Technological Development

Universal Music and Warner Music are in talks with AI companies to license their catalogues for training systems and generating tracks. The deals could set rules for payments and how copyrighted music is used by AI.

After conquering space, the Internet, and even the crypto frontier, the world’s richest tech moguls have found their newest—and most intimate—playground: your brain. In an explosive new chapter for technology, Elon Musk and Sam Altman are battling for control of human consciousness itself.

Naver will take full control of Upbit by exchanging shares with Dunamu, making it a wholly owned subsidiary. Major Dunamu shareholders will swap their stakes for Naver Financial shares, finalising the acquisition once approvals are completed.

Once seen mainly as a shortcut for students, AI is now being reframed as both a challenge and an opportunity—one that can personalize learning, foster creativity, and even transform how knowledge is acquired.

Coinbase CEO Brian Armstrong revealed that over 40% of the exchange's codebase is currently generated by artificial intelligence, more than doubling since April. Armstrong is aiming to increase the number to 50% by next month, signaling a bold commitment to integrating AI across the company’s development processes.

Malaysia’s YTL Group and Singapore’s Sea Limited have launched Ryt Bank, described as the world’s first AI-powered digital bank. It offers daily savings interest, PayLater credit, and cashback rewards, with deposits insured under Malaysia’s banking rules.

Coinbase launched a new tool called Embedded Wallets that lets developers add crypto wallets directly into their apps. Users can access these wallets with just an email or SMS, with no need for browser extensions or seed phrases.

OpenAI raised $8.3 billion from top investors, boosting its valuation to $300 billion as it aims for a $40 billion total this year. The funding comes as the company faces pressure to switch to a full for-profit model and finalise new deals with Microsoft.

A sensational leak known as the “Panama Playlists” is giving the world a cheeky peek into the musical tastes of tech’s biggest names.

Figma’s share price jumped 250% on its NYSE debut, closing at $115 and rising further after hours. The company also revealed it had put nearly $100 million into Bitcoin and stablecoins as part of its treasury plan.