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Iraq Bulletin

Tag : ai investment

Business

Alibaba secures HK$80 billion to expand AI investment

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Alibaba Group has priced an HK$80 billion share placement to fund artificial intelligence investment and expand its AI infrastructure. The Chinese technology group will issue 710 million new ordinary shares at HK$112.70 each. The deal is worth about US$10.2 billion...
Business

Japan’s Nikkei 225 clears 72,000 in record Tokyo rally

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Japan’s Nikkei 225 rose above 72,000 for the first time on Monday, setting a fresh record as Tokyo equities extended a sharp June rally. The benchmark share average gained 1.4 percent to 72,247.21 in morning trade. It earlier touched an...
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Kristersson warns Europe could become a “museum” without AI reform

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Sweden’s Prime Minister Ulf Kristersson has warned that Europe risks becoming a “museum” if it does not ease its strict regulations on artificial intelligence and foster a more innovation-friendly environment. Speaking at the Techarena event in Stockholm on Thursday, Kristersson...
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Europe unveils €150 billion AI investment to boost innovation

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As the 2025 AI Action Summit unfolds in Paris, Europe is making a decisive push to establish itself as a global leader in artificial intelligence. The EU AI Champions Initiative, led by global investment firm General Catalyst, has called for...