1. Nvidia, Rigetti, and Moderna see stock fluctuations
Nvidia and Moderna stocks rose amid market activity, while Rigetti’s shares fell due to investor concerns about its financial trajectory. Source
2. Cliff Asness labels Bitcoin as speculative bubble
Investor Cliff Asness criticized Bitcoin as a speculative bubble, calling for legitimate use cases beyond speculation and illicit activities. Source
3. KAF Digital Bank gains license in Malaysia
Malaysia’s central bank awarded KAF Investment Bank a digital banking license, bolstering its financial ecosystem amid rising digital banking adoption. Source
4. FIUUS launches installment payment solution
FIUUS introduced a new installment payment system aimed at improving consumer affordability and helping businesses manage cash flow effectively. Source
5. NScale invests $2 billion in UK data centers
NScale committed $2 billion to develop new data centers in the UK, expanding cloud service infrastructure to meet growing demand. Source
6. UK Prime Minister unveils AI growth blueprint
The UK government released a comprehensive AI strategy focused on research, partnerships, and education to strengthen its leadership in AI development. Source
7. US allocates $117 million for Open RAN projects
The US government awarded $117 million to support Open RAN development, aiming to bolster domestic telecom infrastructure and reduce foreign dependencies. Source
8. Ericsson unveils ANA, an AI-based virtual assistant
Ericsson launched ANA, an AI-powered virtual assistant to simplify network operations and enhance service management for telecom operators. Source
9. Virgin Media O2 to phase out 3G by April
Virgin Media O2 will begin shutting down its 3G services in April to focus on expanding 4G and 5G networks. Source
10. Ethiopian telco IPO advances stock exchange plans
A major Ethiopian telecom IPO has paved the way for the establishment of the country’s first stock exchange, a key step in market liberalization. Source
11. CoreWeave opens first two UK data centers
CoreWeave launched its initial data centers in the UK to expand GPU cloud services, supporting AI and machine learning workloads. Source
12. CMC Networks appoints new Chief Revenue Officer
CMC Networks appointed Paolo Gambini as Chief Revenue Officer to drive revenue growth and expand its global telecom services. Source
13. BT outlines plans for 2G network shutdown
BT confirmed its timeline for decommissioning 2G networks, reallocating the spectrum to support 5G technology advancements. Source
14. HP secures $53M Chips Act grant for expansion
HP received $53 million in Chips Act funding to enhance semiconductor production at its Oregon facility. Source
15. Liquid Intelligent collaborates with Orange in Central Africa
Liquid Intelligent Technologies partnered with Orange to improve connectivity and broadband service in Central Africa. Source
