Samsung Electronics has introduced its latest Galaxy S25 smartphones, powered by Qualcomm’s chips and Google’s AI model. With a competitive pricing strategy, the Galaxy S25 series remains in the range of $799 to $1,299, aiming to boost sales amidst fierce competition from Apple and other Chinese manufacturers. The release, which includes a preview of a slimmer Galaxy S25 Edge model, comes as Samsung seeks to regain market share after losing ground in the premium smartphone sector last year.
While Samsung boasts advanced AI features, analysts note that distinguishing its in-house voice assistant, Bixby, could prove challenging. Industry expert Thomas Husson remarked that without a standout application that leverages AI capabilities effectively, convincing consumers to choose an AI-based smartphone might be difficult. Despite this, the new Galaxy S25 is designed to provide a more personalised user experience, including features like the ‘Now Brief’ service, which offers tailored recommendations based on stored data and enhances user convenience.
In a notable shift, Samsung opted for Qualcomm’s Snapdragon 8 Elite Mobile Platform for the entire Galaxy S25 lineup, moving away from its own Exynos chips. However this change may impact Samsung’s chip business, as the mobile division has been a significant customer for its semiconductor products. Following the announcement, Samsung shares dipped by 1.1%, trailing the overall market performance. The company’s sell-through of the new series is crucial, particularly as sales of its foldable phones have stagnated amid stiff competition from Chinese rivals.
Preliminary fourth-quarter results from Samsung indicated profits fell short of expectations due to high chip development costs and increasing competition in the smartphone market. Moving forward, Samsung plans to use its Exynos chips in upcoming foldable devices, highlighting the ongoing strategic shifts to adapt to rapidly changing market conditions.
Bank of America CEO Brian Moynihan has voiced support for integrating crypto payments into the financial system, emphasising the importance of regulatory clarity. Speaking at the World Economic Forum, he stated that stablecoins, particularly those backed by traditional assets like the US dollar, could seamlessly join existing payment networks if properly regulated. Moynihan suggested that banks could play a pivotal role in turning crypto into a mainstream payment option.
This marks a significant shift for Bank of America, which once criticised crypto’s lack of transparency. Over the years, the bank has embraced blockchain technology, securing hundreds of patents and experimenting with innovative platforms to enhance payment efficiency. With initiatives like the Paxos Settlement Service, BofA has positioned itself as a leader in blockchain adoption, aiming to reduce costs and improve transaction speed.
If regulators approve, crypto payments could revolutionise consumer and business transactions, offering faster and cheaper alternatives to traditional payment systems. From streamlining cross-border payments to promoting financial inclusion, integrating digital currencies into banking could redefine the financial landscape.
ByteDance, the Chinese tech giant behind TikTok, has allocated over 150 billion yuan ($20.64 billion) for capital expenditure this year, with a significant focus on AI, according to sources familiar with the matter. About half of the investment will support overseas AI infrastructure, including data centres and networking equipment. Beneficiaries of this spending are expected to include chipmakers Huawei, Cambricon, and US supplier Nvidia, although ByteDance has denied the accuracy of the claims.
The investment aims to solidify ByteDance’s AI leadership in China, where it has launched over 15 standalone AI applications, such as the popular chatbot Doubao, which boasts 75 million monthly active users. Its international counterparts include apps like Cici and Dreamina, reflecting ByteDance’s strategy to adapt its AI offerings globally. The company also recently updated its flagship AI model, Doubao, to rival reasoning models like those developed by Microsoft-backed OpenAI.
ByteDance’s international spending aligns with its efforts to expand AI capabilities abroad amid challenges like the uncertain future of TikTok in the United States. While ByteDance’s $20 billion plan is substantial, it remains modest compared to the AI investments of US tech giants like Google and Microsoft, which spent $50 billion and $55.7 billion respectively on AI infrastructure in the past year. The spending will also bolster ByteDance’s partnerships with suppliers such as Nvidia, from which it has procured custom AI chips tailored to China despite US export restrictions.
US President Donald Trump recently unveiled the $500 billion Stargate project, a groundbreaking AI infrastructure initiative that has captured market attention. Collaborating with OpenAI, SoftBank, Oracle, and MGX, the project is based in the US and has already secured $100 billion in initial funding. Industry experts suggest this move could significantly influence the AI and cryptocurrency markets.
Dr Max Li, CEO of decentralised cloud platform OORT, highlighted the impact Stargate could have on AI tokens. He noted the strong connection between AI advancements and digital assets, predicting a surge in AI projects and token launches. Li warned that while many projects may emerge, only those with genuine utility and business value would endure.
The announcement triggered immediate market reactions, with AI tokens such as ai16z and Worldcoin seeing notable price increases. The rising interest in the convergence of artificial intelligence and decentralised finance (DeFi) suggests that the Stargate initiative could accelerate innovation in both sectors.
As AI continues to intersect with blockchain, the Stargate project positions the US at the forefront of these technological advancements, paving the way for further growth in AI-driven digital assets.
OpenAI has told an Indian court that removing training data used for its ChatGPT service would conflict with its legal obligations in the United States. The company, backed by Microsoft, is defending a copyright lawsuit filed by Indian news agency ANI, which accuses OpenAI of using its content without permission and demands the deletion of ANI’s data from ChatGPT’s memory.
In a January 10 filing, OpenAI argued that Indian courts lack jurisdiction as the company has no physical presence or data servers in India. It also emphasised its legal obligation in the US to preserve training data while litigation is ongoing. OpenAI denied wrongdoing, asserting its systems make fair use of publicly available data, a stance it has maintained in similar copyright disputes globally.
ANI insists the Delhi court has the authority to rule on the case, citing concerns over unfair competition and alleging that ChatGPT reproduces its content verbatim. OpenAI, however, countered that ANI manipulated prompts to elicit such responses. The court is set to hear the case on January 28, marking a key moment in India’s scrutiny of AI and copyright law.
At the 2025 World Economic Forum (WEF) in Davos, the cryptocurrency industry engaged in intense debate, particularly surrounding Bitcoin and its potential role as a strategic reserve asset for the US. Coinbase CEO Brian Armstrong reaffirmed that the push for a Bitcoin reserve, backed by figures like US Senator Cynthia Lummis and President Donald Trump, remains strong despite the recent memecoin frenzy surrounding Trump’s TRUMP token. Armstrong emphasised that Bitcoin, much like gold, is a valuable reserve asset due to its scarcity, portability, and divisibility, potentially making it a new gold standard for global reserves.
While the concept of a Bitcoin reserve gained support from many, Lesetja Kganyago, the governor of South Africa’s Reserve Bank, expressed doubts. He questioned why Bitcoin should replace traditional reserves like gold or even other natural resources like platinum. However, Armstrong countered by highlighting Bitcoin’s advantages over gold, noting that its higher utility and performance make it a strong candidate to eventually surpass gold in central bank reserves.
The session also delved into the growing influence of the US cryptocurrency lobby, particularly the positive effects of Trump’s administration on the sector. SkyBridge Capital’s Anthony Scaramucci critiqued the Democratic Party for failing to engage with the rapidly evolving crypto industry, while others noted the industry’s shift towards international markets due to the challenging regulatory environment in the US. Armstrong added that ‘the Trump effect’ has provided the sector with new optimism, suggesting a more favourable climate for crypto growth under the new administration.
Britain’s Competition and Markets Authority (CMA) has opened an investigation into the dominance of Apple and Google in the smartphone ecosystem. The probe will examine their operating systems, app stores, and browsers to determine whether their ‘strategic market status’ stifles competition and innovation, particularly for businesses developing content and services.
CMA Chief Executive Sarah Cardell emphasised the potential for more competitive mobile ecosystems to drive innovation and boost economic growth in the UK. Both Apple and Google defended their practices, with Apple highlighting its ecosystem’s support for jobs in Britain and Google pointing to Android’s openness as a driver of choice and affordability.
The investigation, the CMA’s second under new regulatory powers, will explore whether Apple and Google are leveraging their dominance unfairly by prioritising their apps and services or imposing restrictive terms on developers. A conclusion is expected by October 22, 2025, as Britain continues to tighten its oversight of major tech companies.
Gloucestershire is poised to benefit significantly from the UK government’s push to expand AI development. Prime Minister Rishi Sunak’s AI Opportunities Action Plan, backed by leading tech firms pledging £14 billion in funding, is expected to create over 13,000 jobs and stimulate economic growth. The county, home to the government intelligence hub GCHQ, is uniquely positioned to leverage this investment, with major developments like Cheltenham’s Golden Valley cyber park and the Minster Exchange project at the forefront of the initiative.
Local experts and educators are optimistic about Gloucestershire’s role in AI advancement. Neil Smith, Managing Director of Reform IT, highlighted the region’s potential to develop talent and establish itself as a centre of excellence for AI development. Institutions such as the University of Gloucestershire and Berkeley Green UTC are already offering specialist courses in AI and cyber security. Gareth Lister, an educator, emphasised the need to integrate AI programming, cloud computing, and cybersecurity more prominently into school curriculums to prepare young people for emerging opportunities.
Dr Will Sayers, head of the University of Gloucestershire’s School for Computing, believes the county’s well-established cyber industry is a significant advantage. He pointed to the potential for local companies to form partnerships and capitalise on the government’s AI investment. With the growing focus on developing skilled talent and fostering innovation, Gloucestershire is on track to become a key player in the UK’s AI and cyber sectors.
Google is making a significant new investment in AI by committing more than $1 billion to Anthropic, according to a report by the Financial Times. Anthropic, a competitor to OpenAI, focuses on developing advanced AI models and tools, positioning itself as a major player in the growing AI sector.
The investment underscores Google’s ongoing commitment to bolstering its AI capabilities in a highly competitive market. As the race to dominate AI innovation intensifies, tech giants like Google are increasingly supporting smaller firms that specialise in cutting-edge developments to stay ahead.
Anthropic, founded in 2021 by former OpenAI executives, has quickly gained recognition in the AI community. The company aims to create more reliable and interpretable AI systems. Google’s backing is expected to strengthen Anthropic’s research and development efforts, further establishing it as a prominent force in the AI landscape.
CLS Global, a cryptocurrency financial services company based in the United Arab Emirates, has agreed to plead guilty to US charges of market manipulation. The company was implicated in “Operation Token Mirrors,” a groundbreaking FBI investigation that utilised an undercover digital token to expose fraud in the cryptocurrency sector. Prosecutors revealed CLS had engaged in illegal practices, including wash trading, to manipulate the market for a token created by the FBI.
The probe, launched last year, involved creating a fake cryptocurrency company and token called NexFundAI to uncover illicit activities. CLS admitted to providing fraudulent trading services for the token, artificially inflating its trading volume and price. As part of a plea deal, CLS will pay $428,059 in penalties, cease operations involving US cryptocurrency platforms, and adopt stricter compliance measures.
The case marks a major milestone in law enforcement’s efforts to regulate the cryptocurrency industry and combat fraudulent practices. Federal prosecutors described the operation as a model for tackling crypto-related crime, demonstrating the FBI’s innovative approach to targeting market manipulators. CLS also agreed to settle related civil charges with the US Securities and Exchange Commission.
