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Audio of this article is brought to you by the Air & Space Forces Association, honoring and supporting our Airmen, Guardians, and their families. Find out more at afa.org The Pentagon’s estimated cost for ongoing military operations related to the Iran conflict has escalated to $37.5 billion, Defense Secretary Pete Hegseth informed a congressional committee on July 21. Secretary Hegseth cautioned that without an emergency supplemental funding package, the U.S. military would be compelled to “curtail” training programs to cover these mounting expenses. Secretary Hegseth, accompanied by Chairman of the Joint Chiefs of Staff Gen. Dan Caine, appeared before the…

Ninety-six years after they were first held, the Commonwealth Games are taking place in Glasgow for a second time this summer. But this isn’t just a repeat – it’s a re-imagining, a dynamic showcase of athletic prowess, human spirit, and the enduring power of the “Friendly Games.” From the moment the torch ignites, Glasgow 2026 promises to deliver an unforgettable spectacle, uniting 74 nations and territories in a vibrant celebration of sport. The anticipation is palpable, fueled by the star power set to descend upon Scotland’s largest city. Mile world-record holder **Josh Kerr** isn’t just taking part; he’s poised to…

Audio of this article is brought to you by the Air & Space Forces Association, honoring and supporting our Airmen, Guardians, and their families. Find out more at afa.org The United States Air Force is actively seeking proposals for a new “ground-based launcher” system, signaling a significant escalation in its efforts to enhance the defense capabilities of its air bases against evolving aerial threats. This initiative comes as military installations worldwide face increasing vulnerabilities from advanced cruise missiles and, particularly, the proliferation of unmanned aircraft systems (UAS), commonly known as drones. On July 17, the Command, Control, Communications, and Battle…

Mobileye founder and CEO Amnon Shashua plans to step down from the top leadership post after nearly three decades, just as the company pushes into robotaxis and humanoid robots. **Key Takeaways:** * **End of an Era:** Mobileye founder Amnon Shashua is stepping down, marking a significant leadership transition after nearly 30 years at the helm of the pioneering automotive vision company. * **Strategic Diversification:** Shashua’s departure comes as Mobileye aggressively expands beyond its traditional role as a chip supplier into full-stack autonomous driving systems, robotaxi operations, and even humanoid robotics. * **Pivotal Growth Phase:** The next CEO will inherit a…

**Global Oil Markets Face Conflicting Signals Amid Geopolitical Tensions** The immediate trajectory for international oil prices appears challenging, driven by a confluence of escalating geopolitical tensions and supply concerns. Recent developments include statements from President Trump pledging potential attacks on infrastructure in response to alleged Iranian actions in the Strait of Hormuz. Concurrently, the Iranian-backed Houthi militia in Yemen has announced a blockade of the Red Sea, aiming to disrupt Saudi Arabian oil exports. Furthermore, domestic oil reserves have reportedly declined to their lowest levels since the early 1980s, adding to supply anxieties. In light of these factors, international oil…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Key Takeaways: AI Fuels Intel’s Turnaround: Strong demand for AI data centre chips drove Intel’s fastest revenue growth in 15 years, signaling a potential inflection point for the chipmaker’s ambitious comeback strategy. Strategic Manufacturing Investment: Increased capital expenditure and robust foundry services revenue underscore Intel’s commitment to its IDM 2.0 strategy, positioning it as a critical player in the global semiconductor supply chain beyond just design. Navigating a Complex Landscape: Despite a headline GAAP loss due to investment volatility and ongoing…

The echoes of past glories, the specter of recent defeats, and the tantalizing promise of an undisputed heavyweight clash hang heavy in the Saudi Arabian air. Anthony Joshua, the colossal figure known universally as AJ, doesn’t just talk about conquering the ring anymore – he’s aiming higher. “My goal is to conquer the universe,” he declared, a statement that speaks volumes about the renewed ambition burning within the Londoner as he gears up for his latest comeback fight this Saturday. But before the universe, before the seismic showdown with fellow Briton and arch-rival Tyson Fury, AJ must first conquer Earth…

Key Takeaways Gemini’s Explosive Growth: Google’s AI assistant, Gemini, has reached 950 million monthly active users, tripling its user base in the last year and rapidly closing in on the 1 billion user milestone previously achieved by OpenAI’s ChatGPT. Intensifying AI Assistant Race: With Gemini’s market share rising to 27.7% and ChatGPT’s falling below 50% for the first time, the competition in the generative AI assistant space is heating up, signaling a more diversified market. AI Reinforcing Search: Despite the rise of AI assistants as search alternatives, Google reports its core search business is strengthening due to AI-centric overhauls, driving…

Scottish Secretary Affirms Government’s Commitment to Clyde Shipbuilding During BAE Systems Visit Glasgow, Scotland – Douglas Alexander, the newly reappointed Scottish Secretary, visited BAE Systems’ shipbuilding facilities in Glasgow today, affirming the new Prime Minister Andy Burnham’s commitment to the future of shipbuilding on the River Clyde. The visit, as stated by the Scotland Office, underscored the UK Government’s ongoing investment in the defence sector and its impact on skilled employment across Scotland. During his visit, Mr. Alexander engaged with apprentices, staff, and management at the BAE Systems yards. Discussions focused on how significant UK Government investment continues to support…

Key Takeaways: Expanded Model Flexibility: Anthropic’s Claude voice mode now allows users to select between Opus, Sonnet, and Haiku models, offering a range of capabilities from rapid responses to complex reasoning, a significant upgrade from the previous Haiku-only restriction. Unparalleled App Integration: A standout feature is Claude’s new ability to tap into external applications like Gmail, Google Calendar, Slack, Canva, and Notion, enabling direct task execution through voice commands and positioning it ahead of rivals like OpenAI in this specific functionality. Enhanced Conversational Depth & Global Reach: The update supports longer, more intricate discussions for professional tasks and introduces beta…