News – Page 7

Navigating Trade Tensions: How China’s Economic Resilience Challenges U.S. Tariff Strategy

U.S.-China Trade Dynamics at a Critical Juncture As the temporary truce in the ongoing trade dispute between the United States…

by Michael TurnerOctober 20, 2025

Finance Mining

Southern Palladium Secures $20 Million Funding to Accelerate Bengwenyama PGM Development

Southern Palladium has successfully secured $20 million in funding to advance its Bengwenyama PGM project in South Africa’s Bushveld Complex. The company is progressing toward a final investment decision in 2026 with a staged development approach that reportedly offers strong economics and reduced capital requirements.

Funding Boost for PGM Development

Southern Palladium has reportedly secured $20 million in funding to accelerate development of its Bengwenyama platinum group metals (PGM) project in South Africa’s Limpopo province, according to recent reports. The Sydney- and Johannesburg-listed company’s successful capital raise has attracted significant shareholder support, positioning the project for accelerated advancement toward production.

by Michael TurnerOctober 20, 2025

Cloud Technology

Widespread Internet Disruption as AWS Outage Hits Major Platforms and Services

A significant AWS outage is causing widespread disruptions to popular online services and platforms across North America. The issue stems from problems with the DynamoDB endpoint in the US-EAST-1 Region, according to reports. Major companies including Slack, Fortnite, and Amazon’s own services are experiencing significant error rates.

Major Cloud Disruption Impacts Internet Services

A widespread outage at Amazon Web Services is causing significant disruptions across numerous popular online platforms and services, primarily affecting users in North America, according to reports. The outage has created a domino effect across the digital ecosystem, with the world’s largest cloud service experiencing issues that are cascading to the many websites and applications that depend on its infrastructure.

by Michael TurnerOctober 20, 2025

Business Economy

JPMorgan CEO Jamie Dimon Expresses Economic Concerns, Highlights US Strengths Amid Global Uncertainty

Jamie Dimon, Chairman and CEO of JPMorgan Chase, warns that risks to the global economy are being underestimated. Despite concerns, he maintains faith in the strength of the US economy and discusses geopolitical shifts under recent administrations.

Economic Worries from a Financial Leader

Jamie Dimon, the Chairman and CEO of JPMorgan Chase, has expressed significant concerns about the global economy, stating that the potential for a serious downturn in the U.S. stock market is being underestimated. According to reports from a recent interview on BBC Sounds, Dimon highlighted that he is “far more worried” about these risks than many of his peers, pointing to a period of heightened uncertainty affecting worldwide financial stability.

by Erica LangOctober 20, 2025

AI Hardware

Foxconn Advances Development of NVIDIA’s Next-Generation Vera Rubin AI Servers Targeting 2026 Production

Foxconn has initiated development of NVIDIA’s next-generation Vera Rubin AI servers, according to industry reports. Mass production is reportedly scheduled for the second half of 2026, positioning the technology as the successor to current Blackwell systems. The partnership underscores the accelerating pace of AI infrastructure advancement.

Next-Generation AI Infrastructure Development

Foxconn, a key manufacturing partner for NVIDIA, has reportedly begun development of the next-generation Vera Rubin AI servers, according to industry sources. The timeline for mass production is reportedly set for the second half of 2026, positioning these systems as the successor to NVIDIA’s current Blackwell architecture. This development comes as suppliers are ramping up production of Blackwell Ultra GB300 AI servers, which analysts suggest will dominate AI shipments through early 2026.

by Jessica Moore P.E.October 20, 2025

Funding Startups

Oxford Biotech Firm Wild Bio Secures $60M for AI-Driven Crop Innovation

Wild Bioscience, the Oxford-based agricultural technology company co-founded by Irish professor Steve Kelly, has reportedly secured $60 million in Series A funding. The investment round was led by the Ellison Institute of Technology to accelerate the development of climate-resilient crop varieties using artificial intelligence and precision breeding techniques.

Major Funding for Agricultural Innovation

Wild Bioscience, the Oxford University spinout co-founded by Irish academic Prof Steve Kelly, has reportedly raised $60 million in a Series A funding round led by the Ellison Institute of Technology (EIT). According to reports, the substantial investment will accelerate the company’s mission to develop improved crop varieties using genetics research and precision breeding technologies to address global sustainability challenges in agriculture.

by Erica LangOctober 20, 2025