Israel Gaza war: Latest news from BBC News
<div>Israel Gaza war which started after armed attack by Hamas on 7 October 2023</div>
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Hedge funds upped short AI bets in July, Hazeltree says
<div><img src="https://s.yimg.com/lo/mysterio/api/0A381994344CF8C0AA3A618AE2F427CFCE666576191D74602A6B30FC254A7165/subgraphmysterio/resizefill_w1200_h800;quality_80;format_webp/https:%2F%2Fmedia.zenfs.com%2Fen%2Freuters.com%2Fbb4d394ff0e7e1d362f5c27af95abfff.jpg" style="width: 100%;" /><div>LONDON, Aug 12 (Reuters) - Hedge funds upped short bets on AI-related stocks in July, according to a Wednesday report from data platform Hazeltree, part of a broad shift in the month that saw</div></div>
Kenya bids to become first African nation to host World Athletics Championships
Kenya Bids to Become First African Nation to Host World Athletics Championships
CoreWeave soars after fifth straight quarter of record revenue, raised guide
<div><img src="https://s.yimg.com/cv/apiv2/cv/apiv2/social/images/yahoo-finance-default-logo.png" style="width: 100%;" /><div>Investing.com -- CoreWeave shares jumped more than 15% on Tradegate Tuesday after the cloud-computing company posted its fifth consecutive quarter of record revenue and beat Wall Street estimates, underscoring continued strength in demand for AI computing.</div></div>
Moment Cali hospital collapses after powerful Colombia earthquake
A 7.4 quake in Colombia partially collapsed the Hospital Universitario del Valle in Cali on Monday, forcing patients outside as rescuers search for hundreds feared trapped.
Europe scrambles for eclipse glasses as solar power output set to dip
Shops and opticians across Europe are running short of certified eclipse glasses ahead of Wednesday’s total solar eclipse, with queues forming in Paris, London and Brussels as demand surges.
Stocks Rise as CoreWeave, Super Micro Boost AI Trade
Asian stocks rose and US equity-index futures advanced as CoreWeave reported stronger-than-expected sales growth and Super Micro's revenue forecast topped estimates. Bloomberg's Neil Campling reports.
OCP APAC 2026: Nvidia SVP Shainer on taking CPO to mass production: 'cannot release something just because it's cool'
<div><img src="https://img.digitimes.com/newsshow/20260812vl220_files/4_2b.jpg" style="width: 100%;" /><div>Nvidia's Spectrum-6 co-packaged optics (CPO) switches are in production and shipping, Gilad Shainer, senior vice president of networking at Nvidia, stated at the OCP APAC Summit 2026 — and the manufacturing chain behind them runs heavily through Taiwan.</div></div>
Nvidia reportedly planning trillion-parameter Nemotron 4 in open-source push
<div><img src="https://img.digitimes.com/newsshow/20260812vl221_files/1_2b.jpg" style="width: 100%;" /><div>Nvidia is intensifying its open-source strategy through its upcoming trillion-parameter model in the Nemotron 4 family, which is meant to compete with the world's leading open-source models, according to . While this may put it in the awkward position of vying against its customers, the chipmaker's advocacy for open-source AI could see the company benefit from more chip sales across the board.</div></div>
Foxconn posts quarterly profit surge on AI server demand
<div><img src="https://s.yimg.com/lo/mysterio/api/F8451BFC1F6EACCEDC16BAD4F8CB9946BDEB52908F78B2128FC3E6A3DE578225/subgraphmysterio/resizefill_w1200_h742;quality_80;format_webp/https:%2F%2Fmedia.zenfs.com%2Fen%2Fafp.com%2Fd7040ed040d0598929e527452994196c.jpg" style="width: 100%;" /><div>Taiwanese tech hardware titan Foxconn reported on Wednesday a forecast-busting second quarter net profit, as exploding demand for artificial intelligence servers needed in data centres powered the company's growth.This has turbocharged business for Foxconn, which makes the servers used in the data centres.tpj/amj/fox</div></div>
Cerebras Set to Report Earnings as AI Chips Enter a New Era
<div><img src="https://images.barrons.com/im-27251103/social" style="width: 100%;" /><div>Cerebras Systems stock has had a wild ride in a crowded field. But its Wafer-Scale Engine shows promise as AI enters a new era.</div></div>
US Senate votes to extend AGOA trade programme for 32 African nations
The United States Senate has approved a two-year extension of the African Growth and Opportunity Act, maintaining duty-free access on more than 1,800 products from eligible countries.
Tesla FSD faces key EU review over regulations and transparency
<div><img src="https://img.digitimes.com/newsshow/20260812pd219_files/2_2b.jpg" style="width: 100%;" /><div>Tesla's Full Self-Driving (FSD) system has entered a critical stage in seeking European Union (EU) market approval, but the review has shifted from a technical issue into a broader European policy debate.</div></div>
OCP APAC 2026: Microsoft leans on Taiwan supply chain for 'silicon-to-systems' AI buildout
<div><img src="https://img.digitimes.com/newsshow/20260812vl217_files/2_2b.jpg" style="width: 100%;" /><div>Microsoft sources roughly 70% of the hardware content in its cloud infrastructure from Taiwan and the wider Asia-Pacific region, executives said at the OCP APAC 2026 summit here. The company is shifting from buying discrete components to co-designing entire AI systems from the silicon up.</div></div>
Don’t Mourn the Fed Put. Make This Trade Before Jackson Hole Instead.
<div><img src="https://images.barrons.com/im-64990432/social" style="width: 100%;" /><div>Buying call options that expire soon after the central bank’s late-August symposium is a simple bet that stock prices will keep rising.</div></div>
At least 14 artisanal miners killed after illegal mine collapses
At least 14 artisanal miners were killed and eight others injured when the walls of an illegal mine collapsed in on them, South African police said on Tuesday.
Japan’s Turing plans U.S. expansion, $10 bln valuation in potential IPO
<div><img src="https://content-media.investing.com/news/LYNXNPEC5T0GI_L.jpg" style="width: 100%;" /><div>Japan’s Turing plans U.S. expansion, $10 bln valuation in potential IPO - WSJ</div></div>
M3 shares surge after Oasis Management discloses 5% stake
<div><img src="https://content-media.investing.com/news/news_arrow_up_2_800x533_L_1414401475.jpg" style="width: 100%;" /><div>M3 shares surge after Oasis Management discloses 5% stake</div></div>
Sanrio shares plunge as quarterly profit underwhelms
<div><img src="https://content-media.investing.com/news/LYNXMPEA620A7_L.jpg" style="width: 100%;" /><div>Sanrio shares plunge as quarterly profit underwhelms</div></div>
Detroit knows China’s eating its EV lunch but can’t change course
One of the things that surprised this tourist in Oslo last February was the vast number of electric vehicles. EVs were everywhere. Every taxi I rode in was electric. I shouldn’t have been surprised. Norway has long been a leader in adopting electric cars. Last year, encouraged by government subsidies, EVs accounted for 95.9% of […]The post Detroit knows China’s eating its EV lunch but can’t change course appeared first on Asia Times.