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The dominance of the United States and China in artificial intelligence (AI) and large language model (LLMs) technologies has raised sovereign concerns about other nations’ domestic AI capabilities. In response, “Sovereign AI”—a concept referring to a country’s capacity for developing and operating AI systems—has emerged as a global policy priority. Indigenous AI technologies are seen as critical as they increasingly shape modern lives. Domestic foundation AI models can perform with a deeper understanding of a country’s linguistics and cultural nuances, while also reducing reliance on foreign technologies. Despite its robust economy and a strong R&D foundation, Japan is no…
LONDON — European stocks were mixed on Wednesday as investors assessed the latest trade news, corporate earnings and inflation data.The pan-European Stoxx 600 index was 0.02% higher by 3:30 p.m. (10:30 a.m. ET) in London, losing most of its earlier gains. Germany’s DAX slipped 0.3% while France’s CAC 40 was 0.25% higher, even with the country facing widespread protests as its new prime minister was sworn in.The muted performance came despite strong gains on Wall Street, with the S&P 500 index at a record high, after a softer-than-expected inflation print cemented expectations for the Federal Reserve to resume interest rate…
Efforts to expand retail investors’ access to private markets in Europe took a significant step forward this week with the launch of a new investment vehicle, but concerns remain about growing exposure to the relatively risky assets. Investment platform Hargreaves Lansdown on Monday announced a partnership with Schroders Capital that will allow British investors with self-invested personal pensions (SIPPs) access to two of its globally-diversified Long-Term Asset Funds (LTAFs), providing exposure to alternative assets including private markets. One will focus on small- to mid-sized companies, while the other will provide exposure to energy infrastructure. Emma Wall, head of platform investments at…
United States coach Mauricio Pochettino defended his players and said criticism of the team should be directed at him and not his roster after Tuesday’s 2-0 victory over Japan at Lower.com Field in Columbus, Ohio.”I prefer that the people criticize me, but don’t touch the player,” Pochettino said. “I hope in the future, criticize me, criticize me, but let the player play free, go and perform.”Guided by goals from Alejandro Zendejas and Folarin Balogun, the friendly victory represented a turnaround for the manager who was coming off back-to-back defeats after Saturday’s loss to South Korea and a loss to Mexico…
BRISBANE, Australia (AP) — With concussion-related injuries among professional athletes often taking an unwanted spotlight, researchers in Australia are asking for help to study the impacts of potential long-term brain injuries to the younger generation — one contact sport at a time.High-profile news about concussions is almost a weekly occurence Down Under. Among those is 22-year-old rugby flyhalf Tom Lynagh, whose third concussion of the year resulted in him missing several games for Australia’s national team. Or outside of the main contact sports, 27-year-old Australian cricketer Will Pucovski, who retired in April after sustaining an estimated 13 concusions in his…
Goals from Alejandro Zendejas and Folarin Balogun led the United States men’s national team to a 2-0 victory over Japan in a friendly at Columbus, Ohio’s Lower.com Field on Tuesday.Following Saturday’s 2-0 loss to South Korea, the USMNT quickly bounced back with a more proactive attack through an experimental 3-4-3 formation. In a first half that included 63% possession, the home side created danger through high-pressing fullbacks Max Arfsten and Alex Freeman. After a clever dribble from Arfsten in the 30th minute, the 24-year-old launched a cross that found Zendejas, who impressively volleyed the ball into the back of the…
DONETSK REGION, Ukraine (AP) — With the Russian advance deeper into the Donetsk region, the air in Ukraine’s last strongholds is thick with dread and the future for civilians who remain grows ever more uncertain.In Kostiantynivka, once home to 67,000 people, there is no steady supply of power, water or gas. Shelling intensifies, drones fill the skies and the city has become unbearable, driving out the last remaining civilians.Kramatorsk, by contrast, still shows signs of life. Just 25 kilometers (15 miles) to the north, the prewar population of 147,000 has thinned, but restaurants and cafes remain open. The streets are…
WARSAW, Poland (AP) — Poland said early Wednesday that multiple Russian drones entered and were shot down over its territory with help from NATO allies, describing the incident as an “act of aggression” carried out during a wave of Russian strikes on Ukraine. Several European leaders said they believed Russia was intentionally escalating the war, and NATO was discussing the incident in a meeting. It came three days after Russia’s largest aerial attack on Ukraine since the war began, an attack that for the first time hit a key government building in Kyiv. Polish Prime Minister Donald Tusk holds an…
TOKYO (AP) — Japan’s National Stadium was fan-less four years ago during the pandemic-delayed Tokyo Olympics; zero atmosphere in the $1.4 billion, 60,000-seat venue for the globe’s greatest track and field athletes. Many recall the sterility of the opening and closing ceremonies, the quiet as Japanese Emperor Naruhito addressed thousands of empty seats to officially begin the Games of the XXXII Olympiad. The most hyped event of the Olympics is often the men’s 100-meter final. But only silence and a small throng of media serenaded winner Marcel Jacobs — a Texas-born Italian — as he posed at the finish line…
FRANKFURT, Germany (AP) — The head of Russia’s state-owned gas company Gazprom says it has a deal to build a pipeline to China, but there are many unanswered questions about the details of the agreement.On paper, the project — known as the Power of Siberia 2 — would give Russia a way to replace some of the revenue from its decades of selling natural gas to Europe that was lost over its invasion of Ukraine. The pipeline would carry gas from reserves in western Siberia through Mongolia to China. And what Gazprom CEO Alexei Miller called a “legally binding” memorandum…