157 bodies recovered after deadly Nepal landslide
At least 157 people have been killed and hundreds are missing after a massive landslide triggered catastrophic flooding near Nepal’...
French President Emmanuel Macron has announced a €109 billion investment in artificial intelligence, positioning France as a key player in global AI development. Speaking ahead of the Paris AI Summit, he emphasized the need for international regulation to ensure responsible innovation.
France is set to make one of its largest-ever investments in artificial intelligence, with President Emmanuel Macron confirming €109 billion in funding over the coming years. The announcement comes as France seeks to strengthen its AI sector while ensuring ethical and regulatory oversight at a global level.
In an interview at the Grand Palais, Macron compared the initiative to the U.S. government's Stargate project, highlighting that France’s AI ambitions are backed by international investment from the United Arab Emirates, American and Canadian firms, and French corporations. He also revealed that the UAE will construct a super data center as part of the effort.
Beyond financial commitments, Macron addressed the broader impact of AI. He downplayed fears of artificial intelligence replacing humans, instead calling it a tool for optimization. The real challenge, he said, lies in regulating generative AI models, which have rapidly expanded in scale and capability.
Canadian Prime Minister Justin Trudeau, speaking alongside Macron at the Global Partnership on AI meeting, stressed the urgent need for responsible AI development. He pointed to AI’s potential to destabilize democracies through misinformation and underscored the importance of clean energy sources for powering AI systems without hindering climate goals.
Macron echoed this sentiment, arguing that AI "must be regulated globally" rather than in isolated regions. He called on Europe to lead the way but emphasized that cooperation between governments and private companies is essential to prevent misuse.
As discussions continue at the Paris AI Summit, France’s commitment to AI governance and investment signals a major step toward shaping the future of global artificial intelligence policy.
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concerns over potential disruption to regional oil supplies.
Secretary of State Marco Rubio told allied foreign ministers Washington will focus on sanctions and other pressure on Iran “for the time being”, Axios reports. Meanwhile, Iran and Oman have resumed talks on a temporary shipping route through the Strait of Hormuz.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
At least 157 people have been killed and hundreds are missing after a massive landslide triggered catastrophic flooding near Nepal’s Himalayan border with China’s Tibet region.
Russia and Ukraine have exchanged 10 prisoners of war each in Belarus, Moscow's Human Rights Commissioner, Yana Lantratova, has said.
Online fast-fashion retailer Shein is seeking to raise up to $1.77 billion in a Hong Kong IPO after its valuation fell around 70 per cent from its private-market peak four years ago.
Kazakhstan has received a fresh vote of confidence in its economy after S&P Global Ratings upgraded the country’s credit rating, citing stronger public finances, solid reserves and steady economic growth.
AnewZ Business Europe, a new weekday programme, takes viewers inside companies driving growth and innovation across the continent, with Brickken CEO Edwin Mata joining the programme for its first episode with host Chief Global Editor Guy Shone. The show airs every Friday.
Once associated mainly with Muslim-majority countries, Islamic finance has become a global industry. Its assets reached around $5.98 trillion in 2024, according to ICD-LSEG, as more countries explore Shariah-compliant finance.
Fuel restrictions have returned to parts of Moscow and the surrounding region, adding another strain to Russia’s economy as refinery outages and rising imports weigh on the rouble.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment