Crypto Exchange Kucoin to leave the United States in the middle of the trial resolution

Cryptocurrency exchange Kucoin will leave the American market for at least two years after its operator, Peken Global Limited, based in Seychelles, pleaded guilty on Monday, January 27 to an operating manager of a money transmission company without license. Peken will also pay monetary penalties totaling more than $ 297 million, while two of its…

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Why AI May Undermine The Just Transition

The provident gap is not a technology failure – it is a challenge for institutional alignment. Dropout By Ioannis Ioannou, associate professor of strategy and entrepreneurship in London Business School In some parts of East Africa, AI tools are increasingly capable of predicting precipitation models, crop failure and soil degradation. Satellite imaging and automatic learning…

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The world needs to hedge its AI bets

When everyone is digging for gold, sell shovels. This old maxim reflects the same logic as the current boom in artificial intelligence: the profits go to those who provide the chips and infrastructure, not the money-losing labs that build the models. Nvidia’s record profits last year, which pushed the chipmaker’s market value past $5 trillion,…

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