Tuesday, August 19, 2025
Basilea on track with strong 2025 half-year results
Cresemba® and Zevtera®-related revenues rise by 24% to CHF 90.5 million
Total revenue grows significantly by 36% to CHF 104.0 million
Operating profit surges by 160% to CHF 24.0 million
Operating cash flow increases by 29% to CHF 23.1 million
Full-year 2025 guidance: on track and updated to reflect recent in-licensing of a novel oral phase 3-ready antibiotic
Zelensky: Funding Ukraine military with $90B weapons package, security guarantees discussed
Ukrainian President Volodymyr Zelensky said multiple aspects of security guarantees were discussed with President Trump and European leaders Monday.
Among the topics broached included financial support for Ukraine’s military from Europe and obtaining American-made weapons purchased by Europeans for an estimated $90 billion, Zelensky told reporters after the White House meeting.
Also discussed was the US purchasing Ukraine-made drones as a way of assisting Kyiv.
Zelensky has been adamant that security guarantees for Ukraine, to prevent another Russian invasion, would be necessary as part of any peace deal with Moscow.
In the Oval Office, Zelensky noted that there were “two parts” that Kyiv would demand be included in a security pact, including a “strong Ukrainian army” featuring Western weaponry, training and intelligence sharing, and also persistent backing of “big countries.”
European NATO nations would be expected to put up the bulk of peacekeeping forces following a possible peace agreement as a de facto security guarantee to Ukraine.
NATO Secretary General Mark Rutte praised Trump at the White House for his willingness to help provide some form of security for Ukraine as part of a peace deal.
“The fact that you have said, ‘I’m willing to participate in security guarantees’ is a big step — is really a breakthrough, and it makes all the difference,” the former Dutch prime minister said. “Thank you for that.”
Rutte later told Fox News host Laura Ingraham that the security guarantees being discussed would include “Article Five-type” for Ukraine — a reference to the NATO alliance principle that an attack against one member is an attack against all members.
The possibility of US troops being deployed to Ukraine as peacekeepers, or Kyiv joining the NATO alliance, were not discussed at the White House Monday, Rutte said during his interview on “The Ingraham Angle.”
Last month, Trump vowed to provide “billions of dollars” worth of weapons to Ukraine — paid for and distributed by NATO allies — after a White House meeting with Rutte.
https://www.aol.com/zelensky-funding-ukraine-military-90b-235849693.html
Nvidia developing new China-specific AI chip, more powerful than H20 - report
Nvidia (NASDAQ:NVDA) is preparing a new artificial intelligence chip for the Chinese market that will be based on its latest Blackwell architecture and surpass the performance of the H20 model it currently sells there, Reuters reported on Tuesday, citing people familiar with the matter.
The new processor, provisionally named the B30A, will feature a single-die design expected to provide about half the computing power of Nvidia’s flagship B300 accelerator, which uses a more advanced dual-die configuration, the report said.
Like the H20, it will include high-bandwidth memory and NVLink technology to speed up data transfers between processors.
Specifications have not yet been finalized, but Nvidia aims to ship samples to Chinese customers for testing as early as next month, the report added.
“We evaluate a variety of products for our roadmap, so that we can be prepared to compete to the extent that governments allow,” Nvidia said in a statement. “Everything we offer is with the full approval of the applicable authorities and designed solely for beneficial commercial use.”
The move comes after U.S. President Donald Trump said last week he could allow scaled-down versions of Nvidia’s next-generation chips to be sold in China, even as concerns in Washington remain high about Beijing’s access to advanced AI technology.
Trump suggested a new chip for China might have “30% to 50% off” in terms of computing power, calling the current H20 “obsolete.”
Nvidia only resumed sales of the H20 in July after being forced to halt shipments in April due to U.S. restrictions. China accounted for 13% of Nvidia’s revenue last year, making access to the market a key issue for the company.
Lawmakers in Washington, however, remain wary that even reduced-performance chips could undermine U.S. efforts to maintain an AI advantage.
Nvidia argues that maintaining a foothold in China is important to prevent developers from turning to rivals such as Huawei. The company has also rejected claims from Chinese state media that its chips pose security risks, saying there are no backdoors.
Separately, Nvidia is preparing another Blackwell-based chip for China, aimed mainly at AI inference, the report said.
Known internally as the RTX6000D, the chip will be less powerful and cheaper than the H20, according to Reuters. Shipments of small batches to Chinese clients are expected to begin in September.