Comcast to Move Forward With Universal Theme Park in the UK
Comcast Corp. said it will proceed with plans to build its first European theme park in the UK after getting necessary approvals from the government there.
The park will be built in Bedford, about 35 minutes north of London by train, the company said in a press release Tuesday. Construction is expected to start in 2026. Comcast acquired the 476-acre parcel two years ago.
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Yahoo
7 minutes ago
- Yahoo
Europe Builds AI Infrastructure With NVIDIA to Fuel Region's Next Industrial Transformation
Europe AI Infrastructure France, Italy and the United Kingdom Support Regional Technology and Cloud Providers Domyn, Mistral AI, Nebius and Nscale to Deploy More Than 3,000 Exaflops of NVIDIA Blackwell Systems for Sovereign AI NVIDIA to Build AI Factory in Germany to Accelerate Industrial Manufacturing Applications in Europe European Telcos Fastweb, Orange, Swisscom, Telefónica and Telenor Build AI Infrastructure With NVIDIA, Enabling Enterprises to Adopt and Build Agentic AI Applications European Enterprises, Startups and Public Sector to Harness Regional NVIDIA Infrastructure to Develop and Deploy Agentic and Physical AI NVIDIA Establishes AI Technology Centers Across Continent to Advance Research, Upskill Workforces and Accelerate Scientific Breakthroughs PARIS, June 11, 2025 (GLOBE NEWSWIRE) -- —NVIDIA GTC Paris at VivaTech—NVIDIA today announced it is working with European nations, and technology and industry leaders, to build NVIDIA Blackwell AI infrastructure that will strengthen digital sovereignty, support economic growth and position the continent as a leader in the AI industrial revolution. France, Italy, Spain and the U.K. are among the nations building domestic AI infrastructure with an ecosystem of technology and cloud providers, including Domyn, Mistral AI, Nebius and Nscale, and telecommunications providers, including Orange, Swisscom, Telefónica and Telenor. These deployments will deliver more than 3,000 exaflops of NVIDIA Blackwell compute resources for sovereign AI, enabling European enterprises, startups and public sector organizations to securely develop, train and deploy agentic and physical AI applications. NVIDIA is establishing and expanding AI technology centers in Germany, Sweden, Italy, Spain, the U.K. and Finland. These centers build on NVIDIA's history of collaborating with academic institutions and industry through the NVIDIA AI Technology Center program and NVIDIA Deep Learning Institute to develop the AI workforce and scientific discovery throughout the regions. 'Every industrial revolution begins with infrastructure. AI is the essential infrastructure of our time, just as electricity and the internet once were,' said Jensen Huang, founder and CEO of NVIDIA. 'With bold leadership from Europe's governments and industries, AI will drive transformative innovation and prosperity for generations to come.' 'France is committed to investing in AI to strengthen our economy, benefit our citizens and uphold our values,' said Emmanuel Macron, president of the French Republic. 'By working closely with our nation's leading technology innovators and NVIDIA, we are equipping researchers, entrepreneurs and public institutions with the tools they need to explore new ideas, tackle complex challenges and help shape the future of AI for France.' 'Just as coal and electricity once defined our past, AI is defining our future,' said U.K. Tech Secretary Peter Kyle. 'NVIDIA's expansion of its technology center here in the U.K. will be vital in helping us to deliver on our AI ambitions, and their partnership in building the capabilities that will transform our AI Growth Zones into engines of opportunity. This is our Plan for Change in action, bringing together leading innovators to build the compute infrastructure that will drive growth across every region and secure the U.K.'s place as a global AI leader in the age of AI.' 'This agreement represents a strategic step toward strengthening Italy's technological sovereignty and ensuring that our businesses have secure and competitive access to data management,' said Minister of Enterprise and Made in Italy Adolfo Urso. 'The collaboration with top-tier partners such as NVIDIA and Domyn confirms the government's commitment in supporting high-level alliances to foster innovation and the competitiveness of the national production system.' Building Europe's Foundation for AI Infrastructure and InnovationBuilding AI infrastructure requires strategic investment in advanced systems, land and facilities, sustainable energy access, skilled experts and partnerships. To accelerate the development of these national resources, NVIDIA is working with leaders across France, the U.K., Germany and Italy. In France, Mistral AI is working with NVIDIA to build an end-to-end cloud platform powered by 18,000 NVIDIA Grace Blackwell systems in the first phase, with plans to expand across multiple sites in 2026. This infrastructure will enable organizations across Europe to quickly develop and deploy AI using optimized Mistral AI models and validated AI factory designs, accelerating the adoption of agentic AI applications. In the U.K., NVIDIA is collaborating with NVIDIA Cloud Partners Nebius and Nscale to unlock advanced AI capabilities for enterprises and businesses of all sizes. At London Tech Week, the cloud providers announced the first phase of their AI infrastructure development plans to deploy 14,000 NVIDIA Blackwell GPUs to power new data centers, making scalable, secure AI infrastructure widely accessible across the U.K. In Germany, NVIDIA and its partners are building the world's first industrial AI cloud for European manufacturers. This AI factory will be powered by NVIDIA DGX™ B200 systems and NVIDIA RTX PRO™ Servers featuring 10,000 NVIDIA Blackwell GPUs to enable Europe's industrial leaders to accelerate every manufacturing application, from design, engineering and simulation to factory digital twins and robotics. In Italy, NVIDIA is working with Domyn and the government to advance the nation's sovereign AI capabilities. Domyn is developing its Domyn Large Colosseum reasoning model on its supercomputer, Colosseum, with NVIDIA Grace Blackwell Superchips, in alignment with its mission to support regulated industries in adopting AI. European Telcos Build AI Infrastructure With NVIDIA for Regional EnterprisesNVIDIA is also working with leading European telecommunications providers — including Orange, Fastweb, Swisscom, Telefónica and Telenor — to develop secure, scalable sovereign AI infrastructure across the region. Orange is accelerating the development of enterprise-grade AI, including agentic AI, large language models and personal AI assistants, using Orange Business' Cloud Avenue, built on high-performance NVIDIA infrastructure. Fastweb introduced MIIA — an Italian language model to support generative AI applications — trained and running on its NVIDIA DGX AI supercomputer. Telenor is expanding its sovereign AI infrastructure in Norway with a new, renewable-powered data center, in addition to hosting a partner's multilingual AI translation service, available in over 100 languages. Swisscom is launching new AI services, including GenAI Studio and AI Workhub hosted on its sovereign AI NVIDIA DGX SuperPOD™-based infrastructure, empowering Swiss enterprises to rapidly build and scale AI applications. Telefónica is piloting a distributed edge AI fabric across Spain with hundreds of NVIDIA GPUs to deliver low-latency, privacy-focused AI services. These collaborations enable enterprises to develop and deploy customized AI models and agentic applications at scale, tapping into telcos' extensive networks and trusted role as critical infrastructure providers. NVIDIA AI Technology Centers Fuel Research, Upskilling and Scientific ProgressNVIDIA is establishing and expanding technology centers in Germany, Sweden, Italy, Spain, the U.K. and Finland to accelerate AI skills development, research and infrastructure for the continent's enterprises and startups. The Bavarian AI center in Germany, intended to be established in collaboration with the Bayern KI consortium, will advance research in fields including digital medicine, stable diffusion AI and open-source robotics platforms to foster global collaboration. The Sweden AI center will advance world-class AI research with support from NVIDIA experts and hands-on NVIDIA Deep Learning Institute training to help with upskilling. The Italy AI center will expand to include new AI factory deployments with the CINECA consortium. The Spain AI center will expand to include a new AI factory with the Barcelona Supercomputing Center. The U.K. AI center will accelerate the U.K.'s most groundbreaking research in embodied AI, materials science and Earth systems modeling. The Finland AI center enables researchers to accelerate AI research and applications for computer vision, machine learning and AI for science. These strategic initiatives across Europe build on NVIDIA investments in building AI infrastructure worldwide, including in Taiwan and the Middle East. Watch the NVIDIA GTC Paris keynote from Huang at VivaTech, and explore GTC Paris sessions. About NVIDIANVIDIA (NASDAQ: NVDA) is the world leader in accelerated computing. For further information, contact: Corporate CommunicationsNVIDIA Corporationpress@ Certain statements in this press release including, but not limited to, statements as to: with bold leadership from Europe's governments and industries, AI driving transformative innovation and prosperity for generations to come; technology development in European nations; the benefits, impact, performance, and availability of NVIDIA's products, services, and technologies; expectations with respect to NVIDIA's third party arrangements, including with its collaborators and partners; expectations with respect to technology developments; and other statements that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the 'safe harbor' created by those sections based on management's beliefs and assumptions and on information currently available to management and are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic and political conditions; NVIDIA's reliance on third parties to manufacture, assemble, package and test NVIDIA's products; the impact of technological development and competition; development of new products and technologies or enhancements to NVIDIA's existing product and technologies; market acceptance of NVIDIA's products or NVIDIA's partners' products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of NVIDIA's products or technologies when integrated into systems; and changes in applicable laws and regulations, as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company's website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances. © 2025 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, DGX, NVIDIA DGX SuperPOD and NVIDIA RTX PRO are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Other company and product names may be trademarks of the respective companies with which they are associated. Features, pricing, availability and specifications are subject to change without notice. A photo accompanying this announcement is available at
Yahoo
15 minutes ago
- Yahoo
Global Market's Top 3 Stocks That Could Be Undervalued In June 2025
As global markets navigate a mixed economic landscape, with U.S. stocks climbing for the second consecutive week and European indices buoyed by easing monetary policies, investors are keenly observing the potential impacts of trade tensions and labor market shifts. Amid these developments, identifying undervalued stocks can be particularly appealing as they may offer opportunities for growth when market conditions are uncertain. Name Current Price Fair Value (Est) Discount (Est) Wanguo Gold Group (SEHK:3939) HK$30.70 HK$61.36 50% Sparebank 68° Nord (OB:SB68) NOK179.38 NOK357.46 49.8% Sahara International Petrochemical (SASE:2310) SAR18.98 SAR37.71 49.7% PixArt Imaging (TPEX:3227) NT$220.00 NT$436.00 49.5% Montana Aerospace (SWX:AERO) CHF19.50 CHF38.68 49.6% Good Will Instrument (TWSE:2423) NT$44.30 NT$87.18 49.2% Exsitec Holding (OM:EXS) SEK128.50 SEK254.56 49.5% doValue (BIT:DOV) €2.258 €4.45 49.3% Airbus (ENXTPA:AIR) €163.92 €325.62 49.7% ABO Energy GmbH KGaA (XTRA:AB9) €36.70 €72.88 49.6% Click here to see the full list of 495 stocks from our Undervalued Global Stocks Based On Cash Flows screener. Let's review some notable picks from our screened stocks. Overview: SILICON2 Co., Ltd. is involved in the global distribution of cosmetics products and has a market cap of ₩3.40 billion. Operations: The company generates revenue primarily through its wholesale miscellaneous segment, which amounts to ₩787.27 million. Estimated Discount To Fair Value: 41.1% SILICON2 is trading at ₩61,800, significantly below its estimated fair value of ₩104,926.19, suggesting it may be undervalued based on cash flows. Despite high volatility in recent months, the company reported strong earnings growth of 134.2% over the past year and forecasts revenue and earnings growth above 20% annually. Recent results showed net income rising to KRW 38,785 million from KRW 25,535.55 million a year ago with improved earnings per share figures. The analysis detailed in our SILICON2 growth report hints at robust future financial performance. Click here and access our complete balance sheet health report to understand the dynamics of SILICON2. Overview: Qingdao Baheal Medical INC. is involved in the research, development, production, and sale of pharmaceutical products with a market cap of approximately CN¥11.10 billion. Operations: The company's revenue is derived from its activities in research, development, production, and sale of pharmaceutical products. Estimated Discount To Fair Value: 15.2% Qingdao Baheal Medical is trading at CNY 23.29, below its estimated fair value of CNY 27.46, indicating potential undervaluation based on cash flows. Despite a slight decline in recent sales and net income compared to the previous year, earnings are projected to grow significantly over the next three years. The company recently affirmed a dividend distribution plan for 2024, reflecting stable shareholder returns amidst moderate revenue growth expectations above the Chinese market average. Our growth report here indicates Qingdao Baheal Medical may be poised for an improving outlook. Click to explore a detailed breakdown of our findings in Qingdao Baheal Medical's balance sheet health report. Overview: Fositek Corp. operates in the manufacture and wholesale of electronic materials and components, with a market cap of NT$47.58 billion. Operations: The company's revenue primarily comes from its Electronic Components & Parts segment, generating NT$8.73 billion. Estimated Discount To Fair Value: 47% Fositek is trading at NT$762, significantly below its estimated fair value of NT$1,437.14, highlighting potential undervaluation based on cash flows. The company reported strong first-quarter earnings with net income rising to TWD 356.5 million from TWD 223.95 million year-over-year. Earnings are projected to grow substantially at 33.9% annually over the next three years, outpacing Taiwan's market average growth rates despite recent share price volatility and changes in company bylaws. The growth report we've compiled suggests that Fositek's future prospects could be on the up. Delve into the full analysis health report here for a deeper understanding of Fositek. Investigate our full lineup of 495 Undervalued Global Stocks Based On Cash Flows right here. Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up. Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include KOSDAQ:A257720 SZSE:301015 and TWSE:6805. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Axios
30 minutes ago
- Axios
U.S. races to break China's hold on rare earth magnets
While U.S. trade negotiators work to ease an immediate shortage of rare earth magnets from China, the Trump administration is scrambling to line up viable alternatives that would reduce America's reliance on its chief economic rival. Why it matters: Small-but-powerful rare earth magnets are essential to high-tech products, from cars and robots to electronics and weapons. But China controls 90% of the world's supply of the critical components. The contentious trade relationship between the U.S. and China has amplified the economic and security risks of that reliance. Global automakers are "in full panic" that China's limits on rare earth exports will trigger supply chain shocks like the pandemic-related semiconductor shortages that occurred in 2021 and 2022. The big picture: It's not a new problem. U.S. officials have been talking about the need to mitigate American dependence on China for years. China also dominates processing of metals like lithium, cobalt, nickel and graphite used in batteries. The latest: U.S. and Chinese officials met Monday and Tuesday in London to try to iron out their trade issues, amid reports that China was willing to expedite export licenses for U.S. and European automakers if the U.S. loosened export controls on jet engine parts and software. Late Tuesday both sides said they'd reached a framework of a deal, pending approval from both countries' leaders, that would in theory resolve the most recent export issues. Yes, but: There's still an urgency to find alternative sources. President Trump in April called for an investigation into national security risks posed by U.S. reliance on imported processed critical minerals, including rare earth elements. He has also used a series of executive orders to try to bolster domestic supply chains, like fast-tracking environmental reviews for U.S. mining projects. In Congress, meanwhile, rare earth competition with China has galvanized both parties. A spate of bills would create a tax credit for production of high-performance rare earth magnets, use Defense Production Act authority to direct emergency funding, and establish an Energy Department program to finance minerals projects. Two Republicans and two Democrats are pressing legislation that allows the president to strike free trade agreements exclusively focused on critical minerals and rare earth elements. "There is fairly broad bipartisan support around becoming more resilient, especially in areas that invoke national security — and this is clearly one of them," Sen. Todd Young, an Indiana Republican leading that bill, told Axios last month. Zoom in: One deal that's getting a lot of attention is a potential partnership between California-based MP Materials and Saudi Arabia's flagship mining company, Maaden. The deal was inked in May on the sidelines of the U.S.-Saudi Investment Forum, coinciding with a broader agreement between the U.S. and Saudi Arabia to cooperate on energy and critical minerals. MP Materials operates California's Mountain Pass, the only rare-earths mine in the U.S., which produces 12% of the global supply. At maximum production, Mountain Pass could yield enough rare earths to supply more than 6 million electric vehicles, the company says. But the bottleneck is magnets, which MP Materials is just beginning to produce. Maaden, a fast-growing, government-controlled mining company, is developing mines for a variety of critical minerals, but doesn't produce rare earths today. What to watch: Together, the companies seek to jointly develop a vertically integrated rare earths supply chain in Saudi Arabia—mining, separation, refining and magnet production—for global consumption. Zoning and environmental regulations in the U.S. make it hard to open a rare earth mine, but Saudi Arabia moves more quickly and is anxious to wean its economy off of oil. Saudi expertise in petrochemical refining can be leveraged for minerals processing, while MP brings experience across the entire rare earths supply chain, including mining, refining and magnet production. Reality check: The preliminary deal is non-binding, so it could still fall apart.
