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The AI agents are coming

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A decade ago, after selling Siri to Apple, the creators of the voice-controlled AI assistant had another big idea.

With their new company, Viv, they set out to solve a persistent problem for smartphone users: How to accomplish everyday tasks without having to juggle multiple apps. Wouldn’t it be nice if you didn’t have to toggle between separate travel, hotel and map apps when planning a vacation, and could rely instead on a piece of software that integrated them all?

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Viv never made the breakthrough it was looking for and was later folded into Samsung’s AI assistant, Bixby. But in tech, good ideas seldom die: They just wait for advances in the underlying technology to make them possible. As with much else, that advance has arrived in the form of large language models.

Creating what is in essence a new layer of digital plumbing between apps and websites like this hardly sounds like the most sexy use of AI. But it could end up causing important changes to how people use technology and shifting the balance of power in the tech industry.

AI agents that act on behalf of their users are the fad of the moment. Giving them the power to operate across different apps, web sites and digital services could have far-reaching effects.

AI start-up Anthropic, for instance, recently showed off an AI system operating a computer screen in much the way a person would. The demonstration, which it called Computer Use, showed the technology plucking information from different sources to fill in an online form — the kind of routine, low-level task that occupies the days of many back-office workers.

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The idea of using a software program to exactly replicate something that a worker does on their computer screen has been around in a different form for years. Known as robotic process automation, or RPA, it involves programming virtual “robots” to perform tasks that span different apps. The natural language capabilities of generative AI have given this idea a new lease of life. Anthropic’s technology is designed to operate a computer just as a person would, though the software isn’t very adept yet at doing common things on a computer screen like scrolling.

For many office workers, services such as these that replace routine on-screen tasks could be the first real manifestation of generative AI. Matt Garman, head of Amazon Web Services, described his own company’s latest efforts to automatically co-ordinate work between groups of AI agents so they can complete more complex tasks as “RPA on steroids”.

The closest thing to the Viv idea of integrating apps in the consumer world, meanwhile, has come from Apple. Known as App Intents, it would require developers to adapt their apps to work with the Apple’s AI, enabling the software to work between apps without the user needing to open them. 

The implications of this seemingly prosaic idea could be far-reaching. If an AI assistant or agent can automatically access whatever data or functionality you need to complete a particular task, you would open fewer apps, visit fewer web sites and tap into fewer digital services. In effect, this would concentrate a person’s digital activity into fewer places.

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One result is likely to be a rush by app developers to ensure they remain one of the primary places that continue to control user attention and act as hubs for completing tasks, rather than risk seeing their apps relegated to subsidiary status.

Ultimately, a handful of all-purpose AI assistants, acting like automated superapps, might come to dominate. If so, it could suck the value out of many independent apps, as users no longer open them or shower them with attention.

This presents app developers with a dilemma. Opening their services up to the big tech companies’ AI might mean losing their direct relationships with users. But trying to stand apart could result in their being shut out of the new digital ecosystems that are likely to coalesce around AI agents.

For their part, meanwhile, the biggest tech companies will be able to ensure smooth integration between their AI agents and their own apps, giving people more reason to gravitate to their technology.

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This will present a new challenge to antitrust regulators. Just as they are getting to grips with the way that the largest tech platforms direct users to their in-house service — a practice known as preferencing — a whole new layer of technology could emerge that ties technology users even more tightly into Big Tech’s digital universes.

richard.waters@ft.com

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Silk Road founder Ross Ulbricht thanks Trump for full pardon

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Silk Road founder Ross Ulbricht, freed by Donald Trump’s pardon after more than 11 years in prison, called the US president “a man of his word.”

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Trump is becoming the technoking of America

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Stargate was a 1994 science fiction film about travellers zooming through a wormhole to an alternative reality. That seems an appropriate name, too, for the massive artificial intelligence infrastructure project promising to invest as much as $500bn in the US over the next four years, announced by President Donald Trump on Tuesday evening. Backed by OpenAI, Oracle and SoftBank, Stargate reflects the alternative reality created by the fusion of the AI superbubble and Trump’s re-election. Washington, it seems, is disappearing down its own wormhole.

“This monumental undertaking is a resounding declaration of confidence in America’s potential under a new president,” Trump said of Stargate. Standing stiffly in their suits alongside Trump in the White House, Larry Ellison, Oracle’s 80-year-old co-founder, Sam Altman, OpenAI’s vauntingly ambitious chief executive, and Masayoshi Son, SoftBank’s mercurial chair, all beamed with pleasure, like the personifications of old tech, new tech and global tech.

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“This is the beginning of a golden age,” Son said, playing back Trump’s remarks in his inauguration address. “We wouldn’t be able to do this without you, Mr President,” gushed Altman. The prominent presence of several other tech billionaires at Trump’s inauguration also highlighted how much they are in thrall to the US president.

Curtis Yarvin, the neo-reactionary blogger and champion of the Dark Enlightenment movement who has a cult following in some west coast circles, has argued that democracy is done and called for a more authoritarian kind of techno-monarchy. Trump’s “first buddy” Elon Musk has already taken to calling himself the technoking of Tesla. But, surrounded by his nerdy courtiers, it could be Trump who has emerged as the technoking of America.

Trump has made it clear that he wants to reassert US hegemony in technology over China, particularly in AI. He has already rescinded his predecessor Joe Biden’s executive order on AI safety. He also seems intent on deregulating crypto and reversing the antitrust agenda of the Biden administration to give Big Tech even freer rein. Sniffing profits and new opportunities in the defence, nuclear and space industries, the biggest US tech companies have been quick to applaud Trump’s moves.

These companies already rank among the richest and most powerful in history and need little help from Trump. The independent research firm Arete forecasts that five of them — Alphabet, Apple, Amazon, Meta and Microsoft — will this year collectively increase their revenue to more than $2tn. In spite of laying out $300bn on capital expenditure, Arete predicts they will still record profit margins and generate free cash flow of $430bn.

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Yet three things may yet check their dominance. The first is that competition is intensifying between the biggest tech companies themselves as they all make colossal bets on AI and try to disrupt each others’ business models. “Big Tech can no longer deliver growth by staying in their respective lanes,” says Richard Kramer, Arete’s founder. “We expect more Hunger Games-style competition between Big Tech, attacking each other’s ‘core’ business, in consumer tech hardware, cloud services, content and ecommerce.”

That competition is also increasingly acquiring a legal dimension as tech companies attack each other in court. Musk is suing OpenAI and Altman claiming that he, and others, were duped into investing in the AI start-up because of its “fake humanitarian mission”. He also trolled the Stargate announcement this week, posting on X: “They don’t actually have the money.”

Microsoft has testified against Google to break up its search monopoly. As Matt Stoller, author of the Big newsletter on monopoly power, has written, individuals, companies and states may pursue antitrust actions even if Washington holds back. “Antitrust is a body of law that’s designed for business leaders to fight with one another,” Stoller wrote.

However, some leading venture capital investors in Silicon Valley, led by Marc Andreessen, have also been warning of the dangers of large companies weaponising the government to crush start-ups and stifle innovation. They have been promoting the virtues of Little Tech, which they claim has always been the “vanguard of American technology supremacy”. Vice-president JD Vance, a former VC investor, has in the past supported antitrust interventions to promote competition, arguing against “this weird idea that something can’t be tyrannical if it comes through the operation of a free market”.

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One of the biggest determinants of tech policy may simply be who has the greatest access to the technoking’s ear.

john.thornhill@ft.com

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Tata acquires 60% stake in Apple partner Pegatron’s India unit

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Tata acquires 60% stake in Apple partner Pegatron's India unit

Tata Electronics has acquired a 60% controlling stake in the Indian arm of Apple assembly partner, Pegatron, as the conglomerate expands its iPhone manufacturing capacity in the country.

Taiwan-based Pegatron operates an iPhone production plant near Chennai in India’s sourthern state of Tamil Nadu. The deal comes less than a year after Tata Electronics acquired smartphone assembly company Wistron’s Indian business.

Pegatron and Tata did not disclose the financial terms of the deal, but Tata said the acquisition fits into its strategy of growing its manufacturing footprint in the country.

“We look forward to a new era of AI, digital and technology-led manufacturing as we bring up these new facilities and expand our operations in India,” Randhir Thakur, CEO & MD of Tata Electronics, said in a statement.

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Tata, which began assembling iPhones in India just last year, is quickly emerging as one of Apple’s most important partners in Asia as the tech giant works to expand its manufacturing base outside of China.

More to follow.

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‘Weather bomb’ brings 50% drop in prices as Storm Eowyn brings 100mph wind power boost

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‘Weather bomb’ brings 50% drop in prices as Storm Eowyn brings 100mph wind power boost

A powerful “weather bomb” will slash electricity prices by half, even as it brings dangerous winds of up to 100mph to parts of the country.

The Met Office has issued its highest-level red warning for Northern Ireland and southern Scotland, where the storm threatens widespread disruption and damage.


A powerful storm, named Storm Eowyn, is hitting Britain just as the country recovers from a period of very low renewable energy production, which had caused electricity prices to soar to seven times their usual levels before the pandemic.

Over 4.5 million people have received emergency alerts about the storm’s arrival.

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On Wednesday, wind power generation in Britain nearly stopped, forcing the country to rely heavily on gas-fired power plants, which provided over 70 per cent of electricity.

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Wind power is expected to rise from 0.4 gigawatts (GW) to 16GW by Friday morning

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The combination of cold, dark weather and still conditions drove electricity prices up to nearly £250 per megawatt-hour in market auctions. Gas plants were paid over £500 per megawatt-hour during the evening when household demand peaked.

This period of low renewable energy, called “dunkelflaute” in German, is the third time it has happened this winter.

However, since yesterday, Storm Eowyn has brought a major change, with wind power generation increasing by 40 times.

Electricity prices for Thursday and Friday have already dropped more than 50 per cent to £107 per megawatt-hour and £84 per megawatt-hour, respectively.

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Wind power is expected to rise from 0.4 gigawatts (GW) to 16GW by Friday morning.

This sudden change in energy availability has renewed calls for investment in “long-duration energy storage” solutions to help manage future fluctuations.

The UK’s energy system operator estimates that storage capacity needs to increase more than five times, reaching between 11GW and 15GW by 2030.

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If the UK can build 20GW of storage capacity, it could save £24billion by 2050 and lower household bills by reducing reliance on expensive natural gas. The storm has already caused significant damage, including a tornado in Cornwall that tore through roofs and fences.

Barnaby Wharton, director at RenewableUK, emphasised the economic benefits.

He said: “A modern energy system which maximises the use of wind and solar offers the best deal to consumers as they are our cheapest forms of new power and they protect us from spikes in international gas prices.”

Akshay Kaul, a director at energy regulator Ofgem, highlighted the current system’s limitations, added: “We’ve seen this winter that when you have a period of still, cold, cloudy weather [that] batteries on their own, and [power] interconnectors on their own, are not sufficient.”

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Kaul also claimed that Ofgem is establishing a new funding framework to attract private investment in long-duration energy storage by 2030.

Lawrence Slade, ENA’s chief executive, warns that Storm Éowyn is expected to be highly disruptive, with widespread weather warnings in place.

Electricity networks are ready with response plans, and customers are urged to prepare by visiting PowerCut105.com, call 105 for power cuts, check on those needing extra help, and share this information with others. If you encounter damaged power lines, stay clear and report it by calling 105 or 999 if there’s immediate danger.

The Met Office’s red warning indicates likely “substantial disruption to travel, energy supplies and possibly widespread damage to property and infrastructure”.

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Thousands of schools have been closed across affected regions. Drivers have been warned to stay off the roads during the dangerous conditions. The strongest wind gusts, reaching up to 100mph, are expected to hit Northern Ireland and southern Scotland on Friday

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Tesla Deploys Fix to 1.2 Million Cars in China on Safety Concern

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Tesla Inc. will release a software update to about 1.2 million of its cars in China — about half the fleet it’s sold in the country — to fix issues with vehicles’ power steering and rear-view cameras that pose safety risks.

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Elizabeth Warren Calls for Action on TRUMP and MELANIA Coins

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Elizabeth Warren calls for federal action on TRUMP and MELANIA meme coins

The TRUMP coin has shown wild price swings, jumping from under $10 to $75 before dropping to $32.44. The MELANIA coin has followed a similar pattern. Warren emphasized the dangers these volatile coins pose to investors, highlighting their speculative and trend-driven nature.

A key issue raised is the possibility of foreign influence. Warren cautioned that foreign governments or individuals could purchase these coins, potentially funneling money to the Trump family. This, she argued, could threaten U.S. national security and spark ethical concerns.

Warren also criticized the lack of consumer protections, noting that the coin issuers include disclaimers that absolve them of fraud responsibility. She pointed out that the Trump family’s large ownership stake could lead to disproportionate profits, leaving regular investors at risk of financial losses.

The senator urged agencies like the SEC and CFTC to investigate potential violations of federal securities and commodities laws. She also questioned how regulators plan to monitor these coins moving forward.

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Separately, Warren wrote to DOGE Chair Elon Musk, suggesting ways to reduce government spending. This broader effort underscores her push for transparency and accountability across financial and governmental sectors.

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Atari partners with DYLI for limited-edition physically redeemable NFT drop

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Cado Security Labs flags new malware targeting crypto wallets on Windows and macOS

Video game giant Atari has unveiled 500 limited-edition physically redeemable NFTs through DYLI, a blockchain-powered collectibles marketplace.

Through a Jan. 23 announcement, the New York-headquartered gaming firm announced the launch of limited edition collectible patches themed around its gaming legacy.

Each of the packs will be priced at $15 and will contain one of seven new patch designs or a vintage patch from the 1980s, along with a chance to score bonus items like gift cards or a special item signed by Atari founder Nolan Bushnell.

The packs will be sold on DYLI, a blockchain-powered marketplace built on Abstract chain, an upcoming Ethereum layer 2 developed by Pudgy Penguins creator Igloo Inc. Each patch pack is tied to a redeemable NFT, which will allow buyers to unlock their items digitally before claiming the physical versions, according to a blog post from Atari.

However, the NFT packs would only reveal the specific patch design upon purchase, while any bonus items will remain undisclosed until the physical pack is redeemed.

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All NFTs will be stored and managed on DYLI’s integrated wallet, which supports gas-free transactions with fees covered via Abstract Chain’s native paymasters. Buyers can hold their NFT packs indefinitely or trade them on DYLI’s secondary marketplace, where users can buy, sell, or relist the packs before choosing to redeem the physical versions.

The packs are slated for launch next week. According to DYLI founder Alex Needelman, these “partner drops” will help onboard the “next million users to DYLI and Abstract Chain.”

For Atari, it’s far from its first foray into blockchain. The gaming pioneer has been exploring Web3 initiatives since as early as 2018, with the launch of its own cryptocurrency ATRI.

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Over the years, it has continued to expand its presence in the sector by partnering with industry heavyweights like Enjin and LiteCoin

Last year, it partnered with Coinbase to launch Onchain Arcade on Ethereum L2 base to bring its classic games like Asteroids and Breakout to the blockchain.

Other major names in the gaming industry, like Sega and Ubisoft, have also ventured into blockchain gaming. 

Sega has partnered with Oasys, a gaming-optimized blockchain platform, to bring its popular title Sangokushi Taisen, into the Web3 space. Similarly, Ubisoft announced its first blockchain-based game, Champions Tactics: Grimoria Chronicles, which will launch on the Oasys blockchain.

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Top real estate CEO says fire-ravaged LA residents are desperate for a place ‘to live for the week’ amid waves of price gouging 

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“Forget about buying their forever home,” Redfin’s Glenn Kelman said. “They’re looking for shelter.”
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Industrial sustainability with private wireless networks and the industrial edge

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A stylized depiction of a padlocked WiFi symbol sitting in the centre of an interlocking vault.

According to recent data from the International Energy Agency, industrial sectors, such as chemical manufacturing and mining, currently contribute 25% of all global CO2 emissions and 37% of all global energy consumption.

Industries face increasing pressure to develop net-zero roadmaps. As sustainability rises on the corporate agenda, digitalization contributes to a clear, strategic path to achieving commercial, operational, and sustainability goals for today’s industrial enterprises.

Rolf Albrecht

Europe Head of Enterprise Campus Sales at Nokia.

Industry 4.0: Accelerating Sustainability in Industrial Enterprises

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Think Dogecoin Has Topped Out? Two Factors That Say ‘No Way’

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Dogecoin price analysis

Este artículo también está disponible en español.

In an analysis provided by crypto analyst Kevin (@Kev_Capital_TA), Dogecoin (DOGE) emerges as an altcoin defying current market skepticism, with technical indicators suggesting a bullish continuation rather than a peak.

Dogecoin Is Still Bullish

Kevin’s latest post on X highlights Dogecoin’s performance against its 50 and 200-day simple moving averages (SMA). “Dogecoin is still seeing fast expansion on the 50 and 200 simple moving averages after its weekly golden cross occurred,” he noted. This golden cross, a bullish indicator where the 50-day SMA crosses above the 200-day SMA, suggests sustained upward momentum.

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Further examining the Fibonacci retracement levels, Kevin pointed out that Dogecoin is “above the macro golden pocket at .26 cents and is battling the macro .786.” The ‘golden pocket’—typically located between the 0.618 and 0.65 Fibonacci levels—is often considered a crucial support zone. Kevin argues that maintaining a price above this level is bullish.

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Dogecoin price analysis
Dogecoin price analysis, 1-week chart | Source: X @Kev_Capital_TA

“If you think this chart is bearish in its current spot then you need some help. Not gonna focus on individual altcoins very much because BTC will determine the next move in the market no matter what your altcoin chart looks like but needed to remind people who are bad mouthing how crazy they look when we’re at the same price we were at in November when the market was rallying hard. Nothing has changed and cycle tops don’t occur when everyone is bearish,” Kevin expounded.

Kevin further illustrated the erratic nature of crypto market sentiment, contrasting reactions from November and January. “When Dogecoin was hitting .35 cents in November, everyone was screaming to the hills that they were so bullish. DOGE at .35 cents in January, everyone is screaming that Doge sucks, I should have sold this thing a long time ago. Do you see how market psychology works? Pretty interesting,” he detailed.

Bitcoin Needs To Move First

Kevin also discussed Bitcoin’s influence on the broader crypto market, emphasizing its role as a leading indicator for altcoins like Dogecoin. He labeled yesterday’s market reaction to the crypto executive order by US President Donald Trump as a non-impactful in the long run.

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“BTC time and time again has failed to break the 1.703 FIB at 106.8K. Even though we broke out of this bullish falling channel on the daily time frame, we have failed to see any real money flow come into the asset if anything it has been decreasing over the last 48 hours. The Trump executive order was an obvious buy the rumor, sell the news event like all events are, so to me, that was always a nothing burger,” he elaborated.

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Despite these challenges, Kevin remains optimistic about Bitcoin’s potential for recovery. “I still think we’re experiencing seasonality in BTC as January’s are always really bad months, especially in the post halving year. I believe the goal should be to demoralize and anger as many investors as possible before starting the next leg higher, which should come within the next 1-3 weeks. Stay tuned!” he predicts.

At press time, DOGE traded at $0.35.

Dogecoin price
DOGE breakout is still on hold, 4-hour chart | Source: DOGEUSDT on Tradingview.com

Featured image created with DALL.E, chart from TradingView.com

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