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Europe bets on supercomputer to catch up in AI race
Europe bets on supercomputer to catch up in AI race
by  AFP

Europe's fastest supercomputer Jupiter was inaugurated Friday in Germany with Chancellor Friedrich Merz saying it could help the continent catch up in the global artificial intelligence race. "We in Germany, and we in Europe, have every opportunity to catch up and then keep pace" with AI pioneers the United States and China, said Merz.

The massive debt behind France's political turmoil
The massive debt behind France's political turmoil
by  AFP

France's growing debt pile is at the heart of the confidence vote that could topple the government of Prime Minister Francois Bayrou next week. Bayrou called the vote to settle a fight over the budget as he seeks 44 billion euros ($51 billion) in savings to cut the debt.

China to impose temporary duties on EU pork over 'dumping'
China to impose temporary duties on EU pork over 'dumping'
by  AFP

China said Friday it would impose temporary anti-dumping duties on European Union pork imports, delivering another blow to shaky ties between the economic powerhouses. The investigation has "preliminarily determined that imports of relevant pork and pig by-products originating in the European Union are being dumped", a statement from China's commerce ministry said.

US AI giant Anthropic bars Chinese-owned entities
US AI giant Anthropic bars Chinese-owned entities
by  AFP

Anthropic is barring Chinese-run companies and organizations from using its artificial intelligence services, the US tech giant said, as it toughened restrictions on "authoritarian regions." Anthropic -- valued at $183 billion -- said that the change would affect entities more than 50 percent owned, directly or indirectly, by companies in unsupported regions.

German factory orders drop in new blow to economy
German factory orders drop in new blow to economy
by  AFP

German industrial orders unexpectedly fell in July, official data showed Friday, the latest sign that Europe's long-struggling top economy remains stuck in the doldrums. "High trade and geopolitical uncertainties" were creating volatility when it came to orders, the German economy ministry said in a statement.