What was most striking about the US government’s $2 billion in grants and investments across nine quantum computing companies were the names that were left off the list: Google, Microsoft, and IonQ. Cohen & Company Capital Markets’ Brandon Sun, who advises quantum companies on going public through SPACs, says the ...
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Some job seekers have worse odds than Harvard applicantsSome job seekers have worse odds than Harvard applicants
The acceptance rate for online job applicants has dropped so low that, in some cases, it now trails getting accepted to Harvard. Take payroll management company Deel, which employs 7,000 people and got 1.3 million job applications last year. After using AI to initially screen applicants, it hired only 2,900 ...
Oman talks to Iran about safe ship passage through HormuzOman talks to Iran about safe ship passage through Hormuz
Oman is in talks with Iran to implement a system for charging ships for passage through the Strait of Hormuz — an idea flatly rejected by the US, suggesting that no immediate end to the war is in sight. Washington has touted progress in negotiations with Tehran and several Asian ...
US to send 5,000 troops to PolandUS to send 5,000 troops to Poland
US President Donald Trump said he would deploy 5,000 troops to Poland, reversing a prior decision as European leaders vie to contain a growing transatlantic rift. The continent is nonetheless bracing for a potential wider US troop drawdown expected to be announced as early as today, Politico reported. The straining ...
Cuba accepts $100M in US aid as domestic crisis deepensCuba accepts $100M in US aid as domestic crisis deepens
The US said Cuba had accepted $100 million in aid, a decision that may temporarily alleviate the crisis on the island nation even if a long-term solution remains elusive. A US oil embargo has significantly worsened conditions in Cuba, with regions going days without power. But US Secretary of State ...
Trump faces further Republican rebellionTrump faces further Republican rebellion
Republicans are increasingly breaking with US President Donald Trump. GOP senators refused to vote on funding for immigration enforcement after Trump proposed a $1.8 billion “Anti-Weaponization Fund” designed to compensate those ostensibly politically targeted by the Justice Department. The party’s leaders in the House of Representatives also blocked a vote ...
China bans import of some Nvidia chipsChina bans import of some Nvidia chips
China banned the import of some Nvidia chips, underscoring Beijing’s determination to produce its own advanced semiconductors in the AI race with the US. The decision dealt a blow to the American tech firm, whose CEO was a last-minute addition to US President Donald Trump’s Beijing visit and who had ...
Musk, Zuckerberg derail Trump AI orderMusk, Zuckerberg derail Trump AI order
The Trump administration’s plans for an executive order regulating artificial intelligence were put on hold this week after some of the tech industry’s biggest players, including Elon Musk, Mark Zuckerberg, and venture capitalist David Sacks, persuaded the White House to call it off, according to people familiar with the matter. ...
Israel’s Iran stance changes MidEast calculusIsrael’s Iran stance changes MidEast calculus
Washington’s Middle East partners are increasingly seeing Israel as a destabilizing force, analysts said, a perception that is shifting regional power dynamics. Turkey is bolstering security partnerships in preparation for a regional power struggle with what it views as an unrestrained Israel, buoyed by the US, The Washington Post reported. ...
Trump postpones signing AI and cybersecurity orderTrump postpones signing AI and cybersecurity order
US President Donald Trump on Thursday postponed signing an executive order on AI and cybersecurity over concerns it could shrink the country’s AI lead over China. The order laid out “a voluntary framework” for AI firms to share their new models with the government before their public release, stemming from ...