Daily Archives: 02/11/2025


EU, Canada vow to stand firm against Trump’s tariffs on metals

The 27-nation European Union and Canada quickly vowed Tuesday to stand firm against U.S. President Donald Trump’s move to impose 25% tariffs on their steel and aluminum exports, verbal sparring that could lead to a full-blown trade war between the …


Vance tells Europeans that heavy regulation could kill AI 

Paris — U.S. Vice President JD Vance told Europeans on Tuesday their “massive” regulations on artificial intelligence could strangle the technology, and rejected content moderation as “authoritarian censorship.” The mood on AI has shifted as the technology takes root, from one …


EU’s AI push to get $50 billion boost, EU’s von der Leyen says

PARIS — Europe will invest an additional $51.5 billion to bolster the bloc’s artificial intelligence ambition, European Commission Ursula von der Leyen said on Tuesday. It will come on top of the European AI Champions Initiative, that has already pledged 150 …


Musk-led group makes $97.4 billion bid for control of OpenAI

A consortium led by Elon Musk said Monday it has offered $97.4 billion to buy the nonprofit that controls OpenAI, another salvo in the billionaire’s fight to block the artificial intelligence startup from transitioning to a for-profit firm. Musk’s bid …


France seeks AI boom, urges EU investment in the sector

French President Emmanuel Macron wants Europe to become a leader in the artificial intelligence (AI) sector, he told a global summit of AI and political leaders in Paris Monday where he announced that France’s private sector has invested nearly $113 …


Trump signs executive orders on steel, aluminum tariffs

Washington — President Donald Trump moved to substantially raise tariffs on steel and aluminum imports on Monday, canceling exemptions and duty-free quotas for major suppliers Canada, Mexico, Brazil and other countries in a move that could boost the risk of a …