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the future is officially weird

From skin to egg: scientists pull off a sci-fi style fertility hack Source: Reuters Move over, sci-fi movies — real scientists just turned human skin cells into eggs. Yep, ordinary skin cells. Researchers at Oregon Health & Science University pulled off the feat by sliding the DNA from a skin cell into a donor egg … Read more

Spotify founder Daniel Ek shifts focus to defence and health tech

 When Daniel Ek founded Spotify (SPOT.N) in 2006, a viable music product was a “moon shot.” The global music industry was struggling with years of declining sales, online music piracy was rampant, and services like Apple’s (AAPL.O) iTunes were pricey. Ek, then a 23-year-old coder, believed if access to music was as easy as turning on a tap … Read more

FT reports Universal, Warner Music closing in on AI licensing deals

Universal Music (UMG.AS) and Warner Music (WMG.O) are nearing landmark artificial intelligence licensing deals, the Financial Times reported on Thursday, citing people familiar with the matter. Universal and Warner could each strike deals with AI companies within weeks, the newspaper said. Talks involved start-ups such as ElevenLabs, Stability AI, Suno, Udio and Klay Vision, the … Read more

OpenAI’s Stargate Project Taps Samsung, SK Hynix for Chip Supply

Samsung Electronics (005930.KS) and SK Hynix (000660.KS) have signed letters of intent to supply memory chips for OpenAI’s data centres, as South Korean chipmakers join forces with the ChatGPT maker to meet rising demand from its Stargate project. The announcements were made on Wednesday after OpenAI CEO Sam Altman met South Korean President Lee Jae … Read more

Germany targets economic growth with AI and reduced red tape

German Chancellor Friedrich Merz vowed on Wednesday to make Europe’s biggest economy competitive again after the cabinet approved measures aimed at reducing bureaucracy and making it quicker and easier to do business through AI and digitisation. “We are aware of the problems facing the German economy at the moment, but we aspire to return to … Read more

ZF Group to Slash 7,600 Jobs in Powertrain Division by 2030

ZF Friedrichshafen will cut around a quarter of its workforce in its electrified powertrain technology unit by 2030 under a restructuring deal reached with its works council and labour union IG Metall, the German auto supplier said on Wednesday. The move is part of a broader plan announced by ZF Group last year to eliminate up to 14,000 positions in Germany as … Read more

World Liberty Financial launching debit cards as early as this year

World Liberty Financial, a crypto venture backed by the family of US President Donald Trump, plans to launch a debit card that would “bridge crypto assets with everyday spending”, its CEO Zach Witkoff told a conference on Wednesday. “We are definitely rolling out a debit card that’ll bridge … crypto assets with everyday spending,” he said. … Read more