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Investment manager VanEck predicts revenue from these projects could reach $10.2 billion by 2030 – and a staggering $51 billion in a best-case scenario.

The agreement follows a long partnership between the firms on the BA609 tiltrotor program, which ended in 2011.

A professor who taught Sam Altman, the entrepreneur behind ChatGPT, has warned US tech giants are “hyping up fears” over artificial intelligence (AI) in order to suffocate potential rivals with regulation.

(Bloomberg) -- Vice President Kamala Harris is poised to announce an investment of more than $200 million from philanthropic foundations to finance artificial intelligence advancements as part of the White House’s effort to guide the quickly developing technology, according to an administration official.Most Read from BloombergSaudi Forces on Alert After Clash With Iran-Backed HouthisInnovent, Lilly Obesity Drug Spurs More Weight Loss in TrialIsrael Latest: Netanyahu Vows to Stay On; Targets Hit

Vodafone underlined its commitment to Open RAN networks on Monday by confirming it would create purpose-built chipset architecture for the nascent technology with Intel. The European operator also said it had made its first 4G calls using Open RAN over network sites shared with Orange in Romania, and it was partnering with Nokia to pilot the technology in Italy. Open RAN allows mobile operators to mix and match equipment from various suppliers, potentially increasing flexibility.