technology 28 - The Latremie Post

AI Boom By 2030: $2 Trillion In Annual Revenue Needed To Power Global Computing Demand

New Delhi: A new report by Bain & Company reveals that at least $2 trillion in annual revenue will be required to fund the computing power needed to meet the anticipated global AI demand by 2030. Despite potential AI-related savings, the world still faces an $800 billion shortfall to keep pace with this growing demand.

According to the report, global incremental AI compute requirements could reach 200 gigawatts by 2030, with the United States accounting for half of this power consumption. Even if US companies redirected all their on-premise IT budgets to the cloud and reinvested AI-generated savings from sales, marketing, customer support, and R&D into capital spending on new data centers, the funds would still be insufficient to cover the full investment needed. This is because AI’s compute demand is increasing at more than twice the rate of Moore’s Law, Bain noted.

“By 2030, technology executives will face the challenge of deploying about $500 billion in capital expenditures and securing roughly $2 trillion in new revenue to profitably meet demand,” explained David Crawford, chairman of Bain’s Global Technology Practice. He added that since AI compute demand is outpacing semiconductor efficiency, there will be dramatic increases in power supply requirements on grids that have not expanded capacity for decades.

The report also highlights the complexities created by the competitive arms race among nations and leading technology providers. This dynamic brings risks of both overbuilding and underbuilding infrastructure, making strategic planning more challenging than ever. Navigating potential innovations, infrastructure constraints, supply shortages, and algorithmic improvements will be critical in the coming years, Crawford emphasized.

While computational demand surges, many leading companies have transitioned from piloting AI capabilities to profiting from AI at scale. Organizations applying AI across core workflows have achieved earnings before interest, taxes, depreciation, and amortization (EBITDA) gains ranging from 10% to 25% over the past two years. However, the report notes that most companies remain in experimental stages with AI and are content with modest productivity improvements.

Bain also found that tariffs, export controls, and government efforts worldwide to develop sovereign AI capabilities are accelerating the fragmentation of global technology supply chains. Cutting-edge fields like AI have evolved beyond being mere catalysts for economic growth to becoming essential instruments of political power and national security.

“Sovereign AI capabilities are increasingly regarded as a strategic advantage comparable to economic and military strength,” said Anne Hoecker, head of Bain’s Global Technology Practice.

*Disclaimer: This story is from a syndicated feed. Only the headline has been modified.*
https://www.freepressjournal.in/business/ai-boom-by-2030-2-trillion-in-annual-revenue-needed-to-power-global-computing-demand

Japan’s First Ordinance Limits Smartphone Use to Two Hours a Day

The measure, set to take effect on October 1st, marks the first time in Japan that smartphone usage guidelines will apply to all residents. Notably, no penalties will be imposed for any violations of the ordinance.

The primary aim of this new regulation is to ensure that children get sufficient sleep and to promote increased communication within families. To support this goal, the ordinance establishes specific cut-off times for smartphone use among minors.

Elementary school students and younger are advised to stop using smartphones by 9 PM. For junior high school students and older minors (under 18 years old), the recommended cut-off time is 10 PM.

By setting these guidelines, the measure hopes to foster healthier habits and strengthen family interactions across the country.
https://newsonjapan.com/article/146984.php

Japan’s First Ordinance Limits Smartphone Use to Two Hours a Day

The new ordinance, set to take effect on October 1st, marks the first of its kind in Japan by establishing smartphone usage guidelines for all residents. Notably, no penalties will be imposed for any violations of these guidelines.

The primary goal of this measure is to ensure that children get sufficient sleep, while also encouraging increased communication within families. To support this, the ordinance outlines specific cut-off times for minors when using smartphones.

Elementary school students and younger are advised to stop using their smartphones by 9 PM. Meanwhile, junior high school students and older minors (under 18 years old) are encouraged to cease smartphone use by 10 PM.

By promoting healthier smartphone habits, this initiative aims to foster better sleep and strengthen family relationships across the community.
https://newsonjapan.com/article/146984.php

Japan’s First Ordinance Limits Smartphone Use to Two Hours a Day

The new ordinance, set to take effect on October 1st, marks a first in Japan by establishing smartphone usage guidelines for all residents. Notably, no penalties will be imposed for any violations of these guidelines.

The primary aim of this measure is to ensure that children get sufficient sleep and to foster increased communication within families. To support this goal, the ordinance specifies recommended smartphone cut-off times for minors.

Elementary school students and younger are advised to stop using smartphones by 9 PM. Meanwhile, junior high school students and older minors (under 18 years old) are encouraged to cease usage by 10 PM.

Through these guidelines, the ordinance seeks to promote healthier habits and strengthen family bonds across the country.
https://newsonjapan.com/article/146984.php

Bitcoin ETF Surge Prompts Warning From $20B Asset Manager

South African asset manager Sygnia Ltd., which oversees around $20 billion, is riding the wave of interest in digital assets. However, its leadership is warning investors not to get carried away.

Speaking to Bloomberg, CEO Magda Wierzycka acknowledged the strong inflows into Sygnia’s recently launched Bitcoin ETF, yet stressed that the fund should not be treated as a core holding. She advised that crypto exposure remain limited to no more than 5% of discretionary or retirement portfolios, emphasizing that the messaging around such products must be realistic.

### Balancing Growth and Risk

Wierzycka argued that while Bitcoin has potential as a long-term investment, its volatility makes it dangerous for households in developing economies. In markets like South Africa, where average incomes are far lower than in wealthier countries, she warned that sudden price swings could wipe out life savings if investors allocate too aggressively.

Her comments highlight the delicate balance asset managers face: encouraging adoption of innovative products while shielding clients from extreme downside risk.

### More ETFs on the Horizon

Despite its cautious tone, Sygnia is not turning away from the sector. The firm is preparing to file for additional crypto ETFs on the Johannesburg Stock Exchange, pending regulatory clearance. This move underscores the rising appetite for regulated exposure to digital assets among South African investors.

### A Rapidly Growing Market

South Africa is emerging as one of Africa’s most active crypto hubs. Local exchanges are proliferating, adoption among businesses and individuals is accelerating, and forecasts suggest that over 10% of the population will be engaged with crypto by 2025.

Unlike some governments that have restricted or banned digital assets, South African regulators are integrating them into the financial system by classifying them as financial products.

For Wierzycka, the message remains consistent: innovation is welcome, but responsibility is essential. “Bitcoin can play a role,” she said, “as long as investors understand its risks and keep it in proportion.”

—

*Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.*

—

**Author**
Alex is a reporter at Coindoo and an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. Alex’s approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
https://coindoo.com/bitcoin-etf-surge-prompts-warning-from-20b-asset-manager/

US government approves Meta’s LLaMA for official use

**US Government Approves Meta’s LLaMA for Official Use**

*By Akash Pandey | Sep 22, 2025, 06:31 PM*

The US government has officially approved the use of Meta Platforms’ artificial intelligence (AI) system, LLaMA, as part of its ongoing efforts to integrate commercial AI tools into federal operations. Josh Gruenbaum, the General Services Administration (GSA)’s procurement lead, confirmed that LLaMA will be added to the list of approved AI tools available for use by federal agencies.

**About LLaMA**

LLaMA is a family of large language models (LLMs) developed by Meta that can process diverse types of data, including text, video, images, and audio. This versatility allows the tool to support a wide range of government applications.

In recent months, the GSA has also approved AI tools from major tech companies such as Amazon Web Services (AWS), Microsoft, Google, Anthropic, and OpenAI. These companies have committed to offering their paid AI products at discounted rates, while ensuring compliance with stringent government security standards.

**Enhancing Government Efficiency**

The GSA has confirmed that LLaMA meets all the government’s security and legal requirements. This approval enables federal agencies to experiment and utilize this free AI tool confidently and without concerns.

The inclusion of LLaMA is part of a larger initiative to boost efficiency and productivity across various government departments. Agencies will be able to leverage LLaMA for multiple tasks, such as accelerating contract reviews and swiftly resolving IT issues, ultimately streamlining operations.

As the government continues embracing advanced AI technologies, tools like LLaMA are set to play a key role in transforming public sector workflows and services.
https://www.newsbytesapp.com/news/science/us-government-can-now-use-meta-s-ai-tool-llama/story

US government approves Meta’s LLaMA for official use

**US Government Approves Meta’s LLaMA for Official Use**

*By Akash Pandey | Sep 22, 2025, 06:31 PM*

The US government has officially approved Meta Platforms’ artificial intelligence (AI) system, LLaMA, for use in federal operations. This decision aligns with the current administration’s broader efforts to incorporate commercial AI tools into government workflows.

**What is LLaMA?**

LLaMA is a family of large language models (LLMs) developed by Meta that can process a variety of data types, including text, video, images, and audio. Its versatility makes it suitable for numerous applications across different federal agencies.

**Government Approval and Collaboration**

Josh Gruenbaum, the General Services Administration (GSA)’s procurement lead, confirmed that LLaMA will be added to the list of approved AI tools available for use by federal agencies. This addition joins other recently approved AI tools from technology giants such as Amazon Web Services (AWS), Microsoft, Google, Anthropic, and OpenAI.

These companies have agreed to provide their paid AI products at discounted rates while meeting the government’s strict security and legal standards.

**Enhancing Operational Efficiency**

The GSA has ensured that LLaMA complies with all necessary security and legal requirements, allowing federal agencies to use this powerful AI tool confidently and without concerns.

The approval of LLaMA is part of a wider initiative to boost efficiency and productivity within government departments. Federal agencies will be able to leverage LLaMA’s capabilities for a range of tasks, including speeding up contract reviews and rapidly resolving IT issues.

This move marks a significant step towards modernizing government operations by integrating advanced AI technologies from leading industry players.
https://www.newsbytesapp.com/news/science/us-government-can-now-use-meta-s-ai-tool-llama/story

US government approves Meta’s LLaMA for official use

**US Government Approves Meta’s LLaMA for Official Use**
*By Akash Pandey | Sep 22, 2025, 06:31 PM*

The US government has officially approved the use of Meta Platforms’ artificial intelligence (AI) system, LLaMA, as part of its ongoing effort to integrate commercial AI tools into federal operations.

Josh Gruenbaum, the General Services Administration (GSA)’s procurement lead, confirmed that LLaMA will be added to the list of approved AI tools available for use by federal agencies.

### About LLaMA and Its Capabilities

LLaMA is a family of large language models (LLMs) capable of processing diverse data types including text, video, images, and audio. This versatility makes it a valuable tool for various government tasks.

In recent months, the GSA has also approved AI solutions from other major tech companies such as Amazon Web Services (AWS), Microsoft, Google, Anthropic, and OpenAI. These providers have committed to offering their paid AI products at discounted rates while ensuring compliance with government security standards.

### Enhancing Government Efficiency

The GSA has verified that LLaMA meets all necessary security and legal requirements, allowing federal agencies to experiment with this free tool confidently.

This approval aligns with a broader initiative to boost efficiency and productivity across multiple government departments. Agencies will now be able to leverage LLaMA to expedite contract reviews, resolve IT issues more quickly, and streamline various administrative processes.

By incorporating advanced AI tools like LLaMA, the government aims to modernize operations and deliver faster, more effective public services.
https://www.newsbytesapp.com/news/science/us-government-can-now-use-meta-s-ai-tool-llama/story

Long-Term Interest Rates in Japan Rise to 17-Year High

Long-term interest rates in Japan, which influence fixed mortgage rates, rose to their highest level in 17 years. The yield on 10-year government bonds briefly reached 1.665 percent during trading on September 22nd, marking the highest level since 2008.

In an innovative approach to electricity demand control, frozen tuna stored at minus 60 degrees Celsius are now being used as a cooling agent. By temporarily shutting down refrigeration units and utilizing the fish itself to maintain storage temperatures, companies are beginning to reduce power consumption effectively.

The Consumer Affairs Agency has announced that Ajinomoto and Inglewood are suspected of engaging in stealth marketing practices related to their frozen home-delivery meal brand, “Aete.” The companies allegedly asked individuals to post on social media in exchange for free products and later republished those posts on their sales sites.

Seven-Eleven Japan has completed a large-scale overhaul of the store system used by approximately 21,000 outlets nationwide. This milestone comes five years after the project was first conceived. The new system marks a significant step in digital transformation, replacing the company’s traditional infrastructure with a cloud-based model designed to enhance efficiency and service.

On September 19th, the Bank of Japan decided to maintain its policy interest rate at 0.5 percent, marking the fifth consecutive meeting without a rate change. This decision, supported by a majority of the Policy Board, comes as the central bank closely monitors the impact of U.S. tariffs, commonly referred to as the Trump tariffs.
https://newsonjapan.com/article/146971.php

ED questions Robin Uthappa in online betting app case

Robin Uthappa Questioned by ED in Online Betting App Case

By Parth Dhall | Sep 22, 2025 | 02:06 PM

Former Indian cricketer Robin Uthappa was summoned by the Enforcement Directorate (ED) in connection with an alleged money laundering case linked to the illegal online betting platform 1xBet. The 39-year-old arrived at the ED Headquarters around 11 AM on September 22, where he was questioned under the Prevention of Money Laundering Act (PMLA).

Investigation into Illegal Betting Platforms

This questioning is part of a broader crackdown on illegal betting platforms and their celebrity endorsers. The ED is currently probing multiple cases involving unlawful betting apps that are suspected of duping investors and users of crores of rupees, as well as evading significant tax payments.

1xBet, a Curacao-registered company, claims to be a “globally recognized bookmaker” with 18 years of experience in the betting industry. The platform offers betting options on thousands of sporting events and is accessible in 70 languages worldwide through its website and app.

Focus on Celebrity Endorsements

The ED’s investigation is focusing on how celebrities, including cricketers and Bollywood as well as South Indian film stars, were approached by 1xBet for endorsements. Authorities are examining the contacts involved in India, the nature of compensation received, and whether these payments constitute “proceeds of crime” under the PMLA.

Since last year, several prominent figures have been questioned regarding their alleged promotion of illegal betting platforms. Robin Uthappa now joins this growing list of celebrities under scrutiny.

Legal Framework: Ban on Real-Money Online Gaming

In response to the rising concerns over illegal online betting, the Indian government passed the Promotion and Regulation of Online Gaming Bill, 2025, last month. This new law places online gaming under a central regulatory framework and empowers the government to ban real-money gaming platforms.

As a result, many platforms offering real-money games—including Dream11, Games24x7, Winzo, GamesKraft, 99Games, KheloFantasy, and My11Circle—were mandated to cease their operations in India.

The ongoing investigations and new legislation mark a significant step toward curbing illegal online betting and regulating the gaming industry in the country.

https://www.newsbytesapp.com/news/sports/robin-uthappa-questioned-by-ed-details-here/story