Cutting-Edge TEC
Trump Unveils $92B Investment to Build U.S. AI and Energy Hub
On July 15, Donald Trump attended the inaugural "Energy and Innovation Summit" in Pittsburgh, Pennsylvania, announcing a $9.2 billion investment plan to turn the state into a U.S. hub for energy, AI, and innovation. It marks the largest investment in Pennsylvania’s history, covering data centers, power infrastructure, and AI training, with over 9,000 jobs expected. Twenty major firms, including Google, Blackstone, and FirstEnergy, are participating.
EU Unveils Final AI Code of Conduct to Guide Compliance with AI Act
The European Commission on July 10 released the final version of the General-Purpose AI Code of Conduct, a voluntary framework designed to help companies adhere to the EU’s landmark Artificial Intelligence Act (AI Act) set to take effect on August 2. The guidelines apply to mainstream generative AI models like ChatGPT, Gemini, Llama, and Grok, outlining requirements for transparency, copyright compliance, and systemic risk management.
Emerging Weapons Technologies to Reshape Battlefields Over Next 30 Years
Over the next three decades, several new weapons technologies will emerge on the battlefield. Beyond currently developing non-lethal and energy weapons, multiple nations are pursuing anti-access/area denial (A2AD) systems to block military operations. A2AD technologies include anti-ship ballistic missiles, precision-guided anti-vehicle and anti-personnel weapons, counter-rocket, artillery, and mortar (CRAM) systems, anti-satellite weapons, and electromagnetic pulse (EMP) devices.
Hong Kong Unveils Ambitious Digital Asset Policy 2.0 to Lead Global Race
Hong Kong has launched its Digital Asset Policy Statement 2.0, marking a pivotal upgrade from its 2022 predecessor to solidify its position as a global leader in digital assets. The June 27 announcement emphasizes stablecoin regulation and asset tokenization as core priorities, aligning with the U.S. Senate’s recent passage of the Genius Act to regulate stablecoins, signaling intensified global competition in this burgeoning sector.
IQM Achieves Quantum Computing Profitability by Emulating SpaceX's Early Revenue Model
Finnish quantum computing firm IQM has achieved early-stage profitability by leveraging a SpaceX-inspired strategy of selling pre-commercial quantum systems to government-backed research institutions and supercomputing centers, CEO Jan Goetz announced at The Next Web (TNW) conference. This approach has generated over €90 million ($100 million) in orders since its 2018 founding,