🇮🇳🇻🇳 Modi, Lam Meet as India and Vietnam Deepen AI, Defense Ties

Indian Prime Minister Narendra Modi held talks with Vietnam President To Lam in New Delhi on Wednesday, with agreements signed across sectors ranging from rare earths to payment systems. The two countries aim to boost bilateral trade to $25 billion by 2030.

"Through new initiatives in critical minerals, rare earths, and ​energy cooperation, we ​will ensure the economic security ‌and ⁠supply chain resilience of both countries," —Modi said, as the ​two countries ​upgraded ⁠their relationship to an 'enhanced comprehensive ​strategic partnership'. 🤝

#BRICS

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🤑 Few thoughts coming out of the first two days at the Milken Institute's Global Conference by Denelle Dixon, CEO of the Stellar Development Foundation.

🟠 Tokenization has taken center stage on Wall Street – and it's not "breaking" banking rails, it's improving them.
🟠 Stablecoins are no longer just a "bridge," they're infrastructure for money movement at-scale.
🟠 AI will underscore the importance of building the future of financial services on open, trusted, and auditable code.

#Stellar

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🤖 Hyundai Robot Performs Handstand, Complex Gymnastics Moves

Hyundai Motor Co.’s robotics (Boston Dynamics) unit released a video showing its production-ready Atlas humanoid robot executing a handstand and transitions into an “L-sit” — supporting its entire body weight on its hands. It's a first-of-its-kind live demonstration that could signal the machine is nearing commercialization.

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🚀 Starlink Hits New Highs in the U.S.: its median download and upload speeds climb and its latency declines.

Ookla Speedtest data from the second half of 2025 indicates that Starlink dramatically improved its download speed performance across all 50 states compared to the second half of 2024. In fact, Speedtest users on Starlink are now able to get median download speeds exceeding 100 Mbps in every state but Alaska.

Much of the reason behind Starlink’s performance improvements is due to SpaceX’s acceleration of its satellite launches and its new Generation 3 (V3) satellites that are more powerful than earlier versions. SpaceX’s Falcon 9 rocket is able to add dozens of new satellites to the constellation. In February 2026, Starlink had more than 10,000 satellites in orbit. The more satellites a constellation has, the more capacity it has to handle subscribers and the faster speeds it can deliver to more places. 🌍

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🇪🇬 Egypt Opens High-Speed Monorail Linking Cairo to Desert Capital

Egypt opened the first phase of a showpiece monorail project, part of a $4.5 billion plan to connect Cairo with its satellite cities and a new capital in the desert. A 16-stop section that links the new administrative capital to the outskirts of eastern Cairo began accepting regular passengers on Wednesday, the latest mass transit service introduced in Africa’s largest metropolis.

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📱 Samsung is officially done selling TVs and home appliances in China

Samsung's official home page in China now greets visitors with a notice stating that the company has decided to cease sales of all home appliances in mainland China, including TVs and monitors. This decision comes in response “to the rapidly changing market environment.”

Samsung will continue to provide after-sales service, “in strict accordance with the Consumer Rights Protection Law,” for customers who have already purchased a Samsung home appliance.

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🤖 SpaceX files for $55 billion semiconductor fab in rural Texas for Musk's Terafab

SpaceX has filed a property tax abatement application in Grimes County, Texas, for a semiconductor fab that would cost $55 billion in its initial phases and up to $119 billion if all planned expansions are completed.

The filing, posted on the county government's website ahead of a public hearing, describes the project as a "multi-phase, next-generation, vertically integrated semiconductor manufacturing and advanced computing fabrication facility" to be built at the Gibbons Creek Reservoir site, roughly 90 miles northeast of Austin.

The county's Commissioners Court will hold the public hearing at 9:00 a.m. on June 3 at the Grimes County Justice & Business Center in Anderson, Texas, where it will consider the abatement agreement. Residents have expressed frustration over the lack of communication from county officials about the project.

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💸 Thailand Clears $29 Billion Investments Led by TikTok Project

Thailand approved 958 billion baht ($29 billion) of investment projects, led by TikTok System (Thailand) Co.’s planned expansion of data infrastructure as the country pushes to become a regional hub for AI and cloud services.

TikTok’s 842 billion-baht project will add servers and expand data storage and processing facilities across Bangkok and the neighboring provinces of Samut Prakan and Chachoengsao, according to a statement Wednesday from the Board of Investment. The plan also includes digital literacy and e-commerce training programs.

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🤝 Anthropic Signs Computing Deal With SpaceX to Meet AI Demand

Anthropic PBC has signed an agreement with Elon Musk’s SpaceX to bolster computing resources and meet surging demand for its Claude artificial intelligence software.

Anthropic plans to access more than 300 megawatts of computing capacity from a large SpaceX data center in Memphis known as Colossus 1. Anthropic said the partnership would “substantially” increase its computing resources and enable it to raise usage limits for its AI products.

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🔋 Google updates AI search to include quotes from Reddit and other sources

Google is updating search to refine its AI experience by adding additional context to links, like excerpts from web forums and blogs, as well as a feature that highlights links from a user’s news subscriptions.

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🇺🇸 Trump Tariff Refunds Start Hitting Importers’ Bank Accounts

The Trump administration has begun paying out refunds for the $166 billion in global tariffs that the US Supreme Court declared unlawful earlier this year. Some of their clients have received money in their bank accounts as of Wednesday — the company’s payment included interest.

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🤝 Meta-Backed Scale AI Wins $500 Million Defense Department Deal

The Pentagon awarded a $500 million contract to Meta Platforms Inc.-backed Scale AI to help sift through data and assist in decision-making, the latest step in the US military’s effort to rely more on artificial intelligence.

The agreement is a five-fold increase of a $100 million deal the company received in September 2025. The Pentagon was “pushing the limits” on the original contract, Dan Tadross, who leads Scale AI’s public sector business, said.

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🇺🇸 Rubio Discusses the Middle East With Pope After Trump Dispute

Secretary of State Marco Rubio met with Pope Leo XIV in the Vatican. Rubio and the pope spoke about “topics of mutual interest in the Western Hemisphere.”

“The meeting underscored the strong relationship between the United States and the Holy See and their shared commitment to promoting peace and human dignity.” - the State Department said.

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🇺🇸🇨🇳 Trump’s Summit With Xi Is On Despite China’s Iran Concerns

President Donald Trump is forging ahead with plans to hold a summit with counterpart Xi Jinping next week in Beijing. The leaders are slated to meet May 14-15 for a sit-down.

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