The U.K. and Germany are emerging as key hubs for a new wave of AI defense startups, as Europe scrambles to rearm amid rising geopolitical tensions. Private funding for defense startups across the region has ramped up in recent years, with investors looking to tap into increasing government military budgets, driven by the ongoing Russia-Ukraine…
A slogan related to Artificial Intelligence (AI) is displayed on a screen in Intel pavilion, during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, January 16, 2024. Denis Balibouse | Reuters Big Tech is doubling down on investing billions in India, drawn by its abundance of resources for building data centers,…
Federal Reserve Chair Jerome Powell reacts while speaking during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on Dec. 10, 2025 in Washington, DC. Chip Somodevilla | Getty Images It ended up being a “hawkish cut,” as expected. Still, investors managed to find a few gifts tucked between the…
Shibuya crossing in known to be the world’s busiest pedestrian crossing © Marco Bottigelli | Moment | Getty Images Asia-Pacific markets climbed higher on Thursday, following the Federal Reserve’s third rate cut of the year. The U.S central bank cut the Federal Funds rate by 25 basis points to 3.5%-3.75%, and signalled that it was…
Oracle shares sank 11% in extended trading on Wednesday after the database software maker reported lower quarterly revenue than expected despite booming demand for its artificial intelligence infrastructure. Here’s how the company did in comparison with LSEG consensus: Earnings per share: $2.26 adjusted vs. $1.64 expected Revenue: $16.06 billion vs. $16.21 billion expected With respect…
Nvidia CEO Jensen Huang outside the Capitol, Dec. 3, 2025. Bloomberg | Bloomberg | Getty Images Nvidia on Wednesday responded to a report that the Chinese artificial intelligence startup DeepSeek has been using smuggled Blackwell chips to develop its upcoming model. The U.S. has banned the export of Nvidia’s Blackwell chips, which are considered the…
The Starcloud-1 satellite is launched into space from a SpaceX rocket on November 2, 2025. Courtesy: SpaceX | Starcloud Nvidia-backed startup Starcloud trained an artificial intelligence model from space for the first time, signaling a new era for orbital data centers that could alleviate Earth’s escalating digital infrastructure crisis. Last month, the Washington-based company launched…
The European Union has agreed to a legally binding climate target to cut emissions 90% by 2040, even as it pushes back a planned critical emissions trading scheme. The European Parliament and EU Member States came to a provisional agreement on the target and an amendment of the EU Climate Law on Tuesday night. “Today,…
In this photo illustration, iPhone screens display various social media apps on the screens on February 9, 2025 in Bath, England. Anna Barclay | Getty Images News | Getty Images Australia on Wednesday became the first country to formally bar users under the age of 16 from accessing major social media platforms, a move expected…
Employees stand near an The Amazon Inc. logo is displayed above the reception counter at the company’s campus in Hyderabad, India, on Friday, Sept. 6, 2019. Bloomberg | Bloomberg | Getty Images Amazon on Wednesday committed to investing over $35 billion in India’s cloud and artificial intelligence space by 2030, as hyperscalers race to get…