Governance
Top tech news stories today: May 21, 2024
Explore Microsoft’s AI-optimised Copilot+ PCs, Google’s billion-euro Finnish data center expansion. Dive into stories shaping the future!
Headline
Explore Microsoft’s AI-optimised Copilot+ PCs, Google’s billion-euro Finnish data center expansion. Dive into stories shaping the future!
Context
Discover these and other transformative stories, including Microsoft’s launch of AI-optimised Copilot+ PCs, Google’s billion-euro investment in Finnish data centres, and Archer Aviation’s ambitious plans for flying taxis in the UAE. Bitcoin surged to $70,206 on Monday, marking an 82.3% increase from its January low. Ether also rose 13.3% to $3500. The launch of spot bitcoin ETFs in the U.S. this year has renewed investor interest, reversing the downturn experienced during the 2022 “crypto winter.” ( Yahoo! Finance )
Evidence
Pending intelligence enrichment.
Analysis
Venture capital funding for cryptocurrency startups surged to $2.4 billion in Q1 2024, a 40.3% increase from the previous quarter. This growth was driven by the debut of the first U.S. bitcoin spot ETF, boosting investor confidence. ( Econo Times ) An Australian computer scientist, Craig Wright, was found by London’s High Court to have lied extensively and forged documents to falsely claim he invented Bitcoin. Judge James Mellor ruled the evidence against Wright was “overwhelming,” concluding his actions were part of a grand deception to claim the identity of Satoshi Nakamoto. ( U.S. News ) RIPE 88 has commenced in Kraków and online, running from 20-24 May 2024. This meeting celebrates 35 years since the first RIPE Meeting, marking a significant milestone in the organisation’s history. ( RIPE NCC ) Alphabet-owned Google will invest an additional 1 billion euros in expanding its data centre campus in Fi-nland to boost AI business growth in Europe. Finland’s rapid wind power capacity increase supports the renewable energy needs of such data centres. ( Reuters )
Key Points
- Blockchain
- 1. Bitcoin rises to $70,206
- 2. Venture capital funding in crypto rises to $2.4 bln, PitchBook says
- 3. Self-proclaimed bitcoin inventor lied ‘repeatedly’ to support claim, says UK judge
- Internet governance
Actions
Pending intelligence enrichment.
