Month: August 2025
Sam Altman now says AGI, or human-level AI, is ‘not a super useful term’ — and he’s not alone
OpenAI CEO Sam Altman speaks during the Snowflake Summit in San Francisco on June 2, 2025. Justin Sullivan | Getty Images News | Getty Images OpenAI CEO Sam Altman said artificial general intelligence, or “AGI,” is losing its relevance as a term as rapid advances in the space make it harder to define the concept. AGI […]
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Here’s what U.S. automakers are saying about Trump’s changing EV policies
Tesla electric vehicles at a charging station in Alhambra, California on March 11, 2025. Frederic J. Brown | AFP | Getty Images On President Donald Trump’s first day in office, he signed an executive order aiming to eliminate the “electric vehicle mandate” and remove subsidies that favor EVs. Since then, his administration has taken steps […]
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Travel card benefits are ‘getting harder to maximize,’ analyst says. What to know before you apply
Oleksandra Yagello | Moment | Getty Images As some popular travel credit cards boost annual fees and amend benefits, experts say it’s time to reassess which cards — if any — merit a spot in your wallet. “Annual fees are not inherently bad; you just need to make sure that you’re getting value from [the […]
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Trump-Putin talks are already a ‘triumph’ for Moscow, its economy and markets
FILE PHOTO: U.S. President Donald Trump and Russia’s President Vladimir Putin talk during the family photo session at the APEC Summit in Danang, Vietnam November 11, 2017. Jorge Silva | Reuters Talks between Russian President Vladimir Putin and U.S. counterpart Donald Trump are still days away, but the two leaders’ upcoming meeting to negotiate an […]
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Orsted plunges 27% as it plans $9.4 billion rights issue after ‘adverse’ turn in U.S. market
Burbo Bank, Liverpool Bay, England, viewed from the sea turbines on Burbo wind farm off the U.K. coast. Ucg | Universal Images Group | Getty Images Orsted shares crashed more than 25% on Monday morning, after the wind farm developer said it plans a 60 billion Danish kroner ($9.4 billion) rights issue, following a “material […]
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European shares open higher as global trade holds spotlight
Orsted shares plunge The Orsted Block Island Wind Farm in this aerial photograph taken above the water off Block Island, Rhode Island. Eric Thayer | Bloomberg | Getty Images Orsted shares crashed more than 25% on Monday morning, after the wind farm developer said it plans a 60 billion Danish kroner ($9.4 billion) rights issue, […]
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Elon Musk’s Tesla launches bid to supply electricity to British households
A photo shows the logo on US electric carmaker Tesla’s European headquarters in Amsterdam on May 2, 2025. Ramon Van Flymen | Afp | Getty Images Elon Musk’s electric vehicle manufacturer and energy company Tesla is preparing to supply electricity to British households and businesses. The Texas-based company formally submitted its request for an electricity […]
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Sri Lanka’s Vegas moment? Melco’s casino resort targets Indian tourists
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Melco’s City of Dreams Sri Lanka, South Asia’s first integrated casino resort, is targeting Indian tourists with luxury experiences beyond Colombo’s beaches. Gihan Cooray, Deputy Chairman of John Keells Holdings, says that the potential from Indian travelers is vast and waiting to […]
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U.S.-China high-stakes truce extension hangs in the balance as deadline looms
A man walks past China’s and USA’s flags before a meeting between US Treasury Secretary Janet Yellen and China’s Vice Premier He Lifeng at the Guangdong Zhudao Guest House in the southern Chinese city of Guangzhou, on April 5, 2024. Pedro Pardo | Afp | Getty Images The U.S. and China have yet to announce […]
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CNBC Daily Open: Chipping away at semiconductor revenues
U.S. President Donald Trump (L) listens as Nvidia CEO Jensen Huang speaks in the Cross Hall of the White House during an event on “Investing in America” on April 30, 2025 in Washington, DC. Andrew Harnik | Getty Images U.S. markets continue to ride the artificial intelligence wave, with the tech-heavy Nasdaq Composite closing at […]
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