MicroCloud Hologram, a Nasdaq-listed technology company, has announced plans to invest up to $200 million in Bitcoin and other digital assets. The move is driven by the firm’s bullish outlook on cryptocurrency, as it sees blockchain, artificial intelligence, and quantum computing as key to future innovation. The company aims to diversify its capital reserves while positioning itself for growth in the expanding digital economy.
With cash reserves of around $257 million, MicroCloud Hologram follows the lead of companies like Strategy and Metaplanet, which have heavily invested in Bitcoin. The firm is particularly interested in assets with strong market impact and growth potential, signalling confidence in the long-term value of crypto. The planned investment is also expected to support the company’s broader capital strategy and expansion into blockchain technologies.
Bitcoin’s surge in 2024, reaching an all-time high above $109,000, has sparked increased interest from institutional investors. The growing demand for spot Bitcoin ETFs and favourable regulatory developments have fuelled optimism, reinforcing predictions of further convergence between AI and crypto. MicroCloud Hologram’s latest move highlights the accelerating adoption of digital assets in mainstream finance.
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The United Arab Emirates‘ Energy Minister, Suhail Mohamed Al Mazrouei, stated on Wednesday that he does not believe the Chinese AI app DeepSeek will impact the demand for nuclear energy. DeepSeek, a Chinese startup, has developed AI models that deliver comparable results with much lower computing power, resulting in significant energy savings.
However, Al Mazrouei expressed confidence that this advancement will not reduce the growing need for nuclear energy in the UAE. He highlighted that nuclear power remains a critical component of the country’s strategy for diversifying energy sources and ensuring energy security in the long term.
The UAE has been investing heavily in nuclear energy as part of its efforts to reduce dependence on fossil fuels and to meet its climate goals. The Barakah nuclear power plant, which is set to become one of the largest nuclear power stations in the Middle East, is a key part of this initiative.
Al Mazrouei also noted that nuclear energy offers a reliable and scalable solution that can complement renewable energy sources, especially as the UAE looks to meet rising energy demands. While AI advancements like DeepSeek may contribute to energy efficiency, the UAE remains focused on expanding its nuclear energy infrastructure to support its future growth and sustainability objectives.
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Google has expanded its AI-powered note-taking tool, NotebookLM Plus, to individual users subscribed to the Google One AI Premium plan. Initially launched for enterprises, the paid version offers significantly higher usage limits, allowing users to create up to 500 notebooks and process 300 sources per notebook. It also supports 500 chat queries and 20 AI-generated audio summaries daily.
Priced at $20 per month, the subscription also includes access to Google’s Gemini AI across Gmail, Docs, and 2TB of cloud storage. Students in the US over 18 years old can get a 50% discount, bringing the price down to $9.99 per month. Google has yet to reveal the number of users for NotebookLM but reports suggest millions of visits in recent months.
Google is also working on expanding NotebookLM’s features, including support for more languages in its AI-generated audio summaries and the launch of a dedicated mobile app. The company emphasised that both free and premium users would continue receiving a high-quality experience as it refines the service.
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Swedish payments giant Klarna is considering integrating cryptocurrency into its services, marking a potential shift in its approach to digital assets. CEO Sebastian Siemiatkowski recently hinted at the company’s interest, asking his followers for ideas on how Klarna could embrace crypto. It comes as the firm prepares for a US initial public offering later this year, a move that could expand its influence in global financial markets.
Siemiatkowski acknowledged that Klarna is trailing behind competitors like PayPal and Revolut, both of which have already introduced a variety of crypto services. Industry leaders, including Circle CEO Jamie Allaire and Immutable’s Robbie Ferguson, have pitched ideas, suggesting stablecoin integration and crypto-friendly payment solutions. Klarna, which processes around $100 billion in transactions annually, could leverage its vast user base to bring digital assets into mainstream finance.
The CEO’s newfound enthusiasm for crypto contrasts with his earlier scepticism. In 2022, he dismissed Bitcoin as a “decentralised Ponzi scheme” and criticised high transaction fees. However, recent trends, including the rise of stablecoins and blockchain-based payments, seem to have reshaped his perspective. As Klarna moves towards its IPO, its evolving stance on digital assets could position it as a major player in the fintech-crypto convergence.
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Groq, a US semiconductor startup, has secured a $1.5 billion commitment from Saudi Arabia to expand its AI chip delivery. The Silicon Valley firm, founded by a former Alphabet engineer, specialises in AI inference chips designed for speed and efficiency in pre-trained model execution. A partnership with Aramco Digital has already established an AI hub in the region.
Funding will be received throughout the year to support the expansion of Groq’s data centre in Dammam. The company’s chips, used for chatbots and large language models, comply with US export regulations, with necessary licences already secured for shipments to Saudi Arabia.
The investment was announced at Saudi Arabia’s LEAP 2025 technology event, where the country confirmed $14.9 billion in new AI investments. Groq’s chips will help power the Dammam data centre, which will support Allam, a Saudi-developed AI language model operating in Arabic and English.
Groq reached a $2.8 billion valuation last August after raising $640 million in funding from Cisco Investments, Samsung Catalyst Fund, and BlackRock Private Equity Partners.
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The World Trade Organisation (WTO) Secretariat and the Organisation for Economic Co-operation and Development (OECD) have jointly released the report “Economic Implications of Data Regulation: Balancing Openness and Trust”. The research highlights the critical role data flows play in today’s interconnected world, enabling social and economic interactions. However, with the rise of regulations that either restrict (or impose conditions to) data flows, or that demand localised data storage, the report emphasises the need for a balanced approach that promotes cross-border flows while ensuring trust through adequate protection.
The report identifies the potential economic implications and opportunity costs associated with different types of data flow and data localisation regulations. It concludes that global solutions that promote free data flows paired with appropriate safeguards are likely to yield better economic outcomes for all economies, especially developing ones. The report predicts that this mixed approach could lead to a 3.6% increase in global exports and a 1.77% rise in global GDP. These benefits would be most pronounced for low and lower-middle-income economies, potentially boosting their GDP by over 4%. Conversely, the report warns against ‘full fragmentation’, where complete restrictions on data flow could cause a 4.5% decline in global GDP and an 8.5% drop in exports. While stringent data regulations pose economic challenges, the absence of regulation is also not advisable, as it could result in diminished trust in business transactions, and a decline in exports and GDP. The report makes the case for the implementation of the notion of Data Free Flows with Trust (DFFT).
France is positioning itself as a major player in AI, with President Emmanuel Macron highlighting the country’s nuclear-powered advantage. Speaking at the AI Action Summit in Paris, he said France generates more electricity than it consumes, making it an ideal destination for energy-intensive AI companies.
Europe must act swiftly to remain competitive, according to Macron, who announced €109 billion in AI investments. He described the summit as a wake-up call for Europe, warning that the continent risks lagging behind the US and China. European Commission President Ursula von der Leyen is set to outline the EU’s AI strategy, aiming to simplify regulations, expand markets, and boost computing power.
The EU’s AI Act faces criticism for stifling innovation, with Macron calling for a balance between regulation and technological progress. He emphasised that AI should serve humanity while aligning with global standards. France will adopt a ‘Notre-Dame strategy’, aiming for rapid AI advancements, mirroring the country’s swift reconstruction of the cathedral after the 2019 fire.
European businesses were urged to prioritise local AI firms over foreign competitors. Macron argued that companies in the US, China, and India favour homegrown solutions and called for a similar approach in Europe. Strengthening domestic AI development, he said, would help the continent stay competitive in the rapidly evolving sector.
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Merchants in North America are increasingly turning to Shopify for e-commerce operations, drawn by its AI-driven automation tools. Businesses like Klatch Coffee and Daily Harvest have migrated to the platform, benefiting from features that streamline discount creation, product descriptions, and sales tracking. Shopify’s AI suite, ‘Shopify Magic’, is levelling the playing field for smaller businesses by offering capabilities once exclusive to major retailers.
Revenue for Shopify is projected to rise by 27.3% in the holiday quarter, outpacing global e-commerce growth, which is estimated at 8.4% for the year. The company is recovering from a post-pandemic slowdown, with the number of stores registered on its platform increasing by 20% in the July-September period. Analysts note that Shopify is attracting sellers at a rate approaching its pandemic-era surge.
Subscription plans, ranging from $39 to $2,000 per month, offer businesses full control over their online operations. Merchants switching from smaller rivals cite Shopify’s ease of use, integrated payment processing, and AI-powered content generation as key advantages. AI-generated product images have helped businesses cut costs, while automation tools have saved time on marketing and customer engagement.
Despite rapid growth, analysts are cautious about Shopify’s profit margins. Although earnings have more than doubled in recent quarters, projections indicate a slowdown in profit growth. Partnerships with payment providers like PayPal could also limit transaction fee revenue. However, Shopify’s focus on innovation and automation continues to strengthen its position in the competitive e-commerce sector.
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The European Union is looking to the private sector to help fund large-scale AI computing infrastructure, known as ‘AI Gigafactories,’ to support the development of advanced AI models. Speaking at the AI Action Summit in Paris, EU President Ursula von der Leyen emphasised the need for powerful computing resources to enable European startups to compete globally.
To accelerate AI adoption, the EU has pledged €50 billion in funding, adding to a €150 billion commitment from private sector companies under the EU AI Champions initiative. The goal is to mobilise €200 billion in total investment, making it the largest public-private partnership for AI development in the world.
With the US and China heavily investing in AI infrastructure, Europe is under pressure to keep pace. Von der Leyen argued that Europe’s collaborative approach to AI, focused on shared computing resources and federated data, could provide a competitive advantage. She stressed that AI Gigafactories would be accessible to researchers, startups, and industries, ensuring that Europe remains a key player in the AI race.
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France‘s antitrust agency has launched an investigation into Microsoft over concerns that the company may be degrading search results for smaller rivals using Bing technology in their search-engine products. Microsoft has confirmed its full cooperation with the French regulator, the Autorité de la concurrence, but has not commented further. Although Microsoft does not dominate the general search market, it holds a significant share in the search-engine syndication sector.
The investigation, which was first reported by Bloomberg, could lead to formal charges and a potential fine for the US tech giant if the regulator determines that Microsoft’s actions are anti-competitive. The French competition authority has yet to provide any additional details about the probe. The case could have broader implications for the way major tech firms, including Microsoft, operate in the digital advertising and search-engine markets, potentially influencing how they collaborate with smaller companies.
If the investigation results in a fine or any form of penalty, it would further highlight the ongoing scrutiny of the practices of big tech companies in Europe. With regulators across the continent taking a closer look at the competitive dynamics of the tech sector, the outcome of this case could set a precedent for future antitrust actions within the industry.
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