Australia’s NBN Co has opted for Amazon’s Project Kuiper over Elon Musk’s Starlink to connect 300,000 remote homes lacking broadband access. Despite Project Kuiper’s untested status, NBN considers it a viable solution, with plans to launch over 3,200 satellites by mid-2026. This move is influenced by concerns over potential reliance on Starlink amidst geopolitical uncertainties.
In other news, Elon Musk’s Neuralink has initiated its first European clinical trial, testing brain chips on paralyzed patients, following a significant funding boost and FDA approval. This innovation aims to transform neurological rehabilitation.
OpenAI is establishing its first European data center, Stargate Norway, in collaboration with Nscale and Aker, increasing its global presence while focusing on renewable energy.
Finally, Microsoft’s market valuation surpassed $4 trillion due to strong growth in its Azure cloud services, while the SEC is forming an AI task force and advancing cryptocurrency regulation to enhance market innovation.
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