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19879 articles published since 08 Mar 2022

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Microsoft expects to spend $80 bn on AI this fiscal year
Microsoft expects to spend $80 bn on AI this fiscal year
Business and Economy

Microsoft president Brad Smith on Friday said the company is on track to pump about $80 billion into artificial intelligence (AI) this fiscal year. For its part, Microsoft is on pace to invest about $80 billion this year to build out AI datacenters, train AI models and deploy cloud-based applications around the world, according to Smith.

UK, Germany electricity cleanest on record in 2024
UK, Germany electricity cleanest on record in 2024
Business and Economy

Britain and Germany produced their cleanest electricity on record last year, with renewables reaching record highs, according to data released Thursday. Renewable energy like wind and solar accounted for 59 percent of production in Germany, while in Britain it stood at 45 percent, the data showed.

Biden blocks US-Japan steel deal
Biden blocks US-Japan steel deal
Business and Economy

President Joe Biden on Friday announced he has blocked the controversial $14.9 billion sale of US Steel to Japan's Nippon Steel, citing a strategic need to protect domestic industry. There was rare bipartisan agreement on the issue, with Republican President-elect Donald Trump and the incoming vice president, JD Vance, also campaigning against the sale.

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