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OpenAI Hires Team Behind AI-Powered Xcode Tool Alex in Latest Acqui-Hire Move

By
Samuel Nwite
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0

Acqui-hires are fast becoming a staple of Silicon Valley’s AI arms race. The latest example came Friday, when the small team behind Alex — a Y Combinator–backed tool that integrated AI models into Apple’s Xcode development suite — announced they are joining OpenAI.

In a post on X, Alex founder Daniel Edrisian said the group will move to OpenAI’s Codex division, which is working on the company’s AI coding agent.

“When we started out, Xcode had no AI. Building a ‘Cursor for Xcode’ sounded crazy, but we managed to do it anyway,” Edrisian wrote. “And, over time, we built the best coding agent for iOS & MacOS apps.”

From Independent Tool to OpenAI Fold

Founded in 2024, Alex aimed to fill a gap by letting developers use AI models directly within Xcode. Its pitch — essentially a coding copilot for Apple developers — attracted early adopters and a spot in Y Combinator’s accelerator program.

However, momentum shifted when Apple itself introduced AI integrations for Xcode earlier this year, including support for ChatGPT and other third-party models. While Edrisian didn’t cite that as a reason for joining OpenAI, Apple’s move clearly narrowed Alex’s differentiation.

According to a blog post from the startup, Alex will continue supporting existing users but will no longer be available for download after October 1. No new features will be added, though the team pledged to keep maintaining the product for as long as users remain active.

A Three-Person Team, Now Part of Codex

Alex’s Y Combinator listing shows the startup employed three people, though it remains unclear if all of them are moving to OpenAI. What is clear is that OpenAI is scooping up specialized talent rather than the company itself — a classic acqui-hire move.

OpenAI did not immediately comment on the news.

Acqui-Hires as Strategy

The deal follows a familiar pattern: rather than acquire whole startups, OpenAI has increasingly focused on bringing in small, specialized teams to accelerate development. Just this week, it announced the $1.1 billion acquisition of Statsig, a product testing startup, in what it called an effort to strengthen its infrastructure for rapid experimentation.

The Alex acqui-hire highlights a complementary play: absorbing niche technical expertise in coding tools. With Codex at the center of OpenAI’s push into developer assistants, integrating a team that has already built an Xcode-native agent could give it an edge with Apple’s massive developer ecosystem.

Echoes of Past Silicon Valley Playbooks

Silicon Valley giants have a pattern of using acqui-hires to secure scarce technical talent and cement their position. Companies like Facebook (now Meta) routinely bought small startups whose products were often shelved, while their engineering teams were absorbed into core projects.

The trend has resurfaced amid the AI arms race. Meta and Google in particular made a string of team-driven acquisitions, some involving startups like Scale AI’s alumni-led ventures, as a way to bring in machine learning talent quickly before rivals could. OpenAI’s moves mirror this strategy, balancing billion-dollar infrastructure acquisitions like Statsig with leaner acqui-hires such as Alex.

For Alex’s founders, the shift underscores how quickly the ground can move in AI. In less than a year, a scrappy tool seen as “crazy” became mainstream enough for Apple itself to build in-house, and valuable enough for OpenAI to bring its team on board.

For OpenAI, it shows a dual-track strategy that echoes past consolidation waves in tech: deep-pocketed buys for scale, and acqui-hires for speed and expertise. If history is any guide, these kinds of moves tend to reshape not just product roadmaps, but the competitive balance of the industry itself.

Gold Reaching $3560 Reflects Its Appeal As A Safe-Haven

By
Paul Ugbede Godwin
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0

Gold reaching $3,560 reflects its appeal as a safe-haven asset amid economic uncertainty, likely driven by factors like geopolitical tensions or inflation fears, as seen in recent market trends.

The retreat in global government bond yields from recent highs, such as the U.S. 10-year Treasury yield easing to 4.22% on September 3, 2025, suggests a pause in the bond market sell-off, possibly due to expectations of central bank rate cuts or stabilizing economic data.

Central bank policies, such as interest rate decisions, quantitative easing, or tightening, have profound implications for economies, markets, and individuals. Given your mention of gold prices at $3,560 and retreating global bond yields.

Implications of Central Bank Policies

When central banks like the Federal Reserve or ECB raise rates to combat inflation, borrowing costs increase, slowing economic activity. This typically strengthens currencies (e.g., USD) but pressures equities and non-yielding assets like gold, as seen in gold’s recent pullback from $3,560. Higher rates also push bond yields up, as observed earlier this week before the retreat.

Rate cuts, often used to stimulate growth during slowdowns, reduce bond yields, making non-yielding assets like gold more attractive. The recent easing of global bond yields (e.g., U.S. 10-year at 4.22% on September 3) suggests markets anticipate looser policy, potentially from expected Fed rate cuts in 2025, boosting gold’s appeal.

Tight policy curbs inflation but risks recession, while loose policy fuels growth but may reignite inflation. For example, markets expect a 25-50 basis point Fed cut by late 2025, per recent analyses, influencing asset prices. Central banks purchasing bonds injects liquidity, lowering yields and supporting equities and commodities like gold. This was evident during post-2020 recovery phases, driving gold to highs.

Selling bonds or reducing balance sheets, as the Fed has done since 2022, tightens liquidity, raising yields and pressuring risk assets. The recent bond yield retreat may reflect pauses in aggressive tightening. QE supports asset bubbles, while QT can trigger market corrections, affecting investor confidence and portfolio allocations.

Tightening strengthens currencies (e.g., USD under Fed hikes), making gold, priced in dollars, cheaper for non-USD holders, potentially increasing demand. Conversely, rate cuts weaken currencies, raising gold prices, as seen in its $3,560 peak.

Currency fluctuations influence trade balances and global investment flows, with emerging markets sensitive to USD strength. Tight policies aim to curb inflation, which remains a concern with U.S. CPI at 2.9% in July 2025. This reduces purchasing power but supports gold as an inflation hedge.

Loose policies risk overheating economies, spurring inflation, which further drives gold demand. Persistent inflation erodes real wages, while deflationary pressures from overtightening could trigger economic stagnation.

Impacts on Key Stakeholders

High rates increase borrowing costs for firms, compressing valuations, especially for tech stocks. Rate cuts could spark rallies, as seen in 2023 post-Fed pauses. Rising rates lower bond prices, while falling yields (as recently observed) boost bond values, benefiting fixed-income investors.

Gold thrives in low-yield, high-uncertainty environments. Its $3,560 peak reflects bets on rate cuts or geopolitical risks, per recent X posts. Tight policy often hurts speculative assets like Bitcoin, while easing supports them, though volatility persists.

Higher rates raise borrowing costs, squeezing margins for debt-heavy firms, especially in real estate or tech. Rate cuts would ease financing, spurring investment. Tightening reduces consumer spending, hitting retail and discretionary sectors, while loose policy boosts demand.

High rates increase mortgage and loan costs, reducing disposable income. U.S. 30-year mortgage rates near 7% in 2025 strain housing affordability. Rate cuts lower borrowing costs but may fuel inflation, eroding savings unless wages keep pace (U.S. wage growth ~3.5% in 2025).

Rising yields increase debt servicing costs for governments. The U.S. debt-to-GDP ratio, over 120% in 2025, faces pressure from high yields. Loose policy allows cheaper borrowing but risks currency depreciation and imported inflation for smaller economies.

Divergent policies (e.g., Fed tightening vs. ECB/BoJ easing) create currency volatility, impacting trade. Emerging markets face capital outflows during USD strength. Synchronized rate cuts, as hinted by recent yield retreats, could stabilize global growth but risk coordinated inflation spikes.

Gold and Bond Yields

Central bank signals of potential rate cuts (e.g., Fed’s 50% chance of a 50-bp cut by Q4 2025, per market data) and geopolitical risks (e.g., Middle East tensions) drive gold’s rally. Its pullback aligns with short-term yield spikes or profit-taking.

The drop from recent highs (e.g., U.S. 10-year at 4.22%) suggests markets pricing in slower growth or policy easing. This supports gold’s safe-haven status and reflects expectations of central banks like the Fed or ECB pausing aggressive hikes.

Central bank policies shape asset prices, economic growth, and inflation dynamics. The recent gold surge and bond yield retreat reflect market bets on looser policy amid slowing growth signals. Investors should monitor central bank statements, jobs data, and geopolitical developments, as these will drive gold, bonds, and broader markets.

Gold’s pullback could be tied to profit-taking or rising yields earlier in the week, which often pressure non-yielding assets like gold. Keep an eye on upcoming U.S. jobs data and Federal Reserve signals, as they could further influence both gold prices and bond yields.

It’s Tekedia Mini-MBA Graduation Day – Executing A Winning AI Product Strategy in Africa

By
Ndubuisi Ekekwe
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0

It is Tekedia Mini-MBA Graduation Day, and my Graduation Lecture is titled “Executing A Winning AI Product Strategy in Africa”. The rapid evolution of artificial intelligence (A) has ushered in a new era of product development that operates under a distinct and unforgiving set of rules which do not align with the conventional SaaS business model where digital products benefit from near-zero marginal costs and network effects.

At the heart of this new paradigm lies the brutal economic reality of AI. Unlike traditional software, AI products are built on a foundation of real marginal costs driven by token usage and GPU compute, like what you see in physical products. Simply, the SaaS’ near-zero marginal cost as you grow is replaced by an unpredictable and potentially exorbitant cost of inference. Every prompt is a cost, even as you scale!

My Co-learners, this necessitates an upfront, strategic approach to unit economics and scalable advantages, where profitability must be meticulously designed into the product from its inception. This economic model also dictates a more sophisticated approach to pricing. The Graduation lecture will examine four key pricing frameworks. These are not just pricing options but strategic levers for survival and competitive differentiation.

  • Usage-Based: Users pay per action (e.g., per token, per image generated). This aligns cost with value but can lead to unpredictable expenses for users.
  • Outcome-Based: Users pay only for a successful result (e.g., a perfect output). This is a strong value proposition but can be difficult to implement and measure.
  • Value-Based: Users pay based on the perceived value they receive. This is highly profitable but requires deep understanding of customer needs.
  • Subscription with Soft Cap: A hybrid model where users pay a flat fee for a certain level of usage, with additional charges for going over the limit. This provides cost predictability for both the user and the company.

More so, beyond economics, the defining challenge in the AI space is the illusion of moat, something we have discussed extensively in this program. I have provided cases of how ancestral communities were built with the clan holding the kinship living in strategic locations (hills, etc).

In the past, proprietary technology was the key to a defensible position. However, with powerful foundation models now widely accessible, the AI itself is rapidly becoming a commodity. Yes, the true competitive advantage, or moat, is not the AI model but the system built around it.

This AI redesign demands visionaries who can fluidly bridge the worlds of product strategy, AI economics, and technical fluency. Yes, people who can architect a defensible product system, understand the intricate financial models of AI, and possess a foundational understanding of the technology’s capabilities and limitations. With that, whether it is Oriendu Market Ovim or Wall Street trading desk, AI can help companies to deliver alpha.

Sat, Sept 6 | 7pm – 8.30pm WAT | It’s Graduation Day – Executing A Winning AI Product Strategy in Africa – Ndubuisi Ekekwe | Zoom Link 

Avalon X Price Prediction 2025–2030: Can It Outperform XRP?

By
TI Partners
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0

Avalon X (AVLX) has been making waves lately, its presale has gained major traction as well as its giveaways, one million dollars’ worth of tokens and even a townhouse.

Meanwhile XRP has been rising after a long legal battle finally ended. Now everyone’s watching both and asking the same question: where will prices be by 2030 and which one is the best crypto to buy in 2025?

XRP Price Prediction: What’s Going On With XRP?

XRP has had a rough ride the past few years, mostly due to its legal battle with the U.S. Securities and Exchange Commission. But now that’s all behind them and the case is settled, XRP is rising again.

Just recently, XRP price is hovering around the $2.80 level and some are saying it will hit $3 soon. Others are even calling for $5 or more by 2025 if it sees more adoption in the payment space.

There’s been talk of an XRP exchange-traded fund being approved, which could bring more attention from traditional investors. XRP has always positioned itself as a fast, low-cost option for cross-border payments, and with the legal hurdles now out of the way, the project finally has room to grow again.

Still, XRP isn’t a new player. It’s been around for over a decade, and a lot of its future depends on how much traction it can gain with banks and payment platforms over the next few years.

Avalon X Turns Heads With Lifestyle Prizes

While XRP has the benefit of being well-established, Avalon X is going in a different direction. It’s early, yes, but it’s already doing something bold. Instead of waiting to build hype, it’s using massive real-world giveaways to bring people in.

The first giveaway is simple. Avalon X is handing out one million dollars’ worth of its token, AVLX. Ten people will each win $100,000 in tokens. To enter, you just connect your wallet to the dashboard and buy at least $100 worth of AVLX. You can also earn ten bonus entries for every friend you refer.

The second giveaway is even more eye-catching. Avalon X is giving away a townhouse in the gated Eco Avalon, its own sustainable development. To enter, you buy at least $250 worth of AVLX and connect your wallet the same way. Again, referrals give you more chances to win.

Eco Valley Townhouse Giveaway

These aren’t abstract benefits. These are things you can picture. One prize boosts your wallet, the other could change your life. That’s part of what’s helping Avalon X catch people’s attention so early.

Where Could Avalon X Go In 2025?

Avalon X is starting at just $0.005 per token in Stage 1 so it has a lot of room to run if demand picks up. The giveaways are already creating buzz and that will carry through 2025. If the project keeps getting attention and people keep being interested in the rewards then it can build a steady base over time.

2025 is when most early buyers will be watching closely. By then we’ll see the token listed on more exchanges. If it hits the right milestones and stays active with the community a slow and steady climb is possible.

What About 2026 Through 2030?

For Avalon X the years after 2025 will be all about keeping people engaged. That could mean launching new lifestyle campaigns, partnering with travel or home brands or even expanding the Eco Avalon concept.

If the team keeps delivering on experiences that are easy to understand and genuinely appealing then AVLX will hold its ground.

Some are already speculating that if Avalon X keeps its pace the Avalon X token could reach ten or twenty cents by 2030. Of course that depends on a lot of things – market conditions, community support and continued utility. But with the right momentum Avalon X has room to grow.

Avalon X Vs XRP: What’s the Difference?

It’s hard to compare a new token with a veteran like XRP, but it really depends on what kind of investor you are. XRP is tried and tested. It has a specific use case in payments, and many people trust its long-term potential now that the legal uncertainty is gone.

Avalon X, on the other hand, is fresh. It’s offering something more tangible and is a crypto backed by real world assets. You’re not just hoping the price goes up. You’re actually getting the chance to win a house, earn bonuses, and be part of something that feels like a lifestyle brand as much as a crypto project.

Some might choose XRP for its stability. Others might be drawn to Avalon X for its imagination and being able to invest in real estate crypto. Plus, plenty of people may hold both, hoping to benefit from each in different ways.

Why Avalon X’s Approach Is Unique

Avalon X is cutting through the noise. While many projects bury people in whitepapers, Avalon X keeps it simple. You buy a token. You might win a prize. You feel like part of something bigger. It’s an easy concept to understand and that’s what makes it powerful.

The giveaways work as tools to help people connect emotionally to the project. When you imagine yourself living in a modern townhouse or waking up with $100,000 in tokens, it creates a sense of possibility that most tokens never even try to deliver.

Final Thoughts

As XRP builds momentum with legal clarity and growing adoption, Avalon X is going its own way with lifestyle giveaways and a clear, visual story, making it one of the best altcoins to invest in 2025. Over the next 5 years, both will take very different routes, but both have their own appeal.

 

Join the Community

Website: https://avalonx.io/

$1M Giveaway: https://avalonx.io/giveaway

Telegram: https://t.me/avlxofficial

X: https://x.com/AvalonXOfficial

Best Online Slots That Pay Real Money in 2025: Top Picks for Jackpot Hunters

By
TI Partners
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0

In 2025, players seeking the best online slots real money experience will find plenty of jackpot action at SlotoCash Casino. This long-standing platform has built its reputation as a real cash online casino by consistently offering slots with thrilling themes, strong win potential, and bonus-packed gameplay. Whether you are a casual spinner or a jackpot chaser, the selection at SlotoCash in 2025 is full of opportunities to land real payouts.

Below, we explore the standout real slots online that have captured players’ attention this year and explain why each one deserves a spot on your must-play list.

Spicy Reels Fiesta

SlotoCash’s fiery new release, Spicy Reels Fiesta, brings a colorful Mexican party to your screen. This 5×3 slot offers 243 ways to win and a collection of mouthwatering symbols like smiling tacos, hot sauce dishes, sombrero-wearing avocados, and limes.

It is loaded with features that keep every spin exciting: a Wild (a group wild on reels 2–5) substitutes for other symbols, and a Morphing Symbols feature transforms winning symbols into new ones for extra payouts. Three or more Free Games scatters trigger the free spins round, which starts at 16 spins, where random multipliers of 2×–20× can hit on any win.

Better yet, free spins can retrigger for more plays, and the top prize can reach 20,000× your base bet. With high volatility and the chance of giant multipliers, Spicy Reels Fiesta is a must-play for real money enthusiasts looking for flavor and heat.

God of Wealth

The Chinese-themed God of Wealth slot at SlotoCash invites players to seek fortune from Caishen, the legendary money god. This traditional 5-reel, 25-payline game features a peaceful garden scene seen through transparent reels.

It stars the God of Wealth himself as a Wild, doubling wins when he appears, and Golden Ingot Scatters that trigger the Free Games bonus round. During free spins, players get additional winning opportunities, and the slot even carries a progressive jackpot that can hit at random. With all wins multiplied by the line bet and scatters by total bet, this slot can pay up to 777× for five of a kind (the red planet symbol) and 77× your total bet for five scatters.

Its classic Chinese imagery, combined with wild multipliers, free games, and a jackpot, makes God of Wealth a favourite for real money players chasing big fortune.

Giant Fortunes

Step into the medieval world of Giant Fortunes, a 5×3, 25-line fantasy slot where giants roam a distant village. The graphics are epic, setting the stage for adventure. This game has a solid 96.00% RTP and plenty of winning potential.

Wilds substitute for regular symbols to help form combos, while gem scatters transform into mystery symbols that can enhance payouts. Collecting gem scatter wins sends you to the free spins round, where multiple gem symbols act as large mystery symbols to trigger even bigger prizes. The Vikings and villagers symbols top the paytable, with the Viking paying 1000× on five, so every spin can feel legendary.

Fruit Frenzy

For a lighthearted break from adventure, Fruit Frenzy serves up a vibrant circus-themed slot filled with playful fruit characters. This five-reel, 25-payline game is bursting with color.

You will see a clown-faced orange, ballerina pear, ringmaster banana, and even a daredevil pineapple on the reels. The pineapple acts as the Wild, replacing most symbols for extra wins. Two special scatter symbols, the Fruit Logo and Frenzy Logo, award payout multipliers up to 200× the total bet for multiple scatters.

The highlight is the Daredevil Feature. Land five of any symbol to trigger a mini-game where a strawberry is shot from a watermelon cannon. Each hit on the target earns points, and the points determine your free spins. From 5 free spins, 0 points up to 25 free spins, 3 points.

Even better, Fruit Frenzy has a random progressive jackpot that can drop at any time for a life-changing win. Players love this game for its cheerful theme, fun mechanics, and the chance at huge prizes via free spins or the jackpot.

Nova 7

The sci-fi-themed Nova 7’s slot blasts off into space with intergalactic graphics and intense features. On its 5×3 grid, each spin aligns planets and stars as symbols, but the real excitement comes from the bonus features, which are Red Nova Spins, Blue Nova Spins, Nova 7 Spins, and Supernova Spins.

These rounds are accompanied by falling reels, wild metamorphoses, and great multiplication, which can easily increase your wealth. Being one of the most volatile games, Nova 7 has a fantastic risk-reward gameplay that keeps jackpot hunters on the edge of their seats.

T?Rex Wild Attack

Roar back to the prehistoric era with T?Rex Wild Attack, a 6×4 dinosaur slot packed with high-volatility features. The game’s highest paying symbol is the blue T-Rex, which earns up to 900× your stake for six on a line, followed by other dinosaurs like the Triceratops and Pteranodon.

The Wild symbol is another T-Rex, which substitutes for all except the scatter. When a wild appears on a losing spin, the Cascade feature may trigger. All low-paying symbols are removed to let higher-paying ones tumble in, potentially turning a loss into a win.

Hit 3–6 Free Games Scatters and you get 8, 10, 15, or 20 free spins, respectively. Free spins come with stacked wilds and increasing multipliers. Each spin may reveal a column full of wilds with a multiplier. If that spin doesn’t pay, you earn a respin with the multiplier locked on and incremented up to 5× until you finally win.

These mechanics, stacked wilds and built-up multipliers, mean a single spin can explode into an enormous payout. Thanks to its Jurassic theme and big-win potential, T?Rex Wild Attack has become one of SlotoCash’s most popular high-stakes slots.

Mermaid Queen

Dive deep with Mermaid Queen, a 5×20 aquatic-themed slot featuring the legends of Poseidon’s court. This medium-variance game (RTP 97.5%) surrounds you with vibrant underwater graphics full of coral reefs, treasure chests, and mer-creatures shining on the reels. The Wild symbol is the Mermaid Queen herself, which can substitute for other symbols.

There is also a Progressive Jackpot that grows over time and can randomly drop on any spin. Three or more Scatters activate the free games round, where mermaids grant you multiple free spins. Many wins in this round come with multiplier symbols, often doubling or tripling payouts.

Mermaid Queen’s main features include Wilds, Scatter symbols, Free Spins, and a progressive jackpot. This combination makes it a rewarding choice. Besides its mythic theme, players love chasing the jackpot and enjoying the variety of bonus rounds. Its medium volatility means free spins hit fairly often, giving plenty of action and big multipliers on each spin.

Conclusion

All these SlotoCash titles have been designed to make the most thrilling games that are rewarding with actual money. Each of them provides the opportunity to win big with bonus plays such as wilds, multipliers, sticky respins, and free spins that multiply the winnings. Why not try them today? Join SlotoCash Casino and start spinning these top real-money slots, and you might unlock the very fortune of these games’ legends.

 

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