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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Research and development spending will see a record 19.3 percent jump to 35.3 trillion won, with AI receiving the steepest increase. Planned AI expenditure of 10.1 trillion won marks a threefold rise over 2025 and includes procuring 15,000 high-performance GPUs.
Industrial policy funding will grow by 14.7 percent, while social welfare and defence allocations also rise by over 8 percent. The fiscal deficit is expected to widen to 4.0 percent of GDP, with the public debt ratio forecast to reach 51.6 percent.
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Estonia’s government-backed AI teaching tool, developed under the €1 million TI-Leap programme, faces hurdles before reaching schools. Legal restrictions and waning student interest have delayed its planned September rollout.
Officials in Estonia stress that regulations to protect minors’ data remain incomplete. To ensure compliance, the Ministry of Education is drafting changes to the Basic Schools and Upper Secondary Schools Act.
Yet, engagement may prove to be the bigger challenge. Developers note students already use mainstream AI for homework, while the state model is designed to guide reasoning rather than supply direct answers.
Educators say success will depend on usefulness. The AI will be piloted in 10th and 11th grades, alongside teacher training, as studies have shown that more than 60% of students already rely on AI tools.
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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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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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People often treat their email address as harmless, just a digital ID for receipts and updates. In reality, it acts as a skeleton key linking behaviour, purchases, and personal data across platforms.
Using the same email everywhere makes tracking easy. Companies may encrypt addresses, but behavioural patterns remain intact. Aliases disrupt this chain by creating unique addresses that forward mail without revealing your true identity.
Each alias becomes a useful tracker. If one is compromised or starts receiving spam, it can simply be disabled, cutting off the problem at its source.
Aliases also reduce the fallout of data breaches. Instead of exposing your main email to countless third-party tools, scripts, and mailing platforms, an alias shields your core digital identity.
Beyond privacy, aliases encourage healthier habits. They force a pause before signing up, add structure through custom rules, and help fragment your identity, thereby lowering the risks associated with any single breach.
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TransUnion, a US consumer credit reporting agency, has suffered a data breach, impacting the personal information of nearly 4.5 million Americans. The breach, detected on 30 July 2025, involved unauthorised access to a third-party application used in its US consumer support operations.
Although credit reports and core credit data were not exposed, specific personal details were compromised. TransUnion is offering affected customers free credit monitoring and fraud assistance. The agency highlighted its commitment to robust security measures and ongoing improvements. The incident follows previous breaches in 2022 and 2023, raising concerns about TransUnion’s overall data protection and third-party risks.
The recent TransUnion breach follows several high-profile data incidents involving third-party compromises. In June 2025, banking giant UBS was affected after its procurement provider Chain IQ was attacked.
In July, Allianz Life reported personal data theft from 1.4 million US customers via a third-party cloud-based CRM breach. Australian airline Qantas also disclosed a breach impacting nearly six million customers through a third-party service platform.
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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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