The Central Bank of Somalia is expanding the Somalia Instant Payment System to connect commercial banks, mobile money services, and regional payment networks through a single interoperable infrastructure, according to Central Bank Governor Abdirahman Mohamed Abdullahi. The initiative aims to modernize the nation’s financial systems, lower transaction costs, and bring more citizens into the formal … Read more
Zenless Zone Zero developer HoYoverse Korea announced a collaboration with domestic pizza franchise Banolim Pizza to run a limited-edition merchandise promotion from August 4 to 25. According to HoYoverse Korea, the partnership pairs the urban fantasy ARPG’s characters with signature menu items to bridge virtual gameplay and everyday life. Zenless Zone Zero Collaboration Sets and … Read more
Nvidia Corp. has secured an artificial intelligence memory supply agreement with South Korea’s SK Hynix that could be worth $500 billion over multiple years, according to an announcement made by the chipmaker late Friday in San Francisco. The deal aims to lock in high-bandwidth memory (HBM) for advanced processors and systems amid a severe global … Read more
Intel reported second-quarter revenue of $16.1 billion and adjusted earnings of 42 cents per share, surpassing consensus estimates from LSEG and notching its fastest quarterly revenue growth rate since 2011, according to company earnings data released Thursday. The performance drove an 11% jump for the stock in extended trading, fueled by surging demand for AI … Read more
OnePlus is officially withdrawing from the US and European markets, ending the launch of new products in these regions. Parent company Oppo has confirmed that while existing devices will receive continued software support and warranty coverage, the transition involves moving handsets from OxygenOS to Oppo’s ColorOS interface. The Shift to ColorOS and Warranty Implications For … Read more
Apple Inc. has filed a federal lawsuit in Northern California against OpenAI, alleging the artificial intelligence lab engaged in systematic trade secret theft to bolster its own consumer hardware initiatives. The complaint, which names OpenAI and former Apple executive Tang Tan as defendants, claims the AI firm illicitly acquired intellectual property through aggressive hiring practices … Read more
Meta is constructing its first Canadian data center in Sturgeon County, Alberta, a 1-gigawatt facility representing a $9 billion investment. The project, which is expected to take two to three years to complete, serves as the company’s 33rd global data center and is designed to accelerate Meta’s artificial intelligence infrastructure capacity, according to a company … Read more
Meta has launched Muse Image, a proprietary generative artificial intelligence model designed to create and edit images for consumers and advertisers. According to the company, the model will be integrated across the Meta AI app, WhatsApp, Instagram, and Facebook, while also powering automated ad-creative tools within the Advantage Plus service to reduce reliance on third-party … Read more
Gryphline recently concluded its first offline tournament for the 3D strategy RPG Arknights: Endfield, titled “Contingency Contract Masters: Operation Ignition Experiment.” Held in Seoul on the 4th and 5th, the event featured 35 teams of two competing in the game’s high-difficulty “Contingency Contract” mode to determine the inaugural champions. What happened at the Arknights: Endfield … Read more
Investors have begun rotating capital away from major AI hyperscalers and toward semiconductor manufacturers, according to data from the second quarter. Companies including Micron, Intel, and AMD saw valuations surge, collectively adding approximately $2 trillion in market capitalization as the market broadened its focus from primary AI chip designers to the wider infrastructure supply chain. … Read more