Sovereign AI is becoming a priority for many countries as they seek to build artificial intelligence capabilities using their own data and infrastructure. This trend involves developing domestic AI computing power through partnerships with state-owned telecoms or local cloud providers. Examples include France’s Scaleway, Japan’s AIST, and Switzerland’s Swisscom Group. With support from NVIDIA's expertise in AI infrastructure and technology, these nations are enhancing their ability to maintain control over AI development and leverage their unique resources to drive innovation and secure their digital futures.

Institutional Bitcoin Accumulation: A Growing Trend

Institutional interest in Bitcoin has increased, with major companies and the launch of Bitcoin Exchange-Traded Funds (ETFs) marking significant investment milestones. MicroStrategy leads the way, holding over 1% of the total Bitcoin supply, with others such as Marathon Digital, Galaxy Digital and Tesla also heavily invested. Canadian and international companies such as Hut 8, Hive, Nexon and Phoenix Digital Assets are also accumulating Bitcoin. Combined, these companies hold over 340,000 BTC, reflecting strong institutional confidence. Bitcoin ETFs have further fueled accumulation, adding over 91,000 BTC recently, bringing total control to around 1.24 million Bitcoin, or 6.29% of the total supply.

Global Bitcoin Adoption Trends: An Overview from 2019-2024

From 2019 to 2024, Bitcoin adoption has shown varying trends across countries, reflecting changes in the global cryptocurrency landscape. Argentina has seen a notable increase in Bitcoin usage, reaching 30% in 2024, largely driven by economic instability. Similarly, Brazil and India have seen significant growth in adoption, particularly in 2022, driven by the rise of digital financial services. In contrast, Switzerland and the United States have shown a more steady and gradual increase, suggesting more controlled and mature markets. Overall, these trends highlight a growing global interest in Bitcoin as an investment asset and a hedge against economic uncertainty.

What do people actually use chatbots for?

The Washington Post recently analyzed more than 200,000 chatbot conversations to find out what people actually use AI models for. While we might assume that most inquiries are job-related, the most common prompts — more than one-in-five — turned out to involve either creative writing or role-playing.

Roughly 18% of prompts mentioned homework help, while just 15% were related to work or business. Despite AI’s impressive language skills, only about 2% of prompts involved English help and translation.

Emerging Asian currencies outperformed their Latin American counterparts in August, buoyed by a weaker dollar. The Philippine peso (PHP) saw its best monthly gain in 18 years, while the Indonesian rupiah (IDR) reached its highest level in over four years. In contrast, Latin American currencies like the Mexican peso (MXN) faced significant declines due to domestic challenges and fluctuating commodity prices. Despite this, the softer dollar and hopes of a U.S. economic soft landing offer emerging markets some relief, creating opportunities to cut interest rates and focus on domestic growth. According to Ehsan Khoman, head of emerging market research at MUFG, central banks in countries such as the Philippines, Singapore, South Africa, South Korea, Taiwan, and Turkey are expected to follow the lead of early rate-cutters in Latin America and Central and Eastern Europe for the remainder of the year.