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SoftBank Group, a global tech behemoth, has unveiled ambitious plans to inject up to €75 billion (approximately $87 billion) into France, a move set to dramatically expand the nation’s data center capacity and solidify its position in the burgeoning artificial intelligence (AI) landscape. This monumental investment underscores the escalating global race for AI dominance and the critical infrastructure required to power it. **Key Takeaways:** * **Massive AI Infrastructure Boost:** SoftBank plans to deploy up to €75 billion, targeting 5 gigawatts of new data center capacity in France, primarily to support AI workloads, marking its largest AI infrastructure investment in Europe.…
Stay informed with free updatesSimply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Key Takeaways **SoftBank’s Strategic Pivot to AI Infrastructure:** Masayoshi Son’s group is making a definitive shift from venture capital to foundational AI compute, committing vast capital to build global data centre networks, underscoring a belief that owning the ‘mines’ of the AI gold rush is critical for long-term value. **France’s Ambition for European AI Hub:** Bolstered by abundant nuclear power and proactive governmental support, France is positioning itself as Europe’s leading destination for large-scale AI infrastructure investment, aiming to bridge the…
The drumbeat for the 2026 World Cup is no longer a distant echo; it’s a thunderous roar. And as the final, frantic countdown begins, tournament co-hosts USA faced a monumental litmus test on Sunday night, welcoming African heavyweights Senegal to a pulsating Bank of America Stadium in Charlotte. This wasn’t just another friendly; it was a high-stakes dress rehearsal, a clash of titans designed to expose vulnerabilities and forge championship mettle. For Mauricio Pochettino’s USMNT, the pressure cooker on home soil is simmering dangerously close to boiling point. A thoroughly disappointing March window saw the Americans stumble to successive home…
Key Takeaways: Snap Alumni Powerhouse: A collective of 20 former Snap leaders and employees have launched Ghost Angels, an angel fund dedicated to backing the next generation of social media and consumer AI startups. Redefining Social & Media: Ghost Angels’ investment thesis hinges on the splitting of “social” and “media,” leveraging AI to foster authentic human connections and democratize creative content generation. Experienced Guidance & Capital: The fund combines capital with deep industry expertise from Snap’s pioneering era, offering pre-seed to seed stage founders unparalleled mentorship and strategic insights, with plans to invest in 15 more companies within a year.…
ANTALYA, Turkey – The Iran men’s national soccer team is continuing its preparations for the upcoming World Cup amidst a complex geopolitical backdrop, with the United States, a co-host nation, involved in ongoing military conflict with Iran. The team, currently training at a luxury resort on Turkey’s southwestern coast, faces unprecedented challenges regarding its participation in the tournament, scheduled to begin in less than two weeks.Team Melli, as the squad is known, is one of 48 teams qualified for the World Cup, which is co-hosted by the United States, Mexico, and Canada. However, its presence is subject to intense scrutiny…
The final whistle blew, and with it, a symphony of contrasting emotions erupted across Budapest. For Arsenal, a dream shattered into a million agonising pieces; for Paris Saint-Germain, the sweet, intoxicating taste of a dynasty reaffirmed. The UEFA Champions League final delivered a brutal masterclass in the fine margins of football, culminating in a penalty shootout that saw PSG retain their crown, leaving Arsenal’s players crumpled on the pitch, their double-winning season ending in the cruellest possible fashion. Gabriel’s final penalty, a rocket launched over the crossbar, was the moment etched into history, sealing a 4-3 victory on spot kicks…
Key Takeaways Strategic Brand Transformation & Market Risk: Ferrari’s fully electric “Luce” marks a high-stakes pivot into the EV market, risking alienation of traditionalists for the sake of future relevance and growth. This move is a critical test of whether the iconic brand can successfully adapt to technological disruption while preserving its core identity and premium valuation. Leadership Scrutiny & Governance Concerns: Executive Chair John Elkann’s stewardship of Ferrari and the broader Agnelli family holding company, Exor, is under intense scrutiny. The “Luce” controversy amplifies broader market concerns regarding strategic asset reallocation and the perceived detachment of Italian industrial giants…
The United States Air Force has initiated the process of returning its T-38 Talon trainer jet fleet to operational service, with the first aircraft anticipated to resume flights within days. This follows a comprehensive, fleet-wide operational pause enacted after a T-38 crash in Alabama on May 12. The grounding of the entire T-38 fleet was formally announced on May 19. The incident prompting this measure involved a routine training mission, during which both pilots aboard the T-38 successfully ejected and sustained no serious injuries. In the immediate aftermath, the Air Force described the grounding as an “operational pause” implemented “out…
The air in Budapest was thick with anticipation, a symphony of hopes and fears echoing around the Puskás Aréna. This wasn’t just another game; it was the UEFA Champions League final – the pinnacle of European club football. Arsenal, chasing their elusive first Champions League crown, stood opposite Paris Saint-Germain, the reigning champions, intent on defending their continental dominion. The stage was set for a titanic clash, but few could have predicted the seismic impact of the opening exchanges. Six minutes. That’s all it took for Mikel Arteta’s calculated gamble to erupt into a blaze of glory. Kai Havertz, the…
The golden age of Microsoft’s Github Copilot appears to be at an end — for the little guy, at least. The company is switching its billing system from a flat subscription rate to a token-usage system that has the potential to bill users at a significantly higher rate. Bigger enterprises may still have the juice for it, but smaller companies and workers could find themselves wondering how they’re supposed to balance the monthly budget. The changes, which will take place June 1, mean that users will charged based on how many tokens they burn through as they work instead of…