The US and China both move to tighten control over advanced AI model access, Meta commits $9.1B to its first Canadian AI data center, SK Hynix's $28B Nasdaq listing draws 7x demand, IMF upgrades South Korea's growth outlook, and AI stocks steady Wall Street even as Iran strikes intensify.
OPEC+ raises oil output as crude falls below $72, SK Hynix sets terms for a $28.1 billion U.S. IPO, Canada weighs bids from Germany and South Korea for submarines, and a Chinese missile test rattles Pacific security, setting the tone for markets and geopolitics this week.
Meta targets September production for its "Iris" AI chip, Apollo outbids Castlelake with a $7.65B EasyJet offer, UNESCO warns 113 countries spend more on debt than education, Hormuz traffic nears a standstill after a Qatari LNG carrier is struck, and Disney's Bowen takes over as FuboTV CEO.
Meta targets September production for its "Iris" AI chip, Apollo outbids Castlelake with a $7.65B EasyJet offer, UNESCO warns 113 countries spend more on debt than education, Hormuz traffic nears a standstill after a Qatari LNG carrier is struck, and Disney's Bowen takes over as FuboTV CEO.
The US and China both move to tighten control over advanced AI model access, Meta commits $9.1B to its first Canadian AI data center, SK Hynix's $28B Nasdaq listing draws 7x demand, IMF upgrades South Korea's growth outlook, and AI stocks steady Wall Street even as Iran strikes intensify.
OPEC+ raises oil output as crude falls below $72, SK Hynix sets terms for a $28.1 billion U.S. IPO, Canada weighs bids from Germany and South Korea for submarines, and a Chinese missile test rattles Pacific security, setting the tone for markets and geopolitics this week.
