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Alphabet, Intel results in focus for AI trade as US earnings rev up Source link
President Donald Trump points his finger as he signs an executive order on AI next to Senate Commerce Committee Chairman Ted Cruz, R-Texas, left, and Commerce Secretary Howard Lutnick, in the Oval Office at the White House in Washington, Dec. 11, 2025.Al Drago | ReutersThe Trump administration has taken new steps to assert more control over the rollout of future artificial intelligence model releases by dictating which companies and entities are allowed access to the latest frontier models, two sources familiar with the matter told CNBC. Until now, that decision was in the hands of American AI giants. Both Anthropic…
A total of 34 candidates have been confirmed for the Clacton constituency by-election, triggered by the resignation of Nigel Farage.The Reform UK leader resigned as MP on 7 July, following increased scrutiny over his finances and a parliamentary investigation, but is standing again.The list contains 20 independents and a number of joke candidates, including three from the Monster Raving Loony party, with none from the main Westminster parties. Voters will go to the polls on 13 August. It is thought to be the highest number of candidates to stand in a by-election in modern times, according to Tendring District Council.The…
Iraq and Syria signed an agreement Friday to rebuild an oil pipeline that would provide an alternative to the Strait of Hormuz.Baghdad and Damascus signed the deal at a Chamber of Commerce summit in Washington on U.S. investment in Iraq. Energy Secretary Chris Wright presided over the signing by Basra Oil Company CEO Bassem Abdul Karim Nasr and Syrian Petroleum Company CEO Youssef Qablawi.”There is so much room to drive improvement in Iraq, to raise oil production, to reduce dependencies on hostile neighbors, to bring freedom, prosperity and abundant energy to the nation of Iraq,” Wright said before the signing.Iraqi…
Russia stocks lower at close of trade; MOEX Russia Index down 2.83% Source link
Sandhoo identified several issues with the first Tranche 1 satellites during a roundtable with reporters before this week’s launch. Ground controllers lacked sufficient ground station coverage to communicate with the satellites after last year’s launches. Some of the satellites encountered thermal control and propulsion system problems as they climbed from their insertion orbit to an operational altitude of more than 600 miles (1,000 kilometers), significantly higher than SpaceX’s Starlink Internet network, Sandhoo said. “We are in a pretty harsh radiation environment at 1,000 kilometers, so not all of our orbit raising has gone according to plan,” he said. “It has…
In the end no one formally challenged Sir Keir for the leadership and, once he had resigned, no one took on Burnham to replace him. In other words, a process that could have been drawn out, wasn’t. So little wonder some in Team Burnham had expected to have quite a bit more time to complete their preparations – hence that feeling of being rushed.In recent days, we are told, what are known as access talks have continued, with Burnham and his team talking to the civil service about their plans for government and the early events they want to hold…
A recent release of economic data suggests that price pressures are starting to let up, but investors may want to prepare for the risk of higher inflation going forward. Traders received welcome news this week in the form of June’s consumer price index reading , which slid 0.4% on the month. The annual rate came in at 3.5%, cooler than the 4.2% jump in May. Investors aren’t out of the woods just yet. That pace remains above the 2% mark that the Federal Reserve sees as ideal, and the U.S. has launched a volley of attacks against Iran this week,…
July 17 (Reuters) – Elon Musk’s is in talks to provide the U.S. Department of Defense with access to data center capacity worth billions of dollars to run AI models, the Wall Street Journal reported on Friday, citing people familiar with the matter. Such an agreement would extend the Pentagon’s existing relationship with SpaceX, a key partner for rocket launches and satellite-based communications and missile tracking. According to the report, SpaceX employees have discussed plans to compete more directly with neocloud firms such as CoreWeave by selling computing capacity to AI customers at lower prices. Like many large enterprises, the Defense Department…
As smoke from hundreds of burning wildfires spread across Canada and the United States, the first three operational satellites in the Google-backed FireSat program successfully launched into orbit. The satellites will begin providing wildfire detection capable of spotting even small fires in the United States, Australia, and Europe before the end of the year. The launch of the microsatellites aboard a SpaceX Falcon 9 rocket from Vandenberg Space Force Base in California on July 7, 2026 marks a transition to “initial operational capability” for the FireSat constellation managed by the nonprofit Earth Fire Alliance. After a three-month testing period, the…