Digital business models

Verizon and Nokia secure UK contract

Verizon and Nokia have partnered to deliver private 5G networks at Thames Freeport in the UK. The networks will support industrial operations with high-speed, reliable connectivity, enabling AI, automation, and real-time data processing.

The UK contract is part of a broader multibillion-dollar transformation of the region. Nokia will provide all hardware and software, powering major sites, including DP World London Gateway and Ford’s Dagenham plant.

Preparations for 6G are already underway, with Nokia expecting commercial rollout by late 2029. The technology promises enhanced AI capabilities, improved device battery life, and efficient spectrum sharing with 5G.

Thanks to advanced spectrum management features, the transition between 5G and 6G is expected to be smooth. Both networks will operate simultaneously without interference, supporting the next industrial and consumer technology generation.

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Top 7 AI agents transforming business in 2025

AI agents are no longer a futuristic concept — they’re now embedded in the everyday operations of major companies across sectors.

From customer service to data analysis, AI-powered agents transform workflows by handling tasks like scheduling, reporting, and decision-making with minimal human input.

Unlike simple chatbots, today’s AI agents understand context, follow multi-step instructions, and integrate seamlessly with business tools. Google’s Gemini Agents, IBM’s Watsonx Orchestrate, Microsoft Copilot, and OpenAI’s Operator are some tools that reshape how businesses function.

These systems interpret goals and act on behalf of employees, boosting productivity without needing constant prompts.

Other leading platforms include Amelia, known for its enterprise-grade capabilities in finance and telecom; Claude by Anthropic, focused on safe and transparent reasoning; and North by Cohere, which delivers sector-specific AI for clients like Oracle and SAP.

Many of these tools offer no-code or low-code setups, enabling faster adoption across HR, finance, customer support, and more.

While most agents aren’t entirely autonomous, they’re designed to perform meaningful work and evolve with feedback.

The rise of agentic AI marks a significant shift in workplace automation as businesses move beyond experimentation toward real-world implementation, one workflow at a time.

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AGI moves closer to reshaping society

There was a time when machines that think like humans existed only in science fiction. But AGI now stands on the edge of becoming a reality — and it could reshape our world as profoundly as electricity or the internet once did.

Unlike today’s narrow AI systems, AGI can learn, reason and adapt across domains, handling everything from creative writing to scientific research without being limited to a single task.

Recent breakthroughs in neural architecture, multimodal models, and self-improving algorithms bring AGI closer—systems like GPT-4o and DeepMind’s Gemini now process language, images, audio and video together.

Open-source tools such as AutoGPT show early signs of autonomous reasoning. Memory-enabled AIs and brain-computer interfaces are blurring the line between human and machine thought while companies race to develop systems that can not only learn but learn how to learn.

Though true AGI hasn’t yet arrived, early applications show its potential. AI already assists in generating code, designing products, supporting mental health, and uncovering scientific insights.

AGI could transform industries such as healthcare, finance, education, and defence as development accelerates — not just by automating tasks but also by amplifying human capabilities.

Still, the rise of AGI raises difficult questions.

How can societies ensure safety, fairness, and control over systems that are more intelligent than their creators? Issues like bias, job disruption and data privacy demand urgent attention.

Most importantly, global cooperation and ethical design are essential to ensure AGI benefits humanity rather than becoming a threat.

The challenge is no longer whether AGI is coming but whether we are ready to shape it wisely.

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New ranking shows which AI respects your data

A new report comparing leading AI chatbots on privacy grounds has named Le Chat by Mistral AI as the most respectful of user data.

The study, conducted by data removal service Incogni, assessed nine generative AI services using eleven criteria related to data usage, transparency and user control.

Le Chat emerged as the top performer thanks to limited data collection and clarity in privacy practices, even if it lost some points for complete transparency.

ChatGPT followed in second place, earning praise for providing clear privacy policies and offering users tools to limit data use despite concerns about handling training data. Grok, xAI’s chatbot, took the third position, though its privacy policy was harder to read.

At the other end of the spectrum, Meta AI ranked lowest. Its data collection and sharing practices were flagged as the most invasive, with prompts reportedly shared within its corporate group and with research collaborators.

Microsoft’s Copilot and Google’s Gemini also performed poorly in terms of user control and data transparency.

Incogni’s report found that some services allow users to prevent their input from being used to train models, such as ChatGPT Grok and Le Chat. In contrast, others, including Gemini, Pi AI, DeepSeek and Meta AI, offered no clear way to opt-out.

The report emphasised that simple, well-maintained privacy support pages can significantly improve user trust and understanding.

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Japan plans crypto reclassification and ETF access

Japan’s Financial Services Agency has proposed classifying cryptocurrencies as financial products under the Financial Instruments and Exchange Act.

The change would pave the way for crypto ETFs and apply a flat 20% capital gains tax, replacing the current progressive system, which taxes some gains at rates up to 55%. The proposal is part of the government’s broader ‘New Capitalism’ strategy to boost investment.

Interest in crypto has surged nationwide, with over 12 million active accounts and holdings exceeding 5 trillion yen. The FSA noted that crypto now surpasses traditional products like FX and bonds in popularity among retail investors.

Japanese regulators hope the shift will attract domestic and international institutional investors, following global trends such as spot Bitcoin ETF adoption in the US.

Japan is also moving towards stablecoin adoption. In April, SMBC and Ava Labs began exploring stablecoins pegged to the yen and dollar to settle tokenised assets. Meanwhile, SBI VC Trade secured Japan’s first stablecoin-handling licence, preparing to support USDC issuance.

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Turkey tightens grip on digital assets

Turkey’s Ministry of Treasury and Finance has introduced new regulations to curb illicit activities in the digital asset space. Platforms must now verify more detailed transaction data, including a written explanation for each transfer and proof of fund origin.

The move is expected to improve transparency and allow authorities to detect suspicious activity earlier.

A mandatory waiting period has been introduced for crypto withdrawals. Assets must remain on the platform for 48 hours after being purchased or exchanged, with a 72-hour delay for first-time withdrawals.

Daily and monthly limits of $3,000 and $50,000 have also been placed on stablecoin transfers, though fully compliant platforms may operate with doubled limits.

Authorities clarified that market-making, arbitrage, and liquidity provision transactions would remain unrestricted. However, platforms that fail to comply risk fines, licence suspensions, or complete bans.

These measures form part of a wider framework introduced in March under Capital Markets Law No. 6362, which mandates capital requirements, audits, and user protections. The new rules build on earlier regulations introduced in early 2025 to align with global anti-money laundering standards.

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South Korea plans slow rollout of stablecoins

South Korea’s central bank wants stablecoins introduced slowly, starting with regulated commercial banks.

Deputy governor Ryoo Sangdai said banks offer the highest level of oversight and could act as a safety net, limiting risks to consumers and markets.

Expansion to the broader financial sector would follow only after initial stability is ensured.

Despite limited support, the Bank of Korea remains cautious. Officials warned that stablecoins could accelerate capital outflows and complicate foreign exchange policy. Governor Rhee Chang-yong raised concerns about managing a won-based stablecoin in global markets.

To counter risks, the central bank is advancing its digital currency. A CBDC pilot is set to end by 30 June, with future trials depending on legal clarity and bank coordination.

While South Korea moves carefully, countries like the UAE, Russia, and several African nations are rapidly embracing stablecoin development.

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IGF panel urges rethinking internet governance amid rising geopolitical tensions

At the 2025 Internet Governance Forum in Lillestrøm, Norway, a session led by the German Federal Ministry for Digital Transformation spotlighted a bold foresight exercise imagining how global internet governance could evolve by 2040. Co-led by researcher Julia Pohler, the initiative involved a diverse 15-member German task force and interviews with international experts, including Anriette Esterhuysen and Gbenga Sesan.

Their work yielded four starkly different future scenarios, ranging from intensified geopolitical rivalry and internet fragmentation to overregulation and a transformative turn toward treating the internet as a public good. A central takeaway was the resurgence of state power as a dominant force shaping digital futures.

According to Pohler, geopolitical dynamics—especially the actions of the US, China, Russia, and the EU—emerged as the primary drivers across nearly all scenarios. That marked a shift from previous foresight efforts that had emphasised civil society or corporate actors.

The panellists underscored that today’s real-world developments are already outpacing the scenarios’ predictions, with multistakeholder models appearing increasingly hollow or overly institutionalised. While the scenarios themselves might not predict the exact future, the process of creating them was widely praised.

Panellists described the interviews and collaborative exercises as intellectually enriching and essential for thinking beyond conventional governance paradigms. Yet, they also acknowledged practical concerns: the abstract nature of such exercises, the lack of direct implementation, and the need to involve government actors more directly to bridge analysis and policy action.

Looking ahead, participants called for bolder and more inclusive approaches to internet governance. They urged forums like the IGF to embrace participatory methods—such as scenario games—and to address complex issues without requiring full consensus.

The session concluded with a sense of urgency: the internet we want may still be possible, but only if we confront uncomfortable realities and make space for more courageous, creative policymaking.

Track all key moments from the Internet Governance Forum 2025 on our dedicated IGF page.

Gemini Robotics On-Device: Google’s AI model for offline robotic tasks

On Tuesday, 24 June, Google’s DeepMind division announced the release of a new large language model named Gemini Robotics On-Device, designed to operate locally on robotic systems.

In a blog post, the company stated that the AI model has been optimised to function efficiently on-device and demonstrates strong general-purpose dexterity and task generalisation capabilities.

The offline model is an advancement of the earlier Gemini Robotics system introduced in March this year. Unlike cloud-based models, this version can operate offline, making it suitable for limited connectivity or critical latency.

Engineered for robots with dual arms, Gemini Robotics On-Device is designed to require minimal computational resources.

It can execute fine motor tasks such as folding garments and unzipping bags. According to Google, the model responds to natural language prompts, enabling more intuitive human-robot interaction.

The company claims the model outperforms comparable on-device alternatives, especially when completing complex, multi-step instructions or handling unfamiliar tasks. Benchmark results indicate that its performance closely approaches that of Google’s cloud-based AI solutions.

Initially developed for ALOHA robots, the on-device model has since been adapted for other systems, including the bi-arm Franka FR3 robot and the Apollo humanoid.

On the Franka FR3, the model followed diverse instructions and managed unfamiliar objects and environments, including industrial tasks like belt assembly. The system demonstrated general object manipulation in previously unseen contexts on the Apollo humanoid.

Developers interested in trialling Gemini Robotics On-Device can access it via the provided software development kit (SDK).

Google joins other major players exploring AI for robotics. At GTC 2025, NVIDIA introduced Groot N1, an AI system for humanoid robots, while Hugging Face is currently developing its own open-source, AI-powered robotic platform.

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Bitcoin holds strong above $100,000

Bitcoin is trading around $106,533 after returning from early June lows and holding above the key $100,000 mark. Despite brief dips below $99,000 due to geopolitical tensions, strong support remains.

Resistance lies between $105,000 and $107,000, with a potential breakout targeting $112,000 to $114,000.

Technical charts show a possible cup and handle formation and a golden cross, supporting a bullish outlook.

Institutional accumulation and crypto fund inflows suggest continued long-term confidence, though short-term indicators signal caution as Bitcoin nears overbought levels.

Ethereum trades near $2,437, consolidating above $2,400 within a defined range. A cup and handle pattern, a nearing golden cross, and bullish signals indicate possible gains if resistance at $2,589 is surpassed. Recent on-chain buying supports Ethereum’s recovery from a flash dip to $2,224.

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