Intesa Sanpaolo makes US$1 million Bitcoin investment, leading crypto adoption in Italy

Intesa Sanpaolo, Italy’s largest banking group, has made headlines by purchasing 11 Bitcoins for approximately €1 million.
Adobe launches AI-powered ‘Firefly Bulk Create’ for mass image editing

Adobe has unveiled a new generative AI tool, “Firefly Bulk Create,” designed to streamline the editing of large image batches.
Huawei partners with Fangda Group to bring AI innovation to steel and aviation industries

Huawei Technologies has entered strategic partnerships with Fangda Group Industrial, focusing on digital transformation and the adoption of AI across the steel and aviation sectors.
Microsoft establishes new AI engineering group led by former Meta executive

Microsoft has announced the formation of a dedicated engineering group focused on artificial intelligence, dubbed CoreAI – Platform and Tools.
BlackRock debuts Bitcoin ETF on Cboe Canada

BlackRock Asset Management Canada Limited has launched the iShares Bitcoin ETF (IBIT) on Cboe Canada, marking a significant addition to the growing cryptocurrency investment scene.
Tether to relocate headquarters to El Salvador amid crypto hub ambitions

Tether, the issuer of the world’s largest stablecoin, has announced plans to move its headquarters to El Salvador, as the Central American nation continues its push to position itself as a global cryptocurrency hub.
Nvidia criticizes Biden’s AI chip restrictions while eyeing favor with Trump

Nvidia has openly criticized the Biden administration’s newly announced AI framework, while indicating potential support with the incoming Trump administration.
MicroStrategy adds another US$243 million in Bitcoin, expanding holdings to 2% of total supply

MicroStrategy has purchased an additional US$243 million worth of Bitcoin, marking its tenth consecutive weekly acquisition as the company continues its aggressive cryptocurrency investment strategy.
New blockchain initiative, Lightchain AI, is ‘Ethereum meets artificial intelligence’

A new blockchain initiative, Lightchain AI, is aiming to redefine the relationship between AI and decentralized technology.