Investment Monitor

1 week ago | investmentmonitor.ai | Eugenia Perozo

It is hard to imagine exactly how we will know who won the AI arms race. We would need a global consensus about what AI that supersedes human-level intelligence (commonly referred to as artificial general intelligence) looks like, a benchmark that is much harder to pin down than a picture of Neil Armstrong on the moon. Whatever the case, industry and government officials at the SelectUSA Investment Summit agreed: the US wants, needs, tobe first.

1 week ago | investmentmonitor.ai | Ben Wein

Meat giant JBS is to invest $135m in a new sausage plant in Iowa through its US subsidiary, creating 500 jobs on completion. The company expects construction to start at the Perry site late this year and to complete in late 2026. Brazil-headquartered JBS said in a statement today (29 May) that the facility will produce some 130m lbs of sausage each year from processing around 500,000 sows.

1 week ago | investmentmonitor.ai | Archana Rani

Taiwan Semiconductor Manufacturing Co (TSMC) is planning to open a chip design centre in Munich, Germany, reports Reuters. The facility is expected to contribute to the development of advanced chips for applications such as AI. TSMC Europe president Paul de Bot was cited by the news agency as saying at the company’s 2025 Technology Symposium that the facility is expected to become operational in the third quarter of 2025.

1 week ago | investmentmonitor.ai | Eugenia Perozo

Humain, Saudi Arabia’s new AI start-up backed by the kingdom’s sovereign wealth fund, will launch a $10bn (SR37.5bn) venture capital fund as it taps major US tech companies for investment, the Financial Times (FT) reported. The company’s chief executive officer, Tareq Amin, said Humain will launch its fund this summer and will focus on investing in start-ups in the US, Europe and Asia.

1 week ago | investmentmonitor.ai | Frankie Youd

Swedish truck manufacturer Scania AB confirmed it is scheduled to begin operations at its new EUR 2 billion production hub in China in the fourth quarter of 2025, according to reports citing the company’s CEO Christian Levin. Scania, part of the Traton group which also includes brands such as MAN, International and Volkswagen Truck & Bus, currently has two main global manufacturing hubs – Sweden and in Brazil – supplying built-up vehicles and components to world markets.