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Wednesday, March 19, 2025

Technology

China launches $138 billion fund to accelerate innovation in AI, chips and quantum tech

China is launching a 1 trillion yuan ($138 billion) government-backed fund to support its rapidly advancing technology sector.

Taiwanese chip giant TSMC to invest $100 billion in US

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest chipmaker, has announced a major investment of $100 billion to expand its manufacturing capabilities in the United States.

France and UAE to invest billions in Europe’s largest 1GW AI data center project

France and UAE have announced a landmark partnership to invest billions of dollars into the development of Europe's largest 1GW AI data center.

Chinese AI startup DeepSeek outperforms OpenAI and Meta, stuns tech world

A Chinese AI company that rivals ChatGPT, is gaining attention in Silicon Valley with its rapid rise, nearly outperforming leading American AI companies like OpenAI and Meta.

OpenAI, SoftBank and Oracle to invest $500 billion in AI infrastructure project in US

American President Donald Trump revealed a new partnership involving OpenAI, Oracle, and SoftBank, which aims to invest up to $500 billion in infrastructure projects related to artificial intelligence.

Blue Origin’s New Glenn mega-rocket reaches orbit in historic first launch

Blue Origin’s colossal New Glenn rocket successfully launched into orbit, marking the first mission for Jeff Bezos’ space company as it eyes competition with SpaceX in the satellite launch market.

Honda 0 Series EVs and Sony and Honda’s Afeela EV unveiled at CES 2025

Honda showcased its latest EV, the 0 SUV, at Consumer Electronics Show (CES) 2025 on January 7, marking the second model in its 0 Series lineup after the 0 Saloon introduced last year. The battery-electric Honda Zero prototypes are the...

China proposes export restrictions on key battery and critical mineral technologies

China’s Ministry of Commerce proposed export restrictions on technology crucial for processing critical minerals such as lithium and gallium, according to a notice released by the ministry on January 2, inviting public feedback on these measures. The The Chinese government...

EU launches €10 billion space program to rival Elon Musk’s Starlink

The European Union, unveiled an ambitious €10.6 billion ($11.13 billion) space program, IRIS², which will deploy a constellation of 290 satellites, providing a commercial alternative to rival Starlink of Elon Musk.

Oman Investment Authority acquires stake in Elon Musk’s xAI

The Oman Investment Authority (OIA) has announced a strategic investment in xAI, the artificial intelligence company founded by Elon Musk.

Latest News

Israel breaks Gaza ceasefire and kills more than 400 Palestinians in deadly strikes

Gaza has witnessed its deadliest day since November 2023, with over 400 Palestinians killed in a devastating wave of airstrikes launched by Israel.