Section: IT

Azerbaijan and OpenAI Sign Three-Year Memorandum on AI in Education
IT

Azerbaijan and OpenAI Sign Three-Year Memorandum on AI in Education

Azerbaijan's Ministry of Science and Education and OpenAI have signed a three-year memorandum to expand the use of artificial intelligence in schools. The document was signed by Minister Emin Amrullayev and OpenAI's Vice President of Education Leah Belsky in New York.

FinFly NewsroomSeptember 23, 2026
Irish Regulator Fines Google €403 Million
IT

Irish Regulator Fines Google €403 Million

Ireland's Data Protection Commission (DPC) has fined Google €403 million for violations in processing user location data.

Zeyni JafarovSeptember 21, 2026
X Adds Azerbaijani Language for Privacy Violation Complaints
IT

X Adds Azerbaijani Language for Privacy Violation Complaints

Social network X (Twitter) has expanded language support for privacy violation reports by adding Azerbaijani to its Help Center.

Zeyni JafarovSeptember 21, 2026
Trump Proposes Renaming Artificial Intelligence
IT

Trump Proposes Renaming Artificial Intelligence

US President Donald Trump launched a poll on Truth Social to choose a new name for AI, calling the word 'artificial' inaccurate and ugly.

Zeyni JafarovSeptember 20, 2026
Lawsuit Accuses Anthropic, Google, OpenAI and SpaceXAI of Colluding to Slow AI Development
IT

Lawsuit Accuses Anthropic, Google, OpenAI and SpaceXAI of Colluding to Slow AI Development

A group of plaintiffs has accused four leading AI companies of agreeing to slow the improvement of competing products. The lawsuit was filed in the Northern District of California.

Zeyni JafarovSeptember 20, 2026
Trump Announces Creation of Artificial Intelligence Forces
IT

Trump Announces Creation of Artificial Intelligence Forces

US President Donald Trump has announced the formation of AI Forces, modeled on the Space Force. He also said AI could account for up to 25% of US GDP.

Zeyni JafarovSeptember 20, 2026
Kaspersky Warns of Phishing Emails Posing as Apple and Payment Systems
IT

Kaspersky Warns of Phishing Emails Posing as Apple and Payment Systems

Cybercriminals are exploiting demand for new iPhone models by sending fake pre-order emails to steal personal data and money.

FinFly NewsroomSeptember 20, 2026
Software Is Growing Faster Than Mobile Communications — But the Market Is Still Smaller
IT

Software Is Growing Faster Than Mobile Communications — But the Market Is Still Smaller

Software development services in Azerbaijan grew by 39.4%. Mobile communications is growing more slowly but retains almost twice the volume: what lies behind the gap.

Sadraddin AghjayevSeptember 18, 2026
Zuckerberg Opposes Slowing AI Development
IT

Zuckerberg Opposes Slowing AI Development

Meta co-founder Mark Zuckerberg has called for involving independent experts to assess the safety of AI models instead of slowing down the entire industry.

Zeyni JafarovSeptember 16, 2026
Apple Unveils First Foldable iPhone Duo
IT

Apple Unveils First Foldable iPhone Duo

Apple has introduced its first foldable iPhone Duo, priced from $1,999 to $3,199. The company's shares dipped 0.28% on the day of the presentation, but the market reaction was slightly positive relative to the broader market.

Sadraddin AghjayevSeptember 16, 2026
Azerbaijan to Raise Minimum Home Internet Tariff to 25 Manats
IT

Azerbaijan to Raise Minimum Home Internet Tariff to 25 Manats

From October 1, the minimum cost of broadband internet access in Azerbaijan will be 25 manats per month. The changes will affect only home internet.

FinFly NewsroomSeptember 14, 2026
Musk and Altman Back Amodei's Call to Slow AI Development
IT

Musk and Altman Back Amodei's Call to Slow AI Development

Elon Musk and Sam Altman agreed with Dario Amodei's concerns about AI risks. Amodei called for slowing the development of advanced technologies.

Zeyni JafarovSeptember 14, 2026
US House Speaker Urges Caution on AI Regulation
IT

US House Speaker Urges Caution on AI Regulation

Mike Johnson said that hasty decisions on AI regulation could lead to losing the race with China, and called for a balance between oversight and support for innovation.

Zeyni JafarovSeptember 14, 2026
Altman Allows for the Emergence of AI Beyond Human Control
IT

Altman Allows for the Emergence of AI Beyond Human Control

OpenAI CEO Sam Altman said he allows for the creation of artificial intelligence that would not be under human control, but believes it should not be pursued.

FinFly NewsroomSeptember 13, 2026
Azerbaijan to Integrate AI into Food Safety System
IT

Azerbaijan to Integrate AI into Food Safety System

AI-based analysis and programming methods will be applied in the AQTİS food safety automated information system, as stipulated by the state program on food security for 2027–2032.

Zeyni JafarovSeptember 10, 2026
US Imposes Sanctions on Chinese Platform Xinbi Guarantee for Cyber Fraud
IT

US Imposes Sanctions on Chinese Platform Xinbi Guarantee for Cyber Fraud

The US Treasury's OFAC has imposed sanctions on Chinese online platform Xinbi Guarantee and two related entities for involvement in cyber fraud and money laundering.

FinFly NewsroomSeptember 9, 2026
How Technology Is Transforming the Marine Insurance Market - Interview with Surety Marine CEO
IT

How Technology Is Transforming the Marine Insurance Market - Interview with Surety Marine CEO

Surety Marine, formerly an underwriting agency, has obtained a license and become an independent insurer. The company focuses on flexibility, low operating costs, and the use of satellite data for risk assessment.

Sadraddin AghjayevSeptember 9, 2026
Azerbaijan's Economy Minister Discusses Digital Development with Huawei
IT

Azerbaijan's Economy Minister Discusses Digital Development with Huawei

Mikayil Jabbarov met with Huawei Technology Senior Vice President Philip Gan to discuss cooperation in the digital economy and green transformation.

Zeyni JafarovSeptember 8, 2026
NVIDIA, Robinhood, and Tesla: Key Market Events of the Week
IT

NVIDIA, Robinhood, and Tesla: Key Market Events of the Week

NVIDIA confirmed its AI leadership, Morgan Stanley upgraded Robinhood, and Tesla faced regulatory pressure after the Cybercab unveiling.

Sadraddin AghjayevSeptember 8, 2026
SİMA Introduces 'Simi' Mascot — a Robotic Squirrel
IT

SİMA Introduces 'Simi' Mascot — a Robotic Squirrel

SİMA digital solutions platform has unveiled its official mascot, 'Simi', a robotic squirrel that will become the brand's symbol in communications.

FinFly NewsroomSeptember 8, 2026
XPeng to Start Mass Production of IRON Robots by End of 2026
IT

XPeng to Start Mass Production of IRON Robots by End of 2026

Chinese XPeng plans to launch mass production of anthropomorphic IRON robots by the end of 2026, with deliveries starting in 2027.

FinFly NewsroomSeptember 8, 2026
WMO: AI to Cut Climate Forecast Preparation from Weeks to Minutes
IT

WMO: AI to Cut Climate Forecast Preparation from Weeks to Minutes

WMO Secretary-General Celeste Saulo said artificial intelligence can reduce the time needed to prepare climate forecasts from weeks to minutes, improve accuracy, and strengthen early warning systems.

FinFly NewsroomSeptember 8, 2026
UN: AI Could Threaten Humanity's Existence
IT

UN: AI Could Threaten Humanity's Existence

UN High Commissioner for Human Rights Volker Türk warned of the risks artificial intelligence poses to humanity and called for international agreements on 'red lines'.

FinFly NewsroomSeptember 7, 2026
Poll: 70% of Americans Oppose AI Data Centers Near Homes
IT

Poll: 70% of Americans Oppose AI Data Centers Near Homes

Most U.S. citizens fear rising electricity prices and grid overload from AI data centers, posing a risk to administration plans.

FinFly NewsroomSeptember 6, 2026
AI Losing Control: Over 300 Incidents Recorded in a Month
IT

AI Losing Control: Over 300 Incidents Recorded in a Month

In July 2026, more than 300 cases of AI losing control were recorded, double the number in June. Researchers demand mandatory reporting from developers.

Sadraddin AghjayevSeptember 5, 2026
Trump: US Closely Monitors AI and Outpaces China
IT

Trump: US Closely Monitors AI and Outpaces China

US President Donald Trump said he is not concerned about AI getting out of control, as the US is closely monitoring the situation.

FinFly NewsroomSeptember 5, 2026
US Used Nvidia Chip Access to Broker Armenia-Azerbaijan Peace Deal
IT

US Used Nvidia Chip Access to Broker Armenia-Azerbaijan Peace Deal

The US offered Armenia access to advanced Nvidia chips in exchange for participation in a peace agreement with Azerbaijan, according to the WSJ.

FinFly NewsroomSeptember 5, 2026
Kazakhstan and China Launch Digital Platform for Grain Trade
IT

Kazakhstan and China Launch Digital Platform for Grain Trade

Kazakhstan and China have launched a joint digital platform for trading grain and agricultural products. The first contract signed is for the supply of 24,000 tons of flax.

FinFly NewsroomSeptember 5, 2026
Azerbaijan and Senegal Discuss Digital Cooperation
IT

Azerbaijan and Senegal Discuss Digital Cooperation

Azerbaijan's Deputy Minister of Digital Development and Transport Rashad Hasanov met with a Senegalese delegation to discuss cooperation in digital development and innovation.

FinFly NewsroomSeptember 5, 2026
Azerbaijani startup Metatesk brings VR and AI into education
IT

Azerbaijani startup Metatesk brings VR and AI into education

Azerbaijani startup Metatesk uses virtual environments and AI to create interactive classrooms where students actively explore scientific concepts.

FinFly NewsroomSeptember 5, 2026
ChatGPT Maintains Leadership in Azerbaijan's AI Chatbot Market
IT

ChatGPT Maintains Leadership in Azerbaijan's AI Chatbot Market

In August 2026, ChatGPT's share of the AI chatbot market in Azerbaijan was 83.61%, down 3.78 percentage points from July. Google Gemini increased its share to 11.45%.

Zeyni JafarovSeptember 4, 2026
Kaspersky Experts Share Tips on Keeping Children Safe When Using AI
IT

Kaspersky Experts Share Tips on Keeping Children Safe When Using AI

Ahead of the new school year, cybersecurity experts offer recommendations for parents on protecting children from risks associated with neural networks.

Zeyni JafarovSeptember 3, 2026
Google Chrome Keeps Lead in Azerbaijan Browser Market
IT

Google Chrome Keeps Lead in Azerbaijan Browser Market

In August, Chrome's share was 80.48%, Safari 7.45%, Firefox 4.82%.

Zeyni JafarovSeptember 3, 2026
New York Bans AI in Schools
IT

New York Bans AI in Schools

New York City Mayor announces ban on AI use by elementary and middle school students during classes starting in the 2026-2027 school year.

FinFly NewsroomSeptember 3, 2026
PASHA Holding and Holberton School Azerbaijan: Year in Review in IT Training
IT

PASHA Holding and Holberton School Azerbaijan: Year in Review in IT Training

PASHA Holding continues to support Holberton School Azerbaijan: 249 students study under the scholarship program, 224 graduates completed the Generative AI course, and 6 hackathons were held.

FinFly NewsroomSeptember 3, 2026
Azerbaijan Joins Digital Cooperation Organization
IT

Azerbaijan Joins Digital Cooperation Organization

Azerbaijan has been admitted to the Digital Cooperation Organization (DCO), opening new opportunities for digital development and international cooperation.

FinFly NewsroomSeptember 1, 2026
NVIDIA Bolsters Wall Street Tone, Bitcoin Breaks $80,000, Apple Changes CEO
IT

NVIDIA Bolsters Wall Street Tone, Bitcoin Breaks $80,000, Apple Changes CEO

Financial markets wrapped up a week with a busy corporate agenda: strong NVIDIA results, inflows into VOO, leadership changes at Apple, and legal proceedings around Meta.

Sadraddin AghjayevAugust 31, 2026
Apple Appoints John Ternus as New CEO
IT

Apple Appoints John Ternus as New CEO

Starting September 1, Apple will be led by John Ternus, formerly Senior Vice President of Hardware Engineering. Tim Cook will become Executive Chairman of the Board.

Zeyni JafarovAugust 31, 2026
Google Changes Site Ranking Rules in EEA Amid EC Complaints
IT

Google Changes Site Ranking Rules in EEA Amid EC Complaints

Google will adjust its anti-spam policy in the European Economic Area to address European Commission concerns that it violates the DMA.

Zeyni JafarovAugust 28, 2026
Experts: Children Need Digital Safety Skills, Not Just Bans
IT

Experts: Children Need Digital Safety Skills, Not Just Bans

Azerbaijan has introduced a ban on social media for children under 16, but experts stress the importance of teaching children digital literacy.

FinFly NewsroomAugust 28, 2026
Global data centers could increase water consumption to 644 billion liters by 2030
IT

Global data centers could increase water consumption to 644 billion liters by 2030

According to Rystad Energy, annual water consumption by data centers will grow from 222 billion liters in 2025 to 644 billion liters by 2030 without water-saving measures.

FinFly NewsroomAugust 27, 2026
Aztelekom Increases Stake in Rabitəbank After Baktelecom Merger
IT

Aztelekom Increases Stake in Rabitəbank After Baktelecom Merger

Aztelekom's stake in Rabitəbank rose to 0.0902% after Baktelecom's shares were transferred as part of the merger.

FinFly NewsroomAugust 27, 2026
Azerbaijan Registers Zoho, Zoom, and OpenAI for Tax Purposes
IT

Azerbaijan Registers Zoho, Zoom, and OpenAI for Tax Purposes

Azerbaijan's State Tax Service has registered three international companies—Zoho, Zoom, and OpenAI—for VAT purposes, effective September 1.

FinFly NewsroomAugust 27, 2026
Gen Z Leads AI Adoption but Overlooks Security
IT

Gen Z Leads AI Adoption but Overlooks Security

47% of Gen Z use AI daily, 27% consider it a friend, and 28% discuss personal matters with it. Experts warn of risks.

Zeyni JafarovAugust 27, 2026
Gates Warns of AI Risks for Youth and Labor Market
IT

Gates Warns of AI Risks for Youth and Labor Market

Bill Gates in a new essay expressed concerns that AI could do more harm than good, especially in child welfare, safety, and employment.

FinFly NewsroomAugust 26, 2026
Algorand Introduces AC2 Protocol for Secure Management of AI Agents
IT

Algorand Introduces AC2 Protocol for Secure Management of AI Agents

The Algorand Foundation has unveiled AC2, an open protocol that enables users to securely interact with AI agents and control their actions without sharing private keys.

FinFly NewsroomAugust 26, 2026
citynet Launches Loyalty Program with Cashback up to 10%
IT

citynet Launches Loyalty Program with Cashback up to 10%

citynet subscribers paying via the mobile app can receive cashback up to 10% of the payment amount.

FinFly NewsroomAugust 26, 2026
X Prepares Buy and Sell Crypto Buttons
IT

X Prepares Buy and Sell Crypto Buttons

Social platform X announced plans to add a cryptocurrency buy and sell feature, strengthening its position in the financial sector.

FinFly NewsroomAugust 25, 2026
Azerbaijan Improves Position in Ookla Internet Speed Ranking
IT

Azerbaijan Improves Position in Ookla Internet Speed Ranking

According to Ookla's July report, median fixed internet speed in Azerbaijan reached 92.52 Mbps, mobile 99.53 Mbps, up from last year.

FinFly NewsroomAugust 25, 2026
Azerbaijan Introduces Digital Economy Tax from September 1
IT

Azerbaijan Introduces Digital Economy Tax from September 1

Starting September 1, Azerbaijan will enforce a new digital economy taxation mechanism, requiring foreign e-commerce platforms with annual turnover exceeding $10,000 to register with tax authorities.

Zeyni JafarovAugust 25, 2026
AzInTelecom joins international FIRST organization
IT

AzInTelecom joins international FIRST organization

AzInTelecom has been granted Transport CERT status and become a member of FIRST, confirming its compliance with international cybersecurity standards.

FinFly NewsroomAugust 24, 2026
State Tax Service Registers Four More International Companies
IT

State Tax Service Registers Four More International Companies

The State Tax Service has electronically registered Anthropic, Aghanim Inc., eBay Marketplaces GmbH, and Netflix International B.V. for tax purposes. Their VAT registration will take effect on September 1.

Zeyni JafarovAugust 24, 2026
Azerbaijan's NAK Detects Phishing Campaign Using MilliÖn Brand
IT

Azerbaijan's NAK Detects Phishing Campaign Using MilliÖn Brand

Azerbaijan's National Cybersecurity Agency has uncovered a fraudulent campaign using the MilliÖn payment system brand to collect bank card data.

Zeyni JafarovAugust 24, 2026
ADB Launches AI Project for Infrastructure Resilience with Azerbaijan's Participation
IT

ADB Launches AI Project for Infrastructure Resilience with Azerbaijan's Participation

The Asian Development Bank (ADB) has launched a project to use artificial intelligence to enhance infrastructure resilience and risk adaptation, with Azerbaijan among the participating countries.

Zeyni JafarovAugust 24, 2026
Nvidia acquires AI startup Poolside for $6 billion
IT

Nvidia acquires AI startup Poolside for $6 billion

Nvidia has struck a $6 billion deal with AI startup Poolside to build a powerful artificial intelligence model capable of competing with Chinese models.

Zeyni JafarovAugust 23, 2026
Nvidia Warns of Over 15% Price Hike for AI Chip Servers
IT

Nvidia Warns of Over 15% Price Hike for AI Chip Servers

Nvidia has notified major clients of a more than 15% price increase for server systems with AI chips, driven by rising memory costs.

Zeyni JafarovAugust 23, 2026
Azerbaijan's Ministry of Youth and Sports Announces Tender for IT Equipment Procurement
IT

Azerbaijan's Ministry of Youth and Sports Announces Tender for IT Equipment Procurement

The Ministry of Youth and Sports of Azerbaijan has announced a tender for the procurement of IT equipment. Bids are accepted until 18:00 on September 11, 2026.

Zeyni JafarovAugust 22, 2026
Kaspersky Offers Platform Approach to Cybersecurity for Industrial Enterprises
IT

Kaspersky Offers Platform Approach to Cybersecurity for Industrial Enterprises

Kaspersky has presented a strategy for protecting industrial enterprises aimed at minimizing the impact of cyberattacks and accelerating the recovery of production processes.

Zeyni JafarovAugust 20, 2026
Azerbaijani Schoolchildren Win Three Bronze Medals at International Olympiad in Informatics
IT

Azerbaijani Schoolchildren Win Three Bronze Medals at International Olympiad in Informatics

Azerbaijan's national team won three bronze medals at the International Olympiad in Informatics (IOI-2026) in Tashkent.

FinFly NewsroomAugust 19, 2026
Chinese Unitree Shows Humanoid Robot with Jumps Up to Two Meters
IT

Chinese Unitree Shows Humanoid Robot with Jumps Up to Two Meters

Unitree has demonstrated a humanoid robot capable of jumping up to two meters high and setting world records for speed and jump height.

Zeyni JafarovAugust 18, 2026
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