Arena, was launched by US research firm Nof1 to test the investing skills of leading LLMs.

Each participating AI was given US$10,000 to trade in six cryptocurrency perpetual contracts, including bitcoin and solana, on the decentralised exchange Hyperliquid. By Tuesday afternoon, DeepSeek V3.1 led the field, while OpenAI’s GPT-5 trailed behind with a loss of nearly 40 per cent.

The competition highlights the growing potential of AI models to make autonomous financial decisions in real markets.

It also underscores the rivalry between Chinese and American AI developers as they push to demonstrate their models’ adaptability beyond traditional text-based tasks.

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UN advances human rights-focused economic metrics

The UN is developing new economic indicators to complement gross domestic product (GDP) as a measure of progress. A 14-member expert group, appointed by the UN Secretary-General, is creating metrics that reflect social well-being, equality, and environmental sustainability.

Their proposals, to be presented to the UN General Assembly in 2026, could reshape how governments assess success and guide future economic policies.

UN agencies, in collaboration with Chile, Honduras, Mexico, and Spain, are working to embed human rights into these new metrics. The initiative focuses on areas such as economic inequality, public social spending, environmental impact, gender equality, and labour rights, aiming to shift economic systems toward fairness, participation, and care for the planet.

Deputy High Commissioner for Human Rights, Nada Al-Nashif, emphasised that these efforts are about rethinking economic systems to ensure they measure what truly matters for people and the environment.

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MIT unveils SEAL, a self-improving AI model

Researchers at the Massachusetts Institute of Technology (MIT) have unveiled SEAL, a new AI model capable of improving its own performance without human intervention. The framework allows the model to generate its own training data and fine-tuning instructions, enabling it to learn new tasks autonomously.

The model employs reinforcement learning, a method in which it tests different strategies, evaluates their effectiveness, and adjusts its internal processes accordingly. This allows SEAL to refine its capabilities and increase accuracy over time.

In trials, SEAL outperformed GPT-4.1 by learning from the data it generated independently. The results demonstrate the potential of self-improving AI systems to reduce reliance on manually curated datasets and human-led fine-tuning.

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Scouts can now earn AI and cybersecurity badges

In the United States, Scouting America, formerly known as the Boy Scouts, has introduced two new merit badges in AI and cybersecurity. The badges give scouts the opportunity to explore modern technology and understand its applications, while the organisation continues to adapt its programs to a digital era. Scouting America has around a million members and offers hundreds of merit badges across a wide range of skills.

The AI badge challenges scouts to examine AI’s effects on daily life, study deepfakes, and complete projects that demonstrate AI concepts. The cybersecurity badge teaches practical tools to stay safe online, emphasises ethical behaviour, and introduces scouts to a career field with thousands of unfilled positions.

Earlier this year, Scouting America launched Scoutly, an AI-powered chatbot designed to answer questions about the organisation and its merit badges. The initiative is part of Scouting America’s broader effort to modernise its programs and prepare young people for opportunities in an increasingly digital world.

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