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The tech industry’s two most pressing infrastructures challenge the plumbing of global payments, and who controls the plumbing of AI race. From Swift’s blockchain ledger with 16 banks to Meta’s AI chip, here’s what it means for tech in 2025.
Swift Answers Stablization
Swift has launched a blockchain-based shared ledger that allows banks to settle transactions in real-time. The goal: enable round-the-clock payments and position traditional banks as the backbone of the new financial system.
This is not Swift experimenting with blockchain on the sidelines. It is a direct response to the growing traction of stablecoins in cross-border payments. The goal is to enable round-the-clock payments and position traditional banks as the backbone of the new financial system.
Swift’s blockchain ledger is a significant step towards a more efficient and transparent global payment system. It allows banks to settle transactions in real-time, reducing the time and cost associated with traditional payment methods.
Meta’s AI Chip
Meta has been working on its AI chip for some time now, and it is expected to be a game-changer in the AI race. The chip is designed to handle the massive amounts of data required for AI applications, making it faster and more efficient than existing solutions.
As AI continues to evolve, the demand for powerful computing resources will only increase. Meta’s AI chip is poised to meet this demand and help the company maintain its competitive edge in the AI space.
OpenAI’s Cybersecurity Review
OpenAI is facing a cybersecurity review as concerns about the safety and security of its AI models grow. The review aims to ensure that OpenAI’s models are secure and do not pose a risk to users or the broader community.
This review is a necessary step in the responsible development of AI technologies. As AI becomes more integrated into our daily lives, it is crucial to address potential risks and ensure that these technologies are safe and secure.