Category: Flash News

On May 14th, OpenAI is considering building a new data center in the United Arab Emirates, which could significantly expand its business layout in the Middle East. The agreement has not yet been finalized and could still be changed, possibly announced as early as this week during US President Trump’s visit to the Middle East. Trump plans to visit the United Arab Emirates on Thursday. OpenAI CEO Sam Altman is currently visiting the region as part of a collective visit by technology leaders. According to insiders, it is currently unclear how much data center capacity OpenAI plans to build in the United Arab Emirates. The success or failure of this project largely depends on whether OpenAI can successfully import NVIDIA’s cutting-edge chips for developing and training AI models. Since 2023, the United States has been restricting the sale of such chips to the United Arab Emirates, but according to media reports, Trump administration officials are about to reach an agreement to relax the access rights of this Gulf country.

On May 14th, the Houthi armed forces in Yemen issued a statement stating that their missile unit used a hypersonic ballistic missile to attack Israel’s Ben Gurion airport. The Houthi militants stated that the missile accurately hit the target and caused the airport to pause for about an hour. The Houthis once again emphasized that the air blockade against Israel is still effective and demanded that all airlines stop flights to Israeli airports.

On May 14th, Natalia Kiselova, Speaker of the Bulgarian National Assembly, rejected President Radev’s proposal to hold a referendum on the country’s accession to the eurozone. On the 13th, the Bulgarian National Assembly announced that the proposal was rejected by the Speaker due to its inconsistency with relevant provisions of the Bulgarian Constitution and other legal provisions. In April of this year, Bulgarian Finance Minister Petkova stated that the country had met all the criteria for joining the eurozone. On the 9th of this month, President Radev announced that he has proposed to the National Assembly to hold a referendum on whether the country will join the eurozone in 2026. Bulgaria joined the European Union in 2007. For over a decade, joining the eurozone has been a priority goal for the government.

On May 14th, AMD reached a $10 billion strategic partnership with Saudi AI company Humain to advance global artificial intelligence. According to the agreement, both parties will invest up to $10 billion to deploy 500 megawatts of artificial intelligence computing power over the next five years.

On May 13th, recently, 9 securities firms including CITIC Securities, CITIC Securities, and China Galaxy Securities announced the issuance of the first phase of science and technology innovation bonds, and many institutional investors actively participated. Industry insiders believe that issuing sci-tech innovation bonds by securities firms can not only help sci-tech enterprises solve financing difficulties, but also assist securities firms in breaking through traditional business bottlenecks and seizing the technology and finance track, anchoring the bond market’s “technology board”. Sci tech innovation bonds are expected to promote the deep integration of finance and technology.

On May 12th, Wang Yi, member of the Political Bureau of the Communist Party of China Central Committee and Foreign Minister, met with Brazilian Foreign Minister Vieira and Chief Special Advisor to the President Amorim in Beijing. Both sides reviewed the frequent exchanges between the two heads of state in recent years, deeply communicated on the implementation of President Xi Jinping’s visit to Pakistan last year, and prepared for President Lula’s visit to China, especially the important meeting between the two heads of state. They unanimously agreed to promote the construction of the China Pakistan community of shared future in accordance with the strategic guidance of the two heads of state, adhere to multilateralism, uphold recognized international rules, jointly defend the legitimate rights and interests of the global South, and make China Pakistan contributions to promoting world peace, stability, and development. Both sides also exchanged views on the Ukrainian crisis and expressed support for direct dialogue and negotiations between Russia and Ukraine. They will continue to play the role of the “Friends of Peace” group and gather more international consensus to promote political resolution of the crisis.

On May 13th, the latest issue of Nature Communications published a research result led by Princeton University in the United States: the team used a newly developed scanning photocurrent microscope to directly observe the chiral symmetry breaking phenomenon hidden behind the charge density wave in a Kagome lattice topology material called KV3Sb5 for the first time. This discovery not only answers the long-standing debate about whether topological materials can spontaneously form chiral quantum states, but also provides key clues for the development of future new quantum technologies.

On May 13th, a research team from the University of Texas at Austin, Los Alamos National Laboratory, and First Energy Group discovered a faster and more accurate method to repair magnetic field defects in fusion reactions, solving the problem of finding the location of particle leaks in “star mimics”. Researchers say that this progress is a paradigm shift in the design of fusion reactors, with the potential to increase the speed of developing star mimics by 10 times. The relevant paper was recently published in the journal Physical Review Letters.

On May 13th, the People’s Daily reported that the high-level economic and trade talks between China and the United States were held in Geneva, Switzerland from May 10th to 11th. Through the joint efforts of both sides, this meeting was frank, in-depth, and constructive, reaching important consensus and making substantial progress. Both sides unanimously agreed to establish a China US economic and trade consultation mechanism, taking an important step towards resolving differences through equal dialogue and consultation, laying the foundation and creating conditions for further bridging differences and deepening cooperation. The significance of the China US Geneva Economic and Trade Talks lies not only in the concrete results achieved, but also in the reconfirmation of the path of equal dialogue, consultation, and resolution of differences between China and the United States. The road ahead may not be smooth, but China is willing to work with the United States to use this high-level economic and trade talks as a good foundation, continue to adopt a pragmatic attitude towards problem-solving, maintain the momentum of dialogue, tap into the potential of cooperation, extend the list of cooperation, expand the cooperation cake, promote the healthy and stable development of China US economic and trade relations, and benefit the people of both countries and the world.

① Pending US President Trump’s visit to Saudi Arabia, Qatar, and the United Arab Emirates; ② At 07:50, the Bank of Japan released a summary of the opinions of the members of the April monetary policy meeting review committee; ③ 14:00 UK three-month ILO unemployment rate, April unemployment rate, and number of unemployment benefit applicants in April; ④ 17:00 Germany May ZEW Economic Prosperity Index, Eurozone May ZEW Economic Prosperity Index; ⑤ 18:00 NFIB Small Business Confidence Index for April in the United States; ⑥ 20:30 US April non quarterly adjusted CPI annual rate, April quarterly adjusted CPI monthly rate, April quarterly adjusted core CPI monthly rate, April non quarterly adjusted core CPI annual rate; ⑦ At 23:00, Bank of England Governor Bailey delivered a speech; ⑧ The next day at 04:30, the US crude oil inventory for the week of May 9th.