Google AI

Google Embraces Nuclear Energy to Power AI Data Centers, Partnering with Kairos Power

In the growing energy needs of its artificial intelligence (AI) data centers, Google has signed a deal with Kairos Power, a nuclear energy startup, to employ small nuclear reactors as a clean and reliable power source. The agreement marks a...
7-Eleven

7-Eleven: Retail Giant Prepares for Battle Amid Couche-Tard’s $47 Billion Acquisition Bid

In a dramatic effort to unlock shareholder value and ward off an aggressive $47 billion takeover bid from Canadian giant Alimentation Couche-Tard Inc., Seven & i Holdings Co., the Japanese retail conglomerate behind the global 7-Eleven chain, is reshaping its...
European Stock Market

Greece Sells Off Bank Stakes, Reflecting Europe’s Shift to Private Ownership

In a striking turnaround, Greece has sold off the majority of its holdings in the banking sector over the past year. This aggressive program, which has brought in €3.5 billion ($3.8 billion), is part of a broader movement across Europe,...
International Monetary Fund (IMF)

Global Public Debt Surges Past $100 Trillion Amid Rising Political and Economic Pressures: IMF Warns of Future Risks

In a landmark report released on Tuesday, the International Monetary Fund (IMF) warned that the world’s total public debt is set to exceed $100 trillion for the first time in history this year, marking a significant shift in global financial...
Nvidia AI chips

U.S. Considers Limiting Sales of Advanced Nvidia AI Chips to Specific Countries: National Security Concerns Drive New Export Restrictions

The United States government is in the early stages of deliberating a significant shift in its export control policies, particularly focusing on limiting the sale of advanced artificial intelligence (AI) chips from companies like Nvidia to specific countries. According to...
Artificial Intelligence -AI

Microsoft Loses Top AI Expert as Sebastian Bubeck Joins OpenAI: Major Shift in AI Landscape

The artificial intelligence (AI) industry, Microsoft has lost one of its top AI experts, Sebastian Bubeck, who has moved to OpenAI. Bubeck, previously serving as Microsoft's Vice President of Generative AI Research, is recognized as one of the leading minds...
Pacific Islands

Growth Slows Across Pacific Islands Amid Post-Pandemic Fading, Climate Risks, and Structural Challenges: World Bank Report

The Pacific Islands, long seen as a diverse and dynamic region full of promise, face a troubling economic outlook in 2024. The World Bank's latest report highlights a sharp slowdown in growth, projecting a regional GDP increase of only 3.6%...
Iron Ore

Iron Ore Prices Decline Focus Shifts from China’s Stimulus to Global Supply Outlook

Iron ore prices experienced a decline as investors redirected their attention from China’s plans for economic stimulus toward global supply prospects. The shift comes amid a series of quarterly production reports from some of the world’s largest mining companies, including...
Asian Stock

Asian Stocks Mostly Higher Amid Investor Optimism and Stable Oil Prices

Asian stock markets largely trended higher on Tuesday, fueled by investor optimism stemming from a strong Wall Street rally and expectations for better-than-anticipated corporate earnings. Meanwhile, the U.S. dollar hovered near a two-month high, bolstered by growing speculation that the...
cybersecurity

China Denies US Accusations of Hacking in Latest Volt Typhoon Cybersecurity Report, Calling Allegations a ‘Political Farce’

China’s cybersecurity agency once again refuted claims from the United States and Microsoft Corporation that Chinese state-sponsored hackers were behind a major cyberattack targeting critical American computer networks. Known as Volt Typhoon, the cyberattack has been a point of contention...
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