Gaza cancer patients are dying at two to three times the pace they did before the start of the genocide in the territory, as Israel blocks many from travelling for treatment after destroying the only local specialised facility. Israel blew up Gaza's specialised cancer hospital last year after claiming that troops found a tunnel used by Hamas running beneath it, a claim that they have yet to substantiate. That means that an estimated 17,000 Gazans with cancer have no local option for chemotherapy or other advanced therapy. Practically no Palestinians can afford to travel for treatment, and those who can face Israeli restrictions. The military imposes strict caps on daily crossings to Egypt, despite a 2025 Israel-Hamas "ceasefire" deal that requires free movement in and out. Asked for comment, COGAT, the Israeli military agency that controls access to Gaza, said it coordinates medical evacuations with the World Health Organisation. To depart, Gazans mus...
Alphabet closed in on a $4 trillion valuation on Monday, set to become only the fourth company to enter the exclusive club, as the Google parent rides an artificial intelligence-driven rally. Shares of the company rose more than 5% to hit a record high of $315.9, giving it a market capitalization of $3.82 trillion. The stock has climbed nearly 70% so far this year, far outperforming AI rivals Microsoft, and Amazon.com. Nvidia, Microsoft, and Apple, have previously hit a $4 trillion valuation. Only Nvidia and Apple remain on the list. The surge reflects a striking reversal in sentiment toward Alphabet after some investors feared the company had lost its AI edge to OpenAI after the 2022 launch of ChatGPT, even though it invented much of the underlying technology behind generative AI. Read More: AI in Action: Aga Khan University Explores the Future of Work and Human-AI Synergy Alphabet has regained momentum this year by turning its cloud business, once an also-ran, into a key growth driver, drawing in Warren Buffett's Berkshire Hathaway as an investor and winning strong early reviews for its new Gemini 3 model. Steve Sosnick, chief market analyst at Interactive Brokers, said Berkshire's stake has been a key draw for investors. "Even though it's doubtful Warren Buffett had any role in this purchase ... the market is still in the mindset of anything Berkshire does is worth emulating and to be fair, that's worked for a long time," Sosnick said. Google shares have also rallied as Big Tech emerged in recent months largely unscathed from the bipartisan antitrust push that began in U.S. President Donald Trump's first term. The company sidestepped a forced sale of its Chrome browser after a court found its search business to be an illegal monopoly but stopped short of ordering a breakup. Still, the milestone may fan fears about surging valuations that some business leaders warn have detached market movements from business fundamentals, sparking worries of a bubble reminiscent of the dot-com boom of the 1990s. A wave of circular deals involving OpenAI and Nvidia - two of the companies at the heart of the AI boom - have also amplified the fears. Still, analysts said Google is well-positioned in the AI race, thanks to its strong cash flow, in-house chips that serve as an alternative to Nvidia's pricey processors and a sprawling internet search business that is already benefiting from AI integration.
from Latest World News, International News | Breaking World News https://ift.tt/W5cDAzm
from Latest World News, International News | Breaking World News https://ift.tt/W5cDAzm
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