Trump Says He Will Lift Sanctions on Turkey and ‘Certainly Consider’ F-35 Sale

Canada Is Poaching America’s Top Scientists Canada is taking advantage of growing uncertainty within the US academic system by offering hundreds of millions of dollars to researchers willing to move north, according to Bloomberg. The Canadian government has committed C$504 million, or roughly $362 million, to support 64 scientists and scholars joining universities across the country. Three quarters of the recruits currently work in the United States, many at institutions including Harvard, MIT and the University of North Carolina. The remaining researchers are arriving from a dozen other countries, including China,...

Is The AI Spending Boom Creating A Depreciation Time Bomb? Via City AM, Big Tech's AI spending has exploded, with Google, Microsoft, Amazon, and Meta collectively investing hundreds of billions of dollars in infrastructure. Rapid technological change may shorten the economic life of AI servers and GPUs, increasing depreciation and replacement costs. The long-term profitability of AI will depend not only on demand growth but also on whether companies can justify the enormous ongoing capital requirements. The eye-watering capital expenditure plans of Big Tech has been one of the year’s biggest stories.  Google, Meta, Amazon, and...

The US fired a Tomahawk missile in the Philippines from its new Typhon launcher for the first time during Washington and Manila’s annual Balikatan Exercise, a major provocation aimed at China. The Typhon, also known as the Strategic Mid-Range Fire System, was developed by the US after it withdrew from the Intermediate-Range Nuclear Forces (INF) […]