Azerbaijan summons Russian envoy over Yekaterinburg attacks
Azerbaijan has summoned Russia’s envoy in Baku to protest the deadly raids targeting Azerbaijani nationals in Yekaterinburg, demanding a full investigation and accountability.
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.
Iran launched 18 ballistic missiles late Sunday targeting the U.S. military’s Al-Udeid Air Base in Qatar, the largest American installation in the Middle East.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
The U.S. Embassy in Qatar has advised American citizens to shelter in place amid rising tensions between Israel and Iran, as part of a broader global security alert issued by Washington.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
The US stock market closed at record highs Friday, with both the S&P 500 and Nasdaq rebounding from late-session losses triggered by trade tensions with Canada.
The European Commission has warned Meta that it may face daily fines starting 27 June if its modified pay-or-consent advertising model fails to meet EU antitrust requirements under the Digital Markets Act.
Nike plans to reduce its reliance on China for U.S.-bound products to offset the financial blow from President Donald Trump’s new tariffs, as the sportswear giant posted better-than-expected fourth-quarter results and a milder revenue forecast.
Nike is stepping back from China-based production for its U.S. market to dodge tariff-related costs, aiming to shift its sourcing strategy by 2026.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
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