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Trump Media plans $2.5 billion Bitcoin treasury

Trump Media & Technology Group has announced plans to raise approximately $2.5 billion through a private placement. The aim is to create one of the largest corporate Bitcoin treasuries.

The company operates Truth Social and Truth+. It intends to acquire significant Bitcoin holdings alongside its reported $759 million in cash and equivalents as of the first quarter of 2025.

Capital raising round comprises $1.5 billion in common stock and $1 billion in convertible notes, priced at a 35% premium. Transaction should conclude by 29 May, with funds used to buy Bitcoin and grow company’s crypto holdings.

Trump Media’s CEO, Devin Nunes, described Bitcoin as a ‘financial freedom’ asset and a strategic hedge against what he referred to as ‘harassment and discrimination’ by traditional financial institutions.

The company plans to integrate its Bitcoin strategy across its platforms, including subscription fees and a potential utility token.

The development places Trump Media among few public companies investing heavily in Bitcoin, reflecting a rising trend of corporates adopting crypto in their treasury.

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PREVAIL to offer advanced Edge AI chip design tools across Europe

The European Union’s PREVAIL project is preparing to open its Edge AI services to external users in June 2025.

Coordinated by Europe’s top research and technology organisations, the initiative offers a shared, multi-hub infrastructure designed to speed up the development and commercialisation of next-generation Edge AI technologies.

Through its platform, European designers will gain access to advanced chip prototyping capabilities and full design support using standard commercial tools.

PREVAIL combines commercial foundry processes with advanced technology modules developed in partner clean rooms. These include embedded non-volatile memories (eNVM), silicon photonics, and 3D integration technologies such as silicon interposers and packaging innovations.

Initial demonstrators, already in development with industry partners, will serve as test cases to ensure compatibility with a broad range of applications and future scalability.

From July 2025, a €20 million EU-funded call under the ‘Low Power Edge AI’ initiative will help selected customers co-finance their access to the platform. Whether supported by EU funds or independently financed, users will be able to design chips using one of four shared platforms.

The consortium has also set up a user interface team to manage technical support and provide access to Process Design Kits and Design Rule Manuals.

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El Salvador removes Bitcoin mandate

El Salvador has officially amended its Bitcoin law, making acceptance of the cryptocurrency voluntary rather than mandatory.

The move reverses a key element of the 2021 law that made Bitcoin legal tender alongside the US dollar.

The reform was approved by Congress on 29 January, with 55 votes in favour and just two against. The chamber is currently dominated by President Nayib Bukele’s New Ideas Party.

According to officials, the amendment responds to requirements set by the International Monetary Fund as part of a US$1.4 billion loan agreement reached in December 2024.

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New Circle system aims to speed up global money transfers

Circle Internet Group is developing a new global payment network. The company, known for issuing the second-largest stablecoin, aims to facilitate seamless cross-border transfers. However, the project will rely on stablecoins to enable real-time international settlement.

The planned network will connect banks, digital wallet providers, and financial technology firms, allowing instant movement of funds across borders.

Circle aims to improve the efficiency of international payments while reducing associated costs.

There is growing interest in stablecoin infrastructure from both cryptocurrency-focused and traditional financial institutions. Circle’s initiative signals the expanding role of digital assets in modernising global finance.

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New AI food waste project aims to deliver 1.5 million meals

A major new initiative backed by Innovate UK is bringing together leading businesses and organisations to develop an AI-powered food redistribution platform designed to reduce edible food waste and support communities facing food insecurity.

The project is supported by a £1.9 million grant from the BridgeAI programme and is match-funded by participating partners.

Led by Sustainable Ventures, the collaboration includes Bristol Superlight, FareShare, FuturePlus, Google Cloud, Howard Tenens Logistics, Nestlé UK & Ireland, and Zest (formerly The Wonki Collective).

Together, they aim to pilot a platform capable of redistributing up to 700 tonnes of quality surplus food—equivalent to 1.5 million meals—while preventing an estimated 1,400 tonnes of CO₂ emissions and delivering up to £14 million in cost savings.

The system integrates Google Cloud’s BigQuery and Ver t ex AI platforms to match surplus food from manufacturers with logistics providers and charities.

Bristol Superlight’s logistics solution incorporates AI to track food quality during delivery, and early trials have shown promising results—an 87% reduction in food waste at a Nestlé factory over just two weeks.

The pilot marks a significant step forward in applying AI to address sustainability challenges. The consortium believes the technology could eventually scale across the food supply chain, helping to create a more efficient, transparent, and environmentally responsible system.

Leaders from Nestlé, FareShare, and Zest all emphasised the importance of cross-sector collaboration in tackling rising food waste and food poverty.

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Agema and Heinen resolve funding clash over healthcare technology

Dutch ministers Eelco Heinen (Finance) and Fleur Agema (Public Health) have reached a long-awaited agreement on investing in new technologies and AI in healthcare.

If healthcare costs remain below projections, Agema will be permitted to allocate €400 million annually over the next ten years towards AI, sources close to the government confirmed to NOS.

The funding will be drawn from the €2.3 billion reserve earmarked to absorb the expected rise in healthcare expenditure following the planned reduction of the healthcare deductible to €165 in 2027.

However, Finance Minister Heinen has insisted on a review after two years to determine whether the continued investment remains financially responsible. Agema is confident that the actual costs will be lower than forecast, leaving room for innovation investments.

The agreement follows months of political tension in the Netherlands between the two ministers, which reportedly culminated in Agema threatening to resign last week.

While Heinen originally wanted to commit the funding only for 2027 and 2028, Agema pushed for a structural commitment, arguing that the reserve fund is overly cautious.

Intensive negotiations took place on Monday and Tuesday, with Prime Minister Dick Schoof stepping in to help mediate. The breakthrough came late Tuesday evening, clearing the way for Agema to proceed with broader talks on a new healthcare agreement with hospitals and care institutions.

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Opera unveils AI-first Neon browser

Opera has unveiled a new AI-powered web browser called Neon, describing it as an ‘agentic browser’ designed to carry out internet tasks on the user’s behalf.

Unlike traditional browsers, Neon offers contextual awareness and cloud-based AI agents that can research, design, and build content automatically.

Although Opera introduced a browser called Neon in 2017 that failed to gain traction, the company is giving the name a second chance, now with a more ambitious AI focus. According to Opera’s Henrik Lexow, the rise of AI marks a fundamental shift in how users interact with the web.

Among its early features, Neon includes an AI engine capable of interpreting user requests and generating games, code, reports, and websites—even when users are offline.

It also includes tools like a chatbot for web searches, contextual page insights, and automation for online tasks such as form-filling and booking services.

The browser is being positioned as a premium subscription product, though Opera has yet to reveal pricing or launch dates. Neon will become the fifth browser in Opera’s line-up, following the mindfulness-focused Air browser announced in February.

Interested users can join the waitlist, but for now, full capabilities remain unverified.

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UK leads crypto adoption growth in 2025

The United Kingdom has recorded the fastest growth in cryptocurrency adoption globally in 2025. The finding comes from a new report by Gemini, the crypto exchange based in the United States.

The proportion of UK adults holding cryptocurrencies rose to 24% in April, up from 18% a year earlier, marking the sharpest year-on-year increase among the countries surveyed.

The report, based on a survey of more than 7,000 people across Europe, the United States, Singapore, and Australia, shows that Europe is leading the rise in cryptocurrency ownership.

Singapore continues to hold the highest individual rate, with 28% of respondents reporting ownership of cryptocurrencies.

Despite not yet having a national regulatory framework in place, the UK remains attractive to investors. In April, the government published a draft statutory instrument aimed at regulating crypto exchanges and related services.

The Treasury is expected to finalise the near-final version later in 2025 following public consultation.

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AI Mode reshapes Google’s search results

One year after launching AI-generated search results via AI Overviews, Google has unveiled AI Mode—a new feature it claims will redefine online search.

Functioning as an integrated chatbot, AI Mode allows users to ask complex questions, receive detailed responses, and continue with follow-up queries, eliminating the need to click through traditional links.

Google’s CEO Sundar Pichai described it as a ‘total reimagining of search,’ noting significant changes in user behaviour during early trials.

Analysts suggest the company is attempting to disrupt its own search business before rivals do, following internal concerns sparked by the rise of tools like ChatGPT.

With AI Mode, Google is increasingly shifting from directing users to websites toward delivering instant answers itself. Critics fear it could dramatically reduce web traffic for publishers who depend on Google for visibility and revenue.

While Google insists the open web will continue to grow, many publishers remain unconvinced. The News/Media Alliance condemned the move, calling it theft of content without fair return.

Links were the last mechanism providing meaningful traffic, said CEO Danielle Coffey, who urged the US Department of Justice to take action against what she described as monopolistic behaviour.

Meanwhile, Google is rapidly integrating AI across its ecosystem. Alongside AI Mode, it introduced developments in its Gemini model, with the aim of building a ‘world model’ capable of simulating and planning like the human brain.

Google DeepMind’s Demis Hassabis said the goal is to lay the foundations for an AI-native operating system.

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EMSA given broader powers for digital maritime threats

The European Maritime Safety Agency (EMSA) is set to take on an expanded role in maritime security, following a provisional agreement between the European Parliament and the Council.

Instead of focusing solely on traditional safety tasks, EMSA will now help tackle modern challenges, including cyber attacks and hybrid threats that increasingly target critical maritime infrastructure across Europe.

The updated mandate enables EMSA to support EU member states and the European Commission with technical, operational and scientific assistance in areas such as cybersecurity, pollution response, maritime surveillance and decarbonisation.

Rather than remaining confined to its original scope, the agency may also adopt new responsibilities as risks evolve, provided such tasks are requested by the Commission or individual countries.

The move forms part of a broader EU legislative package aimed at reinforcing maritime safety rules, improving environmental protections and updating inspection procedures.

The reforms ensure EMSA is equipped with adequate human and financial resources to handle its wider remit and contribute to strategic resilience in an increasingly digital and geopolitically unstable world.

Created in 2002 and based in Lisbon, EMSA plays a central role in safeguarding maritime transport, which remains vital for Europe’s economy and trade.

With more than 2,000 marine incidents reported annually, the agency’s modernised mandate is expected to strengthen the EU’s ability to prevent disruptions at sea and support its broader green and security goals.

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