IBA

Foreign Secretary Ed Miliband is telling Labour's conference that critics of the party's position on Gaza 'were right', in an explicit admission that Labour was wrong. He is expected to pair the acknowledgement with a promise of change, telling delegates the party is 'not here to accept the status quo but to change it'. The remarks mark a notable break from Labour's earlier stance on the conflict.

Firefighters in Chiba, Japan, are struggling to bring a solar panel facility fire under control as flooding at the site and the risk of electrocution are slowing their response. Responders cannot safely access or douse the burning panels while water and live electrical equipment combine, prolonging the operation.

China is reportedly considering allowing ByteDance and Alibaba to purchase Nvidia's newest chips, according to Yahoo Finance. The potential approval would mark a shift in Beijing's guidance to its largest tech firms on acquiring advanced US semiconductors, and could open a significant new market for Nvidia amid ongoing US-China tensions over chip exports.

Reports indicate China may permit ByteDance and Alibaba to purchase Nvidia's RTX PRO 5500 chips, a possible easing of restrictions on access to advanced Nvidia hardware. The news drew attention because it concerns which Chinese tech giants can obtain powerful AI-capable chips amid ongoing US-China tensions over semiconductor export controls. Details on timing and conditions of any approval were not provided.

Alibaba is reportedly close to receiving Chinese approval to purchase Nvidia's RTX Pro 5500 chips for use in the country. The move would let the Chinese tech giant access advanced US-made graphics hardware despite ongoing export restrictions, and comes as Washington and Beijing continue to negotiate the terms of semiconductor trade. Investors are watching closely for confirmation, given the chip's relevance to AI and data-center workloads.