Trump Says Iran Refused to Make a Deal, Will Now ‘Pay the Price’

Macron's AI Clown Show: Europe's Digital Dilemma Submitted by Thomas Kolbe The European Union has lost its place in the global race for artificial intelligence. In a single tweet on platform X, France’s President Emmanuel Macron inadvertently outlined the convoluted situation while simultaneously revealing his personal emotional fragility. The leading representatives of the European Union like to present themselves as emotionless technocrats. Maintaining the greatest possible distance from citizens, they execute their agenda of societal transformation toward what they understand as a net-zero transformation economy.  This ostentatious distance from the citizenry acts as...

Qualcomm To Design China-Specific Data Center Chip In Compliance With US Export Curbs Qualcomm unveiled its data center chip lineup on Wednesday, becoming the latest chipmaker to enter the AI processor race in an attempt to challenge market leader Nvidia. CEO Cristiano Amon told Nikkei Asia the company is eyeing the China market for its data center products, including designing chips specifically for Chinese customers that are in compliance with U.S. export controls. The mobile chip giant is revamping the design of data center processors, which is traditionally powered by graphic processing...

WTI Dips As US Crude Production Hits Record High, SPR Draw Slows, Cushing Remains At 'Tank Bottoms' Oil prices are marginally higher overnight after President Trump reinstated the blockade on Iranian ports in the Strait of Hormuz and shipping slowed to a crawl amid the renewed warfare in the critical waterway. US Central Command said it completed a morning round of strikes on Iran that further degraded its ability to attack commercial shipping in Hormuz. It comes a day after attacks on ships that had been participating in so-called shuttle runs that...