The News The Gulf’s largest sovereign wealth funds more than quadrupled their private credit exposure between 2021 and 2025 — to $80 billion — with investment accelerating over the past two years, according to data from Global SWF. That puts them at the forefront of an asset class that is ...
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EU faces ‘stagflation’ over war, economy official warnsEU faces ‘stagflation’ over war, economy official warns
The EU will be hit by a “stagflationary shock” despite the US and Iran agreeing to a two-week ceasefire, the bloc’s economy commissioner warned. The Middle East conflict has exposed Europe’s vulnerability: The continent imports most of its energy, while commercial shipments have also been upended by disruptions to global ...
China reportedly pressed Iran to accept truceChina reportedly pressed Iran to accept truce
China reportedly played a behind-the-scenes role in pushing for the US-Israel-Iran ceasefire. Beijing used its influence to press Tehran to accept the truce at the 11th hour, The New York Times reported. At the start of the war, analysts argued China would be happy to see the US drawn into ...
US stocks rally in familiar patternUS stocks rally in familiar pattern
US stocks soared Wednesday on investors’ relief over a tenuous Iran ceasefire. The Dow had its best day since April 2025, while the US crude benchmark posted its largest drop since 2020. The pattern is now familiar to investors, CNBC wrote: Escalation drives market unease, pressure rises, and de-escalation causes ...
The US Army is developing its own chatbotThe US Army is developing its own chatbot
The US Army is building its own chatbot for soldiers, the latest sign of the Pentagon’s embrace of AI. VictorBot can offer troops answers to questions like how to configure electromagnetic warfare systems for a mission, WIRED reported. The model is trained on internal information gleaned from ongoing conflicts in ...
Anthropic says Mythos model too powerful for releaseAnthropic says Mythos model too powerful for release
AI startup Anthropic said it created a model that is too powerful to be released to the public. Mythos exposed thousands of software vulnerabilities in common applications for which no fix exists, according to Anthropic, which instead shared a version of the software with certain companies to bolster defenses against ...
Anthropic’s Mythos won’t solve the cybersecurity crisisAnthropic’s Mythos won’t solve the cybersecurity crisis
Anthropic says its new AI model, Mythos, is so powerful and so good at coding that it can’t be released publicly. Instead, Anthropic launched Project Glasswing, an effort to share the software with certain companies to bolster cyber defenses before inevitable attacks cripple the world. The situation is almost reminiscent ...
Microsoft says AI voice command needs more workMicrosoft says AI voice command needs more work
AI power users are increasingly controlling their agents via voice commands, but there’s still a lot of work to be done to get computers to understand us. Voice is our most natural form of daily communication, and the transition from keyboards and mice to conversation is profound. But it’s not ...
Data-center proponents targeted by shooterData-center proponents targeted by shooter
A person fired 13 shots at the home of an Indianapolis city councillor days after he advocated for data center construction at a local meeting. The council member was unharmed but the shooter left a chilling note in a Ziploc bag on his doorstep: “No Data Centers.” While police say ...
AI research foundation releases test that will warn when AGI arrivesAI research foundation releases test that will warn when AGI arrives
A respected AI research foundation released a new benchmarking test which, it said, will warn when true artificial general intelligence arrives. Frontier AIs pass existing benchmarks easily — but they test knowledge more than reasoning, a comparatively easy task for AIs trained on vast amounts of text, according to researcher ...