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Huawei Pitches Egypt With AI Chips, Data Center Buildout

China's Huawei has pitched the Egyptian government on building AI data centers for military, surveillance and other public sector use, demonstrating its global chip ambitions and drawing alarm in Washington where officials are working to assemble a counteroffer. Bloomberg's Tom Mackenzie explains.

Read more: Huawei Pitches Egypt With AI Chips, Data Center Buildout
Bloomberg
Financial

Nvidia Has Earnings Pricing Power, BlackRock's Li Says

BlackRock Global Chief Investment Strategist Wei Li says she is still optimistic about the artificial intelligence trade as investors await Nvidia's quarterly earnings report. "Scarcity sellers are doing quote a bit better than scarcity buyers and Nvidia is a scarcity seller," Li tells Bloomberg Television. "You look at some of the price increases that we have been talking about, and it really does show that they have earnings pricing power, earnings momentum," she adds.

Read more: Nvidia Has Earnings Pricing Power, BlackRock's Li Says
Bloomberg
Financial

Nano Nuclear Energy Bring Microreactors to UAE

US microreactor company Nano Nuclear Energy is on the path to deploy its technology to the Middle East after signing the first and only nuclear microreactor partnership with the UAE. The agreement aims to help the country go off grid, power desert data centers and decarbonize oil and gas fields. Jay Yu, the company's founder, executive chairman and president spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the deployment in the UAE plus their plans for Mideast expansion.

Read more: Nano Nuclear Energy Bring Microreactors to UAE
Bloomberg
Financial

Zimbabwe's Economic Turnaround Breaks With the Past

Citigroup suggests the Southern African nation may be on a path to breaking from its past of economic instability, under the International Monetary Fund's watch. The nation's turnaround has been aided by high gold prices, an emerging lithium sector, and the introduction of the ZiG currency in 2024. Bloomberg Television's Jennifer Zabasajja explains on "Horizons Middle East and Africa."

Read more: Zimbabwe's Economic Turnaround Breaks With the Past
Bloomberg
Financial

Blackbird Ventures on A$1.05B Fund Raise

Samantha Wong, Partner at Blackbird Ventures, discusses the firm's latest fundraise, which set a regional record with a A$1.05 billion fund. She outlines the firm's investment strategy and how it plans to back early-stage technology companies across Australia and New Zealand, capitalising on artificial intelligence themes and supporting startups with global ambitions. She speaks exclusively with Haidi Stroud-Watts on "Bloomberg: The Asia Trade".

Read more: Blackbird Ventures on A$1.05B Fund Raise
Bloomberg
Financial

Trump Administration Prepares Next Move as Canada Trade War Spirals

The Trump administration is discussing additional trade penalties against Canada after Prime Minister Mark Carney unveiled dollar-for-dollar retaliation to new tariffs imposed by the US. The threat underscores the prospect of a spiraling trade war between the two nations. Bloomberg's Jill Disis breaks down the situation.

Read more: Trump Administration Prepares Next Move as Canada Trade War Spirals