Tag: fast
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South Korea Q1 GDP grows 1.8% q/q, stronger than advance estimate
SEOUL, June 9 : South Korea’s economy grew in the first quarter at a stronger pace than previously estimated in April, revised central bank data showed on Tuesday. Gross domestic product grew 1.8 per cent in the January-March quarter from the preceding three months, faster than the 1.7 per cent increase estim
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OpenAI joins Anthropic in IPO push
June 8 : OpenAI said on Monday it confidentially filed for a U.S. initial public offering recently, joining rival Anthropic in a push toward the stock market as investors seek exposure to the artificial intelligence boom. The ChatGPT-maker said it has not decided on a timeline of the IPO yet nor did it disclo
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Dollar eases as Iran and Israel agree to halt strikes
NEW YORK/LONDON, June 8 : The dollar eased on Monday but hovered near its highest level in nearly two months, after Iran and Israel agreed to halt attacks on each other following an appeal by U.S. President Donald Trump.The pause in strikes by both Iran and Israel lured investors into other currencies that ha
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Applied Digital signs $5.2 billion AI data center lease with US hyperscaler
June 8 : Applied Digital has signed a 15-year lease with a U.S.-based hyperscaler at its Delta Forge 2 site which is expected to generate about $5.2 billion in revenue over the period, sending the company’s shares up 8.7 per cent in extended trading. Major technology companies are raising their spending on da
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Meta funds skilled trades jobs program for AI data center buildout
NEW YORK, June 8 : Meta is investing $115 million to stand up a new training program for data center technician jobs, as the social media giant races to build the infrastructure to power its AI ambitions.The cost-free program, America’s Workforce Academy, will end in guaranteed job offers to graduates, the co
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OpenAI files for US IPO after Anthropic as AI giants head to public markets
June 8 : ChatGPT-maker OpenAI confidentially filed for a U.S. initial public offering on Monday, joining rival Anthropic in a push toward the stock market as investors seek exposure to the artificial intelligence boom.OpenAI did not disclose the size or terms of the offering, and said a timeline has not yet b
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Olise stakes World Cup claim with hat-trick in France win
PARIS, June 8 : Michael Olise offered another glimpse of the influence he could have at the World Cup, netting a hat-trick as France edged Northern Ireland 3-1 in a warm-up game in Lille eight days before launching their campaign in the United States.The in-form playmaker continued his rise as one of Les Bleu
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US denies entry to Somali referee traveling for World Cup
June 8 : The United States denied entry to a Somali referee who arrived in the country over the weekend to officiate games during the FIFA World Cup, the U.S. Customs and Border Patrol said on Monday.The Somali national arrived at Miami International Airport from Istanbul International Airport on Saturday and
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Ex-UEFA chief Platini files criminal, civil cases against FIFA, Infantino over 2015 saga
June 8 : Former UEFA president Michel Platini has launched civil and criminal legal proceedings in France against world soccer’s governing body FIFA and its current president Gianni Infantino over corruption allegations in 2015 that ended his bid to lead the organisation.A criminal complaint filed in Paris
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Netherlands defender Timber to miss World Cup with groin injury
June 8 : Arsenal defender Jurrien Timber will miss the 2026 World Cup after failing to recover from a groin injury, the Dutch Football Association said on Monday.The Dutch FA said the 24-year-old has not made enough progress to compete in the tournament in a “medically responsible” manner. His abse
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