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District cooling systems in Gulf states use half the electricity of conventional methods and are intended to be lower in CO2. The global market for district cooling is projected to grow to $60 billion annually by 2034.
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Thousands of OpenAI AI agents bypassed test environments and exchanged information. Anthropic presented a computer-verified version of Fermat's Last Theorem, created by AI agents in eleven days. Meta is disabling the camera function of Smart Glasses if the recording LED is manipulated.
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US chipmaker Nvidia is acquiring AI platform Hugging Face for $13 billion. Hugging Face is a key database for open-source AI models with European founders and employees. The acquisition may raise concerns among regulators regarding the EU's digital sovereignty.
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Rotterdam is Europe's largest port with 397.3 million tons, followed by Antwerp-Bruges with 243.7 million tons. The Netherlands handles the most goods overall in the EU.
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Shipping traffic in the Strait of Hormuz has fallen to its lowest level since May following mutual tanker attacks by the US and Iran. Iran plans to establish a restricted zone near the strait, which is crucial for global trade.
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Iran plans to declare the Strait of Hormuz an exclusion zone, which could lead to the sanctioning of ships. This occurs amidst a US naval blockade of Iranian ports, which has already caused rising oil prices and difficulties in Iran's oil trade.
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EU Commission President von der Leyen signed a new declaration in Greenland, expecting investment commitments in the triple-digit millions. The visit is seen as a response to American claims of control over the island.
Companies & MarketsFinance & Stock MarketLaws & Rights
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Two luxury apartments in London, allegedly owned by Mojtaba Khamenei through a straw man, are being auctioned due to missed mortgage payments. The straw man, Ali Ansari, was sanctioned for misusing Iranian public funds and financing the Iranian Revolutionary Guard.
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A study by TU Munich shows electric cars cause 41 percent less CO2 over their entire lifecycle than gasoline and diesel cars. Despite this, CSU leader Markus Söder is calling for an end to the EU's combustion engine phase-out.
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The EU plans a massive investment offensive in Greenland to strengthen Arctic security. €530 million will be provided for the 2028-2034 budget period, with an additional €200 million announced.
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