Business reporter covering energy, small firms and the Danish economy.
Beijing startup Z.ai has released GLM-5.2, a free, open-weight AI model that benchmarks close to the best offerings from Anthropic and OpenAI at a fraction of their cost. Its arrival coincides with US government restrictions on top American models, handing Chinese developers an unexpected opening.
A cargo vessel was struck by a projectile near Oman on Thursday, halting a UN maritime evacuation program just as oil prices had fallen to pre-war levels for the first time since the US-Israel strikes on Iran in February. The incident has cast fresh doubt on the US–Iran peace framework.
Formula 1's governing body has triggered its official heat hazard protocol at the Red Bull Ring in Spielberg, as a continent-wide heatwave pushes temperatures to record June levels across Europe.