By Tom Hals DOVER, Delaware (Reuters) -Elon Musk’s $56 billion pay package from Tesla should have been restored by a vote of the company’s shareholders last year, a Tesla attorney argued to the Delaware Supreme Court on Wednesday. One of the biggest corporate legal battles entered its final stage after a lower court judge rescinded…
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By Ann Saphir (Reuters) -Federal Reserve Bank of Minneapolis President Neel Kashkari on Tuesday said that while he doesn’t believe artificial intelligence will quickly replace U.S. workers, massive investment in AI data centers will tend to drive borrowing costs higher, even if the Fed reduces its short-term policy rate. President Donald Trump has pushed for…
By Jarrett Renshaw, Ernest Scheyder and Gram Slattery (Reuters) -Trump administration officials have discussed taking a stake in Critical Metals Corp, four people familiar with the discussions told Reuters, which would give Washington a direct interest in the largest rare earths project in Greenland, the Arctic territory that President Donald Trump once suggested buying. If…
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(Reuters) -Elon Musk’s xAI has struck a deal with the U.S. General Services Administration (GSA) to provide the artificial intelligence startup’s Grok chatbot to federal agencies, the government’s procurement arm said on Thursday. The contract underscores Washington’s push to expand the use of AI in government operations, while intensifying competition among leading developers of the booming…
By Alberto Alerigi SAO PAULO (Reuters) -Japanese carmaker Toyota was forced to halt production at two plants in Brazil on Tuesday after heavy rain and winds severely damaged its Porto Feliz factory, the company said on Wednesday. The company said it did not know when production might resume at its plants in Porto Feliz, where…
By Eduardo Baptista BEIJING (Reuters) – Chinese tech giant Huawei has co-developed a safety-focused version of artificial intelligence model DeepSeek that it said is “nearly 100% successful” in preventing discussion of politically sensitive topics. Chinese regulators have required domestic AI models and the applications they power to reflect China’s “socialist values” before they are released…
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By Nandita Bose WASHINGTON (Reuters) – U.S. President Donald Trump established a Memphis Safe Task Force on Monday modeled after the recent federal law enforcement surge in the nation’s capital, as part of a broader initiative he says is needed to combat urban violence. He said he plans to take similar action in Chicago next….
