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.