Rachel Reeves tells ministers to ‘buy British’ in four key industries

SpaceX's solar facility could revolutionize AI infrastructure by enabling continuous, efficient power for space-based data centers, impacting energy and tech sectors. The post SpaceX plans 10-gigawatt solar manufacturing facility near Austin appeared first on Crypto Briefing.

Iran's formalized transit fees in the Strait of Hormuz could elevate global oil prices, impacting economies reliant on Middle Eastern oil. The post Iran formalizes transit fee mechanism for ships in Strait of Hormuz, with crypto payments on the table appeared first on Crypto Briefing.

The Iran conflict exacerbates Europe's economic woes, risking recession and inflation, while reshaping energy and crypto market dynamics. The post Iran war drags European economy down, pushes prices up appeared first on Crypto Briefing.

China's financial overhaul aims to enhance regulatory stability, potentially boosting investor confidence but posing execution challenges. The post China cabinet discusses draft revision to central bank law, signaling sweeping financial overhaul appeared first on Crypto Briefing.

Schools can compromise children’s privacy, exposing them to potential identity fraud, harassment and AI exploitation, says Dr Claire Bessant It was concerning, but sadly unsurprising, to read a Guardian article reporting that UK schools are being blackmailed with AI-generated child sexual abuse images created from photos shared on school websites and social media pages (UK schools should remove pupils’ online photos as AI blackmail threat grows, say experts, 8 May). Lord Russell, in the 2024 debates on the data (use and access) bill, highlighted the potential for AI to be used to scrape images from school websites and social media. His comments were informed by research undertaken by Defend Digital Me, which found pupil data in publicly available AI training datasets. Welsh government guidance warns schools to “exercise great caution sharing images or videos of learners publicly on social media platforms due to the potential risk of the content being misused”. It notes that social medi

An AI trained to use thermal images to detect whale body heat could help warn ships at risk of colliding with the marine mammals.

Insider Brief Nature’s Miracle is expanding further into robotics and industrial automation through a memorandum of understanding with AI robotics company Dromni. According to Nature’s Miracle, the agreement calls for the two companies to explore development and deployment of autonomous robotic systems for the U.S. market, initially focused on unmanned ground vehicles operating across greenhouse […]

The post Saudi Arabia moves to tokenize its multi-billion dollar economy with droppRWA securing $12.5 billion in tokenization mandates appeared on BitcoinEthereumNews.com. DroppRWA has acquired $12.5 billion in mandates to bring real estate assets onto the blockchain, with plans to expand into the energy and manufacturing sectors. Chairman of the firm and architect behind Saudi Arabia’s national digital payments system, Faisal Monai, has led this acquisition, and the development is all part of an intense push by the Kingdom of Saudi Arabia to tokenize large portions of its economy under its “Vision 2030” timeline. Saudi’s tokenization leads exploits Faisal Monai is well known in Saudi Arabia, with a reputation that predates even Bitcoin. He designed SADAD, the Saudi Central Bank’s digital payments system, which was launched in 2004. The system replaced one that was dominated majorly by individual cash transfers, where roughly 70% of bill payments were made in person at physical branche