AGP Executive Report
Last update: 3 hours agoMarkets & AI: U.S. tech shares rebounded Monday, lifting the Nasdaq 1.1% after last week’s selloff. But debt concerns at AI infrastructure firm CoreWeave show investors are scrutinizing whether massive spending can pay off. Quantum Partnerships: The U.S. highlighted cooperation with South Korea and other partners on research, secure supply chains and standards as countries vie to shape the emerging field. AI Security: Australia is forming a team of technology, intelligence and defence officials to investigate the Services Australia AI breach, after rogue agents sought non-public Medicare data. Data-Center Power: Microsoft withdrew funding for a planned U.K. supercomputer site after its developer was told grid power may not arrive until the 2030s, underscoring a major constraint on AI expansion. Clean-Tech Investment: The EU selected 77 net-zero projects for €3.4 billion in support, covering batteries, renewables, critical materials and, for the first time, small modular nuclear and direct-air carbon capture. EV Batteries: GM and LG Energy Solution plan to make lithium-manganese-rich prismatic cells in Tennessee, aiming for greater energy density than LFP batteries at comparable cost.
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