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 - 6 hours ago

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 generations

Business - MarketWatch - October 26

U.S. to Curb AI Investment in China Soon

Some technologies and financial commitments will be blocked, based on President Biden’s 2023 executive order to keep American expertise from helping the Chinese military.

Business - Inc. - October 22

Tech giants press Congress to codify AI Safety Institute

A coalition of more than 60 tech companies and industry groups, including Amazon, Anthropic, Google, Meta, Microsoft and OpenAI, urged congressional leaders Tuesday to pass legislation permanently ...

Politics - The Hill - October 22

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 - 6 days ago

U.S. proposals to curb AI, semiconductor investment into China under final review

The proposals are part of the Joe Biden administration's efforts to restrict the flow of U.S. capital, technology and expertise into China.

Business - CNBC - October 22

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 - 11 hours ago

Small but mighty: H2O.ai’s new AI models challenge tech giants in document analysis

H2O.ai has released efficient vision-language models for document AI, challenging tech giants with superior performance in OCR and text recognition tasks.

Tech - VentureBeat - October 18

Why U.S. Economic Health Depends on Wealthy Consumers

Affluent Americans are driving retail spending, which could sustain healthy growth for the next year.

Business - Inc. - October 18

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 too

Business - Financial Times - 5 days ago

Why Big Tech is turning to nuclear to power its energy-intensive AI ambitions

Large tech firms are turning to alternative power sources like nuclear as a way to fulfill growing energy demands from data centers.

Business - CNBC - October 16

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

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

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 company

Tech - 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 - 2 days ago

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.

German space chief defends Europe investment model against Draghi’s proposal

Former Italian PM recommended abolishing ‘georeturn’ principle in report to European Commission

World - Financial Times - October 16

Blackstone plans to list some of its largest investments

Sluggish asset sales hit third-quarter profits at world’s biggest private capital group

Business - Financial Times - October 17

SAP overtakes ASML to become Europe’s most valuable tech company

SAP has overtaken ASML to become Europe’s most valuable technology company after a strong set of third-quarter results that saw the German software company lift its full-year outlook.

Business - MarketWatch - October 22

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 - 10 hours 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

Apple CEO Reaffirms Commitment to China Investment in Meeting with Tech Minister

World - Yahoo News - October 23

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.

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.

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

Saudi Arabia’s wealth fund pivots from international investments

Public Investment Fund will focus more of its financial firepower on domestic projects

Business - 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.

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 - 2 days ago

German president urges US to remember its ‘indispensable’ alliance with Europe

Frank-Walter Steinmeier speaks out as fears over potential Donald Trump second term haunt Joe Biden’s visit to Berlin

World - Financial Times - October 18

Europe should take a digital leap across its innovation gap

The US is enjoying a virtuous cycle, while the EU is caught in a mid-tech trap

World - Financial Times - October 20

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