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World Economy Apr 10, 2026

Saudi Arabia Halts Operations at Energy Sites After Attacks

Saudi Arabia has halted operational activities at several energy facilities following recent attack…
Saudi Arabia has halted operational activities at several energy facilities due to recent attacks, according to the Saudi Press Agency. The attacks targeted oil, gas, and electricity sites in Riyadh, the Eastern Province, and Yanbu Industrial City.The attacks resulted in the death of one Saudi national from the industrial security personnel of the Saudi energy company, with seven others injured. The attacks have reduced the kingdom's oil production capacity by approximately 600,000 barrels per day.The Gulf countries, including Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Oman, and Qatar, have faced repeated drone and missile attacks from Iran over recent weeks. These attacks have contributed to increased volatility in the oil market, affecting the security of supply for consuming countries.Oil prices have jumped upward as the world weighs the prospects of a shaky Iran-US ceasefire and possibly the full reopening of the Strait of Hormuz, a vital oil transit point that Iran has effectively blocked during the conflict.The ceasefire, announced by US President Donald Trump, has been placed in doubt due to Israel's ongoing daily attacks on Lebanon and Iran's attacks on the Gulf countries. Several leaders around the world have called for Lebanon to be included in the ceasefire.
#attacks #saudi #energy
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Tech Apr 09, 2026

Google and Intel Deepen AI Infrastructure Partnership

Google and Intel have expanded their multiyear partnership, committing Google Cloud to Intel’s late…
Google and Intel announced an expanded multiyear agreement that will keep Google Cloud on Intel’s Xeon CPUs while accelerating joint development of custom infrastructure processing units (IPUs) designed for AI inference and data‑center workloads. Expanded Multiyear AI Infrastructure Deal Announcement date: 2026-04-09 Partnership originally launched in 2021 Focus on co‑development of ASIC‑based IPUs and continued use of Intel’s Xeon line Technical Scope and Processor Commitments The agreement specifies that Google Cloud will run Intel’s latest Xeon 6 chips for AI, cloud, and inference tasks, extending a decades‑long reliance on Xeon CPUs. Xeon 6 chips are positioned as the flagship CPU for AI workloads, complementing GPU accelerators. Custom IPUs will offload AI‑specific processing from general‑purpose CPUs, improving efficiency. Pricing details were not disclosed by Intel. Strategic Impact on the AI Compute Landscape Industry analysts note a pivot toward CPU‑centric architectures as the global AI boom strains GPU supply chains. By bolstering CPU and IPU capabilities, the partnership aims to deliver balanced systems that can scale AI workloads without relying solely on GPUs. Lip‑Bu Tan, Intel CEO, emphasized that “balanced systems” are essential for modern AI workloads. Recent CPU shortages have prompted rivals like Arm Holdings to launch their own AI‑focused CPUs (Arm AGI). The move may pressure other cloud providers to diversify beyond Nvidia‑centric stacks. Future Outlook for CPU‑Centric AI Architecture With the partnership deepening, both companies are likely to iterate on next‑generation Xeon processors and IPU designs, targeting higher throughput and lower power consumption. Expect further announcements on custom silicon roadmaps and potential joint reference designs for enterprise AI deployments. Short‑term: Expanded Xeon deployment across Google Cloud’s AI services. Mid‑term: Introduction of first‑generation custom IPUs in production workloads. Long‑term: A more heterogeneous compute stack where CPUs, IPUs, and GPUs coexist to meet diverse AI demands.
#Google #Intel #Google Cloud
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Tech Apr 09, 2026

Amazon CEO Takes Aim at Nvidia, Intel, Starlink and More in Shareholder Letter

In his 2026 annual shareholder letter, Amazon CEO Andy Jassy announced aggressive moves against riv…
Andy Jassy used his 2026 shareholder letter as a platform to signal a multi‑front offensive against the likes of Nvidia, Intel and SpaceX’s Starlink, while laying out a $200 billion capital‑expenditure roadmap that could reshape Amazon’s hardware ambitions.Jassy’s Letter Paints a Bold AI Chip VisionThe CEO framed the narrative as a “new shift” in AI compute, positioning Amazon’s home‑grown Trainium chips as the price‑performance alternative to Nvidia’s dominance. He also highlighted the Graviton CPU’s penetration among the top cloud customers and hinted at future ventures in robotics and satellite broadband (Amazon Leo).Revenue Projections and Chip Capacity NumbersTrainium3 capacity: nearly sold out ahead of launch.Trainium4 capacity: nearly sold out despite being 18 months away.Current Trainium ARR: $20 billion annually.Potential ARR if sold externally: $50 billion.Nvidia 2023 revenue: $215.9 billion.Graviton usage: 98% of the top 1,000 EC2 customers run on it.Two customers requested “all” Graviton capacity for 2026.2026 capex pledge: $200 billion, primarily AWS data centers.Strategic Ripples Across Cloud, CPU, and Satellite MarketsAWS can leverage Trainium to negotiate better pricing with AI‑heavy workloads, challenging Nvidia’s pricing power.Graviton’s market share pressures Intel’s x86 dominance in enterprise cloud environments.Amazon Leo’s early contracts with Delta, AT&T;, Vodafone, NBN and NASA signal a credible challenge to Starlink in the broadband‑satellite arena.Potential robotics spin‑off could monetize data from >1 million warehouse robots, opening a new industrial‑solutions revenue stream.What’s Next for Amazon’s Hardware Ambitions?Expect accelerated rollout of Trainium4 in late 2027, with Amazon courting external chip customers to close the $50 billion ARR gap.Graviton’s dominance may prompt Intel to accelerate its own custom silicon roadmap or pursue strategic partnerships.Amazon Leo’s mid‑2026 launch could force Starlink to lower prices or expand coverage to retain enterprise contracts.Robotics offerings may emerge as a niche SaaS product by 2028, leveraging the massive data lake from warehouse operations.Continued $200 billion capex spending will likely keep AWS as the world’s largest cloud infrastructure provider, but execution risk remains amid a volatile AI‑chip market.
#Amazon #Andy Jassy #Nvidia
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Commentisfree Apr 09, 2026

Starmer urges Britain to boost energy, defence and economic resilience as Iran conflict escalates

Prime Minister Keir Starmer argues that the war in Iran highlights the need for a resilient Britain…
Britain has weathered a succession of crises since the 2008 financial collapse— austerity, Brexit, Covid, the Ukraine war and recent political turbulence. Prime Minister Keir Starmer says the war in Iran must become a turning point, forcing the country to build lasting resilience at home and with its European partners.Starmer stresses that the UK’s response to the Iranian aggression has been guided by de‑escalation, diplomacy and the swift reopening of the Strait of Hormuz. While Britain avoided direct offensive action, it intercepted drones, shot down missiles and protected British lives and interests alongside allies who share the same stance.The government’s approach, he explains, is to reduce escalation, work with allies and safeguard economic stability. In a world that is “more volatile and dangerous than at any other point in my lifetime,” such a strategy is presented as essential for protecting British interests.Starmer links global instability to domestic pressures, noting that the same tensions that threaten security also drive up energy prices, disrupt supply chains and strain household finances. To counter this, his administration has capped energy bills and invested heavily in homegrown energy sources, aiming to free the UK from reliance on external gas suppliers.On the defence front, the UK has announced the largest sustained increase in defence spending since the Cold War, reinforcing European alliances and expanding military capacity. Parallel to these security measures, the government has launched an ambitious industrial strategy, strengthened workers’ rights and pledged to lift more than half a million children out of poverty through a new child‑poverty programme.Starmer argues that these policies are not isolated reactions but part of a broader shift toward long‑term resilience. By building secure, domestic energy, robust alliances and a stable economy, Britain can “shape its future and deliver on priorities that matter to working people.”He concludes that Britain will not attempt to recreate the pre‑2008 world; instead, it will forge a stronger, more secure, and more resilient nation capable of withstanding future shocks.
#our #not #britain
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World Economy Apr 09, 2026

UK Government’s Plan to Loosen Planning Rules for Industrial Chicken Farms Sparks Welfare and Sustainability Concerns

A proposed relaxation of UK planning regulations would enable more industrial chicken units, a move…
The UK government’s latest proposal to ease planning restrictions for large‑scale chicken operations has drawn sharp criticism for being short‑sighted and potentially jeopardising the nation’s food resilience.Advocates of the change argue that lower stocking densities constitute a modest welfare improvement, yet critics contend this is a minor concession that does little to address the systemic cruelty of intensive poultry systems. Moreover, the fast‑growing, low‑welfare breeds used in these units depend almost entirely on imported soy for feed, creating a strategic vulnerability to trade disruptions – a risk highlighted by the ongoing conflict in Iran.Beyond ethical concerns, the model is increasingly economically unsustainable. Frequent disease outbreaks, soaring energy prices and extreme weather events such as heatwaves and flooding are already eroding profitability and further degrading animal welfare. These pressures underscore the fragility of a sector that remains heavily reliant on a single, high‑intensity production model.Local communities have also voiced strong opposition, with recent planning objections succeeding and legal actions launched against producers and retailers for alleged environmental damage. This grassroots resistance signals a growing public demand for a more nature‑friendly agricultural framework.Stakeholders, including World Animal Protection’s UK country director Ruth Tanner, call for an immediate halt to the proposed deregulation. They propose capping the number of industrial units and investing in alternatives such as agroforestry and regenerative farming, which promise a more resilient, high‑welfare, and equitable future for British agriculture.
#farming #industrial #chicken
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Entertainment Apr 09, 2026

Paul Dano on His Versatile Career: From 'Little Miss Sunshine' to 'The Wizard of the Kremlin'

An interview with actor Paul Dano discussing his career, from his early days in 'Little Miss Sunshi…
Paul Dano has had a remarkable career in Hollywood, taking on a wide range of roles in films like Little Miss Sunshine, Love & Mercy, and Swiss Army Man. In a recent interview, Dano shared his experiences working with Brian Wilson in Love & Mercy, and how he spent time with the legendary musician before filming.Dano discussed the challenges of playing a character who doesn't speak in Little Miss Sunshine, and how it felt to break his vow of silence in the second half of the film. He also talked about his experience working on the BBC's War and Peace adaptation, and how he read the book before filming to prepare for his role.When asked about his role as the leader of the Animal Liberation Front in Okja, Dano admitted that it changed his relationship to food, but only for a short time. He also discussed his experience working with the Daniels and Daniel Radcliffe on Swiss Army Man, calling it a fun and creative experience.Dano emphasized the importance of staying kind and grounded in the intense film industry, and how it helps him approach difficult characters with empathy. He also shared that he would most like to hang out with his characters Dwayne from Little Miss Sunshine and Brian Wilson from Love & Mercy.Looking ahead, Dano discussed his role in The Wizard of the Kremlin, a film about modern politics and power. He was drawn to the project because of its compelling and intelligent storytelling, and its relevance to current events.
#Paul Dano #Little Miss Sunshine #The Wizard of the Kremlin
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World Economy Apr 09, 2026

OpenAI Puts UK AI Investment on Hold Citing High Energy Costs

OpenAI has put on hold its plans for a landmark UK investment, Stargate UK, citing high energy cost…
OpenAI has put on hold plans for a landmark UK investment, Stargate UK, citing high energy costs and regulation, in a blow to the government which has put AI at the centre of its growth strategy.The Stargate project was part of the UK-US AI deal announced last September, in which US companies appeared to commit £31bn to the UK’s tech sector. The project aimed to support Britain in building out “sovereign compute” – infrastructure that would allow the government and other UK institutions to run AI models on datacentres in the country.Victoria Collins MP, the Liberal Democrat spokesperson for science, innovation and technology, said: “This is a wake-up call for the government to manage energy costs in the UK and foundation infrastructure.”The Labour MP Clive Lewis said: “When a government has no economic strategy worthy of the name and no real industrial vision, it becomes vulnerable.”An OpenAI spokesperson said: “We see huge potential for the UK’s AI future, and we support the government’s ambition to be an AI leader. We continue to explore Stargate UK.”High energy costs, rising further because of the US-Israel war on Iran, are expected to delay or derail AI datacentre projects worldwide. The UK’s industrial electricity prices were already the highest in Europe before the start of the war.
#openai #government #stargate
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Business Apr 09, 2026

UK Grants £380 million to Tata‑Backed Somerset Battery Gigafactory Supplying Jaguar Land Rover EVs

The British government has approved a £380 million subsidy for a Tata‑owned battery plant in Somers…
The UK government has pledged £380 million to accelerate the build‑out of a new battery factory in Somerset that will supply Jaguar Land Rover (JLR) with cells for its forthcoming electric Range Rover and Jaguar models. The plant, operated by Tata’s battery subsidiary Agratas, was highlighted during a site visit by Business Secretary Peter Kyle, who emphasized the grant’s role in safeguarding jobs and driving economic growth. When fully operational, the gigafactory is projected to employ 4,200 workers and deliver up to 40 GWh of battery capacity annually—enough for hundreds of thousands of electric vehicles. It will become the UK’s second high‑volume battery facility after the Chinese‑owned AESC plant in Sunderland. Construction remains in its early stages, with only a steel frame erected so far. Although the original timetable targeted production start‑up in 2026, delays have pushed the expected commencement to the end of 2027. Agratas has reduced the footprint of the first building but claims the change reflects more efficient process design rather than a cut‑back in output. JLR, the nation’s largest automotive employer, had planned to launch its electric Range Rover in 2025, but the debut has slipped to 2026 and the vehicle is still not on sale. The postponement follows a broader trend of EV manufacturers worldwide scaling back or postponing battery projects after over‑optimistic forecasts of rapid consumer migration from petrol. Recent spikes in petrol prices—spurred by geopolitical tensions linked to Donald Trump’s war in Iran—could make electric cars more appealing, potentially justifying the sizeable capital commitments required for a transition to EV production. Until the Somerset facility becomes operational, JLR will continue to source batteries from AESC. That arrangement was confirmed last year by investment bank Société Générale, though references to JLR have since been removed from public statements. In addition to the battery grant, Tata previously secured a £500 million pledge to modernise its Welsh steelworks with electric arc furnaces, underscoring the government’s broader push for greener industrial capacity. Peter Kyle said the investment, alongside other automotive research initiatives announced on the same day, would “boost economic growth, secure jobs and put more money in people’s pockets.” He added that the UK’s “modern industrial strategy” provides the stability needed for long‑term planning. Earl Wiggins, Agratas’s vice‑president for UK manufacturing, welcomed the funding, noting it will enable the company to “deliver net‑zero goals and strengthen the UK’s position as a global leader in battery manufacturing.” He projected that over 2,200 staff would be on‑site within the next year, with further growth thereafter.
#UK government #Tata Group #Somerset Battery Gigafactory
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Entertainment Apr 09, 2026

Jonah Hill’s ‘Outcome’ Satirizes Hollywood Ego with Keanu Reeves as a Self‑Obsessed Star

Jonah Hill’s new film *Outcome*, streaming on Apple TV+ from April 10, lampoons celebrity culture t…
Outcome arrives on Apple TV+ on April 10 as Jonah Hill’s most ambitious foray into Hollywood satire. The film casts Keanu Reeves as Reef Hawk, a globally recognized star whose public persona of kindness masks a deep‑seated narcissism and a hidden past of heroin addiction.Reef becomes the target of a mysterious extortionist who claims to possess compromising footage. His crisis lawyer, Ira—portrayed by Hill himself with a shaved head and unnerving veneers—guides him through a frantic quest to locate the blackmailer. The narrative unfolds as a “whodunnit without a body,” prompting Reef to apologize to every person he’s ever wronged while hunting the unseen threat.Supporting roles feature Cameron Diaz and Matt Bomer as Reef’s high‑school friends who reluctantly join the mission. The film also boasts cameo appearances from Laverne Cox as a women’s‑rights attorney, Drew Barrymore playing herself, and a moving turn by Martin Scorsese as a washed‑up talent manager. In a tongue‑in‑cheek detail, Ira’s office wall displays a picture of Kanye West, symbolising the industry’s obsession with redemption narratives.The satire’s core message is that wealth and fame do not guarantee happiness. Reef spends idle moments Googling his own reputation—searching “Reef Hawk bad person”—underscoring a profound loneliness beneath the glittering surface. While the script delivers frequent laughs, its climax lands on a comparatively flat note, offering personal growth rather than the expected murder or public humiliation.Overall, the performances remain consistently entertaining, and Hill’s dialogue, co‑written with Ezra Woods, captures the insider tone of Hollywood’s inner circle. Outcome serves as both a comedic critique and a reflective portrait of celebrity culture, inviting audiences to consider the cost of perpetual public scrutiny.
#Jonah Hill #Keanu Reeves #Apple TV+
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