Elon Musk is leading a group of investors in offering to buy control of OpenAI for $97.4 billion. OpenAI CEO Sam Altman said Musk is aiming to “slow down a competitor.”
Perhaps unsurprisingly, the biggest winner of the trade tariffs is likely to be the U.S.
Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies.
The Baltic states of Lithuania, Latvia and Estonia are bracing themselves for possible retaliation as they decouple from Russia’s power grid this weekend.
Competition between Tesla and Chinese domestic rivals is intensifying as the U.S. firm continues to launch incentives to keep its cars attractive.
“At a time of very high microeconomic uncertainties, we were able to be sufficiently agile,” Maersk CEO Vincent Clerc told CNBC’s “Squawk Box Europe.”
Traders have ramped up their bets on the total number of BOE rate cuts in 2025 since January, as Europe diverges from the U.S.
“Strongman” leaders in Europe — allied with the likes of President Donald Trump and Russia’s Vladimir Putin — look increasingly weak, analysts say.
Economists polled by Reuters had expected the January inflation print to come in at 2.4%, unchanged from December.
Canada, Mexico and China have responded to Trump’s long-promised tariffs on imports, with Canada immediately retaliating.