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Europe risks leaving itself vulnerable if it relies on artificial intelligence models developed elsewhere, according to European Central Bank President Christine Lagarde.
Turkish defense contractor Aselsan Elektronik Sanayi ve Ticaret AS extended gains after a “buy” recommendation from BofA Securities Inc.
Nidec Corp. shares plummeted as much as 20% in Tokyo after the Japanese motor maker’s auditor declined to give an opinion on its long-awaited financial statements, fueling caution over the outlook for the scandal-hit company.
Hewlett Packard Enterprise Co. won a $1.2 billion order to provide Advanced Micro Devices Inc. server racks with HPE networking gear to cloud company Vultr.
Glencore Plc and Yancoal Australia Ltd. have received approval for a major expansion of their jointly owned coal mines in the Hunter Valley region of eastern Australia that enables operations to continue until 2045.
Bloom Energy Corp. Chief Executive Officer KR Sridhar says he’s confident that “speed bumps” in the buildout of artificial-intelligence infrastructure won’t hurt the company’s growth plans.
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