Intel and Google expand multi-year partnership on AI infrastructure

Intel and Google have announced a multi-year collaboration to advance artificial intelligence and cloud infrastructure, strengthening a long-standing relationship as demand for high-performance computing continues to grow. Under the agreement, Intel’s Xeon processors will remain a core component of Google Cloud infrastructure. These......

Big Tech workforce stalls despite over 100,000 layoffs since 2022

Employment growth across major US technology companies has slowed sharply since the end of the pandemic hiring surge, even as layoffs continue and investment in artificial intelligence accelerates. An analysis by Business Insider shows that Amazon, Microsoft, Meta, Alphabet, and Apple collectively added nearly one million net employees between......

CoreWeave expands Meta AI cloud deal to $21 billion through 2032

CoreWeave and Meta have expanded their artificial intelligence cloud partnership to an estimated $21 billion, extending their agreement through December 2032 and reinforcing one of the largest infrastructure deals in the AI sector. The announcement, disclosed in a regulatory filing and company statement, confirms that CoreWeave will deliver......

Amazon reports $15 billion AI revenue and eyes chip sales expansion

Amazon disclosed for the first time that its artificial intelligence business has reached an annualized revenue of more than $15 billion within its cloud division, marking a key milestone in the company’s effort to monetize its heavy investments in AI infrastructure. The figure was revealed in the annual letter to shareholders from......

Pentagon shake-up boosts opportunities for smaller AI companies

Small U.S. defense-focused artificial intelligence startups are seeing a surge of attention from military officials and investors following the Pentagon’s split with Anthropic. The move has highlighted the need for the Department of Defense to diversify its AI suppliers and reduce reliance on a single provider. Emerging companies such......

Middle East war splits energy markets into winners and losers

A six-week conflict involving the United States, Israel, and Iran has triggered Asia's worst energy crisis in decades, with surging fuel prices, severe LPG shortages, and widespread economic fallout. A fragile two-week ceasefire announced April 7 offers only tentative relief. Wood Mackenzie's April 6 analysis shows Asia's spot......

US CDC delays report highlighting COVID-19 vaccine benefits

The acting director of the U.S. Centers for Disease Control and Prevention (CDC) has postponed the release of a report demonstrating that COVID-19 vaccines reduced emergency department visits and hospitalizations for healthy adults during the previous winter by approximately 50%, according to the Washington Post. The study, which has not......

Morocco launches digital program to modernize handicrafts sector

Morocco has introduced a national program to accelerate the digital transformation of its handicrafts sector, aiming to improve competitiveness and expand market access for artisans. The initiative was announced in Rabat by Lahcen Essaadi during GITEX Africa 2026 in Marrakech. It forms part of a broader roadmap to modernize the sector and......

France repatriates all gold from United States, secures $15 billion gain

The Bank of France has completed the withdrawal of its remaining gold reserves from the New York Federal Reserve, ending nearly a century of partial overseas storage. Conducted in 26 transactions from July 2025 to January 2026, the operation covered 129 tonnes—about 5 percent of France's total reserves and generated gains of nearly......

Dow Jones surges over 1,300 points on US-Iran ceasefire

U.S. stock markets posted sharp gains Wednesday, their strongest session in a year, after the United States and Iran agreed to a two-week ceasefire. The truce raised hopes of easing an oil shortage that had stalled the economy. The Dow Jones Industrial Average climbed 1,325 points, or 2.85 percent. The S&P 500 rose 2.5 percent, and the......

France calls for Lebanon to be included in ceasefire framework

France has called for Lebanon to be fully included in the scope of the recent ceasefire agreement between United States and Iran, stressing the need for broader regional stability. French Foreign Minister Jean-Noel Barrot emphasized that limiting the ceasefire to a single front would not be sufficient to reduce tensions across the region.......

Arxis aims for multi-billion valuation in US initial public offering

Aerospace components manufacturer Arxis is preparing for a major debut on Wall Street, targeting a valuation of more than $11 billion in its planned initial public offering (IPO) in the United States. The company’s listing comes at a time when defense and aerospace-related firms are attracting increased investor attention. Heightened......

Fedex freight sets growth targets ahead of planned spinoff

FedEx is preparing a major strategic shift as its freight division, FedEx Freight, outlines ambitious growth targets ahead of its planned separation into an independent company. The unit, which specializes in less-than-truckload (LTL) shipping services, has announced medium-term goals that include steady revenue expansion and operating profit......

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