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A new study from MIT suggests the biggest and most computationally intensive AI models may soon offer diminishing returns compared to smaller models. By mapping scaling laws against continued improvements in model efficiency, the researchers found that it could become harder to wring leaps in performance from giant models whereas efficiency gains could make models … Read more
Companies touting their artificial intelligence products dominated the Promenade, the main road in Davos. In past years at the World Economic Forum annual meeting, cryptocurrency firms were the most prominent down the Promenade. But AI fever has taken over in 2024. Arjun Kharpal | CNBC “We few, we happy few, we band of brothers.” The … Read more
During a press conference in late 2024, President Donald Trump vowed to “slash massive numbers of job-killing regulations” in his second term and pledged to eliminate 10 old rules for every new one. Now, he’s bringing that deregulation drive to commercial space, ordering federal agencies to streamline launch licensing, fast-track spaceport development, and clear out … Read more
A key policy goal of President Donald Trump’s administration is bringing jobs back to American factories, though the effort has been mired in a years-long slog despite support from both Democratic and Republican administrations. But even beyond the challenge of getting large, multinational companies to reroute their complex supply chains, there’s a large and unsolved … Read more
Stepping onto an old wooden duck blind in the middle of the York River, Bryan Watts looks down at a circle of sticks and pine cones on the weathered, guano-spattered platform. It’s a failed osprey nest, taken over by diving terns. “The birds never laid here this year,” said Watts, near the mouth of Virginia’s Chesapeake … Read more
Honda Canada will postpone a $15-billion Canadian (US$10.7 billion) electric vehicle investment project in Canada’s most populous province, including a proposed EV battery plant and retooled vehicle assembly facility. Honda Canada spokesman Ken Chiu said Tuesday due to the recent slowdown in the EV market, Honda has announced an approximate two-year postponement of the comprehensive … Read more
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The crypto industry found its champion in Donald Trump. Once a skeptic of blockchain, Trump embraced the sector after companies like Coinbase and Ripple donated tens of millions of dollars to elect pro-crypto candidates during the last election cycle. Trump began to adopt talking points rarely heard outside of Crypto Twitter, like calling for the … Read more
Steep U.S. tariffs are set to hit Switzerland and its marquee watchmaking industry hard following a 31% levy. Switzerland, which has famously stayed neutral on most matters, including European integration, faces one of the highest levies on the continent. Its top business lobby has described the levies as “harmful and unjustified.” From cheese to chocolate … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US President Donald Trump’s proposal to take over Gaza has hit hopes of a return to the Red Sea route after more than a year of disruption, according to shipping executives. Trump’s shock … Read more
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