PARIS (Reuters) – French President Emmanuel Macron declared on Monday that France was in the race for artificial intelligence and called on attendees at the AI Action Summit in Paris to choose Europe for their business needs. Clean electric power distinguishes France in addressing AI’s vast energy consumption, he said. “I have a good friend […]
US copper price premium soars to record after Trump tariff moves
LONDON (Reuters) – The price of copper in the United States rocketed on Monday after U.S. President Donald Trump pushed forward his plans to slap tariffs on industrial metals. The premium of U.S. Comex copper futures over those traded on the London Metal Exchange surged to a record of $920 per metric ton by 1820 […]
US homeland chief seeks to deputize IRS agents for immigration enforcement
By Ted Hesson WASHINGTON (Reuters) – The U.S. Department of Homeland Security wants to deputize some Internal Revenue Service criminal investigators and other Treasury Department personnel to perform immigration enforcement, according to a DHS document and an agency spokesperson. Homeland Security Secretary Kristi Noem sent a letter on February 7 to Treasury Secretary Scott Bessent […]
AI chip startup Groq secures $1.5 billion commitment from Saudi Arabia
(Reuters) – Semiconductor startup Groq said on Monday it has secured a $1.5 billion commitment from Saudi Arabia to expand the delivery of its advanced AI chips to the country. Groq, founded by a former Alphabet engineer, is known for producing AI inference chips that optimize speed and execute commands of pre-trained models. The startup […]