chips act

IBM is set to receive $1 billion from the US government as part of a $2 billion quantum computing funding package. This investment, aimed at bolstering domestic manufacturing and accelerating development in strategic technology sectors, includes minority equity stakes for the government.

Nvidia reported record revenue and unveiled its new "Vera" CPU, targeting a massive $200 billion market for AI agents. This strategic move aims to counter rising competition from rivals like Intel, AMD, and cloud giants developing their own AI silicon. Huang believes billions of AI agents will require dedicated CPUs, projecting significant growth.

Zendaya's insights in 'Between U and Me' resonate powerfully with tweens, as she passionately advocates for embracing one's individuality over blending in. By urging them to cultivate their unique abilities, she inspires a journey toward self-acceptance and inner happiness, empowering them to shine in their own light.

Following the Vikramshila Setu's partial collapse, the Bhagalpur district administration has established vital boat and ferry services across the Ganga, acting as a crucial lifeline for commuters and small vendors. Large cargo vessels are also ferrying essential materials and vehicles, ensuring continued trade and movement. Strict monitoring of these waterway operations is in place to prevent violations.

A routine dog walk on Norfolk's Happisburgh beach in 2000 unearthed a remarkable handaxe, pushing back the timeline of early human habitation in Northern Europe to over 780,000 years ago. This discovery shattered previous assumptions about hominin survival in harsh climates, revealing a sophisticated toolmaker. The coast continues to be a vital, albeit fragile, archive of our distant past.

Parama Ekadashi, observed on June 11, 2026, offers relief from hardship through sincere devotion. Families engage in rituals like Sankalpa, Vishnu worship, and chanting. Dietary practices vary regionally, with emphasis on avoiding grains. The fast's observance and breaking require careful attention to local timings and traditions, ensuring a meaningful spiritual practice.

In a fascinating twist to our understanding of dinosaur behavior, new theropod tracks unearthed in China indicate that these formidable predators sometimes took it slow, strolling at a cautious 1 km/h. This revelation disrupts the typical fast-paced, thrilling portrayals often seen in movies, presenting a new perspective on how dinosaurs might have navigated their worlds.

Taiwan's defense ministry reported Chinese military activity, with four aircraft and six naval vessels detected around the island. Three aircraft crossed the Taiwan Strait median line. This follows a day of heightened activity, with 16 aircraft and eight vessels observed, 13 of which crossed the median line. These incursions underscore rising regional tensions.

During their discussions, President Trump and Xi Jinping placed Taiwan at the forefront of their diplomatic agenda. Trump perceives arms sales to Taiwan as a way to gain leverage, whereas Taiwan insists on its importance for regional harmony. Given its strategic significance in the technology sector, especially in chip manufacturing, any tension involving Taiwan could disturb the global economy.

Sunrisers Hyderabad and Rajasthan Royals face off in a high-stakes IPL 2026 Eliminator in Mullanpur, where explosive batting is expected again. SRH’s powerful top order, led by Abhishek Sharma and Heinrich Klaasen, takes on RR’s young star Vaibhav Sooryavanshi and Jofra Archer. Despite the season’s batting dominance, the match could hinge on which team’s new-ball bowlers strike early and expose vulnerable middle orders.

A chance discovery in Egypt's Valley of the Kings unearthed the tomb of Tutankhamun. This untouched treasure trove revealed golden artefacts and offered a unique glimpse into ancient Egyptian life. The find redefined historical understanding and sparked global fascination. Even today, scientific analysis of the tomb's contents yields new insights into the past.

In his first encyclical, titled Magnifica Humanitas, or Magnificent Humanity, the Pope warns of the dangers of Artificial Intelligence, comparing it to the Tower of Babel and stating: “Humanity, created by God in all its grandeur, is today facing a pivotal choice: either to construct a new Tower of Babel or to build the city in which God and humanity dwell together.”

Traffic Curbs To Stay Till Then, NHAI To Hire Co In A Couple Of Weeks

Nvidia CEO Jensen Huang emphasizes operational rigor, learned from washing dishes, as crucial for hyper-growth, debunking the myth that only engineering brilliance and funding suffice. He advocates for first principles thinking and meticulous attention to mundane tasks, arguing that this foundational discipline builds resilient, scalable tech companies capable of sustainable excellence.

Anthropic's paper outlines two scenarios for US-China AI leadership by 2028. In one, the US maintains its compute advantage through tightened export controls, leading to democratic AI norms. The other sees China overtaking the US if policymakers fail to act, resulting in authoritarian AI dominance.

Karnataka's food safety watchdog found namkeens, dairy products, and spices to be the most unsafe in 2025-26. Excessive synthetic colours in snacks and low fat content in milk and butter were major concerns. Over 390 food businesses faced legal action, with penalties totaling Rs 77 lakh. Despite this, the state saw significant growth in new food businesses.

China's economic recovery is facing headwinds as factories slow and consumer spending falters, with April data revealing a significant slowdown. Weak domestic demand, coupled with a challenging global environment marked by geopolitical conflicts and rising energy costs, is squeezing growth. While exports remain strong, they are insufficient to offset internal weaknesses, prompting concerns about the need for further policy support.

The EU is preparing a "Tech Sovereignty Package" to reduce reliance on foreign cloud providers for sensitive government data. New rules will mandate European cloud infrastructure for critical sectors, limiting US tech giants like Microsoft, Amazon, and Google. This move aims to bolster European digital control amid growing geopolitical tensions.

In this By Invitation column, author, art historian and curator Dr Alka Pande shares how the Indian art is experiencing a boom, with auction records being shattered for modern masters like Husain and Raza, fetching hundreds of crores. Despite global market caution, wealthy Indian collectors are driving demand, viewing art as a symbol of heritage and identity.

Taiwan, a flashpoint in US-China rivalry, is increasingly central to global tensions. President Xi Jinping's "Thucydides Trap" warning highlights the risk of conflict as China rises. The island's strategic importance in semiconductors and trade, coupled with historical crises, underscores the escalating danger of miscalculation.

Asian markets showed mixed trading as AI stock momentum waned, oil prices stayed high, and inflation worries persisted. Japan's Nikkei saw a slight gain, while South Korea's Kospi recovered some losses. Concerns over stalled US-Iran talks and hotter US inflation data contributed to investor caution across the region.

A surge of legislative proposals in the US targets the H-1B visa program, proposing significant restrictions and even abolition. While some measures aim to protect American jobs, experts warn against blunt policies. The article suggests reforms like Australia's skilled occupation list and Canada's points-based system could offer better solutions for attracting global talent.

While the US and Israel engaged in conflict with Iran, China quietly leveraged the situation to expand its influence. By positioning itself as a diplomatic alternative and stabilizing energy supplies, Beijing benefited from a weakened American strategic position and growing uncertainty about US reliability among allies.