Russia's central bank governor Elvira Nabiullina announced that the State Duma will consider a law allowing international payments via cryptocurrencies. The law aims to permit settlements in cryptocurrencies within an experimental regime. The consideration comes as Russia faces financial pressure from Western sanctions.

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Britain's competition regulator, the Competition and Markets Authority (CMA), is investigating a potential merger between Google-parent Alphabet and artificial intelligence startup Anthropic, citing concerns over reduced competition in the UK. The regulator has invited comments from interested parties before beginning a formal investigation.

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Neurotech startup Synchron has connected its brain implant to Apple's Vision Pro headset, enabling patients with limited physical mobility to control the device using only their thoughts. The company has implanted its brain-computer interface in 10 patients in the US and Australia. Apple released the Vision Pro earlier this year, and Synchron is working to make it accessible to patients who cannot speak or move.

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WeRide, a self-driving technology firm, is accelerating its global expansion as the AI boom boosts adoption of machine learning in transportation. The company is focusing on logistics delivery and waste transport, with its Singapore director, Sebastian Yee, noting that these areas are moving forward rapidly due to AI development. WeRide showcased its fully-driverless shuttle, Robobus, at the Beijing High-level Autonomous Driving Demonstration Area.

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Apple revealed that its AI models, Apple Intelligence, were pre-trained on Google's Tensor Processing Unit (TPU) processors. This move indicates that big tech companies are seeking alternatives to Nvidia for AI training. The technical paper detailing this was published by Apple, and a preview version of Apple Intelligence was released for some devices. The CEOs of Google and Apple, Sundar Pichai and Tim Cook, respectively, were present at a roundtable discussion with US President Joe Biden.

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Apple has released the first version of Apple Intelligence, a suite of artificial intelligence features, in the developer beta of iOS 18.1. The new software is available to registered Apple developers who pay $99 a year. It will be released to the public later this year, but not alongside new iPhone hardware.

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Apple will release artificial intelligence features in October, initially missing the iPhone and iPad software updates. The features will only work on iPhone 15 Pro models and newer. Apple previously announced the AI features would be released in a beta version this fall, and they're expected to help drive sales of Apple's new iPhones.

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Bitcoin rose 2% to $69,640.00, while ether increased 3% to $3,382.15, as investors digested political developments and looked ahead to central bank meetings. The Federal Reserve, Bank of Japan, and Bank of England are meeting this week, with Fed Chair Jerome Powell's comments being closely watched for confirmation of an interest rate cut in September.

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Temu and Shein, two discount shopping apps, have gained immense popularity in the US, surpassing popular social media apps like Instagram, WhatsApp, and Snapchat on the Apple App Store in just 17 days. They have achieved this by offering inexpensive goods from China, including products like $3 shoes and $15 smartwatches. The apps' growth is partly attributed to a trade loophole, known as the de minimis exception, which allows for packages shipped from China to be imported duty-free. The rise of these apps has generated competition for US e-commerce companies like Amazon, eBay, and Etsy.

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Former President Donald Trump, the Republican presidential nominee, spoke at the Bitcoin Conference in Nashville, promising to maintain the current level of bitcoin holdings accumulated from seizing assets from financial criminals. He did not promise to establish an official U.S. bitcoin strategic reserve currency. Trump's speech was held on July 24, 2024, in Charlotte, North Carolina.

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