Nvidia is set to invest up to $100bn in OpenAI and supply the ChatGPT-maker with advanced data centre chips, in one of the most significant partnerships yet in the global race to dominate artificial intelligence. The deal, announced Monday, will be structured as two interlinked transactions. OpenAI will pay Nvidia in cash for chips, while Nvidia will take non-controlling shares ...
Rachel Reeves is under pressure to overhaul the UK’s tax system after the Resolution Foundation urged her to cut employee national insurance contributions by 2p and offset it with an equivalent rise in income tax. The thinktank, which has close ties to senior Labour ministers, said the measure could raise an additional £6bn a year by spreading the tax burden ...
The House of Representatives censured the late Roderick Butler, R-Tenn., in 1870 for taking a bribe for a military academy appointment. The House also censured late Rep. Thomas Blanton, D-Texas, in 1921 for inserting a document into the Congressional Record which contained obscene language. And late Rep. Gerry Studds, D-Mass., faced censure in 1983 for having sex with a 17-year-old ...
The Supreme Court on Monday backed President Donald Trump’s decision to fire a commissioner on the Federal Trade Commission, sending yet another signal that the high court intends to revisit a 90-year-old court precedent about executive firing power. The temporary decision to maintain Biden-appointed Commissioner Rebecca Slaughter’s termination was issued 6-3 along ideological lines. The Supreme Court set oral arguments ...
Matthew Cavedon This month, the Cato Institute joined an amicus curiae brief filed with the US Supreme Court, arguing that the GEO Group should not be allowed a pretrial appeal in a lawsuit, as ruled by the Tenth Circuit Court of Appeals. GEO Group, the petitioner, makes billions of dollars a year operating private immigration detention facilities. The company allegedly ...
NEW YORK, NY – New U.N. Ambassador Mike Waltz warned Monday the U.S. and its allies will defend ‘every inch’ of NATO territory after Russian fighter jets violated Estonian airspace. ‘The United States stands by our NATO allies in the face of these airspace violations, and I want to take this first opportunity to repeat and to emphasize the United ...
Ryan Routh, the man accused of attempting to assassinate then-presidential candidate Donald Trump at his Florida golf course last year, said he would not take the stand in his own criminal case on Monday — the strongest sign yet that the defense is preparing to rest its case and kick the trial into its final phase before jury deliberation. Routh, ...
Michael F. Cannon Many critiques of US health care begin with the assumption that, as The Economist put it, the United States is “one of the only developed countries where health care is mostly left to the free market.” In truth, among wealthy nations, the United States may have one of the least-free health care markets—and it’s making health care ...
Senate Majority Leader John Thune, R-S.D., wants to jam Senate Democrats with the GOP’s short-term funding extension, but so far they aren’t ready to play ball. Republicans and Democrats in the upper chamber blocked dueling continuing resolutions (CRs) from both parties last week and have now left Washington, D.C., until Sept. 29, effectively giving lawmakers in the upper chamber only ...
As world leaders gather in New York for the United Nations General Assembly, French President Emmanuel Macron is seizing on the Israeli-Palestinian conflict to stake out global leadership — and, critics argue, to position himself as a counterweight to President Donald Trump. Renewing his call for recognition of a Palestinian state, Macron has also put forward a proposal for a ...