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17/07/2025

OpenAI lists Google as cloud partner amid growing demand for computing capacity


OpenAI has included Alphabet's Google Cloud among its suppliers to meet escalating demands for computing capacity, according to an updated list published on the ChatGPT maker's website.​​


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Volvo Cars pauses sales of some cars in US as tariffs pinch profits


Volvo Cars said it has scaled back its U.S. model lineup this year, among the first examples of a major automaker halting U.S. shipments as President Donald Trump's tariffs make it harder to sell a broad range of vehicles profitably.


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Walmart is cutting hundreds of store-support roles, Bloomberg News reports


Walmart is cutting hundreds of store-support roles, in its latest move to simply its structure, Bloomberg News reported on Wednesday, citing a memo.


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16/07/2025

Apple inks $500 million rare earth magnet deal to bring supply back to US


Apple  has signed a $500-million deal with Pentagon-backed MP Materials for a supply of rare earth magnets, becoming one of the first tech companies to ink a U.S. supply agreement after China curbed exports earlier this year.


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Rio Tinto misses estimates for iron ore output, copper forecast upbeat


Rio Tinto (RIO.AX), (RIO.L) on Wednesday posted a lower-than-expected rise in iron ore shipments for the second quarter, but forecast fiscal 2025 copper production at the higher end of its guidance range.


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Broadcom launches new Tomahawk Ultra networking chip in AI battle against Nvidia


Broadcom's (AVGO.O) chip unit unveiled on Tuesday a new networking processor that aims to speed artificial intelligence data crunching, which requires stringing together hundreds of chips that work together.


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14/07/2025

SpaceX to invest $2 billion in Musk's xAI startup, WSJ reports


SpaceX has committed $2 billion to xAI as part of a $5 billion equity round, deepening the ties between tech billionaire Elon Musk's ventures as his artificial intelligence startup races to compete with rival OpenAI, the Wall Street Journal reported on Saturday.​


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US online spending surges $24.1 billion as steep discounts boost sales, Adobe says



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Jaguar Land Rover North America recalls about 21,000 US vehicles over torn passenger airbags


Jaguar Land Rover North America is recalling 20,999 vehicles in the United States due to torn passenger airbags that may not adequately protect an occupant in a crash, increasing the risk of injury, the U.S. National Highway Traffic Safety Administration said on Saturday.​​


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12/07/2025

Google hires Windsurf CEO and researchers to advance AI ambitions


Google has hired Windsurf CEO Varun Mohan, co-founder Douglas Chen, and select members of the coding tool's research and development team to join its DeepMind division, a Google spokesperson said on Friday, in a move to strengthen itself in the race for AI leadership.


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