Looming US Power Crunch to Impair AI Abilities, Schneider Says

In 2025, the growth of solar energy in the United States has nearly balanced out the increase in electricity demand, which has seen a gradual decline. This development highlights the significant role solar power is playing in the energy landscape of the country.

X, the social media platform owned by Elon Musk, has introduced a new feature called 'About this account' that reveals the country of origin for user profiles, enhancing transparency about user locations. This initiative aims to clarify the origins of accounts, particularly those labeled as 'US,' which may actually be operated from abroad.

South Korea successfully conducted its first rocket launch led by a private company, marking a significant milestone in its ambitions to enhance its role in the global space race. This event underscores the country's commitment to developing its space capabilities and fostering a competitive commercial space sector.

Three councils in London have been impacted by a cyberattack, leading to significant disruptions in their services and prompting the activation of emergency plans. This incident underscores the increasing vulnerability of public institutions to cyber threats.

Italy's Finance Ministry is nearing an agreement to sell the digital-payments platform PagoPa to two state-controlled companies for up to €500 million ($579 million), marking a significant step in the government's strategy to streamline its digital assets.

Europe’s equivalent of NASA is requesting €22 billion ($25.5 billion) from its member states over the next three years, marking a 36% increase from its previous budget as countries enhance their military capabilities in space.

Nigeria is set to transition its stock market to settle trades within two business days following the transaction date, a move aimed at enhancing market liquidity and attracting a larger pool of investors.

McKinsey & Co. has recently cut approximately 200 tech jobs globally as part of a strategic shift towards utilizing artificial intelligence to automate certain roles within the company. This decision aligns with a growing trend among consulting firms to leverage AI technologies for operational efficiency.