Airbus, Thales, and Leonardo are exploring plans to establish a European joint venture in the satellite sector, aiming to challenge Elon Musk’s Starlink network. Dubbed ‘Project Bromo’ after an Indonesian volcano, the initiative seeks to create a standalone European satellite company modelled after missile maker MBDA, jointly owned by Airbus, Leonardo, and BAE Systems.
The plan is still in the early stages, but discussions have advanced enough to outline a preferred structure. Instead of one partner acquiring the others’ assets, the proposal envisions pooling satellite resources into a new entity. Leonardo CEO Roberto Cingolani confirmed the MBDA-inspired approach, calling it the most viable model for such collaboration.
This initiative comes as Europe’s satellite industry struggles to compete with Starlink’s rapid growth in low Earth orbit. While the merger talks are separate from Airbus’s impending job cuts, they signal a broader effort to revitalise Europe’s space capabilities in the face of intensifying competition.
Crystal Intelligence and Dubai Police have collaborated to address economic crimes within the rapidly growing digital asset space. By combining advanced blockchain analytics with law enforcement expertise, the two entities aim to predict and prevent financial crimes, ensuring robust security within the digital asset ecosystem.
That collaboration reflects Dubai’s commitment to remaining at the forefront of global blockchain innovation. Moreover, as part of its broader strategy, the UAE, particularly Dubai, has positioned itself as a leader in digital assets by creating a regulatory framework that fosters innovation while ensuring security and compliance.
Notably, establishing the Virtual Assets Regulatory Authority (VARA), the world’s first regulator for virtual assets, has attracted numerous blockchain companies and service providers to the city, further solidifying Dubai’s role as a central hub for digital assets. This collaboration also involves strengthening Dubai Police’s capabilities through Crystal Intelligence’s advanced tools in transaction monitoring, risk management, and predictive analytics.
Why does it matter?
These tools will enable law enforcement to proactively detect and address fraudulent activities across blockchain networks, thereby ensuring the integrity of Dubai’s digital asset market. By combining regulatory foresight with cutting-edge technology, Dubai demonstrates its leadership in integrating innovation with security. Ultimately, this partnership sets a new global standard for digital asset security and offers a model for other jurisdictions to follow as they navigate the complexities of financial crimes in the digital asset space.
India-based audio platform Pocket FM is leveraging AI to enrich its content offerings and scale its production capabilities. Despite hosting over 200,000 hours of content, CEO Rohan Nayak emphasised the need for deeper genre coverage and original content. The company has partnered with ElevenLabs to convert written stories into audio series, achieving faster production and significant cost savings. AI models are also being used to adapt stories for diverse regions by handling cultural nuances, ensuring broader appeal across geographies.
Pocket FM is testing AI tools to enhance its creative process. These include a writing assistant that provides alternative plot ideas and insights based on platform data, aiming to empower solo writers with a ‘writer’s room’ experience. A ‘blockbuster engine’ is under development to analyse trends and identify potential hit shows, underscoring the platform’s focus on producing popular content. AI has already contributed to more than 40,000 series on the platform, generating $3 million in revenue.
Despite the benefits, Pocket FM acknowledges challenges in maintaining quality while accelerating production. Industry experts caution that reliance on AI might undermine creativity, with artists needing to ensure authenticity in their work. Nayak affirmed that AI tools are intended to complement rather than replace human creativity. Pocket FM, backed by $197 million in funding, competes with platforms such as Audible and Kuku FM while striving to strike a balance between innovation and content excellence.
Orange has entered a groundbreaking multi-year partnership with OpenAI, becoming the first European telecom company with direct access to pre-release versions of the company’s AI models. This collaboration will allow Orange to influence OpenAI’s development roadmap while ensuring secure hosting of AI infrastructure in Europe, according to the group’s AI chief, Steve Jarrett.
The partnership highlights the strategic importance of OpenAI’s widely used models, with over 50,000 Orange employees already integrating them into their work. Jarrett emphasised the financial and technological advantages of a direct relationship with OpenAI, boosting Orange’s position in the AI race.
In addition to the partnership, Orange is working with Meta and OpenAI to translate African languages like Wolof and Pular for customer support and broader non-commercial uses. The initiative aims to support governments, universities, and startups, expanding accessibility to underserved linguistic communities.
The Tanzania Communications Regulatory Authority (TCRA) and the Comoros National Agency for Digital Development (ANADEN) collaborate to advance ICT development in both countries. During a skills exchange meeting in Dar es Salaam, Tanzania showcased its leadership in the ICT sector through significant achievements such as establishing a National Data Centre, earning recognition as a regional cybersecurity leader by ITU, and fostering widespread mobile money adoption, with over 60.8 million SIM cards registered and 90% population usage.
Inspired by these advancements, Comoros aims to develop similar infrastructure, including an e-government agency, a national domain registry, and a national data centre supported by the African Development Bank. The collaboration will emphasise capacity development and expertise sharing to strengthen ICT systems in Comoros.
Tanzanian experts will assist in enhancing system interoperability and training ICT professionals in Comoros to support sustainable development. Both countries share a vision of using ICT as a driver for economic growth, innovation, and digital transformation, highlighting the importance of regional partnerships in advancing technological progress.
President-elect Donald Trump is reportedly considering appointing an ‘AI czar’ to oversee federal artificial intelligence initiatives and policy coordination. The position would centralise AI strategies across government departments, potentially reflecting growing recognition of AI’s transformative impact.
According to sources cited by Axios, Tesla CEO Elon Musk, though not a candidate for the role, is expected to contribute to discussions on AI’s future use and implications in the United States.
The move could mark a significant shift in the government’s approach to advancing AI capabilities while addressing regulatory and ethical challenges.
Indonesia has upheld its ban on Apple’s iPhone 16, rejecting the tech giant’s $100M investment offer. The government maintains that Apple failed to meet regulations requiring 40% of phone components to be locally produced, a rule aimed at fostering domestic manufacturing.
Indonesian industry Minister Agus Gumiwang Kartasasmita stated Apple’s proposal lacked fairness, particularly when compared to the company’s investments in other nations. He urged the company to establish a production facility in Indonesia to avoid repeated investment negotiations.
While iPhone 16 sales remain prohibited, approximately 9,000 units have entered Indonesia for personal use. The government has imposed similar restrictions on Google Pixel phones, highlighting a firm stance on enforcing local manufacturing policies.
Vietnam’s Prime Minister Pham Minh Chinh called on the United States to remove export restrictions on certain technologies during an event in Hanoi hosted by the American Chamber of Commerce. Chinh emphasised Vietnam’s interest in satellite communications development and revealed ongoing talks with SpaceX to boost aerospace cooperation. He also urged the US to recognise Vietnam as a market economy, a step that could lower trade tariffs.
The US currently restricts Vietnam’s access to technologies deemed critical to national security, though Vietnam is allowed to import conventional weapons and some advanced technologies. Chinh questioned the necessity of the embargo, stating, “We are not fighting anyone, so why do you keep the embargo?”
Despite potential US tariffs of up to 20% on imports under the next Trump administration, Chinh avoided addressing the issue directly. He instead highlighted Vietnam’s $25 billion in expected foreign investment this year and stressed the importance of maintaining strong US-Vietnam relations to tackle global challenges.
OpenAI is allowing employees to sell up to $1.5 billion worth of shares to Japan’s SoftBank Group in a new tender offer, according to sources familiar with the deal. This follows SoftBank’s $500 million investment in OpenAI during an October funding round that valued the Microsoft-backed AI startup at $157 billion. Employees have until 24 December to decide whether to sell their shares, with the offer price matching the last funding round.
SoftBank’s Vision Fund 2 will finance the purchase, reflecting CEO Masayoshi Son’s strategy to increase his stake in AI ventures. Son has aggressively expanded his AI portfolio, including investments in OpenAI and chip startup Graphcore, as he positions the conglomerate to ride the AI boom.
OpenAI continues to attract global attention with its flagship product ChatGPT, which now boasts 250 million weekly active users. The company’s rapid growth and high valuation highlight its central role in shaping the AI revolution.
Qualcomm’s interest in acquiring Intel has reportedly cooled due to the complexities involved in such a massive deal, according to Bloomberg. While a full acquisition now appears unlikely, Qualcomm may consider pursuing specific parts of Intel’s business or revisiting the idea in the future. Neither company has commented publicly on the report.
Qualcomm initially approached Intel in September, sparking speculation about a potential acquisition. Any deal would face significant antitrust scrutiny as it would unite two of the semiconductor industry’s biggest players. Qualcomm had previously explored acquiring sections of Intel’s design business, but no formal offer materialised.
Intel, once a dominant chipmaking powerhouse, has struggled in recent years, losing market share to competitors like TSMC and missing key opportunities in generative AI. The company’s declining fortunes have been reflected in a 50% drop in its stock price this year and its recent removal from the Dow Jones Industrial Average.
