AI and Defence Growth to Drive 50% Surge in Copper Demand by 2040, S&P Warns Global copper demand is projected to soar by 50% by 2040, driven by rapid growth in artificial intelligence, defence and robotics industries, according to a new report by S&P Global. However, the consultancy warned that without significant investment in new mines and recycling infrastructure, global supply could fall short by more than 10 million metric tons annually. Copper Demand to Reach 42 Million Tons a Year S&P Global’s analysis forecasts that annual copper consumption will reach 42 million metric tons by 2040, up from 28…
Author: StratNewsGlobal Tech Team
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DayOne Data Centers Raises Over $2 Billion to Expand Across Europe and Asia Singapore-based DayOne Data Centers has secured more than 2 billion US dollars in its latest Series C equity financing round, marking a significant milestone in its global expansion strategy. The round was led by existing investor Coatue, with participation from the Indonesia Investment Authority and other strategic backers, the company announced late on Monday. Funding to Power European and Asian Growth The fresh capital will be used to accelerate the development of DayOne’s hyperscale data centre campuses in Lahti and Kouvola, Finland, while also supporting expansion across…
Nvidia Targets Mid-February for H200 Chip Shipments to China Nvidia plans to begin shipping its H200 artificial intelligence (AI) chips to China before the Lunar New Year in mid-February, according to three people familiar with the matter. The move follows the Trump administration’s recent decision to permit sales of the chips to China under a 25% fee, reversing the previous ban imposed by President Biden. Shipments Dependent on Beijing’s Approval The U.S. chipmaker intends to meet initial demand using existing stock, with shipments expected to include 5,000 to 10,000 modules—equivalent to roughly 40,000 to 80,000 H200 chips, sources said. Nvidia…
Trump Media and TAE Technologies Announce $6 Billion Fusion Power Merger U.S. President Donald Trump has entered the fusion energy sector through a $6 billion merger between his social media company, Trump Media and Technology Group, and Google-backed TAE Technologies. The all-stock deal, announced on Thursday, marks a bold expansion of the Trump business empire and reflects growing global interest in clean and scalable energy solutions for data-driven industries. The merger comes just days after leading fusion companies met with the U.S. Department of Energy to seek greater federal support. The move positions Trump Media—best known for its Truth Social…
Freshworks Eyes Acquisitions Worth Millions, With AI Firms in Focus U.S. software company Freshworks is preparing for a new wave of acquisitions as it looks to accelerate growth using its $800 million cash reserve, with a strong focus on artificial intelligence (AI) and employee experience software. CEO Dennis Woodside said the company has already held discussions with potential acquisition targets across several global markets. Global AI Boom Drives Dealmaking The company’s renewed appetite for mergers and acquisitions comes amid a surge in AI-driven dealmaking across the tech sector. According to J.P. Morgan, global M&A volumes rose 39% to reach $4.3…
China’s Zhuque-3 Rocket Achieves Key Breakthrough Despite Landing Failure China’s Zhuque-3 reusable rocket achieved a significant milestone during its maiden flight, marking the country’s first attempt to recover an orbital stage of a carrier rocket. Although the final-stage recovery failed, the mission was hailed as a major breakthrough by Dai Zheng, commander in chief of the Zhuque-3 mission and CEO of LandSpace, the rocket’s developer. A Leap Forward in China’s Reusable Rocket Technology Developed independently by LandSpace, the Zhuque-3 is a large-capacity, low-cost, reusable liquid-fuel launch vehicle designed to deploy large satellite constellations. The rocket lifted off from the Dongfeng…
U.S. Lawmaker Seeks Clarification on Trump’s Decision Allowing Nvidia Chip Sales to China U.S. Representative John Moolenaar, chair of the House of Representatives’ bipartisan select committee on China, has asked Commerce Secretary Howard Lutnick to explain President Donald Trump’s decision to allow Nvidia to sell its H200 artificial intelligence chips to China. The move, announced earlier this week, marks a significant departure from the export control policies enforced by both Trump’s previous administration and that of former President Joseph Biden. Break from Previous Export Controls In a letter sent on Friday, Moolenaar cited reports suggesting that Trump’s decision was partly…
Google to Build Subsea Cables in Papua New Guinea Funded by Australia Google will construct three subsea internet cables across Papua New Guinea (PNG) in a $120 million project fully funded by Australia under the Pukpuk Treaty, the Pacific nation’s acting minister for information and communications technology, Peter Tsiamalili, said on Friday. The initiative aims to strengthen PNG’s digital infrastructure while bolstering regional security ties between Canberra and Port Moresby. Boosting Digital Links and Regional Stability The new high-capacity cables will connect northern and southern Papua New Guinea with the Bougainville autonomous region, enhancing connectivity and data speed across the…
U.S. Lawmaker Seeks Ban on Chinese Lidar in Cars and Critical Infrastructure A U.S. lawmaker has introduced legislation aimed at eliminating Chinese-made sensors from self-driving vehicles and critical infrastructure, citing fears they could be hacked or disabled remotely during a conflict. Representative Raja Krishnamoorthi, a Democrat from Illinois and ranking member of the House Select Committee on China, proposed the bill this week to phase out Chinese lidar technology across key sectors. Lidar sensors, which use lasers to map surroundings for autonomous vehicles, are also widely used in port automation and industrial systems. The bill would prohibit new purchases of…
Bezos Earth Fund Pledges $24.5 Million to Create World’s First Cross-Border Marine Biosphere Reserve The Bezos Earth Fund, the world’s largest climate-focused philanthropy, has announced $24.5 million in new grants to safeguard marine ecosystems spanning Costa Rica, Panama, Colombia, and Ecuador — a move that could lead to the creation of the planet’s first cross-border marine biosphere reserve. Protecting a Vital Marine Corridor The four grants will support local communities and conservation organisations working to preserve key coastal and oceanic habitats in one of the world’s most biodiverse marine corridors. The largest of these grants — $13.85 million — will…