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...The deal has required negotiation with the Biden administration, amid concern from US lawmakers about G42’s links to China including whether the data of American citizens could be passed to the Chinese government...
...Biden made no mention of Nippon’s business in China, however, focusing instead on the need to retain American jobs....
...It said it would increase capital spending in support of the technology behind chatbots and smart assistants....
...Quick links BHP has made a $39bn bid for Anglo American. Aside from securing copper tonnes on the cheap, Lex can’t see many benefits....
...The industry’s big claims for the technology behind ChatGPT have spurred massive spending on the infrastructure required to generate text, images or video....
...In May 2023 the company was targeted with sanctions from China’s Cyberspace Administration, which banned crucial infrastructure operators from using its chips on security grounds....
...The money to be ploughed into the port infrastructure would support Paceco Corp, a US subsidiary of the Japanese company Mitsui, to produce domestic cargo cranes, the White House said on Wednesday....
...Deutsche Bank has appointed Michael Hufton to be co-head of its infrastructure and utilities unit for the Asia-Pacific region, according to Bloomberg....
...He said the wider debate that regulators would eventually focus on is whether the infrastructure to train and develop AI models is broadly available to companies that do not own data centres and cloud infrastructure...
...Military spending also rose in certain Latin American countries, such as the Dominican Republic, as governments there reacted to the rising might of criminal gangs....
...A unit of UnitedHealth, the gigantic American conglomerate, suffered a ransomware attack, preventing the insurance payments. Thankfully, her operation eventually took place....
...Madrid is more orientated to the internal and Latin American market and has a smaller international business population....
...Andreessen has also raised $600mn each for funds focused on gaming and its “American Dynamism” strategy, which backs US start-ups in aerospace, defence and manufacturing in the national interest....
...“It is not going to be about who has the best model but who has the best infrastructure and platform-play with access to the consumer,” Kak says....
...Microsoft will provide Figure access to the AI infrastructure, training and storage services of its cloud computing platform Azure....
...Meanwhile, the company was “pivoting” to an “AI-first” workforce rather than hiring large numbers of people to focus on the technology, she added....
...The world’s biggest technology companies have substantially increased their use of water to cool down data centres, sparking concerns over the environmental impact of the generative artificial intelligence...
...While Elliott is known for its hardball tactics with creditors — for instance seizing an Argentine naval vessel during a protracted tussle with the Latin American nation — British water company legislation...
...The technology Ding allegedly stole involved the “building blocks” of Google’s AI infrastructure, prosecutors said....
...A weaker commitment to Nato could damp American defence exports while European governments, already under pressure to spend more on defence and bolster their own capabilities, would have to ensure more of...
...The Florida-based business also plans to launch Truth+, which will provide what it called “non woke” entertainment to the American public....
...He said the US recently disrupted a Chinese hacking network known as Volt Typhoon that targeted American infrastructure including the electricity grid and water supply, and other targets around the world...
...The Japanese steelmaker has said it will pump investment into US Steel and update its technology....
...Microsoft is OpenAI’s biggest backer after committing up to $13bn to fuel the company’s growth and provide the huge technical infrastructure needed to create its AI models....
...China has issued guidelines seeking to ensure the technology does not challenge its long-standing censorship regime. Raimondo said AI was “the defining technology of our generation”....
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