NEWS

The energy island: Why Big Tech is building its own power systems for the AI era

The energy island: Why Big Tech is building its own power systems for the AI era

By Cygnus | 04 Mar 2026

AI data centers are reshaping the energy market as companies like Amazon, Microsoft and Google invest in dedicated power generation to support massive computing deman

Kraken’s banking arm becomes first crypto firm to secure Federal Reserve payments access

Kraken’s banking arm becomes first crypto firm to secure Federal Reserve payments access

By Axel Miller | 04 Mar 2026

Kraken Financial makes history as the first crypto firm to gain a Federal Reserve master account, enabling direct access to U.S. payment rails.

Trump to meet tech giants on energy pledge ahead of midterms

Trump to meet tech giants on energy pledge ahead of midterms

By Cygnus | 04 Mar 2026

President Trump meets Google, Meta, and OpenAI to sign a pledge protecting consumers from high energy bills caused by AI data centers.

German services sector growth hits four-month high in February

German services sector growth hits four-month high in February

By Cygnus | 04 Mar 2026

Germany’s services sector saw accelerated growth in February 2026, driven by exports, though job cuts reached a post-pandemic high.

Walmart-backed PhonePe targets up to $10.5 billion valuation in landmark India IPO

Walmart-backed PhonePe targets up to $10.5 billion valuation in landmark India IPO

By Axel Miller | 04 Mar 2026

Walmart-backed PhonePe targets a $10.5B valuation for its India IPO. Learn why Microsoft is exiting and how PhonePe plans to monetize 650M users.

Alibaba’s Qwen AI division head becomes latest executive to leave this year

Alibaba’s Qwen AI division head becomes latest executive to leave this year

By Cygnus | 04 Mar 2026

Alibaba’s Qwen AI unit loses its third senior executive this year as division head Lin Junyang steps down despite reaching 200 million users.

Malaysia’s anti-graft agency probes $279 million government deal with Arm Holdings

Malaysia’s anti-graft agency probes $279 million government deal with Arm Holdings

By Axel Miller | 04 Mar 2026

Malaysia’s anti-graft agency is investigating a 1.1 billion ringgit deal with Arm Holdings involving allegations of fraud and abuse of power.

OpenAI weighing contract to deploy AI on NATO networks, source says

OpenAI weighing contract to deploy AI on NATO networks, source says

By Cygnus | 04 Mar 2026

OpenAI is considering deploying AI systems on NATO’s unclassified networks, expanding its defence partnerships after securing a Pentagon agreement.

Apple launches iPhone 17e at $599 with 256GB base storage

Apple launches iPhone 17e at $599 with 256GB base storage

By Cygnus | 02 Mar 2026

Apple launched the iPhone 17e at $599 with 256GB base storage, featuring the A19 chip, a new modem and MagSafe support to boost competitiveness in the mid-range market.

Kuwait downs U.S. fighter jets in apparent friendly-fire incident, CENTCOM says

Kuwait downs U.S. fighter jets in apparent friendly-fire incident, CENTCOM says

By Cygnus | 02 Mar 2026

Kuwait’s air defences mistakenly shot down three U.S. F-15 jets during combat operations, with all crew safe, highlighting risks as Gulf tensions escalate.

Rising regional tensions cast uncertainty over Big Tech’s AI bets in the Middle East

Rising regional tensions cast uncertainty over Big Tech’s AI bets in the Middle East

By Cygnus | 02 Mar 2026

Rising Gulf tensions are casting uncertainty over major AI and cloud investments by global tech companies, raising questions about timelines, costs and regional growth plans.

Pentagon tells Congress no intelligence showed Iran planned to strike U.S. first, sources say

Pentagon tells Congress no intelligence showed Iran planned to strike U.S. first, sources say

By Axel Miller | 02 Mar 2026

Pentagon officials told Congress intelligence did not show Iran planned to attack first, complicating the administration’s justification for large-scale strikes.

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