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The battle over artificial intelligence is no longer just about the models ; it's now about the infrastructure that runs them . The rise of ASIC chips , designed for specific uses , is gradually reshaping the technological balance that has been dominated by GPUs up until now .
A Third of French People Engaged in Entrepreneurship, but Facing Constraints
M&A 2025: The Resurgence of Megadeals and Transformational Strategies
During the night of December 8 to 9, the European trilogue revised downwards the application thresholds of the CSRD. This decision marks a major political rebalancing and brings back into the regulatory scope companies that thought they were exempt.
The AI boom propelled American technology to historic levels in 2025. However, according to Xavier Baraton, CIO of HSBC Asset Management, signals are accumulating: next year could see the emergence of a true convergence between regions, driven by the rise of China, India, and emerging Asia.
European SMEs face a simple reality: the speed of international payments is far from standard. According to the latest edition of iBanFirst's "Speed of Payment 2025" white paper, transfers to the United States and the United Kingdom are credited within a few hours, whereas transactions to China or Hong Kong remain significantly slower. Behind these differences in payment execution speed are technical, geographical, and regulatory factors, demonstrating that speed depends as much on the global banking infrastructure as on timing—and sometimes geopolitics.
In 2025, payment delays continue to stifle small French businesses. To tackle this issue, Senator Olivier Rietmann is proposing legislation that could finally shift the balance. The goal: to rebalance the power dynamics between SMEs, large corporations, and public sector entities.
Despite the promise of transparency, hidden fees persist in international money transfers, heavily impacting consumers and businesses.
The partnership between the European champion of language models and a major player in private equity promises to inject artificial intelligence at the heart of 160 intermediate software publishers. It's a strategic operation that illustrates the spread of AI well beyond the technology giants.
In France, one in three French people, or 34%, are involved in the entrepreneurial chain, according to recent data from the 2025 French Entrepreneurial Index by BPIFrance. This involvement reflects a sustained momentum supported by an increase in business creations in 2024. The figures highlight a growing enthusiasm for independence, despite structural challenges.
After two years of decline, the global mergers and acquisitions market is experiencing a rare rebound in 2025: the total value of transactions is expected to reach $4.8 trillion, a 36% increase in just one year, according to Bain & Company.