Asia
Denmark says Russian warship fired flares at military helicopter
Denmark has accused a Russian warship of firing two emergency flares at one of its helicopters while it was tracking the vessel in the Baltic Sea. The Danish government has summoned the Russian ambassador over the incident, which it said happened during a routine monitoring operation on Monday. Prime Minister Mette Frederiksen branded the Russian action reckless and said it was designed to intimidate and divide. Moscow has not commented on the incident. It came on the same day Nato forces shot down a drone over Lithuania in the latest security scare on the alliance's eastern flank, where tensions remain high during Russia's full-scale invasion of Ukraine.
SoftBank-backed SB Energy aims to raise 500 million from Japan for U.S. IPO
SoftBank-backed SB Energy aims to raise $500 million from Japan for U.S. IPO The proceeds from SB Energy's public listing in Japan will be used to develop and build data centers and power plants. SB Energy, a data center firm backed by SoftBank Group, is aiming to raise as much as $500 million in the Japanese portion of its planned initial public offering (IPO) in the U.S., following other major deals tapping the country's deep pools of capital. The company will start taking investor orders as soon as this month, according to a local regulatory filing Tuesday. The proceeds will be used for developing and constructing infrastructure including data centers and power plants. SB Energy, whose strategic investors include OpenAI and Nvidia, filed for an IPO in the U.S. this month. Mizuho Financial Group, Daiwa Securities Group, PayPay Securities, Rakuten Securities and SBI Holdings will act as the selling agents for Mizuho's U.S. arm, according to the filing.
Kioxia said to consider raising 10 billion in U.S. listing
Kioxia said to consider raising $10 billion in U.S. listing Kioxia is seeking to gain more liquidity in the U.S. by listing American depositary receipts. Kioxia is considering raising at least $10 billion by listing American depositary receipts, people familiar with the matter said, potentially joining other artificial intelligence-related companies seeking to tap strong investor demand. Kioxia has been speaking with lenders including Bank of America, Goldman Sachs Group and JPMorgan Chase on an offering that may take place next year, the people said, asking not to be identified because the matter is private. The Tokyo-based memory-storage maker is seeking to gain more liquidity in the U.S. with the listing after it repurchased billions of dollars' worth of shares in Japan, the people said. Selling ADRs may also allow Kioxia to join a semiconductor-focused stock index, they said. Considerations are preliminary, and details such as the size of the share sale and the bank lineup may change, the people said.
Trump calls, interrupts Nvidia CEO to say AI fears are 'a hoax'
Trump calls, interrupts Nvidia CEO to say AI fears are'a hoax' Trump calls, interrupts Nvidia CEO to say AI fears are'a hoax' US President Donald Trump makes a surprise call to the CEO of AI chip company, Nvidia, interrupting a live event to discuss recent fears of AI development. While talking to Jensen Huang over speakerphone, Trump called the concerns'a hoax'. Share Trump calls, interrupts Nvidia CEO to say AI fears are'a hoax' on social media Millions line up for'sacred henna' at Indian temple B'Tselem: Israeli settler violence aims to eliminate Palestinian existence'Columbia did not care': Mahmoud Khalil files discrimination lawsuit
Waymo to start Tokyo robotaxi service next year in Asia push
The company will partner with Japanese taxi firms Go and Nihon Kotsu to start a fully autonomous service in Tokyo in 2027. Alphabet's Waymo plans to bring its robotaxis to Japan next year as the U.S. market leader continues its global expansion. Waymo will partner with Japanese taxi firms Go and Nihon Kotsu to start a fully autonomous service in Tokyo in 2027, it said Tuesday. The companies expect to start with a small fleet and then expand gradually to 100 vehicles. Shares of Go, which manages Japan's top taxi-booking app, rose as much as 9.7% on Tuesday. The stock is up more than 40% since its initial public offering in June.
Artificial intelligence makes inroads into weather forecasting
Daisuke Abe, an executive officer at Weathernews, explains about an AI weather forecasting model in the city of Chiba in July. Artificial intelligence is gaining ground in weather forecasting. Weather forecasts have traditionally relied on numerical weather prediction, in which supercomputers process observational data and simulate atmospheric conditions on the basis of the laws of physics. In recent years, however, AI-based weather models have emerged. These systems analyze vast amounts of historical data to predict future weather patterns. Meteorological agencies and private-sector companies around the world are now developing proprietary AI forecasting models.