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China to Develop Home-Grown AI Solutions Using Supercomputers to Counter US Sanctions
China is turning to supercomputing to boost its AI capabilities in response to U.S. sanctions on advanced semiconductors and GPUs, which are crucial for developing large language models (LLMs).
Procter & Gamble's Stock Drops as Revenue Misses Expectations
Procter & Gamble's earnings beat expectations, but its revenue fell short, leading to a 4.6% drop in stock price despite a historical 1% increase in volume.
US Farmers Struggle with Extreme Heat; Higher Fruit and Vegetable Prices Expected
Record-breaking heat waves are expected to increase U.S. produce prices as extreme temperatures reduce crop yields. Farmers face higher growing costs and potential long-term impacts on key crops like corn and strawberries.
Air New Zealand Withdraws 2030 Emissions Initiative Due to Fuel Costs and Delays
Air New Zealand has dropped its 2030 climate goal due to challenges with fuel-efficient aircraft delivery and alternative fuel costs, making it the first major airline to revise near-term environmental targets.