OpenAI is preparing to build a significant new data centre in India as part of its Stargate AI infrastructure initiative. The move will expand the company’s presence in Asia and strengthen its operations in its second-largest market by user base.
OpenAI has already registered as a legal entity in India and begun assembling a local team.
The company plans to open its first office in New Delhi later this year. Details regarding the exact location and timeline of the proposed data centre remain unclear, though CEO Sam Altman may provide further information during his upcoming visit to India.
The project represents a strategic step to support the company’s growing regional AI ambitions.
OpenAI’s Stargate initiative, announced by US President Donald Trump in January, involves private sector investment of up to $500 billion for AI infrastructure, backed by SoftBank, OpenAI, and Oracle.
The initiative seeks to develop large-scale AI capabilities across major markets worldwide, with the India data centre potentially playing a key role in the efforts.
The expansion highlights OpenAI’s focus on scaling its AI infrastructure while meeting regional demand. The company intends to strengthen operational efficiency, improve service reliability, and support its long-term growth in Asia by establishing local offices and a significant data centre.
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SK Telecom has expanded its partnership with Schneider Electric to develop an AI Data Centre (AIDC) in Ulsan.
Under the deal, Schneider Electric will supply mechanical, electrical and plumbing equipment, such as switchgear, transformers, automated control systems and Uninterruptible Power Supply units.
The agreement builds on a partnership announced at Mobile World Congress 2025 and includes using Schneider’s Electrical Transient Analyser Program within SK Telecom’s data centre management system.
It will allow operations to be optimised through a digital twin model instead of relying only on traditional monitoring tools.
Both companies have also agreed on prefabricated solutions to shorten construction times, reference designs for new facilities, and joint efforts to grow the Energy-as-a-Service business.
A Memorandum of Understanding extends the partnership to other SK Group affiliates, combining battery technologies with Uninterruptible Power Supply and Energy Storage Systems.
Executives said the collaboration would help set new standards for AI data centres and create synergies across the SK Group. It is also expected to support SK Telecom’s broader AI strategy while contributing to sustainable and efficient infrastructure development.
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Analyst Jordi Visser warns AI could make traditional stocks obsolete by speeding up innovation, making public companies inefficient investments. He said Bitcoin is a longer-lasting investment, based on belief rather than fleeting corporate ideas.
Visser suggested that AI could compress a century of innovation into just five years, reshaping finance and capital markets. He believes investors will prefer belief assets like Bitcoin, noting its long-term resilience mirrors gold’s role as a store of value.
Momentum behind Bitcoin adoption is also gathering elsewhere. Eric Trump told the Bitcoin Asia 2025 conference that the cryptocurrency could reach $1 million as nation states, companies, and wealthy families add it to their reserves.
Public firms are shifting business models to hold Bitcoin directly, diverting capital from traditional equity markets.
Bitcoin’s market capitalisation currently exceeds $2.1 trillion, and some analysts predict it could surpass gold in the decades ahead. Its global, yield-generating design in DeFi could help Bitcoin surpass gold as a store of value.
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Tether has suspended its plan to freeze USDT smart contracts on five blockchains after feedback from community members. The stablecoin will remain transferable on these networks, but can no longer be issued or redeemed.
The decision affects Omni Layer, Algorand, EOS, Bitcoin Cash SLP, and Kusama. Omni Layer is most impacted, holding nearly $83 million in USDT. EOS carries around $4.2 million, while the other chains have less than $1 million combined.
Tether said it will focus on blockchains with strong adoption and developer activity, such as Ethereum and Tron, which hold over $150 billion in USDT. BNB Chain, Solana, and Ethereum layer-2 networks also play key roles in the stablecoin market.
The move comes as stablecoins gain fresh momentum following US President Donald Trump’s signing of the GENIUS Act. Analysts expect the law to strengthen dollar-pegged stablecoins globally, with forecasts suggesting the market could reach $2 trillion by 2028.
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Security researchers have warned Salesforce customers after hackers stole data by exploiting OAuth access tokens linked to the Salesloft Drift integration, highlighting critical cybersecurity flaws.
Google’s Threat Intelligence Group (GTIG) reported that the threat actor UNC6395 used the tokens to infiltrate hundreds of Salesforce environments, exporting large volumes of sensitive information. Stolen data included AWS keys, passwords, and Snowflake tokens.
Experts warn that compromised SaaS integrations pose a central blind spot, since attackers inherit the same permissions as trusted apps and can often bypass multifactor authentication. Investigations are ongoing to determine whether connected systems, such as AWS or VPNs, were also breached.
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The company is engaging thousands of visitors, including farmers and policymakers, by spotlighting digital inclusive finance, insurance and smart infrastructure innovations.
The display features EcoCash mobile payments, Moovah Insurance for agricultural and business risks, and digital entertainment platforms. A standout addition is Econet’s smart water metres, which provide real-time monitoring to help farmers and utilities manage water use, minimise waste and support sustainable development in agriculture.
Econet emphasises that these solutions reinforce its vision of empowering communities through accessible technology. Smart infrastructure and financial tools are presented as vital enablers for productivity, resilience and economic inclusion in Zimbabwe’s agricultural sector.
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Led by CEO Nick Lahoika, the company has scaled rapidly, achieving upwards of 4 million downloads and serving approximately 160,000 active users.
Vocal Image positions itself as an affordable, mobile-first alternative to traditional one-on-one voice training, rooted in Lahoika’s own journey overcoming speaking anxiety.
The app’s design enables users to practice at home with privacy and convenience, offering daily, bite-sized lessons informed by AI that assess strengths, suggest improvements and nurture confidence with no need for human instructors.
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A hacker exploited Anthropic’s Claude chatbot to automate one of the most extensive AI-driven cybercrime operations yet recorded, targeting at least 17 companies across multiple sectors, the firm revealed.
According to Anthropic’s report, the attacker used Claude Code to identify vulnerable organisations, generate malicious software, and extract sensitive files, including defence data, financial records, and patients’ medical information.
The chatbot then sorted the stolen material, identified leverage for extortion, calculated realistic bitcoin demands, and even drafted ransom notes and extortion emails on behalf of the hacker.
Victims included a defence contractor, a financial institution, and healthcare providers. Extortion demands reportedly ranged from $75,000 to over $500,000, although it remains unclear how much was actually paid.
Anthropic declined to disclose the companies affected but confirmed new safeguards are in place. The firm warned that AI lowers the barrier to entry for sophisticated cybercrime, making such misuse increasingly likely.
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Analysts suggest Bitcoin’s current bull cycle may reach new highs of $150,000 by December 2025, driven by supply scarcity and sustained institutional holdings. The growth is expected to be slower than previous cycles but could extend into early 2026.
Technical analysis shows that each successive cycle delivers smaller gains. While early cycles saw increases of 61%, 42%, and 35%, the current cycle may peak at 27%.
Experts argue that a deceleration in growth often results in longer-lasting uptrends rather than signalling an end to momentum.
Liquidity data points to further upside potential. Bitcoin held in long-term storage has returned to historically high levels, reducing the amount available for trading. Analysts warn that scarcity may boost prices, but sudden large sell-offs could push Bitcoin down to $90,000–$100,000.
The debate continues over the timing and duration of the cycle. Some experts say the bull run is nearly over, while others believe institutional activity is changing the traditional four-year halving cycle.
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China has set its most ambitious AI adoption targets yet, aiming to embed the technology across industries, governance, and daily life within the next decade.
According to a new State Council directive, AI use should reach 70% of the population by 2027 and 90% by 2030, with a complete shift to what it calls an ‘intelligent society’ by 2035.
The plan would mean nearly one billion Chinese citizens regularly using AI-powered services or devices within two years, a timeline compared to the rapid rise of smartphones.
Although officials acknowledge risks such as opaque models, hallucinations and algorithmic discrimination, the policy calls for frameworks to govern ‘natural persons, digital persons, and intelligent robots’.
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