The World Bank reported on Thursday that it received $112 billion in private financing in the year that ended in June, up from $69 billion
Category: WORLD NEWS
China’s Huawei predicts AI will drive most digital traffic by 2035.
By 2035, autonomous agents are expected to make up over 90% of all AI token traffic worldwide, according to China’s Huawei, necessitating significant increases in
Undermining AI and data centers plays directly into China’s hands, says Trump.
On Monday, President Donald Trump attacked worries about rogue AI, saying that any attempts to restrict the technology are a part of a “SICK conspiracy.”
Microsoft creates an AI code of conduct to ensure human control.
Microsoft on Monday released a draft code of conduct for its internal AI, which reflects the rising industry worry that businesses need to maintain human
Modi at BRICS: Warring nations and broken supply chains threaten global stability.
On Sunday, Indian Prime Minister Narendra Modi called for increased cooperation and support throughout the Global South and warned that growing geopolitical tensions, supply chain
Nvidia eyes a $10 billion investment to back Anthropic’s record-breaking $100 billion debut.
Anthropic is in negotiations to include Nvidia as an anchor investor in what may be the biggest IPO in history. Anthropic is looking to raise
UK defense goes SpaceX: $40 million invested in Musk’s Starshield network.
Despite growing European worries about reliance on U.S. security infrastructure, Britain has increased its reliance on Elon Musk’s firm for military communications by investing about
GE Aerospace to buy casting maker CPP for nearly $12 billion to boost supply chain.
To improve its supply-chain capabilities, GE Aerospace announced on Tuesday that it would purchase castings manufacturer Consolidated Precision Products from investment firms Warburg Pincus and
China to inject $54 billion into state banks, insurers to boost their capital reserves.
In a concerted effort by Beijing to bolster capital throughout its financial sector, China’s finance ministry will oversee a total of $54 billion in capital
India’s Tata bets big with a $7.4 billion world-class AI data center campus.
A unit of Tata Consultancy Services announced on Saturday that its partners would invest up to 700 billion rupees ($7.41 billion) to construct a 1-gigawatt
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