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Analysis-Global investors turn to Chinese AI as Wall Street fears bubble

In Today’s News

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Trump’s AI hiring campaign draws interest from 25,000 hopefuls

WASHINGTON, Dec 23 (Reuters) – Roughly 25,000 people have expressed interest in joining the Trump administration’s cadre of engineers known as Tech Force, a senior Trump administration official said on Tuesday, as the U.S. government looks to install staff with artificial intelligence expertise in federal rol …

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New York Times reporter sues Google, xAI, OpenAI over chatbot training

Dec 22 (Reuters) – An investigative reporter best known for exposing fraud at Silicon Valley blood-testing startup Theranos sued Elon Musk’s xAI, Anthropic, Google, OpenAI, Meta Platforms and Perplexity on Monday for using copyrighted books without permission to train their artificial intelligence syste …

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Featured Article

Oil up slightly as market weighs strong US economic growth, supply risks

NEW YORK, Dec 23 (Reuters) – Oil prices edged up on Tuesday as investors assessed stronger-than-expected U.S. economic growth and the risk of disruptions to oil supply from Venezuela and Russia. Brent crude futures rose 22 cents, or 0.35%, to $62.29 a barrel by 1:13 p.m. ET (1813 GMT). U.S. West Texas Inte …

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Other Headlines

Novo Nordisk wins US approval for weight-loss pill

Dec 22 (Reuters) – The U.S. Food and Drug Administration approved Novo Nordisk’s weight-loss pill on Monday, giving the Danish drugmaker a leg up in the race to market a potent oral medication for shedding pounds as it looks to regain lost ground from rival Eli Lilly.The pill is 25 milligrams of semaglutide, …

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 The video Louis Navellier just recorded from his Palm Beach estate may be the most important of his entire career. Because what he’s seeing right now isn’t just another market correction. It’s something far more profound. And it starts with what President Trump’s new tariffs and the DOGE initiative are really setting in motion. What looks like routine policy is actually the catalyst for the most aggressive wealth transfer in modern American history. This isn’t about politics. It’s about your financial future. Click here to watch this urgent message now.

Venezuela passes law against piracy, blockades amid US oil ship seizures

The law, which includes “other international crimes”, comes after recent U.S. actions against Venezuelan oil shipments.The U.S. Coast Guard seized a sanctioned supertanker carrying Venezuelan crude earlier this month and attempted to intercept two other vessels linked to Venezuela over the weekend, U.S. offic …

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Analysis-Global investors turn to Chinese AI as Wall Street fears bubble

HONG KONG/NEW YORK, Dec 23 (Reuters) – Global investors are increasing their wagers on Chinese artificial intelligence companies, betting on the next DeepSeek and seeking to diversify, with concerns growing about a speculative bubble in the sector on Wall Street.Demand for China’s AI companies is also being s …

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Amazon’s Zoox to recall 332 US vehicles over software error

WASHINGTON, Dec 23 (Reuters) – Amazon’s self-driving unit Zoox said on Tuesday it is recalling 332 self-driving robotaxis because vehicles may cross the yellow center line and drive into or stop in front of oncoming traffic near intersections, the National Highway Traffic Safety Administration said.Zoox said …

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 Bitcoin’s market capitalization now eclipses that of Amazon, the company that made Jeff Bezos a household name. While many are jumping on the Bitcoin bandwagon, seasoned trader Larry Benedict is employing a more strategic approach that could yield returns 6x to 22x greater. This strategy, known as “Bitcoin Skimming,” is essential for anyone looking to capitalize on the upcoming crypto market movements. Don’t miss your chance to learn how to profit from this trend. Discover the full story and learn how to get started today!

Bank of Canada can’t tell if next rate move will be a hike or a cut, say minutes

OTTAWA, Dec 23 (Reuters) – Ahead of the Bank of Canada’s rates decision on December 10, Governing Council agreed it was hard to predict whether its next move would be a hike or cut, according to minutes of the meeting released on Tuesday.Two important reasons are unpredictable U.S. trade policy and recent vol …

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