(Reuters) – Albemarle, the world’s largest producer of lithium, said on Wednesday it swung to a quarterly profit as cost cuts helped offset plunging prices for the metal used to make electric vehicle batteries. The company posted a profit for the fourth quarter ended December 31 of $33.6 million, or 29 cents per share, compared…
By Nandita Bose and Kanishka Singh WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday he did not think it was practical for Ukraine to join NATO and that it was unlikely Ukraine will get back all of its land. Trump discussed the war in Ukraine on Wednesday in phone calls with Russian President…
(Reuters) – OpenAI will not release “o3” as a standalone artificial intelligence model, as the ChatGPT maker looks to simplify its products, CEO Sam Altman said on Wednesday. The Microsoft-backed startup will release a GPT-5 model as a comprehensive AI system that will incorporate o3 along with other technologies, he said in a post on…
AMSTERDAM (Reuters) -Greenpeace International has filed a lawsuit against U.S. pipeline company Energy Transfer in a Dutch court, the environmental group said on Tuesday, adding it was the first test of a new European law aimed at curbing lawsuits intended to silence rights activists. Energy Transfer has been pressing lawsuits in the United States against…
By Anna Tong Positron, a startup chip maker that aims to compete with Nvidia, said Tuesday it raised $23.5 million to scale production of its U.S.-made artificial intelligence chips. Valor Equity Partners, known for backing Elon Musk’s companies, Atreides Management, Flume Ventures and Resilience Reserve were among the investors who participated in the round. Reno-based…
By Foo Yun Chee BRUSSELS (Reuters) – DeepSeek may face more actions from national regulators in the future, Europe’s privacy watchdog said on Tuesday, underscoring the bloc’s concerns about the rising popularity of the cheap Chinese artificial intelligence startup. National privacy regulators discussed DeepSeek at a monthly meeting on Tuesday, after Italy blocked the chatbot…
(Reuters) – Federal Reserve Chair Jerome Powell on Tuesday said he did not believe that Elon Musk or members of his Department of Government Efficiency team have tried to access the Fed’s secure payment systems. “Will you commit to report to this committee, majority and minority, immediately should you become aware of any such attempt…
By Brendan Pierson (Reuters) -A U.S. judge on Monday ordered the Trump administration to fully comply with a previous order lifting its broad freeze on federal spending, after a group of 23 Democratic state attorneys general last week said that some funds remained frozen. U.S. District Judge John McConnell in Providence, Rhode Island, ruled that…
(Reuters) -A consortium of investors led by billionaire Elon Musk is offering $97.4 billion to buy the nonprofit that controls artificial intelligence startup OpenAI, the Wall Street Journal reported on Monday. Musk’s attorney, Marc Toberoff, said he submitted the bid to OpenAI’s board on Monday, according to the report. “It’s time for OpenAI to return…
WASHINGTON (Reuters) – The Federal Aviation Administration said on Monday it is reversing a four-year-old decision to rename pilot messages and reinstating the prior “Notice to Airmen” term. In December 2021, the FAA under President Joe Biden renamed the messages “Notices to Air Missions,” commonly known as NOTAMs, saying it was “inclusive of all aviators…
