Commits

Sports carmaker extends lifespan of petrol-engined Emira, made in Norfolk, to continue to cater for US marketBusiness live – latest updatesThe boss of the luxury sports carmaker Lotus has called for government support for its UK factory as the Chinese-owned company insisted it will not abandon its British roots.Lotus said it had extended the lifespan of the £80,000 Emira petrol-engined sports car, made by 900 employees in its factory in Norfolk, in order for the brand to continue to serve the US market. Continue reading...

• The Association of Southeast Asian Nations (ASEAN) has pledged to adopt a zero-tolerance approach to the illicit narcotics trade as part of broader efforts to establish a drug-free region across Southeast Asia. • The commitment was announced during the 48th ASEAN Summit in Cebu, Philippines, reflecting unified regional policy against narcotics trafficking and consumption. • The drug-free initiative represents a significant coordinated effort among ASEAN member states including Indonesia, Myanmar, Philippines, Singapore, Thailand, and Vietnam to combat organized crime networks and reduce substance abuse.

• Google is investing $1.5 billion in a data hub in Visakhapatnam (Vizag), signaling India's emergence as a global AI powerhouse. • The project focuses on advanced AI infrastructure to support data center expansion and cloud services. • This investment underscores India's strategic importance in Google's global AI strategy amid rising demand.

• Meta reported $107bn in contractual commitments for Q1 2026 cloud services to fuel AI model development. • Aggressive investments include datacenter expansions and supply chain deals for AI hardware components. • Company expects AI breakthroughs later in 2026, pushing to monetize advanced research.

• OpenAI has agreed to spend more than $20 billion over the next three years on Cerebras-powered server capacity, marking a significant infrastructure investment for the AI company. • The arrangement could also grant OpenAI warrants for a minority stake in Cerebras, with the commitment roughly double the size of OpenAI's previously reported chipmaker agreement. • This massive compute deal reflects intensifying competition in AI infrastructure as companies race to secure specialized chip capacity for training and deploying large language models.

• Michigan's Final Four Most Outstanding Player Elliot Cadeau plans to stay with the Wolverines next season after their national title. • His decision provides continuity for the champions amid widespread transfer portal activity. • Cadeau's retention bolsters Michigan's bid to repeat as NCAA champions.