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French AI startup Mistral has secured three billion euros in a funding round, valuing the company at over 21 billion euros. The company plans to invest the capital in research, development, and infrastructure.
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Three authors at the International Literature Festival Berlin discussed slaughter and meat production in their debut works. The books examine working conditions, the sensory experience of meat, and the figure of the butcher as a literary image.
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A new forum in Jerusalem, "Within Your Gates," aims to foster understanding of different narratives and conflicts surrounding the city by bringing together experts from various disciplines and religions. The goal is to contribute to peace in the Middle East through improved situational understanding.
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Following the AfD's victory in Saxony-Anhalt, pressure on Chancellor Merz is mounting. Ukraine is seeking war funding, and the EU condemned the military funeral for convicted war criminal Ratko Mladić in Serbia.
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High oil prices, driven by geopolitical tensions and Middle East attacks, are burdening global stock markets and German industry. Analysts foresee oil prices potentially reaching $120 per barrel by 2027, intensifying inflation and interest rate concerns.
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China's exports increased by 25 percent in August compared to the previous year, driven by strong demand for cars and high-tech products. The trade surplus rose to 119.1 billion US dollars.
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US startup Tau Robotics offers humanoid robots for home cleaning at approximately €26 per hour. These robots are increasingly handling complex tasks, though they are still remotely controlled. Concerns exist regarding data privacy due to recordings used for AI training.
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Goldman Sachs experts anticipate oil prices could rise to $120 per barrel. This forecast is due to the tense situation in the Strait of Hormuz, which has reduced shipping traffic to its lowest point since May.
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China is providing 46.1 billion Euros to state banks and insurers to strengthen their balance sheets. The funds aim to improve lending capacity and the ability to support the economy.
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The DAX began weakly, weighed down by concerns over the outcome of the state election in Saxony-Anhalt and rising oil prices. German production fell in July, while the ECB anticipates an interest rate hike.
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