Topic: foreign investment

  • ICE Raid at EV Factory Sparks Fears of US Instability

    ICE Raid at EV Factory Sparks Fears of US Instability

    International automakers have significantly boosted the economies of Southern U.S. states by creating jobs and investing in manufacturing, often relying on skilled foreign technicians. A large-scale ICE raid on a Hyundai-LG battery plant in Georgia, detaining many with valid visas, caused diploma...

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  • Trump welcomes foreign workers after ICE targets South Koreans in Georgia raid

    Trump welcomes foreign workers after ICE targets South Koreans in Georgia raid

    President Trump extended a welcoming hand to foreign workers shortly after a major immigration raid targeted hundreds of South Korean employees at a Hyundai facility in Georgia, straining economic relations with a key U.S. ally. The raid, which detained nearly 500 workers for visa violations, dre...

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  • Senegal 2025: Africa's Next Digital Hub Investment Forum

    Senegal 2025: Africa's Next Digital Hub Investment Forum

    Senegal is rapidly becoming West Africa's premier digital investment hub, driven by its "New Deal Technologique" strategy and a US$10 million partnership with the Gates Foundation to prioritize technology in economic growth. The Forum Invest in Senegal 2025 will highlight this vision, featuring a...

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  • Nvidia CEO: China's Chip Tech Just Nanoseconds Behind US

    Nvidia CEO: China's Chip Tech Just Nanoseconds Behind US

    Nvidia's CEO Jensen Huang asserts that allowing U.S. tech firms to operate in China benefits both nations economically and strategically by fostering innovation and enhancing U.S. global influence. He highlighted China's rapid semiconductor progress, noting it is only "nanoseconds behind" the U.S...

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  • Oman Launches First AI Zone to Attract Global Tech Start-ups

    Oman Launches First AI Zone to Attract Global Tech Start-ups

    Oman has launched its first Artificial Intelligence Zone to attract global tech start-ups and position the country as a regional AI innovation hub. The 100,000 square meter zone, with an investment of RO 100 million, will provide integrated facilities to foster innovation, draw foreign capital, a...

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  • Cerebras Raises $1.1B While Still Private a Year After IPO Filing

    Cerebras Raises $1.1B While Still Private a Year After IPO Filing

    Cerebras Systems raised $1.1 billion in Series G funding, reaching an $8.1 billion valuation, co-led by Fidelity and Atreides Management, despite previous IPO plans for 2025. The company's growth is driven by strong demand for its AI inference services launched in 2024, leading to workforce expan...

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