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Donald Trump’s long-running pursuit of the Nobel Peace Prize has collided with the caution of the prize’s Norwegian jury, which is expected to resist any overt political pressure. While Trump remains a dominant force in global politics and could still shape the diplomatic landscape around the award, experts say his chances of winning this year are remote.
British AI infrastructure company Nscale has raised $3.36 billion in convertible financing as it prepares for an initial public offering later this year, underscoring the enormous capital demands of the global AI data center boom. The round was led by hedge fund Third Point and includes $1 billion from Nvidia, with the notes set to convert into equity after the IPO closes.
Health ministers from G20 nations meeting in Rio de Janeiro voiced support for the World Health Organization's first Investment Round, urging all member states and partners to help fund the agency's new global health strategy. WHO says it has already secured 63 pledges worth more than $1 billion, but is pressing for additional commitments ahead of the G20 Leaders' Summit in November.
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