Global crude benchmarks surged over 2% as Iran declared the Strait of Hormuz closed to all vessels following fresh US military strikes. Brent crude rose to $95.40 and WTI to $92.63 a barrel. Iran's IRGC warned any vessel attempting to transit the strait would be targeted amid escalating regional tensions.
US President Trump is pushing for major AI firms to "give back" to the public, potentially through government stakes or benefit mechanisms. He plans to meet top tech executives soon to discuss this proposal, aiming to enrich citizens and boost AI's popularity. Discussions about a "Public Wealth Fund" model, distributing AI investment returns, are reportedly already underway.
Chairman Chandra says AI most significant opportunity for enterprise IT, will slow hiring
Global crude benchmarks surged over 2% as Iran declared the Strait of Hormuz closed to all vessels following fresh US military strikes. Bren...
