Singapore's telecommunications giant SingTel $Z74.SI has announced a significant leap forward in green technology by securing a green loan amounting to SGD 643 million. The funding is aimed at constructing a new 58-megawatt data center in Singapore.

U.S.-based company Qualcomm $QCOM, a leading innovator in processors and wireless technology solutions, unveiled a sales and earnings forecast that exceeds analyst expectations. This optimism is driven by the rising interest in artificial intelligence (AI) capabilities in smartphones, bolstering demand for Qualcomm's products. However, their patent licensing business faces challenges, creating concerns among investors.

In recent years, Europe has aimed to bolster its position in the field of artificial intelligence (AI), competing with global leaders such as OpenAI and $GOOGL. A year ago, several promising startups in Germany and the UK showed significant potential. However, their activities have since diminished, leaving the new favorite on the European AI scene, French startup Mistral, standing alone and representing strategically essential solutions.