Category: Finance News

Feb 16

What changes to the CHIPS act could mean for AI growth and consumers

Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Sarah Parvini Published Feb 16, 2025  •  4 minute read Article content LOS ANGELES (AP) — Even as he’s vowed to push the United States ahead in artificial intelligence research, President Donald Trump’s threats to alter federal government contracts with chipmakers and […]
Feb 16

Deepmind scientist raises $50m to use AI in protein design revolution

A former DeepMind scientist who helped develop AlphaFold, the AI model that revolutionised protein structure prediction, has raised $50 million to launch Latent Labs, a startup focused on using artificial intelligence to design new proteins. Simon Kohl, a German-born physicist and machine learning expert, founded Latent Labs in 2023 with the ambition of “achieving computational […]
Feb 16

Third of UK entrepreneurs fear Trump’s proposed tariffs will hit business costs

More than a third of UK entrepreneurs are concerned about the financial impact of Donald Trump’s proposed trade tariffs, according to a new survey by entrepreneur network Helm. The poll, conducted between 10 and 11 February among Helm’s 400 members—who collectively generate £8 billion in revenue—found that 37% of respondents fear the tariffs could add […]
Feb 15

Canada’s Conservative Leader Pitches Major Natural-Resource Revamp to Counter Trump

Breadcrumb Trail Links PMN Business Canadian Conservative Leader Pierre Poilievre pledged to build an “east-west economy” with oil and gas pipelines stretching from Alberta to the Maritime provinces as part of a sweeping plan to respond to US tariff threats. Author of the article: Bloomberg News Randy Thanthong-Knight and Jacob Lorinc Published Feb 15, 2025 […]