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Paramount on Wednesday began cutting about 1,000 employees, the first wave of a deep staff reduction planned since David Ellison took the helm of the entertainment company in August.

OpenAI is giving its long-time backer Microsoft Corp. a 27% ownership stake as part of a restructuring plan that took nearly a year to negotiate, removing a major uncertainty for both companies and clearing the path for the ChatGPT maker to become a for-profit business.

The U.S. agreed to support the construction of large-scale reactors from Westinghouse Electric Co. worth at least $80 billion, pledging much-needed government backing for the industry in the latest push to meet surging demand for electricity from artificial intelligence.

After a weekslong delay because of the federal government shutdown, the latest report on consumer prices has arrived, giving Americans a glimpse at how President Donald Trump’s economic policies are impacting everyday costs everywhere from the grocery store to the gas pump.

The United States launched three new lethal strikes against four vessels suspected of carrying drugs off the eastern Pacific coast of Latin America, killing 14 alleged “narco-terrorists” aboard vessels said to be linked to designated terrorist groups, according to a statement by Secretary of…

Amazon said on Tuesday it will reduce its global corporate workforce by about 14,000 people, with more cuts expected next year, in a major shakeup driven in part by adoption of artificial intelligence at the tech giant. 

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