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Intel announces $5.7 billion AI-driven capital investment in Ireland

Intel to upgrade Ireland’s Leixlip plant, boosting Europe’s most advanced Intel 3 chip production capacity The Intel logo at the 10th edition of the VivaTech technology startups and innovation fair in Paris, France, June 18, 2026.PHOTO: REUTERS ‌European output to meet growing global demand for AI and high-performance computing, the U.S. chipmaker said on Monday. … Read more

Volkswagen CEO says 50,000 more job cuts may be needed to close competitive gap

Volkswagen may cut 50,000 more jobs as CEO seeks to boost competitiveness amid tariffs and China pressure A Volkswagen car parks in front of the Volkswagen headquarters on the day of the supervisory board meeting, in Wolfsburg, Germany, July 9, 2026. REUTERS Volkswagen may need to cut ‌about 50,000 more jobs to match the competitiveness … Read more

Extreme heat threatens Italy’s Parmesan heartland

Farmers battle 10% milk drop, soaring energy bills to protect 800-year-old cheese A quality inspector taps wheels of Parmigiano Reggiano cheese for hidden flaws at Credito Emiliano’s cheese-backed lending facility, where recent heatwaves have pushed daily power use up about 30%, in Montecavolo di Quattro Castella, Italy, July 6, 2026. PHOTO: REUTERS 50 years ago, … Read more

Nobel laureates among more than 200 experts urging action on AI’s economic impact

AI could transform economies faster than the Industrial Revolution, experts warn of job losses An AI sign is seen at the World Artificial Intelligence Conference in Shanghai, China July 6, 2023. REUTERS More than 200 researchers and economists, including 15 Nobel laureates and researchers at OpenAI, Anthropic and ​Google, have called for governments and technology … Read more