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California's oil capital hopes for a renaissance under Trump
California's oil capital hopes for a renaissance under Trump
Economy
by  AFP

Every five years, the fading US town of Taft puts on a days-long "Oildorado" festival to celebrate its glory days at the center of California's black gold rush. Festival-goers can compete for the title of best welder, crane operator or backhoe loader -- or be crowned the "Oildorado Queen."

OpenAI big chip orders dwarf its revenues -- for now
OpenAI big chip orders dwarf its revenues -- for now
Economy
by  AFP

OpenAI is ordering hundreds of billions of dollars worth of chips in the artificial intelligence race, raising questions among investors about how the startup will finance these purchases. "They will need hundreds of billions of dollars to live up to their obligations," said Gil Luria, managing director at D.A. Davidson, a financial consulting firm.