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Follow this section to personalize your feed and get instant alerts. Follow Go to your personalized feed WHY FOLLOW? Smart Alerts: Get notified about major news as it happens. LeBron James speaks onstage during the TIME100 Sports Gala on July 16, 2026 in New York City. LeBron James speaks onstage during the TIME100 Sports Gala on July 16, 2026 in New York City.

China's Xi says AI'should not be a solo performance by a single country' Artificial intelligence should not be dominated by one country, Chinese President Xi Jinping has said, urging international cooperation on development at a major conference in Shanghai. Chinese AI models are gaining ground on the most powerful offerings from the US, attracting global users with lower costs. But how to govern the booming sector has become a topic of debate amid concerns over the deployment of AI in military combat and its use by hackers or criminals. In his address, Xi spoke of China's role in ensuring equitable access to AI capacity-building for developing countries to prevent the creation of "new historical injustices". To that end, he announced China's plans to cooperate with international bodies, including from Africa, Latin America, Asia and BRICS countries, to provide AI-related opportunities.

UK fears a'triple whammy': oversized investment in AI stocks, slower adoption of AI than predicted and the breakneck pace of AI's development The UK wants a piece of the mammoth global investment in AI but fears it as well. In the coming weeks, the Bank of England is planning to ease capital rules to help encourage more lending. But the central bank simultaneously expressed concerns that there are too many loans going to investors like hedge funds, who are using that money to buy up AI stocks. The central bank's moves reflect the country's global position: hoping to catch up to the US and China in the AI race, struggling to mobilize its resources to do so, and too wary of the risks to go full bore. UK banking regulators have recently been under enormous pressure to do more to stimulate growth, my colleague Kalyeena Makortoff this week reports.

Can Nigeria's drone industry deliver Africa's defence sovereignty Across Africa, the ability to defend borders, monitor territory and protect critical infrastructure remains heavily dependent on foreign suppliers. Turkish drones patrol borders, Chinese surveillance systems monitor cities and Russian fighter jets form the backbone of several air forces. For decades, African militaries have turned abroad for critical defence technologies, leaving the continent largely positioned as a buyer rather than a producer. An Abuja-based start-up is attempting to change that equation. Terra Industries, founded in 2024 by Nathan Nwachuku and Maxwell Maduka, both in their early twenties, designs and manufactures drones, autonomous surveillance towers and unmanned ground vehicles from facilities in Abuja and Accra.

When Anna Funder stood before a pack of journalists at Parliament House this month, she presented herself not just as a writer but also a "victim of crime". The Stasiland author was using the analogy to illustrate how technology companies have flagrantly "hoovered up" her literary works for their own profit. Authors, artists, musicians and media organisations were last year assured those laws wouldn't be watered down when the federal government ruled out granting a legal exemption for artificial intelligence companies to mine content to train their large language models, which include ChatGPT, Gemini and Claude. But continual lobbying from tech giants and a whistleblower's tipoff to the independent senator David Pocock have ignited fears that the Albanese government might go back on its word - even as it continues to insist that it won't. The stoush has exposed splits within Labor about how to respond to AI and raised questions about how far the government should bend - if at all - to big tech to capture the supposed riches of the datacentre boom.

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South Korean computer chip maker SK Hynix has raised $26.5bn (£19.8bn) in its New York share offering, marking the largest ever listing by a foreign firm in the US. The company, a key supplier to artificial intelligence (AI) chip giant Nvidia, said on Thursday that it had sold 177.9 million American depositary shares for $149 each. The shares are set to begin trading on Friday on the Nasdaq. In May, SK Hynix saw its market value top $1tn in its home country, lifted by the boom in demand for AI chips. Its share price has more than tripled in South Korea this year, which along with Samsung Electronics has helped boost the benchmark Kospi index by more than 70% over the same period.

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Messi and Ronaldo Are Building Tech Portfolios. Lionel Messi and Cristiano Ronaldo are betting on AI, health tech, and startups. Mohamed Salah is taking a more traditional route beyond football. Lionel Messi, Cristiano Ronaldo, and Mohamed Salah have spent the past two decades defining one of soccer's greatest eras. Now, as the 2026 FIFA World Cup marks Ronaldo's final appearance at the tournament and another defining moment in the careers of Messi and Salah, they're also preparing for life beyond the pitch.