Bloomberg: Ripple Labs plans to lead $1 billion fundraising to build XRP reserve strategy

Powell said the Federal Open Market Committee is weighing interest rates on a meeting-by-meeting basis, with no long-term consensus. US Federal Reserve Chair Jerome Powell said the 19 members of the Federal Open Market Committee (FOMC) remain divided on additional interest rate cuts in 2025.At Wednesday’s press conference after the Fed’s 25-basis-point rate cut, Powell said the central bank is trying to balance its dual mandate of maximum employment and price stability in an unusual environment where the labor market is weakening even as inflation remains elevated. Powell said:Powell said that the “median” FOMC projection from the Federal Reserve’s Summary of Economic Projections (SEP), the Fed’s quarterly outlook for the US economy that informs interest rate decisions, projected interest rates at 3.6% at the end of 2025, 3.4% by the end of 2026, and 3.1% at the end of 2027.Read more

Universal Basic Income may sound like a safety net for an automated future, but evidence shows it’s economically inefficient and socially limited. Instead, governments should focus on “automation-proof” education—policies that promote vocational training, higher education, and human-centric skills such as creativity and emotional intelligence. Investing in education, the data suggests, delivers far higher returns for both individuals and national economies than funding UBI programs ever could.

The post Nigeria Data‑Center Investment $1 B Boosts AI Infrastructure, Equinix Leads the Way appeared on BitcoinEthereumNews.com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process—not noise. 👉 Sign up → Nigeria is set to lead Africa’s AI data center race, backed by $1 billion in global investments that will create resilient infrastructure and boost the continent’s digital economy. Key point 1 – $1 billion in AI‑focused data center investment. Key point 2 – Major players such as Equinix, Microsoft, and Rack Centre are expanding operations, using local talent and tailored AI models. Key point 3 – Nigeria’s cloud market is projected to grow 26% CAGR, reaching $3.28 billion by 2030. Nigeria’s AI data center boom is powered by $1 billion in investment, aimed at building the fastest and most resilient cloud infrastructure on the continent. How is Nigeria becoming a leading AI infrastructure hub? With a youthful, tech‑savvy population of 240 million, Nigeria is investing heavily in data centers that support artificial intelligence workloads. Companies like Equinix, Microsoft, MTN, Rack Centre, Airtel, and Open Access Data Centres are committing around $1 billion to build robust, low‑latency AI infrastructure, positioning the country at the forefront of Africa’s digital economy. What is the projected growth of Nigeria’s AI‑enabled cloud market? According to a report from Mordor Intelligence published in 2025,…