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Morgan Stanley CEO: Capital expenditure on artificial intelligence could reach $10 trillion over the next few years.

2026-07-15

Morgan Stanley CEO: Capital expenditure on artificial intelligence could reach $10 trillion over the next few years.

Other News
2026-07-15

The Financial Services Commission (FSC) will expand the Public Growth Fund's operating scale from 150 tln won to 200 tln won and widen its investment scope to include aerospace and other strategic industries. Annual operating capacity will rise from

The Financial Services Commission (FSC) will expand the Public Growth Fund's operating scale from 150 tln won to 200 tln won and widen its investment scope to include aerospace and other strategic industries. Annual operating capacity will rise from 30 tln won to 40 tln won, for a targeted 200 tln won total over the next five years. The eligible universe will be broadened beyond the current 12 high‑tech sectors—semiconductors, displays, AI, biotech, vaccines, robotics, future mobility, defense, secondary batteries, hydrogen, critical minerals and content—to include aerospace; long‑term growth capital will be concentrated on semiconductors, AI data centers (AIDC) and Physical AI.
2026-07-15

Mehran Kamrawa, a professor of government at Georgetown University Qatar, points out that the Iranian government is "deliberately" announcing the deaths of seven soldiers in a US attack in an attempt to rally national sentiment and consolidate public

Mehran Kamrawa, a professor of government at Georgetown University Qatar, points out that the Iranian government is "deliberately" announcing the deaths of seven soldiers in a US attack in an attempt to rally national sentiment and consolidate public support during the war. He states that Iran is experiencing a resurgence of nationalism, and the authorities are using the emphasis on soldiers sacrificing themselves for their country to maintain public support for the regime. This support is crucial because Iran is mired in high inflation, high unemployment, and economic losses amounting to $270 billion. Kamrawa believes that Iran understands it cannot militarily compete with the US, and is therefore shifting the focus of the conflict to the economic sphere; the attacks on shipping are a manifestation of this strategy. The US may respond with similar tactics. He notes, "A revolution cannot happen in hunger. When people begin to worry about their next meal, basic security, and shelter, the US may try to economically exhaust Iran's resilience."
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