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  • Near Antarctica, saltier seas mean less ice but more heat: Study

    Near Antarctica, saltier seas mean less ice but more heat: Study

    Some of the water around Antarctica has been getting saltier. And that has affected the amount of sea ice at the bottom of the planet.

    A study published on June 30 in the Proceedings of the National Academy of Sciences found that increases in salinity in seawater near the surface could help explain some of the decrease in Antarctic sea ice that have been observed over the past decade, reversing a previous period of growth.

    “The impact of Antarctic ice is massive in terms of sea-level rise, in terms of global warming, and therefore, in terms of extremes,” said Alessandro Silvano, a senior scientist at the University of Southampton studying the Southern Ocean and lead author of the study. The findings mean “we are entering a new system, a new world”, he said.

    Each year, the sea ice floating atop the Earth’s polar oceans melts in the summer and refreezes in the winter, acting as a mirror that bounces the sun’s heat back into space. Since the late 1970s, as global temperatures ratcheted upward, sea ice in the Arctic has been swiftly declining. But in the Antarctic sea ice continued to grow into the 2010s.

    The study used data from satellites to track changes by using a brightness measurement that subtly correlates to salt content. But because the signal is small and easily drowned out by other factors, Dr Silvano said, it wasn’t possible to analyse them effectively until recent advances in algorithms.

    When Dr Silvano and his co-authors first noticed the rising salinity, they doubted the signal was real, suspecting an error in the satellite data. But as physical measurements from ocean instruments began to confirm the trend, they realised the signal was accurate.

    “Because melting ice should freshen the ocean, we thought that we should have seen freshening, right?” Dr Silvano said, adding that climate change is also increasing precipitation and runoff from melting glaciers in the Antarctic, which should mean more fresh water coming into the ocean’s surface. “Instead, we saw increasing salinity.”

    As the salt content increases, the density of the water changes, drawing warmer water – typically stashed deep under the surface – upward. Hotter water causes the ice floating on it to melt, and prevents it from growing back in the winter as much as it used to.

    Because less sea ice means less fresh water balancing out the salinity and warmth, it’s a feedback loop that threatens greater warming, he said.

    Sharon Stammerjohn, a senior research associate at the University of Colorado Boulder’s Institute of Arctic and Alpine Research, who was not involved in the research, described the paper as a sort of missing link for the potential drivers of Antarctic sea-ice changes.

    “We have been struggling for about the last decade to try to figure out why Antarctic sea ice had such a rapid decline and continues to decline,” she said.

    Typically, Dr Stammerjohn said, the ocean acts as a bank of planetary heat. Because fresher water is less dense, it acts as a lid, holding back the salt and trapping heat deep below the surface. Rising salinity means the layers of the ocean are mixing more, and letting more heat escape to the surface. “Up until 2015 we kind of kept a lid on that,” she said.

    Cecilia Bitz, a professor of climate science at the University of Washington, said observations of the Antarctic’s complex dynamics and vast, hard-to-access landscape remained sparse until about 10 years ago. Then, improvements in satellite data along with a growing fleet of autonomous buoys with sensors, known as Argo floats, which provided some of the data used in Dr Silvano’s study, began to fill in the gaps.

    Recently, the Department of Defense announced it would be no longer be providing some of the satellite data that researchers use to monitor changes in sea ice. According to an announcement Monday, the data will become unavailable after July 31.

    “This not only affects polar researchers who rely on this for Antarctic sea ice and Arctic sea ice, but another sensor on there is key for hurricane forecasting,” Dr Stammerjohn said.

    While the details of how the scientific community might adapt when this program is canceled are unclear, she said, there are other satellite products, including ones maintained by the European Space Agency and the Japan Aerospace Exploration Agency, that may be able to fill the gap. NYTIMES

    Find out more about climate change and how it could affect you on the ST microsite here.

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  • Rubin Observatory reveals the first images of the Universe

    Rubin Observatory reveals the first images of the Universe

    image: ©tioloco | iStock

    The Vera C. Rubin Observatory has revealed its first imagery, which will be followed by more detailed observations to gain a deeper understanding of the universe

    Located at the top of Cerro Pachón in Chile, the observatory is a joint venture by the U.S. National Science Foundation (NSF) and the Department of Energy (DOE), designed to transform our understanding of the cosmos.

    In just over ten hours of early test observations, the observatory has already captured millions of stars and galaxies, along with thousands of asteroids.

    A next-generation eye on the sky

    Rubin Observatory stands out as one of the most advanced optical astronomical facilities ever built. Its 8.4-meter telescope features the largest digital camera in the world, paired with an advanced data processing system capable of handling a massive volume of astronomical information.

    Set to begin its full scientific operations in 2025, the observatory’s main project, the Legacy Survey of Space and Time (LSST), will scan the entire visible Southern Hemisphere sky every few nights for ten years. This effort will produce a dynamic, high-resolution time-lapse view of the night sky, unlike anything seen before.

    The universe’s most profound mysteries

    A key goal of the Rubin Observatory is to help scientists investigate some of the biggest unanswered questions in cosmology. These include the nature of dark matter and dark energy, mysterious forces that together comprise approximately 95% of the universe but remain poorly understood.

    The observatory’s detailed and frequent observations will provide important data to improve scientific models of how galaxies form and evolve, as well as how the universe is expanding and whether previously unknown cosmic phenomena exist.

    Improving planetary defence

    The Rubin Observatory will also revolutionise our understanding of the solar system. Its nightly sky scans will detect millions of asteroids, comets, and even interstellar objects, many of which have never been observed before.

    This capability makes Rubin the most powerful solar system discovery tool ever constructed. Its findings will be vital for planetary defence efforts, potentially identifying space rocks that pose a future threat to Earth or the moon.

    Creating a stream of data

    The observatory’s data output is expected to surpass the combined total of all previous optical observatories, just in its first year of operation. Over its decade-long mission, Rubin will produce an archive of information,
    The imagery and insights generated will be publicly accessible, enabling collaboration not only among professional scientists but also among citizen scientists and educators worldwide.

    Named in honour of astronomer Vera C. Rubin, who provided the first compelling evidence for dark matter, the observatory is set to create a new era of astronomical discovery.

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  • adidas and Newcastle United reveal 2025/26 third jersey – a modern tribute to the 1997/98 away kit

    adidas and Newcastle United reveal 2025/26 third jersey – a modern tribute to the 1997/98 away kit

    • The Newcastle United 2025-26 third jersey introduces the trefoil adidas logo for a contemporary take on a classic

    • Blending colours from the iconic 97/98 away kit, the jersey embraces the future of football fashion whilst paying homage to its heritage

    • The third kit is available from 1st July via Newcastle United stores, selected adidas retail stores, and online at the official Newcastle United website and https://www.adidas.co.uk/football-jerseys

    • Kit to be worn for the first time against Celtic on the 19th July (the first ever adidas Trophy)

    A modern tribute to the iconic 97/98 third kit, the jersey features a striking combination of burnt orange and deep green set against a navy backdrop, for a stylish take on a renowned classic and a must-have for fans and collectors.

    Welcoming the embroidered trefoil adidas logo, the shirt features a stitched club crest and adidas EQT flat knit collar and cuffs. The kit is completed with navy shorts and socks, accented with signature three-stripe detailing and a clean orange trefoil sign-off for a visual statement.

    The 2025/26 Newcastle United third kit will be available for purchase from 9am (BST) on Tuesday 1 July. Fans can shop online at shop.newcastleunited.com and www.adidas.co.uk/football-jerseys, or visit official club stores at St. James’ Park, the Metro Centre, Fenwick Newcastle as well as selected adidas retail locations.

    To support the club’s ongoing community efforts, Newcastle United will donate £5 from every adult home, away, third, and goalkeeper shirt sold via the official club website or official NUFC stores before 31 August 2025 to the Newcastle United Foundation.

    The initiative will help fund grassroots programmes and social impact projects across the North East.

    Peter Silverstone, Chief Commercial Officer, at Newcastle United said: “This third kit is a powerful blend of past and present – a bold design that reflects both our proud history and the exciting journey ahead. Working closely with adidas, we’ve created something that we hope will resonate deeply with our global supporters, bringing back an iconic look with a modern twist.

    There’s a real pride in wearing the trefoil – a symbol that connects generations of fans and players. Our passionate global fanbase will see this and wear it with pride, especially as we return to the UEFA Champions League for the second time in three years.

    Just as importantly, every adult shirt sold direct from the club contributes directly to our Foundation’s work across the North East, reinforcing our commitment to community impact on and off the pitch.”

    adidas said: “For this season’s third kit, we wanted to bring the fans an added level of connection by combining our favourite elements of the iconic 97/98 kit, told through a modern and stylish lens. The intersection between football and fashion is continuously evolving, and this kit celebrates the colliding of these two worlds in a way that honours the club’s identity and togetherness, both in the past and for years to come.”

    The on-pitch version of the jersey is constructed using advanced materials including AEROREADY to maximize air flow to keep players feeling cool, while the fan version uses sweat-wicking and absorbent materials to keep the body feeling dry, for lasting comfort on matchdays and beyond.

    The 2025/26 third kit will make its debut when Newcastle United take to the pitch during their pre-season fixture against Celtic in the first ever adidas Trophy.

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  • London 2012 tennis courts to make way for padel

    London 2012 tennis courts to make way for padel

    BBC  Tennis players at Lee Valley Hockey and Tennis CentreBBC

    Tennis players are upset their courts will be replaced by padel facilities

    Tennis courts built for the London 2012 Olympic and Paralympic Games are to be replaced with padel courts in a move that has infuriated tennis players.

    The plan is to turn four indoor tennis courts at Lee Valley Hockey and Tennis Centre in north-east London into nine courts for the emerging racquet sport – which is a blend of tennis and squash.

    Shawn Dawson, boss of Lee Valley Regional Park Authority, where Lee Valley Hockey and Tennis Centre is, insisted the changes were essential.

    A petition against the plan has attracted more than 1,500 signatures.

    Mr Dawson said: “We need to make sure these great public assets, these great public Olympic venues are relevant for a wider section of the population.

    “So we are very much responding to trends… here we are 13 years on from the Games and we need to make sure these legacy venues continue to deliver.”

    Shawn Dawson, a man with grey hair, wearing a vertically-striped blue and white shirt

    Shawn Dawson, boss of Lee Valley Hockey and Tennis Centre, insisted the changes were needed

    But the Lawn Tennis Association (LTA) called the plans “particularly disappointing”.

    It said: “The LTA and Tennis Foundation invested half a million pounds in the original tennis facility which is an important legacy from the London 2012 Paralympics.

    “The courts are still heavily used with over 700 children on the programme, 100,000 players accessing the facilities each year, a thriving disability programme and links to local schools.”

    Tennis player Kimberly Schreiber, who has long brown hair and wears a blue denim shirt

    Tennis player Kimberly Schreiber said it was “disappointing” there had been no consultation

    Tennis player Kimberly Schreiber called the scheme an “insult”.

    She said: “What is disappointing is that this decision to replace our indoor courts is that it has been done with no public consultation, and it’s just really an insult to the vibrant and diverse community that this tennis centre supports.”

    Ivan Vershigora, a man with dark hair in a black T-shirt and black trousers, wearing dark sunglasses, in a wheelchair outside

    Wheelchair user Ivan Vershigora said wheelchair tennis was his highlight of the week

    Omosuyi Fred-Omojole said: “I understand the perspective of wanting to leverage the growth of padel, it absolutely makes economic sense, but it should not be done at the expense of the existing, thriving, indoor tennis community.”

    Wheelchair user Ivan Vershigora said wheelchair tennis was his highlight of the week.

    “I feel very sad about them converting the indoor courts to padel because the tennis is like a very fun sport to do, especially if you are in a wheelchair.”

    Isaac, aged eight, a boy with dark hair, wearing a white tennis shirt

    The courts helped Isaac, aged eight, reach national championship standard

    Playing outdoors in winter would be difficult because of poor weather, said Mr Vershigora.

    He would though, he added, try padel.

    The courts helped eight-year-old Isaac reach national championship standard.

    He said: “The indoor courts are really important because you can’t really practise in the winter because it is very rainy and cold.”

    Omosuyi Fred-Omojole, who is wearing a green cap and a white tennis shirt

    Omosuyi Fred-Omojole says facilitating the increasing popularity of padel should not be done at the expense of the “thriving tennis community”

    The venue has six outdoor tennis courts in addition to the four indoor courts, which will not be affected by the changes.

    Mr Dawson said by converting the indoor courts into padel ones, it will mean the centre, which also has two hockey pitches, will be more beneficial to more people.

    “We’ll have three sports rather than two, which means more people can get fit, can get well, can meet in a social setting,” he said.

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  • CNSA releases images of Earth and Moon by Tianwen-2 from 590,000 km in deep space |

    CNSA releases images of Earth and Moon by Tianwen-2 from 590,000 km in deep space |

    Source: Astronomy Magazine

    China’s Tianwen-2 probe has officially begun its deep space mission by capturing a stunning image of Earth and the Moon from 590,000 kilometers away. Released by the China National Space Administration (CNSA) on July 1, the image symbolises the start of a decade-long journey to explore a near-Earth asteroid and a distant comet. Launched on May 29, Tianwen-2 will collect samples from asteroid Kamo’oalewa by 2027 and later investigate comet 311P/PANSTARRS. This dual-target mission marks a significant step forward for China’s space program, aiming to unlock key secrets about the origin of the Moon, water, and life.

    Tianwen-2 probe: Earth-Moon images from deep space released by CNSA

    The stunning photo was taken on May 30, 2025, when Tianwen-2 was nearly 590,000 kilometers away from Earth. The picture beautifully frames Earth and its natural satellite, the Moon, together in the vast darkness of space. This image was captured using the spacecraft’s narrow-field-of-view navigation sensor, an instrument designed to help the spacecraft maintain its orientation and enable precise autonomous navigation.This camera plays a critical role in guiding Tianwen-2 through deep space, allowing it to operate independently from ground control while maintaining stability during its long voyage.

    Tianwen-2 probe: Earth-Moon images from deep space released by CNSA

    Source: CNSA

    Tianwen-2 probe: Earth-Moon images from deep space released by CNSA

    Source: CNSA

    Tianwen-2 marks milestone with over 12 million km travelled since May 29 launch

    As of July 1, 2025, CNSA reports that Tianwen-2 is operating smoothly. As reported, the Tianwen-2 probe has been in orbit for 33 days with a distance of 12 million kilometres since its May 29 launch from the Xichang Satellite Launch Center aboard a Long March 3B rocket. Its successful performance in this early stage builds confidence in its ability to complete its complex multi-target mission.This probe is part of China’s broader space strategy to expand its scientific reach beyond the Moon and Mars, pushing boundaries into asteroid and comet exploration—domains previously dominated by NASA, ESA, and JAXA.

    Tianwen-2 heads toward Kamo’oalewa; a mysterious near-Earth asteroid

    Tianwen-2 is heading toward Kamo’oalewa, a small near-Earth asteroid that orbits the Sun in a path similar to Earth’s. What makes this asteroid particularly intriguing is the hypothesis that it might be a fragment of the Moon, dislodged by a massive impact event in the distant past.Upon arrival in 2026, the spacecraft will conduct detailed investigations, including:

    • Surface imaging and mapping
    • Material composition analysis
    • Landing and sample collection

    The samples will then be returned to Earth by 2027, providing researchers with rare, untouched material from a near-Earth object—potentially from the Moon’s ancient past.

    Tianwen-2 to explore mysterious comet after asteroid sample return

    Tianwen-2’s mission doesn’t end after the asteroid sample returns. It will be re-tasked to study the comet 311P/PANSTARRS, known for its active tail and mysterious dust ejection events. This phase of the mission could begin shortly after the asteroid visit and will involve:

    • Close flybys of the comet’s nucleus
    • Observations of gas and dust activity
    • Analysis of chemical composition

    Scientists hope this exploration could provide vital clues about the origin of Earth’s water and organic molecules, helping to answer one of science’s oldest questions—how life-supporting ingredients arrived on our planet.

    Tianwen-2 sets a new standard with 10-year asteroid-to-comet space voyage

    According to The Astronomy Magazine, the Tianwen-2 mission is planned to last more than 10 years, making it one of the longest and most scientifically rich deep-space missions in China’s history. Its dual-phase nature—first targeting an asteroid, then a comet—requires exceptional engineering and mission planning.This strategy mirrors the complexity and ambition of missions like NASA’s OSIRIS-REx and ESA’s Rosetta, but with a uniquely Chinese twist: combining asteroid sample return and comet observation into a single, seamless voyage.Also Read | NASA alert! 120-foot airplane-sized asteroid 2025 MM to make closest flyby on Earth today; should we be concerned


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  • Balochistan PA Speaker calls on Ayaz Sadiq

    Balochistan PA Speaker calls on Ayaz Sadiq

    ISLAMABAD  –   ISLAMABAD: Speaker Balochistan Assembly Captain (Retd) Abdul Khaliq Khan Achakzai on Monday called on Speaker National Assembly Sardar Ayaz Sadiq.

    The meeting focused on fostering inter-parliamentary cooperation as a means to address the country’s key political and economic challenges.

    Both dignitaries exchanged views on enhancing institutional collaboration between the National Assembly and the Balochistan Assembly.

    The NA Speaker emphasised that sustained coordination among federal and provincial legislatures is essential to strengthening democratic governance and ensuring effective policymaking.

    He highlighted Balochistan’s strategic role in Pakistan’s development and reaffirmed that inclusive progress cannot be achieved without the active participation of provincial assemblies.

    He assured his Balochistan counterpart of the National Assembly’s full support in reinforcing the institutional effectiveness of the Balochistan Assembly, including initiatives aimed at legislative training, research, and procedural development.

    Speaker Balochistan Assembly Captain (Retd) Abdul Khaliq Khan Achakzai underlined the importance of regular interaction between lawmakers across assemblies to share best practices, promote mutual understanding, and enhance legislative performance. He noted that inter-parliamentary engagement is key to building national unity and ensuring a coordinated approach to governance.


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  • Elon Musk’s xAI raises $10 billion in debt and equity

    Elon Musk’s xAI raises $10 billion in debt and equity

    Elon Musk announced his new company xAI, which he says has the goal to understand the true nature of the universe.

    Jaap Arriens | Nurphoto | Getty Images

    XAI, the artificial intelligence startup run by Elon Musk, raised a combined $10 billion in debt and equity, Morgan Stanley said.

    Half of that sum was clinched through secured notes and term loans, while a separate $5 billion was secured through strategic equity investment, the bank said on Monday.

    The funding gives xAI more firepower to build out infrastructure and develop its Grok AI chatbot as it looks to compete with bitter rival OpenAI, as well as with a swathe of other players including Amazon-backed Anthropic.

    In May, Musk told CNBC that xAI has already installed 200,000 graphics processing units (GPUs) at its Colossus facility in Memphis, Tennessee. Colossus is xAI’s supercomputer that trains the firm’s AI. Musk at the time said that his company will continue buying chips from semiconductor giants Nvidia and AMD and that xAI is planning a 1-million-GPU facility outside of Memphis.

    Addressing the latest funds raised by the company, Morgan Stanley that “the proceeds will support xAI’s continued development of cutting-edge AI solutions, including one of the world’s largest data center and its flagship Grok platform.”

    xAI continues to release updates to Grok and unveiled the Grok 3 AI model in February. Musk has sought to boost the use of Grok by integrating the AI model with the X social media platform, formerly known as Twitter. In March, xAI acquired X in a deal that valued the site at $33 billion and the AI firm at $80 billion. It’s unclear if the new equity raise has changed that valuation.

    xAI was not immediately available for comment.

    Last year, xAI raised $6 billion at a valuation of $50 billion, CNBC reported.

    Morgan Stanley said the latest debt offering was “oversubscribed and included prominent global debt investors.”

    Competition among American AI startups is intensifying, with companies raising huge amounts of funding to buy chips and build infrastructure.

    OpenAI in March closed a $40 billion financing round that valued the ChatGPT developer at $300 billion. Its big investors include Microsoft and Japan’s SoftBank.

    Anthropic, the developer of the Claude chatbot, closed a funding round in March that valued the firm at $61.5 billion. The company then received a five-year $2.5 billion revolving credit line in May.

    Musk has called Grok a “maximally truth-seeking” AI that is also “anti-woke,” in a bid to set it apart from its rivals. But this has not come without its fair share of controversy. Earlier this year, Grok responded to user queries with unrelated comments about the controversial topic of “white genocide” and South Africa.

    Musk has also clashed with fellow AI leaders, including OpenAI’s Sam Altman. Most famously, Musk claimed that OpenAI, which he co-founded, has deviated from its original mission of developing AI to benefit humanity as a nonprofit and is instead focused on commercial success. In February, Musk alongside a group of investors, put in a bid of $97.4 billion to buy control of OpenAI. Altman swiftly rejected the offer.

    CNBC’s Lora Kolodny and Jonathan Vanian contributed to this report.

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  • Microsoft Takes Its First Step to Make VS Code an Open-Source AI Editor

    Microsoft Takes Its First Step to Make VS Code an Open-Source AI Editor

    Microsoft has taken its first concrete step towards making Visual Studio Code an open-source AI editor by open-sourcing the GitHub Copilot Chat extension under the MIT license. The company announced the milestone on June 30 via the VS Code team’s blog, calling it a move toward transparency, extensibility, and developer-centric AI tooling.

    The newly open-sourced code reveals how Copilot Chat handles agent mode, context engineering, and telemetry. According to the blog post, “Everything, from our system prompts, implementation details, to the telemetry we capture, is available in all transparency.” Contributions and feedback from developers are welcome on GitHub, with the long-term goal of integrating this extension into the core VS Code codebase.

    The announcement follows Microsoft CEO Satya Nadella’s keynote at Build 2025, where he confirmed the company’s commitment to AI-powered development. “This is a big deal. We will integrate these AI-powered capabilities directly into the core of VS Code, bringing them into the same open source repo that powers the world’s most loved dev tool,” said Nadella.

    Erich Gamma, creator of VS Code, reinforced the motivation by highlighting that some organisations really don’t like closed-source IDEs, and for them, VS Code would be a great choice. The company will also open-source its prompt testing infrastructure to support third-party extension developers.

    This strategic shift comes amid growing demand for openness in developer tooling. According to Microsoft, the rapid advancement in LLMs and the convergence of best practices across AI coding UIs have reduced the need for proprietary techniques.

    While the GitHub Copilot extension for inline completions remains closed, Microsoft plans to bring that functionality into the open-sourced Chat extension in the coming months.

    The move invites comparison with AI-first VS Code forks, such as Cursor and Windsurf, both valued in billions. “Is it just me or is it kinda funny that OpenAI bought Windsurf for $3B and then Microsoft just open-sourced Copilot,” quipped a user on X.

    Whether it’s community-driven extensibility or agentic DevOps, Microsoft appears ready to reshape how developers interact with AI, on their own terms, and increasingly in the open.

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  • S&P Dow Jones Indices Collaborates with Centrifuge to Bring the S&P 500 Index Onchain, Expanding Access to the World’s Most Widely Recognized Benchmark

    S&P Dow Jones Indices Collaborates with Centrifuge to Bring the S&P 500 Index Onchain, Expanding Access to the World’s Most Widely Recognized Benchmark

    NEW YORK, July 1, 2025 /PRNewswire/ — S&P Dow Jones Indices (“S&P DJI”), the world’s leading index provider, today announced its plans to collaborate with Centrifuge, a decentralized infrastructure provider specializing in real-world asset (RWA) integration, to enter the fund tokenization space by licensing the S&P 500 Index. This initiative extends the reach of the S&P 500 into onchain investment products and protocols.

    S&P Dow Jones Indices logo (PRNewsfoto/S&P Dow Jones Indices)

    For 125 years and counting, S&P DJI’s indices have provided a liquid foundation for increased adoption of index-based investing around the world. By licensing Centrifuge to provide exposure and bring the S&P 500 Index onchain, a blockchain-native investment vehicle will for the first time be built, governed, and accessed directly through Centrifuge’s RWA infrastructure, rather than via traditional brokerages. Anemoy Capital, a web3 native asset manager powered by Centrifuge, has been licensed by S&P DJI along with Janus Henderson, a leading global asset manager, as the sub-advisor for the fund, to offer the Janus Henderson Anemoy S&P 500 Index Fund Segregated Portfolio, which is planned to launch later this year subject to regulatory approval.

    “At S&P Dow Jones Indices, our mission is to bring trusted benchmarks to every investor, today and tomorrow. Today’s announcement places The 500™ at the forefront of index tokenization and real-world asset integration and brings the innovation of decentralized infrastructure to the most iconic financial index in the world,” said Cameron Drinkwater, Chief Product Officer at S&P Dow Jones Indices. “Our collaboration with Centrifuge enables investors to gain direct exposure to the S&P 500 Index –– within a blockchain ecosystem that supports liquidity, transparency and interoperability. The potential from here – real-time, programmable, automated and 24/7 indexed portfolio solutions – is incredibly exciting.”

    This collaboration combines S&P DJI’s premiere S&P 500 Index and unmatched index data quality with Centrifuge’s blockchain technology to create one of the first digital tokens that represents exposure to the S&P 500 Index. The digital tokens can then be owned, used and transferred through the blockchain, initially providing access to a broader range of market participants. In the future, by licensing S&P DJI’s indices to be embedded directly into DeFi protocols, other tokenized assets and compliant digital investment platforms can provide equal market access and choice to blockchain-native investors and those without access to traditional investment products.

    “Bringing the S&P 500 Index onchain is more than a technical milestone, it represents a shift in how institutional portfolios can be constructed and accessed. For the first time, the world’s most trusted benchmark is available through open, transparent, and programmable infrastructure. At Centrifuge and Anemoy, our focus is to establish ‘onchain indices,’ as a core category of onchain asset allocation, bringing institutional-grade products to a decentralized financial system. We are proud to collaborate with S&P Dow Jones Indices and look forward to what this unlocks for the future of onchain finance,” said Anil Sood, Chief Strategy and Growth Officer at Centrifuge and Co-Founder of Anemoy.

    The introduction of tokenization further expands S&P DJI’s existing portfolio of digital asset initiatives, which includes its cryptocurrency indices, ranging from single-coin indices to multi-asset solutions. S&P DJI’s diverse offering is designed to provide choice for market participants looking to effectively navigate the growing DeFi and digital asset space.

    For more information about S&P Dow Jones Indices, please visit https://www.spglobal.com/spdji/en/.

    S&P Global’s digital asset capabilities support transparency and informed decision-making at the intersection of decentralized innovation and traditional finance. To learn more about S&P Global’s DeFi initiatives please click here. 

    For more information about Centrifuge, please visit https://centrifuge.io/.

    ABOUT S&P DOW JONES INDICES

    S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

    S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit https://www.spglobal.com/spdji/en/.

    The S&P 500 Index is a product of S&P Dow Jones Indices LLC or its affiliates (“S&P DJI), and has been licensed for use by Anemoy Capital Ltd. (“Anemoy”) and k-f dev AG (“Centrifuge”).  S&P®, S&P 500®, SPX®, SPY®, US 500™, The 500™, iBoxx®, iTraxx® and CDX® are trademarks of S&P Global, Inc. or its affiliates (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by S&P DJI and sublicensed for certain purposes by Anemoy and Centrifuge. Funds based on the S&P 500 are not sponsored or sold by S&P DJI, Dow Jones, S&P, their respective affiliates and none of such parties make any representation regarding the advisability of investing in such products nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Index.

    FOR MORE INFORMATION:

    Silke Mcguinness 
    Global Head of Communications
    (+1) 415 205 8414
    silke.mcguinness@spglobal.com 

    Alyssa Augustyn
    Americas Communications
    (+1) 773 919 4732
    alyssa.augustyn@spglobal.com

    Asti Michou
    EMEA Communications
    +44 (0) 79 70 887 863
    asti.michou@spglobal.com 

     

    SOURCE S&P Dow Jones Indices

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  • New Quantum Material Could Make Electronics 1000x Faster

    New Quantum Material Could Make Electronics 1000x Faster


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    Researchers at Northeastern University have discovered how to change the electronic state of matter on demand, a breakthrough that could make electronics 1,000 times faster and more efficient.

    By switching from insulating to conducting and vice versa, the discovery creates the potential to replace silicon components in electronics with exponentially smaller and faster quantum materials. 

    “Processors work in gigahertz right now,” said Alberto de la Torre, assistant professor of physics and lead author of the research. “The speed of change that this would enable would allow you to go to terahertz.”

    Via controlled heating and cooling, a technique they call “thermal quenching,” researchers are able to make a quantum material switch between a metal conductive state and an insulating state. These states can be reversed instantly using the same technique.

    Published in the journal Nature Physics, the research findings represent a breakthrough for materials scientists and the future of electronics: instant control over whether a material conducts or insulates electricity.

    The effect is like a transistor switching electronic signals. And just as transistors allowed computers to become smaller — from the huge machines the size of rooms to the phone in your pocket — control over quantum materials has the potential to transform electronics, says Gregory Fiete, a professor of physics at Northeastern who worked with de la Torre to interpret the findings.

    “Everyone who has ever used a computer encounters a point where they wish something would load faster,” says Fiete. “There’s nothing faster than light, and we’re using light to control material properties at essentially the fastest possible speed that’s allowed by physics.”

    By shining light on a quantum material called 1T-TaS₂ at close to room temperature, researchers achieved a “hidden metallic state” that had so far only been stable at cryogenically cold temperatures. Now researchers have created that conductive metallic state at more practical temperatures, says de la Torre. The material maintains its programmed state for months — something that has never been accomplished before.

    “One of the grand challenges is, how do you control material properties at will?” says Fiete. “What we’re shooting for is the highest level of control over material properties. We want it to do something very fast, with a very certain outcome, because that’s the sort of thing that can be then exploited in a device.”

    So far, electronic devices have needed both conductive and insulating materials, plus a well-engineered interface between the two. This discovery makes it possible to use just one material that can be controlled with light to conduct and then insulate.

    “We eliminate one of the engineering challenges by putting it all into one material,” Fiete says. “And we replace the interface with light within a wider range of temperatures.”

    The research expands upon previous work that used ultra-fast laser pulses to temporarily change the way materials conduct electricity. But those changes only lasted tiny fractions of a second and usually at extremely cold temperatures.

    Stable conductivity switching at higher temperatures is a significant advance for quantum mechanics, Fiete says, and for the long game of supplementing or replacing silicon-based technology. Semiconductors, he says, are so dense with logic components that engineers are now stacking them in three dimensions. But this approach has limitations, he said, which make tiny quantum materials more important for electronics design.

    “We’re at a point where in order to get amazing enhancements in information storage or the speed of operation, we need a new paradigm,” Fiete says. “Quantum computing is one route for handling this and another is to innovate in materials. That’s what this work is really about.”

    Reference: De La Torre A, Wang Q, Masoumi Y, et al. Dynamic phase transition in 1T-TaS2 via a thermal quench. Nat Phys. 2025. doi: 10.1038/s41567-025-02938-1

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