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00:00is a big red flag. Naturally, the suspicion is on Russia. But why would Moscow do something like

00:05this? And why isn't Europe calling them out? If it is indeed Russia, they have many reasons to do

00:12this. A, to spy on Europe. Just consider the sightings over the weekend. The drones were

00:18spotted over a crucial Belgian base, a base that hosts U.S. nuclear weapons. So maybe the idea is

00:25to probe European defences, to see how capable they are, and B, to test the limits of European

00:32resolve. We've seen multiple drone sightings in recent weeks, yet there is no military response,

00:37no effort to shoot down these drones. We asked Finland's president this week about this response

00:44on Monday. We asked him whether he would shoot down these drones. Listen to his response.

00:50There is already talk of some hybrid warfare, though, and drone sightings in this part of

00:56the world. And while Russia has not been named explicitly, hints have been dropped. Would

01:01you say that Russia is behind these incursions?

01:04Well, yes, some of them, but not all of them.

01:07The U.S. president suggests you should shoot them down if they enter NATO airspace. Would

01:12you shoot them down?

01:12Well, we have a very clear protocol on this. We just visited our Air Force headquarters. I

01:21mean, constant conversation, communication with our border guards. We know exactly what

01:26happens, when happens, and how to deal with things. And so far, we haven't been in a situation

01:31where there's been any need for a shoot down. And I presume we won't be there either.

01:36So Europe is noncommittal. As of now, they have no unanimous policy for these drones, which

01:41brings us to the second question. Why isn't Brussels calling out Russia? It could be because

01:46of the lack of evidence. Maybe there is no proof tying Russia to these drones, or maybe

01:50it's not Russia at all. Just think back to 2022. A crucial gas pipeline was blown up in

01:57Europe, the Nord Stream pipeline. It was blown up. Europe was quick to blame Russia for this

02:01attack. They accused Moscow of weaponizing energy. But guess what? It was not Russia that

02:08carried out that attack. It was a Ukrainian hit team. Reports say the operation was approved

02:13by Ukraine's President Zelensky himself. And the logic is quite simple. Ukraine wants more

02:19European support. They want Europe to feel like they're under Russian attack. So could these

02:24drones be a similar ploy? The fact is, we can't be sure. But keep an eye on Europe's response.

02:32Yes, they don't want to spread panic among the people. But how long can they ignore this threat?

02:38Eventually, Brussels will have to take a call. Will it display weakness by allowing these drones to

02:44fly? Or will it shoot them down? We'll be tracking things closely.

02:48Now let's talk about Nvidia. Last week, Nvidia crossed a big milestone. It became a $5 trillion

02:58company, the only company in the world to achieve this feat. This also makes it the world's most

03:04valuable company. And that should be reason to celebrate. Instead, Nvidia CEO Jensen Huang is

03:09sounding alarm bells. He says the United States could lose the AI race and that China is pulling

03:15ahead. Huang made the statement at an AI summit and there was no ambiguity in what he said. Let me

03:23quote, China is going to win the AI race. That was Jensen Huang's blunt message. But why does he think that

03:31China is winning? Why does he think the U.S. is falling behind? Well, he gave three reasons. High energy

03:37costs, heavy regulation and what he called rising cynicism in the West. The Nvidia

03:45boss highlighted how China is subsidizing energy and offering state support to chip makers. He said

03:51that for some chip makers in China or for chip makers in China in general, power is free. And he's not

03:57exaggerating. Look at this report. It talks about China's latest energy subsidies. Three local

04:04governments have slashed power bills. Guizu, Inner Mongolia and Gansu. They are giving incentives to large

04:12data centers. For them, electricity costs have been cut by up to 50 percent. But if you want this

04:19discount, there's also a condition. These companies must use Chinese chips in their facilities. Only then

04:27can they get this 50 percent discount on their electricity bill. The goal of the policy is quite

04:33clear. Make local technology cheaper and attractive, especially against Nvidia. And Chinese tech giants are

04:40already cashing in. We're talking about companies like ByteDance, Alibaba and Tencent. Their power bills

04:46have been slashed by half. Those using Nvidia's imported chips do not qualify for these discounts.

04:52The message, again, is simple. Use Chinese, not American. This push is part of a wider plan.

04:59Beijing wants to build an entire AI ecosystem at home. It is pouring money into all areas, research patents

05:06and infrastructure. In fact, China already has more patents than any other country in the world. In the

05:12AI space, almost 70, 70 percent of patents are held by Chinese players. In research, China accounts for

05:18more than 22 percent of AI citations. The U.S. stands at 13 percent. Jensen Huang says these numbers matter.

05:25China

LIVE | President Sheinbaum Publicly Groped in Mexico — Complaint Filed | Vantage with Palki Sharma

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