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  • 3 min read
  • Ferrari Luce is the brand’s first fully electric car, with four doors and five seats.
  • The Ferrari Luce price starts at 550,000 euros, roughly 640,000 US dollars, before local taxes.
  • Four electric motors deliver more than 1,050 horsepower and a sub-2.5-second sprint.
  • Jony Ive and LoveFrom led a glasshouse design unlike any earlier Ferrari road car.

Ferrari Luce arrived in Rome as the brand’s first fully electric four-door road car. The carmaker picked the Vela di Calatrava complex in Rome for the global launch. Rome holds deep meaning because the brand won its first race here in 1947. Driver Franco Cortese steered the Ferrari 125 S to victory at the Caracalla circuit. Some 79 years later, the marque returns to push the limits of its engineering. CEO Benedetto Vigna told reporters the model is “the result of five years of work.”

Ferrari Luce price and specs reset the numbers

The Ferrari Luce price starts at 550,000 euros, or roughly 640,000 US dollars today. Deliveries begin in the fourth quarter of 2026, with United States sales following later. Four electric motors give the car more than 1,050 horsepower across all four wheels. The Ferrari Luce specs include a 122 kWh battery and quick 0-100 km/h sprints. Ferrari quotes a range above 500 kilometers and a top speed of 310 km/h. This Ferrari electric car sits beside petrol and hybrid models rather than replacing them. The brand built every key part in-house, from motors to the battery pack. More than 60 new patents back the engineering behind this electric four-door grand tourer.

Jony Ive’s Ferrari design rewrites the look

The Jony Ive Ferrari partnership shaped a glasshouse silhouette unlike any past model. Ive and Marc Newson led the design work through their creative collective called LoveFrom. Smooth, continuous surfaces wrap the body and cut drag to the lowest in brand history. Four doors and five seats give the Prancing Horse its first family-ready cabin. Record 23-inch front and 24-inch rear wheels rank as the largest Ferrari has fitted. Active grilles and an adjustable ride height keep airflow and cooling in fine balance. Inside, soft leather, glass, and recycled aluminum meet physical dials and clear digital displays. Chief commercial officer Enrico Galliera described the new model as “absolutely stunning” to reporters.

Sound, comfort, and what the Ferrari Luce means for you

Sound stays central, so engineers built a system around a precision accelerometer in the axle. The patented setup filters and amplifies real vibrations, much like an electric guitar would. Drivers shift from quiet calm to full volume using the e-Manettino and the paddles. A first elastically mounted subframe and active suspension cut road noise inside the cabin. Executive chairman John Elkann said a Ferrari has always been defined by feeling, not power. For buyers, this first electric Ferrari opens a calmer, roomier path into the brand. You gain five seats, a 600-liter trunk, and daily comfort without losing real pace. Rivals like Porsche and Lamborghini have lately pulled back electric plans due to weak demand. The brand instead moves ahead, betting wealthy families want a quieter, more practical option. Not every fan welcomes the change, and some critics question the bold styling choices. Ferrari shares dipped after the reveal before recovering part of the early market loss. From my standpoint, the brand balances heritage and clear risk with surprising discipline here. The Ferrari Luce now tests whether tradition and electric power can share one badge. You will see the answer as deliveries reach roads through 2026 and into 2027.

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  • Business, Cars, Ferrari, Sports

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Meta AI infrastructure to Anthropic
  • META

The prospect of renting Meta AI infrastructure to Anthropic points to a fresh revenue line for the social media company, and it could reach anyone who uses AI tools built on that capacity. Meta and Anthropic are in early talks, a source familiar with the discussions confirmed to CNN. The New York Times reported the potential Meta-Anthropic compute deal first, pegging its value at up to $10 billion over two years and citing three people with knowledge of the talks. CNN’s source said any specific numbers already reported are speculative.

The discussions are preliminary. Reuters reported Anthropic proposed the arrangement in June, with monthly payments over two years and an early exit for either side. Nothing is signed. Terms can still change. Meta and Anthropic declined to comment.

What the deal would mean for Meta

A move to lease Meta AI infrastructure to Anthropic would open a Meta cloud computing business, a line the company has never run before. That would place it against Amazon, Microsoft and Google, the three firms that dominate cloud today. For a company whose returns come almost entirely from advertising, an AI compute lease turns idle servers into cash.

The spending backdrop explains the interest. Meta said it plans to spend between $125 billion and $145 billion this year, most of it on data center buildout. That could roughly double the prior year. Investors have pressed Meta on its AI infrastructure spending, and its shares are down more than 8% from a year ago.

Zuckerberg has hinted at this path before. At Meta’s annual shareholder meeting in May, he said outside companies approach almost every week asking to buy compute “at some premium to what we’ve bought it at.” Meta held off, he said, because it still had a use for the capacity. If it overbuilds, leasing becomes an option.

Why Anthropic wants more compute

Anthropic Claude compute demand keeps climbing, and the company cannot add capacity fast enough on its own. It already holds multibillion-dollar compute deals with Google, SpaceX, Microsoft and Amazon. Adding Meta would give it another supplier as it works to keep Claude running for a growing user base.

The setup is unusual. Meta builds its own AI models and competes with Anthropic on features. Under this arrangement, it would also become Anthropic’s supplier for computing power. The compute shortage has made that kind of rival-to-rival deal routine across the industry.

What it means for you

Here is the ripple. When an AI lab adds compute, users tend to feel it. More capacity can mean looser usage limits, faster responses and steadier access to advanced models. If the plan to rent Meta AI infrastructure to Anthropic closes, Claude users could see those gains over time. If it falls apart, the pressure on Anthropic’s capacity stays.

Meta is chasing bigger AI returns on other fronts too. Last month it released an upgraded Muse Spark model it said could rival the coding tools from OpenAI, Anthropic and others. For the first time, Meta offered a paid version, another signal it wants more money back from its AI push.

The prospect of renting Meta AI infrastructure to Anthropic sits at the center of that shift. Watch whether talk turns into a signed contract.

  • 3 min read
FAB Launches the Emirati Jaywan Debit Card
  • Press Release

FAB launches the Emirati Jaywan Debit Card, and the country now has a homegrown card sitting inside its biggest bank. The card is live for domestic use. It runs on the UAE national card scheme, the local rails managed by Al Etihad Payments and backed by the Central Bank of the UAE. First Abu Dhabi Bank is the largest lender in the country by assets. So this reads as a real signal, not a pilot.

What the Jaywan debit card does

Here is what you get. The Jaywan debit card handles everyday payments and cash access across the UAE. Tap or dip at local merchant outlets. Online, it works on UAE-based platforms. ATMs nationwide handle cash withdrawals. The card also links to digital wallets through tokenised wallet integration, so your card details get swapped for a secure token on supported devices.

Security sits at the core. The card uses Chip and PIN for in-person buys and 3D Secure authentication online. Your four-digit PIN confirms you are the real cardholder at the till. For a domestic scheme handling millions of daily taps, this layer counts.

Why FAB launches the Emirati Jaywan Debit Card now

Timing tells the story. FAB launches the Emirati Jaywan Debit Card as the national rollout moves from plan to practice. The card is integrated with the FAB Mobile app, so you manage it where you already bank. You watch transactions, handle your account, and run digital servicing from one screen. Al Etihad Payments built Jaywan to localise card payments and cut transaction costs. Keeping this flow inside UAE borders also strengthens national data sovereignty, a point FAB made plainly.

Two names carried the message. Futoon Al Mazrouei, Group Head of Personal, Wealth and Business Banking at FAB, tied the card to trust and customer focus inside the UAE’s financial system. Andrea Ciancetti, Chief Products Officer at Al Etihad Payments, called the FAB launch “a critical milestone for the roll-out of the scheme,” and thanked the bank for making Jaywan real for people nationwide.

How to get the Jaywan debit card

Getting one is simple if you already bank with FAB. Apply through the FAB Mobile app or at a FAB branch. No account with the bank yet? Open an eligible one first, then apply. Elite and Private Banking clients can go through their relationship managers. FAB has not disclosed fees, account tiers, or rewards, so check those points before you commit.

Jaywan is bigger than one card. The scheme, launched in 2024, is the first UAE national card scheme, built to localise payments and lower costs for merchants and banks. First Abu Dhabi Bank is one of the early issuers, with other lenders lining up prepaid and debit products over the coming months. Al Etihad Payments has also signed global networks for co-badged cards, so travel use can follow the domestic base. For now, the FAB card stays inside UAE borders.

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  • 4 min read
ADNOC Umm Shaif Gas Cap
  • UAE

The ADNOC Umm Shaif Gas Cap has moved from a plan to a funded project, with a $6.2 billion final investment decision now signed. ADNOC will develop the offshore field alongside TotalEnergies, Eni and China National Petroleum Corporation. The deal carries a headline figure of AED22.6 billion. It targets first output by 2030.

What the ADNOC Umm Shaif Gas Cap deal delivers

The development will add more than 600 million standard cubic feet per day of natural gas and associated gas liquids. That equals close to 10 percent of what the UAE burns in a day right now. For a country holding the world’s seventh-largest gas reserves, the math matters. Rising UAE natural gas production feeds homes, factories, and the power-hungry data centres behind artificial intelligence growth. You can read this as a bet on demand staying strong.

The Umm Shaif Gas Cap FID sits inside a wider push. ADNOC has been expanding its liquefied natural gas reach and firming up UAE energy security at the same time. Global demand for lower-carbon gas keeps rising, which raises the stakes. Both goals point the same direction.

Who is building it and how

Contracts back up the ambition. ADNOC awarded three engineering, procurement and construction packages worth a combined $5.1 billion, or AED18.8 billion. Consortiums of UAE and international contractors won the work, which covers large-scale offshore infrastructure. A separate $365 million programme, AED1.3 billion, funds 14 wells. ADNOC Drilling will run that campaign over 18 months using three rigs it already owns. No new rigs join the field.

Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, tied the move to the company’s broader plan. “The Umm Shaif Gas Cap FID is another important milestone in delivering this strategy and reinforcing ADNOC’s position as a reliable gas supplier,” he said. Umm Shaif is Abu Dhabi’s longest-operating offshore field, so this builds on decades of work.

The field runs deep in the emirate’s history. It hosted Abu Dhabi’s first offshore well and fed the emirate’s first oil exports back in 1962. Six decades on, it now anchors a gas plan aimed at near self-sufficiency by 2030.

The bigger gas play

This Abu Dhabi offshore gas project does not stand alone. The ADNOC Umm Shaif Gas Cap follows a concession award for the Bab Gas Cap from the Supreme Council for Financial and Economic Affairs. That field is expected to add another 1.5 billion standard cubic feet per day of gas and liquids. Stack the two, and the supply picture grows fast.

There is a trading side too. A new ADNOC LNG platform now sits in Abu Dhabi Global Market. The venture is chasing 47 million tonnes per annum of marketable LNG capacity by 2035. That scale would place it among the largest LNG traders anywhere. The ADNOC Umm Shaif Gas Cap fits neatly into that goal, feeding molecules into a growing export machine.

My read: the ADNOC Umm Shaif Gas Cap is Abu Dhabi buying insurance and market share at once. Demand for reliable, lower-carbon gas keeps climbing, and ADNOC wants to be the name buyers trust when they place long orders. The 2030 timeline gives partners room to build. Watch the drilling pace over the next 18 months for the first real signal.

  • 3 min read
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