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GMI pursues vertical integration amid surging AI leasing demand
digitimes51d ago

GMI pursues vertical integration amid surging AI leasing demand

GMI Technology is transitioning from its role as an electronics distributor into an AI technology integration and application company, building vertically integrated capabilities from upstream chips to downstream end products. The company is optimistic about the rapid growth in AI leasing demand, with its revenue contribution expected to increase. It is also partnering with strategic ally GMI Cloud to participate in the deployment of computing infrastructure in Taiwan, the US, and other regions.

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The Bitcoin Cycle Is Different: Crypto Expert Reveals When Price Will Cross $100,000 Again
newsbtc51d ago

The Bitcoin Cycle Is Different: Crypto Expert Reveals When Price Will Cross $100,000 Again

Bitcoin and crypto have already proven that six figures are achievable, with price surging past $100,000 and extending to a peak of $126,198 in 2025. However, the pullback that followed has since dragged Bitcoin down to around $78,267. Yet, rather than signaling the end of the cycle, one expert argues that this downtrend is part of a broader structure that points to a return above $100,000. Bitcoin’s $100,000 Crypto Cycle Crypto expert @TheRealPlanC recently stated in a tweet that the rally which carried Bitcoin beyond $100,000 did not occur under favorable economic conditions. Instead, he explained that it developed during a contractionary business cycle, a period that has historically constrained risk assets. Related Reading: The Bitcoin Playbook: Analyst Says These 4 Numbers Are Your Entire Week Even within that restrictive environment, Bitcoin advanced into six-figure territory, suggesting that underlying demand remained intact. As the expert notes, that strength was met with sustained selling. Long-term holders reduced exposure as prices climbed beyond $100,000, while traders guided by Bitcoin’s four-year cycle exited positions toward the latter part of 2025. The decline that followed was intense but not driven by market structure alone. A combination of disruptions, including an exchange-related incident, institutional trading concerns, and heightened global uncertainty, added further strain. Despite these pressures, Bitcoin’s drawdown settled at roughly 52% from peak to trough, a level that, in the analyst’s view, reflects a correction rather than a collapse. This sequence, as @TheRealPlanC frames it, recasts the $126,198 high. Instead of marking the end of the cycle, it begins to resemble the first peak in a market that has yet to fully play out. When Bitcoin Could Climb Back Above $100,000 With Bitcoin now trading well below its previous high, the focus shifts to timing its return above $100,000. The Crypto expert links this expectation to a shift in the broader economic backdrop. He points to recent data showing the business cycle moving above the neutral threshold for three consecutive months, a development that signals a transition toward expansion. This shift is significant because it contrasts with the restrictive conditions that defined the earlier rally, opening the door for renewed upside. Related Reading: Pundit Predicts XRP Price Will Hit $100 In 2026 If These Dominoes Fall He also highlights changing demand dynamics. Large-scale accumulation, led by corporate buyers such as Michael Saylor, is reportedly absorbing between 10,000 and 30,000 Bitcoin each week. In the analyst’s view, this steady demand adds a structural layer of support as the market stabilizes. Within this context, @TheRealPlanC interprets the decline from $126,198 to current levels near $78,267 as a mid-cycle reset rather than a prolonged downturn. Based on this framework, the analyst expects Bitcoin to reclaim $100,000 as conditions improve. He ultimately places the next major peak in 2027, suggesting that a move back above six figures could occur before that point as momentum gradually rebuilds. This perspective positions the current phase as part of an extended cycle, where reclaiming $100,000 signals continuation rather than completion. Featured image created with Dall.E, chart from Tradingview.com

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Tech war: US Congress rolls out ‘largest’ export control upgrade against China
scmp51d ago

Tech war: US Congress rolls out ‘largest’ export control upgrade against China

US lawmakers have advanced 20 new export control measures – including the controversial Match Act – to further restrict Chinese access to US technology and bar Chinese chipmakers from gaining access to advanced semiconductor manufacturing equipment. In the latest salvo in the US-China tech war, the House Foreign Affairs Committee on Wednesday passed the measures through the committee stage to be deliberated by the rest of the House, describing the action as the “largest significant export...

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We translated the Palantir manifesto for actual human beings
gnnhd51d ago

We translated the Palantir manifesto for actual human beings

Palantir CEO Alex Karp is a man in charge of one of the most important and frightening companies in the world. Karp's new book, co-written with Nicholas Zamiska, is called "The Technological Republic." After claiming "because we get asked a lot", Palantir pos...

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Microsoft Elevate, EY and Caribou open Changemaker Fellowship applications for nonprofit and UN staff
edtechinnovationhub51d ago

Microsoft Elevate, EY and Caribou open Changemaker Fellowship applications for nonprofit and UN staff

Ten-week global program will train nonprofit , UN and intergovernmental staff in AI adoption, with first cohort beginning June 2026 and applications closing May 22. Microsoft Elevate, EY and Caribou have opened applications for the Changemaker Fellowship, with the first cohort beginning June 2026. Microsoft Elevate , EY and Caribou have opened applications for the Changemaker Fellowship, a 10-week global program designed to move nonprofit , UN and intergovernmental organization staff from early AI experimentation to responsible, strategic adoption. The fellowship will run across eight cohorts over two years, with the first cohort onboarded on June 24, 2026 and an official kick-off on June 29, 2026. EY brings professional services and change management expertise to the program, while Caribou is a digital development research and advisory firm focused on inclusive tech adoption across the social sector. Microsoft Elevate is acting as convenor and funder, providing technology access through its partner ecosystem. Applications for the first open call close on May 22 at 23:59 Pacific Standard Time, with approximately 25 fellows selected per cohort and a dedicated United Nations cohort expected within the first two intakes. Organizations can put forward one to three participants to collaborate on a shared use case. Naria Santa Lucia, Education and workforce leader at Microsoft Elevate, announced the program on LinkedIn . "AI can create meaningful, lasting value for nonprofits and IGOs", Santa Lucia wrote. She continued: "Nonprofit and IGO professionals are leading through complexity every day. As AI becomes a bigger part of how organizations operate, capacity building is essential." Santa Lucia went on to frame the fellowship as a response to a capacity gap rather than a tools gap. "Not just access, but the confidence, skills, and support that help leaders guide change responsibly and effectively", she wrote. She added that the program "gives nonprofit and IGO professionals the opportunity to deepen change management and AI skills while receiving dedicated coaching to help bring their plans to life." Ten-week program combines AI learning, change management and a final adoption plan The fellowship is structured across five two-week phases. Weeks one and two focus on onboarding, readiness baselining and problem framing. Weeks three and four cover use case development and stakeholder alignment. Weeks five and six move into design and roadmapping, addressing governance, risk and ownership. Weeks seven and eight produce a draft AI Adoption Plan with mentor and implementation partner support, and weeks nine and ten finalize the plan at a capstone event. Participants are expected to commit three to five hours per week across live workshops, asynchronous learning, peer exchange, mentor sessions, open office hours and direct work on the Adoption Plan. Organizations are required to cover associated costs, including connectivity and device access, and to enable full participation from selected fellows. Selection criteria prioritize implementation readiness and senior sponsorship A judging panel of five senior leaders and practitioners from Microsoft Elevate, EY, Caribou and trusted ecosystem partners will make final cohort selections. Applications are assessed against mission relevance, implementation readiness within three to six months, change leadership and senior sponsorship, realistic use case scope for a 10-week window, additionality for organizations that would otherwise lack an AI pathway, and cohort diversity across geography, sector and size. The fellowship is open to registered nonprofits, NGOs, intergovernmental organizations, UN agencies and defined functional units within larger organizations. It is currently delivered in English only. Applicants only need to apply once per open call to be considered for multiple upcoming cohorts, and those not placed in their preferred start month will be rolled forward for the next available intake. The first open call closes on May 22, and the next open window will be announced later in the year. Subscribe to the ETIH newsletter Sign up with your email address to receive news and updates. First Name Last Name Email Address Sign Up We respect your privacy and will not pass your email address on to third parties. However, we will occasionally send you promotional messages on behalf of our advertisers. Thank you!

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The New World ID: Proof of Human for the AI Era Scales Across the Digital Platforms People and Businesses Use Every Day>
aetoswire51d ago

The New World ID: Proof of Human for the AI Era Scales Across the Digital Platforms People and Businesses Use Every Day>

(BUSINESS WIRE) -- Last week, World announced the next generation of World ID, its proof of human protocol, designed to increase trust on the internet. The announcement was made during “Lift Off,” a live event in San Francisco. As AI makes it easier than ever to generate convincing content, identities, and interactions, trust online has decreased. World ID addresses this challenge by enabling individuals to privately prove they are a real, unique human, without revealing their identity across apps, platforms, and services. “If anything online can be faked, you no longer know who or what to trust,” said Tiago Sada, Chief Product Officer at Tools for Humanity, a company building tools for World. “World ID, which has already been used more than 450 million times, is designed to solve that at the root with a simple, privacy-preserving way to prove there’s a real human behind every interaction.” A Full-Stack Upgrade for Proof of Human The new World ID introduces an account-based architecture that makes proof of human more secure, more flexible, and ready for widespread adoption across consumer and enterprise use cases. Key capabil...

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