# Tags
AI

AI gobbles memory chips, phone prices soar

AI is reshaping the tech world. Now, it is squeezing the smartphone market. A new report from International Data Corporation warns of a severe memory chip shortage. As a result, phone prices are hitting record highs. According to IDC, the average smartphone price will jump 14% this year to $523. Meanwhile, ultra-cheap phones under $100 […]

How a Tiny Caribbean Island Stumbled on a Digital Fortune

Anguilla, a small British Overseas Territory in the Caribbean, has unexpectedly struck digital gold. In 2024, the island earned approximately 105.5 million East Caribbean dollars (about US $39 million) by licensing the .ai domain—a suffix hugely popular among AI-related companies and organizations. This figure represented nearly 23% of the island’s total government revenue, while tourism accounted […]