The EU’s AI Act is moving forward without delays, with general-purpose AI obligations beginning in August 2024 and high-risk models following in August 2026, with penalties up to 7% of global revenue. More than 45 European CEOs signed open letters urging a two-year pause, warning that overly complex regulation could hinder Europe’s global competitiveness and…
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Over 45 major European firms—including ASML, Airbus, Mercedes-Benz, and Siemens Energy—urged the EU to delay the AI Act by two years to protect innovation. AI engineers now command $2–10 million per year, as Meta commits up to $72 billion to AI in 2025. Microsoft’s MAI Diagnostic Orchestrator (MAI-DxO) diagnoses diseases four times more accurately and…
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Microsoft laid off about 4% of its workforce in July 2025, citing AI as a direct replacement for roles, notably in Xbox. More than 110 major European companies, including ASML, Airbus, Siemens, SAP, and Mistral AI, signed open letters urging a two-year delay to the EU AI Act due to its complexity and costs. Meta…
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Astronomers confirmed 3I/ATLAS (C/2025 N1) as the third confirmed interstellar object to visit our solar system, about 20 km wide, detected by NASA’s ATLAS survey, and it will pass inside Mars’ orbit in October 2025 at a minimum distance of 1.6 AU. NASA’s James Webb Space Telescope directly imaged exoplanet TWA 7 b, a Saturn-mass…
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Revolut will integrate the European Payments Initiative’s Wero wallet into the Revolut app for customers in France, Belgium and Germany, a system launched in 2024 that already has over 40 million users and aims to add e-commerce payments by late 2025 (announced June 26, 2025). Lunar, the Nordic digital bank, announced in June 2025 partnerships…
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As of early 2024, Turkmenistan had about 2.59 million internet users, roughly 39.5% of the population—the lowest penetration in Central Asia. Turkmenistan’s telecom market is a state monopoly led by Turkmentelecom (Turkmen Telecom), with TM CELL/Altyn Asyr as the sole mobile operator after MTS exited in 2017–2018. There were about 4.34 million mobile subscriptions in…
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Global energy investment is projected to reach $3.3 trillion in 2025, with about $2.2 trillion directed to clean energy technologies. Solar is expected to attract $450 billion in 2025, making it the single biggest area of energy investment. China added 198 GW of solar and 46 GW of wind between January and May 2025, with…
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In June 2024, the Supreme Council of the Cultural Revolution approved the National Artificial Intelligence Document, a comprehensive policy blueprint for AI development. By July 2024, Iran established the National AI Organization as an independent body under the President’s supervision to steer the AI ecosystem and aim to be among the world’s top 10 AI…
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Global Marketplace Highlights (B2C & B2B) Innovations in E-Commerce Infrastructure & Technology Leading e-commerce companies made significant infrastructure and tech upgrades in mid-2025 to improve performance and scalability: Payments and Fintech Updates in E-Commerce The intersection of e-commerce and financial technology saw major developments in June–July 2025, as platforms and payment providers rolled out new…
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The world of artificial intelligence (AI) is in the midst of a seismic transformation. In just the past week, the industry has witnessed a cascade of breakthroughs, controversies, and power plays that are reshaping not only technology, but also society, the economy, and global geopolitics. From Elon Musk’s Grok AI scandal and the intensifying AI…
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