UBS Finds Global Trade Structure "Surprisingly Stable" As AI Emerges As Growth Engine

Key Russian Baltic Oil Port Of Primorsk Resumes Loading After Ukraine Attack Russia’s top oil port in the Baltic Sea, Primorsk, resumed loading days after it came under attack from Ukrainian drones, although Bloomberg notes that the company that pipes crude there said it is trying to divert barrels elsewhere because of the incidents. Ukraine attacked Russia’s largest oil port in the Baltic Sea to prevent it from benefiting from rising oil prices: about 60% of Russia’s maritime oil exports pass through the port of Primorsk. pic.twitter.com/M2ghU0o6i1 — Open Source Intel (@Osint613)...

Pentagon Taps Argonne Spinout To Connect Military Supercomputers With Major Clouds Authored by Neetika Walter via Interesting Engineering, The U.S. Department of Defense (DoD) has awarded Parallel Works, an Illinois-based software company spun out of Argonne National Laboratory, a contract to provide a unified platform that connects military supercomputing centers with secure commercial cloud infrastructure. Representative stock image of a supercomputer. iStock Photos The contract, granted under the department's High Performance Computing Modernization Program (HPCMP), will allow scientists, engineers, and acquisition professionals across the DoD to access both on-premises and cloud-based computing resources through...

Nvidia CEO Urges Super Micro To "Enhance Compliance" Amid AI Chip-Smuggling Probe In a rare public comment that Nvidia is growing more sensitive to downstream risk, CEO Jensen Huang was quoted by Bloomberg News as saying Super Micro Computer must strengthen internal compliance controls after Taiwanese authorities detained three people accused of smuggling banned AI chips to China.   "Ultimately, Super Micro has to run its own company," Huang told reporters on Saturday in response to the chip smuggling scheme. "I hope that they will enhance and improve their regulation compliance...