Public Investment Fund

The Chips Joint Undertaking has launched funding worth €80 million to support the development of AI chips and compute systems in Europe. The call aims to strengthen European capabilities in semiconductor design and computing hardware for artificial intelligence, backing research and innovation projects across the bloc. The move is part of broader efforts to reduce reliance on foreign chip suppliers.

Greater Manchester mayor Andy Burnham has put forward a proposal for GB Grid, a new state body intended to galvanise and accelerate investment in the UK's energy infrastructure. It would be funded using money already allocated to GB Energy. The argument is that energy infrastructure is a natural monopoly that has been disrupted, and that public coordination could speed up badly needed grid investment.

Tens of billions in capital have flowed into robot tactile technology over the past six months, with multiple companies now competing to become the first tactile technology firm to go public. The funding surge reflects growing investor interest in touch-sensing systems seen as critical for advanced robotics and humanoid machines, as firms race to secure a stock market first in the fast-developing sector.

India's Finance Minister has identified quantum technology as one of the country's next major infrastructure investment priorities. The move signals that New Delhi intends to treat quantum computing alongside traditional infrastructure sectors as a strategic area for public funding, aligning India with other governments stepping up national quantum programmes.

Attention is turning to how India will fund its efforts to adapt to climate change, with climate bond advocates highlighting financing mechanisms for resilience projects. The discussion centres on mobilising investment for infrastructure and adaptation measures in one of the world's most climate-vulnerable countries, as extreme weather events continue to pressure public budgets.

The LPGA has signed a new deal with Golf Saudi, according to reports, while the Public Investment Fund is also scaling back its involvement in women's golf. The development follows LIV Golf's reported bankruptcy, raising questions about Saudi Arabia's wider strategy in professional golf and what the new partnership means for the women's tour's finances and schedule.

Washington state's education spending is under scrutiny, with a question raised about what results taxpayers are getting for the money invested in public schools. The discussion touches on whether increased funding has translated into better student outcomes, a persistent debate in a state where education is constitutionally the top funding priority.

Advocates gathered at the Pennsylvania State Capitol in Harrisburg to call for increased state funding for higher education. Demonstrators are urging lawmakers to boost appropriations for public universities and colleges, arguing that greater investment is needed to keep tuition affordable and support students across the state.

The U.S. Department of Health and Human Services has awarded more than $1.3 million to universities in North Dakota. The funding was announced through Senator Kevin Cramer's Senate office, which publicized the federal grants for the state's higher education institutions. The awards are intended to support health-related research and programs at the universities, adding to federal investment in North Dakota's academic institutions.

Milwaukee County Board Chairwoman Nicholson-Bovell is publicly calling on Congress to safeguard federal transit funding. The appeal comes as local governments nationwide watch for potential cuts to federal transportation support that transit systems rely on for operations and capital projects. Her message frames sustained federal investment as essential for Milwaukee County's buses and regional mobility.