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REVEALED: G20 - The Real Truth

‘Not Tens Of Billions, But Tens Of Trillions’: Nvidia CEO Jensen Huang Says AI Is Like the New Electricity and the Scale Is Unlike Any Tech in History

Nvidia CEO Jensen Huang told Commerce Secretary Lutnick at a G20 event that the AI infrastructure buildout will reach tens of trillions of dollars -- far beyond current company capex -- comparing it to metered energy infrastructure sold by the token.

Barchart

Hunter Biden's $LAPTOP Implied $200B After He Called $TRUMP a Grift; What Sent It Crashing 90%+ in an Hour

$LAPTOP's opening price was multiplied across 1 billion tokens, while claimable allocations and market-maker inventory added sell-side pressure

International Business Times UK

Scott Bessent Says How Much Economic Growth Is Needed For The U.S. To Grow Its Way Out Of Its Debt Trap

"We don't have a revenue problem. We have a spending problem," Bessent said.

International Business Times

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India joins US-led global initiative to shape next-generation 6G networks

India has joined twenty-four nations in a global initiative for 6G network development. This agreement was finalized following a bilateral meeting between US and Indian officials. The G20 Innovation Ministerial meeting was hosted by the United States Department of Commerce. Discussions focused on strengthening cooperation across semiconductors, AI, and data…

The Economic Times

Trump keeps heralding an economic boom, but even a solid jobs report is causing problems for him

President Trump voiced his dissatisfaction regarding the state of the economy, attributing inflation and financial difficulties to both market volatility and the Federal Reserve's policies. His administration is banking on artificial intelligence and tariffs as catalysts for economic growth. Nonetheless, analysts point out that his approach may have exacerbated inflation…

The Economic Times

Tech CEOs want the world to embrace AI, but protestors outside their G20 gathering show the industry’s growing popularity problem

As tech CEOs championed AI inside a G20 gathering in Chapel Hill, N.C., hundreds gathered outside to protest data centers and other issues.

Fortune

US, China gear up for mid-September AI safety talks

The talks, the first official bilateral discussions devoted exclusively to AI between the US and China since US President Donald Trump took office for a second time, will be led by US Treasury Secretary Scott Bessent on the US side, the sources, who were briefed on the planning, said on…

The Economic Times

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US claims EU joined new Iran sanctions push, yet Brussels only endorsed them

US Treasury Secretary Scott Bessent has declared that the European Union formally joined Washington's campaign to sever Iran from the global financial system. Yet a Brussels statement issued at this week's G20 finance meeting in fact stops well short of that.

Euronews

OpenAI’s Sam Altman says AI use is ‘non-negotiable’

Head of ChatGPT creator compared the technology to electricity

The Independent UK

China’s paper-tiger alliance shows the US can’t isolate Iran

Donald Trump's economic strategy against Iran faces significant global challenges. Treasury Secretary Bessent's "with us or against us" stance echoes past policies. However, the world in 2026 is different from 2001, with shifting alliances. The Shanghai Cooperation Organization now balances US power and supports Iran. This new global order means…

The Economic Times

US urges G20 countries to allow AI training on creators' work

The United States urged G20 nations to create rules for AI training on copyrighted works. Major American tech firms face lawsuits over using creator content for AI development. Commerce Secretary Howard Lutnick advocated for "fair use" principles to protect artists. The Justice Department supported OpenAI's use of copyrighted material for…

The Economic Times

Trump administration sides with OpenAI in lawsuit against New York Times

The Times and many companies are accusing OpenAI of misusing their material to train AI systems without compensation

The Guardian - US

Trump Wants The World To Follow America's AI Playbook. His Own Team Is Still Fighting Over It.

Commerce and the White House tech policy office are competing for influence as Washington urges G20 countries to take a lighter approach to AI regulation.

International Business Times

Elon Musk States Artificial Intelligence Will Be 'Stockfish-Level' Good Making Competition Impossible

Elon Musk tells the G20 Summit that AI could add 20 to 30 trillion dollars a year to the global economy and soon outclass humans at writing software.

International Business Times UK

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TechRadar

US and AI bosses ask G20 not to regulate AI because it could hurt America's bottom line

The Carolina Principles call for existing laws to be applied to AI wherever possible, and China has reportedly signed up.

The Independent UK

Scott Bessent exposes China as sole nation resisting the global plan to block cheap exports

Treasury Secretary Scott Bessent said Tuesday that 19 of the members of the G20 had agreed to address streams of “cheap exports”

The Economic Times

Nirmala Sitharaman pushes trade, investment ties in G20 meetings with key partners

Union Finance Minister Nirmala Sitharaman met global leaders during the G20 meeting. She discussed trade and investment cooperation with World Bank President Ajay Banga. Sitharaman also spoke with IMF Managing Director Kristalina Georgieva about economic outlook. Discussions with Poland and Qatar covered expanding bilateral partnerships and trade. Engagements aimed to…

The Economic Times

Bessent says 19 finance ministers agreed 'cheap exports' are unsustainable, but China dissented

Treasury Secretary Scott Bessent stated nineteen G20 members agreed to address cheap exports. China dissented from this agreement, which aims to curb global economic imbalances. Bessent urged other nations to adopt measures similar to the Trump administration's trade policies. He also previewed upcoming discussions between President Trump and President Xi…

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The Economic Times

Mark Zuckerberg, Elon Musk make plea at G20 for more AI data centers

Mark Zuckerberg and Elon Musk on Tuesday stressed the need for more AI data centers and the electric power needed to support them at a meeting of G20 technology ministers focused on the disruptions and opportunity brought by artificial intelligence. In separate remarks, Tesla and SpaceX chief Musk stressed the…

France 24

G20 backs final statement despite Russia tensions, China dissent

G20 finance leaders wrapped up two days of talks in Ashville, North Carolina, on Tuesday with broad backing for a final statement, despite tensions over Russia’s participation and divisions with China. US Treasury Secretary Scott Bessent said Moscow’s presence had not disrupted discussions, as ministers also grappled with the war…

The Independent UK

Scott Bessent pitches Trump-inspired finance competition at G20 ministers meeting

Critics of Bessent’s efforts argue that the problem is less about people not knowing how to invest and more about them not having enough spare income to do so

The Independent UK

Bessent pitches US-backed financial literacy competition to world's largest economies

Treasury Secretary Scott Bessent is pitching a financial literacy campaign to the world's largest economies

The Independent UK

Bessent says G20 countries should also use tariffs to protect their industries from cheap imports

Treasury Secretary Scott Bessent says he’s urging his G20 counterparts to take a page from the Trump administration’s playbook of using tariffs to crack down on trade imbalances

The Economic Times

US pushes G20 to cut trade imbalances, focus on China

G20 members face stalled talks on global trade and fiscal imbalances. United States officials are urging higher barriers on Chinese goods to rebalance economies. China's massive export push and subsidies are pressuring global markets and economies. European officials also acknowledge China's role and the need for global adjustments. Discussions continue…

International Business Times UK

Andrew Bailey Warns G20 That Retail Investors Buying Leveraged ETFs Could Worsen Market Sell-Offs

Andrew Bailey's warning to the G20 about the risks of leveraged ETFs and AI-driven market volatility. Understand the potential impact on UK savers and the global economy.

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