Latest in Tech giants are investing in 'sovereign AI' to help Europe cut its dependence on the U.S.
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Tech giants are investing in 'sovereign AI' to help Europe cut its dependence on the U.S.
Tech giants are investing in the development of "sovereign" AI models in Europe to reduce the region's dependence on largely U.S.-controlled infrastructure.Business - CNBC - November 14 -
How a U.S. sovereign wealth fund could help Americans and challenge China’s global influence
Direct investment in long-term international development projects could boost Americans’ well-being for generationsBusiness - MarketWatch - October 26 -
Europe Urges Trump to Support Ukraine but Braces for Possible Cut in U.S. Aid
European leaders have discussed how to help Ukraine fend off Russia without Washington’s support, even as they try to convince the president-elect not to cut aid to Kyiv.World - The Wall Street Journal - November 8 -
Tech investor Xavier Niel urges Europe’s AI start-ups not to cash out
French billionaire warns that if region misses AI boom it will be ‘a very small continent abandoned for a few generations’Business - Financial Times - 4 days ago -
It's 'liquidity, stupid': VCs say tech investing is tough amid IPO lull and 'nuts' AI hype
Venture capitalists at Web Summit say the hunt for liquidity is getting harder, despite "nuts" funding rounds for AI firms like OpenAI.Business - CNBC - November 14 -
European tech CEOs urge 'Europe-first' mentality to counter U.S. dominance after Trump victory
Tech CEOs in Europe are urging the region to take bolder actions to tackle Big Tech's dominance and counter reliance on the U.S. after Donald Trump's presidential election win.Business - CNBC - 3 days ago -
The reality of Europe’s fears about Trump depends more on us than him
If European leaders live up to their part of the Nato bargain, the US administration will tooBusiness - Financial Times - November 9 -
Nvidia CEO touts India’s progress with sovereign AI and over 100K AI developers trained
Nvidia CEO Jensen Huang noted India’s progress in its AI journey in a conversation at the Nvidia AI Summit in India. India now has more than 2,000 Nvidia Inception AI companies and more than ...Tech - VentureBeat - October 24 -
How AI regulation in California, Colorado and beyond could threaten U.S. tech dominance
California's recently vetoed state bill on safe and secure artificial intelligence systems could put the state's status as a technology hub at risk.Business - CNBC - 6 hours ago -
New Rule Blocks U.S. Investors From Helping China Develop Advanced Military Tech
A rare point of bipartisan agreement backs a Treasury Department regulation to curb and track American investments in AI and technology that could boost a major U.S. rival.Business - Inc. - October 29 -
Ford to cut 4,000 jobs in Europe
Headcount reduction comes as industry faces pressure over EV switch and competition from ChinaBusiness - Financial Times - Yesterday -
Reddit's explosive user growth and AI tools help it soar to its first profit as a public company
Reddit has turned a profit for the first time as a public companyTech - ABC News - October 30 -
Edge data is critical to AI — here’s how Dell is helping enterprises unlock its value
In this age of AI, enterprises need to be able to quickly access and extract value from edge data. Here's how Dell is helping them do it.Tech - VentureBeat - November 12 -
Under Trump, Tech Giants Like Apple and Meta Face a Familiar Uncertainty
Apple, Amazon, Google, Meta and others learned during the last Trump administration to expect the unexpected when it came to Washington scrutiny and support.Business - The New York Times - November 7 -
Which gold investment is best when rates are cut?
Some gold assets are better than others when interest rates are dropping, experts say.Top stories - CBS News - November 4 -
Tech group presses Trump to review AI regulations
A tech lobbying group called on President-elect Trump and his team to ensure the U.S. maintains leadership in the development and deployment of artificial intelligence (AI) as it crafts the ...Politics - The Hill - 6 days ago -
Europe’s Big Tech Hawks Brace for a Post-Biden Future
European ambitions to rein in the US tech giants depend on the outcome of the election—and the fate of antitrust firebrand Lina Khan.Tech - Wired - October 30 -
NATO’s Tech Scouts Are Fortifying Europe for a World With Donald Trump
The new NATO Innovation Fund started as a way to combat flagging US interest. Now, its staff are scouring Europe to find the companies that could give the alliance the edge in the face of war.Tech - Wired - November 14 -
Tech investor Klaus Hommels targets defence start-ups in Europe
Founder of VC firm Lakestar plans to use more than €100mn of his own money in push to build region’s resilienceWorld - Financial Times - 5 days ago -
Thursday Briefing: How Europe Sees the U.S. Election
Plus, the dark side of A.I. companionship apps.World - The New York Times - October 24 -
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US cements rule to limit high-tech investments to China
The Treasury Department cemented a final rule on Monday that limits those in the United States from investing in certain technologies to China that could bolster the nation's military and threaten ...Politics - The Hill - October 28 -
Biden announces $3 billion investment in U.S. ports
President Biden announced a $3 billion investment to reinvigorate ports across the U.S. Mr. Biden spoke from the Port of Baltimore, not far from the site of the Francis Scott Key Bridge collapse.Top stories - CBS News - October 29 -
The New Investment Superpower Outflanking China and the U.S. in Africa
The tiny United Arab Emirates has invested billions in east Africa, where it is now emerging as a significant player, at times muscling out China and annoying the U.S.World - The Wall Street Journal - November 6 -
The couple who took on Google and cost the tech giant £2bn
Shivaun Raff and her husband, Adam, describe their long court battle with technology giant Google.Top stories - BBC News - October 26 -
The Budget Hawk Atop a Tech Giant's $64 Billion Spending Spree
Amy Hood is at the center of Microsoft’s bet-the-company dive into AI.Tech - The Wall Street Journal - November 1 -
Europe's Auto Woes Continue as Michelin, Schaeffler Plan Job Cuts
Michelin and Schaeffler said they plan to close factories and cut thousands of jobs in Europe as car-part suppliers reel from weakness in the automotive sector.Business - The Wall Street Journal - November 5 -
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Ford to Cut 4,000 Jobs in Europe as Electric Vehicle Sales Slow
The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.Business - The New York Times - Yesterday -
Ford to Cut 4,000 Jobs in Europe in Cost-Saving Drive
Ford became the latest carmaker to seek deep cost savings as it grapples with timid demand for electric vehicles and rising competition.Business - The Wall Street Journal - Yesterday -
Saudi Arabia’s wealth fund pivots from international investments
Public Investment Fund will focus more of its financial firepower on domestic projectsBusiness - Financial Times - October 29 -
Microsoft CFO says OpenAI investment will cut into profit this quarter
Microsoft has invested over $13 billion in OpenAI, a bet that's weighing on the company's profitability.Business - CNBC - October 31 -
Gold vs. silver investing: Which is better when interest rates are cut?
Both can be smart investments right now, experts say, but one option could make more sense for your portfolio.Top stories - CBS News - November 5 -
£100 payment to help pensioners with winter fuel cuts
Pensioners affected by cuts to winter fuel support are to get a one-off £100 payment from Stormont.Top stories - BBC News - 2 days ago -
China's Alibaba releases AI search tool for small businesses in Europe and the Americas
Chinese e-commerce giant Alibaba unveiled an artificial intelligence-powered search engine for small businesses in Europe and the Americas to source supplies.Business - CNBC - November 12 -
How Arm could be the unexpected winner of the AI investment boom
Shares in the British chip designer, which is controlled by SoftBank, have trebled in price over the past year. But its ambitions go much furtherBusiness - Financial Times - October 30