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Amazon bets on nuclear power to fuel AI ambitions
Amazon bets on nuclear power to fuel AI ambitions
by  AFP

Amazon announced significant investments in nuclear energy on Wednesday, joining other tech giants in aiming to meet the high electric power demands of cloud computing and artificial intelligence using atomic energy.

Israeli booths, equipment barred from defence show in France
Israeli booths, equipment barred from defence show in France
by  AFP

Israeli delegations taking part in the major Euronaval defence show in France next month will not be permitted to set up any stand or exhibit hardware following a decision by the French government, organisers said on Wednesday.

Lufthansa fined 'record' $4 mn for barring Jewish passengers
Lufthansa fined 'record' $4 mn for barring Jewish passengers
by  AFP

US authorities have hit Lufthansa with a record $4 million penalty after finding the airline discriminated against more than 100 Jewish travelers by blocking them from boarding a flight in 2022, officials said Tuesday. Lufthansa denied boarding "to everyone for the apparent misbehavior of a few, because they were openly and visibly Jewish," DOT authorities said in a filing.

Musk's X escapes tough EU competition rules
Musk's X escapes tough EU competition rules
by  AFP

Tech billionaire Elon Musk's X platform will not face the EU's stringent competition rules aimed at keeping digital markets open, the European Commission said on Wednesday. Although Musk has escaped the DMA's crosshairs, his X platform still faces fierce scrutiny under mammoth content moderation rules, and even the risk of a large fine.

UK inflation hits three-year low, fuelling rate-cut hopes
UK inflation hits three-year low, fuelling rate-cut hopes
by  AFP

Britain's annual inflation rate fell to a three-year low in September, official data showed Wednesday, fuelling speculation that the Bank of England will resume cutting interest rates next month. - 'Dramatic drop' - It comes after official data on Tuesday showed an easing in Britain's unemployment rate and wage growth, which also bolstered analysts expectations of a rate cut.

World heading into 'the Age of Electricity': IEA
World heading into 'the Age of Electricity': IEA
by  AFP

More than half of the world's electricity will be produced by low-emission sources before 2030 but the deployment of clean energy is "far from uniform" across the globe, the International Energy Agency said Wednesday.