Uzbekistan Said to Plot State Fund London IPO Before Gold Miner

Caterpillar Inc. has emerged as an unlikely player in the artificial intelligence sector, primarily known for its manufacturing of heavy machinery such as earth movers. The company has historically focused on traditional industrial equipment, making it less aligned with the AI-driven technology trends that have captivated many other sectors. Despite the growing interest in AI, Caterpillar's core business remains rooted in physical machinery, which may limit its appeal in the rapidly evolving tech landscape.

Demis Hassabis, co-founder of DeepMind, discussed the advancements of Gemini 3, Google's latest AI model, emphasizing its capabilities in world modeling and fitting the entire Google Search index into the system. He addressed concerns about the AI bubble and highlighted the model's potential to enhance user interactions and provide more accurate information. Hassabis's insights reflect a commitment to pushing the boundaries of AI technology and its integration into everyday applications.

The internet has become an essential part of daily life, underpinning the global financial and consumer ecosystem. Its fragility is highlighted by the significant costs and inconveniences incurred when parts of it fail. As reliance on the internet grows, understanding its vulnerabilities becomes crucial for maintaining stability in communication and transactions worldwide.

Kalshi Inc. CEO Tarek Mansour has announced that prediction markets are experiencing rapid growth and are expected to rival stock exchanges within a few years. This development indicates a significant shift in the financial landscape, as prediction markets offer an alternative method for investors to speculate on future events. The rise of these markets could attract a new wave of participants, potentially transforming how people engage with financial predictions and investments.

Lovable, a Swedish artificial intelligence coding startup, has announced that it has achieved $200 million in annual recurring revenue. This milestone reflects the company's rapid growth and positions it to seek additional funding less than five months after its previous fundraising round. The achievement highlights Lovable's increasing prominence in the technology sector, particularly in AI-driven solutions for coding.

Raith, a German supplier of nano-technology for critical sectors like quantum computing, is considering a sale that could value the company at approximately €1 billion ($1.2 billion). The private equity owner is exploring this option amid growing interest in quantum technologies, which are becoming increasingly vital in various industries.

HSBC Holdings Plc plans to introduce tokenized deposits for its corporate clients in the United States and the United Arab Emirates in the first half of next year. This initiative is part of a broader trend among banks to integrate blockchain technology into their payment systems, reflecting a growing interest in digital finance solutions.

Apple and Tencent are collaborating to regulate the WeChat economy, a significant move for mobile app developers. This initiative is part of a new program that Apple is offering, which aims to provide developers with better tools and frameworks to navigate the complexities of the WeChat platform. The involvement of Tencent, a major player in the Chinese tech landscape, underscores the importance of this partnership in shaping the future of app development and monetization strategies within the WeChat ecosystem.