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Nvidia Teams Up With G42 for UAE Data Centers in Mideast AI Push

Nvidia Teams Up With G42 for UAE Data Centers in Mideast AI Push

Bloomberga day ago

Nvidia Corp. will collaborate with a G42 unit to build data centers powered by its Blackwell chips, a sign of how the United Arab Emirates' access to the latest generation of semiconductors has improved since US President Donald Trump's May trip to the Middle East.
Khazna, a data center developer majority-owned by G42, plans to use the chips to develop artificial intelligence clusters of as much as 250 megawatts, Khazna said in a statement Wednesday. Nvidia certified the design of the facilities to support its Blackwell architecture, it said.

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Trump signs measure blocking California's ban on new sales of gas-powered cars

timean hour ago

Trump signs measure blocking California's ban on new sales of gas-powered cars

WASHINGTON -- President Donald Trump signed a resolution on Thursday that blocks California's first-in-the-nation rule banning the sale of new gas-powered cars by 2035. The state quickly announced it was challenging the move in court, with California's attorney general holding a news conference to discuss the lawsuit before Trump's signing ceremony ended at the White House. The resolution was approved by Congress last month and aims to quash the country's most aggressive attempt to phase out gas-powered cars. Trump also signed measures to overturn state policies curbing tailpipe emissions in certain vehicles and smog-forming nitrogen oxide pollution from trucks. Trump called California's regulations 'crazy' at a White House ceremony where he signed the resolutions. 'It's been a disaster for this country,' he said. It comes as the Republican president is mired in a clash with California's Democratic governor, Gavin Newsom, over Trump's move to deploy troops to Los Angeles in response to immigration protests. It's the latest in an ongoing battle between the Trump administration and heavily Democratic California over issues including tariffs, the rights of LGBTQ+ youth and funding for electric vehicle chargers. The state is already involved in more than two-dozen lawsuits challenging Trump administration actions, and the state's Democratic Attorney General Rob Bonta announced the latest one at a news conference in California. Ten other states, all with Democratic attorneys general, joined the lawsuit filed Thursday. 'The federal government's actions are not only unlawful; they're irrational and wildly partisan,' Bonta said. 'They come at the direct expense of the health and the well-being of our people.' The three resolutions Trump signed will block California's rule phasing out gas-powered cars and end the sale of new ones by 2035. They will also kill rules that phase out the sale of medium- and heavy-duty diesel vehicles and cut tailpipe emissions from trucks. In his remarks at the White House, Trump expressed doubts about the performance and reliability of electric vehicles, though he had some notably positive comments about the company owned by Elon Musk, despite their fractured relationship. 'I like Tesla,' Trump said. In remarks that often meandered away from the subject at hand, Trump used the East Room ceremony to also muse on windmills, which he claimed 'are killing our country,' the prospect of getting electrocuted by an electric-powered boat if it sank and whether he'd risk a shark attack by jumping as the boat went down. 'I'll take electrocution every single day," the president said. When it comes to cars, Trump said he likes combustion engines but for those that prefer otherwise, 'If you want to buy electric, you can buy electric.' 'What this does is it gives us freedom,' said Bill Kent, the owner of Kent Kwik convenience stores. Kent, speaking at the White House, said that the California rules would have forced him to install 'infrastructure that frankly, is extremely expensive and doesn't give you any return.' The Alliance for Automotive Innovation, which represents major car makers, applauded Trump's action. 'Everyone agreed these EV sales mandates were never achievable and wildly unrealistic,' John Bozzella, the group's president and CEO, said in a statement. Newsom, who is considered a likely 2028 Democratic presidential candidate, and California officials contend that what the federal government is doing is illegal and said the state plans to sue. Newsom said Trump's action was a continuation of his 'all-out assault' on California. 'And this time he's destroying our clean air and America's global competitiveness in the process,' Newsom said in a statement. 'We are suing to stop this latest illegal action by a President who is a wholly-owned subsidiary of big polluters.' The signings come as Trump has pledged to revive American auto manufacturing and boost oil and gas drilling. The move follows other steps the Trump administration has taken to roll back rules that aim to protect air and water and reduce emissions that cause climate change. The Environmental Protection Agency on Wednesday proposed repealing rules that limit greenhouse gas emissions from power plants fueled by coal and natural gas. Dan Becker with the Center for Biological Diversity, said the signing of the resolutions was 'Trump's latest betrayal of democracy.' 'Signing this bill is a flagrant abuse of the law to reward Big Oil and Big Auto corporations at the expense of everyday people's health and their wallets,' Becker said in a statement. California, which has some of the nation's worst air pollution, has been able to seek waivers for decades from the EPA, allowing it to adopt stricter emissions standards than the federal government. In his first term, Trump revoked California's ability to enforce its standards, but Democratic President Joe Biden reinstated it in 2022. Trump has not yet sought to revoke it again. Republicans have long criticized those waivers and earlier this year opted to use the Congressional Review Act, a law aimed at improving congressional oversight of actions by federal agencies, to try to block the rules. That's despite a finding from the U.S. Government Accountability Office, a nonpartisan congressional watchdog, that California's standards cannot legally be blocked using the Congressional Review Act. The Senate parliamentarian agreed with that finding. California, which makes up roughly 11% of the U.S. car market, has significant power to sway trends in the auto industry. About a dozen states signed on to adopt California's rule phasing out the sale of new gas-powered cars.

Adobe beats Q2 estimates, raises guidance on AI innovations
Adobe beats Q2 estimates, raises guidance on AI innovations

Yahoo

timean hour ago

  • Yahoo

Adobe beats Q2 estimates, raises guidance on AI innovations

Adobe (ADBE) shares are getting an initial lift in Thursday's extended hours right after releasing fiscal second quarter results, posting revenue of $5.87 billion (vs. estimates of $5.8 billion) and adjusted earnings per share of $5.06 (vs. estimates of $4.98 per share). Julie Hyman and Josh Lipton dive into the creative software company's earnings print, as the company outdid Wall Street's third quarter revenue and earnings forecasts, and Adobe's AI investment affirmations. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.

Equifax Secures 35 New Patents, Advancing Responsible AI, Machine Learning, and Fraud & Identity Solutions
Equifax Secures 35 New Patents, Advancing Responsible AI, Machine Learning, and Fraud & Identity Solutions

Yahoo

timean hour ago

  • Yahoo

Equifax Secures 35 New Patents, Advancing Responsible AI, Machine Learning, and Fraud & Identity Solutions

New Patents Secured in the First Half of 2025 Help Drive Responsible AI Innovation and Create More Effective Insights for Customers ATLANTA, June 12, 2025 /PRNewswire/ -- Equifax® (NYSE: EFX) has secured 35 new patents in the first half of 2025. These new patents, which bring the number of Equifax issued or pending patents to nearly 650 patents spanning 15 countries, encompass distinctive techniques in artificial intelligence and machine learning, data & analytics, cybersecurity, and identity & fraud solutions. Patents protect the unique innovations created for the benefit of the businesses, customers and consumers Equifax serves in 24 countries around the world. "With innovation made possible by the Equifax Cloud™, our latest patents reflect our continued commitment to developing new technologies and solutions that empower our customers to drive greater access to financial opportunity to more people in more places," said Harald Schneider, Chief Data & Analytics Officer at Equifax. "We have more than 1,000 Equifax analytics professionals across the globe dedicated to solving the complex and evolving challenges faced by both our customers and consumers." The custom-built Equifax Cloud is a top-tier global technology and security infrastructure that continues to set the company apart in the industry. The Equifax Cloud and custom data fabric enable the organization to drive AI innovation and maximize capabilities for faster solution implementation, cloud-native model deployment and expedited consumer decisioning and aids the organization in developing solutions that are faster, more reliable, more powerful, and more secure than ever before. The latest technology and innovation covered by the most recent Equifax patents include: Automated Model Development Process (European Patent Office with national validations in Ireland, United Kingdom and Spain) - Developing highly predictive models is a strategic capability for Equifax. This patent relates to an automated model development tool that helps in creating analytical models for machine learning applications, automating several processes like data exploration, variable selections, auto binning and model refinement. These capabilities enable Equifax Data Scientists to produce more accurate and standardized models while streamlining and accelerating the model development process. Automatically Generating Search Index for Expediting Searching of a Computerized Database (U.S.) - This patent describes a method for automatically generating search indexes to make searching large computer databases much faster and more efficient. The patented process automatically creates "search indexes" and learns through previous interactions, identifying common and effective search patterns that, when applied, efficiently narrow down the search space to a much smaller, more relevant group of records. Detecting Synthetic Online Entities Facilitated by Primary Entities (Australia) - The patent is related to a system that analyzes the rate at which secondary users are added to and removed from a primary entity's accounts to identify secondary accounts that are likely involved in facilitation of synthetic identity fraud. Production-ready Attributes Creation and Management for Software Development (India) - The patent describes a development tool designed to streamline the creation and management of model attributes, minimizing the need for manual recoding and validation when deploying attributes in a production environment. It addresses the potential problems that can occur in traditional software development processes when developers rewrite attribute code across different programming languages and environments, reducing the development time, minimizing errors, and improving the overall efficiency of model deployment. Techniques for Determining Legitimacy of Email Addresses for Online Access Control (U.S.) - Determining the legitimacy of an email address is a critical aspect of detecting various types of fraud. This patent specifically relates to a system that does not rely on past interactions with a specific email address to determine its legitimacy and can therefore be used to determine the risk associated with email addresses never before seen by the system. Updating Attribute Data Structures to Indicate Trends in Attribute Data Provided to Automated Modeling Systems (Canada) - The patent is a system and method for updating attribute data structures to include "trend attributes," which indicate patterns in time-series data for automated modeling systems. It addresses a challenge associated with traditional automated modeling systems that may rely on static "snapshots" of data at a single point in time. Learn more about the Equifax commitment to responsible AI innovation at The most recent list of issued Equifax Intellectual Property is available here. ABOUT EQUIFAX Equifax (NYSE: EFX), we believe knowledge drives progress. As a global data, analytics, and technology company, we play an essential role in the global economy by helping financial institutions, companies, employers, and government agencies make critical decisions with greater confidence. Our unique blend of differentiated data, analytics, and cloud technology drives insights to power decisions to move people forward. Headquartered in Atlanta and supported by nearly 15,000 employees worldwide, Equifax operates or has investments in 24 countries in North America, Central and South America, Europe, and the Asia Pacific region. For more information, visit FOR MORE INFORMATION: Alexandra Packey for Equifaxmediainquiries@ View original content to download multimedia: SOURCE Equifax Inc. 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