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AI firm Anthropic valued at $61.5 bn in funding round
Anthropic on Monday announced it has raised $3.5 billion in a funding round that valued the artificial intelligence startup at $61.5 billion. Amazon has invested a total of $8 billion in Anthropic, while Google-parent Alphabet has invested $2 billion in the startup. gc/dw
TSMC announces $100 bn investment in new US chip plants
President Donald Trump said Monday that the chip-making giant TSMC will invest "at least" $100 billion in the United States to build "cutting edge" chip manufacturing facilities, in the latest blockbuster financial pledge by a private company since his return to office in January.
Reddit co-founder joins 'People's Bid' to buy TikTok
Reddit co-founder Alexis Ohanian announced Monday that he is joining a US bid to buy TikTok, becoming a strategic advisor to the effort.
Dozen Teslas torched outside French dealership: authorities
A dozen Teslas were torched in France in what authorities are treating as an arson attack, the prosecutor's office said Monday. The prosecutor's office told AFP an investigation has been opened into Sunday night's attack on a dealership near the southern city of Toulouse which left eight cars burned out.
Economic woes cast shadow over Iran holiday season
Shops and markets in central Tehran, usually teeming with customers ahead of the Persian New Year, now barely see any buyers, a sombre reflection of the dire state of the Iranian economy.
Clock ticking down to Trump tariffs on Canada, Mexico, China
Time is running short for Canada, Mexico and China to avert sweeping tariffs announced by US President Donald Trump, with the planned levies to take effect past midnight over what he deems an "unacceptable" flow of drugs. Meanwhile, Mexico last week extradited some of its most notorious imprisoned drug lords to the United States in a bid to avert the sweeping duties.
EU chief offers carmakers more time on emission rules to avoid fines
EU chief Ursula von der Leyen offered Monday to give struggling European carmakers "breathing space" by allowing them extra time to meet 2025 emission reduction targets without facing fines. Von der Leyen added companies would still have to "fulfil" the same targets.
Wearable tech has far to go before challenging smartphones
Wearable gadgets like smart watches and glasses are growing more capable every year, but experts say smartphones will remain ubiquitous for the foreseeable future -- not least thanks to artificial intelligence features. That's one reason why smart watches able to make calls and send messages largely remain tethered to wearers' smartphones for now.
Eurozone inflation eases slightly in February
Eurozone inflation edged down slightly in February to 2.4 percent, reversing a four-month upward trend thanks to a slowdown in energy price increases, official data showed on Monday. Services sector inflation slowed to 3.7 percent last month, lower than the 3.9 percent recorded in January, Eurostat data showed.
AFP
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