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The new AI arms race
America and China are vying for dominance, while Europe tries to competeFinancial Times - 2h -
Google says U.S. is facing a power capacity crisis in AI race against China
The U.S. is facing a power capacity crisis as the tech sector races against China to achieve dominance in artificial intelligence, an executive leading the energy strategy of Alphabet’s Google unit ...NBC News - 2h -
Europe wants to be part of the AI race against China and the U.S. — and shake off its anti-innovation image
Europe is looking to be a part of the conversation around AI leadership and innovation that has so far been dominated by the U.S. and China.CNBC - 15h -
Ex-Google chief warns west to focus on open-source AI in competition with China
Eric Schmidt’s caution comes following Chinese start-up DeepSeek’s breakthroughFinancial Times - 16h -
Vance says U.S. is "gold standard" for AI at artificial intelligence summit
Vice President JD Vance called America the "gold standard" in artificial intelligence and promised to keep it that way while speaking at an AI summit in Paris. CBS News White House reporter Olivia ...CBS News - 1d -
EU says AI race 'far from over' as bloc pledges 50-billion-euro investment boost
European Commission President Ursula von der Leyen said Tuesday that the race for AI leadership had not yet been won by China or the U.S.CNBC - 1d -
DeepSeek’s AI model is ‘the best work’ out of China but the hype is 'exaggerated,' Google DeepMind CEO says
DeepSeek's AI model "is probably the best work" out of China, Demis Hassabis said on Sunday, but added it was not a scientific advancement.CNBC - 2d -
AI race must be led by ‘western, liberal, democratic’ countries, says UK minister
Technology secretary delivers veiled warning over China’s role ahead of Paris summit. The artificial intelligence race must be led by “western, liberal, democratic” countries, said the UK ...The Guardian - 2d -
Hugging Face brings ‘Pi-Zero’ to LeRobot, making AI-powered robots easier to build and deploy
Pi0 is a groundbreaking AI model that helps robots understand natural language commands, potentially revolutionizing industrial automation.VentureBeat - 5d
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Hopes for more Fed rate cuts dim as Powell notes hot CPI means 'we're not quite there yet'
A Fed interest rate cut won't be coming until at least September, if at all this year, following a troubling inflation report Wednesday.CNBC - 1h -
Here's the inflation breakdown for January 2025 — in one chart
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as tariffs loom.CNBC - 1h -
CFPB’s new leadership begins staff purge with dozens of employees terminated
The terminations have sowed more confusion at the bureau, as several of those being laid off had already accepted federal buyout offers, said one of the people.CNBC - 10m -
Trump reciprocal tariffs could come by Thursday, White House says
President Donald Trump could announce his reciprocal tariff plan before he meets with Indian Prime Minister Narendra Modi on Thursday, the White House said.CNBC - 1h -
Apple brings its TV streaming service to rival Android platform
Apple TV+'s Android release on Wednesday is Apple first major subscription service launch for Google's platform in 10 years.CNBC - 1h
More in Business
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Comcast and NBCUniversal receive FCC inquiry on DEI initiatives
The Federal Communications Commission has sent a letter to Comcast inquiring about its DEI practices, a company spokesperson confirmed Wednesday.CNBC - 10m -
CFPB’s new leadership begins staff purge with dozens of employees terminated
The terminations have sowed more confusion at the bureau, as several of those being laid off had already accepted federal buyout offers, said one of the people.CNBC - 10m -
CVS shares pop 15% on big earnings beat, even as high medical costs drag down insurance unit
It caps off the first full quarter with David Joyner, a longtime CVS executive, as CEO of the troubled retail drugstore chain.CNBC - 12m -
AP Accuses White House of Violating First Amendment
The Associated Press said the White House had blocked its journalists from attending two press events because the news agency had not started using the term Gulf of America.The New York Times - 22m -
Lyft shares sink 6% on underwhelming fourth-quarter results
Lyft shares shed about 6% after the ride-sharing app reported lackluster fourth-quarter results and weak bookings guidance due to rising competition.CNBC - 26m